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Investor Presentaiton

PROGRESS & HIGHLIGHTS Additional IPOs¹ Continue to Unlock Value As of May 07, 2021 SVF 1 SVF2 Gross MOIC² Gross MOIC² AUTO 1 ETR: AG1 GROUP Cost³ Trading Activity4 3.1x NASDAQ: XM qualtrics.M 1.2x Cost³ Trading Activity4 Footnotes: +39% IPO FEB 04, 2021 €38.00 -//-- JAN 10, 2018 2021 €15.12 MAY 07, 2021 €46.15 IPO JAN 28, 2021 $30.00 +52% MAY 07, 2021 $35.61 11 1. Additional IPOs include SoftBank Vision Fund 1 and SoftBank Vision Fund 2 investments that were listed publicly via Initial Public Offerings (IPOs) and not Special Purpose Acquisition Companies (SPACS). 2. 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. 3. Cost represents implied SoftBank Vision Fund 1's entry valuation in AUTO1 in January 2018 and SoftBank Vision Fund 2's entry valuation in Qualtrics in January 2021. 4. Trading Activity prices represent the closing price of AUTO1 and Qualtrics publicly traded stock on the respective date (as indicated). Public Listing information is presented for SoftBank Vision Fund 1 and SoftBank Vision Fund 2 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 and SoftBank Vision Fund 2 Investments that have undergone public offerings and do not purport to be a more complete list of SoftBank Vision Fund 1 and SoftBank Vision Fund 2 Investments. Please refer to visionfund.com/portfolio for a more complete list of SoftBank Vision Fund 1 and SoftBank Vision Fund 2 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 Investment Advisers
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