SoftBank – ABB Robotics

WA-45035

SoftBank Group Corp. (**SBG**) through Tulip Holdco (DE) LLC, proposes to acquire from ABB Ltd (**ABB**), 100% of the shares in ABB Robotics Holdco 1 Ltd (**ABB Robotics**), which at completion, will hold ABB’s robotics division (**the Acquisition**). SBG is a publicly traded global investor headquartered in Tokyo, Japan, with a large and varied portfolio of investments and subsidiaries focused on the technology sector. Companies and investments of SBG conduct business activities globally across a wide range of sectors, including online learning, mobile and fixed-line communications services, microelectronics, transportation, software-as-a-service, mobile devices, internet advertising and e-commerce, banking, payment and investment, IT platforms, AI, and mobile robots. ABB Robotics supplies industrial robots including the design, development, manufacturing, sale and service of robotic technologies that help businesses across a wide range of industries. Globally, ABB Robotics’ supplies (i) naked robots (including controllers) and (ii) complete solutions (including functional modules, cells, and systems with various degrees of customisation and integration depending on the customer need). In addition, ABB Robotics also offers the corresponding software, either together with the robots or, to a limited extent, on a stand-alone basis.