GOLDMAN SACHS INTERNATIONAL - GS125C - New Listing Notification

GS125C - New Listing Notification

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

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


New Listing Notification – GS125C


The JSE Limited has granted a listing to Goldman Sachs International under the Series P Programme for
the issuance of Warrants, Notes and Certificates on the Main Board with effect from 18 December
2025.

Bond Code                               GS125C

ISIN No.                                ZAE000355970

Nominal Amount                          ZAR100,000,000.00

Issue Price                             ZAR1,000.00 per Note

                                        A basket of indices comprising:
Underlying Index

                                (i)       the Nikkei 225 Stock Average Index (Bloomberg page: NKY
                                          <Index>; Reuters screen: .N225);

                                (ii)      the NASDAQ-100 Index® (Bloomberg page: NDX <Index>;
                                          Reuters screen: .NDX);

                                (iii)     the SMI® Index (Bloomberg page: SMI Index; Reuters screen:
                                          .SSMI); and

                                (iv)      the EURO STOXX 50® Index (Price EUR) (Bloomberg page: SX5E
                                          <Index>; Reuters screen: .STOXX50E).


Valuation Date                          Tuesday, 3 December 2023

Finalisation date                       By 11:00 Tuesday, 10 December 2030

Last Day to Trade                       Wednesday, 11 December 2030
Suspension Date                         Thursday, 12 December 20230

Record Date                             Tuesday, 17 December 2030

Final Maturity / Settlement Date        Wednesday, 18 December 2030

Termination Date                        Thursday, 19 December 2030



Applicable Pricing Supplement: www.goldmansachs.co.za/en/services/pricingsupplements


Johannesburg
17 December 2025

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 17-12-2025 11:16:00
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