The UK Gender Pay Gap 2019

Shearman & Sterling LLP

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Shearman & Sterling is committed to strengthening its culture of inclusion to foster and develop diverse talent in alignment with the firm's values. Driving greater inclusion and diversity at the firm is essential to delivering the collaborative teams, multifaceted perspectives and the quality of work that our people and clients expect. This report summarizes our London office gender pay gap results for employees and outlines our key initiatives to close the gap. We are committed to implementing the initiatives outlined in this report, monitoring our progress and adapting our approach accordingly. In addition to our internal inititatives, we are collaborating with our clients and other firms to formulate best practices that will enhance diversity and inclusion across the legal industry. UK GENDER PAY GAP REPORT "WE PASSIONATELY BELIEVE IN DIVERSITY OF PERSPECTIVES, BACKGROUNDS AND EXPERIENCES. WE WELCOME THE GENDER PAY GAP REPORTING AS A MEANS TO MONITOR OUR PROGRESS IN WORKING TOWARDS GENDER PARITY." MATTHEW READINGS London Managing Partner 2 THE UK GENDER PAY GAP DECLARATION We confirm the data reported is accurate. MATTHEW READINGS London Managing Partner LOIS GORDON HR Director, Europe & Middle East

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