GS Earnings

If both (i) and (ii) below occur: (i) after the date of the issuance of the Series A, the Corporation (by election or otherwise) becomes subject to any law, rule, regulation or guidance (together, “Regulations”) relating to its capital adequacy, which Regulation (x) modifies the existing requirements for treatment as Allowable Capital (as defined under the Sec

If both (i) and (ii) below occur: (i) after the date of the issuance of the Series C, the Corporation (by election or otherwise) becomes subject to any law, rule, regulation or guidance (together, “Regulations”) relating to its capital adequacy, which Regulation (x) modifies the existing requirements for treatment as Allowable Capital (as defined under the Sec

If both (i) and (ii) below occur: (i) after the date of the issuance of the Series D, the Corporation (by election or otherwise) becomes subject to any law, rule, regulation or guidance (together, “Regulations”) relating to its capital adequacy, which Regulation (x) modifies the existing requirements for treatment as Allowable Capital (as defined under the Sec

ors” in Part I, Item 1A of the firm’s Annual Report on Form 10-K for the year ended December 31, 2025. Conference Call A conference call to discuss the firm’s financial results, outlook and related matters will be held at 9:30 am (ET). The call will be open to the public. Members of the public who would like to listen to the conference call should dial 1-800-3

nts were $597 million, up 13% compared with 1Q25 ■ During the quarter, alternative investments AUS increased $9 billion to $429 billion ■ 1Q26 gross third-party alternatives fundraising across strategies was $26 billion ($464 billion raised since 2019) 7 1Q26 $ in billions Average AUS Effective Fees (bps) Corporate equity $ 128 88 Credit 79 67 Real estate 28 6

irm’s earnings mix or profitability, the entities in which the firm generates profits and the assumptions made in forecasting the firm’s expected tax rate, and potential future guidance from tax authorities. Statements about the firm’s Investment banking fees backlog and future advisory and capital market results are subject to the risk that advisory and capit

finitions, in each case that the Calculation Agent determines, from time to time, are consistent with accepted market practice or applicable regulatory or legislative action or guidance for the use of such Applicable Fallback Rate for debt obligations comparable to this Security in such circumstances.