We refer to the notification letter from GOLDMAN SACHS AM (LU) with the following announcement(s).

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1. GENERAL CHANGES.

Effective from 25/11/2024, the following fund/s will be affected by general changes explained in detail in the official notice.

• LU2011196776 GOLDMAN SACHS GLOBAL MULTI-ASSET INCOME PORTFOLIO "OCS" (HKD) INC
• LU2405385399 GS JAPAN EQUITY PARTNERS PORTFOLIO "OCS" (USD) ACC (SNAP)
• LU0333810181 GOLDMAN SACHS INDIA EQUITY PORTFOLIO "BS" ACC
• LU0234572377 GOLDMAN SACHS EMERGING MARKETS EQUITY PORTFOLIO "BS" (USD) ACC
• LU2725941129 GS INDIA EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU1932893719 GS EMERGING MARKETS CORPORATE BOND PORTFOLIO "OCS" (HKD) INC
• LU2464814073 GS EMERGING MARKETS EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU0786609619 GOLDMAN SACHS GLOBAL MILLENNIALS EQUITY PORTFOLIO "BS" (USD) ACC
• LU1038298870 GOLDMAN SACHS GLOBAL MULTI-ASSET INCOME PORTFOLIO "BS" (USD) INC GROSS M
• LU2254254340 GS GLOBAL MILLENNIALS EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU2475587056 GS JAPAN EQUITY PARTNERS PORTFOLIO "OCS" (HKDHDG) SNAP ACC
• LU1574459522 GOLDMAN SACHS EMERGING MARKETS CORPORATE BOND PORTFOLIO "BS" (USD) INC A
• LU0622305505 GS EMERGING MARKETS CORPORATE BOND PORTFOLIO "BS" (USD) ACC

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The section on Anti-Money Laundering and Counter-Terrorism Financing will be updated to include more references to the applicable legal and regulatory requirements of Luxembourg regarding anti-money laundering and counter-terrorism financing. The Prospectus will be updated to enhance information on the application of the pricing mechanism and its effect on redemptions and subscriptions. It will also be updated to reflect that the Goldman Sachs Global Asset Management team has established a "management framework".

Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

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2. GENERAL CHANGES.

Effective from 25/11/2024, the following fund/s will be affected by general changes explained in detail in the official notice.

• LU2725941129 GS INDIA EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU0333810181 GOLDMAN SACHS INDIA EQUITY PORTFOLIO "BS" ACC

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Selling Restrictions and Definitions sections will be updated to include information regarding the offering or selling of Portfolio with Indian Exposure to or for the benefit of a Restricted Indian Person or Prohibited Person. Shareholders must certify that they are not a Prohibited Person. Investment in Portfolio with Indian Exposure by any Shareholder who is a Restricted Indian Person, or is investing on behalf of a Restricted Indian Person, will be subject to authorization by the Board of Directors, in consultation with the Management Company.

Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

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3. GENERAL CHANGES.

Effective from 25/11/2024, the following fund/s will be affected by general changes explained in detail in the official notice.

• LU0786609619 GOLDMAN SACHS GLOBAL MILLENNIALS EQUITY PORTFOLIO "BS" (USD) ACC
• LU2254254340 GS GLOBAL MILLENNIALS EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU2464814073 GS EMERGING MARKETS EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU0234572377 GOLDMAN SACHS EMERGING MARKETS EQUITY PORTFOLIO "BS" (USD) ACC

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Selling Restrictions and Definitions sections will be updated to include information regarding the offering or selling of Portfolio with Indian Exposure to or for the benefit of a Restricted Indian Person or Prohibited Person. Shareholders must certify that they are neither, nor subscribing for Shares on behalf of, a Restricted Indian Person. Investment in Portfolio with Indian Exposure by any Shareholder who is a Restricted Indian Person, or is investing on behalf of a Restricted Indian Person, will be subject to authorization by the Board of Directors, in consultation with the Management Company.

Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

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4. CHANGE OF SUB-INVESTMENT MANAGER.

Effective from 25/11/2024, GOLDMAN SACHS ASSET MANAGEMENT (INDIA) PRIVATE LIMITED will be appointed as new sub-investment manager of the following fund/s:

 - GOLDMAN SACHS FUNDS SICAV

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Affected ISIN code/s as follows:

• LU1574459522 GOLDMAN SACHS EMERGING MARKETS CORPORATE BOND PORTFOLIO "BS" (USD) INC A
• LU1932893719 GS EMERGING MARKETS CORPORATE BOND PORTFOLIO "OCS" (HKD) INC
• LU1038298870 GOLDMAN SACHS GLOBAL MULTI-ASSET INCOME PORTFOLIO "BS" (USD) INC GROSS M
• LU0234572377 GOLDMAN SACHS EMERGING MARKETS EQUITY PORTFOLIO "BS" (USD) ACC
• LU2405385399 GS JAPAN EQUITY PARTNERS PORTFOLIO "OCS" (USD) ACC (SNAP)
• LU2011196776 GOLDMAN SACHS GLOBAL MULTI-ASSET INCOME PORTFOLIO "OCS" (HKD) INC
• LU0333810181 GOLDMAN SACHS INDIA EQUITY PORTFOLIO "BS" ACC
• LU2475587056 GS JAPAN EQUITY PARTNERS PORTFOLIO "OCS" (HKDHDG) SNAP ACC
• LU0622305505 GS EMERGING MARKETS CORPORATE BOND PORTFOLIO "BS" (USD) ACC
• LU2254254340 GS GLOBAL MILLENNIALS EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU2725941129 GS INDIA EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU2464814073 GS EMERGING MARKETS EQUITY PORTFOLIO "OCS" (HKD) ACC
• LU0786609619 GOLDMAN SACHS GLOBAL MILLENNIALS EQUITY PORTFOLIO "BS" (USD) ACC

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Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

Goldman Sachs Asset Management (India) Private Limited, has been included in the Sub-Advisers list.

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5. FUND REDENOMINATION.

Effective from 25/11/2024, the Fund GS GLOBAL MILLENNIALS EQUITY PORTFOLIO will be renamed as GOLDMAN SACHS GLOBAL FUTURE GENERATIONS EQUITY PORTFOLIO

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Affected ISIN code/s and resulting denomination/s as follows:

• LU0786609619 GOLDMAN SACHS GLOBAL FUTURE GENERATIONS EQUITY PORTFOLIO "BS" (USD) ACC
• LU2254254340 GOLDMAN SACHS GLOBAL FUTURE GENERATIONS EQUITY PORTFOLIO "OCS" (HKD) ACC

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Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

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6. CHANGE IN INVESTMENT POLICY.

Effective from 25/11/2024, the investment policy of the below fund/s will be amended:

• LU0786609619 GOLDMAN SACHS GLOBAL MILLENNIALS EQUITY PORTFOLIO "BS" (USD) ACC
• LU2254254340 GS GLOBAL MILLENNIALS EQUITY PORTFOLIO "OCS" (HKD) ACC

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Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

Material changes: The maximum level of exposure of the Portfolio’s net assets to PRC Equity Securities will be reduced from 30% to 20%.

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7. CHANGES TO PROSPECTUS.

Effective from 25/11/2024, there will be changes to the prospectus of the following funds:

• LU1932893719 GS EMERGING MARKETS CORPORATE BOND PORTFOLIO "OCS" (HKD) INC
• LU1574459522 GOLDMAN SACHS EMERGING MARKETS CORPORATE BOND PORTFOLIO "BS" (USD) INC A
• LU0622305505 GS EMERGING MARKETS CORPORATE BOND PORTFOLIO "BS" (USD) ACC

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Shareholders who do not agree with the change have the opportunity to redeem their shares free of charge until the 22/11/2024.

The section “What environmental and/or social characteristics are promoted by this financial product?” of the pre-contractual disclosures of the Portfolios will be updated to clarify that the screening processes attributing “ESG ratings” and/or “E-Score” (where relevant) to the assets held by the Portfolios apply to both corporate and sovereign issuers.

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