Goldman Sachs Files Pricing Supplement for Autocallable Index-Linked Notes

Goldman Sachs Group Inc. has filed a preliminary pricing supplement for its new GS Finance Corp. autocallable index-linked notes due in 2030. The notes, guaranteed by The Goldman Sachs Group, Inc., are linked to the performance of the MSCI EAFE Index and the EURO STOXX 50® Index. The notes do not bear interest and their payment at maturity depends on the underlier with the lowest return. Investors could lose a significant portion of their investment if the performance of these underliers is poor.

The notes feature an automatic call provision. If the closing level of each underlier is greater than or equal to its initial level on the call observation date, the notes will be automatically called. In this case, investors will receive $1,140 for each $1,000 of the outstanding face amount on the call payment date. The notes have an upside participation rate of 250% and a buffer level of 75% for each underlier.

The trade date for these notes is set for October 6, 2026, with an original issue date of October 9, 2026. The determination date is October 7, 2030, and the stated maturity date is October 10, 2030. The estimated value of the notes on the trade date is between $905 to $945 per $1,000 face amount, which is less than the original issue price.

The notes are part of the Medium-Term Notes, Series F program of GS Finance Corp. and are fully guaranteed by The Goldman Sachs Group, Inc. The pricing supplement includes key terms such as the automatic call feature, cash settlement amount, and the underliers involved. Investors are advised to read the disclosure to understand the terms and risks, including the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.