Strategic Options for TRANSFERWISEFIA Consulting's Future Growth

TRANSFERWISE FIA Consulting Alex Nicholas Rodrigo Vanessa

Agenda Executive Summary Market Analysis Alternatives Recommendation Implementation Risks Financial

Executive Summary ?$ ?$ Blockchain Technology will change all the financial transactions TRANSF Provided customers new channels and options for transferring money Inefficiencies in the money transfer ecosystem orm erWise

Market Analysis Speed of transactions; Innovation technology; High Fee comparing with competitors. Customer trust & Satisfaction rate. Main competitor is Wester Union; Compliance differences in each country. Presence in affordable markets; Trustable by investors

Alternatives 1 1 - - Focus on Transfer Business: Continue improving Focus on Transfer Business: Continue improving your transfer model over technology optimization your transfer model over technology optimization Under your current comfort zone and could bring some improvements. Your model still depends on banks and blockchain threat continues

Alternatives 2 2 Sell to another one: Prepare the company to Sell to another one: Prepare the company to be sold to a competitor or a bank: be sold to a competitor or a bank: Recover part of the investment The prize will be much less than a fair value

Your Path to continue in the game 3 3 Became a 100% Digital Bank: Complement your portfolio Became a 100% Digital Bank: Complement your portfolio of services opening gradually additional digital banking of services opening gradually additional digital banking services services Customer fidelity; Additional Revenue streams; Reduce the blockchain threat. Complexity to implement; Requires Funding.

Analysis of Alternatives Alternatives Transfer Business Sell out Digital Bank Long Term Returns Expansion Long Term: Long Term: Resilience of your model to support the environment changes Returns: Returns: Capacity to generate revenue and profit for shareholders Expansion: Expansion: How easy you can expand globally

BankWise Your digital bank where you can have access to convenience and friendly digital services Banking Account Credit Card Loan & Credit Insurance Broker Investment Platform Crypto Currency Money Transfer

BankWise Born prepared for Blockchain Technology; Enhanced biometrics with double factor authentications such as face, iris, fingerprints; Modular Technology that can be easily escalated and distributed base on cloud and global flexible infrastructure; A Fintech approach, lean, efficient and strongly based on technology

BankWise Prepared for GDPR, SOX, Basileia, ISO 27001, and main governance and security standards; Agreements with ATM network operators for the market where we transact; Apple Pay, Android Pay, Samsung Pay, PayPal; In Summary, a Digital, secure, and trustable platform to support the Business Expansion

Execution Plan Short Term Boost current Business Boost current Business Marketing - Immediately to 24 months Campaign 100% Digital Social Medias Contract with Local Influencers (Wealthy Trusted Trusted) Mexico, India and Philippines Expand same campaign same campaign to others Emerging Markets to increase Revenue New Approach New Approach aiming small and medium investors (Strong Currency) Social Medias Wealthy and

Execution Plan Long Run Becoming an Online Bank 2020 to 2022 Contract Specialized Consultancy in Local Compliance Creation of a Compliance Unit Compliance Unit - 2020 Digital Platform creation for banking services to be offered: Credit Card, Loan, Insurance broker, investment, Cryptocurrency Legal Legal Certifications and Authorizations Establishment in India, USA and UK 2021 Establishment in Mexico and Philippines 2022 Marketing Campaign to launch BankWise services: Both Digital and TV

Implementation Plan 2019 2020 2021 2022 2023 Budget $15.00 $5.00 $10.00 Business Boosting Cration of Trust and Investor Campaigns Contract with Celebrities Sign off Launch of Trust Campaign Launch of Investor Campaign BankWise Investment and creation of new platform Contract with Compliance Consultancy Legal certifications and authorizations Creation of our Compliance Unit Establishment in India, USA and UK Launch of BankWise Campaign Digital and TV Establishment in Mexico and Phillipines Launch of BankWise Campaign Digital and TV $462.00 $55.00 $5.00 $10.00 $10.00 $225.00 $10.00 $137.00 $10.00 $477.00 Total Investment

As any plan, we have some risks Do not raise Capital Probability Probability: Medium Impact Impact: High Mitigation Plan Mitigation Plan: Sell the Company Delay on authorization policies Probability Probability: Low Impact Impact: High Mitigation Plan Mitigation Plan: Lobby with Government Target other similar market

Our aggressive plan is to reach $1.1 Bi in Revenues by 2025 Revenue ($ Mio) 1200 1109 1109 1000 907 808 800 695 563 600 400 340 227 151 151 200 97 48 0 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025

The main driver of this growth will be Bankwise 75% from 75% from banking in banking in 2025 2025 Net Revenue ($ Mio) 1109 1109 1200 1000 800 563 563 600 600 600 420 420 300 300 200 200 100 100 400 200 400 380 350 300 280 0 2021 2022 2023 2024 2025 Transferwise Transferwise Loans / Credit Loans / Credit Credit Card Credit Card Insurance Insurance Investment Plataform Investment Plataform Crypto currencie Crypto currencie

Breakdown from 2018 to 2025 Net Revenue Contribution ($ Mio) Net Revenue Contribution ($ Mio) 14 14 1,109 1,109 55 55 66 66 94 94 129 129 600 600 151 151 2018 2018 2025 2025 Investm Investm ents ents Transfer Transfer wise wise Credit Credit Card Card Insuran Insuran ce ce Crypto Crypto Loans Loans

We will be much more diversified in 2025 2018: $151 Mio 2018: $151 Mio 2025: $1,109 Mio 2025: $1,109 Mio Revenue (%) Revenue (%) 1% 1% 6%5% 5% 6% 25% 25% 9% 9% 54% 54% Transferwise Credit Card Investment Plataform Loans / Credit Insurance Crypto currencie Transferwise

To make it happen we need to invest $447 Mio until 2025 Investments ($ Mio) 377 377 400 350 300 250 200 150 100 70 70 50 0 Operational Expenses CAPEX

Then the key issue is to raise $10 bi until 2025 Capital Raised ($ Bi) Capital Raised ($Bi) 2.5 PE PE Convertible Convertible Debentures (9%) Debentures (9%) 10 10 Bank Loan (8%) Bank Loan (8%) 2.0 2.0 2.0 2.0 2.0 2.0 2.0 3 3 Convertible Convertible Debentures (9%) Debentures (9%) 1.5 Bonds (8%) Bonds (8%) 2 2 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 3 3 1.0 2 2 0.5 Bonds Bank Loand Debentures Stocks 0.0 2019 2020 2021 2022 2023 2024 2025

This path will lead us to a big Net Income result Net Income ($ Mio) 359 359 400 350 300 237 228 250 195 200 150 93 100 50 8 8 27 50 10 0 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025 -50 -33 -100

This path will lead us to a big Net Income result Net Income ($ Mio) 359 359 400 350 2.3 Bi of 2.3 Bi of own capital own capital 300 237 228 250 195 200 150 93 100 ROE: 15.1% ROE: 15.1% 50 8 8 27 50 10 0 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025 -50 -33 -100

Strong financial position in 2025 Top line growth Net income $359 Mio Return for investors

Strong financial position in 2025 Top line growth Net income $359 Mio Time for an IPO Return for investors

Conclusion 15% 15% Return Return Achieve Financial Results Transform the company in a Digital Bank Transfer Money efficiently TRANSF orm erWise

MERCI / THANK YOU MERCI / THANK YOU