Investor Presentaiton
SVF 1
PROGRESS & HIGHLIGHTS
Coupang IPO Drives Substantial Valuation Uplift
As of May 07, 2021
Gross MOIC¹
Gross Unrealized Gain²
NYSE: CPNG
coupang
8.1x
$19.4B
Cost4
SEP 28, 2018
$4.80
IPO MAR 11, 2021
$35.00
--//-
2021
Trading Activity5
+41%
Current Market Cap³
$66.8B
MAY 07, 2021
$38.93
coupang
10
Footnotes:
1. Gross MOIC (Gross Multiple of Invested Capital) is measured by dividing the Investment's total Realized and Unrealized value as of May 07, 2021 by the total amount invested. It includes valuation changes that reflect Unrealized estimated amounts, does not
take into account taxes or Fund-related expenses at the time of exit that would reduce the value of returns experienced by investors, and should not be construed as indicative of actual or future performance. Net performance for individual Investments
cannot be calculated without making arbitrary assumptions about allocations of fees and expenses, and for that reason is not included herein.
2. Gross Unrealized Gain is before tax and expenses.
3. Current Market Cap represents Coupang's market capitalization as of May 07, 2021. Source: Bloomberg.
4. Cost represents implied SoftBank Vision Fund 1 entry valuation in September 2018.
5. Trading Activity prices represent the closing price of Coupang's publicly traded stock on the respective date (as indicated).
Public Listing information is presented for SoftBank Vision Fund 1 only and is solely for illustrative purposes. With respect to publicly-traded securities, the quoted prices presented herein are as of the measurement date and have likely moved either upwards or downwards since such measurement date. Individual investors'
results may vary. It should not be assumed that Investments made in the future will be comparable in quality or performance to Investments described herein. References to specific Investments should not be construed as a recommendation of any particular investment or security. Select Investments have been presented to
illustrate examples of SoftBank Vision Fund 1's Investments that have undergone public offerings and do not purport to be a more complete list of SoftBank Vision Fund 1's Investments. Please refer to visionfund.com/portfolio for a more complete list of SoftBank Vision Fund 1's Investments. Net performance for the subset of
Investments described above cannot be calculated without making arbitrary assumptions about allocations of fees and expenses, and for that reason is not included herein. Past performance is not necessarily indicative of future results.
SoftBank
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