Crossing of Thresholds for The Goldman Sachs Group Inc. at BNP Paribas

On May 24, 2024, BNP Paribas announced that The Goldman Sachs Group Inc. fell below the thresholds of 5% of its capital and voting rights, now holding 1.24% of these. This announcement was made in accordance with article L. 233-7 of the Commercial Code.

This crossing results from a sale of shares outside the market, allowing the declarant to benefit from the trading exemption. The Goldman Sachs Group Inc. indirectly controls several companies that collectively own 14,198,027 BNP Paribas shares. This includes various organizations such as Goldman Sachs & Co. LLC and Goldman Sachs Asset Management.

In addition, The Goldman Sachs Group Inc. also holds 47,930 shares through a securities loan with call rights and 7,824,264 shares through various financial contracts including options and swaps. These positions reflect a diversified BNP Paribas equity management strategy.