PayPay Corporation (“PayPay”), a subsidiary of SoftBank Group Corp. (“SBG”), announced today that on February 12, 2026 (U.S. time), it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of American depositary shares (“ADSs”) representing its common shares on a U.S. stock exchange (the “Proposed Offering”). PayPay has applied to list the ADSs on the Nasdaq Global Select Market under the symbol “PAYP”. The exact timing, the number of ADSs to be offered and the price range for the Proposed Offering have not yet been determined.

Goldman Sachs & Co. LLC, J.P. Morgan, Mizuho Securities USA LLC, and Morgan Stanley & Co. LLC (in alphabetical order) are acting as joint book-running managers for the Proposed Offering.