<p><span style="font-size: 8pt;font-family: Arial;">To provide strong total returns primarily through generating an attractive and sustainable income by investing globally across a broad range of income-generating asset classes.</span></p>


Goldman Sachs Asset Management B.V.

Goldman Sachs Asset Management International

USD Moderate Allocation

Morningstar EAA USD Mod Tgt Alloc NR USD

Allocation

MSCI World 100% Hdg NR USD

ICE BofA US HY BB-B Cons hdg TR USD

Bloomberg Gbl Agg Corp TR USD

GS Global MA Inc Base USD GrsMDist

GS Global MA Inc I Acc USD

2024

2023

2022

2021

2020

FixedIncome

Equity

CashEquivalents

Other

United States

France

United Kingdom

Germany

Canada

Netherlands

Other countries

Unclassified

Bond - Corporate Bond

Financial Services

Technology

Industrials

Healthcare

Consumer Defensive

Utilities

Energy

Consumer Cyclical

Real Estate

Communication Services

Basic Materials

Bond - Treasury Future

FORWARD US DOLLAR Purchased (2025-04-09 Maturity)

MSCS FLO ALL (2049-12-31 Maturity)

US DOLLAR (2025-04-01 Maturity)

FORWARD BRITISH POUND Purchased (2025-06-04 Maturity)

FORWARD US DOLLAR Purchased (2025-06-18 Maturity)

FORWARD US DOLLAR Purchased (2025-06-12 Maturity)

FORWARD US DOLLAR Purchased (2025-04-02 Maturity)

Ultra US Treasury Bond Future June 25 (2025-06-18 Maturity)

Euro Bobl Future June 25 (2025-06-06 Maturity)

USD MARGIN CURRENCY (2025-04-01 Maturity)

Goldman Sachs Asset Management Fund Services Ltd