Rural Banks Partnership

Who is TrueMoney?

TrueMoney – Southeast Asia’s largest FinTech company Agent Network PHILIPPINES INDONESIA VIETNAM CAMBODIA THAILAND MYANMAR ~5,000+ Thailand’s largest conglomerate World’s largest mobile and online payment platform ~6,000+ ~5,000+ ~10,000+ ~18,000 Leading provider of innovative payments and financial services in Southeast Asia Expanded to 6 emerging markets across SEA in just a span of 2 years ~15,000 Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

Payments and Financial Services TrueMoney is owned by the CP Group (Charoen Pokphand), one of the largest conglomerates in the world, with decades of experience in building high-impact and sustainable businesses One of the largest companies in Asia 2016 Revenues: USD 45 Bn Has operations in 100+ territories Payments and Financial Services Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

The journey towards more accessible financial services for every Filipino Acquired first 1,000 TMN Agents Launched Domestic Remittance Reached 1 million unique customers Grew to nearly 10,000 TMN Agents & 2.5Mn transacting customers Oct 2016 June 2017 Aug 2017 Q1 2018 June 2016 Dec 2016 Dec 2017 Grew Payout to 150 client companies & nearly 50K wallets TMN began operations in PH & established its local Board TMN E-Money License from BSP Launched TrueMoney Payout (B2B) Acquired nearly 7,000 TMN Agents Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved. Reached 5,000 agent networks nationwide

True Money Agents in Batangas: 991 Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

OUR MISSION To enable every Filipino to have access to innovative financial services which lead to better lives

The Philippines has significant underserved segments… Very low banking + credit card penetration High cost of financial services + access problem 40% of PH municipalities without physical access to a bank 75% 20% 10-15% Do NOT have bank accounts Average interest rate/week of informal lenders in communities Cost to send money from Western Union 97% 97% 80% Do not have insurance/ live with risks 98% Have not gotten a loan from a formal financial institution of Filipinos do not have credit cards Of retail transactions are still cash-based Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

…and financial services are NOT made convenient & affordable to every Filipino

LACK OF ACCESS has a solution that is Due to the LACK OF ACCESS to financial services, many people have limited opportunities to grow has a solution that is simple, secure, reliable, and easy to implement.

Customers Services Platform TrueMoney is the financial life platform connecting the base of underserved sectors with innovative financial services Customers Services Telco Under-banked Payments Platform Un-banked Money transfer Technology Data Analytics Trust & Security Network Lending Digital customers Insurance Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

The Opportunity in Domestic & International Remittance

Projection of the Domestic Remittance Market (in billions PHP) As the domestic remittance market is poised to grow by 18% in 2019, customers will need accessibility to more channels for money transfer Projection of the Domestic Remittance Market (in billions PHP) Growth Drivers 1 Migration to urban cities for better opportunities 2 Emergence of Financial Service Providers (FSPs) 3 Growth of OFW remittances Source: Bangko Sentral ng Pilipinas, Ken Research, TMN Estimates Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

Why partner with TrueMoney?

We are now close to ~20,000 agent networks, spread across 8 regions in the Philippines serving 4 million unique customers since 2016 Services Available for telco networks Including gaming credits and other prepaid services With over 150 ++ national and regional billers Domestic Remittance International Remittance Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

No need for internet connectivity! Aside from our wide network, our unique advantage is our TrueMoney POS Terminal technology No need for internet connectivity! And thermal rolls are free of charge! Duplication or distribution without legal consent from TrueMoney is prohibited and may result in repercussions. © TrueMoney Co., Ltd. All rights reserved.

Money Padala Promo

CURRENT RURAL BANK PARTNERS Rural Bank of Guinobatan RNG Coastal Bank Banco Maximo Banco Rural De Isla Cordova Frontier Rural Bank Cooperative Bank of La Union Bangko Kabayan Rural Bank of Mandaue Rural Bank of Agoo

NEXT STEPS

Product Training / Deployment of Sales Team Partnership launch Next Steps for Rural Banks: Fill-out and sign the Mutual Non-Disclosure Agreement, then send to True Money c/o Rene Laja Complete the list of documentary requirements and send scanned copies via e-mail (rene.laj@truemoney.com.ph) Accomplish and sign all the True Money Forms including the Contract Agreement Contract signing Product Training / Deployment of Sales Team Partnership launch

PARTNERSHIP REQUIREMENTS

General Information Sheet Articles of Incorporation List of Documentary Requirements for submission: General Information Sheet Articles of Incorporation SEC CERT of Registration By Laws Corporate Secretary’s Certificate or Board Resolution for Authorized Signatory (notarized) ID(s) of Authorized Signatory Latest Mayor’s Permit BSP Notice of No Objection (pro forma document to be sent by TrueMoney)

List of Forms for SINGLE BRANCH APPLICATION: TrueMoney Application Form TrueMoney Agreement TrueMoney Assessment Form AML Questionnaire List of Forms for MULTIPLE BRANCH APPLICATION: TrueMoney Application Form TrueMoney Agreement Branch Information Form Portal Access Form TrueMoney Assessment Form AML Questionnaire

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