1. P2P Lending and Online Market Financing

2. SMEs are critical to employment creation and economic growth. Current SME funding gap in the MENA region is at least USD$260 billion (IFC). The SME Funding Gap Critical need for alternative finance solutions to fuel growth.

3. Crowdfunding “Crowdfunding, if done properly, is the future for how most small businesses in this country are going to be financed.” Duncan Niederauer, CEO, NYSE multiple regions. “Hopefully, the growth of peer-to-peer lenders and those involved in crowd- funding will help solve the problems we have with lending for small and medium enterprises.” Andrew Haldane, Director of Financial Stability, Bank of England

4. Crowdfunding The feeling of doing good Non- monetary rewards Returns on the principal investment Ownership stake DONATIONREWARDSLENDINGEQUITY

5. Peer-to-Peer Lending 10% 15% 12% 18% 11% 13% Peer-to-peer Lending P2P lending uses the internet as a platform to reach hundreds or even thousands of potential investors (the crowd). Individuals (investors) finance businesses without the use of a conventional intermediary.

6. Access to Funding In the UAE, Cost and Access are the two main factors Cost of Funding Time to Funding UAE Lowest Advertised Average Rate: 18.45% (Excluding fees) Beehive Average Rate: 12.70% (APR) But in other markets, P2P may be the choice of funding for other reasons. In the UK, it is Access and Time (not Cost) Source: Why Businesses use P2P vs Banks

7. Peer-to-Peer Global Market Forecast Morgan Stanley Blue Paper (May 2015) Morgan Stanley estimates the market (US, UK, China and Australia only) will be $290bn by 2020 (under their base case) and could exceed $490bn - report does not address other markets

8. Problem => Solution: Beehive’s Journey EMERGING MARKET problem IT platform which creates a marketplace for investors and SMEs Proprietary credit model to enable risk assessment without credit bureaus Different SME product lines including term finance and invoice financing Sharia compliant versions of products Provides investors (conventional & sharia) with strong returns for an alternative asset class INITIAL AREA OF FOCUS WIDER PROBLEM BEEHIVE’S SOLUTION SHARIA Solutions Lacking $260Bn MENA Funding Gap

9. Beehive’s Platform (Desktop & Mobile Enabled)

10. Payment Commitment Financial Strength Revenue Growth Net Profit Repayment Cover In-house Proprietary Risk Model A Excelent B Strong C Good Risk Score Decline Higher risk products can be developed if investor appetite Total Facility Cheque Monthly Post Dated Cheques Personal Guaranties Unsecured Credit / Risk Assessment – Proprietary Model - External Verification Company Industry Industry Experience Product Mix Management Strength Market Share Peer Ranking Pricing Loans Repaid No of Arrears Delayed Payments Share Capital Related parties Flight Risk Dunn & Bradstreet Social Media Credit Agency Score 100+ Data Points

11. Beehive’s Products – All SME Focussed processing Only in the world to be SHARIA COMPLIANT certified Funding up to $300k per request BUSINESS FINANCING 6-36 month term financing Monthly capital & interest repayments INVOICE FINANCING 30-120 day financing Bullet capital & interest repayment MARKET FINANCING Up to 12 month financing Monthly repayment made via the Marketplace of capital & interest (under development)

12. Legal / Regulatory Framework (UAE) Legal Contract Follows UK Standards Contract is directly between the Investors and the Business BUSINESS Investors Beehive is not a legal party to the contract Beehive Provides: Sourcing of Investors Sourcing of Businesses Standardised legal framework agreements Risk assessment Platform for transacting Collection / Distribution of payments Bad debt collection management

13. Beehive’s UAE Partners Segregation of Client Monies Beehive Group Beehive Group DMCC Beehive Services DMCC $ $ Apex initiates all outflows from the Client Monies Account Client Monies Operational Monies Beehive is registered with the DMCC but is not regulated by them

14. Beehive Accomplishments Beehive Emerging Markets SMEs Sharia LAUNCHED November 2014 IN-HOUSE PLATFORM All IP Owned By Beehive GCC’s and UAE’s 1st Marketplace Peer-to-peer Platform FIRST & ONLY Certified Sharia Platform Worldwide Since launch Beehive has enabled over $8.6m in SME lending from 2,600 registered investors LAUNCHED IN THAILAND December 2015 (beta) NEW TERRITORIES Actively Working on 4 new countries Winner Start-up of the year 2015 Winner Entrepreneur of the year 2015 Winner UAE Innovation 2015 Winner Disruptive Entrepreneur 2016

15. Sample of businesses funded via Beehive “Beehive really understands what it means to be an SME and it felt like they were part of our team.” Prabissh Thomas CEO of PTL Solar “Beehive did a good deal of the grunt work for us. They provided us with a cheaper, quicker and more flexible loan, and as a result we saved around 30% on our financing costs.” Wadih Haddad Founder & CEO of The Box “We would strongly recommend any smart business to approach Beehive for their funding requirements.” Shahriar Khodjasteh Co-Founder & President of DDE