Success of the Tender Offer Initiated by SVF II STRATEGIC INVESTMENTS AIV LLC, which will hold 71.44% of Balyo’s Share Capital Following the First Offer Period

Regulatory News:

Balyo (Paris:BALYO) and SVF II STRATEGIC INVESTMENTS AIV LLC announce the results of the tender offer for Balyo’s securities (the “Offer”) published by the French Autorité des marchés financiers (“AMF”) following the completion of the Offer on 25 October 2023.

Results of the Offer

Following the completion of the initial period of the Offer initiated by SVF II STRATEGIC INVESTMENTS AIV LLC for Balyo securities, SVF II STRATEGIC INVESTMENTS AIV LLC, a wholly-owned subsidiary of SoftBank Group Corp (“SBG”), will hold 24,327,057 shares and 6,270 preferred shares representing, after assimilation of the treasury shares and shares covered by a liquidity agreement, 71.44% of Balyo’s capital and 71.43% of voting rights on a non-diluted basis¹, and 11,753,581 warrants amounting to 100% of all of the outstanding warrants. The Offer is therefore successful.

Balyo and SBG are pleased with the success of this first offer period. The Board of Directors unanimously issued, on 4 August 2023, a favorable opinion on the Offer, judging it to be consistent with the interests of the Group, its security holders and its employees.

The settlement-delivery of the Offer will take place on 3 November 2023.

Reopening of the Offer

In compliance with the articles 232-4 of the AMF’s general regulations, the Offer will be reopened, from 3 November 2023 until 16 November 2023, upon the same terms and conditions as the first period of the Offer in particular at the same price, namely €0.85 per share, €0.01 per preferred share and €0.07 per warrant, in order to allow security holders who have not yet tendered their securities to do so.

The timetable of the Reopened Offer will be the following:

3 November 2023	Reopening of the Offer and settlement-delivery of the securities tendered to the first period of the Offer
16 November 2023	Closing of the Reopened Offer
21 November 2023	Publication of the results of the Reopened Offer by the AMF
24 November 2023	Settlement-delivery of the securities tendered to the Reopened Offer

The process for tendering the securities in the Reopened Offer and the procedure for the centralization of the orders Reopened Offer will be identical to that of the Offer, it being specified, however, that orders to tender to the Reopened Offer will be irrevocable.