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Goldman Sachs Global Economics Analyst Disclosure Appendix Reg AC We, Jan Hatzius, Daan Struyven, Yulia Zhestkova and Devesh Kodnani, hereby certify that all of the views expressed in this report accurately reflect our personal views, which have not been influenced by considerations of the firms business or client relationships. esearch division. Unless otherwise stated, the individuals listed on the cover page of this report are analysts in Goldman Sachs Global Investment R Disclosures Regulatory disclosures Disclosures required by United States laws and regulations See company-specific regulatory disclosures above for any of the following disclosures required as to companies referred to in this report: manager or co-manager in a pending transaction; 1% or other ownership; compensation for certain services; types of client relationships; managed/co-managed y trade as a public offerings in prior periods; directorships; for equity securities, market making and/or specialist role. 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European Union and United Kingdom: Disclosure information in relation to Article 6 (2) of the European Commission Delegated Regulation (EU) egulation is (2016/958) supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council (including as that Delegated R implemented into United Kingdom domestic law and regulation following the United Kingdoms departure from the European Union and the European Economic Area) with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of 16 November 2022 22

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