Common use of Introduction Clause in Contracts

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 2 contracts

Samples: assets.ctfassets.net, assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ64U86 WKN: GX5E45 Valor: 30258262 GQ64U8 Common Code: 181484225 181494107 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ64U86 WKN: GX5E45 Valor: 30258262 GQ64U8 Common Code: 181484225 181494107 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GH7F604 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH7F60 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 16, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2020 and 31 December 2020 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH7F604 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH7F60 (in thousands EUR) Year ended 31 December2020 (audited) Year ended 31 December2019 (audited) Income taxes -752 -814 Income after taxes / Net income for theyear 1,612 1,716 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Total assets 8,023,593 7,786,953 Capital and reserves 8,663 7,051 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Cash flows from operating activities 181 -1,782 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 Underlying: DAX 50 ESG PR EUR DAX® (Reuters Code: .DAXESGKPerformance Index) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ605Z8 WKN: GX5E45 Valor: 30258262 GQ605Z Common Code: 181484225 181491175 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2022 Year ended 31 December 2020 2021 (audited) (audited) Selected income statement data Income taxes -103 -462 -752 Income after taxes / Net income for the year 239 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Total assets 7,888,236 6,754,017 8,023,593 Capital and reserves 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ605Z8 WKN: GX5E45 Valor: 30258262 GQ605Z Common Code: 181484225 181491175 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 DE000GX5C332 WKN: GX5E45 GX5C33 Valor: 30258262 30258222 Common Code: 181484225 181484101 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 15 June 2022 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the German Banking Act nor in business operations as defined Issuer are held by Section 34 c of the German Industrial Code. The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5C332 WKN: GX5E45 GX5C33 Valor: 30258262 30258222 Common Code: 181484225 181484101 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ66T79 WKN: GX5E45 Valor: 30258262 GQ66T7 Common Code: 181484225 181972564 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch – HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ66T79 WKN: GX5E45 Valor: 30258262 GQ66T7 Common Code: 181484225 181972564 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR EURO STOXX® Banks (Price EUR) Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ650E9 WKN: GX5E45 Valor: 30258262 GQ650E Common Code: 181484225 181494280 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the 239 985 109 150 year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ650E9 WKN: GX5E45 Valor: 30258262 GQ650E Common Code: 181484225 181494280 Underlying: DAX 50 ESG PR EUR EURO STOXX® Banks (Price EUR) Index (Reuters Code: .DAXESGK.SX7E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR TOPIX (the "Securities"). ISIN: DE000GX5E452 DE000GQ61L15 WKN: GX5E45 Valor: 30258262 GQ61L1 Common Code: 181484225 181491981 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ61L15 WKN: GX5E45 Valor: 30258262 GQ61L1 Common Code: 181484225 181491981 Underlying: DAX 50 ESG PR EUR TOPIX (Reuters Code: .DAXESGK.TOPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR adidas AG (the "Securities"). ISIN: DE000GX5E452 DE000GX5KLK8 WKN: GX5E45 GX5KLK Valor: 30258262 41819715 Common Code: 181484225 181484560 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data The Issuer is subject to the following key risks: Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5KLK8 WKN: GX5E45 GX5KLK Valor: 30258262 41819715 Common Code: 181484225 181484560 Underlying: DAX 50 ESG PR EUR adidas AG (Reuters CodeISIN: .DAXESGKDE000A1EWWW0) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early, whereby the Settlement Amount equals the Nominal multiplied by the Settlement Factor applicable to the relevant Valuation Date.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR Volkswagen AG (the "Securities"). ISIN: DE000GX5E452 DE000GX0GU85 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GX0GU8 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 11, 2021. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2020 and 31 December 2019 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2020 and 31 December 2020 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX0GU85 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GX0GU8 (in thousands EUR) Year ended 31 December2020 (audited) Year ended 31 December2019 (audited) Income taxes -752 -814 Income after taxes / Net income for theyear 1,612 1,716 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Total assets 8,023,593 7,786,953 Capital and reserves 8,663 7,051 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Cash flows from operating activities 181 -1,782 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 Underlying: DAX 50 ESG PR EUR Volkswagen AG (Reuters CodeISIN: .DAXESGKDE0007664039) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ65YB9 WKN: GX5E45 Valor: 30258262 GQ65YB Common Code: 181484225 181976969 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ65YB9 WKN: GX5E45 Valor: 30258262 GQ65YB Common Code: 181484225 181976969 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount OneStep Securities linked to the DAX 50 ESG PR EUR Siemens Energy AG (the "Securities"). ISIN: DE000GX5E452 DE000GX5YYG0 WKN: GX5E45 GX5YYG Valor: 30258262 41819426 Common Code: 181484225 181488883 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 7 June 2022 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). HGB).‌ Summary information – income statement (in thousands EUREUR)‌‌ Year ended 31 December 2022 (audited) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -103 -462 -752 Income after taxes / Net income for the year year‌‌ 239 985 1,612 Summary information – balance sheet (in thousands EUREUR)‌‌ As at 31 December 2022 (audi- ted) As at 31 December 2021 As at 31 December 2020 (audited) (auditedaudi- ted) Total assets assets‌‌ 7,888,236 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2022 (audi- ted)‌‌ As at 31 December 2021 As at 31 December 2020 (audited) (auditedaudi- ted) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewiththere- with, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed ex- posed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly di- rectly result in an insolvency of GSW. GSW.‌ • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount OneStep Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5YYG0 WKN: GX5E45 GX5YYG Valor: 30258262 41819426 Common Code: 181484225 181488883 Underlying: DAX 50 ESG PR EUR Siemens Energy AG (Reuters CodeISIN: .DAXESGKDE000ENER6Y0) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 5,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. OneStep Securities are linked to the performance of the Underlying. The Security Holder receives a Settlement Amount (cash amount in the Settlement Currency or delivery of the Underlying) on the Settlement Date, determined as follows: (i) If the Reference Price is equal to or above the Strike, the Security Holder receives the OneStep Amount. The OneStep Amount is the maximum amount that the Security Holder may receive as a Settlement Amount. (ii) If the Reference Price is below the Strike, the Security Holder receives delivery of a certain number of the Underlying expressed by the Physical Delivery Unit. Fractions of the Underlying are not delivered, but are compensated by a cash payment, the so-called Fractional Cash Amount. Calculation Amount: EUR 1,000.00‌ Initial Reference Price: Underlying Price on the Initial Valuation Date Initial Valuation Date: 25 August 2023‌ OneStep Amount: EUR 1,500.00 Physical Delivery Unit: Calculation Amount divided by the Initial Reference Price Strike: 90.00 per cent. of the Initial Reference Price‌ Settlement Date: Fifth (5th) Payment Date following the Final Valuation Date or, in case of a termination by the Issuer, following the Termination Date. Final Valuation Date: 25 February 2026 Reference Price: Underlying Price on the Final Valuation Date Exchange(s): XETRA‌ Underlying Price: The official closing price of the Underlying as determined at and published by the Exchange. Relative seniority of the Securities‌ The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF‌ Frankfurt Stock Exchange. Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of Goldman Sachs International. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of Goldman Sachs International. Brief description of the Guarantor‌ Goldman Sachs International Legal Entity Identifier (LEI): W22LROWP2IHZNBB6K52. Goldman Sachs International is registered as a private unlimited liability company in England and Wales with the Registrar of Companies since 25 February 1994 (registration number 02263951). The business address of the directors of Goldman Sachs International is London, Xxxxxxxx Xxxxx, 00 Xxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx. Relevant key financial information of the Guarantor The following tables show selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Guarantor which is derived from the audited consolidated financial state- ments as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and the unaudited consolidated financial statements for the period ended 31 March 2023: Summary information – income statement Year ended‌‌‌ 31 December 2022 (audi- ted) Year ended 31 December 2021 (audited) Three months ended 31 March 2023 (unaudited) Three months ended 31 March 2022 (unaudited) (in millions USD, except for share amounts) Selected income statement data Total interest income‌‌‌ 7,981 3,448 N/A N/A Non-interest income1‌‌‌‌ 12,430 11,414 3,567 3,711 Profit before taxation‌‌‌‌ 4,974 3,552 1,384 1,984 Operating profit‌ N/A N/A N/A N/A Dividend per share‌ N/A N/A N/A N/A

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GF9VNZ3 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF9VNZ The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GF9VNZ3 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF9VNZ Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Reuters Code: .DAXESGKPrice EUR) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number number‌ The present securities are Discount Securities Best of Certificates linked to the DAX 50 ESG PR EUR a Basket of Shares (Allianz SE, BASF SE and Siemens AG) (the "Securities"). ISIN: DE000GX5E452 DE000GQ6SR01 WKN: GX5E45 Valor: 30258262 GQ6SR0 Common Code: 181484225 181981300 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 6 June 2022 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director directors (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is are Xxxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 taxes‌‌ -113 -103 Income after taxes / Net income for the year 985 1,612 year‌‌ 222 239 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 assets‌‌ 6,085,324 7,888,236 Capital and reserves 9,648 8,663 reserves‌‌ 3,109 9,887 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) audited)‌‌ (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 activities‌‌ -7,000 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Securities Best of Certificates linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6SR01 WKN: GX5E45 Valor: 30258262 GQ6SR0 Common Code: 181484225 181981300 Underlying: DAX 50 ESG PR EUR Basket of Shares: Basket Component 1: Allianz SE (Reuters CodeISIN: .DAXESGKDE0008404005) Basket Component 2: BASF SE (ISIN: DE000BASF111) Basket Component 3: Siemens AG (ISIN: DE0007236101) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 5,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR Capgemini SE (the "Securities"). ISIN: DE000GX5E452 DE000GH9VAZ8 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH9VAZ The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 11, 2021. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2020 and 31 December 2019 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2020 and 31 December 2020 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH9VAZ8 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH9VAZ (in thousands EUR) Year ended 31 December2020 (audited) Year ended 31 December2019 (audited) Income taxes -752 -814 Income after taxes / Net income for theyear 1,612 1,716 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Total assets 8,023,593 7,786,953 Capital and reserves 8,663 7,051 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Cash flows from operating activities 181 -1,782 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 Underlying: DAX 50 ESG PR EUR Capgemini SE (Reuters CodeISIN: .DAXESGKFR0000125338) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ61FD3 WKN: GX5E45 Valor: 30258262 GQ61FD Common Code: 181484225 181491825 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ61FD3 WKN: GX5E45 Valor: 30258262 GQ61FD Common Code: 181484225 181491825 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6P1K1 WKN: GX5E45 Valor: 30258262 GQ6P1K Common Code: 181484225 181976977 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such each case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were What is the independent auditors of the Issuer and have audited the historical key financial information of regarding the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. Issuer?‌ The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 taxes‌‌ -113 -103 Income after taxes / Net income for the year 985 1,612 year‌‌ 222 239 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 assets‌‌ 6,085,324 7,888,236 Capital and reserves 9,648 8,663 reserves‌‌ 3,109 9,887 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 activities‌‌ 2,439 1,518 Cash flows from financing activities 0 activities‌‌ -7,000 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. GSW.‌ • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6P1K1 WKN: GX5E45 Valor: 30258262 GQ6P1K Common Code: 181484225 181976977 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Bonus Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GF99HD2 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF99HD The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GF99HD2 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF99HD Underlying: DAX 50 ESG PR EUR DAX® (Reuters Code: .DAXESGKPerformance Index) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ6PB02 WKN: GX5E45 Valor: 30258262 GQ6PB0 Common Code: 181484225 181977183 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6PB02 WKN: GX5E45 Valor: 30258262 GQ6PB0 Common Code: 181484225 181977183 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Quanto Autocallable Securities linked to the DAX 50 ESG PR EUR BYD Company Limited (the "Securities"). ISIN: DE000GX5E452 DE000GQ6S0Z8 WKN: GX5E45 GQ6S0Z Valor: 30258262 41820399 Common Code: 181484225 Code:198693731 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. x Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6S0Z8 WKN: GX5E45 GQ6S0Z Valor: 30258262 41820399 Common Code: 181484225 198693731 Underlying: DAX 50 ESG PR EUR BYD Company Limited (Reuters CodeISIN: .DAXESGKCNE100000296) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 100,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

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Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR One Troy Ounce of 0.995 Fine Gold, LBMA Gold Price PM (the "Securities"). ISIN: DE000GX5E452 DE000GQ6NM43 WKN: GX5E45 Valor: 30258262 GQ6NM4 Common Code: 181484225 163609754 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 7 June 2022 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped Income taxes -113 -103 Income after taxes / Net income for the year 222 239 Total assets 6,085,324 7,888,236 Capital and reserves 3,109 9,887 Cash flows from operating activities 2,439 1,518 Cash flows from financing activities -7,000 0 Cash flows from investing activities 0 0 with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSIGSI ") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. x Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6NM43 WKN: GX5E45 Valor: 30258262 GQ6NM4 Common Code: 181484225 163609754 Underlying: DAX 50 ESG PR EUR One Troy Ounce of 0.995 Fine Gold, LBMA Gold Price PM (Reuters Code: .DAXESGKXAUFIXPM=) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 Securities USD 15,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

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Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Fixed Rate Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 DE000GX5LS95 WKN: GX5E45 Valor: 30258262 GX5LS9 Common Code: 181484225 181486317 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (BestätigungsvermerkBestätigungsver- merk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 and from the unaudited half year report for the six months ended 30 June 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended Year ended Six months ended Six months 31 December 2021 Year ended 31 December 30 June ended 30 June 2021 (audited) 2020 (audited) 2022 (auditedunaudited) 2021 (unaudited) Selected income statement data Income taxes -462 -752 -70 -357 Income after taxes / Net income 985 1,612 150 762 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December As at 30 June 2022 (un- 2021 (audited) 2020 (audited) (audited) Total assets 6,754,017 8,023,593 8,639,043 Capital and reserves 9,648 8,663 9,798 Summary information – cash flow (in thousands EUR) As at 31 December 2021 (audited) As at 31 December 2020 (audited) As at 30 June 2022 (un- audited) Cash flows from operating activities activi- 3,318 181 -1,943 ties Cash flows from financing activities activi- 0 0 0 ties Cash flows from investing activities activi- 0 0 0 ties The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewiththere- with, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed ex- posed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly di- rectly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the UnderlyingFixed Rate Securities. ISIN: DE000GX5E452 DE000GX5LS95 WKN: GX5E45 Valor: 30258262 GX5LS9 Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) 181486317 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 90,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment In the case of Fixed Rate Securities, the Security Holder receives at maturity a Settlement Amount equal to the Calculation Amount , subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Calculation Amount and the coupon, i.e. the Fixed Coupon Rate. Settlement Date: 20 March 2026 Fixed Coupon Rate: The Fixed Coupon Rate is 3.10 per cent. p.a. Business Day Convention: If the Coupon Payment Date falls on a date which is not a Payment Date, then the Security Holder shall not be entitled to payment until the next such Payment Date in the relevant place. The Security Holder shall not be entitled to further interest or other payment in respect of such delay nor, as the case may be, shall the amount of interest to be paid be reduced due to such deferment. Calculation Amount: EUR 1,000.00 Coupon Amount: Calculation Amount multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): Annually on the 20th of each March, starting on 20 March 2024 up to and including the scheduled Settlement Date, each subject to the Business Day Convention. Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Munich Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of The Goldman Sachs Group, Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Guarantor The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021: Summary information – income statement (in millions USD, except per share amounts) Year ended 31 December 2022 (audited) Year ended 31 December 2021 (audited) Selected income statement data Net interest income 7,678 6,470 Commissions and fees 4,034 3,590 Provision for credit losses 2,715 357 Total net revenues 47,365 59,339 Pre-tax earnings 13,486 27,044 Net earnings applicable to common 10,764 21,151 shareholders Earnings per common share (basic) 30.42 60.25 Summary information – balance sheet (in millions USD) As of 31 December 2022 As of 31 December 2021 (audited) (audited) Total assets 1,441,799 1,463,988 Unsecured borrowings excluding 295,163 284,155 subordinated borrowings Subordinated borrowings 12,936 16,892 Customer and other receivables 135,448 160,673 Customer and other payables 262,045 251,931 Total liabilities and shareholders’ equity 1,441,799 1,463,988 (in percent) Common Equity Tier 1 (CET1) capital ratio 15.0 14.2 (Standardized) Total capital ratio (Standardized) 19.1 17.9 Tier 1 leverage ratio 7.3 7.3 Most material risk factors pertaining to the Guarantor The Guarantor is subject to the following key risks: • Security Holders are exposed to the creditworthiness of GSG as guarantor of the Securities. GSG faces a variety of risks that are substantial and inherent in its businesses, including the following risks: Market risks, liquidity risks, credit risks, market developments and general business environment risks, operational risks, legal and regulatory risks and competition risks. If one of these risks materializes this may negatively affect GSG's earnings and/or finan- cial condition and, therefore, its ability to fulfil payment obligations as Guarantor under the Securities. In the event that neither GSW nor GSG are able to fulfil their obligations under the Securities the security holder may suffer a loss or even a total loss. The specific risk factors related to the Securities are described below: • In the case of Fixed Rate Securities, the Settlement Amount at the end of the term equals the Calculation Amount. The risk of loss to the Security Holder is accordingly limited to the difference between the capital invested to purchase the Securities (including transaction costs incurred) and the Calculation Amount plus coupon payments. However, the Security Holder remains exposed to the risks of the Issuer and the Guarantor, so the Security Holder may lose all the capital invested to purchase the Securities (including transaction costs incurred) on an insolvency of the Issuer and the Guarantor. For this reason among others, Fixed Rate Securities may be traded during their term at a price below the Calculation Amount. Security Holders may therefore not rely on being able to sell their purchased Securi- ties at any time during the term at a price equal to or above the Calculation Amount. • The Securities provide during their term for a fixed coupon which is specified at the time of issuance. The Security Holder does not participate in an increase in market interest rates. In the case of increasing market interest rates, there is the risk with Securities with a fixed coupon that the price of the Securities may decrease during the term. • The Conditions of the Securities may provide for extraordinary termination by the Issuer in certain cases so that the Security Holder bears a risk of loss as the termination amount may be below the market price of the Securities. The Security Holder also bears the reinvestment risk in relation to the termination amount. • Security Holders bear the risk that the Securities cannot be sold at a specific time or at a specific price during their term. • Security Holders bear the risk of loss due to the tax treatment of the Securities. In addition, the tax assessment of the Securities may change. This may have a significant adverse effect on the price and redemption of the Securities and the payment under the Securities. General terms, conditions and expected timetable of the offer Start of offer in Germany: 20 March 2023 Start of offer in Austria: 20 March 2023 Issue Price: EUR 1,000.00 Issue Date: 20 March 2023 Estimate of the total expenses charged to the investor The product-specific entry costs included in the Issue Price are EUR 25.00. These costs are calculated based on the Issue Price above; for any costs at the time of the purchase of the Securities the cost disclosure under Directive 2014/65/EU and Commission Delegated Regulation (EU) 0000/000 (XxXXX II Cost Disclosure) is relevant. The calculation of costs may change over the term of the Securities. The MiFID II Cost Disclosure includes also non-product specific costs which may be charged by a third party to the investor which have to be separately disclosed by the third party. Offeror See the item entitled "The Offeror(s)" above. Use and estimated net amount of the proceeds The proceeds from the Securities are used to hedge the payment obligations arising from the issuance of the Securities pursuant with agreement with Goldman Sachs International and for purposes of the Issuer's ordinary business activities (in any case the Issuer is free in the use of the proceeds of an issue of Securities). Date of underwriting agreement 20 March 2023

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ605V7 WKN: GX5E45 Valor: 30258262 GQ605V Common Code: 181484225 181491132 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). HGB).‌ Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2022 Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -103 -462 -752 Income after taxes / Net income for the year year‌‌ 239 985 1,612 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2022 As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets assets‌‌ 7,888,236 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2022 As at 31 December 2021 As at 31 December 2020 (audited) audited)‌‌ (audited) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. GSW.‌ • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ605V7 WKN: GX5E45 Valor: 30258262 GQ605V Common Code: 181484225 181491132 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Bonus Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX123M1 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GX123M The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 11, 2021. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2020 and 31 December 2019 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2020 and 31 December 2020 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX123M1 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GX123M (in thousands EUR) Year ended 31 December2020 (audited) Year ended 31 December2019 (audited) Income taxes -752 -814 Income after taxes / Net income for theyear 1,612 1,716 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Total assets 8,023,593 7,786,953 Capital and reserves 8,663 7,051 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Cash flows from operating activities 181 -1,782 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Reuters Code: .DAXESGKPrice EUR) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ64DU6 WKN: GX5E45 Valor: 30258262 GQ64DU Common Code: 181484225 Code:181493879 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ64DU6 WKN: GX5E45 Valor: 30258262 GQ64DU Common Code: 181484225 181493879 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ69Z29 WKN: GX5E45 Valor: 30258262 GQ69Z2 Common Code: 181484225 181975750 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ69Z29 WKN: GX5E45 Valor: 30258262 GQ69Z2 Common Code: 181484225 181975750 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GF97YL4 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF97YL The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GF97YL4 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF97YL Underlying: DAX 50 ESG PR EUR DAX® (Reuters Code: .DAXESGKPerformance Index) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GF9VLR4 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF9VLR The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GF9VLR4 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF9VLR Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Reuters Code: .DAXESGKPrice EUR) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Quanto Autocallable Securities linked to the DAX 50 ESG PR EUR Xxxxxx.xxx, Inc. (the "Securities"). ISIN: DE000GX5E452 DE000GX5QLC2 WKN: GX5E45 GX5QLC Valor: 30258262 34129758 Common Code: 181484225 163600722 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (BestätigungsvermerkBestätigungsver- merk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 and from the unaudited half year report for the six months ended 30 June 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended Year ended Six months ended Six months 31 December 2021 Year ended 31 December 30 June ended 30 June 2021 (audited) 2020 (audited) 2022 (auditedunaudited) 2021 (unaudited) Selected income statement data Income taxes -462 -752 -70 -357 Income after taxes / Net income 985 1,612 150 762 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December As at 30 June 2022 (un- 2021 (audited) 2020 (audited) (audited) Total assets 6,754,017 8,023,593 8,639,043 Capital and reserves 9,648 8,663 9,798 Summary information – cash flow (in thousands EUR) As at 31 December 2021 (audited) As at 31 December 2020 (audited) As at 30 June 2022 (un- audited) Cash flows from operating activities activi- 3,318 181 -1,943 ties Cash flows from financing activities activi- 0 0 0 ties Cash flows from investing activities activi- 0 0 0 ties The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewiththere- with, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed ex- posed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly di- rectly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5QLC2 WKN: GX5E45 GX5QLC Valor: 30258262 34129758 Common Code: 181484225 163600722 Underlying: DAX 50 ESG PR EUR Xxxxxx.xxx, Inc. (Reuters CodeISIN: .DAXESGKUS0231351067) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities EUR 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6PBS8 WKN: GX5E45 Valor: 30258262 GQ6PBS Common Code: 181484225 181977345 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6PBS8 WKN: GX5E45 Valor: 30258262 GQ6PBS Common Code: 181484225 181977345 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ68Z95 WKN: GX5E45 Valor: 30258262 GQ68Z9 Common Code: 181484225 181974982 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) EUR)‌‌‌‌ Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes taxes‌‌‌‌ -103 -462 -752 -60 -70 Income after taxes / Net income for the year year‌‌‌‌ 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets assets‌‌‌ 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves reserves‌‌‌ 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited)‌‌‌ 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities activities‌‌ 0 0 -7,000 Cash flows from investing activities activities‌ 0 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ68Z95 WKN: GX5E45 Valor: 30258262 GQ68Z9 Common Code: 181484225 181974982 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX5DYU5 WKN: GX5E45 GX5DYU Valor: 30258262 30258255 Common Code: 181484225 181484195 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -462 -752 Income after taxes / Net income for the year year‌‌ 985 1,612 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets assets‌‌ 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities activities‌‌ 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. investors.‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5DYU5 WKN: GX5E45 GX5DYU Valor: 30258262 30258255 Common Code: 181484225 181484195 Underlying: DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (Reuters Code: .DAXESGK.SDGP) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early, whereby the Settlement Amount equals the Nominal multiplied by the Underlying Performance on the Valuation Date on which the Early Settlement Event has occurred or the Nominal multiplied by the Settlement Factor, which corresponds to the respective Valuation Date on which the Early Settlement Event has occurred, whichever amount is greater. If an early redemption does not occur, the performance of the Underlying determines the level of the Settlement Amount: (i) If the Reference Price is equal to or above the Final Settlement Level, the Settlement Amount is the Nominal multiplied by the Final Settlement Factor or the Nominal multiplied by the Performance of the Underlying, whichever amount is greater. (ii) If the Reference Price is below the Final Settlement Level, but no Barrier Event has occurred, the Settlement Amount is equal to the Nominal. (iii) If the Reference Price is below the Final Settlement Level and a Barrier Event has occurred, the Settlement Amount is equal to the Nominal multiplied by the Performance of the Underlying. A "Barrier Event" occurs if the Observation Price falls below the Barrier on the Final Valuation Date. Barrier: 50.00 per cent. of the Initial Reference Price‌ Final Settlement Factor: 160.00 per cent. Final Settlement Level: 100.00 per cent. of the Initial Reference Price Initial Reference Price: Underlying Price on the Initial Valuation Date‌ Initial Valuation Date: 29 July 2022 (subject to an adjustment of the subscription period) Nominal: EUR 1,000.00‌ Performance of the Underlying: Reference Price divided by the Initial Reference Price Settlement Factor: The Settlement Factor on the respective Valuation Date is as follows:‌ Valuation Date (1): 106.00 per cent. Valuation Date (2): 112.00 per cent. Valuation Date (3): 118.00 per cent. Valuation Date (4): 124.00 per cent. Valuation Date (5): 130.00 per cent. Valuation Date (6): 136.00 per cent. Valuation Date (7): 142.00 per cent. Valuation Date (8): 148.00 per cent. Valuation Date (9): 154.00 per cent. Settlement Level: 100.00 per cent. of the Initial Reference Price Settlement Date: Fifth (5th) Payment Date following the Final Valuation Date or, in case of an Early Settlement Event, following the respective Valuation Date on which the Early Settlement Event has occurred. Final Valuation Date: 29 July 2032 Valuation Dates: Valuation Date (1): 31 July 2023 Valuation Date (2): 29 July 2024 Valuation Date (3): 29 July 2025 Valuation Date (4): 29 July 2026 Valuation Date (5): 29 July 2027 Valuation Date (6): 31 July 2028 Valuation Date (7): 30 July 2029 Valuation Date (8): 29 July 2030 Valuation Date (9): 29 July 2031 Reference Price: Underlying Price on the Final Valuation Date Index Sponsor: STOXX Limited‌‌ Underlying Performance: Underlying Price on the respective Valuation Date divided by the Initial Reference Price Underlying Price: The official closing price of the Underlying as calculated and published by the Index Sponsor.‌ Observation Price: The Underlying Price on the Final Valuation Date. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF‌ Frankfurt Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of Goldman Sachs International. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of Goldman Sachs International. Brief description of the Guarantor‌ Goldman Sachs International Legal Entity Identifier (LEI): W22LROWP2IHZNBB6K52. Goldman Sachs International is registered as a private unlimited liability company in England and Wales with the Registrar of Companies since 25 February 1994 (registration number 02263951). The business address of the directors of Goldman Sachs International is London, Xxxxxxxx Xxxxx, 00 Xxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6QL74 WKN: GX5E45 Valor: 30258262 GQ6QL7 Common Code: 181484225 181978627 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6QL74 WKN: GX5E45 Valor: 30258262 GQ6QL7 Common Code: 181484225 181978627 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ62PF5 WKN: GX5E45 Valor: 30258262 GQ62PF Common Code: 181484225 181493224 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ62PF5 WKN: GX5E45 Valor: 30258262 GQ62PF Common Code: 181484225 181493224 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX5BS55 WKN: GX5E45 GX5BS5 Valor: 30258262 30258188 Common Code: 181484225 181483911 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 15 June 2022 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the German Banking Act nor in business operations as defined Issuer are held by Section 34 c of the German Industrial Code. The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5BS55 WKN: GX5E45 GX5BS5 Valor: 30258262 30258188 Common Code: 181484225 181483911 Underlying: DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (Reuters Code: .DAXESGK.SDGP) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early, whereby the Settlement Amount equals the Nominal multiplied by the Underlying Performance on the Valuation Date on which the Early Settlement Event has occurred or the Nominal multiplied by the Settlement Factor, which corresponds to the respective Valuation Date on which the Early Settlement Event has occurred, whichever amount is greater. If an early redemption does not occur, the performance of the Underlying determines the level of the Settlement Amount: (i) If the Reference Price is equal to or above the Final Settlement Level, the Settlement Amount is the Nominal multiplied by the Final Settlement Factor or the Nominal multiplied by the Performance of the Underlying, whichever amount is greater. (ii) If the Reference Price is below the Final Settlement Level, but no Barrier Event has occurred, the Settlement Amount is equal to the Nominal. (iii) If the Reference Price is below the Final Settlement Level and a Barrier Event has occurred, the Settlement Amount is equal to the Nominal multiplied by the Performance of the Underlying. A "Barrier Event" occurs if the Observation Price falls below the Barrier on the Final Valuation Date. Barrier: 52.00 per cent. of the Initial Reference Price Final Settlement Factor: 160.00 per cent. Final Settlement Level: 100.00 per cent. of the Initial Reference Price Initial Reference Price: Underlying Price on the Initial Valuation Date Initial Valuation Date: 24 June 2022 (subject to an adjustment of the subscription period) Nominal: EUR 1,000.00 Performance of the Underlying: Reference Price divided by the Initial Reference Price Settlement Factor: The Settlement Factor on the respective Valuation Date is as follows: Valuation Date (1): 106.00 per cent. Valuation Date (2): 112.00 per cent. Valuation Date (3): 118.00 per cent. Valuation Date (4): 124.00 per cent. Valuation Date (5): 130.00 per cent. Valuation Date (6): 136.00 per cent. Valuation Date (7): 142.00 per cent. Valuation Date (8): 148.00 per cent. Valuation Date (9): 154.00 per cent. Settlement Level: 100.00 per cent. of the Initial Reference Price Settlement Date: Fifth (5th) Payment Date following the Final Valuation Date or, in case of an Early Settlement Event, following the respective Valuation Date on which the Early Settlement Event has occurred. Final Valuation Date: 24 June 2032 Valuation Dates: Valuation Date (1): 26 June 2023 Valuation Date (2): 24 June 2024 Valuation Date (3): 24 June 2025 Valuation Date (4): 24 June 2026 Valuation Date (5): 24 June 2027 Valuation Date (6): 26 June 2028 Valuation Date (7): 25 June 2029 Valuation Date (8): 24 June 2030 Valuation Date (9): 24 June 2031 Reference Price: Underlying Price on the Final Valuation Date Index Sponsor: STOXX Limited Underlying Performance: Underlying Price on the respective Valuation Date divided by the Initial Reference Price Underlying Price: The official closing price of the Underlying as calculated and published by the Index Sponsor. Observation Price: The Underlying Price on the Final Valuation Date. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Frankfurt Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of Goldman Sachs International. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of Goldman Sachs International. Brief description of the Guarantor Goldman Sachs International Legal Entity Identifier (LEI): W22LROWP2IHZNBB6K52. Goldman Sachs International is registered as a private unlimited liability company in England and Wales with the Registrar of Companies since 25 February 1994 (registration number 02263951). The business address of the directors of Goldman Sachs International is London, Xxxxxxxx Xxxxx, 00 Xxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ67EH4 WKN: GX5E45 Valor: 30258262 GQ67EH Common Code: 181484225 181981342 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ67EH4 WKN: GX5E45 Valor: 30258262 GQ67EH Common Code: 181484225 181981342 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Bonus Securities linked to the DAX 50 ESG PR EUR Volkswagen AG (the "Securities"). ISIN: DE000GX5E452 DE000GH0XCF1 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH0XCF The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH0XCF1 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH0XCF Underlying: DAX 50 ESG PR EUR Volkswagen AG (Reuters CodeISIN: .DAXESGKDE0007664039) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.gs.de

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GH3BYT6 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH3BYT The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 16, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH3BYT6 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH3BYT Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Reuters Code: .DAXESGKPrice EUR) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ605X3 WKN: GX5E45 Valor: 30258262 GQ605X Common Code: 181484225 181491167 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). HGB).‌ Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2022 Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -103 -462 -752 Income after taxes / Net income for the year year‌‌ 239 985 1,612 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2022 As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets assets‌‌ 7,888,236 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2022 As at 31 December 2021 As at 31 December 2020 (audited) audited)‌‌ (audited) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. GSW.‌ • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ605X3 WKN: GX5E45 Valor: 30258262 GQ605X Common Code: 181484225 181491167 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ6S3J6 WKN: GX5E45 Valor: 30258262 GQ6S3J Common Code: 181484225 181979992 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6S3J6 WKN: GX5E45 Valor: 30258262 GQ6S3J Common Code: 181484225 181979992 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ615U8 WKN: GX5E45 Valor: 30258262 GQ615U Common Code: 181484225 Code:181491639 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ615U8 WKN: GX5E45 Valor: 30258262 GQ615U Common Code: 181484225 181491639 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Capped Bonus Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GF9D151 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF9D15 The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GF9D151 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF9D15 Underlying: DAX 50 ESG PR EUR DAX® (Reuters Code: .DAXESGKPerformance Index) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Bonus Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GH1A7K9 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH1A7K The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH1A7K9 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH1A7K Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Reuters Code: .DAXESGKPrice EUR) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number number‌ The present securities are Discount Fixed Rate Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 DE000GX5Z4C7‌ WKN: GX5E45 Valor: 30258262 GX5Z4C Common Code: 181484225 181489057 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such each case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were What is the independent auditors of the Issuer and have audited the historical key financial information of regarding the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. Issuer?‌ The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUREUR)‌‌ Year ended 31 December 2022 (au- dited) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (auditedau- dited) Selected income statement data Income taxes taxes‌‌ -103 -462 -752 Income after taxes / Net income for the year year‌‌ 239 985 1,612 Summary information – balance sheet (in thousands EUREUR)‌‌ As at 31 December 2022 (audited) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets assets‌‌ 7,888,236 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,887 9,648 8,663 Summary information – cash flow (in thousands EUREUR)‌‌ As at 31 December 2022 (audited) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities activities‌‌ 1,518 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity il- liquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Securities linked to the UnderlyingFixed Rate Securities. ISIN: DE000GX5E452 DE000GX5Z4C7‌ WKN: GX5E45 Valor: 30258262 GX5Z4C Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) 181489057 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 200,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment‌ In the case of Fixed Rate Securities, the Security Holder receives at maturity a Settlement Amount equal to the Calculation Amount , subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Calculation Amount and the coupon, i.e. the Fixed Coupon Rate. Settlement Date: 1 August 2024 Fixed Coupon Rate: The Fixed Coupon Rate is 3.00 per cent. p.a. Calculation Amount: EUR 100.00‌ Coupon Amount: Calculation Amount multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): 1 August 2024 Relative seniority of the Securities‌ The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities‌ Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF‌ Munich Stock Exchange Nature and scope of the guarantee‌ The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of The Goldman Sachs Group, Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Guarantor‌ The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor‌ The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and the unaudited consolidated financial statements for the period ended 31 March 2023: Summary information – income statement (in millions USD, except per share‌‌‌‌ Year ended 31 Year ended 31 3-month- 3-month- amounts) December December period ended period ended 2022 (audited) 2021 (audited) 31 March 2023 31 March 2022 (unaudited) (unaudited) Selected income statement data Net interest income‌‌‌‌ 7,678 6,470 1,781 1,827 Commissions and fees‌‌‌‌ 4,034 3,590 1,088 1,003 Provision for credit losses‌‌‌‌ 2,715 357 -171 561 Total net revenues‌‌‌‌ 47,365 59,339 12,224 12,933 Pre-tax earnings‌‌‌‌ 13,486 27,044 3,993 4,656 Net earnings applicable to common‌‌‌‌ 10,764 21,151 3,087 3,831 shareholders Earnings per common share (basic)‌‌‌‌ 30.42 60.25 8.87 10.87 Summary information – balance sheet (in millions USD)‌‌‌ As of 31 December As of 31 December As of 31 March 2023 2022 (audited) 2021 (audited) (unaudited) Total assets‌‌‌ 1,441,799 1,463,988 1,538,349 Unsecured borrowings excluding‌‌‌ 295,163 284,155 292,087 subordinated borrowings Subordinated borrowings‌‌‌ 12,936 16,892 13,310 Customer and other receivables‌‌‌ 135,448 160,673 144,633 Customer and other payables‌‌‌ 262,045 251,931 266,301 Total liabilities and shareholders’ equity‌‌‌ 1,441,799 1,463,988 1,538,349 (in per cent.) Common Equity Tier 1 (CET1) capital ratio (standardized)‌‌‌ 15.0 14.2 14.8 Total capital ratio (standardized)‌‌‌ 19.1 17.9 18.8 Tier 1 leverage ratio‌‌ 7.3 7.3 7.2 Most material risk factors pertaining to the Guarantor‌ The Guarantor is subject to the following key risks: • Security Holders are exposed to the creditworthiness of GSG as guarantor of the Securities. GSG faces a variety of risks that are substantial and inherent in its businesses, including the following risks: Market risks, liquidity risks, credit risks, market developments and general business environment risks, operational risks, legal and regulatory risks and competition risks. If one of these risks materializes this may negatively affect GSG's earnings and/or finan- cial condition and, therefore, its ability to fulfil payment obligations as Guarantor under the Securities. In the event that neither GSW nor GSG are able to fulfil their obligations under the Securities the security holder may suffer a loss or even a total loss. The specific risk factors related to the Securities are described below:‌ • In the case of Fixed Rate Securities, the Settlement Amount at the end of the term equals the Calculation Amount. The risk of loss to the Security Holder is accordingly limited to the difference between the capital invested to purchase the Securities (including transaction costs incurred) and the Calculation Amount plus coupon payments. However, the Security Holder remains exposed to the risks of the Issuer and the Guarantor, so the Security Holder may lose all the capital invested to purchase the Securities (including transaction costs incurred) on an insolvency of the Issuer and the Guarantor. For this reason among others, Fixed Rate Securities may be traded during their term at a price below the Calculation Amount. Security Holders may therefore not rely on being able to sell their purchased Securi- ties at any time during the term at a price equal to or above the Calculation Amount. • The Securities provide during their term for a fixed coupon which is specified at the time of issuance. The Security Holder does not participate in an increase in market interest rates. In the case of increasing market interest rates, there is the risk with Securities with a fixed coupon that the price of the Securities may decrease during the term. • The Conditions of the Securities may provide for extraordinary termination by the Issuer in certain cases so that the Security Holder bears a risk of loss as the termination amount may be below the market price of the Securities. The Security Holder also bears the reinvestment risk in relation to the termination amount. • Security Holders bear the risk that the Securities cannot be sold at a specific time or at a specific price during their term. • Security Holders bear the risk of loss due to the tax treatment of the Securities. In addition, the tax assessment of the Securities may change. This may have a significant adverse effect on the price and redemption of the Securities and the payment under the Securities. General terms, conditions and expected timetable of the offer‌ Start of offer in Germany: 1 August 2023 Start of offer in Austria: 1 August 2023 Issue Price: EUR 100.00‌ Issue Date: 1 August 2023 Estimate of the total expenses charged to the investor‌ The product-specific entry costs included in the Issue Price are EUR 0.80. These costs are calculated based on the Issue Price above; for any costs at the time of the purchase of the Securities the cost disclosure under Directive 2014/65/EU and Commission Delegated Regulation (EU) 0000/000 (XxXXX II Cost Disclosure) is relevant. The calculation of costs may change over the term of the Securities. The MiFID II Cost Disclosure includes also non-product specific costs which may be charged by a third party to the investor which have to be separately disclosed by the third party. Offeror‌ See the item entitled "The Offeror(s)" above. Use and estimated net amount of the proceeds‌ The proceeds from the Securities are used to hedge the payment obligations arising from the issuance of the Securities pursuant with agreement with Goldman Sachs International and for purposes of the Issuer's ordinary business activities (in any case the Issuer is free in the use of the proceeds of an issue of Securities). Date of underwriting agreement‌ 1 August 2023

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Reverse Convertible Securities linked to the DAX 50 ESG PR EUR Bayer AG (the "Securities"). ISIN: DE000GX5E452 DE000GQ668L6 WKN: GX5E45 GQ668L Valor: 30258262 34129672 Common Code: 181484225 163608677 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 7 June 2022 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 (auditedaudi- 2021 (audi- June 2023 June 2022 ted) ted) (auditedunaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 (audited) As at 31 December 2020 2021 (audited) As at 30 June 2023 (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity il- liquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Reverse Convertible Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ668L6 WKN: GX5E45 GQ668L Valor: 30258262 34129672 Common Code: 181484225 163608677 Underlying: DAX 50 ESG PR EUR Bayer AG (Reuters CodeISIN: .DAXESGKDE000BAY0017) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities EUR 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. Reverse Convertible Securities are linked to the performance of the Underlying. The Security Holder receives a Settlement Amount (cash amount in the Settlement Currency or delivery of the Underlying) on the Settlement Date, determined as follows: (i) If the Reference Price is at or above the Strike, the Security Holder receives the Nominal. The Nominal is the maximum amount that the Security Holder may receive as a Settlement Amount. (ii) If the Reference Price is below the Strike, the Security Holder receives delivery of a certain number of the Underlying expressed by the Physical Delivery Unit. Fractions of the Underlying are not delivered, but are compensated by a cash payment, the so-called Fractional Cash Amount. Furthermore, the Security Holder receives a Coupon Amount on the Coupon Payment Date(s), which will be calculated on the basis of the Coupon. The coupon payment is independent of the performance of the Underlying. Coupon: The Coupon is 7.45 per cent. p.a. Coupon Amount: Nominal multiplied by the Coupon considering the Coupon Day Count Fraction (30/360) Initial Reference Price: Underlying Price on the Initial Valuation Date Initial Valuation Date: 1 March 2024 Nominal: EUR 1,000.00 Physical Delivery Unit: Nominal divided by the Strike Strike: 80.00 per cent. of the Initial Reference Price Settlement Date: Fifth (5th) Payment Date following the Final Valuation Date or, in case of a termination by the Issuer, following the Termination Date. Final Valuation Date: 3 March 2025 Coupon Payment Date(s): Coupon Payment Date (1): 8 April 2024 Coupon Payment Date (2): 8 May 2024 Coupon Payment Date (3): 8 June 2024 Coupon Payment Date (4): 8 July 2024 Coupon Payment Date (5): 8 August 2024 Coupon Payment Date (6): 8 September 2024 Coupon Payment Date (7): 8 October 2024 Coupon Payment Date (8): 8 November 2024 Coupon Payment Date (9): 8 December 2024 Coupon Payment Date (10): 8 January 2025 Coupon Payment Date (11): 8 February 2025 Coupon Payment Date (12): 8 March 2025 Reference Price: Underlying Price on the Final Valuation Date Exchange(s): XETRA Underlying Price: The official closing price of the Underlying as determined at and published by the Exchange. Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Frankfurt Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of Goldman Sachs International. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of Goldman Sachs International. Brief description of the Guarantor Goldman Sachs International Legal Entity Identifier (LEI): W22LROWP2IHZNBB6K52. Goldman Sachs International is registered as a private unlimited liability company in England and Wales with the Registrar of Companies since 25 February 1994 (registration number 02263951). The business address of the directors of Goldman Sachs International is London, Xxxxxxxx Xxxxx, 00 Xxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx. The following tables show selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Guarantor which is derived from the audited consolidated financial state- ments as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and the unaudited consolidated financial statements for the period ended 30 September 2023: Total interest income 7,981 3,448 N/A N/A Non-interest income1 12,430 11,414 10,965 9,673 Profit before taxation 4,974 3,552 4,464 4,298 Operating profit N/A N/A N/A N/A Dividend per share N/A N/A N/A N/A

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR Daimler AG (the "Securities"). ISIN: DE000GX5E452 DE000GF26WM5 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF26WM The Issuer XxxxxxxGoldman, Sachs & Co. Co Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SEInternational, Zweigniederlassung Frankfurt, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346W22LROWP2IHZNBB6K528; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 July 9, 2020 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieMarie-Curie- Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 15, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2020 2018 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 December2019 (audited) Year ended 31 December 2020 December2018 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet 1,715,857.30 829,930.59 (in thousands EUR) As at 31 December 2021 2019(audited) As at 31 December 2020 (audited) (audited2018(audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 Capital and reserves 9,648 8,663 Summary information – cash flow 7,050,572.78 5,334,715.48 (in thousands EUR) As at 31 December 2021 2019(audited) As at 31 December 2020 (audited) (audited2018(audited) Cash flows from operating activities 3,318 181 - 1,781,978.95 2,256,524.40 Cash flows from financing activities 0 0 0.0 0.0 Cash flows from investing activities 0 0 0.0 0.0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GF26WM5 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GF26WM Underlying: DAX 50 ESG PR EUR Daimler AG (Reuters CodeISIN: .DAXESGKDE0007100000) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.gs.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR Palo Alto Networks, Inc. (the "Securities"). ISIN: DE000GX5E452 DE000GQ664S0 WKN: GX5E45 GQ664S Valor: 30258262 34129179 Common Code: 181484225 181495715 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 7 June 2022 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ664S0 WKN: GX5E45 GQ664S Valor: 30258262 34129179 Common Code: 181484225 181495715 Underlying: DAX 50 ESG PR EUR Palo Alto Networks, Inc. (Reuters CodeISIN: .DAXESGKUS6974351057) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 10,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Multi Autocallable Securities linked to the DAX 50 ESG PR EUR Barrick Gold Corporation and Newmont Corporation (the "Securities"). ISIN: DE000GX5E452 DE000GX5CPX9 WKN: GX5E45 GX5CPX Valor: 30258262 30258230 Common Code: 181484225 163596989 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 8 July 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (BestätigungsvermerkBestätigungsver- merk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 (audi- ted) As at 31 December 2020 (audited) (auditedaudi- ted) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 (audi- ted) As at 31 December 2020 (audited) (auditedaudi- ted) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewiththere- with, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed ex- posed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly di- rectly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Multi Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5CPX9 WKN: GX5E45 GX5CPX Valor: 30258262 30258230 Common Code: 181484225 163596989 Underlying: DAX 50 ESG PR EUR Basket of Shares: Basket Component 1: Barrick Gold Corporation (Reuters CodeISIN: .DAXESGKCA0679011084) Basket Component 2: Newmont Corporation (ISIN: US6516391066) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 Securities USD 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Basket Components. The value of the Security will typically fall if the price of a Basket Component falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Prices of all Basket Components have reached or exceeded the respective Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early following the Valuation Date on which the Basket Components have reached or exceeded the respective Settlement Level, whereby the Settlement Amount equals the Nom- inal multiplied by the Settlement Factor applicable to the relevant Valuation Date. If an early redemption does not occur, the performance of the Basket Components determines the level of the Settlement Amount and the type of settlement (cash settlement or physical settlement): (i) If the Reference Prices of all Basket Components are equal to or above the Final Settlement Level applicable to the

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Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ61FE1 WKN: GX5E45 Valor: 30258262 GQ61FE Common Code: 181484225 181491833 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ61FE1 WKN: GX5E45 Valor: 30258262 GQ61FE Common Code: 181484225 181491833 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

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Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Fixed Rate Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 DE000GQ617Z3 WKN: GX5E45 Valor: 30258262 GQ617Z Common Code: 181484225 181491736 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 (auditedaudi- 2021 (audi- June 2023 June 2022 ted) ted) (auditedunaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 (audited) As at 31 December 2020 2021 (audited) As at 30 June 2023 (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity il- liquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the UnderlyingFixed Rate Securities. ISIN: DE000GX5E452 DE000GQ617Z3 WKN: GX5E45 Valor: 30258262 GQ617Z Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) 181491736 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 200,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment In the case of Fixed Rate Securities, the Security Holder receives at maturity a Settlement Amount equal to the Calculation Amount , subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Calculation Amount and the coupon, i.e. the Fixed Coupon Rate. Settlement Date: 24 October 2024 Fixed Coupon Rate: The Fixed Coupon Rate is 3.00 per cent. p.a. Calculation Amount: EUR 100.00 Coupon Amount: Calculation Amount multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): 24 October 2024 Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Munich Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of The Goldman Sachs Group, Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Guarantor The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) in relation to the Guarantor which is derived from the audited con- solidated financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and the unaudited consolidated financial statements for the period ended 30 June 2023: Summary information – income statement (in millions USD, except per share Year ended 31 Year ended 31 6-month- 6-month- amounts) December December period ended period ended 2022 (audited) 2021 (audited) 30 June 2023 30 June 2022 (unaudited) (unaudited) Selected income statement data Net interest income 7,678 6,470 3,465 3,561 Commissions and fees 4,034 3,590 1,981 2,084 Provision for credit losses 2,715 357 444 1,228 Total net revenues 47,365 59,339 23,119 24,797 Pre-tax earnings 13,486 27,044 5,729 8,200 Net earnings applicable to common 10,764 21,151 4,158 6,617 shareholders Earnings per common share (basic) 30.42 60.25 12.00 18.67 Summary information – balance sheet (in millions USD) As of 31 December As of 31 December As of 30 June 2023 2022 (audited) 2021 (audited) (unaudited) Total assets 1,441,799 1,463,988 1,571,386 Unsecured borrowings excluding subordinated borrowings 295,163 284,155 288,063 Subordinated borrowings 12,936 16,892 12,806 Customer and other receivables 135,448 160,673 157,277 Customer and other payables 262,045 251,931 257,843 Total liabilities and shareholders’ equity 1,441,799 1,463,988 1,571,386 (in per cent.) Common Equity Tier 1 (CET1) capital ratio (standardized) 15.0 14.2 14.9 Total capital ratio (standardized) 19.1 17.9 18.8 Tier 1 leverage ratio 7.3 7.3 7.0 Most material risk factors pertaining to the Guarantor The Guarantor is subject to the following key risks: • Security Holders are exposed to the creditworthiness of GSG as guarantor of the Securities. GSG faces a variety of risks that are substantial and inherent in its businesses, including the following risks: Market risks, liquidity risks, credit risks, market developments and general business environment risks, operational risks, legal and regulatory risks and competition risks. If one of these risks materializes this may negatively affect GSG's earnings and/or finan- cial condition and, therefore, its ability to fulfil payment obligations as Guarantor under the Securities. In the event that neither GSW nor GSG are able to fulfil their obligations under the Securities the security holder may suffer a loss or even a total loss. The specific risk factors related to the Securities are described below: • In the case of Fixed Rate Securities, the Settlement Amount at the end of the term equals the Calculation Amount. The risk of loss to the Security Holder is accordingly limited to the difference between the capital invested to purchase the Securities (including transaction costs incurred) and the Calculation Amount plus coupon payments. However, the Security Holder remains exposed to the risks of the Issuer and the Guarantor, so the Security Holder may lose all the capital invested to purchase the Securities (including transaction costs incurred) on an insolvency of the Issuer and the Guarantor. For this reason among others, Fixed Rate Securities may be traded during their term at a price below the Calculation Amount. Security Holders may therefore not rely on being able to sell their purchased Securi- ties at any time during the term at a price equal to or above the Calculation Amount. • The Securities provide during their term for a fixed coupon which is specified at the time of issuance. The Security Holder does not participate in an increase in market interest rates. In the case of increasing market interest rates, there is the risk with Securities with a fixed coupon that the price of the Securities may decrease during the term. • The Conditions of the Securities may provide for extraordinary termination by the Issuer in certain cases so that the Security Holder bears a risk of loss as the termination amount may be below the market price of the Securities. The Security Holder also bears the reinvestment risk in relation to the termination amount. • Security Holders bear the risk that the Securities cannot be sold at a specific time or at a specific price during their term. • Security Holders bear the risk of loss due to the tax treatment of the Securities. In addition, the tax assessment of the Securities may change. This may have a significant adverse effect on the price and redemption of the Securities and the payment under the Securities. General terms, conditions and expected timetable of the offer Start of offer in Germany: 24 October 2023 Start of offer in Austria: 24 October 2023 Issue Price: EUR 100.00 Issue Date: 24 October 2023 Estimate of the total expenses charged to the investor The product-specific entry costs included in the Issue Price are EUR 0.90. These costs are calculated based on the Issue Price above; for any costs at the time of the purchase of the Securities the cost disclosure under Directive 2014/65/EU and Commission Delegated Regulation (EU) 0000/000 (XxXXX II Cost Disclosure) is relevant. The calculation of costs may change over the term of the Securities. The MiFID II Cost Disclosure includes also non-product specific costs which may be charged by a third party to the investor which have to be separately disclosed by the third party. Offeror See the item entitled "The Offeror(s)" above. Use and estimated net amount of the proceeds The proceeds from the Securities are used to hedge the payment obligations arising from the issuance of the Securities pursuant with agreement with Goldman Sachs International and for purposes of the Issuer's ordinary business activities (in any case the Issuer is free in the use of the proceeds of an issue of Securities). Date of underwriting agreement 24 October 2023

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GX5YLE2 WKN: GX5E45 Valor: 30258262 GX5YLE Common Code: 181484225 181488514 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). HGB).‌ Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2022 Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -103 -462 -752 Income after taxes / Net income for the year year‌‌ 239 985 1,612 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2022 As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets assets‌‌ 7,888,236 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2022 As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities activities‌‌ 1,518 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. GSW.‌ • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5YLE2 WKN: GX5E45 Valor: 30258262 GX5YLE Common Code: 181484225 181488514 Underlying: DAX 50 ESG PR EUR DAX® (Performance Index) (Reuters Code: .DAXESGK.GDAXI) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ61F88 WKN: GX5E45 Valor: 30258262 GQ61F8 Common Code: 181484225 181491795 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ61F88 WKN: GX5E45 Valor: 30258262 GQ61F8 Common Code: 181484225 181491795 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ609K2 WKN: GX5E45 Valor: 30258262 GQ609K Common Code: 181484225 181491272 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2022 Year ended 31 December 2020 2021 (audited) (audited) Selected income statement data Income taxes -103 -462 -752 Income after taxes / Net income for the year 239 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Total assets 7,888,236 6,754,017 8,023,593 Capital and reserves 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ609K2 WKN: GX5E45 Valor: 30258262 GQ609K Common Code: 181484225 181491272 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR Microsoft Corporation (the "Securities"). ISIN: DE000GX5E452 DE000GX4XZJ6 WKN: GX5E45 GX4XZJ Valor: 30258262 41822002 Common Code: 181484225 181483067 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 15 June 2022 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2020 and 31 December 2019 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2020 and 2019 and from the unaudited half year report for the six months ended 30 June 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). HGB).‌ Summary information – income statement (in thousands EUR) Year ended 31 December 2021 EUR)‌‌‌‌ Year ended 31 December 2020 (audited) Year ended 31 December 2019 (audited) Six months ended 30 June 2021 (unaudited) Six months ended 30 June 2020 (unaudited) Selected income statement data Income taxes -462 taxes‌‌‌‌ -752 -814 -357 -422 Income after taxes / Net income for the year 985 year‌‌‌‌ 1,612 1,000 000 000 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 EUR)‌‌‌ As at 31 December 2020 (audited) As at 31 December 2019 (audited) As at 30 June 2021 (unaudited) Total assets 6,754,017 assets‌‌‌ 8,023,593 7,786,953 10,956,669 Capital and reserves 9,648 reserves‌‌‌ 8,663 7,051 9,425 Summary information – cash flow (in thousands EUR) As at 31 December 2021 EUR)‌‌‌ As at 31 December 2020 (audited) audited)‌‌‌ As at 31 December 2019 (audited) As at 30 June 2021 (unaudited) Cash flows activities from operating activities 3,318 181 -1,782 -7,960 Cash flows activities‌ from financing activities 0 0 0 Cash flows activities‌ from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX4XZJ6 WKN: GX5E45 GX4XZJ Valor: 30258262 41822002 Common Code: 181484225 181483067 Underlying: DAX 50 ESG PR EUR Microsoft Corporation (Reuters CodeISIN: .DAXESGKUS5949181045) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 Securities 5,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ69EK4 WKN: GX5E45 Valor: 30258262 GQ69EK Common Code: 181484225 181975164 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ69EK4 WKN: GX5E45 Valor: 30258262 GQ69EK Common Code: 181484225 181975164 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX5FX70 WKN: GX5E45 GX5FX7 Valor: 30258262 30258300 Common Code: 181484225 181484292 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -462 -752 Income after taxes / Net income for the year year‌‌ 985 1,612 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets assets‌‌ 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities activities‌‌ 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5FX70 WKN: GX5E45 GX5FX7 Valor: 30258262 30258300 Common Code: 181484225 181484292 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early, whereby the Settlement Amount equals the Nominal multiplied by the Settlement Factor applicable to the relevant Valuation Date. If an early redemption does not occur, the performance of the Underlying determines the level of the Settlement Amount: (i) If the Reference Price is equal to or above the Final Settlement Level, the Settlement Amount is the Nominal multiplied

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Barrier Reverse Convertible Securities linked to the DAX 50 ESG PR EUR Microsoft Corporation (the "Securities"). ISIN: DE000GX5E452 DE000GQ62RZ9 WKN: GX5E45 GQ62RZ Valor: 30258262 30258200 Common Code: 181484225 163607328 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's ’s report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch – HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 (auditedaudi- 2021 (audi- June 2023 June 2022 ted) ted) (auditedunaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 (audited) As at 31 December 2020 2021 (audited) As at 30 June 2023 (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity il- liquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Barrier Reverse Convertible Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ62RZ9 WKN: GX5E45 GQ62RZ Valor: 30258262 30258200 Common Code: 181484225 163607328 Underlying: DAX 50 ESG PR EUR Microsoft Corporation (Reuters CodeISIN: .DAXESGKUS5949181045) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 Securities USD 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. Barrier Reverse Convertible Securities are linked to the performance of the Underlying. The Security Holder receives a Settlement Amount (cash amount in the Settlement Currency or delivery of the Underlying) on the Settlement Date, determined as follows: (i) If the Reference Price is at or above the Strike, the Security Holder receives the Nominal. The Nominal is the maximum amount that the Security Holder may receive as a Settlement Amount. (ii) If the Reference Price is below the Strike, but no Barrier Event has occurred during the term of the Securities, the Security Holder likewise receives the Nominal.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Capped Participation Securities linked to the DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ68Q96 WKN: GX5E45 GQ68Q9 Valor: 30258262 41821553 Common Code: 181484225 181974605 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 7 June 2022 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the German Banking Act nor in business operations as defined Issuer are held by Section 34 c of the German Industrial Code. The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Participation Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ68Q96 WKN: GX5E45 GQ68Q9 Valor: 30258262 41821553 Common Code: 181484225 181974605 Underlying: DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (Reuters Code: .DAXESGK.SDGP) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. In the case of these Securities, Security Holders receive a Settlement Amount on the Settlement Date, the amount of which depends on the performance of the Underlying. The Settlement Amount equals the Calculation Amount multiplied by the Performance of the Underlying and taking into account the Participation Factor. However, the Settlement Amount does not exceed the Maximum Amount. Cap: 70.00 per cent. of the Initial Reference Price Initial Reference Price: Underlying Price on the Initial Valuation Date Maximum Amount: EUR 1,000.00 Calculation Amount: EUR 1,000.00 Participation Factor: 1.4285714286 Performance of the Underlying: Reference Price divided by the Initial Reference Price Reference Price: Underlying Price on the Final Valuation Date Final Valuation Date: 28 March 2025 Initial Valuation Date: 5 April 2024 Settlement Date: Fifth (5th) Payment Date following the Final Valuation Date or, in case of a termination by the Issuer, following the Termination Date Index Sponsor: STOXX Limited Underlying Price: The official closing price of the Underlying as calculated and published by the Index Sponsor. Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Frankfurt Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of Goldman Sachs International. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of Goldman Sachs International. Brief description of the Guarantor Goldman Sachs International Legal Entity Identifier (LEI): W22LROWP2IHZNBB6K52. Goldman Sachs International is registered as a private unlimited liability company in England and Wales with the Registrar of Companies since 25 February 1994 (registration number 02263951). The business address of the directors of Goldman Sachs International is London, Xxxxxxxx Xxxxx, 00 Xxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx. Relevant key financial information of the Guarantor The following tables show selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and the unaudited consolidated financial statements for the period ended 30 September 2023: Summary information – income statement Year ended 31 December 2022 (audited) Year ended 31 December 2021 (audited) 9 months ended 30 September 9 months ended 30 September 2023 (unaudited) 2022 (unaudited) (in millions USD, except for share amounts) Selected income statement data Total interest income 7,981 3,448 N/A N/A Non-interest income1 12,430 11,414 10,965 9,673 Profit before taxation 4,974 3,552 4,464 4,298 Operating profit N/A N/A N/A N/A Dividend per share N/A N/A N/A N/A

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Quanto Autocallable Securities linked to the DAX 50 ESG PR EUR BioNTech SE - ADR (the "Securities"). ISIN: DE000GX5E452 DE000GX4UTQ0 WKN: GX5E45 GX4UTQ Valor: 30258262 41821867 Common Code: 181484225 181482621 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 15 June 2022 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2020 and 31 December 2019 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2020 and 2019 and from the unaudited half year report for the six months ended 30 June 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2020 (audited) Year ended 31 December 2020 2019 (audited) Six months ended 30 June 2021 (auditedunaudited) Six months ended 30 June 2020 (unaudited) Selected income statement data Income taxes -462 -752 -814 -357 -422 Income after taxes / Net income for the year 985 1,612 1,000 000 000 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2020 (audited) As at 31 December 2020 2019 (audited) As at 30 June 2021 (auditedunaudited) Total assets 6,754,017 8,023,593 7,786,953 10,956,669 Capital and reserves 9,648 8,663 7,051 9,425 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2020 (audited) As at 31 December 2020 2019 (audited) As at 30 June 2021 (auditedunaudited) Cash flows activities from operating activities 3,318 181 -1,782 -7,960 Cash flows activities from financing activities 0 0 0 Cash flows activities from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX4UTQ0 WKN: GX5E45 GX4UTQ Valor: 30258262 41821867 Common Code: 181484225 181482621 Underlying: DAX 50 ESG PR EUR BioNTech SE - ADR (Reuters CodeISIN: .DAXESGKUS09075V1026) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Quanto Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR a Basket of Shares and Securities representing Shares (Depositary Receipt) (ASM Pacific Technology Limited, Samsung Electronics Co Ltd - GDR, Advantest Corporation, Tokyo Electron Limited, Baidu, Inc. - ADR, Infosys Limited, Taiwan Semiconductor Manufacturing Company Ltd. - ADR and United Microelectronics Corporation) (the "Securities"). ISIN: DE000GX5E452 DE000GQ6SZ19 WKN: GX5E45 GQ6SZ1 Valor: 30258262 41821463 Common Code: 181484225 163611066 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Who is the Issuer of the Securities?‌ Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders‌ The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 taxes‌‌ -113 -103 Income after taxes / Net income for the year 985 1,612 year‌‌ 222 239 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 assets‌‌ 6,085,324 7,888,236 Capital and reserves 9,648 8,663 reserves‌‌ 3,109 9,887 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 activities‌‌ 2,439 1,518 Cash flows from financing activities 0 activities‌‌ -7,000 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6SZ19 WKN: GX5E45 GQ6SZ1 Valor: 30258262 41821463 Common Code: 181484225 163611066 Underlying: DAX 50 ESG PR EUR Basket of Shares and Securities representing Shares (Reuters CodeDepositary Receipt) : .DAXESGKBasket Component 1: ASM Pacific Technology Limited (ISIN: KYG0535Q1331) Basket Component 2: Samsung Electronics Co Ltd - GDR (ISIN: US7960508882) Basket Component 3: Advantest Corporation (ISIN: JP3122400009) Basket Component 4: Tokyo Electron Limited (ISIN: JP3571400005) Basket Component 5: Baidu, Inc. - ADR (ISIN: US0567521085) Basket Component 6: Infosys Limited (ISIN: US4567881085) Basket Component 7: Taiwan Semiconductor Manufacturing Company Ltd. - ADR (ISIN: US8740391003) Basket Component 8: United Microelectronics Corporation (ISIN: US9108734057) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 Securities USD 5,000,000‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR TOPIX (the "Securities"). ISIN: DE000GX5E452 DE000GQ62U13 WKN: GX5E45 Valor: 30258262 GQ62U1 Common Code: 181484225 181493461 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) EUR)‌‌‌‌ Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes taxes‌‌‌‌ -103 -462 -752 -60 -70 Income after taxes / Net income for the year year‌‌‌‌ 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets assets‌‌‌ 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves reserves‌‌‌ 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited)‌‌‌ 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities activities‌‌ 0 0 -7,000 Cash flows from investing activities activities‌ 0 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ62U13 WKN: GX5E45 Valor: 30258262 GQ62U1 Common Code: 181484225 181493461 Underlying: DAX 50 ESG PR EUR TOPIX (Reuters Code: .DAXESGK.TOPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 200,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ65CN0 WKN: GX5E45 Valor: 30258262 GQ65CN Common Code: 181484225 181976934 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ65CN0 WKN: GX5E45 Valor: 30258262 GQ65CN Common Code: 181484225 181976934 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 700,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6RUT2 WKN: GX5E45 Valor: 30258262 GQ6RUT Common Code: 181484225 181979739 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6RUT2 WKN: GX5E45 Valor: 30258262 GQ6RUT Common Code: 181484225 181979739 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ6P3S0 WKN: GX5E45 Valor: 30258262 GQ6P3S Common Code: 181484225 181976985 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6P3S0 WKN: GX5E45 Valor: 30258262 GQ6P3S Common Code: 181484225 181976985 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Reverse Bonus Securities linked to the DAX 50 ESG PR EUR Deutsche Lufthansa AG (the "Securities"). ISIN: DE000GX5E452 DE000GH97M13 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH97M1 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 11, 2021. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2020 and 31 December 2019 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2020 and 31 December 2020 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Reverse Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH97M13 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH97M1 (in thousands EUR) Year ended 31 December2020 (audited) Year ended 31 December2019 (audited) Income taxes -752 -814 Income after taxes / Net income for theyear 1,612 1,716 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Total assets 8,023,593 7,786,953 Capital and reserves 8,663 7,051 (in thousands EUR) As at 31 December 2020(audited) As at 31 December 2019(audited) Cash flows from operating activities 181 -1,782 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 Underlying: DAX 50 ESG PR EUR Deutsche Lufthansa AG (Reuters CodeISIN: .DAXESGKDE0008232125) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6QL90 WKN: GX5E45 Valor: 30258262 GQ6QL9 Common Code: 181484225 181978643 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6QL90 WKN: GX5E45 Valor: 30258262 GQ6QL9 Common Code: 181484225 181978643 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6S3L2 WKN: GX5E45 Valor: 30258262 GQ6S3L Common Code: 181484225 181980010 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6S3L2 WKN: GX5E45 Valor: 30258262 GQ6S3L Common Code: 181484225 181980010 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ68PM8 WKN: GX5E45 Valor: 30258262 GQ68PM Common Code: 181484225 181974591 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ68PM8 WKN: GX5E45 Valor: 30258262 GQ68PM Common Code: 181484225 181974591 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ687N2 WKN: GX5E45 Valor: 30258262 GQ687N Common Code: 181484225 181973692 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ687N2 WKN: GX5E45 Valor: 30258262 GQ687N Common Code: 181484225 181973692 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX5BJ15 WKN: GX5E45 GX5BJ1 Valor: 30258262 41822189 Common Code: 181484225 163596555 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 8 July 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at (audited) 31 December 2021 As at (audited) 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at (audited) 31 December 2021 As at (audited) 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5BJ15 WKN: GX5E45 GX5BJ1 Valor: 30258262 41822189 Common Code: 181484225 163596555 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities EUR 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ678L5 WKN: GX5E45 Valor: 30258262 GQ678L Common Code: 181484225 181973064 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ678L5 WKN: GX5E45 Valor: 30258262 GQ678L Common Code: 181484225 181973064 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX5MW56 WKN: GX5E45 GX5MW5 Valor: 30258262 41820276 Common Code: 181484225 181484942 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the German Banking Act nor in business operations as defined Issuer are held by Section 34 c of the German Industrial Code. The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 and from the unaudited half year report for the six months ended 30 June 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) Six months ended 30 June 2022 (auditedunaudited) Six months ended 30 June 2021 (unaudited) Selected income statement data Income taxes -462 -752 -70 -357 Income after taxes / Net income for the year 985 1,612 150 762 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 (audited) As at 31 December 2020 (audited) As at 30 June 2022 (auditedunaudited) Total assets 6,754,017 8,023,593 8,639,043 Capital and reserves 9,648 8,663 9,798 Summary information – cash flow (in thousands EUR) As at 31 December 2021 (audited) As at 31 December 2020 (audited) As at 30 June 2022 (auditedunaudited) Cash flows from operating activities 3,318 181 -1,943 Cash flows from financing activities 0 0 0 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5MW56 WKN: GX5E45 GX5MW5 Valor: 30258262 41820276 Common Code: 181484225 181484942 Underlying: DAX 50 ESG PR EUR STOXX Global Select Dividend 100 Index (EUR) (Reuters Code: .DAXESGK.SDGP) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Underlying Performance on the Valuation Date on which the Early Settlement Event has occurred or the Calculation Amount multiplied by the Settlement Factor, which corresponds to the respective Valuation Date on which the Early Settlement Event has occurred, whichever amount is greater. If an early redemption does not occur, the performance of the Underlying determines the level of the Settlement Amount: (i) If the Reference Price is equal to or above the Final Settlement Level, the Settlement Amount is the Calculation Amount multiplied by the Final Settlement Factor or the Calculation Amount multiplied by the Performance of the Underlying, whichever amount is greater. (ii) If the Reference Price is below the Final Settlement Level, but no Barrier Event has occurred, the Settlement Amount is equal to the Calculation Amount. (iii) If the Reference Price is below the Final Settlement Level and a Barrier Event has occurred, the Settlement Amount is equal to the Calculation Amount multiplied by the Performance of the Underlying. A "Barrier Event" occurs if the Observation Price falls below the Barrier on the Final Valuation Date. Barrier: 55.00 per cent. of the Initial Reference Price Calculation Amount: EUR 1,000.00 Final Settlement Factor: 165.00 per cent. Final Settlement Level: 100.00 per cent. of the Initial Reference Price Initial Reference Price: Underlying Price on the Initial Valuation Date Initial Valuation Date: 20 January 2023 Performance of the Underlying: Reference Price divided by the Initial Reference Price Settlement Factor: The Settlement Factor on the respective Valuation Date is as follows: Valuation Date (1): 106.50 per cent. Valuation Date (2): 113.00 per cent. Valuation Date (3): 119.50 per cent. Valuation Date (4): 126.00 per cent. Valuation Date (5): 132.50 per cent. Valuation Date (6): 139.00 per cent. Valuation Date (7): 145.50 per cent. Valuation Date (8): 152.00 per cent. Valuation Date (9): 158.50 per cent. Settlement Level: 100.00 per cent. of the Initial Reference Price Settlement Date: Fifth (5th) Payment Date following the Final Valuation Date or, in case of an Early Settlement Event, following the respective Valuation Date on which the Early Settlement Event has occurred. Final Valuation Date: 21 January 2033 Valuation Dates: Valuation Date (1): 22 January 2024 Valuation Date (2): 21 January 2025 Valuation Date (3): 21 January 2026 Valuation Date (4): 21 January 2027 Valuation Date (5): 21 January 2028 Valuation Date (6): 22 January 2029 Valuation Date (7): 21 January 2030 Valuation Date (8): 21 January 2031 Valuation Date (9): 21 January 2032 Reference Price: Underlying Price on the Final Valuation Date Index Sponsor: STOXX Limited Underlying Performance: Underlying Price on the respective Valuation Date divided by the Initial Reference Price Underlying Price: The official closing price of the Underlying as calculated and published by the Index Sponsor. Observation Price: The Underlying Price on the Final Valuation Date. Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Frankfurt Stock Exchange Nature and scope of the guarantee The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of Goldman Sachs International. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of Goldman Sachs International. Brief description of the Guarantor Goldman Sachs International Legal Entity Identifier (LEI): W22LROWP2IHZNBB6K52. Goldman Sachs International is registered as a private unlimited liability company in England and Wales with the Registrar of Companies since 25 February 1994 (registration number 02263951). The business address of the directors of Goldman Sachs International is London, Xxxxxxxx Xxxxx, 00 Xxxx Xxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx. Relevant key financial information of the Guarantor The following tables show selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2021 for each of the two years in the period ended 31 December 2021 and 31 December 2020 and the unaudited consolidated financial statements for the period ended 30 September 2022: Summary information – income statement Year ended Year ended 31 9 months ended 9 months (audited) (unaudited) 2021 (unaudited) (in millions USD, except for share amounts) Selected income statement data Total interest income 3,448 4,196 N/A N/A Non-interest income1 11,414 10,996 9,673 9,244 Profit before taxation 3,552 3,524 4,298 2,743 Operating profit N/A N/A N/A N/A Dividend per share N/A N/A N/A N/A

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Quanto Autocallable Securities linked to the DAX 50 ESG PR EUR NYMEX Light, Sweet Crude Oil Future (Generic Front Month Future) (the "Securities"). ISIN: DE000GX5E452 DE000GX5EJP4 WKN: GX5E45 Valor: 30258262 GX5EJP Common Code: 181484225 181484233 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 June 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (BestätigungsvermerkBestätigungsver- merk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) EUR)‌‌ Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes taxes‌‌ -462 -752 Income after taxes / Net income for the year year‌‌ 985 1,612 Summary information – balance sheet (in thousands EUR) EUR)‌‌ As at 31 December 2021 (audi- ted) As at 31 December 2020 (audited) (auditedaudi- ted) Total assets assets‌‌ 6,754,017 8,023,593 Capital and reserves reserves‌‌ 9,648 8,663 Summary information – cash flow (in thousands EUR) EUR)‌‌ As at 31 December 2021 (audi- ted) As at 31 December 2020 (audited) (auditedaudi- ted) Cash flows from operating activities activities‌‌ 3,318 181 Cash flows from financing activities activities‌ 0 0 Cash flows from investing activities activities‌ 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewiththere- with, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed ex- posed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly di- rectly result in an insolvency of GSW. GSW.‌ • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5EJP4 WKN: GX5E45 Valor: 30258262 GX5EJP Common Code: 181484225 181484233 Underlying: DAX 50 ESG PR EUR NYMEX Light, Sweet Crude Oil Future (Reuters CodeGeneric Front Month Future) (Bloomberg Page: .DAXESGKCL1 Comdty) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 5,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Fixed Rate Securities linked to the DAX 50 ESG PR EUR (the "Securities"). ISIN: DE000GX5E452 DE000GQ62BX8‌ WKN: GX5E45 Valor: 30258262 GQ62BX Common Code: 181484225 163607140 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB). ) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023.‌ Summary information – income statement (in thousands EUR) EUR)‌‌‌‌ Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 (auditedaudi- 2021 (audi- June 2023 June 2022 ted) ted) (auditedunaudited) (unaudited) Selected income statement data Income taxes taxes‌‌‌‌ -103 -462 -752 -60 -70 Income after taxes / Net income for the year year‌‌‌‌ 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets assets‌‌‌ 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves reserves‌‌‌ 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUREUR)‌‌‌ As at 31 December 2022 (audited) As at 31 December 2021 As at 31 December 2020 (audited) As at 30 June 2023 (auditedunaudited) Cash flows from operating activities activities‌‌‌ 1,518 3,318 181 -2,086 Cash flows from financing activities activities‌‌ 0 0 -7,000 Cash flows from investing activities activities‌ 0 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity il- liquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Securities linked to the UnderlyingFixed Rate Securities. ISIN: DE000GX5E452 DE000GQ62BX8‌ WKN: GX5E45 Valor: 30258262 GQ62BX Common Code: 181484225 Underlying: DAX 50 ESG PR EUR (Reuters Code: .DAXESGK) 163607140 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities EUR 5,000,000‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment‌ In the case of Fixed Rate Securities, the Security Holder receives at maturity a Settlement Amount equal to the Nominal , subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Nominal and the coupon, i.e. the Fixed Coupon Rate. Settlement Date: 28 November 2026 Fixed Coupon Rate: The Fixed Coupon Rate is 3.93 per cent. p.a. Nominal: EUR 100.00‌ Coupon Amount: Nominal multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): Annually, on the 28th of each November, starting on 28 November 2024 up to and including the scheduled Settlement Date Relative seniority of the Securities‌ The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for Restrictions on free transferability of the Securities‌ Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF‌ Frankfurt Stock Exchange Nature and scope of the guarantee‌ The obligations of Goldman, Sachs & Co. Wertpapier GmbH to pay of the Settlement Amount and any other amounts payable pursuant to the terms and conditions of the Securities are unconditionally and irrevocably guaranteed by the guarantee of The Goldman Sachs Group, Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Guarantor‌ The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor‌ The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) in relation to the Guarantor which is derived from the audited con- solidated financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and the unaudited consolidated financial statements for the period ended 30 September 2023: Summary information – income statement (in millions USD, except per share‌‌‌‌ Year ended 31 Year ended 31 9-month-pe- 9-month-pe- amounts) December December riod ended 30 riod ended 30 2022 (audited) 2021 (audited) September September 2023 (unau- 2022 (unau- dited) dited) Selected income statement data Net interest income‌‌‌‌ 7,678 6,470 5,012 5,604 Commissions and fees‌‌‌‌ 4,034 3,590 2,864 3,066 Provision for credit losses‌‌‌‌ 2,715 357 451 1,743 Total net revenues‌‌‌‌ 47,365 59,339 34,936 36,772 Pre-tax earnings‌‌‌‌ 13,486 27,044 8,485 11,956 Net earnings applicable to common share-‌‌‌‌ 10,764 21,151 6,040 9,579 holders‌‌‌‌ Earnings per common share (basic) 30.42 60.25 17.52 27.03 Summary information – balance sheet (in millions USD)‌‌‌ As of 31 December As of 31 December As of 30 September 2022 (audited) 2021 (audited) 2023 (unaudited) Total assets‌‌‌ 1,441,799 1,463,988 1,577,153 Unsecured borrowings excluding subordi-‌‌‌ 295,163 284,155 282,138 xxxxx borrowings Subordinated borrowings‌‌‌ 12,936 16,892 11,895 Customer and other receivables‌‌‌ 135,448 160,673 140,866 Customer and other payables‌‌‌ 262,045 251,931 252,342 Total liabilities and shareholders’ equity‌‌‌ 1,441,799 1,463,988 1,577,153 (in per cent.) Common Equity Tier 1 (CET1) capital ratio (standardized)‌‌‌‌‌‌‌ 15.0 14.2 14.8 Total capital ratio (standardized) 19.1 17.9 18.7 Tier 1 leverage ratio‌‌ 7.3 7.3 7.1 Most material risk factors pertaining to the Guarantor‌ The Guarantor is subject to the following key risks: • Security Holders are exposed to the creditworthiness of GSG as guarantor of the Securities. GSG faces a variety of risks that are substantial and inherent in its businesses, including the following risks: Market risks, liquidity risks, credit risks, market developments and general business environment risks, operational risks, legal and regulatory risks and competition risks. If one of these risks materializes this may negatively affect GSG's earnings and/or finan- cial condition and, therefore, its ability to fulfil payment obligations as Guarantor under the Securities. In the event that neither GSW nor GSG are able to fulfil their obligations under the Securities the security holder may suffer a loss or even a total loss. The specific risk factors related to the Securities are described below:‌ • In the case of Fixed Rate Securities, the Settlement Amount at the end of the term equals the Nominal. The risk of loss to the Security Holder is accordingly limited to the difference between the capital invested to purchase the Se- curities (including transaction costs incurred) and the Nominal plus coupon payments. However, the Security Holder remains exposed to the risks of the Issuer and the Guarantor, so the Security Holder may lose all the capital invested to purchase the Securities (including transaction costs incurred) on an insolvency of the Issuer and the Guarantor. For this reason among others, Fixed Rate Securities may be traded during their term at a price below the Nominal. Security Holders may therefore not rely on being able to sell their purchased Securities at any time during the term at a price equal to or above the Nominal. • The Securities provide during their term for a fixed coupon which is specified at the time of issuance. The Security Holder does not participate in an increase in market interest rates. In the case of increasing market interest rates, there is the risk with Securities with a fixed coupon that the price of the Securities may decrease during the term. • The Conditions of the Securities may provide for extraordinary termination by the Issuer in certain cases so that the Security Holder bears a risk of loss as the termination amount may be below the market price of the Securities. The Security Holder also bears the reinvestment risk in relation to the termination amount. • Security Holders bear the risk that the Securities cannot be sold at a specific time or at a specific price during their term. • Security Holders bear the risk of loss due to the tax treatment of the Securities. In addition, the tax assessment of the Securities may change. This may have a significant adverse effect on the price and redemption of the Securities and the payment under the Securities. General terms, conditions and expected timetable of the offer‌ Start of offer in Germany: 28 November 2023 Issue Price: 100.00 per cent.‌ Issue Date: 28 November 2023 Offeror‌ See the item entitled "The Offeror(s)" above. Use and estimated net amount of the proceeds‌ The proceeds from the Securities are used to hedge the payment obligations arising from the issuance of the Securities pursuant with agreement with Goldman Sachs International and for purposes of the Issuer's ordinary business activities (in any case the Issuer is free in the use of the proceeds of an issue of Securities). Date of underwriting agreement‌ 28 November 2023

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Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR Microsoft Corporation (the "Securities"). ISIN: DE000GX5E452 DE000GX5BVF6 WKN: GX5E45 GX5BVF Valor: 30258262 30258194 Common Code: 181484225 181483938 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 15 June 2022 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 Income after taxes / Net income for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Cash flows from operating activities 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by Goldman Sachs International ("GSI") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5BVF6 WKN: GX5E45 GX5BVF Valor: 30258262 30258194 Common Code: 181484225 181483938 Underlying: DAX 50 ESG PR EUR Microsoft Corporation (Reuters CodeISIN: .DAXESGKUS5949181045) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed early, whereby the Settlement Amount equals the Nominal multiplied by the Settlement Factor applicable to the relevant Valuation Date.

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Samples: assets.ctfassets.net

Introduction. Description and securities identification number number‌ The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ64U37 WKN: GX5E45 Valor: 30258262 GQ64U3 Common Code: 181484225 181494085 The Issuer Issuer‌ Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities Activities‌ The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) EUR)‌‌‌‌ Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes taxes‌‌‌‌ -103 -462 -752 -60 -70 Income after taxes / Net income for the year year‌‌‌‌ 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets assets‌‌‌ 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves reserves‌‌‌ 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) EUR)‌‌‌ As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited)‌‌‌ 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities activities‌‌ 0 0 -7,000 Cash flows from investing activities activities‌ 0 0 0 The Issuer is subject to the following key risks: risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ64U37 WKN: GX5E45 Valor: 30258262 GQ64U3 Common Code: 181484225 181494085 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GX90RD3 WKN: GX5E45 Valor: 30258262 GX90RD Common Code: 181484225 181490683 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2022 Year ended 31 December 2020 2021 (audited) (audited) Selected income statement data Income taxes -103 -462 -752 Income after taxes / Net income for the year 239 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Total assets 7,888,236 6,754,017 8,023,593 Capital and reserves 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX90RD3 WKN: GX5E45 Valor: 30258262 GX90RD Common Code: 181484225 181490683 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ68CW5 WKN: GX5E45 Valor: 30258262 GQ68CW Common Code: 181484225 181981580 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ68CW5 WKN: GX5E45 Valor: 30258262 GQ68CW Common Code: 181484225 181981580 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GX5YPC7 WKN: GX5E45 Valor: 30258262 GX5YPC Common Code: 181484225 181488638 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2022 and 31 December 2020 2021 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2022 Year ended 31 December 2020 2021 (audited) (audited) Selected income statement data Income taxes -103 -462 -752 Income after taxes / Net income for the year 239 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Total assets 7,888,236 6,754,017 8,023,593 Capital and reserves 9,887 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2022 As at 31 December 2020 2021 (audited) (audited) Cash flows from operating activities 1,518 3,318 181 Cash flows from financing activities 0 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5YPC7 WKN: GX5E45 Valor: 30258262 GX5YPC Common Code: 181484225 181488638 Underlying: DAX 50 ESG PR EUR DAX® (Performance Index) (Reuters Code: .DAXESGK.GDAXI) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Capped Minimum Amount Securities linked to the DAX 50 ESG PR EUR MSCI India Index (USD) (the "Securities"). ISIN: DE000GX5E452 DE000GQ6QTT6 WKN: GX5E45 Valor: 30258262 GQ6QTT Common Code: 181484225 219189303 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the 222 239 year 985 1,612 Summary information balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 2023 (audited) As at (audited) 31 December 2022 Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. x Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6QTT6 WKN: GX5E45 Valor: 30258262 GQ6QTT Common Code: 181484225 219189303 Underlying: DAX 50 ESG PR EUR MSCI India Index (USD) (Reuters Code: .DAXESGK.dMIIN00000PUS) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 300,000 100,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GH3MEQ1 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH3MEQ The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 16, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH3MEQ1 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH3MEQ Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Reuters Code: .DAXESGKPrice EUR) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 2,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR Deutsche Post AG (the "Securities"). ISIN: DE000GX5E452 DE000GX5U953 WKN: GX5E45 GX5U95 Valor: 30258262 41821476 Common Code: 181484225 163602725 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 June 2022 17 March 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined de- fined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Indus- trial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information infor- mation of the Issuer for the financial year ended 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (BestätigungsvermerkBestätigungsver- merk) in such case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 and from the unaudited half year report for the six months ended 30 June 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended Year ended Six months ended Six months 31 December 2021 Year ended 31 December 30 June ended 30 June 2021 (audited) 2020 (audited) 2022 (auditedunaudited) 2021 (unaudited) Selected income statement data Income taxes -462 -752 -70 -357 Income after taxes / Net income 985 1,612 150 762 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December As at 30 June 2022 (un- 2021 (audited) 2020 (audited) (audited) Total assets 6,754,017 8,023,593 8,639,043 Capital and reserves 9,648 8,663 9,798 Summary information – cash flow (in thousands EUR) As at 31 December 2021 (audited) As at 31 December 2020 (audited) As at 30 June 2022 (un- audited) Cash flows from operating activities activi- 3,318 181 -1,943 ties Cash flows from financing activities activi- 0 0 0 ties Cash flows from investing activities activi- 0 0 0 ties The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore there- fore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewiththere- with, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed ex- posed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly di- rectly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GX5U953 WKN: GX5E45 GX5U95 Valor: 30258262 41821476 Common Code: 181484225 163602725 Underlying: DAX 50 ESG PR EUR Deutsche Post AG (Reuters CodeISIN: .DAXESGKDE0005552004) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities EUR 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount, the manner of redemption and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ6PAZ5 WKN: GX5E45 Valor: 30258262 GQ6PAZ Common Code: 181484225 181977175 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2023 and 31 December 2022 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2023 and 31 December 2020 2022 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 2023 Year ended 31 December 2020 2022 (audited) (audited) Selected income statement data Income taxes -462 -752 -113 -103 Income after taxes / Net income for the year 985 1,612 222 239 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Total assets 6,754,017 8,023,593 6,085,324 7,888,236 Capital and reserves 9,648 8,663 3,109 9,887 Summary information – cash flow (in thousands EUR) As at 31 December 2021 2023 As at 31 December 2020 2022 (audited) (audited) Cash flows from operating activities 3,318 181 2,439 1,518 Cash flows from financing activities 0 -7,000 0 Cash flows from investing activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ6PAZ5 WKN: GX5E45 Valor: 30258262 GQ6PAZ Common Code: 181484225 181977175 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Capped Reverse Bonus Securities linked to the DAX 50 ESG PR EUR DAX® (Performance Index) (the "Securities"). ISIN: DE000GX5E452 DE000GH32ZJ8 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH32ZJ The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus Securities Note was approved on 13 June 2022 February 11, 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). The Registration Document of the Issuer was approved by BaFin on June 16, 2020. Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars PricewaterhouseCoopers GmbH & Co. KG Wirtschaftsprüfungsgesellschaft SteuerberatungsgesellschaftWirtschaftsprüfungsgesellschaft, XxxxxxxXxxxxxxxx-Xxxxx-Xxx 0Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2021 2019 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 2018 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 2019 and 31 December 2018 and from the unaudited interim financial statements for the six months ended 30 June 2020 and 30 June 2019 which have been prepared in accordance with rules laid down in the German Commercial Code (HGB). Summary information – income statement (in thousands EUR) Year ended 31 December 2021 Year ended 31 December 2020 (audited) (audited) Selected income statement data Income taxes -462 -752 -814,324.68 -389,205.93 -421,824.86 -270,744.01 Income after taxes / Net income 1,715,857.30 829,930.59 831,087.57 580,901.80 for the year 985 1,612 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) Total assets 6,754,017 8,023,593 7,786,953,111.52 7,397,795,665.36 10,551,772,579.10 Capital and reserves 9,648 8,663 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 (audited) (audited) 7,050,572.78 5,334,715.48 7,881,660.35 Cash flows from operating -1,781,978.95 2,256,524.40 -14,014,047.11 activities 3,318 181 Cash flows from financing 0.0 0.0 0.0 activities 0 0 Cash flows from investing 0.0 0.0 0.0 activities 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions. Since GSW enters into such hedging transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Capped Reverse Bonus Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GH32ZJ8 WKN: GX5E45 Valor: 30258262 Common Code: 181484225 GH32ZJ Underlying: DAX 50 ESG PR EUR DAX® (Reuters Code: .DAXESGKPerformance Index) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 Securities 500,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: daten.comdirect.de

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GX5E452 DE000GQ687X1 WKN: GX5E45 Valor: 30258262 GQ687X Common Code: 181484225 181973757 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch – HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ687X1 WKN: GX5E45 Valor: 30258262 GQ687X Common Code: 181484225 181973757 Underlying: DAX 50 ESG PR EUR MSCI World 4.5% Decrement Index (Reuters Code: .DAXESGK.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: assets.ctfassets.net

Introduction. Description and securities identification number The present securities are Discount Autocallable Securities linked to the DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GX5E452 DE000GQ69Z94 WKN: GX5E45 Valor: 30258262 GQ69Z9 Common Code: 181484225 181975822 The Issuer Xxxxxxx, Sachs & Co. Wertpapier GmbH ("GSW"). Its registered office is at Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx and its Legal Entity Identifier (LEI) is 549300CRL28LF3CSEA14. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 June 2022 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Marie- CurieXxxxx-StrXxxxx-Xxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman, Sachs & Co. Wertpapier GmbH is a company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the laws of Germany. It has its seat in Frankfurt am Main and has been registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities The purpose of Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders The Issuer is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by The Goldman Sachs Group, Inc. Key Managing Directors The managing director (Geschäftsführer) of Goldman, Sachs & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx. Statutory Auditors Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year years ended 31 December 2022 and 31 December 2021 and have issued an unqualified auditor's report (Bestätigungsvermerk) in such case. PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Xxxxxxxxx-Xxxxx-Anlage 35 – 37, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx were the independent auditors of the Issuer and have audited the historical financial information of the Issuer for the financial year ended 31 December 2020 and have issued an unqualified auditor´s report (Bestätigungsvermerk) in such each case. The following key financial information has been extracted from the audited financial statements of the Issuer for the years ended 31 December 2021 and 31 December 2020 which have been (prepared in accordance with rules laid down in the German Commercial Code (Handelsgesetzbuch - HGB)) has been extracted from the audited financial statement of the Issuer as of 31 December 2022 for each of the years ended 31 December 2022 and 31 December 2021 and from the unaudited half year report for the six months ended 30 June 2023. Summary information – income statement (in thousands EUR) Year ended Year ended Six months Six months 31 December 2021 Year ended 31 December 2020 ended 30 ended 30 2022 2021 June 2023 June 2022 (audited) (audited) (unaudited) (unaudited) Selected income statement data Income taxes -103 -462 -752 -60 -70 Income after taxes / Net income for the year 239 985 1,612 109 150 Summary information – balance sheet (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Total assets 7,888,236 6,754,017 8,023,593 7,475,516 Capital and reserves 9,887 9,648 8,663 2,996 Summary information – cash flow (in thousands EUR) As at 31 December 2021 As at 31 December 2020 As at 30 June 2023 2022 (audited) 2021 (audited) (auditedunaudited) Cash flows from operating activities 1,518 3,318 181 -2,086 Cash flows from financing activities 0 0 -7,000 Cash flows from investing activities 0 0 0 The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSW due to the nature of GSW as an issuance vehicle with limited assets. Besides issuing fungible securities GSW does not carry out any further operating business activity and the issued share capital of GSW amounts to EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the securities compared to an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSW, an investment in a security issued by GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs International Group, Inc. ("GSIGSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSW due to the dependency of GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSW is exposed to the risk of default and insolvency risk of the parties with whom GSW concludes hedging transactions or related lending transactions. Since GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSW may directly result in an insolvency of GSW. • Investors are exposed to the risk relating to the creditworthiness of GSW as a subsidiary of The Goldman Sachs Group, Inc. ("GSG"). An insolvency of GSW may occur despite of the fact that GSW is a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSW. Except for the guarantee of GSI GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Discount Autocallable Securities linked to the Underlying. ISIN: DE000GX5E452 DE000GQ69Z94 WKN: GX5E45 Valor: 30258262 GQ69Z9 Common Code: 181484225 181975822 Underlying: DAX 50 ESG PR EUR EURO STOXX 50® Index (Price EUR) (Reuters Code: .DAXESGK.STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issues issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 300,000 500,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities.

Appears in 1 contract

Samples: www.deka.de