1. 1 -+

2. Part of the Q-Free Family 2 CORPORATE OVERVIEW

3. Global Footprint 3 Serbia UK Slovenia -Presence in 17 Countries -400+ employees -Oslo Stock Exchange (QFD) -100M USD annual revenues -Presence in 17 Countries -400+ employees -Oslo Stock Exchange (QFD) -100M USD annual revenues CORPORATE OVERVIEW

4. Vision 4 CORPORATE OVERVIEW Provide worldwide leadership in Connected Transportation through innovative ITS Products and Services

5. History in Short 5 1984Q-Free established as Micro Design 1986Contract with Norwegian Public Roads Administration 1988First free flow tolling system operational 1990Contract for Oslo Toll Cordon 19955.8 GHz system installed in Portugal 1997Establishment of the European CEN DSRC standards 1999Breakthrough in Australia and Brazil 2005Stockholm congestion tax system delivered 2008Acquisition of Dacolian and Building Capital 2009Slovakia Truck Tolling & Portugal MLFF Projects 2012Gothenburg congestion charging project Acquisition of TCS International 2013 Acquisition of ELCOM and investment in Intelight 2014 Acquisition of TDC Systems, Traffic Design, and Open Roads 1980s1990s2000s2010s CORPORATE OVERVIEW

6. 6 6 Transform real-time transportation systems management and operations with innovative software applications, scalable business solutions, and superior client service ITSD OVERVIEW SEPT 2015 Mission of ITS Division

7. Parking Management Connected Vehicle Parking Guidance Truck Parking Inter Urban Traffic Management Open Road TollingCongestion Charging Q-Free’s market leading ITS portfolio Electronic Fee Collection Urban Traffic Management 7 CORPORATE OVERVIEW  ATMS  Tolling  Parking

8. 8 8 A Pioneer in Road User Charging (tolling) CORPORATE OVERVIEW -40 Countries -19 million On-Board Units -2500 equipped lanes -40 Countries -19 million On-Board Units -2500 equipped lanes

9. 9 9 US Tolling Division CORPORATE OVERVIEW Central Florida Expressway Authority, Orlando, FL Miami-Dade Expressway Authority, Miami, FL Massachusetts Department of Transportation

10. 10 Image Based Tolling CORPORATE OVERVIEW Proven best ALPR software in independent tests Reliable country and state identification Support for various platforms Easy integration, minimal user-specific tuning required Proven best ALPR software in independent tests Reliable country and state identification Support for various platforms Easy integration, minimal user-specific tuning required

11. 11 ATMS Platform CORPORATE OVERVIEW

12. Open and Modular Architecture 12 CORPORATE OVERVIEW

13. US Freeway ATMS/ATIS Clients Statewide Condition Reporting 511 Website iPhone and Android Apps Statewide Condition Reporting 511 Website iPhone and Android Apps IDOT District 4 Regional ATMS Traveler information website IDOT District 4 Regional ATMS Traveler information website WVDOH and WV Turnpike ATMS Statewide 511 system WVDOH and WV Turnpike ATMS Statewide 511 system PennDOT Next Generation Statewide ATMS DelDOT Statewide ATMS VDOT ATMS in 4 of 5 regional TOCs Statewide Condition Reporting System Statewide Travel Time Engine Open Data Portal VDOT ATMS in 4 of 5 regional TOCs Statewide Condition Reporting System Statewide Travel Time Engine Open Data Portal 13 CORPORATE OVERVIEW

14. 14 Parking Management CORPORATE OVERVIEW

15. 15 Monitoring and Classification CORPORATE OVERVIEW

16. 16 Urban Traffic Control CORPORATE OVERVIEW

17. 17 Exclusively focused on the ATMS/ATIS marketplace History of successful partnerships Innovative technology Excellence in ITS systems integration Experienced core leadership team Competitive product licensing model Strong “On-Time and Within Budget” delivery record Value Proposition CORPORATE OVERVIEW

18. 18 http://q-city.q-free.com/ Q-City

19. Q-FREE ASA CORPORATE PRESENTATION Leading the way in road user charging and advanced transportation management 103 Watson Road Chesapeake, VA 23320 757-546-3401 www.q-free.com/openroads us.its@q-free.com CORPORATE OVERVIEW