SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP. III INDEX TO FINANCIAL STATEMENT Page Report of Independent Registered Public Accounting Firm F-2 Balance Sheet F-3 Notes to the Balance Sheet F-4 F- 1 REPORT OF INDEPENDENT REGIS

SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP.

INDEX TO FINANCIAL STATEMENT

REPORT OF INDEPENDENT REGISTERED PUBLIC

To the Shareholders and Board of Directors of

Social Capital Hedosophia Holdings Corp. III

Opinion on the Financial Statements

accompanying balance sheet of Social Capital Hedosophia Holdings Corp. III (the "Company") as of April 24, 2020, and

related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents

fairly, in all material respects, the financial position of the Company as of April 24, 2020 in conformity with accounting principles

generally accepted in the United States of America.

This financial statement

is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial

statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United

States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal

securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit

in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable

assurance about whether the financial statement is free of material misstatement, whether due to error or fraud. The Company is

not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our

audit we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing

an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such

Our audit included performing

procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing

procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and

disclosures in the financial statement. Our audit also included evaluating the accounting principles used and significant estimates

made by management, as well as evaluating the overall presentation of the financial statement. We believe that our audit provides

a reasonable basis for our opinion.

We have served as the Company's auditor since 2020.

SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP.

The accompanying notes are an integral

part of the financial statement.

SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP.

NOTES TO FINANCIAL STATEMENT

NOTE 1 - DESCRIPTION

OF ORGANIZATION AND BUSINESS OPERATIONS

Social Capital Hedosophia

Holdings Corp. III (the "Company") is a blank check company incorporated as a Cayman Islands exempted company on October 18,

2019. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization

or similar business combination with one or more businesses (a "Business Combination").

Although the Company

is not limited to a particular industry or sector for purposes of consummating a Business Combination, the Company intends to focus

on businesses in the technology industries primarily located in the United States. The Company is an early stage and emerging growth

company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

As of April 24, 2020,

the Company had not commenced any operations. All activity for the period from October 18, 2019 (inception) through April 24, 2020

relates to the Company's formation and the initial public offering ("Initial Public Offering"), which is described

below. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at

the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the

Initial Public Offering.

statements for the Company's Initial Public Offering were declared effective on April 21, 2020. On April 24, 2020, the Company

consummated the Initial Public Offering of 82,800,000 units (the "Units" and, with respect to the shares of Class A

ordinary shares included in the Units sold, the "Public Shares"), which includes the full exercise by the underwriters

of the over-allotment option to purchase an additional 10,800,000 Units, at $10.00 per Unit, generating gross proceeds of $828,000,000

which is described in Note 3.

the closing of the Initial Public Offering, the Company consummated the sale of 10,933,333 warrants (the "Private Placement

Warrants") at a price of $1.50 per Private Placement Warrant in a private placement to SCH Sponsor III LLC (the "Sponsor"),

generating gross proceeds of $16,400,000, which is described in Note 4.

amounted to $44,156,346 consisting of $14,400,000 of underwriting fees, $28,980,000 of deferred underwriting fees and $776,346

of other offering costs. In addition, $1,663,066 of cash was held outside of the Trust Account (as defined below) and is available

for working capital purposes.

Following the closing

of the Initial Public Offering on April 24, 2020, an amount of $828,000,000 ($10.00 per Unit) from the net proceeds of the sale

of the Units in the Initial Public Offering and the sale of the Private Placement Warrants was placed in a trust account (the "Trust

Account") located in the United States and invested in U.S. government securities, within the meaning set forth in Section 2(a)(16)

of the Investment Company Act, with a maturity of 185 days or less, or in any open-ended investment company that holds itself

out as a money market fund meeting the conditions of Rule 2a-7 of the Investment Company Act of 1940, as amended (the "Investment

Company Act"), as determined by the Company, until the earlier of: (i) the completion of a Business Combination and (ii)

the distribution of the funds in the Trust Account to the Company's shareholders, as described below.

provide the holders of the public shares (the "Public Shareholders") with the opportunity to redeem all or a portion

of their public shares upon the completion of the Business Combination, either (i) in connection with a shareholder meeting

called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek

shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion.

The Public Shareholders will be entitled to redeem their shares for a pro rata portion of the amount held in the Trust Account

($10.00 per share) as of two business days prior to the completion of a Business Combination, including any pro rata interest

earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations. The per-share

amount to be distributed to the Public Shareholders who redeem their shares will not be reduced by the deferred underwriting commissions

the Company will pay to the underwriters (as discussed in Note 6). There will be no redemption rights upon the completion of a

Business Combination with respect to the Company's warrants.

proceed with a Business Combination only if the Company has net tangible assets, after payment of the deferred underwriting commission,

of at least $5,000,001 upon such completion of a Business Combination and, if the Company seeks shareholder approval, it receives

an ordinary resolution under Cayman Islands law approving a Business Combination, which requires the affirmative vote of a majority

of the shareholders who attend and vote and a general meeting of the Company. If a shareholder vote is not required and the Company

does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated

Memorandum and Articles of Association, conduct the redemptions pursuant to the tender offer rules of the Securities and Exchange

Commission ("SEC"), and file tender offer documents containing substantially the same information as would be included

in a proxy statement with the SEC prior to completing a Business Combination. If the Company seeks shareholder approval in connection

with a Business Combination, the Company's Sponsor has agreed to vote its Founder Shares (as defined in Note 5) and any Public

Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination and to waive its redemption

rights with respect to any such shares in connection with a shareholder vote to approve a Business Combination or seek to sell

any shares to the Company in a tender offer in connection with a Business Combination. Additionally, subject to the immediately

succeeding paragraph, each public shareholder may elect to redeem their Public Shares, without voting, and if they do vote, irrespective

of whether they vote for or against a proposed Business Combination.

SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP.

NOTES TO FINANCIAL STATEMENT

foregoing, if the Company seeks shareholder approval of the Business Combination and the Company does not conduct redemptions pursuant

to the tender offer rules, a Public Shareholder, together with any affiliate of such shareholder or any other person with whom

such shareholder is acting in concert or as a "group" (as defined under Section 13 of the Securities Exchange

Act of 1934, as amended (the "Exchange Act")), will be restricted from redeeming its shares with respect to 15% or