SoftBank : The 43rd Annual General Meeting of Shareholders Other Matters Subject to Electronic Provision Measures (Matters Omitted from the Document)

"This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between the translated document and the Japanese original, the original shall prevail. SoftBank Group Corp. assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation."

Provision in electronic format starts on: May 29, 2023

To Our Shareholders:

The 43rd Annual General Meeting of Shareholders

Other Matters Subject to Electronic Provision Measures

(Matters Omitted from the Document)

May 29, 2023

SoftBank Group Corp.

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Table of Contents

Business Report

Status of SoftBank Group Corp.

1. Overview of system to ensure the appropriateness of the operation and its implementation status

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Consolidated Statement of Changes in Equity

Page 8

Non-consolidated Statement of Changes in Equity Page 10

Notes to Consolidated Financial Statements

Page 11

Notes to Non-consolidated Financial Statements

Page 69

All matters above are provided to shareholders of SoftBank Group Corp. on the website of SoftBank Group Corp. on the Internet (https://group.softbank/) in accordance with all laws and Article 14 of the Articles of Incorporation of SoftBank Group Corp.

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Business Report

Status of SoftBank Group Corp. ("SBG")

1. Overview of system to ensure the appropriateness of the operation and its implementation status The overview of the system established in SBG to ensure the appropriateness of the operations and

its implementation status is as follows.

[1] System to ensure the appropriateness of operations

1. System to ensure that the execution of duties by directors and employees is in compliance with laws, regulations, and the Articles of Incorporation of SBG

SBG has established the SoftBank Group's Officer and Employee Code of Conduct to be followed by all directors and employees to ensure that corporate activities are appropriate based not only on regulatory compliance but also on high ethical standards, and has established the following structure to continuously reinforce the compliance system:

1. A Chief Compliance Officer (CCO) is appointed. In addition to proposing and carrying out measures required to establish and enhance SBG's compliance system, the CCO periodically reports to the Board of Directors on compliance-related issues and the status of addressing those issues.
2. Whistle-blowingsystem is established for direct reporting and consultations by directors and employees to quickly identify, rectify, and prevent the reoccurrence of any inappropriate issues in corporate activities. SBG ensures that whistle-blowers will not be treated disadvantageously for having made reports by prohibiting such treatment of persons on such grounds in the Internal Reporting Regulations.
3. The Internal Audit Department carries out audits on the effectiveness of the system for compliance in line with laws, regulations, and the Articles of Incorporation, and the results of those audits are reported to the CEO. The Internal Audit Department also works in cooperation with the Board Directors including External Board Directors and the Audit & Supervisory Board Members including External Audit & Supervisory Board members by explaining the results of those audits to the Board of Directors and the Audit & Supervisory Board.

2. System for the storage and management of information regarding the execution of duties by Directors

SBG has established the following system to appropriately store and maintain documents and other important information related to the execution of duties by directors, including minutes and proposals of the Board of Directors meetings and requests for approval:

1. SBG determines retention periods and methods and measures to prevent accidents based on the Information Security Basic Regulations, etc. and classifies and appropriately stores these documents according to their degree of confidentiality.
2. SBG appoints a Chief Information Security Officer (CISO) as the person responsible for information security, and the CISO promotes the establishment and reinforcement of information security system of SBG.

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3. Regulations and systems related to risk management

SBG has established the following systems under the Chief Risk Officer (CRO) in order to eliminate or reduce impediments to the sustainable growth of the Group.

1. Under the Group's Risk Management Policy, SBG determines the following matters, based on the Risk Management Regulations.
2. • Officers and employees of SBG strive to foresee risks associated with the execution of business and respond to the identified risks, as well as report to superiors and the like.
   • Each department appoints a risk manager, who conducts appropriate identification of and response to risks and incidents and reports any identified risks and the status of responses thereto to the Risk Management Office.
   • The Risk Management Office identifies and evaluates the risks and incidents of each department and monitors the status of responses thereto. It also provides support and performs checks to ensure appropriate responses at each department. The Risk Management Office reports any material risks and incidents to the Board of Directors and the Group Risk and Compliance Committee.
3. The Internal Audit Department carries out audits on the effectiveness of the risk management processes.

1. System to ensure the efficiency of directors in the execution of their duties SBG has established the following structure to maintain an efficient management system:
   (1) SBG sets out the Board of Directors Regulations to clarify matters to be resolved by and reported to the Board of Directors and lays out the Internal Approval Regulations and other regulations related to institutional decision-making to clarify decision-making authority.
   (2) To strengthen functions for overseeing the execution of duties and enhance objectivity in management, the Board of Directors shall include external directors who are independent of the Company.
   (3) To ensure that the directors, including external directors, can discuss matters fully at the Board of Directors meetings, SBG shall provide them with materials for the meeting in advance, and with additional or supplementary materials upon their request.
   (4) The scope of operations, authority, and responsibilities necessary for operations are clearly defined in Organization Management Regulations.
2. System to ensure appropriateness of the Group's operations

SBG has formulated the SoftBank Group's Charter to promote fundamental concepts and policies shared throughout the Group and the SoftBank Group's Company Management Rules, which spell out the management policies and systems of group companies. In addition, the SoftBank Group's Code of Conduct and the SoftBank Group Sustainability Principles are set out with which group companies must comply, as well as their directors and employees. Based on the regulations, the following systems have been established, giving consideration to the scale and materiality of group companies:

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1. A Group Compliance Officer (GCO) is appointed to promote the establishment and reinforcement of groupwide compliance system, as the person ultimately responsible for compliance throughout the Group. A whistle-blowing system has also been established to receive reports and provide consultation to directors and employees of group companies to quickly identify, rectify, and prevent the reoccurrence of any inappropriate issues in corporate activities. SBG ensures that persons who have reported or consulted through the whistle-blowing system will not be treated disadvantageously for having done so by prohibiting such treatment of persons on such grounds in the Group Company Management Regulations of the SoftBank Group.
2. The Chief Information Security Officer ("CISO") of SoftBank Group Corp. promotes the establishment and reinforcement of groupwide information security systems.
3. The representative of each group company must submit a Representative Oath pertaining to the financial reports submitted to SBG, thereby ensuring the accuracy of the annual securities report and other documents submitted by the Group companies.
4. The Internal Audit Department comprehensively judges the results of past internal audits and the financial position of each group company, and carries out internal audits of the Group companies deemed as having a high risk.
5. SBG determines the following matters based on the Risk Management Policy and the Group Company Management Regulations.
6. • Officers and employees of Group companies strive to foresee risks associated with the execution of business and respond to the identified risks, as well as report to superiors and the like.
   • Each Group company appoints a risk manager.
   • The risk manager of the Group company conducts appropriate identification of and response to risks and incidents of said Group company and reports any identified risks and the status of responses thereto to the Risk Management Office of SBG. The risk manager also provides support and performs checks to ensure appropriate identification of and response to risks and incidents in business units. In addition, the risk manager reports necessary risk information based on the instructions of the Risk Management Officer of SBG in order to conduct risk management across the Group.
   • The Risk Management Office of SBG identifies and evaluates the risks and incidents of the Group companies, and monitors the status of responses thereto under the supervision of the CRO. It also reports any material risks and incidents to the Board of Directors and the Group Risk and Compliance Committee.

6. System for excluding organized crime and other criminal elements

SBG clearly states in the SoftBank Group's Code of Conduct its policy of having absolutely no association with organized crime and other criminal elements that pose a threat to public order and safety. The General Administration Department is responsible for dealing with inappropriate requests from organized crime and other criminal elements and will firmly refuse those requests in a resolute manner in cooperation with the police and other external specialist institutions.

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