GOLDMAN SACHS GROUP INC

This Current Report on Form 8-K includes “forward-looking statements” within the meaning of the safe harbor

provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are not

historical facts or statements of current conditions, but instead represent only the firm’s beliefs regarding future

events, many of which, by their nature, are inherently uncertain and outside the firm’s control. It is possible that the

firm’s actual results may differ, possibly materially, from the anticipated results indicated in these forward-looking

statements. For a discussion of some of the risks and important factors that could affect the firm’s future results, see

“Risk Factors” in Part I, Item 1A of the firm’s Annual Report on Form 10-K for the year ended December 31, 2024.

Forward-looking statements include the timing of the transition of the Apple Card program to a new issuer, which is

subject to the risk that the transaction may not close on the anticipated timeline or at all, including due to a failure to

satisfy applicable closing conditions. The expected impact of the transaction on the firm’s fourth quarter 2025

results is also a forward-looking statement and subject to change as the firm completes its financial statements.