SoftBank Results Presentation Deck

Forward Transaction / Collar Transaction Objective Outline Forward transaction Collar transaction ● ● Non-recourse financing using derivatives =SoftBank Transaction where parties agree to settle at a pre-specified price or price range at a specific date in the future Finance through pledged shares and derivatives referencing them Settlement at maturity is available in cash or in kind, in principle Settlement amount at maturity decreases when share price falls and increases when share price rises Settlement of pledged shares at a pre-agreed forward price Settlement price is fixed regardless of a change in the pledged share price. No upside can be enjoyed from the future share price appreciation Settlement of pledged shares at a pre-agreed price range Settlement is available at a floor price if the share price falls. Upside from the share price appreciation is limited to the cap price Group Finance 52

View entire presentation