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GOLDMAN SACHS GROUP INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and GOLDMAN SACHS GROUP INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

35Reported items
1,348Asset managers
24,344Fund votes
2025-04-23Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore GOLDMAN SACHS GROUP INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by GOLDMAN SACHS GROUP INC.

These tallies are GOLDMAN SACHS GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

GOLDMAN SACHS GROUP INC. — official shareholder meeting results, meeting held 2025-04-23
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Michele Burns	221,930,459	8,802,048	643,063	--	35,467,368	Majority: yes
Elect Director: Mark Flaherty	227,119,377	3,746,887	509,306	--	35,467,368	Majority: yes
Elect Director: Kimberley Harris	220,123,203	10,600,292	652,075	--	35,467,368	Majority: yes
Elect Director: John Hess	217,696,703	13,126,936	551,931	--	35,467,368	Majority: yes
Elect Director: Kevin Johnson	225,951,054	4,902,596	521,920	--	35,467,368	Majority: yes
Elect Director: Ellen Kullman	224,634,438	6,104,989	636,143	--	35,467,368	Majority: yes
Elect Director: KC McClure	229,519,867	1,301,175	554,528	--	35,467,368	Majority: yes
Elect Director: Lakshmi Mittal	213,558,153	17,187,333	630,084	--	35,467,368	Majority: yes
Elect Director: Thomas Montag	228,489,449	2,636,441	249,680	--	35,467,368	Majority: yes
Elect Director: Peter Oppenheimer	222,401,421	8,492,682	481,467	--	35,467,368	Majority: yes
Elect Director: David Solomon	216,264,449	13,693,529	1,417,592	--	35,467,368	Majority: yes
Elect Director: Jan Tighe	228,703,055	2,017,135	655,380	--	35,467,368	Majority: yes
Elect Director: David Viniar	218,964,468	12,163,881	247,221	--	35,467,368	Majority: yes
Elect Director: John Waldron	227,535,382	3,339,475	500,713	--	35,467,368	Majority: yes
Proposal 2: Advisory Vote to Approve Executive Compensation ("Say on Pay"): Our shareholders approved the advisory Say on Pay proposal.	152,718,642	77,964,224	692,704	--	35,467,368	Majority: yes
Proposal 3: Approval of the 2025 SIP: Our shareholders approved the 2025 SIP.	157,573,350	73,179,846	622,374	--	35,467,368	Majority: yes
Proposal 4: Ratification of PricewaterhouseCoopers LLP as our Independent Registered Public Accounting Firm: Our shareholders ratified the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the year ending December	250,580,891	15,774,110	487,937	--	--	Majority: yes
Proposal 5: Shareholder Proposal Regarding DEI Goals in Executive Pay Incentives.	3,800,556	226,632,545	942,469	--	35,467,368	Majority: no
Proposal 6: Shareholder Proposal Regarding Racial Discrimination Audit.	4,102,901	225,168,622	2,104,047	--	35,467,368	Majority: no
Proposal 7: Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio.	34,955,259	194,171,961	2,248,350	--	35,467,368	Majority: no

Source: GOLDMAN SACHS GROUP INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the GOLDMAN SACHS GROUP INC. 2024-2025 meeting

Each item below shows how the 1,348 asset managers that disclosed a GOLDMAN SACHS GROUP INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of GOLDMAN SACHS GROUP INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory Vote to Approve Executive Compensation (Say on Pay)

COMPENSATIONMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 35 wordings of this item as funds reported it.

66% Majority: yes · of votes cast

FOR 66%AGAINST 34%

FOR: 152,718,642AGAINST: 77,964,224

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Executive Compensation ("Say on Pay"): Our shareholders approved the advisory Say on Pay proposal.”): 152,718,642 for, 77,964,224 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 49.6% for, 25% against (75% of the company cast a for/against vote).

The 1,260 asset managers below cast 72% of the shares they voted on this item FOR (142,614,216 for, 56,042,072 against).

FOR 72%AGAINST 28%

FOR: 142,614,216 (71.8%)AGAINST: 56,042,072 (28.2%)ABSTAIN: 21,803 (0.0%)NOT VOTED: 19,935 (0.0%)WITHHELD: 1,038 (0.0%)NO VOTE: 430 (0.0%)UNKNOWN: 1 (0.0%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation (Say on Pay)” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	30,419,349	79,482	For
Fidelity	11,990,506	132,540	For
Capital Group	11,682,623	52,694	For
State Street	36,696	11,617,425	Against
Live Oak Private Wealth LLC	10,022,403	0	For
BlackRock	8,528,587	10,721	For
GEODE CAPITAL MANAGEMENT, LLC	6,696,926	0	For
Dodge & Cox	5,841,930	0	For
T. Rowe Price	5,803,047	331	For
Fisher Asset Management, LLC	5,450,496	53,630	For
Invesco	682,862	4,420,106	Against
Charles Schwab	3,943,805	0	For
JPMorgan	2,997,583	898,453	For
Legal & General Investment Management Ltd	575	3,074,652	Against
Northern Trust	2,677,722	141,603	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	2,578,762	9,044	For
Putnam	2,569,355	809	For
Dimensional	0	1,954,529	Against
GQG Partners LLC	1,938,255	0	For
John Hancock	1,315,458	455,644	For
Nuveen	1,696,345	1,048	For
AllianceBernstein	1,607,485	18,236	For
MELLON INVESTMENTS Corp	1,539,380	0	For
TIAA	1,529,002	0	For
UBS	1,347,281	174,794	For

Showing the 25 largest of 1,260 asset managers. See all 1,260 in the interactive database.

2. Shareholder Proposal Regarding DEI Goals in Executive Pay Incentives

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2025-04-23.

Combines 9 wordings of this item as funds reported it.

2% Majority: no · of votes cast

AGAINST 98%

FOR: 3,800,556AGAINST: 226,632,545

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Proposal 5: Shareholder Proposal Regarding DEI Goals in Executive Pay Incentives.”): 3,800,556 for, 226,632,545 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 1% for, 74% against (75% of the company cast a for/against vote).

The 239 asset managers below cast 11% of the shares they voted on this item FOR (10,057,190 for, 83,225,945 against).

11%AGAINST 89%

FOR: 10,057,190 (10.8%)AGAINST: 83,225,945 (89.0%)ABSTAIN: 244,373 (0.3%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Shareholder Proposal Regarding DEI Goals in Executive Pay Incentives” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	28,472,849	Against
Live Oak Private Wealth LLC	10,022,403	0	For
Fidelity	0	8,640,402	Against
BlackRock	0	8,539,308	Against
Capital Group	0	5,815,661	Against
JPMorgan	0	3,850,070	Against
State Street	0	3,262,967	Against
Dodge & Cox	0	2,579,100	Against
Charles Schwab	0	1,919,244	Against
T. Rowe Price	0	1,847,078	Against
Invesco	0	1,781,438	Against
Dimensional	0	1,730,305	Against
TIAA	0	1,490,778	Against
Putnam	0	1,000,550	Against
MFS	0	778,456	Against
John Hancock	0	750,329	Against
Prudential/PGIM	0	650,700	Against
Victory Capital	0	592,664	Against
Bridge Builder Trust	0	583,882	Against
Jackson National	0	583,144	Against
Columbia Threadneedle	0	481,773	Against
Advisors' Inner Circle Fund III	0	435,273	Against
BNY Mellon	0	430,117	Against
JANUS INVESTMENT FUND	0	397,870	Against
Union Investment Privatfonds GmbH	0	358,045	Against

Showing the 25 largest of 239 asset managers. See all 239 in the interactive database.

3. Approval of The Goldman Sachs Amended and Restated Stock Incentive Plan (2025)

CAPITAL STRUCTURE

Meeting held 2025-04-23.

Combines 4 wordings of this item as funds reported it.

81% fund support · no official result

FOR 81%AGAINST 19%

The 230 asset managers below cast 81% of the shares they voted on this item FOR (66,946,370 for, 16,131,895 against).

FOR: 66,946,370 (80.6%)AGAINST: 16,131,895 (19.4%)ABSTAIN: 7,469 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Approval of The Goldman Sachs Amended and Restated Stock Incentive Plan (2025)” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	2,695,996	5,944,406	Against
BlackRock	8,529,577	9,731	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	188	3,262,779	Against
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	0	1,730,305	Against
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	0	778,456	Against
John Hancock	71,097	679,232	Against
Prudential/PGIM	636,798	13,902	For
Victory Capital	0	592,664	Against
Bridge Builder Trust	576,108	7,774	For
Jackson National	577,356	5,788	For
Columbia Threadneedle	0	481,773	Against
Advisors' Inner Circle Fund III	408,019	27,254	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	379,844	18,026	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	101,642	155,740	Against

Showing the 25 largest of 230 asset managers. See all 230 in the interactive database.

4. Ratification of PricewaterhouseCoopers LLP as our Independent Registered Public Accounting Firm for 2025

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 250,580,891AGAINST: 15,774,110

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Proposal 4: Ratification of PricewaterhouseCoopers LLP as our Independent Registered Public Accounting Firm: Our shareholders ratified the selection of PricewaterhouseCoopers LLP as our independent registered public acco”): 250,580,891 for, 15,774,110 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 81% for, 5% against (87% of the company cast a for/against vote).

The 225 asset managers below cast 99.1% of the shares they voted on this item FOR (82,506,981 for, 679,704 against).

FOR 99.1%

FOR: 82,506,981 (99.2%)AGAINST: 679,704 (0.8%)ABSTAIN: 7,812 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 75 (0.0%)

Largest asset managers voting on “Ratification of PricewaterhouseCoopers LLP as our Independent Registered Public Accounting Firm for 2025” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,936	31	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	517,231	65,913	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	66,497	363,620	Against
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 225 asset managers. See all 225 in the interactive database.

5. Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio

ENVIRONMENT OR CLIMATEMajority of the votes cast: no

Meeting held 2025-04-23.

Combines 6 wordings of this item as funds reported it.

15% Majority: no · of votes cast

FOR 15%AGAINST 85%

FOR: 34,955,259AGAINST: 194,171,961

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Proposal 7: Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio.”): 34,955,259 for, 194,171,961 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 11% for, 63% against (74% of the company cast a for/against vote).

The 225 asset managers below cast 4% of the shares they voted on this item FOR (3,054,344 for, 79,935,469 against).

AGAINST 96%

FOR: 3,054,344 (3.7%)AGAINST: 79,935,469 (96.0%)ABSTAIN: 245,786 (0.3%)WITHHELD: 1,038 (0.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	28,472,849	Against
Fidelity	63,317	8,577,085	Against
BlackRock	32,011	8,507,297	Against
Capital Group	0	5,815,661	Against
JPMorgan	26,259	3,823,811	Against
State Street	240	3,262,727	Against
Dodge & Cox	0	2,579,100	Against
Charles Schwab	0	1,919,244	Against
T. Rowe Price	0	1,847,078	Against
Invesco	0	1,781,438	Against
Dimensional	56,635	1,673,670	Against
TIAA	1,490,778	0	For
Putnam	0	1,000,550	Against
MFS	0	778,456	Against
John Hancock	5,749	744,580	Against
Prudential/PGIM	0	650,700	Against
Victory Capital	0	592,664	Against
Bridge Builder Trust	0	583,882	Against
Jackson National	65,913	517,231	Against
Columbia Threadneedle	0	481,773	Against
Advisors' Inner Circle Fund III	15,176	420,097	Against
BNY Mellon	363,620	66,497	For
JANUS INVESTMENT FUND	0	397,870	Against
MASTER INVESTMENT PORTFOLIO	0	347,244	Against
Equitable	155,335	102,047	For

Showing the 25 largest of 225 asset managers. See all 225 in the interactive database.

6. Election of Directors: Michele Burns

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 221,930,459AGAINST: 8,802,048

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Michele Burns”): 221,930,459 for, 8,802,048 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 72% for, 3% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.8% of the shares they voted on this item FOR (83,044,852 for, 144,929 against).

FOR 99.8%

FOR: 83,044,852 (99.8%)AGAINST: 144,929 (0.2%)ABSTAIN: 7,475 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Michele Burns” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,936	31	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	576,108	7,774	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

7. Election of Directors: Mark Flaherty

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 227,119,377AGAINST: 3,746,887

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Mark Flaherty”): 227,119,377 for, 3,746,887 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 74% for, 1% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.9% of the shares they voted on this item FOR (83,127,119 for, 62,691 against).

FOR 99.9%

FOR: 83,127,119 (99.9%)AGAINST: 62,691 (0.1%)ABSTAIN: 7,446 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Mark Flaherty” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,967	0	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

8. Election of Directors: Kimberley Harris

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 220,123,203AGAINST: 10,600,292

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Kimberley Harris”): 220,123,203 for, 10,600,292 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 72% for, 3% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.8% of the shares they voted on this item FOR (83,099,033 for, 90,748 against).

FOR 99.8%

FOR: 83,099,033 (99.9%)AGAINST: 90,748 (0.1%)ABSTAIN: 7,474 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Kimberley Harris” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,967	0	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

9. Election of Directors: Kevin Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 225,951,054AGAINST: 4,902,596

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Kevin Johnson”): 225,951,054 for, 4,902,596 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 73% for, 2% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.8% of the shares they voted on this item FOR (83,100,136 for, 89,673 against).

FOR 99.8%

FOR: 83,100,136 (99.9%)AGAINST: 89,673 (0.1%)ABSTAIN: 7,448 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Kevin Johnson” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,967	0	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

10. Election of Directors: Ellen Kullman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 224,634,438AGAINST: 6,104,989

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Ellen Kullman”): 224,634,438 for, 6,104,989 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 73% for, 2% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.8% of the shares they voted on this item FOR (83,099,876 for, 89,907 against).

FOR 99.8%

FOR: 83,099,876 (99.9%)AGAINST: 89,907 (0.1%)ABSTAIN: 7,473 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Ellen Kullman” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,967	0	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

11. Election of Directors: KC McClure

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 229,519,867AGAINST: 1,301,175

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: KC McClure”): 229,519,867 for, 1,301,175 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 75% for, 0.5% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.9% of the shares they voted on this item FOR (83,157,187 for, 1,137 against).

FOR 99.9%

FOR: 83,157,187 (100.0%)AGAINST: 1,137 (0.0%)ABSTAIN: 39,007 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 1 (0.0%)

Largest asset managers voting on “Election of Directors: KC McClure” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Vote
Vanguard	28,472,849	For
Fidelity	8,640,402	For
BlackRock	8,539,308	For
Capital Group	5,815,661	For
JPMorgan	3,850,070	For
State Street	3,262,967	For
Dodge & Cox	2,579,100	For
Charles Schwab	1,919,244	For
T. Rowe Price	1,847,078	For
Invesco	1,781,438	For
Dimensional	1,730,305	For
TIAA	1,490,778	For
Putnam	1,000,550	For
MFS	778,456	For
John Hancock	750,329	For
Prudential/PGIM	650,700	For
Victory Capital	592,664	For
Bridge Builder Trust	583,882	For
Jackson National	583,144	For
Columbia Threadneedle	481,773	For
Advisors' Inner Circle Fund III	435,273	For
BNY Mellon	430,117	For
JANUS INVESTMENT FUND	397,870	For
MASTER INVESTMENT PORTFOLIO	347,244	For
Equitable	257,382	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

12. Election of Directors: Lakshmi Mittal

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 213,558,153AGAINST: 17,187,333

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Lakshmi Mittal”): 213,558,153 for, 17,187,333 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 69% for, 6% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99% of the shares they voted on this item FOR (82,135,946 for, 1,053,839 against).

FOR 99%

FOR: 82,135,946 (98.7%)AGAINST: 1,053,839 (1.3%)ABSTAIN: 7,471 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Lakshmi Mittal” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,269,305	203,544	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,936	31	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	553,882	96,818	For
Victory Capital	592,664	0	For
Bridge Builder Trust	272,533	311,349	Against
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

13. Election of Directors: Thomas Montag

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 228,489,449AGAINST: 2,636,441

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Thomas Montag”): 228,489,449 for, 2,636,441 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 74% for, 0.9% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.9% of the shares they voted on this item FOR (83,173,538 for, 8,845 against).

FOR 99.9%

FOR: 83,173,538 (100.0%)AGAINST: 8,845 (0.0%)ABSTAIN: 14,948 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 1 (0.0%)

Largest asset managers voting on “Election of Directors: Thomas Montag” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Vote
Vanguard	28,472,849	For
Fidelity	8,640,402	For
BlackRock	8,539,308	For
Capital Group	5,815,661	For
JPMorgan	3,850,070	For
State Street	3,262,967	For
Dodge & Cox	2,579,100	For
Charles Schwab	1,919,244	For
T. Rowe Price	1,847,078	For
Invesco	1,781,438	For
Dimensional	1,730,305	For
TIAA	1,490,778	For
Putnam	1,000,550	For
MFS	778,456	For
John Hancock	750,329	For
Prudential/PGIM	650,700	For
Victory Capital	592,664	For
Bridge Builder Trust	583,882	For
Jackson National	583,144	For
Columbia Threadneedle	481,773	For
Advisors' Inner Circle Fund III	435,273	For
BNY Mellon	430,117	For
JANUS INVESTMENT FUND	397,870	For
MASTER INVESTMENT PORTFOLIO	347,244	For
Equitable	257,382	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

14. Election of Directors: Peter Oppenheimer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 222,401,421AGAINST: 8,492,682

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Peter Oppenheimer”): 222,401,421 for, 8,492,682 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 72% for, 3% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.8% of the shares they voted on this item FOR (83,079,994 for, 109,820 against).

FOR 99.8%

FOR: 83,079,994 (99.9%)AGAINST: 109,820 (0.1%)ABSTAIN: 7,442 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: Peter Oppenheimer” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,936	31	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	576,108	7,774	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

15. Election of Directors: David Solomon

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 216,264,449AGAINST: 13,693,529

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: David Solomon”): 216,264,449 for, 13,693,529 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 70% for, 4% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.9% of the shares they voted on this item FOR (83,163,577 for, 26,043 against).

FOR 99.9%

FOR: 83,163,577 (100.0%)AGAINST: 26,043 (0.0%)ABSTAIN: 7,636 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: David Solomon” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,850,070	0	For
State Street	3,262,957	10	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

16. Election of Directors: Jan Tighe

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 6 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 228,703,055AGAINST: 2,017,135

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: Jan Tighe”): 228,703,055 for, 2,017,135 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 74% for, 0.7% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.9% of the shares they voted on this item FOR (83,189,461 for, 395 against).

FOR 99.9%

FOR: 83,189,461 (100.0%)AGAINST: 395 (0.0%)ABSTAIN: 7,475 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 1 (0.0%)

Largest asset managers voting on “Election of Directors: Jan Tighe” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Vote
Vanguard	28,472,849	For
Fidelity	8,640,402	For
BlackRock	8,539,308	For
Capital Group	5,815,661	For
JPMorgan	3,850,070	For
State Street	3,262,967	For
Dodge & Cox	2,579,100	For
Charles Schwab	1,919,244	For
T. Rowe Price	1,847,078	For
Invesco	1,781,438	For
Dimensional	1,730,305	For
TIAA	1,490,778	For
Putnam	1,000,550	For
MFS	778,456	For
John Hancock	750,329	For
Prudential/PGIM	650,700	For
Victory Capital	592,664	For
Bridge Builder Trust	583,882	For
Jackson National	583,144	For
Columbia Threadneedle	481,773	For
Advisors' Inner Circle Fund III	435,273	For
BNY Mellon	430,117	For
JANUS INVESTMENT FUND	397,870	For
MASTER INVESTMENT PORTFOLIO	347,244	For
Equitable	257,382	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

17. Election of Directors: David Viniar

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 218,964,468AGAINST: 12,163,881

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: David Viniar”): 218,964,468 for, 12,163,881 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 71% for, 4% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.7% of the shares they voted on this item FOR (82,987,116 for, 198,547 against).

FOR 99.7%

FOR: 82,987,116 (99.8%)AGAINST: 198,547 (0.2%)ABSTAIN: 7,393 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: David Viniar” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,936	31	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	576,108	7,774	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

18. Election of Directors: John Waldron

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 227,535,382AGAINST: 3,339,475

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: John Waldron”): 227,535,382 for, 3,339,475 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 74% for, 1% against (75% of the company cast a for/against vote).

The 224 asset managers below cast 99.9% of the shares they voted on this item FOR (83,184,997 for, 689 against).

FOR 99.9%

FOR: 83,184,997 (100.0%)AGAINST: 689 (0.0%)ABSTAIN: 7,446 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 1 (0.0%)

Largest asset managers voting on “Election of Directors: John Waldron” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,472,849	0	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,850,070	0	For
State Street	3,262,957	10	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	650,700	0	For
Victory Capital	592,664	0	For
Bridge Builder Trust	583,882	0	For
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	435,273	0	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

19. Election of Directors: John Hess

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 217,696,703AGAINST: 13,126,936

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Elect Director: John Hess”): 217,696,703 for, 13,126,936 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 71% for, 4% against (75% of the company cast a for/against vote).

The 223 asset managers below cast 99% of the shares they voted on this item FOR (81,923,213 for, 1,239,589 against).

FOR 98%

FOR: 81,923,213 (98.5%)AGAINST: 1,239,589 (1.5%)ABSTAIN: 7,453 (0.0%)NOT VOTED: 3,000 (0.0%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Election of Directors: John Hess” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,269,305	203,544	For
Fidelity	8,640,402	0	For
BlackRock	8,539,308	0	For
Capital Group	5,815,661	0	For
JPMorgan	3,823,811	26,259	For
State Street	3,262,936	31	For
Dodge & Cox	2,579,100	0	For
Charles Schwab	1,919,244	0	For
T. Rowe Price	1,847,078	0	For
Invesco	1,781,438	0	For
Dimensional	1,730,305	0	For
TIAA	1,490,778	0	For
Putnam	1,000,550	0	For
MFS	778,456	0	For
John Hancock	750,329	0	For
Prudential/PGIM	553,882	96,818	For
Victory Capital	592,664	0	For
Bridge Builder Trust	272,533	311,349	Against
Jackson National	583,144	0	For
Columbia Threadneedle	481,773	0	For
Advisors' Inner Circle Fund III	420,097	15,176	For
BNY Mellon	430,117	0	For
JANUS INVESTMENT FUND	397,870	0	For
MASTER INVESTMENT PORTFOLIO	347,244	0	For
Equitable	257,382	0	For

Showing the 25 largest of 223 asset managers. See all 223 in the interactive database.

20. Shareholder Proposal Regarding Racial Discrimination Audit

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2025-04-23.

Combines 4 wordings of this item as funds reported it.

2% Majority: no · of votes cast

AGAINST 98%

FOR: 4,102,901AGAINST: 225,168,622

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Proposal 6: Shareholder Proposal Regarding Racial Discrimination Audit.”): 4,102,901 for, 225,168,622 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 1% for, 73% against (75% of the company cast a for/against vote).

The 222 asset managers below cast 0.1% of the shares they voted on this item FOR (23,331 for, 82,822,318 against).

AGAINST 99.6%

FOR: 23,331 (0.0%)AGAINST: 82,822,318 (99.7%)ABSTAIN: 244,610 (0.3%)WITHHELD: 1,038 (0.0%)UNKNOWN: 76 (0.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Racial Discrimination Audit” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	Against	Vote
Vanguard	28,472,849	Against
Fidelity	8,640,402	Against
BlackRock	8,539,308	Against
Capital Group	5,815,661	Against
JPMorgan	3,850,070	Against
State Street	3,262,967	Against
Dodge & Cox	2,579,100	Against
Charles Schwab	1,919,244	Against
T. Rowe Price	1,847,078	Against
Invesco	1,781,438	Against
Dimensional	1,730,305	Against
TIAA	1,490,778	Against
Putnam	1,000,550	Against
MFS	778,456	Against
John Hancock	750,329	Against
Prudential/PGIM	650,700	Against
Victory Capital	592,664	Against
Bridge Builder Trust	583,882	Against
Jackson National	583,144	Against
Columbia Threadneedle	481,773	Against
Advisors' Inner Circle Fund III	435,273	Against
BNY Mellon	430,117	Against
JANUS INVESTMENT FUND	397,870	Against
MASTER INVESTMENT PORTFOLIO	347,244	Against
Equitable	257,382	Against

Showing the 25 largest of 222 asset managers. See all 222 in the interactive database.

21. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATIONMajority of the votes cast: yes

Meeting held 2025-04-23.

66% Majority: yes · of votes cast

FOR 66%AGAINST 34%

FOR: 152,718,642AGAINST: 77,964,224

The 59 asset managers below cast 61% of the shares they voted on this item FOR (6,235,700 for, 4,045,302 against).

FOR 61%AGAINST 39%

FOR: 6,235,700 (60.6%)AGAINST: 4,045,302 (39.3%)ABSTAIN: 485 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
JPMorgan	5,671,218	1,266,219	For
APG Asset Management US Inc.	0	882,408	Against
Rokos Capital Management LLP	526,152	0	For
Union Investment Privatfonds GmbH	0	358,045	Against
TD ASSET MANAGEMENT INC	0	325,624	Against
STOREBRAND ASSET MANAGEMENT AS	0	234,537	Against
NORDEA INVESTMENT MANAGEMENT AB	0	214,815	Against
Maj Invest Holding A/S	0	147,931	Against
Desjardins Global Asset Management Inc.	0	106,759	Against
ADAGE CAPITAL PARTNERS GP, L.L.C.	0	85,915	Against
TD Waterhouse Canada Inc.	0	77,779	Against
CAMBIAR INVESTORS LLC	0	69,993	Against
GuideStone	0	43,749	Against
Empower	0	43,303	Against
MILLER HOWARD INVESTMENTS INC /NY	0	40,599	Against
Brighthouse	0	27,851	Against
Swiss Life Asset Management Ltd	0	24,197	Against
HC CAPITAL TRUST	0	16,318	Against
Metzler Asset Management GmbH	15,837	0	For
Union Investment Institutional GmbH	0	15,223	Against
Vinva Investment Management Ltd	0	13,970	Against
WHITENER CAPITAL MANAGEMENT, INC.	11,856	0	For
CREDIT AGRICOLE S A	0	8,531	Against
Erste Asset Management GmbH	8,329	0	For
ESSEX INVESTMENT MANAGEMENT CO LLC	0	7,066	Against

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

22. Amend Omnibus Stock Plan

COMPENSATION

Meeting held 2025-04-23.

12% fund support · no official result

12%AGAINST 88%

The 14 asset managers below cast 12% of the shares they voted on this item FOR (36,435 for, 259,354 against).

FOR: 36,435 (12.3%)AGAINST: 259,354 (87.7%)

Largest asset managers voting on “Amend Omnibus Stock Plan” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Maj Invest Holding A/S	0	147,931	Against
GuideStone	0	43,749	Against
Empower	0	43,303	Against
Brighthouse	27,851	0	For
HC CAPITAL TRUST	0	16,318	Against
Erste Asset Management GmbH	8,329	0	For
CLEARWATER INVESTMENT TRUST	0	5,692	Against
iA Global Asset Management Inc.	0	1,100	Against
Close Asset Management Ltd	0	895	Against
NORTHERN LIGHTS FUND TRUST III	0	326	Against
Canopy Partners, LLC	250	0	For
Manitou Investment Management Ltd.	0	23	Against
UNIFIED SERIES TRUST	5	17	Against
OARSMAN CAPITAL, INC.	0	0	--

23. Consider Abolishing DEI Goals from Compensation Inducements

DIVERSITY, EQUITY, AND INCLUSION

Meeting held 2025-04-23.

36% fund support · no official result

FOR 36%AGAINST 64%

The 10 asset managers below cast 36% of the shares they voted on this item FOR (52,078 for, 93,945 against).

FOR: 52,078 (35.7%)AGAINST: 93,945 (64.3%)

Largest asset managers voting on “Consider Abolishing DEI Goals from Compensation Inducements” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
GuideStone	43,749	0	For
Empower	0	43,303	Against
Brighthouse	0	27,851	Against
HC CAPITAL TRUST	0	16,318	Against
Erste Asset Management GmbH	8,329	0	For
CLEARWATER INVESTMENT TRUST	0	5,692	Against
Qtron Investments LLC	0	659	Against
CIDEL ASSET MANAGEMENT INC	0	100	Against
UNIFIED SERIES TRUST	0	22	Against
OARSMAN CAPITAL, INC.	0	0	--

24. Amendment to the Stock Incentive Plan

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-23.

99.9% fund support · no official result

FOR 99.9%

The 10 asset managers below cast 99.9% of the shares they voted on this item FOR (386,184 for, 2 against).

FOR: 386,184 (100.0%)AGAINST: 2 (0.0%)

Largest asset managers voting on “Amendment to the Stock Incentive Plan” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Union Investment Privatfonds GmbH	358,045	0	For
Union Investment Institutional GmbH	15,223	0	For
FAYEZ SAROFIM & CO	4,235	0	For
LOUISBOURG INVESTMENTS INC.	3,224	0	For
OSSIAM	2,639	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	2,616	0	For
Virtus	123	0	For
Northern Lights Fund Trust IV	59	0	For
PACE SELECT ADVISORS TRUST	20	0	For
Genus Capital Management Inc.	0	2	Against

25. Advisory Vote to Approve Executive Compensation (Say on Pay)

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-04-24 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%14%

FOR: 202,065,049AGAINST: 31,825,507

GOLDMAN SACHS GROUP INC.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Executive Compensation ("Say on Pay"): Our shareholders approved the Say on Pay proposal.”): 202,065,049 for, 31,825,507 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 307,628,584 outstanding shares: 66% for, 10% against (76% of the company cast a for/against vote).

The 10 asset managers below cast 53.6% of the shares they voted on this item FOR (3,041 for, 2,630 against).

FOR 53.6%AGAINST 46.4%

FOR: 3,041 (53.6%)AGAINST: 2,630 (46.4%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation (Say on Pay)” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Knuff & Co LLC	2,688	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	0	2,174	Against
VAUGHAN DAVID INVESTMENTS LLC/IL	0	239	Against
DIVIDEND ASSETS CAPITAL, LLC	0	217	Against
Americana Partners, LLC	167	0	For
Ipswich Investment Management Co., Inc.	100	0	For
Axiom Financial Strategies, LLC	70	0	For
Sky Investment Group LLC	15	0	For
Bey-Douglas LLC	1	0	For
Echo45 Advisors LLC	0	0	--

26. Conduct and Report a Third-Party Racial Equity Audit on Risks Related to Race-based Initiatives

DIVERSITY, EQUITY, AND INCLUSION

Meeting held 2025-04-23.

36% fund support · no official result

FOR 36%AGAINST 64%

The 8 asset managers below cast 36% of the shares they voted on this item FOR (52,078 for, 93,186 against).

FOR: 52,078 (35.9%)AGAINST: 93,186 (64.1%)

Largest asset managers voting on “Conduct and Report a Third-Party Racial Equity Audit on Risks Related to Race-based Initiatives” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Vote
GuideStone	43,749	0	For
Empower	0	43,303	Against
Brighthouse	0	27,851	Against
HC CAPITAL TRUST	0	16,318	Against
Erste Asset Management GmbH	8,329	0	For
CLEARWATER INVESTMENT TRUST	0	5,692	Against
UNIFIED SERIES TRUST	0	22	Against
OARSMAN CAPITAL, INC.	0	0	--

27. Ratify Appointment of Independent Auditors

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-04-23.

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 250,580,891AGAINST: 15,774,110

The 7 asset managers below cast 100% of the shares they voted on this item FOR (42,010 for, 0 against).

FOR 100%

FOR: 42,010 (100.0%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Vote
MARCO INVESTMENT MANAGEMENT LLC	41,202	For
NORTHERN LIGHTS FUND TRUST III	326	For
HARBOUR INVESTMENT MANAGEMENT LLC	275	For
Virtus	123	For
Northern Lights Fund Trust IV	59	For
PACE SELECT ADVISORS TRUST	20	For
VOISARD ASSET MANAGEMENT GROUP, INC.	5	For

28. Amend Stock Compensation Plan

OTHER

Meeting held 2025-04-23.

100% fund support · no official result

FOR 19%A 81%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (823 for, 0 against).

FOR: 823 (19.1%)A: 3,481 (80.9%)

Largest asset managers voting on “Amend Stock Compensation Plan” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Vote
LEAVELL INVESTMENT MANAGEMENT, INC.	0	A
EAGLE GLOBAL ADVISORS LLC	410	For
HARBOUR INVESTMENT MANAGEMENT LLC	275	For
Mirae Asset Global Investments (USA) LLC	73	For
Blue Fin Capital, Inc.	60	For
VOISARD ASSET MANAGEMENT GROUP, INC.	5	For

29. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-04-23.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	3,850	0	0	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	5	0	0	0	For

30. S/H Proposal - Corporate Governance

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-04-23.

0% fund support · no official result

NOT VOTED 98%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 5 against).

AGAINST: 5 (1.8%)NOT VOTED: 275 (98.2%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	0	0	Not Voted
VOISARD ASSET MANAGEMENT GROUP, INC.	0	5	0	0	Against

31. S/H Proposal - Environmental

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-04-23.

0% fund support · no official result

NOT VOTED 98%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 5 against).

AGAINST: 5 (1.8%)NOT VOTED: 275 (98.2%)

Largest asset managers voting on “S/H Proposal - Environmental” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	0	0	Not Voted
VOISARD ASSET MANAGEMENT GROUP, INC.	0	5	0	0	Against

32. S/H Proposal - Human Rights Related

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-04-23.

0% fund support · no official result

NOT VOTED 98%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 5 against).

AGAINST: 5 (1.8%)NOT VOTED: 275 (98.2%)

Largest asset managers voting on “S/H Proposal - Human Rights Related” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	0	0	Not Voted
VOISARD ASSET MANAGEMENT GROUP, INC.	0	5	0	0	Against

33. COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-23.

66% Majority: yes · of votes cast

FOR 66%AGAINST 34%

FOR: 152,718,642AGAINST: 77,964,224

The 2 asset managers below cast 100% of the shares they voted on this item FOR (788 for, 0 against).

FOR 100%

FOR: 788 (100.0%)

Largest asset managers voting on “COMPENSATION” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Capital Group	770	0	0	0	For
Members Trust Co	18	0	0	0	For

34. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-04-23.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (218 for, 0 against).

FOR: 218 (100.0%)

Largest asset managers voting on “Director Elections” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Ballew Advisors, Inc	200	0	0	0	For
Members Trust Co	18	0	0	0	For

35. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-23.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (15,375 for, 0 against).

FOR: 15,375 (100.0%)

Largest asset managers voting on “Executive Salary” at GOLDMAN SACHS GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Bell & Brown Wealth Advisors, LLC	14,828	0	0	0	For
Northside Capital Management, LLC	547	0	0	0	For

Largest GOLDMAN SACHS GROUP INC. shareholders voting in 2024-2025

Ranked by the number of GOLDMAN SACHS GROUP INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 307,628,584 shares outstanding at the time of that meeting.

Top GOLDMAN SACHS GROUP INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	9.91%
2	Fidelity	3.94%
3	Capital Group	3.81%
4	State Street	3.79%
5	Live Oak Private Wealth LLC	3.26%
6	BlackRock	2.78%
7	GEODE CAPITAL MANAGEMENT, LLC	2.18%
8	Dodge & Cox	1.90%
9	T. Rowe Price	1.89%
10	Fisher Asset Management, LLC	1.79%

Reported GOLDMAN SACHS GROUP INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

GOLDMAN SACHS GROUP INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.48%	13F
BlackRock	7.76%	13F
State Street	6.40%	13F
Morgan Stanley	2.82%	13F
JPMorgan Chase	2.55%	13F
Citadel Advisors	1.21%	13F
T. Rowe Price	1.16%	13F
Northern Trust	1.08%	13F
FMR (Fidelity)	1.05%	13F
THE GOLDMAN SACHS GROUP, INC.	0.82%	13G

Percentages above are of 307,628,584 shares outstanding, as reported by GOLDMAN SACHS GROUP INC. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from GOLDMAN SACHS GROUP INC.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At GOLDMAN SACHS GROUP INC.'s shareholder meeting held 2025-04-23, in the 2024-2025 proxy season, 1,348 asset managers reported how they voted in their SEC Form N-PX filings, covering 24,344 separate fund positions. Their filings are grouped here into 35 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory Vote to Approve Executive Compensation (Say on Pay) — FOR was 66% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: GOLDMAN SACHS GROUP INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

GOLDMAN SACHS GROUP INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.