Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On February 11, 2021, the Board of Directors (the Board) of SVF Investment
Corp. (the Company) appointed Mr. Javier Saade as a director of the Company. The Board determined that Mr. Saade qualified as an independent director under rules of the Nasdaq Capital Market. Mr. Saade was also appointed
to serve as a member of the Companys audit committee, compensation committee and nominating committee.
There are no transactions involving the
Company and Mr. Saade that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.
Mr. Saade is currently a Managing Partner of Impact Master Holdings and Venture Partner at Fenway Summer Ventures. He serves on the Board of Directors of
Porch Group, Inc. (NASDAQ: PRCH) and is Chairman of the Board of GP Funding, Inc., a Rothschild and Presidio owned financial services company. Until recently, Mr. Saade served on the Board of Trustees of The Nature Conservancy, the Board of
Trustees of Pan American Development Foundation and Board of Directors of Foundation for Puerto Rico. He also held seats on the Global Advisory Board of Docusign, Inc. (NASDAQ: DOCU), the Corporate Responsibility Board of Univision Communications
and the Board of Advisors of Harvards Rock Center for Entrepreneurship. He is a Founding Member of Fast Companys Impact Council and member of the National Association of Corporate Directors and the Latino Corporate Directors Association.
Previously, Mr. Saade was appointed by President Obama to serve as Associate Administrator of the
U.S. Small Business Administration (SBA) and was its Chief of Investment and Innovation. He was one of the highest ranking Latinos in government and a national
leader focused on sustainable investing, inclusive finance, innovation and economic development. He was chief executive of one of the largest capital pools in the world investing in American high growth companies, early stage technologies and
startups. Mr. Saade also held a seat at the Committee for Small and Emerging Companies at the U.S. Securities & Exchange Commission (SEC) and sat on multiple White House and interagency councils and committees working on a broad
economic policy agenda.
Prior to public service he spent over twenty years in investing, entrepreneurial, operating and
C-suite advisory roles at organizations that include McKinsey & Company, Booz Allen & Hamilton, Bridgewater Associates, Abbott Laboratories, GEM Group and Air America, a company he co-founded. Mr. Saade held three concurrent roles during his transition back to private life as Executive in Residence at Columbia Universitys Columbia Technology Ventures, Senior Fellow at Georgetown
Universitys Beeck Center for Social Impact + Innovation and Mentor at Stanford Universitys Latino Entrepreneurship Initiative. Throughout his career, Javier has served on several private equity and venture-backed boards, the boards of
Designing Justice + Designing Spaces and Foundation for Puerto Rico and as Mentor at Kauffman Foundations Fellows Program and Mentor at Techstars.
Mr. Saade holds an MBA from Harvard Business School, an MS in Operations & Technology from Illinois Institute of Technology and a BS in
Industrial Management from Purdue University.