GOLDMAN SACHS INTERNATIONAL - Changes to the Board -Resignation and Appointment of Directors

Changes to the Board -Resignation and Appointment of Directors

GOLDMAN SACHS INTERNATIONAL
(incorporated with unlimited liability in in England and Wales on 2 June 1988)
Structured Product Issuer Code: GDIP
Interest Rate Issuer Code: BIGSI
(the Issuer or GSI)

GOLDMAN SACHS GROUP, INC
(incorporated in the State of Delaware on 21 July 1998)
(as Guarantor)


CHANGES TO THE BOARD – RESIGNATION AND APPOINTMENT OF DIRECTORS

In accordance with paragraph 6.42 of the JSE Limited Debt and Specialist
Securities Listings Requirements, noteholders are hereby advised that Mr Richard
Gnodde, executive director and chief executive officer, has resigned from the
Board of Directors of GSI, with effect from 10 June 2025, because he has been
named Vice Chairman of the Goldman Sachs Group, Inc.

Subsequently, Mr Kunal Shah and Mr Anthony Gutman have been appointed as Mr
Gnodde's replacement as co-chief executive officers of GSI, with effect from 10
June 2025.

Johannesburg

29 September 2025

Debt Sponsor: The Standard Bank of South Africa Limited




                                                                                   Confidential

Date: 29-09-2025 03:12:00
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