SoftBank Results Presentation Deck

LTV Calculation: Details of SBG Stand-alone Net Debt SBG stand-alone net debt (before adjustment) Adjustment for hybrid finance Adjustments for asset- backed finance Alibaba shares Arm shares T-Mobile shares ● Deutsche Telekom shares SBKK shares Adjusted SBG stand-alone net debt 9.98 (\ T) Consolidated net interest-bearing debt - net interest-bearing debt at self-financing entities*¹ For hybrid bonds and hybrid loans with maturity dates, deduct 50% from interest-bearing debt; as the entire amount is recorded as interest-bearing debt in the consolidated financial statements. -0.37 As for perpetual bonds, add 50% to interest-bearing debt; as the entire amount is recorded as equity in the consolidated financial statements. -7.67 -4.94 -1.26 -0.42 -0.48 -0.56 1.94 (Note) As of Sep 30, 2023 Net interest-bearing debt = Interest-bearing debt - Cash position Cash position =SoftBank Financial liabilities relating to prepaid forward contracts (floor contracts, collar contracts, and forward contracts) using Alibaba shares (¥4,940.4B) Amount equivalent to the outstanding debt balance of the borrowings made through asset- backed finance using Arm shares (¥1,259.8B) Group Financial liabilities relating to prepaid forward contracts (collar contracts) using T-Mobile shares (¥424.2) = cash and cash equivalents + short-term investments recorded as current assets + investments in government bonds Amount equivalent to the outstanding debt balance relating to collar transactions using Deutsche Telekom shares executed in Oct 2021 (¥481.6B) Equivalent amount of debt outstanding for margin loans using SBKK shares, etc. (¥561.8B) *1 Self-financing entities include SB Northstar; however, SB Northstar's cash and cash equivalents and interest-bearing debt, other than margin loans and prime brokerage loans, are treated as SBG stand-alone net interest-bearing debt. There is no balance of margin loans and prime brokerage loans of SB Northstar as of Sep 30, 2023. Finance 49

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