SPDR GOLD TRUST

Previous wording

As of the date of this quarterly report, Goldman, Sachs & Co., Goldman Sachs Execution & Clearing, L.P., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Merrill Lynch Professional Clearing Corp., Morgan Stanley & Co. LLC, RBC Capital Markets LLC, UBS Securities LLC and Virtu Americas LLC are the only Authorized Participants. An updated list of Authorized Participants can be obtained from the Trustee or the Sponsor.

Current wording

As of the date of this quarterly report, Goldman Sachs & Co. LLC, Goldman Sachs Execution & Clearing, L.P., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Merrill Lynch Professional Clearing Corp., Morgan Stanley & Co. LLC, RBC Capital Markets LLC, UBS Securities LLC and Virtu Americas LLC are the only Authorized Participants. An updated list of Authorized Participants can be obtained from the Trustee or the Sponsor.

Previous wording

Inspectorate International Limited (“Inspectorate”) conducts two counts each year of the gold bullion held on behalf of the Trust at the vaults of the Custodians. A complete bar count is conducted once per year and coincides with the Trust’s financial year end at September 30 th. On October 2, 2023, Inspectorate concluded the annual full count of the Trust’s gold bullion held by HSBC at its London vault and JPMorgan at its London and New York vaults. The second count is a random sample count and is conducted at a date which falls within the same financial year and was conducted most recently at JPMorgan's London vault on March 24, 2023, and at HSBC's vault on April 5, 2023. The results can be found onwww.spdrgoldshares.com. The Sponsor generally visits the vaults of the Custodians twice a year as part of its due diligence procedures.

Current wording

Inspectorate International Limited (“Inspectorate”) conducts two counts each year of the gold bullion held on behalf of the Trust at the vaults of the Custodians. A complete bar count is conducted once per year and coincides with the Trust’s financial year end at September 30 th. On October 2, 2023, Inspectorate concluded the annual full count of the Trust’s gold bullion held by HSBC at its London vault and JPMorgan at its London and New York vaults. The second count is a random sample count and is conducted at a date which falls within the same financial year and was conducted most recently at JPMorgan's London vault on March 19, 2024, JPMorgan's New York vault on April 4, 2024, and at HSBC's London vault on April 2, 2024. The results can be found onwww.spdrgoldshares.com. The Sponsor generally visits the vaults of the Custodians twice a year as part of its due diligence procedures.

Previous wording

In the three months ended December 31, 2023, an additional 23,200,000 Shares (232 Baskets) were created in exchange for 2,151,099.2 ounces of gold, 21,000,000 Shares (210 Baskets) were redeemed in exchange for 1,947,265.3 ounces of gold, and 27,816.1 ounces of gold were sold to pay expenses.

Current wording

In the three months ended March 31, 2024, an additional 13,800,000 Shares (138 Baskets) were created in exchange for 1,278,003.3 ounces of gold, 30,500,000 Shares (305 Baskets) were redeemed in exchange for 2,825,154.9 ounces of gold, and 27,053.0 ounces of gold were sold to pay expenses.

Previous wording

At December 31, 2023, the amount of gold owned by the Trust and held by the Custodians was 28,348,007.6 ounces, 100% of which is allocated gold in the form of London Good Delivery gold bars with a market value of $58,464,930,852 based on the LBMA Gold Price PM on December 31, 2023 (cost— $48,210,295,911).

Current wording

At March 31, 2024, the amount of gold owned by the Trust and held by the Custodians was 26,690,110.8 ounces, 100% of which is allocated gold in the form of London Good Delivery gold bars with a market value of $59,101,246,874 based on the LBMA Gold Price PM on March 31, 2024 (cost— $45,873,496,634).