New Issue: GS Finance prices $799,000 leveraged buffered index-linked notes on S&P 500

Chicago, April 27 – GS Finance Corp. priced $799,000 of 0% leveraged buffered index-linked notes due March 3, 2025 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, investors will receive par plus 175% of the index gain, capped at par plus 26%.

If the index return is flat or falls by up to 15%, investors will receive par. Investors will lose 1% for every 1% decline beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$799,000
Maturity:	March 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 175% of the index gain, capped at par plus 26%; if index return is flat or falls by up to 15%, par; 1% loss for every 1% decline beyond 15%
Initial index level:	4,057.84
Buffer level:	85% of initial level
Pricing date:	May 26, 2022
Settlement date:	June 1, 2022
Agent:	Goldman Sachs & Co. LLC
Fees:	3.13%
Cusip:	40057LVF5

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