TransferWise FIA Consulting Alex Nicholas Rodrigo Vanessa

Agenda Executive Summary Market Analysis Alternatives Recommendation Implementation Risks Financial

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

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

Alternatives 1 - Focus on Transfer Business: Continue improving 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 Recover part of the investment 2 – Sell to another one: Prepare the company to 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 – Became a 100% Digital Bank: Complement your portfolio of services opening gradually additional digital banking services Customer fidelity; Additional Revenue streams; Reduce the blockchain threat. Complexity to implement; Requires Funding.

Analysis of Alternatives Long Term: Resilience of your model to support the environment changes Returns: Capacity to generate revenue and profit for shareholders 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 Campaign 100% Digital – Social Medias Contract with Local Influencers (Wealthy and Trusted) Mexico, India and Philippines Expand same campaign to others Emerging Markets to increase Revenue New Approach aiming small and medium investors – (Strong Currency) Marketing - Immediately to 24 months

Execution Plan – Long Run Contract Specialized Consultancy in Local Compliance Creation of a Compliance Unit - 2020 Digital Platform creation for banking services to be offered: Credit Card, Loan, Insurance broker, investment, Cryptocurrency 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 Becoming an Online Bank – 2020 to 2022

Implementation Plan

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

Our aggressive plan is to reach $1.1 Bi in Revenues by 2025

The main driver of this growth will be Bankwise 75% from banking in 2025 1109 563

Net Revenue Contribution ($ Mio) Breakdown from 2018 to 2025 Net Revenue Contribution ($ Mio) 14 1,109 55 66 94 129 600 151 2018 Loans Transferwise Credit Card Insurance Investments Crypto 2025

We will be much more diversified in 2025 2018: $151 Mio 2025: $1,109 Mio

To make it happen we need to invest $447 Mio until 2025

Then the key issue is to raise $10 bi until 2025

This path will lead us to a big Net Income result

This path will lead us to a big Net Income result 2.3 Bi of own capital ROE: 15.1%

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 Return for investors Time for an IPO

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

MERCI / THANK YOU