1. Trade Finance – an evolutionary time Rapidly changing environment is driving the development of new electronic platforms  Globalization of business & movement to treasury centralization to drive efficiencies  Move from Commercial Letters of Credit to Open Account  Increased regulatory scrutiny Sarbanes – Oxley; USA Partiot Act; AML requirements  Drive for streamining of Global Supply Chain management Increased number of bank relationships & subsidiary activity results in less control over treasury management  Multiple interfaces / connectivity to various electronic banking systems Investment in new technolgy is a constant priority for corporates & banks  Greater integration, flexibility & efficiencies across systems & operations

2. Banks and corporates embark on the same objectives to optimize trade processesing … increase process efficiency and security reduction of costs through improved process efficiency and increase of STP (straight-through-processing) lower operational risks due to reduction of manual processing complete audit trails for monitoring of all process steps (audit compliance, US-GAAP, SOX) integration with existing ERP/BackOffice Systems

3. … but follow different concepts low high banks preferences customers preferences proprietary Bank applications (one-to-many concept) Multibank /- participant platform (many-to-one concept) external communication gateways (e.g. Propriatary networks, DTA, secure email etc.)

4. Proprietary bank systems (one-to-many concept) Bank Client Bank view high level of BackEnd integration highest STP-ratio possible high level of customer retention Customer view use of various bank portals data is hosted on various external resources – difficult to consolidate no customization no ERP/ Back-Office intergration

5. External communication gateways (e.g. Proprietary networks, DTA, secure email etc.) Corporate Bank A Bank B Corporate Service Provider A Service Provider C Service Provider B Bank view BackEnd integration needed separately for each message format use of network results in additional cost low STP-ratio if not integrated into BackEnd systems data transmission via web requires PKI agreements Customer view separate BackEnd application needed use of network result in additional cost ERP/ Back-Office intergration is cost intensive the concept of data exchange via external networks leads to multiple identical data sets data transmission requires PKI agreements

6. Multi bank/participant Platform (many-to-one concept) Corporate Bank 1…n customs carrier supplier buyer insurer Customer view one data source customization possible easy ERP/ BackOffice integration complete audit trail all participants in a transaction can be involved Bank view no participation fees BackEnd integration can be staged (depending on the number of customer applications)

7. insurances banks chambers of commerce freight forwards carriers surveyors logistics procurementproduction salesfinance/treasury entity 1... nsubsidiaries All process participants interact on one web-based true multi-bank and multi-entity process platform: @Global Trade “Corporate centric multi-bank system“ Improves visibility, monitoring and control for Treasury

8. Case Study: Standby LC/Guaranee Issuance Solution

9. Case Study: Standby LC/Guarantee Issuance Challenges Initial Situation Management of L/G is decentralized and handled independently by each subsidiary L/G exposure with 47 banks (applied by 52 subsidiaries) Reconciliation of L/G data and settlement of fees is time consuming and prone to errors Central treasury has to monitor the terms and the availability of L/G facilities and the allocation of business to the banks Key Objectives Harmonisation of documentation and saving of L/G commissions Improvement of transparency and avoidance of discrepancies between banks' and EADS' records Preserve flexibility for subsidiaries but enforce standard policies Improve efficiency Achieve a better diversification of business allocation between the banks High and quick acceptance of the new solution by subsidiaries and banks

10. Case Study: Standby LC/Guarantee Issuance Solution EADS N.V. 38 Subsidiaries 25 Banks L/G Agent 25 identical Bilateral Facility Agreements Co-ordination Agreement Sub-Limits / Guarantees EADS successfully arranged a new L/G Umbrella (existing exposure was rolled in) with 25 identical bilateral L/G facilities that were allocated in a quantity tender. EADS appointed HVB as a service provider to 25 banks and 38 EADS subsidiaries.

11. Case Study: Standby LC/Guarantee Issuance - Technology Bank Agent LG Issuance WWW Multi-bank WWW 38 divisions 25 banks Agent System Solution: Web-based for 24x7 availability and easy rollout to 38 EADS divisions and 25 banks Configurable workflow engine manages all authorizations incl. syndications and club deals Automatic e-mail alerts and tracers ensure compliance with response-time guarantee Integrated credit line management module automates monitoring credit utilizations Flexible transaction data model simplified conversion of the existing guarantee portfolio Billing module automates calculation and allocation of fees including previous period adjustments and multi-bank reconciliation 6 months from concept to production Substantial reduction of operational costs

12. Case Study: Export Documentary Credit and Collection Solution Automotive Manufacturer

13. Case Study: Export Documentary Credit & Collection Challenges Improve cooperation between factories, that prepare documents, and L/C department, that receives and allocates L/C advices Improve visibility of each step in the transaction process Reduce number of discrepancies in the presentation Improve efficiency by automating transfer of L/C information into invoicing system and relevant product information into the @GlobalTrade system for preparation of documents Allow L/C department to electronically pre-check L/Cs with banks Enhance straight through processing through enablement of foreign banks to send export L/C messages electronically

14. Case Study: Export Documentary Credit & Collection Solution L/C Department e-Advices Presentations Payments Instructions and Documents Domestic and Foreign Banks Logistics Providers Electronic Delivery of export L/C messages Financial release and cooperation between the L/C Department and Factories L/C department can assist factories regarding issuing compliant documents Logistic providers can be connected to the platform and exchange electronic documents with the L/C Department, Factories and others Global visibility and real time reporting

15. Case Study: Export Documentary Credit & Collection - Technology WWW Collection Module L/C Department Factories Export System ERP Interface SAP AR Interface Electronic Banking Presentation Information L/C Info Vehicles & Parts Data Global Ordering SAP Financials Export L/C Module Shipping Forwarding & Insurance Companies Web-based L/C and Collection management system for easy world-wide roll-out to factories, 3 rd party document providers and banks Improved efficiency and reduced discrepancies by automating transfer of: L/C information into corporate’s ERP system(s) Relevant product information from the invoicing system into document preparation instructions L/C and collection presentation information into accounts receivable system for reconciliation of incoming payments

16. About GTC GTC’s @GlobalTrade technology helps buyers, sellers, traders, and financial institutions communicate faster and more efficiently to free up working capital, realize cost savings, reduce risks and improve monitoring and control Our customers are  corporations that need consolidated access to multiple banks and logistic providers  banks that require supply chain finance solutions to meet their clients’ needs Our Expertise is in multi-bank financial supply chain systems where the corporate drives the business process Best Independent Trade Platform/System Provider for 2005, 2006 and 2007 by Euromoney’s Trade Finance Magazine 2006 Canada’s 10th Fastest Growing Company by Profit Magazine 2005 2006 2007

17. @GlobalTrade Platform Collaboration Progress Monitoring ERP Interfaces Credit Limit Monitoring Multi-Office Management Workflow Document Generation Billing User-Defined Reporting Archiving Back-office and ERP Systems Data & Access Security Data Mapping Multi-Bank and Logistics Connectivity Bank Internet Open Account Financing Standby LC/Guarantee Receipt Export LC / Collection Custom Built Systems Standby LC/Guarantee Issuance Import LC / Collection Global Trade Management Systems Internet TSP Business & Network Modules web-based for global connectivity and quick deployment interfaces to internal and external systems modular architecture for Global Trade Management product systems can be installed internally, at a managed hosting provider or offered as an ASP system

18. Contact Information Jacob Katsman GlobalTrade Corporation katsman@globaltradecorp.com Tel: +1 416 661 8520 www.globaltradecorp.com