SoftBank Investor Presentation Deck
SVF1
SVF2
LATAM
PROGRESS & HIGHLIGHTS
Quarterly
Performance
As of September 30, 2023
+ $0.3B
COMBINED
QUARTERLY FAIR VALUE PERFORMANCE¹
PERFORMANCE DRIVERS
+$2.5B
SVF1
-$2.1B
SVF2
Elevated rate environment continues to drive market volatility
SVF1 gain primarily driven by Arm transaction, a 2.0x Gross MOIC exit
SVF2 loss driven by decline in value of public portfolio, particularly Autostore
LatAm Funds demonstrate resilience despite foreign currency movements
Footnotes:
1. Quarterly Fair Value Performance is the change in fair value of the SoftBank Vision Fund 1, SoftBank Vision Fund 2, and SoftBank LatAm Funds, together the "Combined Funds" between July 1, 2023, and September 30, 2023. The change in Quarterly Fair Value Performance
is before tax and expenses and includes Unrealized and Realized gains and losses from Investments and their related hedges, and dividend income received.
Valuations reflect unrealized and partially realized estimated amounts and should not be construed as indicative of actual or future performance. Such values do not reflect fees and expenses that would reduce the value of returns experienced by Vision Fund investors. There is no
guarantee that historical trends will continue throughout the life of SoftBank Vision Fund 1, SoftBank Vision Fund 2, or the SoftBank LatAm Funds. There can be no assurance that unrealized and partially realized investments will be sold for values equal to or in excess of the total
values used in calculating the returns portrayed herein. Actual returns on unrealized and partially realized investments will depend on, among other factors, future operating results, the value of the assets and market conditions at the time of disposition, any related transaction
costs and the timing and manner of sale, all of which may differ from the assumptions on which the valuations reported herein are based. Accordingly, the actual realized returns on investments that are partially realized or unrealized may differ materially from the values indicated
herein. Select investments presented herein are solely for illustrative purposes, have been selected to provide examples of the types of investments made by SBIA and do not purport to be a complete list of SoftBank Vision Fund 1 or SoftBank Vision Fund 2 investments.
References to investments included herein should not be construed as a recommendation of any particular investment or security. It should not be assumed that investments made in the future will be comparable in quality or performance to the investments described herein.
Please refer to visionfund.com/portfolio for a more complete list of SoftBank Vision Fund 1 and SoftBank Vision Fund 2's investments. 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. Past performance is not indicative of future results.
- $0.1B
LATAM
00⁰0
12
=SoftBank
Investment AdvisersView entire presentation