SoftBank Results Presentation Deck slide image

SoftBank Results Presentation Deck

LTV Calculation: Details of SBG Stand-alone Equity Value of Holdings (2/2) Assets (g) T-Mobile Before adjustment Adjustment for asset-backed finance (h) Deutsche Telekom Before adjustment Adjustment for asset-backed finance (i) Others*1 Adjusted SBG stand-alone equity value of holdings Value Calculation method 1.27 -0.43 0.23 0.71 -0.48 summing - Value of SBG's shareholding (incl. the number of shares subject to call options held by Deutsche Telekom (DT): 1.70 34,971,809 shares as of Sep 30, 2023) × the share price - Fair value of SBG's right to acquire 48,751,557 T-Mobile shares for no additional consideration under certain conditions minus - Balance of derivative financial liabilities related to unexercised call options held by DT - Maturity settlement amount of the prepaid forward contracts (collar contracts) using T-Mobile shares (calculated by using the company's share price) (¥428.0B) 1.73 SoftBank 18.35 Sum of (a) through (i) on Finance pages 46 and 47 Number of DT shares held by SBG x the share price Deducting maturity settlement amounts of collar transactions using DT shares executed in Oct 2021 (¥480.6B) Listed shares: multiplying the number of shares held by SBG by each share price Unlisted shares: fair value (the carrying amount in SBG's balance sheet for those not measured at FVs) of shares, etc. held by SBG SB Northstar: SBG's share of SB Northstar's NAV plus the value of NVIDIA Corporation shares held by SBG multiplied by its share price Group (¥ T) (Note) As of Sep 30, 2023 *1 SB Northstar's cash and cash equivalents and interest-bearing debt, other than margin loans and prime brokerage loans, are treated as net interest-bearing debt of SBG and not included in the calculation of SB Northstar's NAV. There is no balance of margin loans and prime brokerage loans of SB Northstar as of Sep 30, 2023. Finance 47
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