Fidelis Investors LP This presentation is for your review only. Goldman Saelts April 2015 This Fund has not been launched yet and may be subject to changes. This material is delivered solely as reference material with respect to the Limited Partnership Interests in Fidelis Investors LP or Fidelis Investors Offshore LP (each, a "Fund") an investment product that Goldman Sachs may offer in the future. The material provided herein is for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities relating to the Fund, notwithstanding that any such securities may be currently being offered to others. Any such offering will be made only in accordance with the terms and conditions set forth in the offering memorandum pertaining to such Fund (such Funds "Offering Memoranduml Prior to investing, investors are strongly urged to review carefully the Offering Memorandum for the relevant Fund (including the risk considerations described therein), the subscription agreement and all related Fund documents, to ask such additional questions of the investment manager as they deem appropriate, and to discuss any prospective investment in the Fund with their legal and tax advisers. Prospective investors should not rely upon any information regarding Fidelis or an investment in the Fund other than the information contained in the Private Placement Memorandum, the Partnership Agreement and the subscription agreements collectively (the "Subscription Agreements"). The Fund is intended for long-term investors who can accept the risks associated with investing in illiquid securities. Prospective investors should be aware that the possibility of partial or total loss of Fund capital exists. Prospective investors should not subscribe unless they can readily bear the consequences of such a loss. The performance of the Fund is completely dependent on the performance of the Funds investment in Fidelis Insurance Holdings