Great Place to Work® and FORTUNE Name OppenheimerFunds One of the Best Workplaces in New York

The firm's philanthropic initiatives include its 10,000 Kids by 2020 program, which aims to introduce 10,000 students to math literacy programs over the next several years through non-profit partnerships and active employee volunteerism. The firm works closely with organizations including the National Museum of Math, the Boys & Girls Club, MATHSWORLDUK, Common Impact, and Cross-Cultural Solutions, which provides impactful and sustainable service opportunities and employee skills-based volunteer programs in locations around the world.

"We were founded in 1959, and New York has served as our headquarters ever since – we're delighted to be recognized as a best place to work in this vibrant city," said Art Steinmetz, Chairman and CEO of OppenheimerFunds.

To further promote innovation and collaboration across teams, employees are encouraged to get involved in its Business Resource Groups (BRGs), a network of diverse communities that have a key role in the firm's inclusion efforts.

OppenheimerFunds has also been recognized as a top employer by multiple organizations, like:

• Great Place to Work® and Fortune
• 40 Best Companies in Financial Services & Insurance
• 100 Best Workplaces for Millennials
• 50 Best Workplaces for Parents
• 30 Best Workplaces to Retire From
• Pensions & Investments
• Best Places to Work in Money Management,
• Human Rights Campaign (HRC) Corporate Equality Index
• Scored 100%
• Named a 2017 Best Places to Work for LGBT Equality
• Fatherly
• 50 Best Places to Work for New Dads
• Working Mother Magazine
• Best Companies for Multicultural Women.

Visit Great Place to Work to view the complete list.

About the Best Workplaces in New York

Great Place to Work surveyed nearly 137,000 employees from Great Place to Work–Certified organizations with locations in New York state and the New York City metropolitan area. It analyzed how positively employees rated their organizations on more than 50 different metrics, including management transparency, professional development, meaningful work, promotion equity and the generosity of benefit programs. It also analyzed demographic patterns to ensure they were creating great workplaces for all employees, regardless of who they are or what they do for the organization. All surveys were anonymous. Results were normalized for organizations' size and complexity and had at least a 95% confidence level with a 5% margin of error.

About OppenheimerFunds

OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $239 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of June 30, 2017.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm's 15 investment management teams specialize in equity, fixed income, alternative, multi-asset, and revenue-weighted-ETF strategies, including ESG. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs. For more information on the firm, visit oppenheimerfunds.com.

About Great Place to Work

Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual Fortune "100 Best Companies to Work For®" and Great Place to Work Best Workplaces lists for Millennials, Women, Diversity, Small and Medium Companies, industries and, internationally, countries and regions. Through its culture consulting services, Great Place to Work helps clients create great workplaces that outpace peers on key business metrics like revenue growth, profitability, retention and stock performance.

Follow Great Place to Work at www.greatplacetowork.com and on Twitter at @GPTW_US.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.

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SOURCE OppenheimerFunds, Inc.