SoftBank : Voting results of the 35th Annual General Meeting of Shareholders

Proposal 1: Partial Amendment to the Articles of Incorporation

This proposal was approved and adopted. The Company added Article 11, paragraph 2 to its Articles of Incorporation so that it can hold shareholder meetings without any set place.

Proposal 2: Election of Thirteen Board Directors

This proposal was approved and adopted. Mses. Kyoko Uemura, Reiko Hishiyama and Naomi Koshi and Messrs. Ken Miyauchi, Junichi Miyakawa, Jun Shimba, Yasuyuki Imai, Kazuhiko Fujihara, Masayoshi Son, Kentaro Kawabe, Atsushi Horiba, Takehiro Kamigama and Kazuaki Oki were elected and each of them assumed the office.

Proposal 3: Determination of Remuneration for the Board Directors

This proposal was approved and adopted. The proposal included the change of the maximum amount and details of remuneration for granting restricted stock as share-based remuneration from an amount not exceeding ¥1,500 million (1 million shares) per year to ¥8,000 million (5.4 million shares) per year (excluding the employee salary portion paid to the Board Directors concurrently serving as employees), for the remuneration that have already been approved; and separately from the aforementioned remuneration, granting remuneration in the form of stock acquisition rights as stock options not exceeding ¥800 million (8 million shares), for FY2021 only.