Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF Key Investor Information (the “Sub-Fund”) This document provides you with key investor information about this fund. It is not marketing material. CLASS GBP (Dist) The information is required by law to help you understand the nature and the risks of investing in this fund. You are (ISIN: IE0003MKK4H3) advised to read it so you can make an informed decision about whether to invest. a sub-fund of Goldman Sachs ETF ICAV (the “Fund”) The Sub-Fund is managed by Goldman Sachs Asset Management Fund Services Limited (the “Manager”), part of the Goldman Sachs group of companies. Objectives and Investment Policy ▪ The Sub-Fund is passively managed and seeks to provide income and and fall of other underlying assets. capital growth over the longer term and aims to achieve investment results▪ The Sub-Fund will not invest more than one-tenth of its assets in other that closely correspond, before fees and expenses, to the performance ofcollective investment schemes. the FTSE Goldman Sachs UK Gilts 1-10 Years Index (the “Index”). ▪ Shares in the Sub-Fund may be redeemed daily (on each business day) ▪ The Index is designed to measure the performance of UK government on demand. bonds with a minimum maturity of at least one year and a maximum of ten ▪ Income (net of expenses) is distributed on a semi-annual basis. years. ▪ The Sub-Fund will mostly invest in fixed-income securities issued by the ▪ The Sub-Fund currency is GBP. The share class currency is GBP. UK government.▪ In normal circumstances, only authorised participants (e.g. select financial ▪ The Sub-Fund invests in a representative sample of constituent securities institutions) may deal in shares (or interests in shares) directly with the that has a collective investment profile similar to that of the Index. The Sub-Fund. Other investors can deal in shares (or interests in shares) daily securities selected for investment by the Sub-Fund are expected to have,through an intermediary on stock exchange(s) on which the shares are in the aggregate, investment characteristics, fundamental characteristics traded. and liquidity measures similar to those of the Index. The Sub-Fund may or ▪ For full investment objective and policy details see the Prospectus. may not hold all of the securities in the Index. ▪ The Sub-Fund may, on an ancillary basis, use derivatives for efficient portfolio management purposes, to help manage risks and for investment purposes in order to seek to increase return. A derivative instrument is a contract between two or more parties whose value depends on the rise Risk and Reward Profile Lower riskHigher risk ▪Credit risk - The failure of a counterparty or an issuer of a financial asset held within the Sub-Fund to meet its payment obligations will have Potentially lower rewardPotentially higher rewarda negative impact on the Sub-Fund. ▪Derivatives risk - derivative instruments are highly sensitive to 1 2 3 45 6 7 changes in the value of the underlying asset that they are based on. Certain derivatives may result in losses greater than the amount originally invested. This risk profile is based on historical data and may not be a reliable ▪Counterparty risk - a party that the Sub-Fund transacts with may fail indication of the future risk profile of the Sub-Fund. The risk category shown to meet its obligations which could cause losses. is not guaranteed and may change over time. The lowest category does not mean risk free. It is possible that a sub-fund stated to have a lower risk profile ▪Sustainability risk - an environmental, social or governance event or may in fact fall in value more than a sub-fund with a higher risk profile. condition that could cause the value of the portfolio to go down. Examples of sustainability risks include physical environmental risks, The Sub-Fund is in category 4 as it mostly invests in fixed income securitiesclimate change transition risks, supply chain disruptions, improper which typically experience lower levels of price fluctuation than shares and labour practices, lack of board diversity and corruption. similar instruments. ▪Index tracking error risk - the performance of the Sub-Fund may not The capital is not guaranteed. generally follow and may be very different from the performance of the Other Material Risks:Index. The anticipated tracking error has been calculated using historical data and therefore may not capture all factors that will impact ▪ Market risk - the value of assets in the Sub-Fund is typically dictated a Sub-Fund's actual performance against its reference index.by a number of factors, including the confidence levels of the market inwhich they are traded. ▪Fixed-Income Securities Risk - Investment by the Sub-Fund in these securities exposes it to the risk of the issuer's or a guarantor's inability ▪ Operational risk - material losses to the Sub-Fund may arise as a to meet principal and interest payments on its obligations (i.e., creditresult of human error, system and/or process failures, inadequate risk). These securities may also be subject to price volatility due toprocedures or controls. factors such as interest rate sensitivity, market perception of the ▪ Liquidity risk - the Sub-Fund may not always find another party willing creditworthiness of the issuer, and general market liquidity (i.e., marketto purchase an asset that the Sub-Fund wants to sell which could impact risk). A Sub-Fund's investments in these securities may be subject tothe Sub-Fund's ability to meet redemption requests on demand. early redemption features which may have a material adverse effect on the Sub-Fund's investment objective and the profits on invested capital. ▪ Exchange rate risk - changes in exchange rates may reduce orincrease the returns an investor might expect to receive independent of ▪Sampling Risk - The use of a representative sampling approach willthe performance of such assets. Hedging of this risk may not be fully result in the Sub-Fund holding a smaller number of securities than areeffective and may increase other risks (e.g. derivative risk).in the Index. As a result, an adverse development with respect to a security held by the Sub-Fund could result in a greater decline in Net ▪ Custodian risk - insolvency, breaches of duty of care or misconduct ofAsset Value than would be the case if the Sub-Fund held all of thea custodian or sub-custodian responsible for the safekeeping of the securities in the respective Index.Sub-Fund's assets can result in loss to the Sub-Fund. ▪For more detailed information on the risks associated with an ▪ Interest rate risk - when interest rates rise, bond prices fall, reflecting investment in the Sub-Fund, please refer to the section in thethe ability of investors to obtain a more attractive rate of interest on theirProspectus entitled “Risk Considerations” and discuss with yourmoney elsewhere. Bond prices are therefore subject to movements inprofessional advisers.interest rates which may move for a number of reasons, political as wellas economic. Charges The charges you pay are used to pay the cost of running the Sub-Fund, Where applicable, the entry and exit charges shown are maximum figures including the costs of marketing and distributing it. These charges reduce the and in some cases you might pay less - please contact your professional potential growth of your investment.advisers for more information. One-off charges taken before or after you investThe ongoing charges figure is based on expenses for the year ending December 2024. This figure may vary from year to year. It excludes Entry charge none* transaction costs (including taxes and brokerage commissions) and any borrowing costs, which are payable from the assets of the Portfolio and may Exit charge none* impact returns on your investment, and performance fees (where applicable). This is the maximum that might be taken out of your money before it is *Not applicable to secondary market investors. Investors dealing on a stock invested / before the proceeds of your investment are paid out. exchange will pay fees charged by their stock brokers. Such charges are Charges taken over a year publicly available on exchanges on which the shares are listed and traded, or can be obtained from stock brokers. Ongoing charges 0.07% *Authorised participants dealing directly with the Sub-Fund will pay related Charges taken under certain specific conditions transaction costs. Performance fee none For more information about charges, please refer to the Fund's Prospectus, section entitled “Fees and Expenses” and the relevant supplement for the Sub-Fund. Past Performance CLASS GBP (Dist) (IE0003MKK4H3) The Sub-Fund was launched in September 2021. The share class was FTSE Goldman Sachs UK Gilts 1-10 Years Index launched in September 2021. Where applicable, past performance has been calculated in GBP and is 6 expressed as a percentage change of the Sub-Fund''s Net Asset Value at each year end (net of all fees). Where past performance is not shown there is insufficient data to provide a useful indication of past performance. 4 Please be aware that past performance is not indicative of future 2 performance which may vary.0 % -2-4-6-8 -10 2020 2021 2022 2023 2024 -9.2 4.4 0.2 -9.1 4.6 0.2Practical Information Depositary: The Bank of New York Mellon SA/NV Dublin Branch Liability Statement: The Fund may be held liable solely on the basis of any Further Information: The Prospectus, annual and semi-annual reports and statement contained in this document that is misleading, inaccurate or latest share price are available free of charge from the Fund's registered inconsistent with the relevant parts of the Prospectus for the Fund. office, the Manager, administrator or the Sub-Fund's distributors. Tax Legislation: This Sub-Fund's investments may be subject to tax in the This document is for a single Sub-Fund of the Fund and the Prospectus, countries in which it invests. In addition, this Sub-Fund is subject to the tax annual and semi-annual reports are for the entire Fund. law and regulation of Ireland which may have an impact on your personal tax The Fund is an Irish collective asset-management vehicle with segregatedposition and impact your investment. For further details, please speak to your professional advisers. liability between Sub-Funds under Irish law. Therefore, the assets of the Sub- Fund you have invested in will not be used to pay the liabilities of other Sub- Remuneration Policy: Details of the up-to-date remuneration policy of the Funds. However, this has not been tested in other jurisdictions.Manager, including, but not limited to, a description of how the remuneration The Sub-Fund is not in any way connected to or sponsored, endorsed, soldand benefits are determined and governed by the Manager, are available at https://www.gsam.com/sm/remunerationpolicy and a paper copy is made or promoted by the London Stock Exchange Group plc and its groupavailable free of charge upon request. undertakings (collectively, the “LSE Group”). The LSE Group does not accept any liability whatsoever to any person arising out of the use of Sub-Fund orThe Sub-Fund will publicly disclose its complete holdings on a daily basis. the underlying data.Details of the Sub-Fund's holdings and full disclosure policy are available at Switching between Sub-Funds: Shares are available in other sharewww.gsam.com. The indicative net asset values (iNAVs) are disseminated and are displayed on major market data vendor terminals, including classes and in other currencies as may be specified in the Prospectus. Bloomberg, Reuters. Shareholders may apply for their shares in any share class of any Sub-Fund to be converted into any share class of another Sub-Fund, subject to the conditions set out in the Prospectus (charges may apply). This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. The Manager is authorised in Ireland and regulated by the Central Bank of Ireland. This key investor information is accurate as at 07/02/2025.