GOLDMAN SACHS BANK EUROPE SE

Goldman Sachs Bank Europe SE is a German credit institution headquartered in Frankfurt am Main and an indirect subsidiary of The Goldman Sachs Group, Inc., structured as a Societas Europaea and established as the group’s primary European Union banking hub after the UK’s withdrawal from the EU. It holds a full license under the German Banking Act (KWG) and is designated a significant institution under the ECB’s Single Supervisory Mechanism, with prudential supervision by the European Central Bank and ongoing oversight involving BaFin and Deutsche Bundesbank. The bank provides corporate and institutional banking, securities underwriting and placement, financing, and markets activities across the EEA, including fixed income, currencies and commodities, equities, derivatives, and risk management services for professional clients and eligible counterparties; it does not operate as a mass‑market retail bank. Services are delivered through cross‑border passports and branches in selected EU member states, and the institution is subject to the EU CRR/CRD capital and liquidity framework, MiFID II/MiFIR conduct rules for investment services, EMIR and SFTR reporting and clearing requirements, and the Market Abuse Regulation. Resolution planning is within the Single Resolution Mechanism, with the Single Resolution Board as resolution authority and BaFin acting at the national level; the bank is required to meet Minimum Requirement for own funds and Eligible Liabilities (MREL). Eligible deposits are covered by Germany’s statutory deposit guarantee scheme, Entschädigungseinrichtung deutscher Banken (EdB), up to EUR 100,000 per depositor in line with EU law. Governance follows Germany’s two‑tier model with a management board and supervisory board, and the bank publishes annual financial statements and Pillar 3 disclosures detailing risk, capital, leverage, and liquidity metrics. Since the Brexit transition, the institution has expanded EU‑based activities and balance sheet resources to support continuity of service for European clients while aligning group risk management with local regulatory expectations, including the use of approved internal models where applicable.