AWARD WINNING. VALUES DRIVEN. GUIDESTONE FUNDS IS THE NATION S LARGEST CHRISTIAN-SCREENED MUTUAL FUND FAMILY.

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1 AWARD WINNING. VALUES DRIVEN. GUIDESTONE FUNDS IS THE NATION S LARGEST CHRISTIAN-SCREENED MUTUAL FUND FAMILY.

2 AWARD WINNING. VALUES DRIVEN. GuideStone Investments provides a performance-driven, values-based approach to institutional investment management. From investments in the nation s largest Christian-screened mutual fund family to complete, outsourced investment management, we can provide a range of solutions to help you meet your unique investment objectives. PROFESSIONAL TEAM & PROCESS PROVEN RESULTS VALUES-DRIVEN PERSPECTIVE Uniting the experienced investment professionals of GuideStone Capital Management, LLC, and a proven research process with access to industry-recognized institutional management firms. Providing the nation s largest award-winning family of Christianscreened mutual funds and diversified investment opportunities across all asset classes, managed with the goal of mitigating risk and providing excess returns for investors. Delivering a values-based investment approach and institutional client-focused service. FOUNDATIONS OF THE INVESTMENT PROCESS At GuideStone, we take a disciplined and transparent approach to our Capital markets reward long-term investors. investment research. Our philosophy is grounded by four investment Opportunities exist in global markets. principles: The Funds do not invest in any company that is publicly recognized, as determined Strategic allocation by GuideStone seeks Financial to provide Resources, superior, long-term as being in results the liquor, tobacco, gambling, pornography, or abortion industries, or any relative company to whose tactical products, allocation. services or activities are publicly recognized as being incompatible with the moral and ethical posture of GuideStone Active portfolio Financial management Resources. may add economic value when compared to passive alternatives.

3 SOCIAL POLICY STATEMENT The Funds do not invest in any company that is publicly recognized, as determined by GuideStone Financial Resources, as being in the liquor, tobacco, gambling, pornography or abortion industries or any company whose products, services or activities are publicly recognized as being incompatible with the moral and ethical posture of GuideStone Financial Resources. GuideStone is built on a foundation of integrity and excellence. We work to bring together experienced investment professionals and a sophisticated investment research process to drive performance all with a greater purpose. Ron Dugan, President, GuideStone Capital Management, LLC PROFILE Registered investment adviser, GuideStone Capital Management, LLC, was founded in Located in Dallas, Texas, GuideStone Financial Resources employs approximately 500 people. GuideStone Capital Management, LLC $12.1 billion AUM (as of September 30, 2015). Parent, GuideStone Financial Resources, was founded in GuideStone Funds is the nation s largest Christian-screened mutual fund family. Deep bench of 25 investment professionals: Senior management averages 28+ years of experience; all staff averages 17+ years.

4 INVESTMENT RESEARCH APPROACH: MANAGER-OF-MANAGERS The investment research process is designed around three key elements, with the goal of generating excess return for our investors. Capital Markets Portfolio Management Intellectual Capital Proprietary research Secondary research Analytical tools Identify portfolio risk management factors Follow rigorous evaluation, selection and monitoring disciplines Optimize risk/return profile by combining multiple strategies Putting the process in motion Guided by internal investment professionals Leveraging experienced investment managers GuideStone uses a manager-of-managers approach, connecting clients to some of the industry s strongest thought leaders and most recognized investment management talent in both conventional and alternative strategies. QUANTITATIVE AND QUALITATIVE INVESTMENT RESEARCH APPROACH Our investment research approach is informed by: QUALITATIVE Assess firm s competitive advantage Organization and business Investment process Competitive advantage QUANTITATIVE Validate firm s investment process Structure analysis Performance analysis Correlation to other managers

5 ADVANTAGE FOR CLIENTS BOOSTS PERFORMANCE POTENTIAL Proven and experienced investment management firms Managers with complementary styles and approaches drive strategic opportunities Rigorous evaluation, selection and monitoring process HELPS TO MANAGE RISK MORE EFFECTIVELY Lowers firm-specific risks by using multi-manager approach Reduces style drift effect by sub-advisers INCREASES OPERATIONAL EFFICIENCY Reduces impact on investors when changes are needed Lowers investment research burden for organizations

6 EQUITY MANAGER LIST As of September 30, 2015 Fund Firm Hired 1 AUM 2 Fund Firm Hired 1 AUM 2 Defensive Market Strategies $581 Small Cap Equity $488 American Century Investment Management, Inc $185 AJO, LP 1998 $156 AQR Capital Management, LLC 2011 $130 Columbus Circle Investors 2009 $47 Shenkman Capital Management, Inc $126 RBC Global Asset Management (U.S.), Inc $105 Parametric Portfolio Associates LLC 2014 $131 Snow Capital Management L.P $47 Equity Index $558 TimesSquare Capital Management, LLC 2002 $125 Northern Trust Investments, Inc $551 International Equity $1,204 Value Equity $1,179 AQR Capital Management, LLC 2008 $250 AJO, LP 2006 $348 Baillie Gifford Overseas Limited 2011 $224 Barrow, Hanley, Mewhinney & Strauss, LLC 1989 $347 Barrow, Hanley, Mewhinney & Strauss, LLC 2012 $211 Northern Trust Investments, Inc $198 MFS Institutional Advisors, Inc $205 TCW Investment Management Company 2006 $265 Mondrian Investment Partners Ltd $294 Growth Equity $1,292 International Equity Index $96 Brown Advisory, LLC 2013 $257 Northern Trust Investments, Inc $92 Jackson Square Partners, LLC 2015 $252 Emerging Markets Equity $274 Marsico Capital Management, LLC 2003 $190 AQR Capital Management, LLC 2008 $111 Loomis, Sayles & Company, L.P $258 Genesis Asset Managers, LLP* 1995 $155 Sands Capital Management, LLC 2003 $317 Custodian for GuideStone Funds The Northern Trust Company 2001 $12.1B Fund Type Key Equity Fixed Income Real Assets * Includes other affiliated sub-advisory relationships. 1 Year the firm was hired as a manager of the fund. 2 Assets in millions unless otherwise noted. performance values THAT S WHAT MAKES GUIDESTONE STAND OUT We believe you should be able to invest in award-winning mutual funds and stay true to your values. GuideStone investment accounts can help you manage the present and plan for the future. Consistently strong rankings.

7 FIXED INCOME AND REAL ASSET MANAGER LIST As of September 30, 2015 Fund Firm Hired 1 AUM 2 Fund Firm Hired 1 AUM 2 Money Market $722 Real Assets (Fund of Funds) $36 BlackRock Advisors, LLC 2001 $722 Credit Suisse Commodities Fund * 2013 $6 Low-Duration Bond $850 Flexible Income Fund 2013 $6 BlackRock Financial Management, Inc $268 Global Natural Resources Equity Fund 2013 $6 Payden & Rygel 2001 $268 Inflation Protected Bond Fund 2013 $12 PIMCO (Pacific Investment Management Company, LLC) 2000 $300 Real Estate Securities Fund 2013 $5 Medium-Duration Bond $892 Flexible Income $144 Goldman Sachs Asset Management, L. P $209 Shenkman Capital Management, Inc $138 PIMCO (Pacific Investment Management Company, LLC) 2000 $331 Global Natural Resources Equity $213 Western Asset Management Company* 1986 $345 SailingStone Capital Partners LLC 2013 $150 Extended-Duration Bond $267 Van Eck Associates Corporation 2013 $51 Loomis, Sayles & Company, L. P $78 Inflation Protected Bond $301 Schroders Investment Management North America Inc $184 BlackRock Financial Management, Inc $301 Global Bond $394 Real Estate Securities $250 Loomis, Sayles & Company, L. P $195 Heitman Real Estate Securities, LLC* 2013 $80 Western Asset Management Company* 2006 $196 RREEF America L.L.C.* 2000 $165 Fund Type Key Equity Fixed Income Real Assets * Includes other affiliated sub-advisory relationships. Not available for direct investment, advised by an unaffiliated adviser. 1 Year the firm was hired as a manager of the fund. 2 Assets in millions unless otherwise noted Best Overall Small Fund Group (U.S.) 2013 Mixed-Asset Target 2025 Funds Award (three year) 2014 Corporate Debt A-Rated Funds Awards (three and five year) 2015 Corporate Debt A-Rated Funds Awards (three and five year)

8 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 GuideStoneFunds.com. It should be read carefully before investing. Past performance does not guarantee future results. GuideStone Funds won the Lipper Fund Awards for 2012 Best Overall Small Company Award (1 of 182 eligible as of November 30, 2011), 2013 Mixed-Asset Target 2025 Fund Award-3 year (1 out of 92 funds as of November 30, 2012), 2014 Corporate Debt A-Rated Fund Award-3 year (1 out of 57 funds as of November 30, 2013), 2014 Corporate Debt A-Rated Fund Award-5 year (1 out of 51 funds as of November 30, 2013), 2015 Corporate Debt A-Rated Fund Award-3 year (1 out of 44 funds as of November 30, 2014) and 2015 Corporate Debt A-Rated Fund Award-5 year (1 out of 41 funds as of November 30, 2014). Awards are based on risk-adjusted total return. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk- Adjusted Return measure that accounts for variation in a fund s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) As of September 30, 2015, GuideStone Funds has $9.8 billion in assets, which makes GuideStone Funds the nation s largest Christian-screened mutual fund family. No other fund family with a Christian screen exceeds GuideStone Funds in asset size. GuideStone Institutional investment accounts through GuideStone Funds made available by GuideStone Financial Services, member FINRA GS-FUNDS ( ) 2015 GuideStone Financial Resources /

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