NEW YORK, NY, April 23, 2026 – The Goldman Sachs Group, Inc. (NYSE: GS) (the “Company”) today announced that on May 10, 2026 (the “Redemption Date”) it will redeem all outstanding shares of its 3.80% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series T (“Series T Preferred Stock”) and the corresponding 675,000 depositary shares (“Depositary Shares”) each representing a 1/25th interest in a share of Series T Preferred Stock.

The Depositary Shares will be redeemed for a redemption price equal to $1,000 per depositary share (equivalent to $25,000 per share of Series T Preferred Stock) plus an amount equal to any declared and unpaid dividends for the then-current dividend period to but excluding the Redemption Date attributable to 1/25th of a share of Series T Preferred Stock (together, the “Redemption Payment”). From and after the Redemption Date, all dividends will cease to accrue on the Series T Preferred Stock.

Simultaneously with the redemption of the Series T Preferred Stock, the outstanding Depositary Shares will be redeemed on the Redemption Date in accordance with the applicable procedures of The Depositary Trust Company (“DTC”), for an amount per depositary share equal to the Redemption Payment. All Depositary Shares are held in book-entry form through DTC and will be redeemed in accordance with the procedures of DTC.

The address of the depositary for the Depositary Shares, HSBC Bank USA, National Association, is as follows:

HSBC Bank USA, NA
66 Hudson Boulevard East
New York, NY 10001
Attn: Deal Management C/O Amy Kwok

Investors in the Depositary Shares should contact the bank or broker through which they hold a beneficial interest in the Depositary Shares for information about obtaining the Redemption Payment for the Depositary Shares in which they have a beneficial interest.

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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