• Goldman Sachs launched a proposed public offering of depositary shares tied to its new Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AA.
• Pricing has not occurred.
• Net proceeds, if the deal prices and closes, may fund redemption of all outstanding 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U.
• Redemption remains conditional on market conditions and a final decision; no redemption notice has been issued.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Goldman Sachs Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-308384), on July 20, 2026, and is solely responsible for the information contained therein.