1

Philadelphia, Pennsylvania

President

Present

2

Cambridge, Massachusetts

Chair, Nominating Committee

Present

3

New York, New York

Jury Member

4/2021

4

Los Angeles, California

Board Member

Present

5

Malvern, Pennsylvania

Board Member

Present

6

Washington, District of Columbia

Member

2/2019

7

Washington, District of Columbia

Member

Present

8

Philadelphia, Pennsylvania

Trustee

Present

9

Philadelphia, Pennsylvania

Trustee

Present

10

Philadelphia, Pennsylvania

Trustee

Present

1

University of Pennsylvania

Salary/Bonus/Ot her income for 2020 and Salary/Bonus/Ot her income for 2021

$2,978,551

2

University of Pennsylvania, anticipated bonus

$500,001 - $1,000,000

None (or less than $201)

3

The Vanguard Group

Director Fees

$370,000

3.1

The Vanguard Group, anticipated director's fees

$100,001 - $250,000

None (or less than $201)

4

"Democratic Education," Princeton University Press (value not readily ascertainable)

Rent or Royalties

$201 - $1,000

5

Penn 403(b) Retirement Plans

5.1

Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX)

$1,000,001 - $5,000,000

None (or less than $201)

6

"Why Deliberative Democracy?" Princeton University Press (value not readily ascertainable)

Rent or Royalties

$201 - $1,000

7

Roth IRA

7.1

Vanguard Capital Opportunity Fund Admiral Shares (VHCAX)

$50,001 - $100,000

None (or less than $201)

1

Philadelphia, Pennsylvania

Pursuant to my employment agreement, I will receive a performance-based bonus. Pursuant to University policy, if I leave prior to the end of the fiscal year on 6/30/21, the University will prorate the bonus.

7/2004

2

Philadelphia, Pennsylvania

Vested Sabbatical after end of Penn presidency and after unpaid public service leave of absence

7/2004

3

Philadelphia, Pennsylvania

Unpaid public service leave of absence as a tenured faculty member post presidency

7/2004

4

Philadelphia, Pennsylvania

I will continue to participate in these plans but the plan sponsor (Penn) will not make further contributions during my leave of absence.

7/2004

5

Philadelphia, Pennsylvania

I will continue to participate in this plan but the plan sponsor (Penn) will not make contributions during my leave of absence. 457(b)

7/2004

6

Philadelphia, Pennsylvania

I will continue to have access to the healthcare and dental facilities at the University as my health insurance permits during my leave of absence.

7/2004

7

Philadelphia, Pennsylvania

Vested Deferred Compensation Plan #1: Special President’s Supplement Retirement Plan. This plan was the original after-tax plan (first contract, making up shortfall from previous retirement benefits). Yield based on university endowment return. Fully vested. Distributed upon separation from service as tenured faculty member.

7/2004

8

Philadelphia, Pennsylvania

Vested Deferred Compensation Plan #2: 2006 Special President’s Supplemental Retirement Plan. This plan has two component accounts: Account 1 consists of Supplemental Retirement Contributions, which was 20% of base salary and later increased to 30% of base salary (less any amounts received in Plan #1); and Account 2 consists of the non-elective deferral of incentive awards (solely on the basis of the Compensation Committee's determination). Contributions to Account 2 ended after June 2011. Yield based on the university endowment returns. Fully vested. Taxes due on the full value of both accounts will be paid in 2021 (before the end of June). Distributed upon separation from service as tenured faculty member.

1/2006

9

Philadelphia, Pennsylvania

Vested Deferred Compensation Plan #3: 2016 President’s Supplemental Retirement Plan, which increased total supplemental retirement contribution to 50% (less any amounts received in Plans #1 and #2, Account 1) as part of 2016 contract extension. Yield based on the university endowment returns. Fully vested. Distribution will occur in 2021 (before the end of June) with all taxes withheld and paid by employer at the time of distribution.

1/2016

10

Philadelphia, Pennsylvania, Pennsylvania

I will continue to participate in the Medical, Dental, and Vision insurance plans through the University of Pennsylvania during my leave of absence. I will pay the full premiums (both employee share and University share) for each.

7/2004

1

Philadelphia, Pennsylvania

University President and Faculty Member

2

Malvern, Pennsylvania

Service on Board of Directors

1

Columbia University

Salary

2

The Author's Registry (royalties for reproductions of various papers and books)

Rent or Royalties

$201 - $1,000

3

Columbia 403(b) Retirement Plan

3.1

Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX)

$500,001 - $1,000,000

None (or less than $201)

3.2

Vanguard Institutional Target Retirement 2015 Fund Institutional Class Shares (VITVX)

$250,001 - $500,000

None (or less than $201)

3.3

Vanguard Intermediate-Term Bond Index Fund Institutional Shares (VBIMX)

$250,001 - $500,000

None (or less than $201)

4

Roth IRA

4.1

Vanguard Capital Opportunity Fund Admiral Shares (VHCAX)

$50,001 - $100,000

None (or less than $201)

4.2

Vanguard PrimeCap Core Fund Investor Shares (VPCCX)

$50,001 - $100,000

None (or less than $201)

4.3

Vanguard PRIMECAP Fund Admiral Shares (VPMAX)

$50,001 - $100,000

None (or less than $201)

1

Revocable Trust #1

1.1

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX)

$500,001 - $1,000,000

$15,001 - $50,000

1.2

Vanguard Limited-Term Tax-Exempt Fund Admiral Shares (VMLUX)

$250,001 - $500,000

$5,001 - $15,000

1.3

Vanguard Pennsylvania Long-Term Tax- Exempt Fund Admiral Shares (VPALX)

$500,001 - $1,000,000

$15,001 - $50,000

1.4

Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX)

$100,001 - $250,000

$50,001 - $100,000

1.5

Vanguard Total International Stock Index Fund ETF Shares (VXUS)

$1,000,001 - $5,000,000

$15,001 - $50,000

1.6

Vanguard Value Index Fund ETF Shares (VTV)

$250,001 - $500,000

$5,001 - $15,000

2

Revocable Trust #2

2.1

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX)

$500,001 - $1,000,000

$15,001 - $50,000

2.2

Vanguard Limited-Term Tax-Exempt Fund Admiral Shares (VMLUX)

$100,001 - $250,000

$5,001 - $15,000

1

University of Pennsylvania

$1,000,001 - $5,000,000

2020

Nine years or upon termination of Penn tenured professorship

2

5

Filer has 4 separate plans through the University of Pennsylvania, all of which are invested solely in VBTIX

2

5.1

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VBTIX/portfolio-holdings

2

7.1

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VHCAX/portfolio-holdings

2

7.2

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VPCCX/portfolio-holdings

2

7.3

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VPMAX/portfolio-holdings

2

7.4

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VTIAX/portfolio-holdings

2

7.5

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VTSAX/portfolio-holdings

2

12

The Authors Registry is a not-for-profit clearinghouse for payments to authors, receiving royalties from organizations and distributing them to U.S. authors.

2

13.1

The portfolio holdings are listed in: https://investor.vanguard.com/mutual- funds/profile/portfolio/VBTIX/portfolio-holdings

5

2

The Authors Registry is a not-for-profit clearinghouse for payments to authors, receiving royalties from organizations and distributing them to U.S. authors.