Partial Withdrawal of the Agenda for the 36th Annual General Meeting of Shareholders
SoftBank Group Corp. (“SBG”) announces that today it resolved at its Board of Directors meeting to withdraw a part of the agenda “Proposal 2: Election of eight Directors” and partially revise the agenda to be submitted to the 36th Annual General Meeting of Shareholders to be held from 10:00 a.m. today.
1. Reason for Revision
This reflects the resignation of Nikesh Arora, Representative Director, President & COO, from the position of Representative Director and Director of SBG with the expiration of the term of office at the conclusion of the 36th Annual General Meeting of Shareholders to be held from 10:00 a.m. today, as announced in the press release “ Change of Representative Director (Resignation) ” dated June 21, 2016.
2. Content of Revision (changes are bold )
(Before revision)
Proposal 2: Election of eight Directors
The terms of office of the present nine Directors will expire at the conclusion of the Annual General Meeting of Shareholders. It is proposed that the number of Directors be reduced by one and eight Directors be elected.
Director candidates are as follows:
| Candidate No. | Name | Current position at SBG |
|---|---|---|
| 1 | Masayoshi Son | Chairman & CEO |
| 2 | Nikesh Arora | President & COO |
| 3 | Ken Miyauchi | Director |
| 4 | Ronald D. Fisher | Director |
| 5 | Yun Ma | Director |
| 6 | Manabu Miyasaka | Director |
| 7 | Tadashi Yanai | Director |
| 8 | Shigenobu Nagamori | Director |
(After revision)
Proposal 2: Election of seven Directors
The terms of office of the present nine Directors will expire at the conclusion of the Annual General Meeting of Shareholders. It is proposed that the number of Directors be reduced by two and seven Directors be elected.
Director candidates are as follows:
| Candidate No. | Name | Current position at SBG |
|---|---|---|
| 1 | Masayoshi Son | Chairman & CEO |
| Deleted | Deleted | |
| 3 | Ken Miyauchi | Director |
| 4 | Ronald D. Fisher | Director |
| 5 | Yun Ma | Director |
| 6 | Manabu Miyasaka | Director |
| 7 | Tadashi Yanai | Director |
| 8 | Shigenobu Nagamori | Director |
Please note that the exercise of voting rights with regard to this agenda shall be treated as effective only for the election of the seven candidates for Director following the revision.
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