# EDGAR Filing Document

**Accession Number:** 0001283699
**File Stem:** 0000950157-25-000837
**Filing Date:** 2025-10
**Character Count:** 87099
**Document Hash:** aa81433ff972561ac1c94223e1aa2fdd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950157-25-000837.hdr.sgml**: 20251006

**ACCESSION NUMBER**: 0000950157-25-000837

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20251006

**DATE AS OF CHANGE**: 20251006

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T-Mobile US, Inc.
- **CENTRAL INDEX KEY:** 0001283699
- **STANDARD INDUSTRIAL CLASSIFICATION:** RADIO TELEPHONE COMMUNICATIONS [4812]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 200836269
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-83639
- **FILM NUMBER:** 251377921

**BUSINESS ADDRESS:**
- **STREET 1:** 12920 SE 38TH STREET
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98006
- **BUSINESS PHONE:** 800-318-9270

**MAIL ADDRESS:**
- **STREET 1:** 12920 SE 38TH STREET
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98006

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** METROPCS COMMUNICATIONS INC
- **DATE OF NAME CHANGE:** 20040315
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE TELEKOM AG
- **CENTRAL INDEX KEY:** 0000946770
- **STANDARD INDUSTRIAL CLASSIFICATION:** RADIO TELEPHONE COMMUNICATIONS [4812]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** FRIEDRICH-EBERT-ALLEE 140
- **CITY:** BONN
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 53113
- **BUSINESS PHONE:** 4922818190

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** FRIEDRICH-EBERT-ALLEE 140
- **CITY:** BONN
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 53113

## Exhibit 99.67

**Exhibit 67**<br>

#### TRANSACTION INFORMATION

The below reflects the transactions in Common Stock effected by DT Holding during the past 60 days by or on behalf of the Reporting Persons that have not already been disclosed in this Schedule 13D, inclusive of any transactions effected through 4:00 p.m., New York City time, on October 6, 2025. All transactions occurred in the open market pursuant to a Rule 10b5-1 trading plan.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Date** | **Number of Shares Sold** | **Weighted Avg. Price Per Share** | **Price Range Per Share** | **Price Range Per Share** |
|  |  |  | **Low** | **High** |
| 8/13/2025 | 69840 | $251.52 | $250.45 | $253.46 |
| 8/14/2025 | 69840 | $250.87 | $249.51 | $252.39 |
| 8/15/2025 | 69840 | $254.24 | $251.23 | $256.14 |
| 8/18/2025 | 69840 | $255.46 | $254.04 | $256.65 |
| 8/19/2025 | 69840 | $257.23 | $254.20 | $258.43 |
| 8/20/2025 | 69840 | $259.87 | $258.82 | $261.42 |
| 8/21/2025 | 69840 | $258.12 | $257.04 | $259.40 |
| 8/22/2025 | 69840 | $254.79 | $251.20 | $261.09 |
| 8/25/2025 | 69840 | $251.32 | $249.93 | $253.12 |
| 8/26/2025 | 69840 | $250.68 | $249.47 | $251.96 |
| 8/27/2025 | 69840 | $251.35 | $250.30 | $252.25 |
| 8/28/2025 | 69840 | $250.52 | $249.44 | $251.60 |
| 8/29/2025 | 69840 | $251.23 | $249.35 | $253.11 |
| 9/2/2025 | 69840 | $256.44 | $251.74 | $258.56 |
| 9/3/2025 | 69840 | $252.50 | $251.38 | $254.39 |
| 9/4/2025 | 69840 | $252.94 | $250.82 | $256.69 |
| 9/5/2025 | 69840 | $253.07 | $251.68 | $255.71 |
| 9/8/2025 | 69840 | $243.47 | $237.54 | $247.23 |
| 9/9/2025 | 69840 | $242.45 | $240.96 | $243.70 |
| 9/10/2025 | 69840 | $240.08 | $238.53 | $242.69 |
| 9/11/2025 | 64426 | $240.84 | $239.83 | $241.60 |
| 9/12/2025 | 64426 | $241.65 | $240.09 | $242.71 |
| 9/15/2025 | 64426 | $240.65 | $238.44 | $244.20 |
| 9/16/2025 | 64426 | $237.65 | $236.17 | $244.20 |
| 9/17/2025 | 64426 | $239.34 | $238.44 | $240.78 |
| 9/18/2025 | 64426 | $239.18 | $237.56 | $240.65 |
| 9/19/2025 | 64426 | $238.51 | $236.50 | $239.78 |
| 9/22/2025 | 64426 | $237.75 | $235.42 | $240.32 |
| 9/23/2025 | 64426 | $238.41 | $234.83 | $240.60 |
| 9/24/2025 | 64426 | $238.38 | $237.03 | $242.32 |
| 9/25/2025 | 64426 | $238.98 | $237.26 | $241.99 |
| 9/26/2025 | 64426 | $238.12 | $236.74 | $240.15 |
| 9/29/2025 | 64426 | $238.11 | $237.46 | $239.74 |
| 9/30/2025 | 64426 | $239.54 | $237.96 | $240.44 |
| 10/1/2025 | 64426 | $234.42 | $231.58 | $240.74 |
| 10/2/2025 | 64426 | $230.41 | $229.76 | $232.89 |
| 10/3/2025 | 64426 | $229.21 | $227.26 | $230.55 |
| 10/6/2025 | 64426 | $224.60 | $222.32 | $228.87 |

---

The Reporting Persons undertake to provide, upon request of the staff of the Securities and Exchange Commission, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth on the table above.

## Exhibit 99.68

#### Exhibit 68<br>

EXECUTION VERSION

CONFIDENTIAL

#### SB-DT 2029 CALL OPTION

THIS SECURITY HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "<u>SECURITIES ACT</u>"), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS. INTERESTS IN THIS SECURITY MAY BE OFFERED, REOFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY TO A "QUALIFIED INSTITUTIONAL BUYER" AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT IS A "QUALIFIED PURCHASER" (AS DEFINED IN SECTION 2(A)(51) OF THE U.S. INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE "INVESTMENT COMPANY ACT"), AND THE RULES THEREUNDER) FOR PURPOSES OF SECTION 3(c)(7) OF THE INVESTMENT COMPANY ACT, IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES, ANY STATE OF THE UNITED STATES AND ANY OTHER APPLICABLE JURISDICTION. EACH PURCHASER OF THIS SECURITY AND EACH SUBSEQUENT HOLDER OF THIS SECURITY IS REQUIRED TO NOTIFY ANY PURCHASER OF THE ABOVE TRANSFER RESTRICTIONS AND WILL BE DEEMED TO HAVE MADE THE REPRESENTATIONS AND WARRANTIES SET FORTH IMMEDIATELY BELOW AND UNDER <u>SECTION 13</u> HEREOF.

EACH PURCHASER (INCLUDING SUBSEQUENT TRANSFEREES) OF THIS SECURITY (OR A BENEFICIAL INTEREST HEREIN) WILL BE DEEMED TO HAVE REPRESENTED, WARRANTED, ACKNOWLEDGED AND AGREED THAT: (1) IT IS PURCHASING THIS SECURITY (OR SUCH BENEFICIAL INTEREST) FOR ITS OWN ACCOUNT, AND NOT WITH A VIEW TO ANY PUBLIC RESALE OR DISTRIBUTION THEREOF; (2) IT UNDERSTANDS AND ACKNOWLEDGES THAT THIS SECURITY HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OR ANY U.S. STATE OR FOREIGN SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EXEMPTION FROM REGISTRATION AND NOTWITHSTANDING THE AVAILABILITY OF AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS UNDER THE SECURITIES ACT, THE SECURITIES MAY NOT BE RESOLD OR TRANSFERRED EXCEPT TO AN INVESTOR THAT IS A "QUALIFIED INSTITUTIONAL BUYER" (WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT) PURSUANT TO RULE 144A THAT IS ALSO A "QUALIFIED PURCHASER" (AS DEFINED IN SECTION 2(A)(51) OF THE INVESTMENT COMPANY ACT AND THE RULES THEREUNDER); (3) IT IS A QUALIFIED INSTITUTIONAL BUYER AND ALSO A QUALIFIED PURCHASER; AND (4) IT AGREES ON ITS OWN BEHALF AND ON BEHALF OF EACH SUBSEQUENT HOLDER OF THIS SECURITY BY ITS ACCEPTANCE HEREOF WILL AGREE, TO OFFER, REOFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY ONLY (I) TO AN INVESTOR WHO IS BOTH A QUALIFIED INSTITUTIONAL BUYER AND A QUALIFIED PURCHASER, AND (II) IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES, ANY STATE OF THE UNITED STATES AND ANY OTHER APPLICABLE JURISDICTION, SUBJECT IN EACH CASE TO ANY REQUIREMENT OF LAW THAT THE DISPOSITION OF ITS PROPERTY OR THE PROPERTY OF SUCH INVESTOR ACCOUNT OR ACCOUNTS BE AT ALL TIMES WITHIN ITS OR THEIR CONTROL.

IF ANY PERSON ACQUIRING THIS SECURITY (OR A BENEFICIAL INTEREST HEREIN) IS NOT BOTH A QUALIFIED INSTITUTIONAL BUYER AND A QUALIFIED PURCHASER (OR FAILS TO MEET THE OTHER REQUIREMENTS SET FORTH HEREIN) AT THE TIME OF ACQUISITION HEREOF, SUCH TRANSACTION WILL BE NULL AND VOID AND OF NO EFFECT.

------

#### OPTION

#### to purchase

#### 10,000,000

#### Shares of Common Stock of

#### T-Mobile US, Inc.,

#### a Delaware Corporation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Definitions</u>. Unless the context otherwise requires, when used herein the following terms shall have the meanings indicated.

"<u>2020 Security Agreement</u>" means the Pledge and Security Agreement, dated as of June 26, 2020, by and between DT, as secured party, and Project 6, as pledgor.

"<u>2021 Intercreditor Agreement</u>" means the Amended and Restated Intercreditor Agreement, dated as of October 12, 2021, among Project 6, as pledgor, DT, the Joint Calculation Agents and the First Priority Secured Parties party thereto.

"<u>2022 Intercreditor Agreement</u>" means the Amended and Restated Intercreditor Agreement, dated as of March 21, 2022, among Project 6, as pledgor, DT, and the First Priority Secured Parties party thereto.

"<u>Applicable Reference Price</u>" means, with respect to any Margin Loan, the Market Price for the Common Stock for the Trading Day immediately preceding the date of execution of such Margin Loan.

"<u>Board of Directors</u>" means the board of directors of the Company.

"<u>Business Day</u>" means any day other than a Saturday, a Sunday or a day on which the Federal Reserve Bank of New York is authorized or required by law or executive order to close or be closed.

"<u>Common Stock</u>" means the common stock, $0.00001 par value per share, of the Company.

"<u>Company</u>" means T-Mobile US, Inc., a Delaware corporation.

"<u>Derivative Transaction</u>" has the meaning set forth in <u>Section 2(ii)(b)</u>.

"<u>DT</u>" means Deutsche Telekom AG, an *Aktiengesellschaft* organized and existing under the laws of the Federal Republic of Germany.

"<u>Equity Interests</u>" means any and all (<u>i</u>) shares, interests, participations or other equivalents (however designated) of capital stock or other voting securities of a corporation, any and all equivalent or analogous ownership (or profit) or voting interests in a Person (other than a corporation), (<u>ii</u>) securities convertible into or exchangeable for shares, interests, participations or other equivalents (however designated) of capital stock or voting securities of (or other ownership or profit or voting interests in) such Person, and (<u>iii</u>) any and all warrants, rights or options to purchase any of the foregoing, whether voting or nonvoting, and, in each case, whether or not such shares, interests, participations, equivalents, securities, warrants, options, rights or other interests are authorized or otherwise existing on any date of determination.

"<u>Exchange Act</u>" means the Securities Exchange Act of 1934, as amended, or any successor statute, and the rules and regulations promulgated thereunder.

"<u>Exercisable Date</u>" means October 2, 2025.

"<u>Exercise Period</u>" means the period from and including the Exercisable Date to and including the Expiration Time.

"<u>Exercise Price</u>" means the Market Price for the Common Stock for the Trading Day immediately preceding the date on which the Notice of Exercise is delivered.

------

"<u>Expiration Time</u>" means April 1, 2029.

"<u>Grantor</u>" means Project 9 or its successor.

"<u>Investment Company Act</u>" means the Investment Company Act of 1940, as amended, or any successor statute, and the rules and regulations promulgated thereunder.

"<u>Issue Date</u>" means October 2, 2025.

"<u>Margin Loan</u>" has the meaning set forth in <u>Section 2(ii)(a)</u>.

"<u>Market Price</u>" means, on any date of determination, the last sale price of the Common Stock (or other Equity Interest) as reported on The NASDAQ Global Select Market (as reported on Bloomberg L.P. page "TMUS US Equity HP" (or any successor page thereto)) (or any other exchange or quotation system, if applicable) (or, in the case of other Equity Interest, on such other exchange and page as may be applicable). If the Common Stock (or such other Equity Interest) is not readily tradable on an established securities market, Market Price shall be reasonably determined in good faith by a third party appraisal firm mutually agreed by the Grantor and the Optionholder.

"<u>Merger Event</u>" means, in respect of shares of Common Stock, any (<u>i</u>) reclassification or change of such shares of Common Stock that results in a transfer of or an irrevocable commitment to transfer all of such shares of Common Stock outstanding to another entity or person, (<u>ii</u>) consolidation, amalgamation, merger or binding share exchange of the Company with or into another entity or person (other than a consolidation, amalgamation, merger or binding share exchange in which the Company is the continuing entity and which does not result in a reclassification or change of all of such shares of Common Stock outstanding), (<u>iii</u>) takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person to purchase or otherwise obtain 100% of the outstanding shares of Common Stock of the Company that results in a transfer of or an irrevocable commitment to transfer all such shares of Common Stock (other than such shares of Common Stock owned or controlled by such other entity or person), or (<u>iv</u>) consolidation, amalgamation, merger or binding share exchange of the Company or its subsidiaries with or into another entity in which the Company is the continuing entity and which does not result in a reclassification or change of all such shares of Common Stock outstanding but results in the outstanding shares of Common Stock (other than shares of Common Stock owned or controlled by such other entity) immediately prior to such event collectively representing less than 50% of the outstanding shares of Common Stock immediately following such event.

"<u>Notice of Exercise</u>" means the Form of Notice of Exercise attached as <u>Annex A</u> hereto.

"<u>Option</u>" means this SB-DT 2029 Call Option, issued on the Issue Date specified above by the Grantor to the Optionholder (as amended restated, modified or supplemented from time to time).

"<u>Option Property</u>" has the meaning set forth in <u>Section 12(iv)</u>.

"<u>Option Shares</u>" has the meaning set forth in <u>Section 2(i)</u>.

"<u>Optionholder</u>" has the meaning set forth in <u>Section 2(i)</u>.

"<u>Partial Transfer</u>" has the meaning set forth in <u>Section 8</u>.

"<u>Person</u>" has the meaning given to it in Section 3(a)(9) of the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act.

"<u>Pledged Derivative Transaction Shares</u>" has the meaning set forth in <u>Section 2(ii)(b)</u>.

"<u>Pledged Margin Loan Shares</u>" has the meaning set forth in <u>Section 2(ii)(a)</u>.

------

"<u>Project 6</u>" means Delaware Project 6 L.L.C., a limited liability company organized in the state of Delaware and a wholly owned subsidiary of SoftBank.

"<u>Project 9</u>" means Delaware Project 9 L.L.C., a limited liability company organized in the state of Delaware and a wholly owned subsidiary of SoftBank.

"<u>Securities Act</u>" means the Securities Act of 1933, as amended, or any successor statute, and the rules and regulations promulgated thereunder.

"<u>SoftBank</u>" means SoftBank Group Corp., a Japanese *kabushiki kaisha*.

"<u>Trading Day</u>" means a day on which The NASDAQ Global Select Market is open for trading.

"<u>Trigger Event</u>" has the meaning set forth in <u>Section 2(ii)(a)(2)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Number of Option Shares; Exercise Price</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This certifies that, for value received, DT or its permitted assigns (the "<u>Optionholder</u>") is entitled, upon the terms hereinafter set forth, to acquire from the Grantor, in whole or in part, up to an aggregate of 10,000,000 fully paid and nonassessable shares of Common Stock (the "<u>Option Shares</u>"), at a purchase price per share of Common Stock equal to the Exercise Price. The Option Shares and the Exercise Price are subject to adjustment as provided herein (including under <u>Section 2(iii)</u> and <u>Section 12</u> hereof), and all references to "Common Stock," "Option Shares" and "Exercise Price" herein shall be deemed to include any such adjustment or series of adjustments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Grantor shall at all times own, beneficially and of record, free and clear of any liens or encumbrances, a number of shares of Common Stock equal to at least the number of Option Shares subject to this Option. Notwithstanding the foregoing, the Grantor may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; pledge some or all Option Shares as collateral under any margin loan facility (a "<u>Margin Loan</u>" and any such shares "<u>Pledged Margin Loan Shares</u>") if the following requirements are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Grantor and the Optionholder enter into a security agreement in a form reasonably acceptable to each of them pursuant to which a security interest in all right, title and interest of the Grantor in an amount of shares of Common Stock equal to the number of Pledged Margin Loan Shares and any proceeds thereof is granted in favor of the Optionholder, <u>provided</u> that the Grantor and the Optionholder hereby agree that the form of the 2020 Security Agreement is acceptable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the margin call trigger for such Margin Loan shall be a loan-to-value ratio in respect of such Margin Loan that is no greater than 67% (the "<u>Trigger Event</u>");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the aggregate amount of all obligations secured by Pledged Margin Loan Shares subject to such Margin Loan on the date of execution of such Margin Loan shall not exceed 50% of the aggregate fair market value of such Pledged Margin Loan Shares based on the Applicable Reference Price;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Optionholder, the Grantor and the lender parties to such Margin Loan (or person(s) acting as agent(s) of such lender parties in connection with the liens granted relating to such Margin Loan) enter into an intercreditor agreement in a form reasonably acceptable to each of them, <u>provided</u> that the Grantor and the Optionholder hereby agree that the form of the 2021 Intercreditor Agreement is acceptable, except that any notice or reporting obligations included in such intercreditor agreement shall not be broader in nature and scope than the obligations included in <u>Section 2(ii)(a)(5)(II)</u> of this Option;

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Grantor shall provide to the Optionholder copies of (<u>I</u>) all fully executed Margin Loan documentation and (<u>II</u>) (<u>A</u>) any and all notices and (<u>B</u>) other material written communications or information that is relevant to the interests of the Optionholder under this Option or the intercreditor agreement, in each case, exchanged between the Grantor, on the one hand, and any Margin Loan lender or agent, on the other hand, pursuant to such Margin Loan documentation or otherwise in connection with such Margin Loan and, without limiting the foregoing, the Grantor shall notify the Optionholder (<u>X</u>) immediately if at any time (<u>1</u>) the loan-to-value ratio of such Margin Loan exceeds 60% or (<u>2</u>) the Trigger Event has occurred and (<u>Y</u>) prior to modifying, amending, terminating, extending or entering into any additional agreement between the Grantor or SoftBank, on the one hand, and any Margin Loan lender or agent, on the other hand, with respect to such Margin Loan, in each case, solely and to the extent such modification, amendment, termination, extension or additional agreement is relevant to the interests of the Optionholder under this Option or the intercreditor agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Grantor shall keep the Optionholder informed with respect to all significant developments regarding such Margin Loan and use its commercially reasonable efforts to inform the Optionholder promptly if it believes that the Trigger Event could reasonably occur at any time within a period of three weeks; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; any proposed amendment or modification to an existing Margin Loan shall be subject to the terms of this <u>Section 2(ii)(a)</u>;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; pledge some or all Option Shares as collateral for any equity derivative transaction (a "<u>Derivative Transaction</u>" and any such shares "<u>Pledged Derivative Transaction Shares</u>") if the following requirements are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Grantor and the Optionholder enter into a security agreement in a form reasonably acceptable to each of them pursuant to which a security interest in all right, title and interest of the Grantor in an amount of shares of Common Stock equal to the number of Pledged Derivative Transaction Shares and any proceeds thereof is granted in favor of the Optionholder, <u>provided</u> that the Grantor and the Optionholder hereby agree that the form of the 2020 Security Agreement is acceptable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Optionholder, the Grantor and the dealer counterparty(ies) to such Derivative Transaction (or person(s) acting as agent(s) of such dealer counterparties in connection with the liens granted relating to such Derivative Transaction) enter into an intercreditor agreement in a form reasonably acceptable to each of them, <u>provided</u> that the Grantor and the Optionholder hereby agree that the form of the 2022 Intercreditor Agreement is acceptable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the maturity date of such Derivative Transaction is after the Expiration Time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; such Derivative Transaction does not include an option for physical settlement prior to the date after the Expiration Time; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the strike price (in case of a put option transaction, including as part of a collar) or forward floor price (in case of a variable share forward transaction), as applicable, for any tranche of such Derivative Transaction shall not exceed 90% of the reference price for such Derivative Transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notwithstanding anything to the contrary, nothing herein shall restrict the Grantor from transferring the Pledged Margin Loan Shares or the Pledged Derivative Transaction Shares, as applicable, in accordance with the terms of the applicable intercreditor agreement (be it in connection with an enforcement action, foreclosure or otherwise) and the number of Option Shares shall automatically be reduced by a number (rounded to the nearest whole number of shares) equal to the number of such transferred shares.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Optionholder shall be responsible for satisfying all legal requirements applicable to its exercise of this Option, and the Grantor shall not be required to settle this Option if settlement of this Option would violate any applicable legal requirement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Exercise of Option</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The right to purchase Option Shares represented by this Option is exercisable, in whole or in part by the Optionholder, at any time or from time to time during the Exercise Period, by the surrender of this Option and the Notice of Exercise, duly completed and executed on behalf of the Optionholder, at the principal office of the Grantor located at 300 El Camino Real, Menlo Park, CA 94025, Attn: SBGI Corporate Legal Team, e-mail: SBGI-Corporate@softbank.com, SBGI-middleoffice@softbank.com and SBGI-FinOps@softbank.com (or such other office, agency or email(s) of the Grantor as it may designate by notice in writing to the Optionholder) by no later than 9:30 a.m. (New York time) on the date of exercise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the Optionholder does not exercise this Option in its entirety, the Optionholder shall be entitled to receive from the Grantor, upon request, a new option of like tenor in substantially identical form and on the same terms for the purchase of the number of Option Shares equal to the difference between the number of Option Shares subject to this Option and the number of Option Shares as to which this Option is so exercised.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Delivery of Option Shares</u>. The Option Shares acquired upon exercise of this Option shall be delivered to the Optionholder, in book-entry form, no later than the second Business Day following the date of exercise of this Option, subject to payment of the Exercise Price for the Option Shares thereby purchased by wire transfer of immediately available funds to an account designated by the Grantor. The Grantor hereby represents and warrants that the Option Shares are validly issued, fully paid and nonassessable and, upon delivery to the Optionholder shall be free of any liens or encumbrances. The Optionholder hereby acknowledges that Option Shares acquired upon exercise of this Option have not been registered under the Securities Act and must be held indefinitely unless such Option Shares are subsequently registered under the Securities Act or an exemption from such registration is available, and the Company is under no obligation to register the Option Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>No Fractional Shares</u>. No fractional Option Shares or other Equity Interests representing fractional Option Shares or other Equity Interests shall be issued or obtained upon any exercise of this Option. In lieu of any fractional share to which the Optionholder would otherwise be entitled, the Optionholder shall be entitled to receive a cash payment equal to the Market Price of the Common Stock or such other Equity Interests on the last trading day preceding the date of exercise less the Exercise Price for such fractional share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>No Rights as Stockholders</u>. Except as otherwise provided by the terms of this Option, this Option does not entitle the Optionholder to (<u>i</u>) receive dividends or other distributions, (<u>ii</u>) consent to any action of the stockholders of the Company, (<u>iii</u>) receive notice of or vote at any meeting of the stockholders, (<u>iv</u>) receive notice of any other proceedings of the Company or (<u>v</u>) exercise any other rights whatsoever, in any such case, as a stockholder of the Company prior to the date of exercise hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Charges, Taxes and Expenses</u>. Issuance of this Option and the delivery of any shares of Common Stock or other Equity Interests to the Optionholder upon the exercise of this Option shall be made without charge to the Optionholder for any transfer tax or other incidental expense in respect of such delivery, all of which taxes and expenses shall be paid by the Grantor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Transfer and Assignment</u>. Subject to applicable securities laws, the Optionholder shall have the right to pledge, transfer or assign its rights and obligations hereunder, in whole or in part, to any wholly-owned subsidiary of DT so long as such transferee remains a wholly-owned subsidiary of the Optionholder. The Grantor shall not have the right to assign or transfer its rights and obligations hereunder, in whole or in part, to any person without the prior written consent of the Optionholder. Upon a transfer by the Optionholder permitted by this <u>Section 8</u>, this Option shall be transferrable upon surrender of this Option to the office or agency of the Grantor described in <u>Section 3</u>, and a new Option of the same tenor and date as this Option but registered in the name of one or more transferees shall be made and delivered by the Grantor to each such transferee at each such address furnished to the Grantor. If the transferring holder does not transfer the entirety of its rights to purchase all Option Shares hereunder (each such transfer, a "<u>Partial Transfer</u>"), such holder shall be entitled to receive from the Grantor a new Option in substantially identical form for the purchase of that number of Option Shares as to which the right to purchase was not transferred and otherwise substantially on the same terms as the original Option prior to the Partial Transfer. Each Partial Transfer must transfer or assign rights to purchase a number of Option Shares that is an integral multiple of 100,000. All expenses (other than stock transfer taxes) and other charges payable in connection with the preparation, execution and delivery of the new Options pursuant to this <u>Section 8</u> shall be paid by the Grantor, other than the costs and expenses of counsel or any other advisor to the Optionholder and its transferee.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Registry of Option</u>. The Grantor shall maintain a registry showing the name and address of the Optionholder as the registered holder of this Option. This Option may be surrendered for exchange or exercise, in accordance with its terms, at the office of the Grantor, and the Grantor shall be entitled to rely in all respects, prior to written notice to the contrary, upon such registry.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Loss, Theft, Destruction or Mutilation of Option</u>. Upon receipt by the Grantor of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Option, and in the case of any such loss, theft or destruction, upon receipt of a bond, indemnity or security reasonably satisfactory to the Grantor, or, in the case of any such mutilation, upon surrender and cancellation of this Option, the Grantor shall make and deliver, in lieu of such lost, stolen, destroyed or mutilated Option, a new Option of like tenor and representing the right to purchase the same aggregate number of Option Shares as provided for in such lost, stolen, destroyed or mutilated Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Saturdays, Sundays, Holidays, etc</u>. If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding day that is a Business Day.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Adjustments and Other Rights</u>. The Exercise Price and Option Shares subject to this Option shall be subject to adjustment from time to time as follows; <u>provided</u> that if more than one subsection of this <u>Section 12</u> is applicable to a single event, the subsection shall be applied that produces the largest adjustment, no single event shall cause an adjustment under more than one subsection of this <u>Section 12</u> so as to result in duplication and for the avoidance of doubt, no increase to the Exercise Price or decrease in the number of Option Shares subject to this Option shall be made pursuant to this <u>Section 12.</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Stock Splits, Subdivisions, Reclassifications or Combinations</u>. If the Company shall at any time or from time to time (<u>a</u>) declare, order, pay or make a dividend or make a distribution on its Common Stock in shares of Common Stock, (<u>b</u>) split, subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares or (<u>c</u>) combine or reclassify the outstanding shares of Common Stock into a smaller number of shares, the number of Option Shares subject to this Option at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be proportionately adjusted so that the Optionholder immediately after such record date or effective date, as the case may be, shall be entitled to purchase the number of shares of Common Stock which such holder would have owned or been entitled to receive in respect of the shares of Common Stock subject to this Option after such date had this Option been exercised in full immediately prior to such record date or effective date, as the case may be. In the event of such adjustment, the Exercise Price in effect at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be immediately adjusted to the number obtained by dividing (<u>x</u>) the product of (<u>1</u>) the number of Option Shares subject to this Option in full before the adjustment determined pursuant to the immediately preceding sentence and (<u>2</u>) the Exercise Price in effect immediately prior to the record or effective date, as the case may be, for the dividend, distribution, split, subdivision, combination or reclassification giving rise to such adjustment by (<u>y</u>) the new number of Option Shares subject to this Option in full determined pursuant to the immediately preceding sentence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Distributions</u>. If the Company shall fix a record date for the making of a dividend or other distribution (by spin-off or otherwise) on shares of Common Stock other than any cash dividend, whether in Equity Interests of the Company, other securities of the Company, evidences of indebtedness of the Company or any other Person or any other property (including Equity Interests, other securities or evidences of indebtedness of a subsidiary), or any combination thereof, excluding (<u>x</u>) dividends or distributions subject to adjustment pursuant to <u>Section 12(i)</u> or (<u>y</u>) dividends or distributions of rights in connection with the adoption of a stockholder rights plan in customary form (including with respect to the receipt of such rights in respect of shares of Common Stock issued subsequent to the initial dividend or distribution of such rights), then in each such case, in addition to the number of Option Shares subject to this Option, the Optionholder shall be entitled to receive such Equity Interests of the Company, other securities of the Company, evidences of indebtedness of the Company or any other Person or any other property (including Equity Interests, other securities or evidences of indebtedness of a subsidiary), or any combination thereof, that a holder of such number of shares of Common Stock on such record date would have been entitled to receive as a result of such dividend or other distribution. For purposes of the foregoing, in the event that such dividend or distribution in question is ultimately not so made, the number of Option Shares subject to this Option then in effect shall be readjusted, effective as of the date when the Board of Directors determines not to make such dividend or distribution, to the number of Option Shares that would then be subject this Option if such record date had not been fixed. The provisions of this <u>Section 12</u> shall apply in respect of any Equity Interests that the Optionholder may become entitled to receive by operation of this <u>Section 12(ii)</u>.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Merger Event</u>. In case of any Merger Event, notwithstanding anything to the contrary contained herein, the Optionholder's right to receive Option Shares upon exercise of this Option shall be converted, effective upon the occurrence of such Merger Event, into the right to exercise this Option to acquire the number of shares of stock or other securities or property (other than cash) that the Common Stock subject to (at the time of such Merger Event) this Option immediately prior to such Merger Event would have been entitled to receive upon consummation of such Merger Event (assuming for this purpose that any election to receive cash in respect of shares of Common Stock is made for the maximum amount of cash that may be delivered).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Calculation of Certain Option Property</u>. Notwithstanding anything to the contrary, in the event that any Equity Interests, other securities of the Company or any other Person or any other property that the Optionholder may become entitled to receive by operation of this <u>Section 12</u> (individually and collectively, "<u>Option Property</u>") shall, by its terms, in whole or in part, (<u>x</u>) mature or expire prior to the Expiration Time, or (<u>y</u>) require the giving of any notice or the taking of any action the failure of either of which could result in (<u>1</u>) the forfeiture of rights or value to which the holder thereof would otherwise be entitled prior to the Expiration Time or (<u>2</u>) the maturation or expiration of such Option Property prior to the Expiration Time, then the Exercise Price shall be reduced by the fair market value of such Option Property determined in accordance with this <u>Section 12(iv)</u>. The fair market value of Option Property that is listed or traded on an exchange or the prices for which are available on a quotation system shall be the last sale price for such Option Property on such exchange or quotation system. If such Option Property is not listed or traded an exchange or quotation system, the Grantor shall determine the fair market value of such Option Property based on prices for such Option Property obtained from several leading dealers in the market for such Option Property, or if such prices are not available to the Grantor notwithstanding its commercially reasonable efforts so to procure, the fair market value of such Option Property shall be determined by a nationally recognized investment banking, accounting or valuation firm mutually agreed by the Grantor and the Optionholder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Statement Regarding Adjustments</u>. Whenever the Exercise Price or the number of Option Shares subject to this Option shall be adjusted as provided in this <u>Section 12</u>, the Grantor shall determine the amount and form of any such adjustment in good faith and in a commercially reasonable manner and shall prepare a statement showing in reasonable detail the basis for such determination (including any quotations, market data or information from internal or external sources, and any assumptions, used in making such determination) and cause a copy of such statement to be delivered to the Optionholder as promptly as practicable and in no event later than 5 Business Days following its determination regarding such adjustment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Notice of Adjustment Event</u>. In the event that the Company takes any action of the type described in this <u>Section 12</u> (but only if the action of the type described in this <u>Section 12</u> would result in an adjustment in the Exercise Price or the number of Option Shares subject to this Option or a change in the type of securities or property to be delivered upon exercise of this Option), the Grantor shall provide written notice to the Optionholder, which notice shall set forth the facts with respect thereto as shall be reasonably necessary to indicate the proposed effect on the Exercise Price and the number, kind or class of shares or other securities or property which upon the delivery of such shares or other securities or property to a holder of Common Stock, is expected to be deliverable to the Optionholder upon exercise of this Option and show in reasonable detail the basis for such determination (including any quotations, market data or information from internal or external sources, and any assumptions, used in making such determination).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Adjustment Rules</u>. Any adjustments pursuant to this <u>Section 12</u> shall be made successively whenever an event referred to herein shall occur. If an adjustment in the Exercise Price made hereunder would reduce the Exercise Price to an amount below par value of the Common Stock, then such adjustment in the Exercise Price made hereunder shall reduce the Exercise Price to the par value of the Common Stock.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Representations</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Optionholder represents and warrants to, and agrees with, the Grantor that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It is a "qualified institutional buyer" as defined in Rule 144A under the Securities Act and a "qualified purchaser" as defined in Section 2(a)(51) of the Investment Company Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<u>1</u>) It is acting for its own account, and it has made its own independent decisions to enter into this Option and as to whether this Option is appropriate or proper for it based upon its own judgment and upon advice from such advisers as it has deemed necessary, (<u>2</u>) it is not relying on any communication (written or oral) of the other party or any of the other party's affiliates as investment advice or as a recommendation to enter into this Option (it being understood that information and explanations related to the terms and conditions of this Option shall not be considered investment advice or a recommendation to enter into this Option) and (<u>3</u>) no communication (written or oral) received from the other party or any of the other party's affiliates shall be deemed to be an assurance or guarantee as to the expected results of transactions contemplated by this Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Grantor represents and warrants to, and agrees with, the Optionholder that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It is duly organized and validly existing under the laws of its jurisdiction of incorporation and, if relevant under such laws, is in good standing; it has all necessary corporate power and authority to execute, deliver and perform its obligations in respect of this Option; such execution, delivery and performance have been duly authorized by all necessary corporate action on its part; and this Option has been duly and validly executed and delivered by the Grantor and constitutes its valid and binding obligation, enforceable against such party in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors' rights and remedies generally, and subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Neither the execution and delivery of this Option nor the incurrence or performance of the obligations of such party hereunder will conflict with or result in a breach of (<u>1</u>) the certificate of incorporation or by laws (or any equivalent documents) of the Grantor, (<u>2</u>) any law or regulation, applicable to it, or any order, writ, injunction or decree of any court or governmental authority or agency applicable to the Grantor, or (<u>3</u>) any agreement or instrument to which the Grantor is a party or by which it is bound or to which it is subject, or constitute a default under, or result in the creation of any lien under, any such agreement or instrument, except, in the case of <u>clause (3)</u>, to the extent that such conflict, breach, default or lien would not have a material adverse effect on the Grantor, this Option or the Optionholder's rights or obligations relating to this Option, or the power or ability of the Grantor to execute and deliver this Option or perform its obligations hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No consent, approval, authorization, or order of, or filing with, any governmental agency or body or any court is required in connection with the execution, delivery or performance by the Grantor of this Option, except such as have been obtained or made or the absence of which would not have a material adverse effect on such party, this Option or the Optionholder's rights or obligations relating to this Option, or the power or ability of the Grantor to execute and deliver this Option or perform its obligations hereunder and except such as may be required under the Securities Act or state securities laws and except for filings with the Securities and Exchange Commission.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Tax Matters</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upon the reasonable request of the Optionholder, the Grantor agrees to deliver to the Optionholder, as applicable, a U.S. Internal Revenue Service Form W-8 or Form W-9 (or successor thereto), and the Optionholder agrees to deliver to the Grantor, as applicable, a U.S. Internal Revenue Service Form W-8 or Form W-9 (or successor thereto) and any other tax forms or documentation requested by the Grantor that Optionholder is eligible to deliver.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Optionholder and any of its affiliates shall be entitled to deduct and withhold from any amount payable pursuant to this Option such amounts as it is required to deduct and withhold with respect to the making of such payment under applicable tax law. To the extent amounts are so withheld and paid over to or deposited with the relevant taxing authority, such deducted and withheld amounts shall be treated for all purposes of this Option as having been paid to the person in respect of which such deduction and withholding was made. The parties shall, and shall cause their representatives and affiliates to, reasonably cooperate to reduce or eliminate any amount required to be deducted and withheld pursuant to this <u>Section 14(ii)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Grantor represents and warrants to the Optionholder that it is a limited liability company organized in the State of Delaware that is treated as disregarded and separate from SoftBank for U.S. federal income tax purposes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law; Jurisdiction; Forum; Waiver of Trial by Jury</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; THIS OPTION SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, REGARDLESS OF THE LAWS THAT MIGHT OTHERWISE GOVERN UNDER ANY APPLICABLE PRINCIPLES OF CONFLICTS OF LAWS THEREOF. In any action between the parties arising out of or relating to this Option, each of the parties (<u>a</u>) irrevocably and unconditionally consents and submits to the exclusive jurisdiction and venue of the Court of Chancery of the State of Delaware in and for New Castle County, Delaware, (<u>b</u>) agrees that it will not attempt to deny or defeat such jurisdiction by motion or other request for leave from such court, and (<u>c</u>) agrees that it will not bring any such action in any court other than the Court of Chancery for the State of Delaware in and for New Castle County, Delaware, or, if (and only if) such court finds it lacks subject matter jurisdiction, the federal court of the United States of America sitting in the State of Delaware, and appellate courts thereof, or, if (and only if) each of such Court of Chancery for the State of Delaware and such federal court finds it lacks subject matter jurisdiction, any state court within the State of Delaware. Service of process, summons, notice or document to any party's address and in the manner set forth in <u>Section 18</u> shall be effective service of process for any such action.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS OPTION IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS OPTION OR THE TRANSACTIONS CONTEMPLATED HEREBY EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (<u>A</u>) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (<u>B</u>) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVER, (<u>C</u>) IT MAKES SUCH WAIVER VOLUNTARILY AND <u>(D</u>) IT HAS BEEN INDUCED TO ENTER INTO THIS OPTION BY, AMONG OTHER THINGS, THE MUTUAL WAIVER AND CERTIFICATIONS IN THIS <u>SECTION 15(ii)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Binding Effect</u>. This Option shall be binding upon any successors or assigns of the Grantor.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Amendments and Waivers</u>. Except as otherwise provided herein, the provisions of this Option may be amended, modified or discharged or waived only by written agreement executed by the parties hereto, and no extension of time for the performance of any of the obligations hereunder shall be valid or binding unless set forth in writing and duly executed by the parties. Any waiver shall constitute a waiver only with respect to the specific matter described in such written agreement and shall in no way impair the rights of any party granting any waiver in any other respect or at any other time. The waiver by any of the parties of a breach of, or a default under, any of the provisions hereof, or to exercise any right or privilege hereunder, shall not be construed as a waiver of any other breach or default of a similar nature, or as a waiver of any of such provisions, rights or privileges hereunder. Except as expressly provided in this Option, the rights and remedies herein provided are cumulative and none is exclusive of any other, or of any rights or remedies that any party may otherwise have at law or in equity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Notices</u>. Unless otherwise provided in this Option, all notices and other communications provided for hereunder shall be dated and in writing and shall be deemed to have been given (<u>i</u>) when delivered, if delivered personally, or sent by registered or certified mail, return receipt requested, postage prepaid, provided that such delivery is completed during normal business hours of the recipient, failing which such notice shall be deemed to have been given on the next Business Day, (<u>ii</u>) on the next Business Day if sent by overnight courier and delivered on such Business Day within ordinary business hours and, if not, the next Business Day following delivery; and (<u>iii</u>) when received, if received during normal business hours and, if not, the next Business Day after receipt, if delivered by e-mail or any means other than those specified above. In the event that this Option is transferred or assigned, the address of the Optionholder or the Grantor shall be such other address as shall have been furnished to the other party pursuant to <u>Section 8</u> or this <u>Section 18</u>, as applicable.

If to the Grantor, to:

Delaware Project 9 L.L.C.

300 El Camino Real

Menlo Park, CA 94025

<br> Attention: SBGI Corporate Legal

<br> E-mail: sbgi-corporate@softbank.com

and

SoftBank Group Corp.

Tokyo Portcity Takeshiba

1-7-1 Kaigan

Minato-ku, Tokyo, 105-7537

Japan

<br> Attention: Corporate Officer, Head of Legal Unit

<br> E-mail: sbgrp-legalnotice@g.softbank.co.jp

sbgi-legal@softbank.com

with a copy to (which shall not constitute notice):

Sullivan & Cromwell LLP

1 New Fetter Lane

London EC4A 1AN

<br> Attention: John Horsfield-Bradbury

<br> E-mail: horsfieldbradburyj@sullcrom.com

If to the Optionholder, to:

Deutsche Telekom AG

Friedrich-Ebert-Allee 140

53113 Bonn, Germany

<br> Attention: Axel Lützner, Head of Legal M&A

<br> E-mail: legalmergersandacquisitions@telekom.de

------

with a copy to (which shall not constitute notice):

Cravath, Swaine & Moore LLP

Two Manhattan West

375 Ninth Avenue

New York, New York 10001

<br> Attention: Richard Hall Maurio A. Fiore

<br> E-mail: RHall@cravath.com MFiore@cravath.com

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severability</u>. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstances, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be in any way impaired thereby, it being intended that all of the rights and privileges of the parties shall be enforceable to the fullest extent permitted by law. To the extent that any such provision is so held to be invalid, illegal or unenforceable, the parties shall in good faith use commercially reasonable efforts to find and effect an alternative means to achieve the same or substantially the same result as that contemplated by such provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Counterparts</u>. This Option may be signed in any number of counterparts, each of which shall be deemed an original (including signatures delivered via facsimile or electronic mail) with the same effect as if the signatures thereto and hereto were upon the same instrument. The parties hereto may deliver this Option by facsimile or by electronic mail and each party hereto shall be permitted to rely on the signatures so transmitted to the same extent and effect as if they were original signatures.

*[Remainder of page intentionally left blank]*

------

IN WITNESS WHEREOF, the Grantor has caused this Option to be duly executed by a duly authorized officer.

Dated: October 2, 2025<br>

---

| | | |
|:---|:---|:---|
| **DELAWARE PROJECT 9 L.L.C.** | **DELAWARE PROJECT 9 L.L.C.** | **DELAWARE PROJECT 9 L.L.C.** |
| By: | /s/ Kiran Kazmi | /s/ Kiran Kazmi |
|  | Name: | Kiran Kazmi |
|  | Title: | Manager |
| Acknowledged and Agreed | Acknowledged and Agreed | Acknowledged and Agreed |
| **DEUTSCHE TELEKOM AG** | **DEUTSCHE TELEKOM AG** | **DEUTSCHE TELEKOM AG** |
| By: | /s/ Timothy Höttges | /s/ Timothy Höttges |
|  | Name: | Timothy Höttges |
|  | Title: | Chief Executive Officer |
| By: | /s/ Dr. Axel Lützner | /s/ Dr. Axel Lützner |
|  | Name: | Dr. Axel Lützner |
|  | Title: | VP of Legal |

---

[*Signature Page to SB-DT Call Option*]

------

<u>ANNEX A</u>

[Form of Notice of Exercise]

Date:

TO: THE GRANTOR

RE: Election to Purchase Common Stock

The undersigned, pursuant to the provisions set forth in the attached Option, hereby agrees to purchase the number of shares of Common Stock set forth below covered by such Option. The undersigned, in accordance with the terms of the Option, hereby agrees to pay the aggregate Exercise Price for such shares of Common Stock. A new option evidencing the remaining shares of Common Stock covered by such Option, but not yet subscribed for and purchased, if any, should be issued in the name of the Optionholder.

Number of shares of Common Stock with respect to which the Option is being exercised:

<u><br> </u>

Aggregate Exercise Price:  

Holder:   <br> By:   <br> Name:  

## Exhibit 99.69

**Exhibit 69**<br>

#### SCHEDULE A-3

#### Directors and Executive Officers of Deutsche Telekom AG
Schedule A-3 is amended and restated as follows:

The following tables I and II set forth the names, business addresses and present principal occupation of each director and executive officer of Deutsche Telekom AG. Unless otherwise noted, each of the persons listed below is principally employed by Deutsche Telekom AG and is a citizen of the Federal Republic of Germany. During the last five years, to the best of each Reporting Person's knowledge, no person on this table has been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which proceeding such person is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

I. *Board of Management*

---

| | | |
|:---|:---|:---|
| **Name**<br>| **Business Address**<br>| **Present Principal Occupation**<br>|
| Timotheus Höttges | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Chairman of the Board |
| Dr. Feri Abolhassan Pur-Moghaddam | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for T-Systems |
| Birgit Bohle | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for Human Resources and Labor |
| Rodrigo Diehl<sup>†</sup> | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for Germany |
| Dr. Christian P. Illek | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for Finance (CFO) |
| Thorsten Langheim | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for USA and Group Development |
| Dominique Leroy \* | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for Europe |
| Dr. Abdurazak Mudesir | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Board Member for Technology and Innovation |

---

 <sup></sup> 

 <sup></sup> 

<sup>†</sup> = citizen of Argentina and Germany

\* = citizen of Belgium

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;II. *Supervisory Board* 

---

| | | |
|:---|:---|:---|
| **Name**<br>| **Business Address**<br>| **Present Principal Occupation**<br>|
| Dr. Frank Appel (Chairman) | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Former CEO Deutsche Post AG, Bonn |
| Odysseus D. Chatzidis \* | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Chairman of the European Works Council of Deutsche Telekom AG, Bonn |
| Eric Daum | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | 1st Deputy Chairman of the Group Works Council at Deutsche Telekom AG, Bonn |
| Rachel Empey ⁱ | Scharderhohlweg 45<br> 61462 Königstein im Taunus<br> Germany  | Former Member of the Board of Management of Fresenius Management SE, Bad Homburg vor der Höhe |
| Constantin Greve | Friedrich-Ebert-Allee 140<br> Bonn, Germany 53113 | Chairman of the Works Council of Deutsche Telekom AG, Bonn |
| Dagmar P. Kollmann <sup>†</sup> | Grinzinger Allee 50,<br> Vienna, Austria 1190 | Entrepreneur and member of several supervisory and advisory boards |
| Natalie Knight ⁰ | 2847 Chestnut Run Drive<br> Bloomfield Hills, MI 48302<br> USA | Former Member of the Board of Directors of Stellantis N.V., Hoofddorp, Netherlands |
| Petra Steffi Kreusel | Hahnstrasse 43d,<br> Frankfurt am Main, Germany 60528 | Senior Vice President, Customer & Public Relations at Deutsche Telekom Geschäftskunden GmbH, Bonn, Group Officer for Digital Education and School at Deutsche Telekom AG, Bonn, Chairwoman of the Executive Staff Representation Committee of Deutsche Telekom Geschäftskunden GmbH, Bonn, Deputy Chairwoman of the Group Executive Staff Representation Committee of Deutsche Telekom AG, Bonn. |
| Harald Krüger | Brienner Straße 29,<br> München, Germany 80333 | Managing Partner of KC&C GmbH, Gräfelfing, and former Chairman of the Management Board of Bayerische Motoren Werke Aktiengesellschaft, Munich |
| Kerstin Marx | Friedrich-Ebert-Allee 140,<br> Bonn, Germany 53113 | Chairwoman of the Group Works Council of Deutsche Telekom AG, Bonn |
| Frank Sauerland | Paula-Thiede-Ufer 10,<br> Berlin, Germany 10179 | Head of the Collective Bargaining Policy Committee IKT, National Committee A at the ver.di National Executive Board, Berlin |
| Karin Topel | Querstraße 1,<br> Leipzig, Germany 04103 | Chairwoman of the Works Council at Deutsche Telekom Technik GmbH, Bonn, Technical Branch Office, Eastern District |
| Stefan B. Wintels | Palmengartenstrasse 5-9,<br> Frankfurt am Main, Germany 60325 | CEO KfW, Frankfurt am Main |

---

------

---

| | | |
|:---|:---|:---|
| **Name**<br>| **Business Address**<br>| **Present Principal Occupation**<br>|

---

---

| | | |
|:---|:---|:---|
| Dr. Reinhard Ploss | Hans-Durach-Str. 4,<br> Unterhaching, Germany 82008 | Chairman of the Supervisory Board of Knorr-Bremse AG, München and former Chairman of the Board of Management of Infineon Technologies AG, Neubiberg |
| Stefan Ramge | Wilhelmstraße 97, <br> Berlin, Germany 10117 | Director-General responsible for Industrial Holdings, Federal Real Estate, and Privatisation in the Federal Ministry of Finance, Berlin |
| Frank Sauerland | Paula-Thiede-Ufer 10,<br> Berlin, Germany 10179 | Head of the Collective Bargaining Policy Committee IKT, National Committee A at the ver.di National Executive Board, Berlin |
| Susanne Schöttke | Hüxstr. 1<br> 23552 Lübeck, Germany | Head of State District North ver.di, Lübeck |
| Christoph Schmitz-Dethlefsen <br> (Deputy Chairman) | Paula-Thiede-Ufer 10,<br> Berlin, Germany 10179  | Member of the federal executive board ver.di federal administration, Berlin |

---

Nicole Seelemann-Wandtke Kronshagener Weg 105, Kiel, Germany 24116 Deputy Chairwoman of the Works Council of the Consumer unit at Telekom Deutschland GmbH, Bonn

---

| | | |
|:---|:---|:---|
| Karl-Heinz Streibich | Zimmerweg 15,<br> Frankfurt, Germany 60325 | Honorary chairman of acatech senate– Deutsche Akademie der Technikwissenschaften, Berlin |
| Margret Suckale | Hochfeldstratße 4b,<br> Tegernsee, Germany 83684 | Former member of the Board of Management of BASF SE, Ludwigshafen |
| Karin Topel | Querstraße 1,<br> Leipzig, Germany 04103 | Chairwoman of the Works Council at Deutsche Telekom Technik GmbH, Bonn, Technical Branch Office, Eastern District |
| Stefan B. Wintels | Palmengartenstrasse 5-9,<br> Frankfurt am Main, Germany 60325 | CEO KfW, Frankfurt am Main |

---

\* = citizen of Greece

<sup>†</sup> = citizen of Austria

⁰ = citizen of United States of America

ⁱ = citizen of United Kingdom

&nbsp;&nbsp;&nbsp;&nbsp;<br>

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 34)**

**T-Mobile US, Inc.**

*(Name of Issuer)*

**Common Stock**

*(Title of Class of Securities)*

**872590104**

*(CUSIP Number)*

**Dr. Axel Lutzner, VP DT Legal**<br>Deutsche Telekom AG<br>Friedrich-Ebert-Allee 140<br>Bonn 2M 53113<br>49-228-181-0

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/02/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **872590104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Deutsche Telekom AG** | Name of reporting person<br>**Deutsche Telekom AG** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**628168603.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**582993871.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**55.8%** | Percent of class represented by amount in Row (11)<br>**55.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **872590104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Deutsche Telekom Holding B.V.** | Name of reporting person<br>**Deutsche Telekom Holding B.V.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**P7** | Citizenship or place of organization<br>**P7** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**628168603.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**582993871.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**55.8%** | Percent of class represented by amount in Row (11)<br>**55.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **872590104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**T-Mobile Global Holding GmbH** | Name of reporting person<br>**T-Mobile Global Holding GmbH** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**628168603.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**582993871.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**55.8%** | Percent of class represented by amount in Row (11)<br>**55.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **872590104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**T-Mobile Global Zwischenholding GmbH** | Name of reporting person<br>**T-Mobile Global Zwischenholding GmbH** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**628168603.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**582993871.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | Aggregate amount beneficially owned by each reporting person<br>**628168603.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**55.8%** | Percent of class represented by amount in Row (11)<br>**55.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock

**(b) Name of Issuer:**
T-Mobile US, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
Friedrich-Ebert-Allee 140, Bonn, 2M, 53113

This Amendment No. 34 (this "Amendment No. 34") to the Schedule 13D filed with the U.S. Securities and Exchange Commission (the "Commission") on May 10, 2013, (as amended and supplemented from time to time, this "Schedule 13D"), is being filed by Deutsche Telekom AG, a stock corporation (Aktiengesellschaft) organized under the laws of the Federal Republic of Germany ("Deutsche Telekom"), T-Mobile Global Zwischenholding GmbH, a limited liability company (Gesellschaft mit beschrankter Haftung) organized under the laws of the Federal Republic of Germany and a direct wholly owned subsidiary of Deutsche Telekom ("T-Mobile Global"), T-Mobile Global Holding GmbH, a limited liability company (Gesellschaft mit beschrankter Haftung) organized under the laws of the Federal Republic of Germany and a direct wholly owned subsidiary of T-Mobile Global ("T-Mobile Holding"), and Deutsche Telekom Holding B.V., a limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands and a direct wholly owned subsidiary of T-Mobile Holding ("DT Holding" and, together with Deutsche Telekom, T-Mobile Global and T-Mobile Holding, the "Reporting Persons", and each, a "Reporting Person"), pursuant to Section 13(d) of the Exchange Act, and Rule 13d-2(a) thereunder, with respect to the shares of common stock, par value $0.00001 per share (the "Common Stock"), of T-Mobile US, Inc., a Delaware corporation (the "Issuer" or "T-Mobile").

Except as set forth below, all Items of this Schedule 13D, as amended prior to the date hereof, are materially unchanged. Capitalized terms used in this Amendment No. 34 and not otherwise defined shall have the respective meanings assigned to such terms in this Schedule 13D.

Deutsche Telekom disclaims beneficial ownership in any Common Stock held by Delaware Project 6 L.L.C. ("Project 6") and Delaware Project 9 L.L.C. ("Project 9"), each a wholly-owned subsidiary of SoftBank Group Corp. ("SoftBank"), if such Common Stock is not subject to the Proxy.

**Item 4. Purpose of Transaction**

This Item 4 is hereby amended and supplemented as follows:

The information set forth in Item 6 of this Schedule 13D is hereby incorporated by reference.

**Item 5. Interest in Securities of the Issuer**

**(a)**
This Item 5 is hereby amended and supplemented as follows:

The information contained in the cover pages of this Schedule 13D and the information set forth in Item 6 of this Schedule 13D is incorporated herein by reference.  

As of the date hereof, the Reporting Persons beneficially own, in aggregate, 628,168,603 shares of Common Stock consisting of (i) 582,993,871 shares of Common Stock held by DT Holding, (ii) 27,174,732 shares of Common Stock held by Project 6 and subject to the Proxy and (iii) 18,000,000 shares of Common Stock held by Project 9 and subject to the Proxy (of which 10,000,000 of such shares of Common Stock are subject to call options granted by Project 9 to Deutsche Telekom), representing 55.8% of the shares of the Common Stock outstanding as of July 18, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Commission on July 23, 2025.  The number of shares of Common Stock held by Project 6 and Project 9 is based solely on information provided by SoftBank as of September 30, 2025.

**(b)**
Same as (a) above.

**(c)**
Except as previously reported on this Schedule 13D, set forth in Exhibit 67 or in Item 6 below, to the best knowledge of the Reporting Persons, none of the Reporting Persons has effected any transaction in Common Stock in the 60 days preceding the date hereof.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

This Item 6 is hereby amended and supplemented as follows: 

SB-DT 2029 Call Option Agreement

Pursuant to an option agreement dated October 2, 2025 (the "SB-DT 2029 Call Option"), between Project 9, as grantor, and Deutsche Telekom, as optionholder, Project 9 has granted call options to Deutsche Telekom which entitle Deutsche Telekom to acquire from Project 9, in whole or in part, up to an aggregate of 10,000,000 shares of Common Stock until April 1, 2029. The SB-DT 2029 Call Option may be exercised on or after October 2, 2025. 

The SB-DT 2029 Call Option may be exercised at an exercise price per share (the "Exercise Price") equal to the last sale price of the Common Stock as reported on the NASDAQ Global Select Market (as reported on Bloomberg L.P. page "TMUS US Equity HP" (or any successor page thereto)) on the last day on which the NASDAQ Global Select Market is open for trading immediately preceding the relevant date of exercise.  

The Exercise Price shall be subject to customary adjustment from time to time as a result of certain specified events, including stock splits, subdivisions, reclassifications or combinations of the Common Stock, dividends (other than cash dividends) and merger events.

The foregoing description of the SB-DT 2029 Call Option does not purport to be complete and is subject to, and qualified in its entirety by, the SB-DT 2029 Call Option, which is filed as Exhibit 68 hereto.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Deutsche Telekom AG

**Signature:** /s/ Christoph Appel

**Name/Title:** Christoph Appel / Attorney-in-fact

**Date:** 10/06/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Deutsche Telekom Holding B.V.

**Signature:** /s/ Christoph Appel

**Name/Title:** Christoph Appel / Attorney-in-fact

**Date:** 10/06/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** T-Mobile Global Holding GmbH

**Signature:** /s/ Christoph Appel

**Name/Title:** Christoph Appel / Attorney-in-fact

**Date:** 10/06/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** T-Mobile Global Zwischenholding GmbH

**Signature:** /s/ Christoph Appel

**Name/Title:** Christoph Appel / Attorney-in-fact

**Date:** 10/06/2025