The Goldman Sachs Group (GS) Proxy filing summary

Executive summary

• Launch of a new Voting Instruction Program (VIP) allows retail shareholders to set standing voting instructions aligned with board recommendations, enhancing shareholder engagement and voting efficiency.

• Participation in the VIP is voluntary, free, and does not alter existing voting rights or the information shareholders receive.

• Shareholders can enroll for each account individually and may override, change, or cancel their standing instructions at any time without cost.

• Annual reminders and additional notifications for special situations (e.g., contested elections, major transactions) are provided to participants.

Voting matters and shareholder proposals

• Shareholders may choose to vote with the board on all matters or exclude special situations such as contested director elections and significant transactions.

• Standing instructions apply to all future meetings unless specifically overridden for a particular proposal or meeting.

Board of directors and corporate governance

• The program is designed to align retail shareholder voting with board recommendations, mirroring options available to institutional investors.

• Shareholders retain the ability to override board recommendations for any meeting or proposal.