COMMUNICATIONS 2023 May 18, 2023 – Investor Day Slide Presentation Download as PDF Q1 2023 – Portfolio Review Go to page Q1 2023 - Sequoia Strategy Letter Download as PDF 2022 Q4 2022 – Sequoia Strategy Letter Download as PDF Q4 2022 – Portfolio Review Go to page Q3 2022 - Portfolio Review Go to page Q3 2022 – Sequoia Strategy Letter Download as PDF Q2 2022 – Sequoia Strategy Letter Download as PDF Q2 2022 - Portfolio Review Go to page May 20, 2022 – Investor Day Transcript Download as PDF May 20, 2022 – Investor Day Slide Presentation Download as PDF Q1 2022 - Portfolio Review Go to page Q1 2022 - Investor Letter Download as PDF 2021 Q4 2021 - Investor Letter Download as PDF Q4 2021 – Portfolio Review Go to page Nov 30, 2021 – Value Investor Insight: Standing Tall Download as PDF November 4, 2021 – Investor Day Transcript Download as PDF November 4, 2021 – Investor Day Slide Presentation Download as PDF Oct 27, 2021 – Colossus: Business Breakdowns Podcast on Universal Music Group Go to page Q3 2021 - Portfolio Review Go to page Q3 2021 - Investor Letter Download as PDF Sept 17, 2021 – Value Investing with Legends podcast: The Art of Fund Management Go to page Q2 2021 - Portfolio Review Go to page Q2 2021 - Investor Letter Download as PDF June 22, 2021 - Colossus: Business Breakdowns Podcast on Formula 1 Go to page June 14, 2021 - Colossus: Invest Like the Best Podcast Go to page Q1 2021 - Investor Letter Download as PDF 2020 Q4 2020 - Investor Letter Download as PDF Q3 2020 - Investor Letter Download as PDF July 15, 2020 – Investor Day Transcript Download as PDF July 15, 2020 – Investor Day Slide Presentation Download as PDF Q2 2020 - Investor Letter Download as PDF March 25, 2020 - Morningstar: The Long View Podcast Go to page Q1 2020 - Investor Letter Download as PDF 2019 Q4 2019 - Investor Letter Download as PDF Q3 2019 - Investor Letter Download as PDF Q2 2019 - Investor Letter Download as PDF May 17, 2019 – Investor Day Transcript Download as PDF May 17, 2019 – Investor Day Slide Presentation Download as PDF Q1 2019 - Investor Letter Download as PDF 2018 Q4 2018 - Investor Letter Download as PDF Q3 2018 - Investor Letter Download as PDF Q2 2018 – Investor Letter Download as PDF May 18, 2018 – Investor Day Transcript Download as PDF May 18, 2018 - Investor Day Slide Presentation Download as PDF Q1 2018 - Investor Letter Download as PDF 2017 Q4 2017 - Investor Letter Download as PDF Q3 2017 - Investor Letter Download as PDF Q2 2017 - Investor Letter Download as PDF May 19th, 2017 - Investor Day Transcript Download as PDF Q1 2017 - Investor Letter Download as PDF 2016 Q4 2016 - Investor Letter Download as PDF Q3 2016 - Investor Letter Download as PDF Q2 2016 - Investor Letter Download as PDF May 20th, 2016 - Investor Day Transcript Download as PDF FOR MORE COMMUNICATIONS FROM SEQUOIA FUND For all communications pertinent to shareholders in Sequoia Fund (managed by Ruane, Cunniff & Goldfarb) please visit the fund’s website. Visit Sequoiafund.com Communications