1. ONLINE VAT REFUND SERVICE FOR ADVANTAGEOUS SHOPPING IN EUROPE

2. Tax Free 4U Ltd - the holding company, which implements Tax Free refund project in EU countries. Our companies are registered in 18 European countries. We have 25 offices all over the world. The service we provide differs with its processability and innovations. Our work scheme is the most useful for customers and partners. We have flexible and attractive financial conditions. All of our employees are working for you worldwide. About Us

3. Our offices Our countriesOur cities The U.K.London, Manchester FranceParis, Cannes ItalyMilan, Rome SpainMadrid, Marbella, Barcelona GermanyBerlin, Düsseldorf DenmarkCopenhagen Starting from 2016 AustriaVienna FinlandHelsinki CroatiaZagreb PolandWarsaw HollandAmsterdam Luxembourg IrelandDublin PortugalLisbon Czech RepublicPrague EstoniaTallinn LatviaRiga LithuaniaVilnius

5. How it works Sign up with Tax Free 4U http://taxfree4u.eu http://taxfree4u.eu Take pictures of your receipts according to purchases and upload photos to your profile at Tax Free 4U You will receive an e-mail or text message with the customs declaration number. You must submit the declaration number to the customs authority when exporting goods Tax Free 4U you will make VAT refund for the purchases to your card or bank account TaxFree4U is provided in partnership with Brand4U for non-resident of the European Union countries club members for retail products purchased during a trip to Europe VAT refund is issued in accordance with the export rules and regulation of the individual EU country The client can become of Brand4U club member and take advantage of TaxFree4U service by registering on or taxfree4u.eu brand4u.eu or through our location / Partners’ location

6. Clients are informed in advance about service usage rules. Easy to use mobile app TaxFree4U. The client can repeatedly use TaxFree4U – all history in a single profile. Instant service subscription for payments with Partner bank card on the territory of the EU. No need to wait in line for our clients during Tax Free validation Refund rates are higher and shopping costs are lower. The client receives a Tax Free not only in partner stores but also for purchase in any shop in Europe. Special offers from Brand4U (shopping network in Europe's best shops, discounts, promo conditions, bonuses). Bonus miles from airlines - partners that the client chooses for the trip to Europe. Benefits for our clients

7. Country Total amount for purchases % VAT Operator 1, amount to refund Operator 2, amount to refund TaxFree4U, amount to refund Germany1500 EUR19177,-160,-189,- France1500 EUR20180,-150,-200,- Italy1500 EUR22189,-195,-221,- Spain1500 EUR21206,-186,-210,- UK1500 GBP20195,-143,-200,- The highest VAT refund ratesfor our clients Tax Free refund to the Partner bank card within 48 hours since declaration is provided. Tax Free refund for the purchase in any European shop - VAT payer. Benefits for our clients

8. Existing schemes of customer acquisition Airport Customer Locations & Network operators Companies that already have targeted clients that use their services when travel to Europe. Taxfree4U attracts customers via its own international airport locations or with the help of the following network operators - partners: Travel agencies; Airlines; Online Portals for travel booking and ticketing; Hotel booking services; Banks. Under this scheme the existing operators promote Tax Free service among their existing customer base; through existing marketing channels (mailing, SMS, calls, direct advertising in retail outlets).

9. The proposed scheme of bank cooperation Technical implementation The Bank gains access to the agent’s personal online cabinet in TaxFree4U system. Bank operator registers the customer through the agent's cabinet to identify him as a bank client in TaxFree4U system. After launching the project, bank integrates with TaxFree4U, for automatic customer registration. Bank customer registered in the TaxFree4U application makes the purchase and Tax Free refund request. TaxFree4U shall make VAT refund to the client on his bank account or bank card. In addition TaxFree4U transfers agreed commission to the Bank.

10. The proposed scheme of bank cooperation Tax Free4U promotion cases Offering TaxFree4U service to the client after the 1 st retail transaction in Europe Bank informs the Customer via instant notification/SMS alert on TaxFree4U service when Bank’s Client has made the 1st POS transaction in retail. Client is offered to subscribe for TaxFree4U. Client is kept being notified until he has uploaded TF4U app Ensuring Bank’s clients subscriptions for TaxFree4U Active offering by staff at physical branches Customized button placement in ATM machines Pre-subscription of all new Clients for TAxFree4U Marketing activities SMS/e-mail alerts to targeted customers on regular basis Information placement on the welcome/informational letter printout for each Bank card holder (when issuing new card/reissuing the card for Bank’s client) Dedicated printout material production with distribution and placement at all customer physical touch points Banner placement on Bank’s web site/ online banking platform Promo at ATM machines Promotion via digital channels Communicating via other Bank’s digital channels, social media, online platforms

11. Benefits for the Bank Innovative service for Bank’s client Bank improves its customer service package by providing integrated online service of getting shopping VAT refund for its clients by using the mobile app/web site. Commission per each VAT refunded amount From each client that uses TaxFree4U refund service the Bank gets commission from amount refunded to the client. Commission rate basic level starts from 1,5% from VAT amount refunded onto client’s account. Additional currency resources & Currency conversion income TaxFree4U company provides VAT refund for client to his bank account or to his card, that gives the bank an additional currency resources. Credit income Bank can propose fast VAT depositing to its clients. VAT refund transactions control (by Bank and its Customer) All transactions of VAT refund are stored in the TF4U user & admin system and both Bank and Bank’s clients may track and control all amounts and history via personal cabinets. Main benefits for the Bank

12. T H ANK Y OU www. t a x f r e e 4 y o u. e u