Investor Presentaiton

Segment Income - Investment Business of Holding Companies SoftBank Group P/L Gain on investments Π Gain relating to sales of T-Mobile shares " FY19 FY20 Items 484.3 946.1 (1) Gain of 280.3 bn on sales of T-Mobile shares (2) Gain of 296.0 bn on the revaluation of T-Mobile shares continued to be held by the Company 421.8 (JPY bn) (3) Derivative loss of 154.5 bn relating to the call options received by Deutsche Telekom AG for T-Mobile shares held by the Company Gain relating to settlement of prepaid forward contracts using Alibaba shares 1,218.5 Realized loss on sales of investments -20.6 Realized loss on sales of investments by SB Northstar (investment in listed stocks) at asset management subsidiaries Unrealized gain on valuation of investments at asset management subsidiaries Derivative loss on investments - 134.2 Unrealized gain on valuation of investments by SB Northstar (investment in listed stocks and other instruments) at asset management subsidiaries Realized gain on sales of investments Unrealized gain (loss) on valuation of Investments -690.7 608.4 -610.7 Losses mainly related to call options on listed stocks and short stock index futures contracts at SB Northstar 17.8 222.2 FY20: Realized gain on investments SBG made in listed stocks: 222.0 bn FY20: ⚫Unrealized gain on T-Mobile shares continued to be held by the Company: 219.6 bn (for the period from June 26, 2020▪ to FY20-end) •Unrealized valuation gain on following companies: Social Finance, Inc. +124.4 bn, Lemonade, Inc. +73.0 bn, Berkshire Grey, Inc. +49.5 bn •Unrealized gain on investments SBG made in listed stocks: 42.3 bn FY20: Increase of 264.4 bn in the fair value of the right to acquire T-Mobile shares for no additional consideration if certain conditions are met, which was received as part of consideration for the merger between Sprint and T-Mobile Derivative gain (loss) on investments -66.3 185.8 Other Selling, general and administrative expenses 5.0 -75.1 5.0 -102.3 Finance cost -198.5 -218.6 Income on equity method investments 657.2 601.4 Derivative loss -1.9 -477.5 (excluding gain (loss) on investments) Other gain 47.7 11.9 Segment income (income before income tax) 913.7 760.9 Interest expenses increased mainly due to an increase in interest-bearing debt as a result of wholly owned subsidiaries conducting fund procurement entering into several prepaid forward contracts using Alibaba shares from Apr to Aug 2020 with financial institutions. FY19: Income on 277.2 bn related to acquiring Ant Financial*1 shares by Alibaba FY20: Income on equity method investments related to Alibaba 572.5 bn (Negative impact of 72.4 bn on income on equity method investments as Alibaba recorded an expense in FY20Q4 for the fine levied pursuant to China's Anti-Monopoly Law, which the Company recorded for FY20Q4 as a significant event in the staggered period) FY20: Derivative loss of 504.0 bn in connection with several prepaid forward contracts using Alibaba shares entered into in Nov 2019 and from Apr to Aug 2020 (including the impact of amendments of the contracts in Oct and Nov in 2020) *1 Ant Small and Micro Financial Services Group Co., Ltd. (currently Ant Group Co., Ltd.) Accounting 5

View entire presentation