New Issue: GS Finance prices $335,000 index-linked notes tied to S&P 500

Chicago, May 12 – GS Finance Corp. priced $335,000 of 0% index-linked notes due Dec. 20, 2024 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus 33.5% unless the index closes below its initial level, in which case investors will be exposed to the losses of the index with a minimum payout of $850 per $1,000 note.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500 index
Amount:	$335,000
Maturity:	Dec. 20, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 33.5% unless the index closes below its initial level, in which case investors will be exposed to the losses of the index with a minimum payout of $850 per $1,000 note
Initial level:	3,674.84
Pricing date:	June 17, 2022
Settlement date:	June 23, 2022
Agent:	Goldman Sachs & Co. LLC
Fees:	1%
Cusip:	40057MED7

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