TECHNOLOGY INNOVATION HUB ASIA FUTURE CITY

ABOUT XNTree is a global innovation and economy enabler, and a leader in innovation delivery, new venture development and ecosystem creation in Level39. XNTree was founded in 2016 and aims at expanding the success model of Level39 and Cognicty(Smart City Challenge) to Asia and apply the similar model to the Asian market. XNTree is now planning to establish Technology Innovation Hub Asia in Seoul, Korea and open in 2016, by the support of the local government and Asian IT & Financial service companies. Meanwhile, XNTree established a strategic partnership with The Floor, Israeli FinTech Cluster and T-Factor, Technion University. Besides, XNTree also signed on MoUs with Financial Services Commission (FSC) and Seoul Metropolitan Government (SMG) in 2015 to enhance the ecosystem of Fintech and Smart City. CANARY WHARF FINANCIAL DISTRICT XNTree believes that it will make bring the great success in nurturing the Asian innovative startups in the next few years as it did with Level39 and Cognicity in London. XNTree initiated the program in Asia in 2016, partnering with Korea Energy Power Corporation (KEPCO), BNK Financial Group, Hansol Textile and some municipality government in South Korea. XNTree has a broad network of the mentors in the field of Fintech, smart city solution and high-tech and has recently appointed Mr. Eric Van der Kleij, former CEO of London Tech City and former Head of Level Level39. He is currently Chairman of UKTI Advisory Group in Fintech and Blockchain. 2

LEVEL39 IN NUMBERS

THOUGHT/ACTION LEADERSHIP CONNECTING COMMUNITIES ASIAN LEADERSHIP NEW VENTURES SHARING REGULATORY INSIGHTS 7

TECHNOLOGY SCOPE AT THE HUB THE SCOPE OF TECHNOLOGY IN XNTREE S TECHNOLOGY INNOVATION HUB ASIA Integrated Transportation Cleantech & WasteTech Cyber Security Payment Authentication Financial Solution Software P2P Lending Crowdfunding Cryptocurrency F/X Proprietary Trading Data Analytics Blockchain Remittance Robo-advisor Financial platform Internet primary bank Regulation Tech Personal financial management ** xntree will focus on Fintech & Smart Industry sector in the first stage. Smart Industry (Future City) Design FinTech Game, Media and Entertainment E-Commerce & Logistics Science, Environment & Technology Smart Factory & Automation Smart Energy & Entergy Grid Mobility & Electric car Sustainable Building(Home) Smart Surveillance Food Design & Food Tech Fashion & Wearable Tech Sports Tech & Solution Game Contents VR/AR Entertainment Tech E-Commerce Solution Big Data Education Tech (EdTech) Robotics Healthcare & BioMed Material & Resources Aerospace & Drone 9

GLOBAL NETWORKS OUR GLOBAL NETWORK THROUGHOUT HUBS: EUROPE, ASIA, ISRAEL AND NORTH AMERICA London & Europe: Level39 Seoul & Asia: XNTree Tel Aviv & Israel: The Floor / Technion University New York & North America: Cornell Tech London UK & Europe Silicon Valley New York Seoul Israel Tel Aviv Tehran Hong Kong Vietnam Taipei Singapore North America Asia Sydney 10

CORPORATE MEMBERS & PARTNERS Potential Corporate Members & Strategic partners at the Technology Innovation Asia under discussion with: Singapore / Hong Kong / China / Taiwan Korea & Japan TECHNOLOGY INNOVATION HUB ASIA 11

CORPORATE PROJECT PROGRAM PROCESS Client s Investment 1 Initiating the Prior Consulting 2 Design the be-spoken model based on the demand of the client In-house Startup 3 Sharing the global tech trend & Introduction of the key startups from the world. Global Matching Profit model Technology Innovation Asia Concurrent Investment 4 Matching the appropriate startups(or technology) from the West including London, Tel Aviv, New York and Silicon Valley. 5 Acceleration begins (up to 5 months) TF from the client & startup that would be selected. Level39, London The Floor, Israel Cornell Tech, NY Global Connectivity & Mentoring system #1 Tech Innovation Hub Syndicate Fund Risk Hedging & Decent Exit Plan 6 Valuation & Market adaptation 7 Finalizing the corporate governance (The client will have at least 50% of the stakes) 8 Market entry Asia / Europe or USA

TECHNOLOGY INNOVATION PROGRAMME DELIVERABLES XNTree will work with the client to establish programmatics that are bespoke and specifically designed to attract local, regional and international start-ups for structured engagement with the client. Based on our extensive expertise within Europe and USA, these programmes will provide the bridge from East to West and West to East. XNTree will provide the team to deliver the programme. The client key staff will have an active engagement in the ongoing delivery through regular Steering Group Meetings, events and innovator mentor opportunities. XNTree will facilitate interactions with targeted ecosystems of early stage start ups for partnership, technology adoption or acquisition by the client. The client and affiliated start-ups gain access to the latest trends in the innovative technology from the leading global markets. OUTCOME The client achieves measurable operational cost savings in addition to gaining access and oversight of leading innovations from the region and internationally. The client will take the majority of equity on the startup while XNTree invests less than 49%. 13

THE LAB DELIVERABLES The client to participate in the creation of new technologies through intensive development phases within The Lab (please see appendix for an example). Phases of development are: proof of concept, prototyping, product creation. The client to gain access to global technology deployment opportunities through XNTree s extensive network. The client to participate in the creation of IP and new business models. Potentially support the client affiliated technology through integration as component parts into larger Lab developed products. OUTCOME The client achieves operational cost savings and/or additional revenue streams through the development of new IP, POC (Proof of Concept) of existing solutions and potentially new ventures. The client will take the majority of equity on the IP while XNTree invests less than 49%. 14

GLOBAL SYNDICATE FUND DELIVERABLES The client to have priority access as the Fund s Asian cornerstone. XNTree to perform thorough start-up analysis for selection into the Syndicate Fund. Each company will be exposed to a rigorous due diligence process to understand the long term business potential. Investment from the Fund awarded for start-ups successfully completing programmes, attracting higher calibre deal flow. The Fund will attract other international co-investors. The Fund will provide a suite of investment products/instruments that will appeal to start-ups. XNTree will align the international investors to so as to provide international scale up support (smart money). Target fund size: About USD 100 million (At the first closing). At the final closing, the total fund size will be bigger than USD 200 million OUTCOME The client s portfolio expands and achieves long term investment growth through the startups and technologies that XNTree and other clients will develop. 15

APPENDICES APPENDICES 16

SUCCESS STORY: CORPORATE PROGRAMME CASE DASSAULT SYSTÈMES 3D FINTECH CHALLENGE 2013 Background: Championed by Bernard Charlès, CEO of Dassault Systèmes demonstrating top-level executive engagement in such programmes Dassault Systèmes is Europe s 2nd largest software firm currently based in France, with 2 offices in the UK with c.130 employees, seeking to expand in Europe Objective of the programme was to develop new forms of 3D visualisation and enter the UK market xntree Programme: Series of facilitated workshops and CIO breakfast events with senior executives from London-based financial services firms including UBS, HSBC, JP Morgan, to understand industry challenges and define scope 6 week challenge led programme with cash prizes and access to technical resources to encourage entrepreneurs to develop innovative prototypes to address identified challenge themes Benefits of the programme for participants: 6 startups participated: Kusiri, ACE Consensus, Conatix, Intrepid, Logical Glue & LBM 6 piloting opportunities with financial institutions secured Additional investment secured for two firms 17

SUCCESS STORY: CORPORATE PROGRAMME CASE EY STARTUP CHALLENGE 2014 Background: Changing EU regulations have created complexity for large corporations around managing client data and information security across different jurisdictions. xntree was asked by the executive leadership at EY to design and co-deliver an innovation programme to help it identify solutions that EY could offer its own clients within information security www.ey.com/startupchallenge xntree Programme: Development of the innovation programme curriculum with a focus on commercialising new solutions Advising and supporting EY in executing workshops relevant to startup growth, challenge-focused mentoring sessions between EY partners, EY clients and industry experts, and EY client related open office hours Facilitated the strategic orientation of participating startups, the programme direction and provision of necessary resources to create a flourishing environment Stakeholder benefits of the programme: 7 finalist startups, each with team of 3-8 people: Sedicii, Mentat Innovations, My Gravity, Exonar, Privately, Yambina, QoiD 4 startups developed client relationships during or after the programme 1 company secured a partnership with EY to distribute their solution directly Positioned EY as a leader for innovative solutions in a rapidly changing market 18

SUCCESS STORY IN SMART CITY: COGNICITY CHALLENGE CANARY WHARF COGNICITY CHALLENGE 2015 Background: With senior executive sponsorship within Canary Wharf Group, this programme is identifying smart cities technologies across 6 streams, with the aim to deploy solutions within the 25 acre extension to the current estate in East London Global thought leaders from Intel, Siemens and Arup are contributing expertise and technology to develop & commercialise solutions xntree Programme: Design & delivery of the Challenge brand, innovation strategy and innovation programme curriculum Training of stakeholder executives on the management of new technology and use-case definition and advice on the strategic direction on technology implementation within the Canary Wharf estate Development and testing of new procurement processes and setup of pilot programmes with existing smart city technology and Internet of Things startups at Level39 Management of one of the world s largest technology acceleration and commercialisation programmes with up to 36 participating startups and the setup of a new 10,000 sq ft smart city hub in London Stakeholder Benefits: More than 50+ mentors secured to spend ~ half a day each month over a five month period 30+ startup workshops with high-profile speakers confirmed 100+ applications received in startup-niche industries, 4 out of 6 application streams still open www.cognicity.london 19

COGNICITY INITIATIVE 20

COGNICITY INITIATIVE 21

COGNICITY INITIATIVE 22

PRIMARY SPONSOR: INTEL Ian Jones, Intel s UK Smart Cities Director London is one of the world s leading cities and is perfectly positioned to become the flagship for smart cities everywhere. Initiatives like Cognicity are laying the foundations for London to unlock its potential and now we can clearly see solutions taking shape which are going to enrich the lives of citizens in all sorts of ways. 23

성공스토리 : LEVEL39 STARTUPS (1/8) 25

COGNICITY INITIATIVE 26

COGNICITY INITIATIVE PATHFINDERS - Selection Five companies were selected to be Pathfinders for the Cognicity Challenge. These companies already had smart city technologies and were existing members of the Level39 community. Prior to the Cognicity Challenge launch, these companies were given the earliest opportunity to engage with, and provide their products and services to, Canary Wharf Group in the hope of securing a pilot. As such, their experiences in navigating through the procurement process, and insights gained as a result, were to act as a guide to the Cognicity Challenge participants.pathfinder presentation sessions gave the pathfinder companies the opportunity to explain their technologies and solutions, and share their experiences of engaging with the Canary Wharf Group with the Cognicity innovators. Furthermore, pathfinders and innovators were encouraged to explore opportunities to collaborate and integrate their solutions - examples of current collaborations can be seen on the digital supporting document. 27

SOLUTIONS TO CITIES IMMEDIATE NEEDS 28

SOLUTIONS TO CITIES IMMEDIATE NEEDS 29

FUTURE CITIES IN ASIA 30

FUTURE CITY CHALLENGE YEOIDO FINANCIAL DISTRICT Consortium: Seoul Metropolitan Government KEPCO - XNTree IoT Smart Tram / Smart Grid / Sharing mobility system / Green building / Connected Home 31

FUTURE CITY CHALLENGE NAJU/GWANGJU Consortium: Jeollanam-do Gwangju Metropolitan Government - XNTree Industry Complex Gwangju Songjeong District Industry Complex Inter-City Smart Tram System 15-20 min. Naju Innovation City SMART MOBILITY Electric Car Sharing system Smart Bike Sharing system Smart Tram System & E-Bus CULTURE & CONTENTS Food Tech / Food Design Ed Tech e-government Open data, Citizen Participation Welfare SMART FACTORY ENERGY SUSTAINABILITY Smart Energy Grid Green Building & House LIFE & HEALTH Tourism & Culture Wellness & Life Style SMART AGRICULTURE Smart Farming Genetic R&D 32

FUTURE CITY CHALLENGE BUSAN METROPOLITAN CITY Consortium: Busan City KEPCO BNK Bank Lotte - XNTree West Busan District East Busan Industry Complex District SMART MOBILITY Electric Car Sharing system Smart Bike Sharing system Smart Tram System & E-Bus CULTURE & CONTENTS Tourism Sports Tech SMART BUILDING & HOMES SMART FACTORY SMART WATER ENERGY SUSTAINABILITY Smart Energy Grid Green Building & House SMART PUBLIC SERVICES Security & Surveillance e-government & Big Data SMART LOGISTICS Smart Aviation & Commercial Fleet 33

ACTIVITIES: TECHNOLOGY INNOVATION ASIA 34