Tax Policy(Translation)

SummaryThis Policy sets out the principles concerning taxation affairs to be observed by the SoftBank Group(meaning SoftBank Group Corp. and its subsidiaries) when conducting business activities.
The SoftBank Group will conduct its business activities in accordance with the laws and ordinancesof each country and fulfill its tax obligations appropriately, thereby contributing to the economic
and social development of the countries in which we operate.
PolicyGovernance
The Head of the Accounting Unit of SoftBank Group Corp. is the person in charge of taxation affairsof the SoftBank Group, and the Accounting Unit of SoftBank Group Corp. (the “Accounting Unit”)
shall be the organization responsible for overseeing operations related to taxation affairs of theSoftbank Group. Each SoftBank Group company shall establish a department or appoint personnel
specializing in taxation affairs (“Tax-related Department”) and work closely with the Accounting
Unit to conduct day-to-day management of taxation affairs. The Accounting Unit will regularly
report on the status of execution of duties related to the SoftBank Group’s taxation affairs to theBoard of Directors and the Audit & Supervisory Board of SoftBank Group Corp., and will besupervised to ensure an appropriate system for the execution of operations related to taxationaffairs.
Tax Risk Management
The Accounting Unit and the Tax-related Departments of SoftBank Group companies will effectively
utilize the knowledge of external experts to constantly stay abreast of the latest information on taxrelated laws and ordinances in Japan and overseas, and international standards and the like, andendeavor to proactively foresee tax risks. In addition, they will strive to minimize risks byconsidering countermeasures for any foreseen tax risks. In the event that a significant tax risk of
SoftBank Group materializes, each SoftBank Group company shall immediately report to theAccounting Unit, and the Accounting Unit will promptly report to SoftBank Group Corp.’s Board ofDirectors and Audit & Supervisory Board, and coordinate with SoftBank Group companies asrequired, and endeavor to take appropriate action.
Compliance with Laws and Ordinances
The SoftBank Group will comply with all relevant tax-related laws and ordinances when conducting
business activities, and take measures based on the “Action Plan on Base Erosion and Profit Shifting”(BEPS Action Plan) set forth by the Organisation for Economic Co-operation and Development
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(OECD) to ensure appropriate payment of taxes. We will also take measures with respect to transfer
pricing taxation to ensure compliance with OECD Transfer Pricing Guidelines, including the arm’s
length principle.
Appropriate Payment of Taxes and Optimization of Tax Costs
The SoftBank Group will comply with all tax-related laws and ordinances related to its business, andendeavor to ensure appropriate payment of taxes and optimization of tax costs by taking measures
such as utilizing preferential tax treatment allowed under the tax laws of each country in which weoperate and eliminating double taxation, thereby improving the Group’s enterprise value.
Relationship with Tax Authorities
The SoftBank Group will establish sound and favorable relationships with tax authorities in Japanand overseas (“Authorities”) and will sincerely explain the SoftBank Group’s tax status to theAuthorities in a factual manner. In the event that any difference of opinion arises between theSoftBank Group and the Authorities with respect to any particular matter, we will strive to resolve
such differences of opinion through constructive discussions.

Competent Department
The Accounting Unit of SoftBank Group Corp. is in charge of this Policy.

Revision or Repeal
Any material revision or repeal of this Policy requires a resolution of the Board ofDirectors of SoftBank Group Corp.

Enforcement
This Policy is enforced from July 29, 2022.
Supplementary Provisions
1.

Entered into force on July 29, 2022.

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