X0306 4 2022-01-28 0 0000886982 GOLDMAN SACHS GROUP INC GS 0001789093 STEIN LAURENCE C/O GOLDMAN SACHS & CO. LLC 200 WEST STREET NEW YORK NY 10282 0 1 0 0 Chief Administrative Officer Performance-based Restricted Stock Units 2022-01-28 4 A 0 12211 0.00 A Common Stock, par value $0.01 per share 12211 D On January 28, 2022, the Reporting Person was awarded a Shareholder Value Creation Award in the form of 12,211 Performance-based Restricted Stock Units ("PSUs"), which are subject to both performance- and time-based vesting conditions. The Reporting Person may earn from 0% to 150% of these PSUs based on the achievement of pre-established performance goals based 50% upon absolute total shareholder return ("TSR") and 50% on a relative TSR over a five-year performance and service period beginning October 2021. Shares of the Issuer's common stock underlying any earned PSUs will vest and be delivered on or about the end of the five-year performance period, subject to other terms and conditions of the award agreement. The shares of common stock delivered pursuant to these PSUs will be subject to transfer restrictions for one additional year after delivery. /s/ Beverly L. O'Toole, Attorney-in-fact 2022-01-28