# EDGAR Filing Document

**Accession Number:** 0001557156
**File Stem:** 0001752724-25-146906
**Filing Date:** 2025-6
**Character Count:** 28378
**Document Hash:** b1b2c8f32f600de9fdf6259f03b42920
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-146906.hdr.sgml**: 20250617

**ACCESSION NUMBER**: 0001752724-25-146906

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250617

**DATE AS OF CHANGE**: 20250617

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Goldman Sachs Trust II
- **CENTRAL INDEX KEY:** 0001557156

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22781
- **FILM NUMBER:** 251052708

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **STREET 2:** 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282
- **BUSINESS PHONE:** 212-902-1000

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **STREET 2:** 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282

## Series and Classes Contracts Data

### Goldman Sachs GQG Partners International Opportunities Fund (Series ID: S000055738)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000175541 | Class A Shares       | GSIHX           |
| C000175542 | Class C Shares       | GSILX           |
| C000175543 | Institutional Shares | GSIMX           |
| C000175544 | Investor Shares      | GSINX           |
| C000175545 | Class R Shares       | GSIQX           |
| C000175546 | Class R6 Shares      | GSIYX           |
| C000201705 | Class P Shares       | GGIPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Goldman Sachs Trust II

- **b. Investment Company Act file number:** 811-22781

- **c. CIK number of Registrant:** 0001557156

- **d. LEI of Registrant:** 54930076LXUZ0NBAPG06

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 WEST STREET

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10282

  - **Telephone number:** 212-902-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Goldman Sachs GQG Partners International Opportunities Fund

- **b. EDGAR series identifier (if any):** S000055738

- **c. LEI of Series:** 549300KNO4AKE1XOS861

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $51500977527.75

**Total Liabilities:** $1196824957.00

**Net Assets:** $50304152570.75

**Cash Not Reported:** $120747935.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000201705 | 2.31%                | 1.68%                | 1.89%                |
| Class ID C000175542 | 2.25%                | 1.60%                | 1.77%                |
| Class ID C000175543 | 2.31%                | 1.73%                | 1.84%                |
| Class ID C000175544 | 2.32%                | 1.69%                | 1.85%                |
| Class ID C000175546 | 2.31%                | 1.73%                | 1.84%                |
| Class ID C000175545 | 2.27%                | 1.67%                | 1.79%                |
| Class ID C000175541 | 2.28%                | 1.69%                | 1.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-508834651.39           | $1462615928.05                             |
| Month 2  | $575393532.41            | $137351034.30                              |
| Month 3  | $567196581.79            | $259080929.38                              |

### Schedule of Portfolio Investments

| Name                                           | Title                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| British American Tobacco PLC                   | British American Tobacco PLC                   | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |   13228571 | NS      | $576104267.05  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands PLC                            | Imperial Brands PLC                            | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |   15383311 | NS      | $631224245.98  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group PLC                                   | BT Group PLC                                   | CUSIP: 000000000<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |    3076238 | NS      | $7139811.98    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                     | L'Oreal SA                                     | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |     866560 | NS      | $382903099.28  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                                  | Beiersdorf AG                                  | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |    3012586 | NS      | $424467264.96  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC                       | Rolls-Royce Holdings PLC                       | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |   76727439 | NS      | $776671291.55  | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris International Inc                | Philip Morris International Inc                | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |   21231175 | NS      | $3638174148.00 | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Adani Power Ltd                                | Adani Power Ltd                                | CUSIP: 000000000<br>LEI: 33580074T4XKFXBDG813 | Long             | EC               | CORP              | IN        |  127587984 | NS      | $801693938.41  | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco PLC                   | British American Tobacco PLC                   | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |   37840569 | NS      | $1648272583.67 | 3.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                   | Unilever PLC                                   | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    7674108 | NS      | $488609540.82  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Adani Ports & Special Economic Zone Ltd        | Adani Ports & Special Economic Zone Ltd        | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | EC               | CORP              | IN        |   52502885 | NS      | $755342051.17  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                         | SAP SE                                         | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    3956902 | NS      | $1157744863.47 | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                 | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    8418284 | NS      | $713276795.77  | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                             | Deutsche Boerse AG                             | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |    2395010 | NS      | $771417994.08  | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubb Ltd                                      | Chubb Ltd                                      | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    5204561 | NS      | $1488920810.88 | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BTG Pactual SA                           | Banco BTG Pactual SA                           | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |    2129000 | NS      | $14296748.10   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                   | Iberdrola SA                                   | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |   60239899 | NS      | $1085875619.19 | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA                         | Petroleo Brasileiro SA                         | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EP               | CORP              | BR        |  155731263 | NS      | $822952799.02  | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Adani Green Energy Ltd                         | Adani Green Energy Ltd                         | CUSIP: 000000000<br>LEI: 335800ZBBU81OH211H17 | Long             | EC               | CORP              | IN        |   40667543 | NS      | $432293615.46  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                      | Thales SA                                      | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |    2124388 | NS      | $595088508.59  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Enbridge Inc                                   | Enbridge Inc                                   | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |   38078878 | NS      | $1780752404.37 | 3.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Roche Holding AG                               | Roche Holding AG                               | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    1771463 | NS      | $579244227.03  | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                        | Procter & Gamble Co/The                        | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    1090585 | NS      | $177296403.45  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                               | TotalEnergies SE                               | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |   23117989 | NS      | $1316689667.69 | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S                               | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |   10133260 | NS      | $677525076.53  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                       | Itau Unibanco Holding SA                       | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |  122092122 | NS      | $765448966.24  | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd                                        | ITC Ltd                                        | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |  199491132 | NS      | $1004437367.33 | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                       | Enel SpA                                       | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |  122591237 | NS      | $1061579959.00 | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil SA                  | Industria de Diseno Textil SA                  | CUSIP: 000000000<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |    8970208 | NS      | $482372772.87  | 0.96%             |  |  |  | No            |                  2 | On Loan: —       |
| State Bank of India                            | State Bank of India                            | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |   55237629 | NS      | $515897290.18  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk PT                       | Bank Central Asia Tbk PT                       | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        | 1048893098 | NS      | $557619372.88  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rosneft Oil Co PJSC                            | Rosneft Oil Co PJSC                            | CUSIP: 000000000<br>LEI: 253400JT3MQWNDKMJE44 | Long             | EC               | CORP              | RU        |   34154161 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nestle SA                                      | Nestle SA                                      | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |   11187088 | NS      | $1190724382.87 | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                               | Deutsche Bank AG                               | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EC               | CORP              | DE        |   15433570 | NS      | $404673478.90  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| GMR Airports Ltd                               | GMR Airports Ltd                               | CUSIP: 000000000<br>LEI: 3358008S2MTRWZ255P70 | Long             | EC               | CORP              | IN        |  238903414 | NS      | $246284944.49  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                            | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |   95507645 | NS      | $509847030.88  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                | AstraZeneca PLC                                | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |   12217519 | NS      | $1750364867.66 | 3.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                              | Bharti Airtel Ltd                              | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |   34198284 | NS      | $754353681.77  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | EC               | RF                | US        | 3249497576 | NS      | $3249497576.21 | 6.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Adani Enterprises Ltd                          | Adani Enterprises Ltd                          | CUSIP: 000000000<br>LEI: 335800OTN96B3M38HC30 | Long             | EC               | CORP              | IN        |   24452293 | NS      | $665933106.62  | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon AG                                       | Alcon AG                                       | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    1313078 | NS      | $127579302.80  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco Inc                              | Japan Tobacco Inc                              | CUSIP: 000000000<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | EC               | CORP              | JP        |   13418800 | NS      | $413406885.65  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                            | Deutsche Telekom AG                            | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |   28557033 | NS      | $1025698207.91 | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Veolia Environnement SA                        | Veolia Environnement SA                        | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |    4824880 | NS      | $176224234.16  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Gazprom PJSC                                   | Gazprom PJSC                                   | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |   48039056 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                  | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |    8040007 | NS      | $330115011.64  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                   | CaixaBank SA                                   | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |   97944288 | NS      | $750665211.06  | 1.49%             |  |  |  | No            |                  2 | On Loan: —       |
| QBE Insurance Group Ltd                        | QBE Insurance Group Ltd                        | CUSIP: 000000000<br>LEI: 549300D2FBW76FPUSG65 | Long             | EC               | CORP              | AU        |    4409271 | NS      | $60935779.07   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit SpA                                  | UniCredit SpA                                  | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |   11325201 | NS      | $658909929.14  | 1.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Danone SA                                      | Danone SA                                      | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |    1521803 | NS      | $130945699.61  | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                     | Allianz SE                                     | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |    1249553 | NS      | $516786013.56  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Intact Financial Corp                          | Intact Financial Corp                          | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |    2911411 | NS      | $646588354.76  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                      | Sanofi SA                                      | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    8112159 | NS      | $887403911.79  | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| LUKOIL PJSC                                    | LUKOIL PJSC                                    | CUSIP: 000000000<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |    3681622 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Vinci SA                                       | Vinci SA                                       | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |    3115230 | NS      | $437588002.52  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |  719760032 | NS      | $719760032.38  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                      | Shell PLC                                      | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   26773616 | NS      | $870959184.00  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA                         | Petroleo Brasileiro SA                         | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |   71773456 | NS      | $810322318.24  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                                   | Glencore PLC                                   | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |  200734356 | NS      | $658154630.40  | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                   | Takeda Pharmaceutical Co Ltd                   | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    4465100 | NS      | $135063027.76  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Adani Energy Solutions Ltd                     | Adani Energy Solutions Ltd                     | CUSIP: 000000000<br>LEI: 549300PLH866JQ6LXE52 | Long             | EC               | CORP              | IN        |   35227459 | NS      | $373447100.22  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd      | Taiwan Semiconductor Manufacturing Co Ltd      | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   24030951 | NS      | $680906212.22  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                 | ICICI Bank Ltd                                 | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |   35001485 | NS      | $1174649836.60 | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                    | Novartis AG                                    | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |   13088893 | NS      | $1492882581.51 | 2.97%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid PLC                              | National Grid PLC                              | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |   76744264 | NS      | $1107734428.08 | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| International Holding Co PJSC                  | International Holding Co PJSC                  | CUSIP: 000000000<br>LEI: 9845000BB909CE4A0G98 | Long             | EC               | CORP              | AE        |    4648706 | NS      | $507515853.58  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                  | HDFC Bank Ltd                                  | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    7437704 | NS      | $540646703.76  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc                      | Tokio Marine Holdings Inc                      | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |    8648125 | NS      | $346637191.06  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                              | HSBC Holdings PLC                              | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |   56132377 | NS      | $625728901.76  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** Goldman Sachs Trust II

**Signature:** Peter Fortner

**Name of Signer:** Peter Fortner

**Title:** Vice President