SOFTBANK VISION FUND (AIV M2) L.P. - 15 Jan 2026 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)

Role: 10%+ Owner
Signature: SoftBank Vision Fund (AIV M2) L.P., By: SB Investment Advisers (UK) Limited, its manager, By: /s/ Amanda Sanchez-Barry, General Counsel
Issuer symbol: NRGV
Transactions as of: 15 Jan 2026
Net transactions value: -$16,950,000
Form type: 4
Filing time: 20 Jan 2026, 21:00:03 UTC
Previous filing: 22 Feb 2022
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
SOFTBANK VISION FUND (AIV M2) L.P.	10%+ Owner	1521 CONCORD PIKE, WILMINGTON	SoftBank Vision Fund (AIV M2) L.P., By: SB Investment Advisers (UK) Limited, its manager, By: /s/ Amanda Sanchez-Barry, General Counsel	20 Jan 2026	0001805808
SB INVESTMENT ADVISERS (UK) LTD	10%+ Owner	69 GROSVENOR STREET, LONDON, UNITED KINGDOM	SB Investment Advisers (UK) Limited, By: /s/ Amanda Sanchez-Barry, General Counsel	20 Jan 2026	0001731509

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NRGV	Common Stock	Sale	$16,950,000	-3,000,000	-16%	$5.65	15,535,631	15 Jan 2026	See footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SOFTBANK VISION FUND (AIV M2) L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Securities held of record by SoftBank Vision Fund (AIV M2) L.P. ("AIV M2"). SB Investment Advisers (UK) Limited ("SBIA UK") has been appointed as alternative investment fund manager ("AIFM") and is exclusively responsible for managing AIV M2 in accordance with the Alternative Investment Fund Managers Directive and is authorized and regulated by the UK Financial Conduct Authority accordingly. As AIFM of AIV M2, SBIA UK is exclusively responsible for making all decisions related to the acquisition, structuring, financing, voting and disposal of AIV M2's investments

Content

Securities held of record by SoftBank Vision Fund (AIV M2) L.P. ("AIV M2"). SB Investment Advisers (UK) Limited ("SBIA UK") has been appointed as alternative investment fund manager ("AIFM") and is exclusively responsible for managing AIV M2 in accordance with the Alternative Investment Fund Managers Directive and is authorized and regulated by the UK Financial Conduct Authority accordingly. As AIFM of AIV M2, SBIA UK is exclusively responsible for making all decisions related to the acquisition, structuring, financing, voting and disposal of AIV M2's investments