1. The Growth Dividend of Women’s Inclusion in the Economy Milan Ginger Lew CEO, Three Oaks Investments March 2012

2. Inclusion Of Women In A Country’s Economy Is Essential To Future Growth Today there are more than 200 million women entrepreneurs worldwide. Women earn more than $10 trillion every year, which is expected to grow by $5 trillion over the next several years. Investing in women is an important strategy for job creation and economic growth, which many have recognized. Yet, the pool of talented women is still underutilized, underpaid and underrepresented in business and society. LEW PRESENTATION2

3. Inclusion Of Women In A Country’s Economy Is Essential To Future Growth A Goldman Sachs report shows how a reduction in barriers to female labor force participation would increase America’s GDP by 9 percent. It would increase the Eurozone’s GDP by 13 percent and Japan’s GDP by 16 percent. LEW PRESENTATION3

4. American Women Significant Contribution to U.S. Economy In 1970, 41% of women were working either full- or part-time, accounting for 38% of total workers in the U.S.; 56% of women are working and women make up 47% of all workers in the U.S. If no additional women had joined the paid economy since 1970, U.S. GDP would be 75% of its current size ($11T v $15T). Source: McKinsey and Company, April 2011; U.S. Department of Commerce, ESA: “Women in America” March 2011 Women’s salaries are playing a more critical role at home In 2008, 62 percent of married families were dual income households with the mother as the primary or co-breadwinner. LEW PRESENTATION4

5. U.S. Has Active Women Entrepreneurs Women Owned Businesses today account for nearly $3 trillion in total economic impact and their influence is expected to grow. In 2007, at least 7.8 million businesses were majority owned by women – that’s nearly 3 out of ten non-farm businesses. Women Owned Businesses created or maintained 23 million jobs. That’s more than the population of about 180 nations around the world including New Zealand, the Netherlands and Ireland combined. Source: http://www.womenonbusiness.com; U.S. Small Business Administrationhttp://www.womenonbusiness.com LEW PRESENTATION5

6. Economic Impact Of U.S. Women Owned Businesses Compared To Other Countries’ GDP Economy Annual GDP/Economic Impact United States$15.6 Trillion European Union$14.8 Trillion China$10 Trillion Japan$4.3 Trillion India$4 Trillion Germany$2.9 Trillion U.S. Women Owned Businesses $2.8 Trillion Russia$2.2 Trillion United Kingdom$2.1 Trillion Brazil$2.1 Trillion http://www.womenonbusiness.com6

7. Gaining Ground 20.1% increase in Women Owned Businesses from 2002 through 2007 compared to 5.4% of Men Owned Businesses during the same time. During the recession, from 2007 to 2009, Women Owned Businesses created 500,000 net new jobs while Men Owned Businesses lost thousands of jobs. Women Owned Businesses will create 1/3 of the 15.3 million new jobs by 2018. Source: U.S. Small Business Administration LEW PRESENTATION7

8. Four Key Barriers To Women Entrepreneurs – San Francisco Declaration http://fpc.state.gov/172626.htm http://fpc.state.gov/172626.htm Access to Capital Access to Markets Capacity and Skills Building; and Women’s Leadership LEW PRESENTATION8

9. How Does the Obama Administration Support Women Owned Businesses And Small Businesses? Access to Capital Through 1,000 partner banks – U.S. Small Business Administration (SBA) Loan Guarantees. – Nearly $62 billion in loans to small businesses since 2009 – costing USG $1.3 billion. – Almost $9 billion to women owned businesses – over 17,000 businesses. Innovation Fund - $1 billion Impact Fund - $1 billion LEW PRESENTATION9

10. Training And Skills Building SBA has 110 Women Business Centers counseling more than 150,000 entrepreneurs. SBA has over 900 Small Business Development Centers across the U.S. counseling more than 1.5 million people. State Department – International Women’s Business Council. http://www.state.gov/r/pa/prs/ps/2012/01/182299.htm SBA – the National Women’s Business Council http://www.nwbc.gov http://www.nwbc.gov LEW PRESENTATION10

11. Access To Markets USG purchases over $4 billion in goods and services from women owned businesses in 2011. Billion Dollar Club –17 companies each purchase more than $1 billion annually in goods and services from women owned small businesses. Coca Cola’s “Five by Twenty” campaign will support five million women entrepreneurs worldwide by 2020. WalMart increasing goods and services bought from women owned businesses to $20 billion by 2016. LEW PRESENTATION11

12. Reducing Regulatory Barriers President Obama has implemented 17 small business tax cuts Proposed to make it easier to raise money from private markets – crowd funding Reduce regulatory burdens - create an IPO on- ramp StartUP America Legislation To see Startup America 2012 Legislative Agenda: http://www.whitehouse.gov/sites/default/files/uploads/startup_america_legislative_agenda http://www.whitehouse.gov/sites/default/files/uploads/startup_america_legislative_agenda Lilly Ledbetter Fair Pay Act – National Equal Pay Task Force – Paycheck Fairness Act – Launch a new APP! LEW PRESENTATION12

13. Promoting Women Leadership As CEOs And On Corporate Boards CountryPercent Women Gender Quota Norway34.3%Yes Canada12.5%None U.S.15.2%None - BUT New Zealand12.1%None United Kingdom 8.5%None Australia8.3%None - BUT Germany8.2%None Spain8.0%Yes Belgium6.8%Pending Netherlands4.02%Pending Italy3.4%Pending Source: Deloitte Global Center for Governance, “Women in the Boardroom: Global Perspective,” Jan 2011 13 CountryPercent Women Gender Quota Norway34.3%Yes Canada12.5%None U.S.16.1%None - BUT New Zealand12.1%None United Kingdom 8.5%None Australia8.3%None - BUT Germany8.2%None Spain8.0%Yes Belgium6.8%Pending Netherlands4.02%Pending Italy3.4%Pending

14. Biggest Success Factor Changing the culture – changing the mindset Political will of governments and the broad social support of its citizens The U.S. has a culture that encourages the spirit of entrepreneurship. – We encourage risk taking – We accept failure, and – We celebrate success LEW PRESENTATION14

15. Ginger Lew CEO, Three Oaks Investments 1045 North Utah Street Suite 512 ARLINGTON, VA 22201 tel. (703) 528-1963 mail glew@threeoaksllc.comglew@threeoaksllc.com www.threeoaksllc.com