D. E. Shaw & Co., L.P.

• A percentage of assets under your management
• Performance-based fees
• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated August 14, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$213,364,737,381 as of October 2026, filing dated August 14, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Portfolio management for pooled investment vehicles (other than investment companies)

Also doing business as

D. E. SHAW & CO. (ASIA PACIFIC) LIMITED (RELYING ADVISER), D. E. SHAW & CO. (LONDON), LLP (RELYING ADVISER), D. E. SHAW (SINGAPORE) PTE. LTD. (RELYING ADVISER), D. E. SHAW ADVISER II, L.L.C. (RELYING ADVISER), D. E. SHAW ADVISER III, L.L.C. (RELYING ADVISER), D. E. SHAW ADVISER, L.L.C. (RELYING ADVISER), D. E. SHAW ALKALI ADVISER VI, L.L.C. (RELYING ADVISER), D. E. SHAW COMPOSITE ADVISER, L.L.C. (RELYING ADVISER), D. E. SHAW DIOPTER ADVISER II, L.L.C. (RELYING ADVISER), D. E. SHAW DIOPTER ADVISER, L.L.C. (RELYING ADVISER), D. E. SHAW DIRECT CAPITAL, L.L.C. (RELYING ADVISER), D. E. SHAW ESC ADVISER, L.L.C. (RELYING ADVISER), D. E. SHAW HELIANT ADVISER, L.L.C. (RELYING ADVISER), D. E. SHAW MULTI-ASSET ADVISER, L.L.C. (RELYING ADVISER), D. E. SHAW VOLTAIC ADVISER II, L.L.C. (RELYING ADVISER)

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

1999 (27 years)

Employees

Total: 998. Performing investment advisory functions: 526.

Wrap fee program participation

No.

Other offices (Schedule D, Section 1.F)

4 other offices, as of the September 2026 filing

Overland Park, KSRye, NYSan Francisco, CAWellesley, MA

States registered or notice-filed

5 states or jurisdictions

CACOKSMANY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

3 Reports 3 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

• 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
• 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
• 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $111,937,066,053 in the October 2021 data and $213,364,737,381 in the October 2026 data, up 91%.

Total employees: 699 in October 2021 and 998 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. September 2026
   • Added the business name D. E. Shaw Voltaic Adviser II, L.L.C. (Relying Adviser).
2. August 2026
   • Registered or notice-filed in CA, CO, KS, MA.
3. April 2026
   • Employees performing advisory functions went from 476 to 526.
   • Regulatory assets under management went from $154,586,941,935 to $213,364,737,381 (+38%).
   • No longer lists an office in Las Vegas, NV.
   • No longer lists an office in Menlo Park, CA.
4. January 2026
   • Item 11 disclosure answers changed: 3 yes answers, previously 5 (now no: 11.D(2), 11.D(4)).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.