Company Presentation November 2015 YOUR LOCAL HERO

Agenda About Coverage Why Bikoshu? Bikoshu Services Order Process Delivery Process Bikoshu Services at a Glance Milestones Team Contact

About Bikoshu is an online local market place that enables its users to shop localy. Bikoshu also acts as a one-stop shop for all-size retailers to sell their products online by its features; such as free e-commerce platform, white label app, delivery services and promotional activities. By its free essential e-commerce features, it targets to expand rapidly throughout Turkey and abroad. Aims to offer its customers a practical and entertaining experience for local shopping and dining. Pilot will be available in April2016 in selected regions of Istanbul.

Coverage Bikoshu mainly targets to cover Grocery Stores, Markets, Restaurants, Bakery Shops, Pastery Shops, Coffee Shops, Office Suppliers, Florists, Convenience Stores and other local retails. Bakery Shop Coffee Shop Pastry Shop Convenience Store Grocery Store Restaurant Florist To be a part of Bikoshu World, there is no prerequisities of corporate size or sector difference. All-size local retails from any sector can join Bikoshu.

Why Bikoshu? An attractive partner for local entities; Enables local entities to start e-commerce store for free. Enables restaurants and retailers to create their white-label app. Provides delivery platform via its contracted workers (“runners”) for the stores that has no delivery staff. Enables local retailers to promote their businesses online. A practical and fun solution for the urban people who are too busy to visit a store themselves; Enables customers to follow new openings as well as dining and shopping trends around their neighborhood by its user-friendly website and mobile app as well as its blog. Enables a variety of social features whilst encouraging its users to share their recommendations in the form of reviews, photos and ratings for restaurants or retailers with others. A lucrative investment for investors; Enables investors to enter a vibrant and untapped market. Bikoshu is also a scalable project in nature to be implemented globally.

Bikoshu Services Service Bikoshu Description Platform Premium Local retailers can be a part of Bikoshu platform (available on web, mobile as well as via bikoshu app) for free, if the orders will be delivered by local retailer itself, Bikoshu does not claim any fee or any commision for the orders generated via its platform (For delivery service needs please refer to Bikoshu Runner Service). Local Retails can arrange and manage orders, clients, runners, and their account itself via Bikoshu admin pages. http://www.bikoshu.com/localbiz Local retailers may also take the advantage to operate under their own domain name*. http://www.localbiz.com Premium Ad Service Bikoshu Premium Ad Service can be used by local retailers to promote their stores/shops in web based and/or mobile based Bikoshu Marketplace Platform. Runner If local retailer needs a delivery service for its orders, Bikoshu can provide a courier within the specified service region. This service is commision based which is 5% of the total order amount. Minimum order amount is 50 TL per order. Bikoshu does not claim any commission from the tip, it is the runner who claims the whole tip. Local Retail Bikoshu Runner Client 5% of total order 3% of total order Tip * Using the retailers domain name by redirecting the url

Bikoshu Services (cont.) Description Call Center Number In order to make local retailers call center enabled, Bikoshu also provides a 0850 call center number for free. Local retailers can decide to use this free call center number on their own or they can decide to benefit from Bikoshu Call Center Service described below. 0850 360 XXXX (for free) 7/24/365 Call Center Service Bikoshu call center service is a minute based service to receive and answer order calls on behalf of local retails. Since the delivery calls are higher between 11:00AM and 03:00PM, this service is beneficial for local retailers to manage the peak time slots. 0.90 TL per minute Mobile App For local retailers who would like to obtain a seperate mobile app for their store/shop, Bikoshu can also provide a White Label mobile app. This feature is enabled in Corporate Package.

Order Process Bikoshu Local Shop App Local Shop Mobile Site/ under Local Shop’s own domain name* Web Site/ under Local Shop’s own domain name* Local Shop Local Shop Call Center Local Shop Local Shop Bikoshu App Bikoshu Mobile Site Local Shop Bikoshu Web Site Local Shop Bikoshu Call Center Local Shop Local Shop Bikoshu * Using the retailers domain name by redirecting the url

Delivery Process Local Retailer uses Local Retailer uses Shop Local Shop App Local Retailer uses its own delivery. Local Shop App Local Shop Local Retailer uses a Bikoshu runner.

Bikoshu Services at a Glance Packages Basic Package Free Business Package 50 TL per month Corporate Package 75 TL per month Bikoshu Platform (includes Bikoshu web and Bikoshu App) Yes White Label App No Free Call Center Number 7/24/365 Call Center Service 1 hour free (after 1 hour 0.9 TL/minute) 3 hour free (after 3 hours 0.9 TL/minute) Other Services Pricing Scheme Premium Ad Services TBD Runner Services 5% of total order amount (depends on neighborhood) Payment Integration Services (a pricing scheme will be developed for payment solutions)

Competition

Plan Phase 1 : Learning (July 15) Learning Phase is the discussion phase of the Project where the ideas comes up and the business strategy evolves. Phase 2: Analysis (August 15 to September 15) This is the standardization phase in order to start the software development process. This is the phase where the documentation is created. Phase 3: Undertaking (October 2015) Undertaking is the phase where the business strategies are decided in broad lines. Phase 4: Development (November 15 to March 15) Both web and mobile based software development would take place. Phase 5: On The Field (April 15) The Project is ready to run. Tests be made. Pilot starts.

Milestones Bikoshu End User Web Site Bikoshu Back Office Bikoshu Mobile App (Android) White Label App (Android) Software 2 Pilot Regions (Sarıyer and Besiktas) Marketing Employ 1 Sales Person for each region Human Resources In 2-months Period; 100 local retails for Basic Package 30 local retails for Business Package (30 X 50.00TL = 1,500 TL/mth) 20 local retails for Corporate Package (20 X 75.00 TL = 1,500 TL/mth) Sales Bikoshu Mobile App (iOS) White Label App (iOS) Employ 1 Runner for each region Contract 1 Freelance Runner for each region 4 Regions will be added End of March 2016 Beginning of April 2016 End of May 2016 Beginning of June 2016 End of July 2016

Sales Targets Cumulative # of Local Retail Subscribers April ‘16 May ‘16 June ‘16 July ‘16 Basic Package : 100 200 500 800 Business Package : 30 60 150 240 Corporate Package : 20 40 160 Please note that at the end of July’16; The monthly gross revenue to be reached 24,000.00 TL. The Business Package aims to total a 12,000.00 TL revenue per month. The Corporate Package aims to total a 12,000.00 TL revenue per month. The 4-month total gross revenue aims to be 48,000.00 TL

Team Ceylan Ece Keremoğlu Murat Levent Demircan Tolga Tigin Özbilun Worked as an investment banker and private equity specialist in Garanti Securities and business development officer in Doğuş Holding, Ms. Keremoğlu has over ten years of professional experience in business development as well as deal structuring and the execution of corporate transactions. Murat Levent Demircan Levent is Assistant Professor in Galatasaray University. He teaches Investment Analysis, Project Planning and Productivity. He also brings more than a 15-year management experience in call centers, software development and service businesses to Bikoshu. Tolga Tigin Özbilun After pursued his studies in States. He founded Ankara based İkon Telekom, one of the leading telecommunication companies in Turkey. Tolga brings his strong business acumen to Bikoshu and lead the way.

Contact Web : www.bikoshu.com Email : info@bikoshu.com Call Center : 0850 360 0 RUN