2018 Guide to Effective Proxies

6 TH EDITION | GUIDE TO EFFECTIVE PROXIES 178 GENERAL MOTORS GOLDMAN SACHS GROUP, INC. GOODYEAR TIRE & RUBBER COMPANY INTEL CORPORATION CORPORATEGOVERNANCE AUDIT CYBERSECURITY NEW ThomasM.Schoewe, Chair Members: ThomasM.Schoewe (Chair),LindaR.Gooden,JaneL. Mendillo,andMichaelG.Mullen Meetingsheldin2017:7 LindaR.Gooden, Chair Members: LindaR.Gooden(Chair), MichaelG.Mullen,andThomasM. Schoewe Meetingsheldin2017:2 KeyResponsibilities Overseesthequalityandintegrityofourfinancialstatements, relateddisclosures,andinternalcontrols; Reviews and discusses with management and the independent auditors the Company’s earnings releases and quarterlyandannualreportsonForms10-Qand10-Kpriorto filingwiththeSEC; Reviews the Company’s critical accounting policies, financial reporting and accounting standards and principles, and key accountingdecisionsandjudgmentsaffectingtheCompany’s financialstatements; Reviews the scope and effectiveness of the Company’s complianceandethicsprograms; Overseestheretention,qualifications,andperformanceofthe independentauditor; Preapproves all audit and permitted non-audit services providedbytheindependentauditor; RegularlymeetsinprivatesessionswiththeGeneralCounsel, Chief Compliance Officer, General Auditor and independent auditor; Reviews the scope, effectiveness, and independence of the Company’sinternalauditfunction;and Oversees the Company’s compliance with legal, ethical, and regulatoryrequirements. The Board has determined that all members of the Audit Committee meet heightened independence and qualification criteria and are financially literate in accordance with the NYSE listing standards and that Ms. Gooden, Ms. Mendillo, and Mr. Schoewe are each qualified as an “audit committee financial expert”asdefinedbytheSEC. Conducted competitive request forproposalprocess to select theCompany’snew independentauditor,Ernst&Young LLP Examined the impactof theenactmentofU.S. tax reform legislation Prepared foradoptionofnew revenue recognition standard Reviewed internal controlsover financial reporting to maintainworld-class controlenvironment RECENTACTIVITIESANDKEYFOCUSAREAS ForadditionalinformationabouttheAuditCommitteeandits2017 activities, see its report included in this Proxy Statement beginning onpage70. KeyResponsibilities Oversees the effectiveness of the Company’s cybersecurity programs and its practices for identifying, assessing, and mitigatingcybersecurityrisks; Reviews the Company’s controls to prevent, detect, and respond to cyberattacks and breaches involving GM’s electronic information, intellectual property, sensitive data, connectedproducts,andtheconnectedecosystem; Oversees management’s implementation of cybersecurity programsandriskpoliciesandproceduresandmanagement’s actionstosafeguardtheireffectiveness;and Evaluates the Company’s cyber crisis preparedness, incident responseplans,anddisasterrecoverycapabilities. EvaluatedGM’skey cybersecurity risksandenterpriseand product cybersecurityprograms Approved ransomwarepolicyand countermeasures Oversawmanagement’soptimizationofGM’s cybersecurity function RECENTACTIVITIESANDKEYFOCUSAREAS 24 G E N E R A L M O T O R S 2018 PROXYSTATEMENT RecentActivitiesandKeyFocusAreasConductedcompetitiverequestforproposalprocesstoselecttheCompany’snewindependentauditor,Ernst&YoungLLPExaminedtheimpactoftheenactmentofU.S.taxreformlegislationPreparedforadoptionofnewrevenuerecognitionstandardReviewedinternalcontrolsoverfinancialreportingtomaintainworld-classcontrolenvironmentRecentActivitiesandKeyFocusAreasEvaluatedGM’skeycybersecurityrisksandenterpriseandproductcybersecurityprogramsApprovedransomwarepolicyandcountermeasuresOversawmanagement’soptimizationofGM’scybersecurityfunction Total of 03 pages in section ExecutiveSummary |CorporateGovernanceHighlights DIRECTOR NOMINEES COMMITTEEMEMBERSHIP (C:Chair) OTHER CURRENTU.S.- LISTEDPUBLIC BOARDS* NAME/AGE/INDEPENDENCE DIRECTOR SINCE OCCUPATION/CAREER HIGHLIGHTS GOV COMP AUD PRC RISK LloydBlankfein, 63 ChairmanandCEO April 2003 Chairman&CEO, TheGoldmanSachsGroup,Inc. 0 AdebayoOgunlesi, 64 IndependentLead Director October 2012 Chairman&ManagingPartner, GlobalInfrastructurePartners C Ex-Officio 2 MicheleBurns, 60 Independent October 2011 Retired (Chairman&CEO,MercerLLC;CFOofeach of:Marsh&McLennanCompanies,Inc., MirantCorp.andDeltaAirLines,Inc.) a a C** 4*** MarkFlaherty, 58 Independent December 2014 Retired (ViceChairman,WellingtonManagement Company) a a a 0 WilliamGeorge, 75 Independent December 2002 SeniorFellow,HarvardBusinessSchool (Retired,Chairman&CEO,Medtronic,Inc.) a a C 0 JamesJohnson, 74 Independent May 1999 Chairman, JohnsonCapitalPartners a C** a 0 EllenKullman, 62 Independent December 2016 Retired (Chairman&CEO,E.I.duPontdeNemours andCompany) a a a 3 LakshmiMittal, 67 Independent June 2008 Chairman&CEO, ArcelorMittalS.A. a a a 1 PeterOppenheimer, 55 Independent March 2014 Retired (SeniorVicePresidentandCFO,Apple,Inc.) a C a 0 DavidViniar, 62 Non-Employee January 2013 Retired (CFO,TheGoldmanSachsGroup,Inc.) a 1 MarkWinkelman, 71 Independent December 2014 Privateinvestor a a a ** 0 * AsperSECrules. ** EffectiveMay2,2018,Ms.BurnswillbecometheChairofourCompensationCommitteeandMr.WinkelmanwillbecometheChairofour RiskCommittee. ***Ms.Burnsisretiringfromoneofherotherboardsatitsupcoming2018annualmeeting,afterwhichshewillserveonthreeotherU.S.- listedpubliccompanyboards. ProxyStatementforthe2018AnnualMeetingofShareholders | GoldmanSachs 11 2018PROXYSTATEMENTHIGHLIGHTS Thissummaryhighlightsinformationcontainedelsewhereinourproxystatementanddoesnotcontainalltheinformation thatyoushouldconsider.Weencourageyoutoreadtheentireproxystatementcarefullybeforevoting. CURRENTDIRECTORSANDBOARDNOMINEES COMMITTEEMEMBERSHIPS Name Occupation Independent AC CC GNC EC FC CharleneBarshefsky 1 Age:67,DirectorSince:2004 SeniorInternationalPartner, WilmerCutlerPickering HaleandDorrLLP Chair AneelBhusri LeadDirector Age:52,DirectorSince:2014 Co-FounderandCEO, Workday,Inc. Š Co-Chair Chair AndyD.Bryant Age:67,DirectorSince:2011 ChairmanoftheBoard ofDirectors,IntelCorporation Š ReedE.Hundt Age:70,DirectorSince:2001 Principal, REHAdvisors,LLC Š Š Š OmarIshrak 2 Age:62,DirectorSince:2017 ChairmanandCEO, Medtronicplc Š Š BrianM.Krzanich Age:57,DirectorSince:2013 CEO, IntelCorporation Š RisaLavizzo-Mourey 2 Age:63,DirectorSince:2018 Professor, UniversityofPennsylvania Š Tsu-JaeKingLiu Age:54,DirectorSince:2016 Professor,Universityof California,Berkeley Š Š Š DavidS.Pottruck 1 Age:69,DirectorSince:1998 ChairmanandCEO, RedEagleVentures,Inc. Š Chair Š GregoryD.Smith 2 Age:51,DirectorSince:2017 CFO,EVP,Enterprise Performance&Strategy, TheBoeingCompany Š Chair Š AndrewWilson Age:43,DirectorSince:2017 CEO, ElectronicArts,Inc. Š FrankD.Yeary Age:54,DirectorSince:2009 ExecutiveChairman, CamberViewPartners,LLC Š Š Co-Chair DavidB.Yoffie 1 Age:63,DirectorSince:1989 Professor,Harvard BusinessSchool Š Š Š 1 CharleneBarshefsky,DavidPottruck,andDavidYoffieareretiringfromtheBoardofDirectors,witheachoftheirtermsexpiringatthe 2018AnnualStockholders’Meeting.AmbassadorBarshefskywasindependentuntilDecember31,2017. 2 Itisexpectedthatattheconclusionofthe2018AnnualStockholders’Meeting,OmarIshrakwillbecomechairoftheCompensation Committee,RisaLavizzo-MoureywilljointheCorporateGovernanceandNominatingCommittee,andGregorySmithwillbecomechairof theFinanceCommittee. AC AuditCommittee CC CompensationCommittee GNC CorporateGovernance &NominatingCommittee EC ExecutiveCommittee FC FinanceCommittee 2018PROXYSTATEMENT ProxyStatementHighlights 7 PMT Insert CORPORATE GOVERNANCE PRINCIPLES AND BOARD MATTERS Goodyeariscommittedtohavingsoundcorporategovernanceprinciples.HavingsuchprinciplesisessentialtorunningGoodyear’s businessefficientlyandtomaintainingGoodyear’sintegrityinthemarketplace.Goodyear’sCorporateGovernanceGuidelines,Business ConductManual,BoardofDirectorsandExecutiveOfficersConflictofInterestPolicyandchartersforeachoftheAudit,Compensation, CorporateResponsibilityandCompliance,Finance,andGovernanceCommitteesareavailableathttps://corporate.goodyear.com/en-US/ investors/governance/documents-charters.html.Pleasenote,however,thatinformationcontainedonthewebsiteisnotincorporatedby referenceinthisProxyStatementorconsideredtobeapartofthisdocument.Acopyofthecommitteechartersandcorporate governancepoliciesmayalsobeobtaineduponrequesttotheGoodyearInvestorRelationsDepartment. CURRENTCOMMITTEEMEMBERSHIPANDMEETINGSHELDDURING2017 Committees Independent Audit Compensation Corporate Responsibility &Compliance Finance Governance Executive Mr.Conaty MEMBER MEMBER Mr.Firestone MEMBER CHAIR MEMBER Mr.Geissler MEMBER CHAIR MEMBER Mr.Hellman CHAIR MEMBER MEMBER Ms.Koellner MEMBER MEMBER Mr.Kramer MEMBER Mr.McCollough LeadDirector MEMBER MEMBER CHAIR Mr.McGlade CHAIR MEMBER MEMBER Mr.Morell MEMBER MEMBER Mr.Palmore MEMBER CHAIR MEMBER Ms.Streeter MEMBER MEMBER Mr.Weidemeyer MEMBER MEMBER Mr.Wessel MEMBER NumberofMeetingsin2017 6 5 3 3 4 0 1