HIDDEN DESCRIPTION SLIDE — NOT TO BE SHOWN TO THE PUBLIC Multi-diversification-Investment Philosophy and Manager Selection Catalogue code: A06 Full presentation.

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HIDDEN DESCRIPTION SLIDE — NOT TO BE SHOWN TO THE PUBLIC Multi-diversification-Investment Philosophy and Manager Selection Catalogue code: A06 Full presentation or module? Module Slide numbers: A06-1 to A06-8 Registered/Non-Registered Usage: All (Choices: registered rep use only, not for registered rep use, allowed for all, partial limitations) Last update info: Date updated: Project #25392 Description of changes: Combined together A06 and A07, update template background. Filed with FINRA? Yes If yes, date: 3/1/11 Notes:

GuideStone Funds Investment Philosophy Multidiversification  Multi-asset  Multi-style  Multi-manager A06-1

Multidiversification A06-2 Bonds Large Cap Int’l Small Cap Multi-asset

Multidiversification A06-3 Index Growth Value Multi-style Bonds Large Cap Int’l Small Cap Multi-asset

Mgr. 1 Mgr. 2 Mgr. 3 Multi-manager Index Growth Value Multi-style Bonds Large Cap Int’l Small Cap Multi-asset Multidiversification A06-4

GuideStone Funds Investment Philosophy Multidiversification  Greater diversification  Complimentary investment philosophies AO6-5

Manager Selection Process Multidiversification Investment Manager Universe Manager selection Identify managers with needed investment strategies and portfolio characteristics Comprehensive due diligence is conducted on firms of interest Through proprietary and secondary research, develop a short list of candidates Final assessment of information Identify fund’s need Develop in-depth understanding of investment strategy and process Onsite visits by both parties for analysis Continual monitoring and evaluation of investment managers and fund structure AO6-6

Multidiversification Diversification does not guarantee a profit or insure an investor against a loss of investment principal. Small stocks are generally riskier than large company stocks due to greater volatility and less liquidity. Foreign securities may involve additional risks, social and political instability, reduced market liquidity and currency volatility. A06-7

You should carefully consider the investment objectives, risks, charges and expenses of the GuideStone Funds before investing. A prospectus with this and other information about the Funds may be obtained by calling GS-FUNDS ( ) or downloading one at It should be read carefully before investing. GuideStone Funds are made available through GuideStone Financial Services, member FINRA. Shares of GuideStone Funds are distributed by Foreside Funds Distributors LLC, not an advisor affiliate. GuideStone Funds and GuideStone Financial Services are controlled-affiliates of GuideStone Financial Resources. A06-8 Multidiversification