Regional Disclosures

Argentina: The information has been provided at your request.

Australia: This material is being disseminated in Australia by Goldman Sachs & Co (“GSCo”); Goldman Sachs International (“GSI”); Goldman Sachs (Singapore) Pte (“GSSP”) and/or Goldman Sachs (Asia) LLC (“GSALLC”). In Australia, this document, and any access to it, is intended only for a person that has first satisfied Goldman Sachs that:

  • The person is a Sophisticated or Professional Investor for the purposes of section 708 of the Corporations Act 2001 (Cth) (“Corporations Act”); or
  • The person is a wholesale client for the purposes of section 761G of the Corporations Act.

 No offer to acquire any financial product or interest in any securities or interests of any kind is being made to you in this document. If financial products or interests in any securities or interests of any kind do become available in the future, the offer may be arranged by an appropriately licensed Goldman Sachs entity in Australia in accordance with section 911A(2) (b) of the Corporations Act. Any offer will only be made in circumstances where disclosures and/or disclosure statements are not required under Part 6D.2 or Part 7.9 of the Corporations Act (as relevant).

To the extent that any financial service is provided in Australia by GSCo, GSI, GSSP and/or GSALLC, those services are provided on the basis that they are provided only to “wholesale clients”, as defined for the purposes of the Corporations Act. GSCo, GSI, GSSP and GSALLC are exempt from the requirement to hold an Australian Financial Services Licence under the Corporations Act and do not therefore hold an Australian Financial Services Licence. GSCo is regulated by the Securities and Exchange Commission under US laws; GSI is regulated by the Financial Conduct Authority and the Prudential Regulation Authority under laws in the United Kingdom; GSSP is regulated by the Monetary Authority of Singapore under Singaporean laws; and GSALLC is regulated by the Securities and Futures Commission under Hong Kong laws; all of which differ from Australian laws. Any financial services given to any person by GSCo, GSI, and/or GSSP in Australia are provided pursuant to ASIC Class Orders 03/1100; 03/1099; and 03/1102 respectively.

Bahrain: GSI represents and warrants that it has not made and will not make any invitation to the public in the Kingdom of Bahrain to subscribe for the fund. This presentation has not been reviewed by the Central Bank of Bahrain (CBB) and the CBB takes no responsibility for the accuracy of the statements or the information contained herein, or for the performance of the securities or related investment, nor shall the CBB have any liability to any person for damage or loss resulting from reliance on any statement or information contained herein. This presentation will not be issued, passed to, or made available to the public generally.

Brazil. These materials are provided at your request and solely for your information, and in no way constitutes an offer, solicitation, advertisement or advice of, or in relation to, any securities, funds, or products by any of Goldman Sachs affiliates in Brazil or in any jurisdiction in which such activity is unlawful or unauthorized, or to any person to whom it is unlawful or unauthorized. This document has not been delivered for registration to the relevant regulators or financial supervisory bodies in Brazil, such as the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários – CVM) nor has its content been reviewed or approved by any such regulators or financial supervisory bodies. The securities, funds, or products described in this document have not been registered with the relevant regulators or financial supervisory bodies in Brazil, such as the CVM, nor have been submitted for approval by any such regulators or financial supervisory bodies. The recipient undertakes to keep these materials as well as the information contained herein as confidential and not to circulate them to any third party.

Chile: Fecha de inicio de la oferta: (i) La presente oferta se acoge a la Norma de Carácter General N° 336 de la Superintendencia de Valores y Seguros de Chile; (ii) La presente oferta versa sobre valores no inscritos en el Registro de Valores o en el Registro de Valores Extranjeros que lleva la Superintendencia de Valores y Seguros, por lo que los valores sobre los cuales ésta versa, no están sujetos a su fiscalización; (iii) Que por tratarse de valores no inscritos, no existe la obligación por parte del emisor de entregar en Chile información pública respecto de estos valores; y (iv) Estos valores no podrán ser objeto de oferta pública mientras no sean inscritos en el Registro de Valores correspondiente.

Dubai: Goldman Sachs International (“GSI”) is authorised and regulated by the Dubai Financial Services Authority (“DFSA”) in the DIFC and the Financial Services Authority (“FSA”) authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority in the UK. Registered address of the DIFC branch is Level 5, Gate Precinct Building 1, Dubai International Financial Centre, PO Box 506588, Dubai, UAE and registered office of GSI in the UK is Plumtree Court, 25 Shoe Lane, London, EC4A 4AU, United Kingdom. This material is only intended for use by market counterparties and professional clients, and not retail clients, as defined by the DFSA Rulebook. Any products that are referred to in this material will only be made available to those clients falling within the definition of market counterparties and professional clients.

Israel: Goldman Sachs is not licensed to provide investment advice or investment management services under Israeli law.

Korea: No Goldman Sachs entity, other than Goldman Sachs (Asia) L.L.C, Goldman Sachs Asset Management International and Goldman Sachs Asset Management Korea Co., Ltd., is currently licensed to provide discretionary investment management services and advisory services to clients in Korea and nothing in this material should be construed as an offer to provide such services except as otherwise permitted under relevant laws and regulations. Goldman Sachs (Asia) L.L.C. is registered as a Cross-Border Discretionary Investment Management Company and a Cross-Border Investment Advisory Company with the Korean Financial Supervisory Commission, and as a licensed corporation for, amongst other regulated activities, advising on securities and asset management with the Hong Kong Securities & Futures Commission. Goldman Sachs Asset Management International is licensed as a Cross-Border Discretionary Investment Management Company and a CrossBorder Investment Advisory Company with the Korean Financial Supervisory Commission, as an investment adviser with the Securities and Exchange Commission of the United States and for Managing Investments with the Financial Services Authority of the United Kingdom. Goldman Sachs Asset Management Korea Co., Ltd. is licensed as an Asset Management Company in Korea and is also registered as an Investment Advisory Company and Discretionary Investment Management Company with the Korean Financial Supervisory Commission. Details of their respective officers and major shareholders can be provided upon request.

Oman: The information contained in these materials neither constitutes a public offer of securities in the Sultanate of Oman as contemplated by the Commercial Companies Law of Oman (Sultani Decree 4/74) or the Capital Market Law of Oman (Sultani Decree 80/98) nor does it constitute an offer to sell, or the solicitation of any offer to buy Non-Omani securities in the Sultanate of Oman as contemplated by Article 6 of the Executive Regulations to the Capital Market Law (issued vide Ministerial Decision No. 4/2001). Additionally, these materials are not intended to lead to the conclusion of any contract of whatsoever nature within the territory of the Sultanate of Oman.

Panama: These Securities have not been and will not be registered with the national Securities Commission of the Republic of Panama under Decree Law No. 1 of July 8, 1999 (the “Panamanian Securities Act”) and may not be offered or sold within Panama except in certain limited transactions exempt from the registration requirements of the Panamanian Securities Act. These Securities do not benefit from the tax incentives provided by the Panamanian Securities Act and are not subject to regulation or supervision by the National Securities Commission of the Republic of Panama. This material constitutes generic information regarding Goldman Sachs and the products and services that it provides and should not be construed as an offer or provision of any specific services or products of Goldman Sachs for which a prior authorization or license is required by Panamanian regulators.

Peru: The products or securities referred to herein have not been registered before the Superintendencia del Mercado de Valores (SMV) and are being placed by means of a private offer. SMV has not reviewed the information provided to the investor.

Qatar: The investments described in this document have not been, and will not be, offered, sold or delivered, at any time, directly or indirectly in the State of Qatar in a manner that would constitute a public offering. This document has not been, and will not be, registered with or reviewed or approved by the Qatar Financial Markets Authority, the Qatar Financial Centre Regulatory Authority or Qatar Central Bank and may not be publicly distributed. This document is intended for the original recipient only and must not be provided to any other person. It is not for general circulation in the State of Qatar and may not be reproduced or used for any other purpose.

Singapore: This document has not been delivered for registration to the relevant regulators or financial supervisory bodies in Hong Kong or Singapore, nor has its content been reviewed or approved by any financial supervisory body or regulatory authority. The information contained in this document is provided at your request and for your information only. It does not constitute an offer or invitation to subscribe for securities or interests of any kind. Accordingly, unless permitted by the securities laws of Hong Kong or Singapore, (i) no person may issue or cause to be issued this document, directly or indirectly, other than to persons who are professional investors, institutional investors, accredited investors or other approved recipients under the relevant laws or regulations (ii) no person may issue or have in its possession for the purposes of issue, this document, or any advertisement, invitation or document relating to it, whether in Hong Kong, Singapore or elsewhere, which is directed at, or the contents of which are likely to be accessed by, the public in Hong Kong or Singapore and (iii) the placement of securities or interests to the public in Hong Kong and Singapore is prohibited. Before investing in securities or interests of any kind, you should consider whether the products are suitable for you.

South Africa: Goldman Sachs does not provide tax, accounting, investment or legal advice to our clients, and all clients are advised to consult with their own advisers regarding any potential investment/transaction. This material is for discussion purposes only, and does not purport to contain a comprehensive analysis of the risk/ rewards of any idea or strategy herein. Any potential investment/transaction described within is subject to change and Goldman Sachs Internal approvals. Goldman Sachs International is an authorised financial services provider in South Africa under the Financial Advisory and Intermediary Services Act, 2002.

Ukraine: Goldman Sachs & Co. LLC is not registered in Ukraine and carries out its activity and provides services to its clients on a purely cross-border basis and has not established any permanent establishment under Ukrainian law. The information contained in this document shall not be treated as an advertisement under Ukrainian law.

United Arab Emirates: The information contained in this document does not constitute, and is not intended to constitute, a public offer of securities in the United Arab Emirates in accordance with the Commercial Companies Law (Federal Law No. 8 of 1984, as amended) or otherwise under the laws of the United Arab Emirates. This document has not been approved by, or filed with the Central Bank of the United Arab Emirates or the Securities and Commodities Authority. If you do not understand the contents of this document, you should consult with a financial advisor. This document is provided to the recipient only and should not be provided to or relied on by any other person.

United Kingdom: This material has been approved for issue in the United Kingdom solely for the purposes of Section 21 of the Financial Services and Markets Act 2000 by GSI, Plumtree Court, 25 Shoe Lane, London, EC4A 4AU, United Kingdom. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

 

Goldman Sachs & Co. LLC is registered with the Securities and Exchange Commission (“SEC”) as both a broker-dealer and an investment adviser and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”).

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