INTRODUCTION and CREDENTIALS February 2016 page | - PowerPoint PPT Presentation

INTRODUCTION and CREDENTIALS February 2016 page | CONFIDENTIAL | 2 Silverpeak IB is authorised and regulated by the Financial Conduct Authority Silverpeak LLP is an authorised representative of Silverpeak Capital Ltd, which is authorised and regulated by the Financial Conduct Authority

Disclaimer This presentation has been prepared exclusively for internal use and does not carry any right of publication or disclosure to any other party. Neither this presentation nor any of its contents may be used for any other purpose without the prior written consent of Silverpeak LLP , trading as ‘Silverpeak technology investment banking’ (“Silverpeak”). The information in this presentation reflects prevailing conditions and our views as of this date, all of which are subject to change. In preparing this presentation, Silverpeak has relied upon and assumed, without independent verification, the accuracy and completeness of all information available to us or from public sources or which was otherwise reviewed by us. CONFIDENTIAL

Contents Silverpeak + overview p4 M&A advisory p16 Fundraising advisory p24 page | CONFIDENTIAL 4

Silverpeak + overview Silverpeak advises innovative, fast-growing technology companies on M&A and financing transactions FACTSHEET  3 partners with 60+ Investment bank focused on technology years of experience in tech investment banking M&A and financings advisory for growth companies  150+ deals and assignments completed Vast network of relationships  15-strong team  Regulated by the Global reach, based in London Financial Conduct Authority  Sponsor of Blue-chip investment banking service Go4Venture’s Monthly Bulletin page | CONFIDENTIAL 5

The Silverpeak + team Our team has experience at globally recognised investment banks, and has advised on over 150 deals Indicates Pietro Strada Jean-Michel Deligny Paddy MccGwire Managing Director Managing Director Managing Director  UBS Warburg  Broadview  3i  Bain & Co.  Broadview  Worksmart  MBA (Essec, Paris)  MBA (INSEAD)  Corporate Capital Structures Matteo Pozzi Alexandre de Gandt Nils Zettelmeyer Director Director Associate  STAR Capital  Duff & Phelps  CatCap Partners  KPMG  MEcon  Goldman Sachs  Sistech SA  MEng (Turin)  MBA (INSEAD) Luke Edis Kieran Hall Arthur Maisonnier Suraj Bakrania Analyst Analyst Analyst Analyst  Crossrail  Mercer Investments  Nordex  Jefferies  MSc Finance (Durham)  BAML  Aldebaran Robotics  Barclays BSc Physics (Leicester) MPhil Econ. (Cantab) MEng (ENSAM) BSc Math & Econ (LSE)     page | CONFIDENTIAL 6

Silverpeak + leadership Pietro Strada Jean-Michel Deligny Paddy MccGwire Managing Director Managing Director Managing Director, Cobalt  Pietro is Co-Founder and Managing  Jean-Michel is Co-Founder and Managing  Paddy is Managing Partner of Cobalt Director of Silverpeak . He founded Director of Silverpeak . He is also the Corporate Finance , the London based Centerboard Partners in 2005, where he founder of Go4Venture Advisers, which he specialists with partners in the US and sourced and completed 20 mandates, successfully built up to a leading position Germany, who advise European such as trade sales, mergers and in international equity private technology companies to achieve financings placements, especially in the software, optimum exits and later stage fundraising telecom and digital media sectors. He has more than 20 years of investment banking  Previously, he joined Torch Partners (a  In the last year he has completed and European technology experience technology boutique investment bank) for transactions in enterprise software, e- two years, before re-launching commerce, IT consulting, AdTech and Jean-Michel was previously UBS’  Centerboard in 2014. Here, led the $18m FinTech European Head of Technology fundraising for Calastone, backed by Investment Banking , where he: Accel Partners and Octopus Investments  Paddy has extensive experience – Set up the European operation of the of creating value and successful deal bank’s Global Technology Group and Pietro was at Broadview (now part of making in the technology sector over 25  led deal origination and execution Jefferies) and Corporate Development years . With Cobalt as a founding across Europe, Israel and South Africa Director at LexisNexis (a division of Reed member, he formed the international – Was responsible for some of the Elsevier), where he worked on several M&A network Globalscope with active firm’s major technology client wins high-profile technology M&A and members in 38 countries on every (including Datatec, FI Group, fundraising transactions including: continent except Antarctica. He is also Freeserve, ICL, Infineon, Marconi Chairman of Worksmart, the market The $162m acquisition of BCO – Comms, NDS, QXL and Siemens) leader in people centric risk and Technologies plc on behalf of compliance software. Analog Devices Before UBS, he was a Principal at  Broadview International , where he  Paddy’s past experience includes 7 years Before his MBA, Pietro was a consultant  worked on over 35 public and private at private equity group 3i , and at with Bain & Co. and an electronic design transactions in the technology and IT electronics group STC plc engineer with OHB System services sectors page | CONFIDENTIAL 7

Silverpeak + senior team Matteo Pozzi Alexandre de Gandt Nils Zettelmeyer Director Director Associate, Cobalt  Matteo joined Silverpeak in 2014  Alex joined Silverpeak in 2014 from  Nils joined Cobalt in 2014 where he where he focuses on M&A and US-listed advisory firm Duff & Phelps , focuses on M&A and fundraising fundraising assignments where he was a Director and played a assignments leading role in setting up their M&A – Recently Matteo advised Seatwave operation in France on its sale to Ticketmaster and on He has more than 5 years of experience  the Artesian fundraising in advising on national and international Prior to this experience, Alex worked in  M&A and fundraising. He has advised the Corporate Finance teams of KPMG  He brings more than 10 years of companies such as Publicis and EPAM on (Europe’s most active mid -market M&A experience in investment banking, acquisitions and sold software companies advisor) and HSBC , where he advised private equity and financing to US-listed companies like Broadsoft and clients including private equity funds, Actuate large corporates, growth companies  Prior to Centerboard he was an Investment Director at STAR Capital and government agencies Partners , a mid-market European Prior to Cobalt, he worked at CatCap , a − His advisory experience is further  Private Equity fund, working on buyout enriched by two hands-on mid-market Corporate Finance house investments across the focused on the internet, software, developments of innovative telecommunication, industrials, services and technology sectors in businesses, one of which resulted in transport and energy sectors Germany a successful exit to private equity post-turnaround Matteo started his career at Goldman   Nils holds a masters degree in economics Sachs : he was an Associate in the GS  Alex holds degrees from the University with majors in game theory and finance Infrastructure Partners , a global of Bristol and La Sorbonne (Paris I), as infrastructure fund. Prior to that he well as an MBA from INSEAD worked on financing transactions in the Structured & Acquisition Finance He is fluent in both English and French  team  Matteo is fluent in both English and Italian (mother tongue) page | CONFIDENTIAL 8

Our presence in the technology sector Silverpeak has deep sector knowledge and extensive execution experience in internet and digital media INTERNET & DIGITAL MEDIA ENTERPRISE SOFTWARE & SaaS ENABLING TECH. & SERVICES HEALTHTECH SUB-SECTOR SPECIFIC EXPERTISE  eCommerce / Marketplaces  Fintech  Materials  Medical Devices  Digital Entertainment  ERP / CRM / HRM  Semiconductors / Components  M-Health  Internet Infrastructure  Security  Communication Infrastructure  Genomics  Adtech  Databases & Content  Electronics / Robotics  Diagnostics / Imaging Management  Cleantech  Healthcare IT RECENT TRANSACTION EXPERIENCE has been acquired by $11.8m Growth Equity has acquired control has been acquired by has been acquired by has been acquired by € 15m Series B has been sold to of NOVEMBER 2014 MAY 2014 AUGUST 2015 JULY 2015 JUNE 2015 OCTOBER 2014 SEPTEMBER 2013 JULY 2013 $19m Series C has been acquired by $8m Series B has been acquired by $8m Series C has been acquired by $42m Growth Equity has been acquired by and Recapitalisation JANUARY 2016 JULY 2015 JANUARY 2014 OCTOBER 2015 MAY 2015 JULY 2015 FEBRUARY 2014 JANUARY 2012 page | CONFIDENTIAL 9