New Issue: GS Finance prices $3.05 million digital index-linked notes on Stoxx

Chicago, Feb. 22 – GS Finance Corp. priced $3.05 million of 0% digital index-linked notes due May 6, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the index return or 60.05%.

Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3,045,000
Maturity:	May 6, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus greater of index return and 60.05%; otherwise, 1% loss for every 1% of index decline from initial level
Initial index level:	3,761.19
Pricing date:	May 3, 2022
Settlement date:	May 10, 2022
Agent:	Goldman Sachs & Co. LLC
Fees:	2.6%
Cusip:	40057LSY8

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