Jun Fujimori ● Bruno Pereira ● Henrique Lino ● Tracy Cohen Reference http://www.pymnts.com/blockchain/2016/topic-tbd-loyalty-programs-blockchain-loyyal/ http://cryptpark.com/coindata/loyyal-loyyal-%E3%83%AD%E3%82%A4%E3%83%A4%E3%83%AB/ Jun Fujimori ● Bruno Pereira ● Henrique Lino ● Tracy Cohen

$50Bn1 Loyalty Market Challenges CHALLENGES TODAY TOMORROW Expensive, time-intensive back-end based on file transfers Blockchain = lower-cost system to implement + real-time transfers Companies High-profile fraud (travel industry) Improved security and ability to deal with fraud Reference http://www.pymnts.com/blockchain/2016/topic-tbd-loyalty-programs-blockchain-loyyal/ http://cryptpark.com/coindata/loyyal-loyyal-%E3%83%AD%E3%82%A4%E3%83%A4%E3%83%AB/ Consumers Limited customer choice Open customer-centric environment Notes: 1Combined loyalty points balances worth close to $50Bn in 2010, Pando.com; 2Challenges based on interview with Loyyal Co-founder Sean Dennis

Loyyal’s Value Proposition LOYYAL CORE CAPABILITIES EXAMPLE USE CASES Personalized rewards Split liability Multi-branded programs Fraud prevention Peer to peer sharing Instant earn/redeem Longtail engagement Exchange portal Micro-transactions Distributed trust Common ledger Program scalability Dynamic & Personalized Multi-branded programs Branded tokens Smart contracts Token tree Real time interoperability Liability Management

Loyyal’s Technology (based on Etherium) Distributed Ledger Environment API Smart Contract System SCS Distributed Virtual Machine DVM Distributed Ledger Network DLN Patent pending technology Value distribution algorithm abstracted away from DLN Modular “future proof” protocol Personal and Private information never shared Permissioned for KYC/CTF/AML

Team, Customers, and Partners Founded in 2014 Currently in Series A - Raised US$1.5 million (Investors are not disclosed) in 2016 Well rounded team – 2 Serial entrepreneurs, 3 Marketing, 4 MBAs, 8 Tech specialists. Strong board members – 5 CEOs related to Blockchain/Fintech, 1 legal professional, etc. Team Engaging with major banks, airlines, hotels, healthcare – US, Europe, Asia, ME, Latam Currently, Loyyal has over 40 new prospects Customers Base Reference http://www.pymnts.com/blockchain/2016/topic-tbd-loyalty-programs-blockchain-loyyal/ http://cryptpark.com/coindata/loyyal-loyyal-%E3%83%AD%E3%82%A4%E3%83%A4%E3%83%AB/ Unilever: Provides both financial and consulting supports. Loyyal can conduct prototype tests by using Unilever’s global products. IBM: Creating an open source global ecosystem of blockchain, and Loyyal is one of the participants. Dubai: “Dubai points” with Loyyal, which are given to travelers based on their leisure experience. Deloitte, PWC, and many others. Partners

We believe Loyyal will be successful Verdict: Successful Likely acquisition by a third party, such as IBM or Deloitte Strengths: Team, leading technology already promoted by influential 3rd parties, high- potential emerging market, paying customers Risks: business model, implementation A lot of potential for this technology in this market, given current gaps/issues presented by XXX. Therefore, we believe the company will be successful and, in 3-5 years will be acquired by a third party, service provider, such as IBM, Deloitte. Why successful? Experienced team, operating with a great technology in a high-potential, developed market. The business model is the deal break, because it will depend on the main players in the market to accept another player in this value chain. It’s very likely that they will be successful, given that there are many gaps and opportunities to be exploited. They come to facilitate and boost business for the current big names in the loyalty market. Why acquired? Eventually this business will require a lots of investments: human capital for business development, and capex for datacenter/IT. The payments networks, hotels, are competing against each other, so if one player build this platform, other players are less likely to join it and will build their own platform. That’s why we believe IBM, Deloitte, PWC, as third parties, service providers, have more incentives to buy it and supply all market players equally. Now we open for questions.