Goldman Sachs Announces Redemption of 3.75% Notes due February 25, 2026

NEW YORK, NY, October 24, 2025 - The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it will redeem all of the issued and outstanding 3.75% Notes due February 25, 2026 (the "Notes") on November 25, 2025 (the "Redemption Date"). The Notes have an aggregate principal amount outstanding of $1,750,000,000.

The Notes will be redeemed for a redemption price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest to but excluding the Redemption Date (the "Redemption Payment"). From and after the Redemption Date for the Notes, all interest will cease to accrue on the Notes.

Investors in the Notes should contact the bank or broker through which they hold a beneficial interest in the Notes for information about obtaining the Redemption Payment for any Notes in which they have a beneficial interest.

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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Jehan Ilahi
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