Common use of Consent to use of Prospectus Clause in Contracts

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR)MSCI World 4.5% Decrement Index. The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price This index is determined mainly by an equity index based on the prices MSCI World Index, in which the net dividends paid on the index components are reinvested and a predefined decrement is deducted. This decrement mechanism results in a constant daily decrement totaling 4.5 per cent. per annum. A description of its constituents. Dividends the index and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxx://xxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR)MSCI World 4.5% Decrement Index. The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price This index is determined mainly by an equity index based on the prices MSCI World Index, in which the net dividends paid on the index components are reinvested and a predefined decrement is deducted. This decrement mechanism results in a constant daily decrement totaling 4.5 per cent. per annum. A description of its constituents. Dividends the index and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR)MSCI World 4.5% Decrement Index. The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price This index is determined mainly by an equity index based on the prices MSCI World Index, in which the net dividends paid on the index components are rein- vested and a predefined decrement is deducted. This decrement mechanism results in a constant daily decrement totaling 4.5 per cent. per annum. A description of its constituents. Dividends the index and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following follow- ing website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. (Basket Component 1) The relevant Underlying Basket Component 1 is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwebsite: xxxxx://xx.xxxx- xxxxx.xxx/. The Issuer accepts no responsibility for the completeness or accuracy or for the continu- ous updating of the content contained on the specified websites. S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by the Issuer. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the Issuer. The Securities are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of S&P 500® Index. (Basket Component 2) The relevant Basket Component 2 is the SMI® Index. The SMI® Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects mark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website: www.six- xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous continu- ous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securitieswebsites.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx- xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirectindi- rect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other in- come" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securi- ties.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Global Select Dividend 100 Index (Price EUR). The EURO STOXX 50® Global Select Dividend 100 Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020 and 5 November 2020 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwww.wie- xxxxxxxx.xx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX Standard & Poor's and its licensor do S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been subli- censed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Xxx Xxxxx, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the prod- ucts or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and disclaim any certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and all warranty about: • calculated by S&P Dow Jones Indices without re- gard to The results Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be obtained by the Securities, the owner of the Securities redeemed. S&P Dow Jones Indices has no obligation or any other person liability in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy administration, marketing or completeness trading of the EURO STOXX 50® products. There is no assurance that investment products based on the Index and its data; • The merchantability and the fitness for will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a particular purpose security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errorshold such security, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor nor is it considered to be liable for any lost profits or indirectinvestment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, punitiveACCURACY, special or consequential damages or lossesTIMELINESS AND/OR THE COMPLETENESS OF THE IN- DEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, even if STOXX or its licensor knows that they might occurINCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DE- LAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRAN- TIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPE- CIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LI- CENSORS OF S&P DOW JONES INDICES. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx- xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li- censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020 and 5 November 2020 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li- censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (MSCI India USD Price EUR)Return Index. The EURO STOXX 50® MSCI India USD Price Return Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither spon- sored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Li- censor"). The Licensor does not give any explicit or implicit warranty or representation, neither re- garding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained published by the SecuritiesLicensor. Nevertheless, as far as admissible under statutory law the owner Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Securities or any other person Index by the Licensor nor the granting of a license regard- ing the Index as well as the Index Trademark for the utilization in connection with the use Financial Instrument or other securities or financial products, which derived from the Index, represents a rec- ommendation by the Licensor for a capital investment or contains in any manner a warranty or opin- ion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of EURO STOXX 50® all rights to the Index and the data included in Index Trademark the EURO STOXX 50® Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index Trademark as well as any reference to the Index and its data; • The merchantability and the fitness for a particular purpose or use of Index Trademark in connection with the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurFinancial Instrument. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR)MSCI World 4.5% Decrement Index. The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price This index is determined mainly by an equity index based on the prices MSCI World Index, in which the net dividends paid on the index components are rein- vested and a predefined decrement is deducted. This decrement mechanism results in a constant daily decrement totaling 4.5 per cent. per annum. A description of its constituents. Dividends the index and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following follow- ing website(s): xxxxx://xxxxxxx.xxxxxxx://xxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX Standard & Poor's and its licensor do S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been sublicensed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and disclaim any certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and all warranty about: • calculated by S&P Dow Jones Indices without regard to The results Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be obtained by the Securities, the owner of the Securities redeemed. S&P Dow Jones Indices has no obligation or any other person liability in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy administration, marketing or completeness trading of the EURO STOXX 50® products. There is no assurance that investment products based on the Index and its data; • The merchantability and the fitness for will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a particular purpose security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errorshold such security, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor nor is it considered to be liable for any lost profits or indirectinvestment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, punitiveACCURACY, special or consequential damages or lossesTIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, even if STOXX or its licensor knows that they might occurINCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx.xxxxxxxxxxxxxxxxx.xx.xx/xxx-xxxxx/xxxxx-xxx-xxxxxxxxxxx/xxxxxxxx/0000/X/xxxxxxxx-x- s-opportunities-fund/LU0109391861. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data da-ta included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li-censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplement dated March 10, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® MSCI India Index (Price EURUSD). The EURO STOXX 50® MSCI India Index (Price EURUSD) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the and/ or Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(swebsites. DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). • STOXX The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained published by the SecuritiesLicensor. Nevertheless, as far as admissible under statutory law the owner Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Securities or any other person Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the use Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of EURO STOXX 50® all rights to the Index and the data included in Index Trademark the EURO STOXX 50® Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for Trademark as well as any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by Index and the responsible administrator. As at Index Trademark in connection with the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li- censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other in- come" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securi- ties.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive com- prehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated 15 June 2021 (as supplemented by the Supplements dated 17 August 2021, 27 September 2021, 26 October 2021 and 16 November 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR)TOPIX. The EURO STOXX 50® Index (Price EUR) TOPIX is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx.xxx.xx.xx/xxxxxxx/xxxxxxx/xxxxxxx/xxxxx/xxxxx.xxxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained published by the SecuritiesLicensor. Nevertheless, as far as admissible under statutory law the owner Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Securities or any other person Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the use Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of EURO STOXX 50® all rights to the Index and the data included in Index Trademark the EURO STOXX 50® Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index Trademark as well as any reference to the Index and its data; • The merchantability and the fitness for a particular purpose or use of Index Trademark in connection with the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurFinancial Instrument. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx- xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li- censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components Constituents consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the and/ or Basket Components Constituents or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components Constituents is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwebsite: xxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011websites. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR)MSCI World Index. The EURO STOXX 50® MSCI World Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data da-ta included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li-censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020 and 5 November 2020 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price DAX 50 ESG PR EUR). The EURO STOXX 50® Index (Price EUR) DAX 50 ESG PR EUR is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwww.dax- xxxxxxx.xxx/xxxxx-xxxxxxx?xxxx=XX000X0X0X00. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX DAXglobal®, DAX®, X-DAX®, MDAX®, TecDAX® and its licensor do SDAX® are registered trademarks of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not make give any warrantyexplicit or implicit warranty or representation, express neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or implied, on a certain date nor in any other respect. The Index is calculated and disclaim any and all warranty about: • The results to be obtained published by the SecuritiesLicensor. Nevertheless, as far as admissible under statutory law the owner Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Securities or any other person Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the use Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of EURO STOXX 50® all rights to the Index and the data included in Index Trademark the EURO STOXX 50® Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index Trademark as well as any reference to the Index and its data; • The merchantability and the fitness for a particular purpose or use of Index Trademark in connection with the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurFinancial Instrument. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated 9 June 2022 (as supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021, May 12, 2021 and June 14, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 10, 2021 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 30 June 2022 (as supplemented by the Supplements dated 19 July 2022, 16 August 2022, 29 September 2022, 19 October 2022, 7 November 2022, 18 January 2023 and 6 March 2023 and as further supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The Issuer had determined, and intends to take the position, that the Securities are delta-one Securities that are subject to U.S. Treasury Department has issued regulations withholding tax under which amounts paid or deemed these rules. Accordingly, a 30 percent withholding tax will be imposed on each dividend that is paid on certain financial instruments the share that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending is referened by the Securities (based on the circumstances, as a "dividend equivalent" payment notional amount of corporate stock that is subject referenced by a Holder's Securities), and Goldman Sachs will remit such amount to the Internal Revenue Service. The withholding tax at rate will not take into account any reduced rate to which a rate Holder maybe entitled under an applicable tax treaty. In addition, a holder of 30 per cent. (or Securities may not receive the necessary information reporting to enable the holder to claim a lower rate refund for the excess of the withholding tax over the tax that would be imposed under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, Further information can be found in the Securities will not be subject to withholding Note under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" ". This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus for and the respective Final Terms are brought before a more comprehensive discussion court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the application Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of Section 871(m) the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive com- prehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021, May 12, 2021, June 14, 2021 and July 14, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 10, 2021 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. (Basket Component 1) The relevant Underlying Basket Component 1 is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. website: xxxxx://xx.xxxx- xxxxx.xxx/. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous continu- ous updating of the content contained on the specified website(swebsites. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). • STOXX The trademarks have been licensed to S&P Dow Jones Indices LLC and its licensor do have been subli- censed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Xxx Xxxxx, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the prod- ucts or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and disclaim any certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and all warranty about: • calculated by S&P Dow Jones Indices without re- gard to The results Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be obtained by the Securities, the owner of the Securities redeemed. S&P Dow Jones Indices has no obligation or any other person liability in connection with the use administration, marketing or trading of EURO STOXX 50the products. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE IN- DEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DE- LAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRAN- TIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPE- CIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LI- CENSORS OF S&P DOW JONES INDICES. (Basket Component 2) The relevant Basket Component 2 is the SMI® Index. The SMI® Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the data included in price index also reflects mark- downs. Information about the EURO STOXX 50® Index past and results not obtained; • The accuracy or completeness future performance and volatility of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use Underlying and/or of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities respective Basket Components is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date free of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending charge available on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.following website: www.six-

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. xxxx://xxx.xxx-xxxxx-xxxxxxxx.xxx/. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021 and May 12, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx.xx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is not included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. As far as the Issuer is aware, the transitional provisions in Article 51 of the Regulation (EU) 2016/1011 apply, such that the administrator is not currently required to obtain authorisation or registration (or, if located outside the European Union, recognition, endorsement or equivalence). Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index MSCI World Select ESG 30 (Price EUR) Index. The MSCI World Select ESG 30 (Price EUR) Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwww.xetra.com. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated 5 June 2024 (as supplemented by the Supplements dated 13 August 2024 and 27 September 2024 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 30 June 2022 (as supplemented by the Supplements dated 19 July 2022, 16 August 2022, 29 September 2022, 19 October 2022, 7 November 2022 and 18 January 2023 and as further supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020 and 11 August 2020 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurwebsites. The Settlement Amount under the Securities is may be calculated by reference to the Underlying, which is provided by the responsible administratorIndex Sponsor. As at the date of these Final Terms, the administrator Index Sponsor is not included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. As far as the Issuer is aware, the transitional provisions in Article 51 of the Regulation (EU) 2016/1011 apply, such that the Index Sponsor is not currently required to obtain authorisation or registration (or, if located outside the European Union, recognition, endorsement or equivalence). DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries inter- mediaries (general consent). General consent for the subsequent resale or final placement of Securities Securi- ties by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided howeverhowev- er, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languageGerman lan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts ac- cepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50STOXX® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price indexEurope 600 ESG-X Net EUR Index. The index level of is a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsperformance index. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer Issu- er accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX Limited, Deutsche Börse Group and its licensor their licensors, research partners or data providers have no relationship to Goldman Sachs, other than the licensing of the STOXX® Europe 600 ESG-X Net EUR Index and the related trademarks for use in connection with the Open End Securi- ties. STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not: » sponsor, endorse, sell or promote the Open End Securities. » recommend that any person invest in the Open End Securities or any other securities. » have any responsibility or liability for or make any decisions about the timing, amount or pric- ing of Open End Securities. » have any responsibility or liability for the administration, management or marketing of the Open End Securities. » consider the needs of the Open End Securities or the owners of the Open End Securities in de- termining, composing or calculating the STOXX® Europe 600 ESG-X Net EUR Index or have any obligation to do so. STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Open End Securities or their performance. XXXXX does not assume any contractual relationship with the purchasers of the Open End Securi- ties or any other third parties. Specifically, » STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make give any warranty, express or implied, and disclaim exclude any and all warranty liability about: • - The results to be obtained by the Open End Securities, the owner of the Open End Securities or any other person in connection with the use of EURO STOXX 50the STOXX® Europe 600 ESG-X Net EUR Index and the data included in the EURO STOXX 50STOXX® Index Europe 600 ESG-X Net EUR Index; - The accuracy, timeliness, and results not obtained; • The accuracy or completeness of the EURO STOXX 50STOXX® Index Europe 600 ESG-X Net EUR In- dex and its data; • - The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50STOXX® Europe 600 ESG-X Net EUR Index and its data; • STOXX - The performance of the Open End Securities generally. » STOXX, Deutsche Börse Group and its licensor will have their licensors, research partners or data providers give no liability warranty and exclude any liability, for any errors, omissions or interruptions in the EURO STOXX 50STOXX® Eu- rope 600 ESG-X Net EUR Index or its data; • » Under no circumstances will STOXX and its licensor STOXX, Deutsche Börse Group or their licensors, research part- ners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX arising as a result of such errors, omissions or interruptions in the relevant index or its licensor knows data or generally in relation to the Open End Securities, even in circumstances where STOXX, Deutsche Börse Group or their licensors, research partners or data providers are aware that they might such loss or damage may occur. The licensing Agreement between the Goldman Sachs and STOXX is solely for their benefit and not for the benefit of the owners of the Open End Securities or any other third parties. The Underlying is the EURO STOXX® 50 Low Carbon Net EUR Index. The index is a perfor- mance index. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is available on the following website(s): xxx.xxxxx.xxx. The Issu- er accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). STOXX Limited, Deutsche Börse Group and their licensors, research partners or data providers have no relationship to Goldman Sachs, other than the licensing of the EURO STOXX® 50 Low Carbon Net EUR Index and the related trademarks for use in connection with the Open End Securi- ties. STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not: » sponsor, endorse, sell or promote the Open End Securities. » recommend that any person invest in the Open End Securities or any other securities. » have any responsibility or liability for or make any decisions about the timing, amount or pric- ing of Open End Securities. » have any responsibility or liability for the administration, management or marketing of the Open End Securities. » consider the needs of the Open End Securities or the owners of the Open End Securities in de- termining, composing or calculating the EURO STOXX® 50 Low Carbon Net EUR Index or have any obligation to do so. STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Open End Securities or their performance. XXXXX does not assume any contractual relationship with the purchasers of the Open End Securi- ties or any other third parties. Specifically, » STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude any liability about: - The results to be obtained by the Open End Securities, the owner of the Open End Securities or any other person in connection with the use of the EURO STOXX® 50 Low Carbon Net EUR In- dex and the data included in the EURO STOXX® 50 Low Carbon Net EUR Index; - The accuracy, timeliness, and completeness of the EURO STOXX® 50 Low Carbon Net EUR Index and its data; - The merchantability and the fitness for a particular purpose or use of the EURO STOXX® 50 Low Carbon Net EUR Index and its data; - The performance of the Open End Securities generally. » STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the EURO STOXX® 50 Low Carbon Net EUR Index or its data; » Under no circumstances will STOXX, Deutsche Börse Group or their licensors, research part- ners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the relevant index or its data or generally in relation to the Open End Securities, even in circumstances where STOXX, Deutsche Börse Group or their licensors, research partners or data providers are aware that such loss or damage may occur. The licensing Agreement between the Goldman Sachs and STOXX is solely for their benefit and not for the benefit of the owners of the Open End Securities or any other third parties. The Underlying is the STOXX® Europe Climate Impact Ex Global Compact Controversial Weap- ons & Tobacco Net EUR Index. The index is a performance index. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is available on the following website(s): xxx.xxxxx.xxx. The Issu- er accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). STOXX Limited, Deutsche Börse Group and their licensors, research partners or data providers have no relationship to Goldman Sachs, other than the licensing of the STOXX® Europe Climate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index and the related trademarks for use in connection with the Open End Securities. STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not: » sponsor, endorse, sell or promote the Open End Securities. » recommend that any person invest in the Open End Securities or any other securities. » have any responsibility or liability for or make any decisions about the timing, amount or pric- ing of Open End Securities. » have any responsibility or liability for the administration, management or marketing of the Open End Securities. » consider the needs of the Open End Securities or the owners of the Open End Securities in de- termining, composing or calculating the STOXX® Europe Climate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index or have any obligation to do so. STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the Open End Securities or their performance. XXXXX does not assume any contractual relationship with the purchasers of the Open End Securi- ties or any other third parties. Specifically, » STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, express or implied, and exclude any liability about: - The results to be obtained by the Open End Securities, the owner of the Open End Securities or any other person in connection with the use of the STOXX® Europe Climate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index and the data included in the S STOXX® Europe Climate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index; - The accuracy, timeliness, and completeness of the STOXX® Europe Climate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index and its data; - The merchantability and the fitness for a particular purpose or use of the STOXX® Europe Cli- mate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index and its data; - The performance of the Open End Securities generally. » STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty and exclude any liability, for any errors, omissions or interruptions in the STOXX® Eu- rope Climate Impact Ex Global Compact Controversial Weapons & Tobacco Net EUR Index or its data; » Under no circumstances will STOXX, Deutsche Börse Group or their licensors, research part- ners or data providers be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the relevant index or its data or generally in relation to the Open End Securities, even in circumstances where STOXX, Deutsche Börse Group or their licensors, research partners or data providers are aware that such loss or damage may occur. The licensing Agreement between the Goldman Sachs and STOXX is solely for their benefit and not for the benefit of the owners of the Open End Securities or any other third parties. The Settlement Amount under the Securities is may be calculated by reference to the Underlying, which is provided by the responsible administratorIndex Sponsor. As at the date of these Final Terms, the administrator Index Sponsor is not included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. As far as the Issuer is aware, the transitional provisions in Article 51 of the Regulation (EU) 2016/1011 apply, such that the Index Sponsors are not currently required to obtain authorisation or registration (or, if located outside the European Union, recognition, endorsement or equivalence). Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treatedtreat- ed, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding withhold- ing under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is requiredre- quired. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – –as far as the Issuer is aware and is able to ascertain from publicly available information – –no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index MSCI World Select ESG 30 (Price EUR) Index. The MSCI World Select ESG 30 (Price EUR) Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and (Price EUR) is the data included intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under license. The securities based on the Index are in the EURO STOXX 50® Index and results not obtained; • The accuracy no way sponsored, endorsed, sold or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • promoted by STOXX and its licensor will Licensors and neither of the Licensors shall have no any liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurwith respect thereto. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as ±as far as the Issuer is aware and is able to ascertain from publicly available information – no ±no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX Standard & Poor's and its licensor do S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been sublicensed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and disclaim any certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and all warranty about: • calculated by S&P Dow Jones Indices without regard to The results Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be obtained by the Securities, the owner of the Securities redeemed. S&P Dow Jones Indices has no obligation or any other person liability in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy administration, marketing or completeness trading of the EURO STOXX 50® products. There is no assurance that investment products based on the Index and its data; • The merchantability and the fitness for will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a particular purpose security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errorshold such security, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor nor is it considered to be liable for any lost profits or indirectinvestment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, punitiveACCURACY, special or consequential damages or lossesTIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, even if STOXX or its licensor knows that they might occurINCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend ±Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – –as far as the Issuer is aware and is able to ascertain from publicly available information – –no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX Standard & Poor's and its licensor do S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been subli- censed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Xxx Xxxxx, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the prod- ucts or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and disclaim any certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and all warranty about: • calculated by S&P Dow Jones Indices without re- gard to The results Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be obtained by the Securities, the owner of the Securities redeemed. S&P Dow Jones Indices has no obligation or any other person liability in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy administration, marketing or completeness trading of the EURO STOXX 50® products. There is no assurance that investment products based on the Index and its data; • The merchantability and the fitness for will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a particular purpose security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errorshold such security, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor nor is it considered to be liable for any lost profits or indirectinvestment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, punitiveACCURACY, special or consequential damages or lossesTIMELINESS AND/OR THE COMPLETENESS OF THE IN- DEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, even if STOXX or its licensor knows that they might occurINCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DE- LAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRAN- TIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPE- CIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LI- CENSORS OF S&P DOW JONES INDICES. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – –Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50MDAX® Index (Price EURPerformance Index). The EURO STOXX 50MDAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. MDAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplement dated March 10, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The Issuer had determined, and intends to take the position, that the Securities are delta-one Securities that are subject to U.S. Treasury Department has issued regulations withholding tax under which amounts paid or deemed these rules. Accordingly, a 30 percent withholding tax will be imposed on each dividend that is paid on certain financial instruments the share that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending is referened by the Securities (based on the circumstances, as a "dividend equivalent" payment notional amount of corporate stock that is subject referenced by a Holder's Securities), and Goldman Sachs will remit such amount to the Internal Revenue Service. The withholding tax at rate will not take into account any reduced rate to which a rate Holder maybe entitled under an applicable tax treaty. In addition, a holder of 30 per cent. (or Securities may not receive the necessary information reporting to enable the holder to claim a lower rate refund for the excess of the withholding tax over the tax that would be imposed under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, Further information can be found in the Securities will not be subject to withholding Note under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" ". This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020 and 5 November 2020 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus for and the respective Final Terms are brought before a more comprehensive discussion court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the application Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of Section 871(m) the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50S&P 500® Index. The S&P 500® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX Standard & Poor's and its licensor do S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to S&P Dow Jones Indices LLC and have been sublicensed for use for certain purposes by The Goldman Sachs Group, Inc. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by The Goldman Sachs Group, Inc. The products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to The Goldman Sachs Group, Inc. with respect to the Index is the licensing of the Index and disclaim any certain trademarks, service marks and/or trade names of S&P Dow Jones Indices. The Index is determined, composed and all warranty about: • calculated by S&P Dow Jones Indices without regard to The results Goldman Sachs Group, Inc. or the products. S&P Dow Jones Indices has no obligation to take the needs of The Goldman Sachs Group, Inc. or the owners of products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the products or the timing of the issuance or sale of the products or in the determination or calculation of the equation by which the products are to be obtained by the Securities, the owner of the Securities redeemed. S&P Dow Jones Indices has no obligation or any other person liability in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy administration, marketing or completeness trading of the EURO STOXX 50® products. There is no assurance that investment products based on the Index and its data; • The merchantability and the fitness for will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a particular purpose security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errorshold such security, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor nor is it considered to be liable for any lost profits or indirectinvestment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, punitiveACCURACY, special or consequential damages or lossesTIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, even if STOXX or its licensor knows that they might occurINCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE GOLDMAN SACHS GROUP, INC., OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE GOLDMAN SACHS GROUP, INC., OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx.xxxxxxxxxxxxxxxxx.xx.xx/xxx-xxxxx/xxxxx-xxx-xxxxxxxxxxx/xxxxxxxx/0000/X/xxxxxxxx-x- s-opportunities-fund/LU0109391861. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxx- xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirectindi- rect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50SMI® Index. The SMI® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwww.six- xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50STOXX® Index (Price EUR). The EURO STOXX 50® Index Europe 600 Basic Resources (Price EUR) Index. The STOXX® Europe 600 Basic Resources (Price EUR) Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX® Europe 600 Basic Resources (Price EUR) Index is the intellectual property of STOXX Limited, Zurich, Switzerland and/or its licensors (“Licensors“), which is used under license. The securities or other financial instruments based on the index are in no way sponsored, endorsed, sold or promoted by STOXX and its licensor do not make Licensors and neither STOXX nor its Licensors shall have any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection liability with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurrespect thereto. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated 15 June 2021 (as supplemented by the Supplements dated 17 August 2021, 27 September 2021, 26 October 2021, 16 November 2021, 5 April 2022, 12 April 2022 and 18 May 2022 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50STOXX® Index (Price EUR). The EURO STOXX 50® Index Banks (Price EUR) Index. The EURO STOXX® Banks (Price EUR) Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • The EURO STOXX® Banks Index is the intellectual property of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"),which is used under license. The securities or other financial instruments based on the index are in no way sponsored, endorsed, sold or promoted by STOXX and its licensor do not make Licensors and neither STOXX nor its Licensors shall have any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection liability with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurrespect thereto. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 30 June 2022 (as supplemented by the Supplements dated 19 July 2022, 16 August 2022, 29 September 2022, 19 October 2022, 7 November 2022 and 18 January 2023 and as further supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The Issuer had determined, and intends to take the position, that the Securities are delta-one Securities that are subject to U.S. Treasury Department has issued regulations withholding tax under which amounts paid or deemed these rules. Accordingly, a 30 percent withholding tax will be imposed on each dividend that is paid on certain financial instruments the share that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending is referened by the Securities (based on the circumstances, as a "dividend equivalent" payment notional amount of corporate stock that is subject referenced by a Holder's Securities), and Goldman Sachs will remit such amount to the Internal Revenue Service. The withholding tax at rate will not take into account any reduced rate to which a rate Holder maybe entitled under an applicable tax treaty. In addition, a holder of 30 per cent. (or Securities may not receive the necessary information reporting to enable the holder to claim a lower rate refund for the excess of the withholding tax over the tax that would be imposed under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, Further information can be found in the Securities will not be subject to withholding Note under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" ". This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021, May 12, 2021 and June 14, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 10, 2021 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus for and the respective Final Terms are brought before a more comprehensive discussion court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the application Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of Section 871(m) the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. Basket Component 1: xxx.xxxxxxxxxxxxxxxxxxx.xxx Basket Component 2: xxx.xxxxxxxx.xxx‌ Basket Component 3: xxx.xxxxxxxx.xxx The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive com- prehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdownsmark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Euro- pean Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive com- prehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data da-ta included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li-censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020, 5 November 2020 and 22 January 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021, May 12, 2021, June 14, 2021, July 14, 2021 and August 5, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 10, 2021 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and (Price EUR) is the data included intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under license. The securities based on the Index are in the EURO STOXX 50® Index and results not obtained; • The accuracy no way sponsored, endorsed, sold or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • promoted by STOXX and its licensor will Licensors and neither of the Licensors shall have no any liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurwith respect thereto. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxwww.euron- xxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent PaymentsPay- ments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securi- ties bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, hold- ing and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 Section 9 of the German Securities Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusAct. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The Issuer had determined, and intends to take the position, that the Securities are delta-one Securities that are subject to U.S. Treasury Department has issued regulations withholding tax under which amounts paid or deemed these rules. Accordingly, a 30 percent withholding tax will be imposed on each dividend that is paid on certain financial instruments the share that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending is referened by the Securities (based on the circumstances, as a "dividend equivalent" payment notional amount of corporate stock that is subject referenced by a Holder's Securities), and Goldman Sachs will remit such amount to the Internal Revenue Service. The withholding tax at rate will not take into account any reduced rate to which a rate Holder maybe entitled under an applicable tax treaty. In addition, a holder of 30 per cent. (or Securities may not receive the necessary information reporting to enable the holder to claim a lower rate refund for the excess of the withholding tax over the tax that would be imposed under an applicable treaty). The Issuer has determined that, as of Further information can be found in the issue date of the Securities, the Securities will not be subject to withholding Base Prospectus under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities".

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. Basket Component 1: xxx.xxxx.xxx Basket Component 2: xxx.xxxx.xxx The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive com- prehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 30 June 2022 (as supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50CAC 40® Index. The CAC 40® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Euronext N.V. or its subsidiaries holds all (intellectual) proprietary rights with respect to the Index. Euronext N.V. or its subsidiaries do not sponsor, endorse or have any other involvement in the issue and offering of the product. Euronext N.V. and its subsidiaries disclaim any liability for any inaccuracy in the data on which the Index is based, for any mistakes, errors, or omissions in the calculation and/or dissemination of the Index, or for the manner in which it is applied in connection with the issue and offering thereof. CAC 40® is/are registered trademark(s) of Euronext N.V. or its subsidiaries. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020 and 5 November 2020 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. Basket Component 1: xxx.xxxxxxxx.xxx Basket Component 2: xxx.xxxxxxxx.xxx Basket Component 3: xxx.xxxxxxxxxxxxxxx.xx Basket Component 4: xxx.xxxxxxxxxxxxxxx.xx Basket Component 5: xxx.xxxxx.xxx Basket Component 6: xxx.xxxxx.xxx Basket Component 7: xxx.xxxxxxxxxxx.xx Basket Component 8: xxx.xxxxxxxx.xxx Basket Component 9: xxx.xxxxxxxxxxxxx.xx Basket Component 10: xxx.xxxxxxxxxxx.xx Basket Component 11: xxx.xxxxxxxx.xxx Basket Component 12: xxx.xxxxxxxxxxxxx.xx The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplement dated March 10, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on a consideration of the circumstances, Base Prospectus as a "dividend equivalent" payment that is subject to tax at a rate of 30 per centwhole and the respective Final Terms by the investor. (Investors could lose all or a lower rate under an applicable treaty). The Issuer has determined that, as part of the issue date of invested capital. Where a claim relating to the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" information contained in the Base Prospectus for and the respective Final Terms are brought before a more comprehensive discussion court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the application Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of Section 871(m) the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021, May 12, 2021, June 14, 2021 and July 14, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 10, 2021 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021 and May 12, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020, 5 November 2020 and 22 January 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. xxxxx://xxx.xxx-xxxxx.xxx/. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 11 March 2024 (as supplemented by the Supplements dated 26 April 2024, 6 May 2024 and 16 July 2024 and as further supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50STOXX® Index (Price EUR). The EURO STOXX 50® Index Banks (Price EUR) Index. The EURO STOXX® Banks (Price EUR) Index is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxxxx://xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • The EURO STOXX® Banks Index is the intellectual property of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"),which is used under license. The securities or other financial instruments based on the index are in no way sponsored, endorsed, sold or promoted by STOXX and its licensor do not make Licensors and neither STOXX nor its Licensors shall have any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection liability with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occurrespect thereto. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs intends to treat the Securities, for United States federal income tax purposes, in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are Classified as Debt for United States Tax Purposes" in the Base Prospectus. However this determination is not binding on the United States Internal Revenue Service ("IRS") and the IRS may disagree with the treatment. In the case of Securities that bear periodic coupons, the consequences of the IRS disagreeing with the treatment include the possibility that coupon payments made to the Security Holder (including any such coupon payments made at maturity) could be subject to tax at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts for such tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 16 March 2023 (as supplemented by the Supplements dated 11 May 2023 and 19 July 2023 and as further supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50DAX® Index (Price EURPerformance Index). The EURO STOXX 50DAX® Index (Price EURPerformance Index) is a price performance index. The Dividends, capital changes and interest payments are considered in the calculation of the index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not consideredperformance index. If dividends are paid, they are reinvested in the price index also reflects markdownsindex. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. DAX® is a registered trademark of Deutsche Börse AG. This Financial Instrument is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the Index. Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the Financial Instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the Financial Instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the Financial Instrument. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021 and May 12, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. xxxxx://xxxxx.xxx/. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. Basket Component 1: xxx.xxxx.xxx.xx Basket Component 2: xxx.xxxxxxxxxxxxxxxxxxx.xxx Basket Component 3: xxx.xxx.xx.xx‌ Basket Component 4: xxx.xxx.xx.xx Basket Component 5: xxx.xxxxxx.xxx Basket Component 6: xxx.xxxx.xxx Basket Component 7: xxx.xxxx.xxx Basket Component 8: xxx.xxxx.xxx‌‌‌‌ The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxxxx-xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated July 8, 2020 (as supplemented by the Supplements dated 22 July 2020, 30 July 2020, 11 August 2020, 24 September 2020, 20 October 2020, 27 October 2020, 5 November 2020 and 22 January 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated July 8, 2020 (as supplemented) and the Registration Document of the Issuer dated June 15, 2020 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. Basket Component 1: xxx.xxxxx.xxx Basket Component 2: xxx.xxxxx.xxx Basket Component 3: xxx.xxxxx.xxx‌‌ The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English language. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive discussion of the application of Section 871(m) to the Securities. Goldman Sachs has determined that there is a material risk that the Securities will not be treated as a debt instrument, but will rather be treated as a forward or derivative contract, for United States federal income tax purposes. In light of this possibility, Goldman Sachs intends to treat the Securities in the manner described under "United States Tax Considerations - Securities Issued by GSFCI - Securities that are not Classified as Debt for United States Tax Purposes" in the Base Prospectus. If the Securities bear periodic coupons, then, due to uncertainty regarding the U.S. withholding tax treatment of coupon payments on Securities that are not treated as debt, it is expected that withholding agents will (and the Issuer, if the Issuer is the withholding agent, intend to) withhold on coupon payments on the Securities at a 30 per cent. rate or at a lower rate specified by an applicable income tax treaty under an "other income" or similar provision. The Issuer will not make payments of any additional amounts in respect of such withholding tax. Amounts paid upon the redemption or maturity of the Securities are not expected to be subject to U.S. withholding tax and the Issuer, if the Issuer (including any of its affiliates) is the withholding agent, does not intend to withhold on such amounts. The Security Holder should consult their own tax advisor regarding the U.S. tax consequences of purchasing, holding and disposing of the Securities. This summary should be read as an introduction to the base prospectus dated 16 March 2023 (as supplemented by the Supplements dated 11 May 2023, 19 July 2023, 7 August 2023, 2 October 2023, 18 October 2023, 6 November 2023 and 17 January 2024 and as further supplemented from time to time) (the "Base Prospectus") of Goldman Sachs Finance Corp International (the "Issuer"). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base Prospectus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English German language. .The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted omitted, which would render the reproduced information, which may have been translated into the English German language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxxxxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data da-ta included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor li-censor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- post-issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus Securities Note for a more comprehensive discussion of the application of Section 871(m) to the Securities. This summary should be read as an introduction to the base prospectus dated February 10, 2021 (as supplemented by the Supplements dated March 10, 2021, April 23, 2021, May 7, 2021, May 12, 2021, June 14, 2021, July 14, 2021 and August 5, 2021 and as further supplemented from time to time) (the "Base Prospectus") of Goldman, Sachs & Co. Wertpapier GmbH (the "Issuer"), consisting of the Securities Note dated February 10, 2021 (as supplemented) and the Registration Document of the Issuer dated June 10, 2021 (as supplemented). Any decision to invest in the Securities should be based on a consideration of the Base Prospectus as a whole and the respective Final Terms by the investor. Investors could lose all or part of the invested capital. Where a claim relating to the information contained in the Base Prospectus and the respective Final Terms are brought before a court, the plaintiff investor might, under the national law, have to bear the costs of translating the Base Prospectus and the respective Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the Summary, including any translation thereof, but only where the Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus and the respective Final Terms or it does not provide, when read together with the other parts of the Base Prospectus and the respective Final Terms, key information in order to aid investors when considering whether to invest in the Securities. You are about to purchase a product that is not simple and may be difficult to understand.

Consent to use of Prospectus. The Issuer consents to the use of the Base Prospectus and these Final Terms by all financial intermediaries interme- diaries (general consent). General consent for the subsequent resale or final placement of Securities by the financial intermediaries is given in relation to the Offer State(s) during the Offer Period during which subsequent resale or final placement of the Securities can be made, provided however, that the Base Prospectus (and/or Succeeding Base Prospectus) is still valid according to Article 12 of the Prospectus Regulation. In the case of an Offer Period which exceeds the duration of the validity of the Base Prospectus, the subsequent resale and final placement of the Securities by financial intermediaries inter- mediaries can be made during the period in which a Succeeding Base Prospectus exists. In this case, the consent to the use of the Base Prospectus also applies to the use of the Succeeding Base ProspectusProspec- tus. The information about the relevant Underlying and/or the Basket Components consists of excerpts and summaries of publicly available sources, which may have been translated into the English languagelan- guage. The Issuer confirms that this information has been accurately reproduced and that – as far as the Issuer is aware and is able to ascertain from publicly available information – no facts have been omitted which would render the reproduced information, which may have been translated into the English language, inaccurate or misleading. Neither the Issuer nor the Offeror accepts any other or further responsibilities in respect of this information. In particular, neither the Issuer nor the Offeror accepts any responsibility for the accuracy of the information in relation to the relevant Underlying and/or the Basket Components or provide any guarantee that no event has occurred which might affect the accuracy or completeness of this information. The relevant Underlying is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects markdowns. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxxxx://xxxxxxx.xxx. Basket Component 1: xxx.xxxx.xxx Basket Component 2: xxx.xxxx.xxx Basket Component 3: xxx.xxxx.xxx‌‌ The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). • STOXX and its licensor do not make any warranty, express or implied, and disclaim any and all warranty about: • The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of EURO STOXX 50® Index and the data included in the EURO STOXX 50® Index and results not obtained; • The accuracy or completeness of the EURO STOXX 50® Index and its data; • The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50® Index and its data; • STOXX and its licensor will have no liability for any errors, omissions or interruptions in the EURO STOXX 50® Index or its data; • Under no circumstances will STOXX and its licensor be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its licensor knows that they might occur. The Settlement Amount under the Securities is calculated by reference to the Underlying, which is provided by the responsible administrator. As at the date of these Final Terms, the administrator is included in the register of administrators and benchmarks established and maintained by the European Securities and Markets Authority ("ESMA") pursuant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative characterisations char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more comprehensive com- prehensive discussion of the application of Section 871(m) to the Securities.