Securities Report (Domestic Investment Trust Beneficiary Certificates) - 41st Period (2025/09/23–2026/03/23)

Goldman Sachs Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 41st Period (2025/09/23–2026/03/23)

This report presents the financial condition and investment performance of domestic investment trust beneficiary certificates managed by Goldman Sachs Asset Management Co., Ltd. for the 41st period from September 23, 2025, to March 23, 2026. It is disclosed in accordance with the Investment Trusts and Investment Corporations Act and the Financial Instruments and Exchange Act, aiming to provide appropriate information to investors.

The report includes changes in net asset value during the period, dividend distribution records, any changes in investment policy, major holdings, risk factor disclosures, and a breakdown of trust fees. Investment performance is evaluated against established benchmarks, enabling investors to objectively assess results.

This investment trust is designed as a balanced fund incorporating domestic and international equities, bonds, and real estate securities, aiming to achieve long-term capital growth and stable returns. The investment team employs a strategy combining macroeconomic analysis with individual security selection, regularly reviewing and adjusting the portfolio in response to changing market conditions.

The report has been submitted to the Financial Services Agency and is also publicly available on the company's website, accessible to investors and other stakeholders. It will also be used for investor briefings and analyst presentations.

Going forward, the company will continue to strengthen governance and enhance information disclosure to build and maintain investor trust.