All or nothing on Managed Folders?

I have a 2 year retention policy set up to run on all Managed Folders but I'd like to keep this from running on the Contacts folder only. Is there a way to easily exclude this folder or do I have to apply the retention on each folder individually? I've attached what it's currently set to look like. We are currently working towards moving away from .pst's so I am increasing all mailbox sizes and applying retention. I won't be applying this retention until the end of the year.
Managed-Folders.docx
mylogoAsked:
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Glen KnightConnect With a Mentor Commented:
you will need to set them up individually.
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mylogoAuthor Commented:
That's what I thought. Thank you for confirming.
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mylogoAuthor Commented:
No additional information offered or response not elaborated on.
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Glen KnightCommented:
You didn't ask for any elaboration!!!
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