May 26, 2021

To whom it may concern

Z Holdings Corporation Kentaro Kawabe

President and Representative Director, Co-CEO Stock Code: 4689

SoftBank Corp.

Junichi Miyakawa

President & CEO

Stock Code: 9434

Change in the Trade Name of a Consolidated Subsidiary

(Update on Previously Disclosed Transaction)

Pursuant to the announcement, "Integration of Financial Service Brands in the Z Holdings Group and Changes in the Trade Names of Consolidated Subsidiaries" dated July 31, 2020, YJ Card Corporation, a consolidated subsidiary of Z Holdings Corporation, has resolved in its Board of Directors meeting held today, that the date of change in its trade name to PayPay Card Corporation shall take effect on October1, 2021.

Disclaimer

This is an English translation of the captioned release. This translation is prepared and provided for the purpose of the reader's convenience. All readers are recommended to refer to the original version in Japanese of the release for complete information.

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Z Holdings Corporation published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2021 09:18:02 UTC.