Goldman Sachs filed a Certificate of Designations on January 21, 2025, establishing the terms of its 6.850% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Z, with a liquidation preference of $25,000 per share. The issuance of this stock imposes restrictions on declaring or paying dividends on common stock if dividends on the Series Z Preferred Stock are not paid. The filing includes related exhibits, such as the terms of the Series Z Preferred Stock and legal opinions regarding its issuance.