Goldman Sachs Global Green Bond UCITS ETF (the “Sub- Key Investor Information Fund”) This document provides you with key investor information about this fund. It is not marketing material. CLASS EUR (Dist) The information is required by law to help you understand the nature and the risks of investing in this fund. You are (ISIN: IE000SYQFJV2) 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 investment may not hold all of the securities in the Index. results that closely correspond, before fees and expenses to the ▪ The Sub-Fund may invest up to 10% of its assets in cash for liquidity performance of the Solactive Global Green Bond Select Index (thepurposes and/or derivatives for currency hedging. A derivative instrument “Index”). is a contract between two or more parties whose value depends on the ▪ The Index is designed to measure the performance of global investment rise and fall of other underlying assets. grade, fixed rate green bonds mainly issued across global markets by ▪ Income (net of expenses) is distributed on a semi-annual basis. supra-nationals, sub-sovereigns, agencies and corporates pursuing ▪ The Sub-Fund currency is EUR. The share class currency is EUR. policies of sustainable development while observing environmental, social and governance principles. Green bonds are fixed income securities▪ In normal circumstances, only authorised participants (e.g. select financial whose proceeds are used to finance climate and environmental projects institutions) may deal in shares (or interests in shares) directly with the contributing to positive benefits to the environment. Sub-Fund. Other investors can deal in shares (or interests in shares) daily ▪ The Sub-Fund aims to contribute to creating a more sustainable future bythrough an intermediary on stock exchange(s) on which the shares are investing in green bonds and seeks to achieve its sustainable investmenttraded. objective by tracking the performance of the Index. ▪ For full investment objective and policy details see the Prospectus. ▪ The Sub-Fund invests in a representative sample of constituent securities that has a collective investment profile similar to that of the Index. The securities selected for investment by the Sub-Fund are expected to have, in the aggregate, investment characteristics, fundamental characteristics and liquidity measures similar to those of the Index. The Sub-Fund may or 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 an estimate because there is no data available for the previous year. The Fund's annual report for each financial Entry charge none* year will include details of the exact charges made. This figure may vary from year to year. It excludes transaction costs (including taxes and brokerage Exit charge none* commissions) and any borrowing costs, which are payable from the assets This is the maximum that might be taken out of your money before it is of the Sub-Fund and may impact returns on your investment, and invested / before the proceeds of your investment are paid out. performance fees (where applicable). Charges taken over a year *Not applicable to secondary market investors. Investors dealing on a stock exchange will pay fees charged by their stock brokers. Such charges are Ongoing charges 0.22% publicly available on exchanges on which the shares are listed and traded, or can be obtained from stock brokers. Charges taken under certain specific conditions *Authorised participants dealing directly with the Sub-Fund will pay related Performance fee none transaction costs. 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 The Sub-Fund was launched in January 2024. The share class was launched ◼CLASS EUR (Dist) (IE000SYQFJV2) in February 2024. ◼Solactive Global Green Bond Select Index Please be aware that past performance is not indicative of future performance which may vary. 1.2 10.8 There is insufficient data to provide a useful indication of past performance. % 0.60.40.2 0 202020212022 2023 2024 Practical Information Depositary: The Bank of New York Mellon SA/NV Dublin Branch Tax Legislation: This Sub-Fund's investments may be subject to tax in the Further Information: The Prospectus, annual and semi-annual reports and countries in which it invests. In addition, this Sub-Fund is subject to the tax latest share price are available free of charge from the Fund's registered law and regulation of Ireland which may have an impact on your personal tax office, the Manager, administrator or the Sub-Fund's distributors. position and impact your investment. For further details, please speak to your This document is for a single Sub-Fund of the Fund and the Prospectus, professional advisers. annual and semi-annual reports are for the entire Fund. Remuneration Policy: Details of the up-to-date remuneration policy of the The Fund is an Irish collective asset-management vehicle with segregatedManager, including, but not limited to, a description of how the remuneration liability between Sub-Funds under Irish law. Therefore, the assets of the Sub- and benefits are determined and governed by the Manager, are available at Fund you have invested in will not be used to pay the liabilities of other Sub- https://www.gsam.com/sm/remunerationpolicy and a paper copy is made Funds. However, this has not been tested in other jurisdictions.available free of charge upon request. Switching between Sub-Funds: Shares are available in other shareThe Sub-Fund will publicly disclose its complete holdings on a daily basis. classes and in other currencies as may be specified in the Prospectus. Details of the Sub-Fund's holdings and full disclosure policy are available at Shareholders may apply for their shares in any share class of any Sub-Fund www.gsam.com. The indicative net asset values (iNAVs) are disseminated to be converted into any share class of another Sub-Fund, subject to theand are displayed on major market data vendor terminals, including conditions set out in the Prospectus (charges may apply). Bloomberg, Reuters. Liability Statement: The Fund may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the Fund. 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.