CONTRARIAN VALUE INVESTORS SINCE 1978 Sound Shore Management, Inc. registered as an investment adviser with the SEC in 1978. As of December 31, 2020, approximately 49% of the firm's $3.8 billion of assets* are separate discretionary institutional equity accounts. Included among our institutional clients are the pension plans of Fortune 500 companies, foundations and endowment funds. In addition, we manage a "no-load" mutual fund, the Sound Shore Fund, for individual investors and smaller institutions. The firm's employees, as well as our profit-sharing plan, are invested in the Sound Shore Fund. We offer the benefits of a firm that is managed by its owners who utilize a consistent and disciplined value-oriented investment strategy. EXPERIENCE, DEPTH, FULL-CYCLE TESTED The four members of Sound Shore's Investment Committee, all of whom are firm partners, have been directly managing Sound Shore's strategy for 41, 41, 23 and 15 years, respectively. Our investment team also includes three veteran analysts each with more than a decade of equity investing experience. From this seasoned investment research group, we typically assign a research team of two to each stock, a structure that provides balanced, accountable, and efficient decision making. Sound Shore's distinct investment process allows us to identify stock-specific opportunities that are overlooked by other investors. Sound Shore's investment team and performance are full cycle tested. We have been managing institutional separate accounts since our 1978 founding, and have invested through the full range of market conditions. Our results confirm the merits of consistently sticking to a contrarian investment process over complete market cycles. Terms of Use and Commenting Policy: Comments on our social media platforms are moderated and reviewed, and, at our sole discretion, we reserve the right to delete comments. * Includes non-discretionary assets of $0.3 billion