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Published on 2/9/2022 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $4.18 million autocallable index-linked notes on indexes

Chicago, Feb. 9 – GS Finance Corp. priced $4.18 million of 0% autocallable index-linked notes due April 18, 2024 tied to the Nasdaq-100 index, the Nasdaq-100 Technology Sector index and the PHLX Semiconductor Sector index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its initial level on April 25, 2022, the notes will be called at par plus 15%.

If the notes are not called and each index finishes at or above its initial level, the payout will be par plus 1.7725 times the return of the worst performer.

Otherwise, investors will be fully exposed to the losses of the wort performer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Autocallable index-linked notes
Underlying indexes:Nasdaq-100 index, Nasdaq-100 Technology Sector index and PHLX Semiconductor Sector index
Amount:$4,175,000
Maturity:April 18, 2024
Coupon:0%
Price:Par
Payout at maturity:If all three indexes finish above their initial levels, par plus 1.7725 times return of worst performer; otherwise, full expose to losses of worst performer
Call:If each index closes at or above its initial level on April 25, 2022, par plus 15% premium
Initial index levels:14,041.91 for Nasdaq, 8,323.415 for Technology, 3,253.075 for Semiconductor
Pricing date:April 16
Settlement date:April 21
Agent:Goldman Sachs & Co. LLC
Fees:3.75%
Cusip:40057H2J8

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