GOLDMAN SACHS GROUP INC SEC Filings

The pricing supplement describes GS Finance Corp. medium‑term structured notes linked to the Goldman Sachs Momentum Builder® Focus ER Index. Each note has $1,000 face amount, a 300% upside participation rate and an automatic call feature that pays $1,260 per $1,000 if the index on the call observation date is at or above the initial index level.

If not called, at maturity the cash settlement per $1,000 will be $1,000 + $1,000 × 300% × index return if the final index level is above the initial index level; otherwise holders receive $1,000. The notes do not pay interest and are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.

GS Finance Corp. offers autocallable S&P 500® Index-linked notes due 2028, guaranteed by The Goldman Sachs Group, Inc. The notes pay no interest and are automatically called on the call payment date if the underlier closing level is >= the initial level, in which case holders receive $1,100 per $1,000 face amount.

If not called, maturity cash payment depends on S&P 500 performance: upside participation is at least 283.3%; a 15% downside buffer applies (buffer level = 85% of initial), with a buffer rate of approximately 117.65%. Investors may lose their entire investment if performance is sufficiently negative. Original issue price is 100% of face amount; underwriting discount up to 1.5%.

GS Finance Corp. (guaranteed by The Goldman Sachs Group, Inc.) is offering index-linked, non‑interest bearing medium‑term notes tied to the Nasdaq‑100® and S&P 500®. The notes have an aggregate face amount of $656,000 and a face amount of $1,000 per note. They pay no periodic interest, may be automatically called on the call observation date if each underlier’s closing level is at or above its initial level (resulting in a cash payment of $1,070 per $1,000), and otherwise the maturity payout depends solely on the lesser performing underlier with a 100% upside participation rate. These notes are cash‑settled, subject to issuer and guarantor credit risk, and are priced with an underwriting discount of 0.6%.

GS Finance Corp. offers callable, equity‑linked medium‑term notes guaranteed by The Goldman Sachs Group, Inc. The notes pay a monthly coupon of $8.167 per $1,000 face amount (0.8167% monthly; potential ~9.8% per annum) only if each reference stock closes at or above 70% of its initial price on a coupon observation date. The notes may be automatically called if each index stock closes at or above its initial price on a call observation date; stated maturity is April 3, 2031. The estimated value at pricing was approximately $973 per $1,000 face amount. Terms, anti‑dilution rules, market‑disruption mechanics, calculation agent discretion (GS&Co.), and credit risk of issuer/guarantor are described in the supplement.

GS Finance Corp. offers structured notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER with a stated maturity of April 1, 2031 and aggregate original face amount of $976,000 on the original issue date. The notes pay conditional quarterly coupons (up to 1.6875% quarterly, i.e., 6.75% per annum potential) only if the index closing level on a coupon observation date is at least 70% of the initial level (360.39). The issuer may redeem notes on specified coupon payment dates beginning April 2027 at 100% of face plus any coupon then due. The underlier applies up to 500% leverage, caps daily leverage change at 100%, and deducts a 6.0% per annum daily decrement, which can materially reduce index performance and coupon outcomes. The estimated value at pricing was approximately $965 per $1,000 face.

GS Finance Corp. is offering non‑interest bearing, equity‑linked notes tied to an equally weighted basket of 9 common stocks including Alphabet, Microsoft, NVIDIA, Meta and others. The notes have an initial basket level of 100, an upside participation rate of 125%, a buffer amount of 20% (buffer level 80%) and are expected to mature May 2, 2028 with an expected automatic call observation date of May 10, 2027. If automatically called, each $1,000 face amount will pay at least $1,198 (set on the trade date). If not called, maturity payoffs depend on the basket return: positive returns receive principal plus 125% participation; moderate declines (down to 20%) return principal; larger declines reduce principal per the buffer mechanics. The estimated value at pricing is $900–$930 per $1,000 face amount. Payments are unsecured obligations of GS Finance Corp. and are subject to the credit risk of GS Finance Corp. and guarantor The Goldman Sachs Group, Inc.

The issuer GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., priced $14,846,000 of Contingent Income Auto-Callable Securities linked to the Class A common stock of Palantir Technologies Inc.. The securities mature April 2, 2029, are principal-at-risk and pay contingent quarterly coupons only when the underlying closing price on coupon observation dates is at or above a downside threshold equal to 50.00% of the initial share price. The initial share price is $143.06 and the downside threshold is $71.53. Each $1,000 security may be automatically called early if the underlying closes at or above the initial share price on any call observation date, in which case holders receive $1,000 plus the then-due contingent coupon. The contingent quarterly coupon accrual uses a $43.25 multiplier per coupon observation schedule. The estimated value at pricing was approximately $964 per security and the original issue price is 100% with a 2.25% underwriting discount.

GS Finance Corp. is offering autocallable index-linked notes due 2031, guaranteed by The Goldman Sachs Group, Inc. The notes reference the Dow Jones Industrial Average and the S&P 500 with an upside participation rate of 140% and a trigger buffer level of 70% of each initial underlier level. If, on the call observation date (April 5, 2027), the closing level of each underlier is greater than or equal to its initial level, each $1,000 face amount will be redeemed at $1,200 on the call payment date. If not called, payoff at the stated maturity (April 3, 2031) is determined by the lesser performing underlier: full principal if that underlier finishes at or above 70% of its initial level, but you may lose the majority or all of your investment if the lesser performing underlier finishes below 70% (payments can be as low as 0.000% of face).

GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., offers principal-protected-style notes linked to an equally weighted basket of seven common stocks. The notes have an original issue price of 100% of face and an estimated value at pricing of approximately $919 per $1,000 face amount. The notes may be automatically called on the call observation date (March 29, 2027) if the basket closing level is ≥ the initial basket level (100), producing a fixed payment of $1,140 per $1,000 on the call payment date. If not called, the maturity date is March 30, 2029, with a capped upside participation rate of 125% when the final basket level is above the initial level. A trigger buffer of 65% protects against limited declines; if the final basket level is below that buffer, holders absorb the full basket loss (potentially receiving substantially less than face). Underwriting discount is 2% plus a structuring fee up to 0.8%. Payments depend on basket performance, anti-dilution adjustments, market-disruption rules, and the issuer/guarantor creditworthiness.