Investor Relations Nov,

1 Disclaimer This presentation is for the convenience of investors and future prospects of the company and has been prepared as an informative guide that might assist interested parties in gaining an insight into the financial status of the company. In this context, any opinions expressed within this document, regarding the company's potential future performance, should be viewed as being accurate at the time of preparation. However, cognizance should be taken of the fact that uncertainty may dictate that actual performance differs substantially from any views articulated herein.

Danal Business 2 Simple and Fast Widely adoptable Universal payment flow 80+ Direct Connections to major Mobile Operators Various carrier partnerships Global payments network Smart e-wallet solution Covers 12,000+ stores Compatible with various platforms/POS (Online) Mobile Payments (Online) Mobile Payments (Offline) Barcode Payments (Offline) Barcode Payments Global Business IPN (International Payment Network) Danal Business 2

Changes in the Domestic Mobile Payment Market Domestic Business Danal’s Transaction Amount Breakdown Market Share by Payment Type (Units : USD Million, 1USD=1100 KRW) 3 * Domestic corporate communications services market and sector-specific market outlook (KRG, 2014)

4 Danal’s Monthly Transaction Amount Danal's Transaction Amount per transaction (ARPU) (Units : USD Million, 1USD=1100 KRW) (Units : USD, 1USD=1100 KRW) Domestic Business 4 Important Merchant [Digital] [Tangible]

Domestic Online Mobile Payments [Basic] 1 Time Registration [Simple] Online Moblie Payment 5

BarTong Offline Barcode Payment 6 Account Setup Input PIN Select Payment Generate Barcode “You can setup various payment backends to BarTong so that you can customize the way you make payments” Credit card Bank Transfer Mobile Payment Mobile Payment ■ BarTong is an offline mobile payment solution that utilizes barcode technology. With a simple barcode, you can make payments at any of our preferred merchants and partners. (BarTong utilizes the merchant’s existing barcode scanner. Even without a scanner, the barcode number can be manually input into the POS to complete the purchase)

BarTong Partners & Services Offline Barcode Payment 7 CU / 7-11 / BuyTheWay as well as over 18,000+ stores Expansion into large department stores and other tourist hotspots

Offline Payments (Barcode) BarTong Bank Wallet Kakao Jeju BarTong WeChat Pay Barcode Technology (incl. Carrier Billing, Credit Card, Bank) Simple and fast one-time barcode generation Topup your Kakao Bank Wallet account first (Prepaid) Through Android’s widgets, offline payments made possible Barcode payments made available at all tourist destinations Mobile discounts available at tourist destinations (Mobile, Prepaid, Credit Card) Using Tencent’s WeChat barcode application, tourists can make purchases at any of our BarTong partner’s locations including convenient stores and tourist destinations Offline Barcode Payment 8

Danal’s US Subsidiary (BilltoMobile) Global Business Danal’s US Subsidiary Transaction Amount Dec 2006 DANAL Inc established May 2009 Verizon launches with BilltoMobile Oct 2010 AT&T launches with BilltoMobile Feb Sprint launches with BilltoMobile Aug 2011 T-Mobile signs with BilltoMobile 9 Expansion Strategy (Unit : USD)

10 Diversified Business & Product Portfolio Global Business 10 1.Mobile Network Authentication 2.Subscriber Data Match 3.Device Account Attributes 4.Phone Location 5.Payments 6.Autofill 7.Offline Payment 1.Mobile Network Authentication 2.Subscriber Data Match 3.Device Account Attributes 4.Phone Location 5.Payments 6.Autofill 7.Offline Payment 2014 March - Partnership with Billeo 2014 August - Partnership with Locaid 2014 November - Partnership with Western Union 2015 May - Partnership with Level up (officially launches Mobile Authentication) 2015 Jun - Partnership with Orange Mobile 2015 Aug - Partnership with Equicax (consumer credit reporting agency in the United States)

11 Danal US’ Mobile Authentication and Autofill Appendix 11

Direct Mobile Billing Coverage Reseller & End Merchant Regular Merchant Global Business 12

Appendix

Local Online Payment Services 14 Local Offline/Store Payment Services Overseas Online Payment Services Overseas Offline/Store Payment Services *Direct Carrier Billing Make purchases directly through your mobile operator’s bill. *Bank Wallet Kakao Korea’s homegrown eWallet payment systems that allows P2P payment services locally. *Smart Pay Services Korea’s homegrown eWallet payment systems are now making payments more convenient. *Alipay Alipay is a third-party online payment solution in China. Alipay provides an escrow payment service that reduces transaction risk for online consumers. *PayPal PayPal is an online money transfers service that acts as an electronic alternative to traditional paper methods like checks and money orders. *Tenpay An integrated payment platform launched by Tencent to meet the needs of its 1.1 billion QQ users, is one of China’s leading online payment platform. *LoopPay LoopPay’s Magnetic Secure Transmission™ (MST) technology turns in- store payment terminals where you normally swipe a credit card into contactless readers. *NFC Payments NFC Card emulation mode enables NFC- enabled devices such as smartphones to act like smart cards, allowing users to perform transactions such as payments. *Card Reader Payment Service Companies like PayPal Here, Square, Intuit now make it possible to create a portable, mobile POS system for your business. *NFC Payments You can tap and pay with your compatible NFC device at thousands of merchants that accept contactless payments. *Barcode Payments (Danal’s BarTong, Mobilians M-Tic) By utilizing a merchant’s existing POS system and barcode scanner, we can make use of one-time barcodes to make payments in stores.

 New purchase flow requires less steps than conventional payment methods, providing a more convenient method of payment whilst retaining the same security as before  No separate application required / User is not required to input a PIN or Passcode Subsequent Usage First time usage SMS Authentication [Enter Info → Verify Info] Minimal User Interaction Input Info & Agree to T&CVerify Info & Agree to T&C Complete A New Convenient Online Mobile Payment Service Appendix 15 Complete

Biometric Authentication (bioMe) - Confirmation of purchase shown to user with SMS and/or confirmation depending on setup. - Review the product and select BioMe as the payment option. - Within 30 seconds (default), complete the next steps to confirm your purchase ****** * *** * ****** * *** * ****** * *** * 2. Check Details3. Scan Finger4. Complete Payment - Authentication and authorize payment by scanning your fingerprint using the phone’s biometric fingerprint scanner. * Reinstallation required after 3 failed login attempts. 1. Select Payment [PC] [Mobile] Appendix 16

17 Danal US Mobile Payment Service After selecting the product, enter your Mobile Number, Billing ZIP Code. 2. A random 4-6 digit PIN code will be sent to your mobile device. Enter the PIN code into the payment page. 3. After successfully completing the payment process, we will send a confirmation SMS confirming your purchase. Appendix 17

Ownership Structure – Danal Co., Ltd Ownership Structure – Danal Inc. * Based on information Appendix 18 Danal Subsidiaries / Company Ownership (Units : USD Thousand, 1USD=1100 KRW) Company NameOwnershipCore Business Q (Sales / Operating Income) Notes DANAL INC. 60.2%Danal US / Billtomobile1,989 △ 4,035 Danal Information Technology Co.,Ltd. DANAL LTD 100%Danal China Business155 △ 432 DANAL CS&F BV 50%Danal Europe378 △ 127 Danal International 80%Clothing distribution, Retail2,318215

Appendix Revenue (*2011FY-2014FY : K-IFRS) Payment Revenue (*2011FY-2014FY : K-IFRS) Revenue & Profit (*2011FY-2014FY : K-IFRS) * As of , the content division has been spun-off (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) Profit (*2011FY-2014FY : K-IFRS) 19

요약 재무제표 (K-GAAP 기준 ) Financial Statement (K-IFRS Separate) Separate Financial Statement2013FY2014FY2015.3Q Assets Cash & Cashable Assets Short-term Funds Other Current Assets Non-current Assets Tangible Assets Intangible Assets Other Non-current Assets Total Assets Current Liabilities Non-Current Liabilities Total Liabilities Capital Paid-in Capital Other Capital Components(0.623)(0.723) Accumulated Earnings Total Ownership Interest Separate Income Statement2013FY2014FY2015.3Q Operating Revenue Operating Costs Operating Profit Gain on sale of investments(4.730)(7.022)(5.285) Investment Income Investment Cost Non-operating Revenue Non-operating Costs Income before Taxes Income Tax Expense Net Income(1.615) Earnings Per Share (1USD)(0.055) Appendix (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) 20

요약 재무제표 (K-GAAP 기준 ) Financial Statement (K-IFRS Consolidated) Consolidated Financial Statement2013FY2014FY2015.3Q Current Assets Cash & Cashable Assets Short-term Funds Other Current Assets Non-current Assets Tangible Assets Intangible Assets Other Non-current Assets Total Assets Current Liabilities Noncurrent Liabilities Total Liabilities Shared owned by Dominant Firm Capital Paid-in Capital Other Capital Components Accumulated Earnings Non-Controlling Interests(5.115)(6.751)(8.710) Total Shareholders' Equity Consolidated Income Statement2013FY2014FY2015.3Q Operating Revenue Operating Costs Operating Profit (0.183) Gain on sale of investments (Subsidiary) Loss on sale of investments in associates Loss on valuation of equity method invest ments Investment Income Investment Cost Non-operating Income Non-operating Costs Income before Taxes Income Tax Expense (0.217) Net Income Equity holders of the Parent Company profit and loss Non-controlling interest in income(2.523)(2.258)(1.797) Earnings Per Share (1USD) Appendix (Units : USD Million, 1USD=1100 KRW) (Units : USD Million, 1USD=1100 KRW) 21