Grab SPAC Presentation Deck slide image

Grab SPAC Presentation Deck

2. 3. 4. 5. Cap table 6. 7. 8. Directors and Executive Officers Anthony Tan Ping Yeow Tan Hooi Ling Ming-Hokng Maa Peter Oey Chin Yin Ong All Directors and Executive Officers as a Group Principal Shareholders SoftBank Vision Fund8 Uber Didi Chuxing Toyota Motor Corp Ordinary shares beneficially owned immediately prior to closing of the business combination¹ Pre-closing ordinary share equivalents 63,611,1004 19,608, 169 11,067,055 94,957,762 536,469,904 411,192,808 214,975,611 171,033,526 % of total ordinary shares 2.6% 0.8% 0.4% 3.8% 21.7% 16.6% 8.7% 6.9% % of voting power 2.6% 0.8% 0.4% 3.8% Pursuant to the Shareholders Deed, these shares will be voted solely, and deemed beneficially owned, by Mr. Tan. Pursuant to the Shareholders Deed, these shares will be voted solely, and deemed beneficially owned, by Mr. Tan. Includes $400 million in committed funding from Softbank Vision Fund. 21.7% 16.6% 8.7% 6.9% Ordinary shares beneficially owned immediately after closing of the business combination ¹,2 Class A ordinary shares 875,079 699,175,218 535,902,982 280,175,307 222,906,079 Class B ordinary shares 122,882,3115 25,555,1076 14,423,5697 122,882,311 % of total ordinary shares 2.2%5 _6 _7 3.3% 18.6% 14.3% 7.5% 5.9% 1. Note: Less than 1% In computing the number of shares beneficially owned by a person and the percentage ownership of that person, shares that the person has the right to acquire within 60 days are included, including through the exercise of any option or other right or the conversion of any other security. However, these shares are not included in the computation of the percentage ownership of any other person. Shares shown immediately prior to closing of the Business Combination reflect pre- closing equity grants to Mr. Tan, Ms. Ling and Mr. Maa of, respectively, 13,000,000, 6,500,000 and 5,400,000 pre-closing ordinary share equivalents. Shares shown immediately after closing of the Business Combination reflect the conversion rate of the pre-closing ordinary share equivalents in the Business Combination. Information with respect to after the closing of the Business Combination is based on the assumptions described in slide 44, titled "Transaction structure summary", of the Grab Investor Presentation April 2021. For each person and group included in this column, percentage of voting power is calculated by dividing the voting power beneficially owned by such person or group by the voting power of all Class A and Class B ordinary shares as a single class. In respect of matters requiring a shareholder vote, each Class A ordinary share will be entitled to one vote and each Class B ordinary share will be entitled to 45 votes. Each Class B ordinary share will be convertible into one Class A ordinary share at any time by the holder thereof. Class A ordinary shares will not be convertible into Class B ordinary shares under any circumstances. % of voting Power³ 60.4%5 _6 _7 60.4% 7.6% 5.8% 3.1% 2.4% Includes 14,425,710 pre-closing ordinary share equivalents held by Hibiscus Worldwide Ltd., a Cayman limited company ("Hibiscus"). Pursuant to the voting trust agreement (the "Voting Trust Agreement"), dated December 4, 2015, among Hibiscus, the Company and Mr. Tan, Mr. Tan has sole voting power over all of the shares held by Hibiscus and accordingly he is deemed to beneficially own these shares. Consists of the 64, 102,768 Class B ordinary shares to be beneficially owned by Mr. Tan; 18,800,867 Class B ordinary shares to be held by Hibiscus and deemed beneficially owned by Mr. Tan pursuant to the Voting Trust Agreement; 25,555,107 Class B ordinary shares to be held by Ms. Ling and deemed beneficially owned by Mr. Tan pursuant to the Shareholders Deed (as defined below); and 14,423,569 Class B ordinary shares to be held by Mr. Maa and deemed beneficially owned by Mr. Tan pursuant to the Shareholders' Deed. The Class B ordinary shares held by Ms. Ling and Mr. Maa will be deemed beneficially owned by Mr. Tan pursuant to a shareholders' deed (the "Shareholders' Deed") to be entered into concurrently with the business combination agreement, irrevocably appointing Mr. Tan as attorney-in-fact and proxy to vote all of their Class B ordinary shares. 48
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