New Issue: GS Finance prices $250,000 buffered digital notes on S&P 500

Chicago, Dec. 11 – GS Finance Corp. priced $250,000 of 0% buffered digital index-linked notes due June 6, 2024 linked to 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.

If the final level of the index is greater than or equal to its threshold level, 85% of its initial level, the payout at maturity will be par plus 9%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$250,000
Maturity:	June 6, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater or equal to threshold level, par plus 9%; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:	4,090.75
Threshold level:	85% of initial level
Pricing date:	May 3, 2023
Settlement date:	May 8, 2023
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0%
Cusip:	40057RMK1

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