We will begin shortly Request you to kindly take your seats - - PowerPoint PPT Presentation

We will begin shortly Request you to kindly take your seats

Welcome to the Annual & Special Shareholders Meeting 2017

Behind the new logo and the brand

• Nadia Alli, VP Global Marketing

Evolution Is Key

Technology Progression Fintech First Global Out-of-the box Forward thinking

Industry Statistics & Corporate Overview

• Andre Itwaru, CEO

GSMA Mobile Economy Video

Corporate Overview

CORPORATE OVERVIEW OCTOBER 2017 VERSION AGM

Redefining Payments In The Millennial Age

TSX-V: FGD FRA: 1G5

FORWARD-LOOKING STATEMENTS

THIS PRESENTATION AND ITS CONTENTS ARECONFIDENTIAL AND ARENOT FOR PUBLIC DISTRIBUTION This presentation provides a summary description of First Global Data (’FGD’) and its business, and does not purport to be complete. Prospective investors are encouraged to

• btain independent legal advice concerning any investment in securities of FGD and should not base their decision on whether to invest in FGD upon the material provided herein.

There are no representations or warranties made herein by FGD or the agents of the proposed offering of Common Shares of FGD (the ‘Agents’) and investors will only be able to rely on the representations and warranties contained in the subscription agreement to be entered into at the time of sale of the securities. This presentation is strictly confidential. Neither this presentation nor any of its contents are to be distributed to third parties without the prior written consent of FGD and the Agents. It is intended that any offering of securities of FGD will be made in reliance upon the availability of exemptions from the applicable registration and prospectus requirements. There are certain risks inherent in an investment in the securities of FGD which prospective investors should carefully consider before investing in the securities of FGD. This presentation constitutes an offering of the securities described herein only in those jurisdictions and to those persons where and to whom they may be lawfully offered for sale, and only by persons permitted to sell these securities. This presentation is not, and under no circumstances is it to be construed as, an advertisement or a public offering of these securities. This presentation is personal to each offeree and does not constitute an offer to any other person or to the public generally to subscribe for or otherwise acquire any of the securities referred to herein. No securities regulatory authority or similar authority has reviewed or in any way passed upon the presentation or the merits of these securities and any representation to the contrary is an offence. This presentation has been prepared for information purposes only. By accepting delivery of this presentation or any other information in connection with an investment in FGD, the investor agrees: (1) to keep strictly confidential the contents of this presentation and such other information and not to disclose such document, the contents thereof or any such information to any third party or otherwise use the information for any purpose other than evaluation by such prospective investor/offeree of an investment in the securities; (2) not to copy all or any portion of this presentation, or any such other information; and (3) to return this presentation and all such other documents and information to FGD or the Agents upon the request of FGD or the Agents. No representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by the Agents as to the accuracy or completeness of the information contained herein or any other information, representation, warranty or undertaking, express or implied, made by FGD in connection with the offering of securities described herein. This presentation includes forward-looking statements with respect to the Company and its assets including, among other things, business operations, strategy and condition. These statements generally can be identified by the use of forward-looking words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue"

• r the negative thereof, or similar variations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable and represent the

Company's expectations and belief at this time, such statements involve known and unknown risks and uncertainties which may cause the Company's actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, including interest rates, businecompetition, changes in government regulations or in tax laws, in addition to those factors discussed or referenced under the heading "Risk Factors". DISCLAIMER: The contents of this presentation are based upon conditions as they exist on the date hereof, and except where otherwise indicated, speak as of the date hereof. By delivering this presentation, FGD does not undertake to update any of the information, representations, or conclusions contained herein. The information and comments provided are strictly for information purposes only, and are not to be construed in any way as invitations to purchase securities, nor distributed to others for said purpose. Please refer to the preceding page for a more detailed disclaimer. If you have received this presentation in error kindly contact us at (416) 504-3813.This presentation and information herein supersedes all priorpresentations.

FirstGlobal Data

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Not to be reproduced or distributed without prior written company consent. First Global Data Corporate Overview 2017

FINANCIAL SERVICES TECHNOLOGY (FINTECH) COMPANY

FOCUS = MOBILE PAYMENTS + CROSS BORDER PAYMENTS

LISTED ON THE TORONTO STOCK EXCHANGE VENTURE EXCHANGE (TSX-V: FGD) AND THE FRANKFURT STOCK EXCHANGE (FRA: 1G5)

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

Leading edge mobile payment technology platform Core technology infrastructure designed with global compliance rules facilitate domestic mobile payments and cross border payments Winner of multiple awards for the best mobile app INNOVATION: World’s first Cross Border Mobile Payment Solution deployed in a Social Messaging Platform Facilitates Remittances from the USA to China on the WeChat platform as phase 1

TECHNOLOGY

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

Partner with organizations with large customer bases: Millions = Customer Acquisition Marketing designed to encourage acquired customers touse multiple services. FGD and Partner share revenues = Monetization We provide mobile payment and cross border payment technology capabilities (We do not sell software) FGD Provides an ‘Ecosystem’ of opportunities for customers to spend (Multiple“buttons”/services) Our partners market to their already existing customer base to encourage mobile app downloads = Customer Penetration Multiple in-country domestic deployments. Globally - connecting each domestic deployment through FGD compliance hub

1 2 3

Mobile payment portability and interoperability

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

BUSINESS STRATEGY

#1#1

VISION

To be the world’s first portable, interoperable mobile wallet, facilitating domestic & cross border payments and empowering global mobile commerce.

#

#1

#1 #

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

Scenario A Customer in India downloads mobile wallet Loads the wallet with Indian Rupees Shops and spends in India Travels to Toronto Converts currency to Canadian dollars right on mobile wallet Shops and spends in Canada Decides to go to warm Mexico Converts currency to Mexican pesos right on mobile wallet Shops and spends in Mexico Needs to replenish funds Reaches back into bank account directly from the mobile phone and reloads currency

VISION IN MOTION

Customer logs into their favorite social networking environment -WeChat Wants to purchase goods domestically or internationally Wants to send funds to friends and / or family either domestically or internationally E.g.: From the USA to China Funds sent from the USA to China in approx. 8 seconds while still on the social networking site - WeChat Purchases directly from the FGD powered mobile payment service while still on the social networking site

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

Scenario B

4 5 3 2 1

VISION IN MOTION

TRANSACTIONAL REVENUE GENERATION

In these models, revenues are driven from

Fees – Each time a customer “taps” on a button (uses a service) Foreign Exchange – For cross border remittances and payments Each “button” drives different revenues

LEADING WITH INNOVATION

World’s first Cross Border Social Messaging Mobile Payment Solution - alreadydeployed

• n the WeChat platform

Working to deploy - The world’s first mobile payment service for the blind ‘Lifestyle’ oriented mobile payments solution FX coupled with compliance = Portability

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

OBJECTIVES INCLUDE Customer Acquisiton by leveraging partners’ base of existing users Penetrating: 1 Million Active Users Monetizing: Drive annual revenue per user to $280 Continue to increase profitability Increase customer penetration beyond 1 Million Duplicate model in each corridor and every deploy

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

TARGETS: DRIVING VALUATION

SCENARIO – CROSS BORDER PAYMENT/REMITTANCE - Example only Average revenue/transaction = $10.00 (Fee + FX = Revenue for FGD) Average number of times customer transacts per month = 2 (on pay period) Average revenue for FGD per user per month = $20 Number of months in year = 12 Average revenue per user per year = $240 Close to target $280 per user per year User does more than send money = generate the balance of $40 per user per year Achieve $280 per user/year target Expand beyond 1M active users

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

HOW DO WE GET THERE?

Unparalleled Combination of Global Assets - Foundation for Explosive Growth

High Demand Mobile Payments Technology Platform World-class Compliance Engine Money Service Licenses International and Domestic Payments and Money Transfers Multiple Services – Each Button Drives Revenue

31 US State licenses (50 by 2018), India, Canada, Guyana, Ethiopia More countries are currently being added Shop and pay on mobile – Multicurrency- Portable Multiple Mobile Payment AwardWinner Licensed - Regulated – Automated Fully Compliant – Cross-Border Strong Mobile, Online – Domestic, International 78 countries, 250+ bank integrations Multiple On-Demand Services on Mobile Strong and DiversifiedRevenue

For Internal UseOnly. First Global Data Limited, Proprietary and Confidential Information. Notto be reproduced ordistributed without prior written company consent.

OUR ASSETS

Thank you.

Thank you

FirstGlobal Data

Partnership with Vijaya Bank in India

• Andre Itwaru, CEO

Live Demonstration

• Seungho Ha, Product Manager

Partnership with LianLian Pay in China

• Andre Itwaru, CEO

Introduction of Ken Zheng, COO - LianLian

• Andre Itwaru, CEO

LianLian Pay Overview

• Ken Zheng, COO - LianLian

01. 02. 03.

AGENDA

* iResearch: 2017 Q1 Market Share of China 3rd Party Mobile Payment

Licensed since 2011

$80bn+

2017 YTD Transaction Volume

2.1m+ 370

Peak TPS Peak Daily Transaction Number

$800m+

Peak Daily Transaction Volume

150m+

Registered Users

10,000+

Online Merchants

#4

Largest mobile Payment Service Provider in China*

FACTS

RMB Online/Mobile Acquiring PBOC Licensed Cross-border FX and Settlement SAFE Licensed Cross-border RMB Clearing & Settlement PBOC Licensed PCI-DSS Compliant ISO 27001 Certified Tier-IV Data Centre

OUR LICENSES & QUALIFICATIONS

International and Domestic

All Chinese Banks Covered

• Others

Partners

PARTNERS & BANK COVERAGE

01. 02. 03.

AGENDA

Traditional Remittance Channels

• Banks
• Agents (Western Union, Money Gram)

Pain Points

• Inconvenient
• Costly, Pricing not transparent
• Slow
• Non-compliant

US -> China 2nd largest remittance corridor in the world (Over $16B in 2015) Goal: Utilize the combine capabilities of FGD and LL to enable Chinese living in the US to conveniently make person-to-person international money transfers to China utilizing the WeChat platform.

OVERVIEW

Pilot launched in July 2017 19 states covered today What we learned so far? What are some of the challenges?

WHERE ARE WE TODAY?

Live Demonstration

• Ken Zheng, COO - LianLian

Thanks!

Introduction of Bobita Ram, COO - FGMI

• Andre Itwaru, CEO

US State Licensing Progress & Process

• Bobita Ram, COO - FGMI

• Knowing and adhering to the requirements of being a licensed money transmitter
• Regulations as well as “best practices” and interpretation by various parties:
• Sound Business Practices
• Strong Internal Controls, Systems and Policies
• Hands-On Management
• Constant

reviews and updates in keeping with changing regulatory environment

• Simply put, “the Company as a whole operating in compliance with external laws,

regulations, and standards relating to our industry AND our own policies and procedures”

WHAT IS COMPLIANCE

First Global Money Inc., licensed Money Transmitter

ANTI TERRORIST FINANCING (ATF)

Establishing systems, policies and procedures to detect, deter and report

• n funds which may be destined to fund terrorist activities.

ANTI-MONEY LAUNDERING (AML)

Establishing systems, policies and procedures to detect, deter and report

• n funds which may be derived from illicit activities.

First Global Money Inc., licensed Money Transmitter

First Global Money Inc., licensed Money Transmitter

• Written Policies, Procedures and Systems to deter, detect and report

money laundering and terrorist financing

• Appointment of a Risk Management and Compliance Officer
• Ongoing training at all levels
• Independent Evaluation of the AML/ATF Program
• Risk-Based Approach and Risk Assessment

WHAT DO WE MEAN BY A COMPLIANCE PROGRAM?

• Uniqueness of the project required “special” approach and approval
• Significant percentage of Chinese immigrant population in NY –
• approx. 17%
• Specific requirements with respect to storage and access to data and

customer information.

• Re-engineering of the process to ensure that data access and

storage requirements were met

LIANLIAN PROJECT IN A REGULATORY ENVIRONMENT

First Global Money Inc., licensed Money Transmitter

• State by State – only 2 States do not require licenses - Montana & South Carolina
• NMLS System versus “paper” applications
• Extensive checklists of required documents
• Profile and status of the person exercising control over the licensee
• Criminal Background check from home state
• Credit checks
• Extensive Background checks – residences, employment etc.
• Fingerprints
• Financial statements
• The benefits of face-to-face meetings

APPLYING FOR MONEY TRANSMITTER LICENSES

First Global Money Inc., licensed Money Transmitter

• Varies from State to State
• Extensive list of follow up items
• Mandatory waiting periods in some cases – varies from 30 days to 120 days

(as in the case of Oklahoma, Wyoming, DC, Kentucky, North Carolina) and even 180 days (as in the case of Ohio, Tennessee)

• Approval timelines can be extended if additional submissions are required
• Cannot predict approval timelines as this is outside of the control of First

Global

APPLICATION REVIEW PROCESS

First Global Money Inc., licensed Money Transmitter

• New York, California and many other states … enhanced and strong focus on

IT systems, data storage and security, disaster recover etc.

• IT Audits – annual
• Regulatory Examinations include significant focus on IT Systems, Policies and

Procedures

• Changing environment with online and electronic money transmission services
• the need for a stronger focus on cyber security

CYBER SECURITY & MONEY TRANSMISSION

First Global Money Inc., licensed Money Transmitter

• Regular reporting based on each State’s requirements
• State Examinations - some independent and some joint
• Independent Audits and reporting to other stakeholders such as the Banks
• Preparations for State Examinations
• Constant focus on regulations and ensuring compliance
• Sound business practices
• Strong financial statements
• A culture of corporate governance

MAINTAINING LICENSEE STATUS

First Global Money Inc., licensed Money Transmitter

• Growth and Expansion of the Business
• Profile of the Company to potential partners
• Less or no restrictions on launching electronic products eg. Online, Mobile
• Value of the company with respect to possible investments.
• Differentiator when compared to smaller competitors in the industry

THE IMPORTANCE OF NATIONAL LICENSEE STATUS

First Global Money Inc., licensed Money Transmitter

• Started 2017 with 21 states in which we were licensed (2 Certificates of

Authority)

• Total applications approved – 11
• Remaining applications pending approval – 20
• Currently licensed in 32 States
• DBA filings are part of our licensing process given the nature of some of our

projects such as Happy Transfer, Remit Guru.

• DBA filings – also a lengthy process

LICENSE APPLICATIONS 2017

First Global Money Inc., licensed Money Transmitter

• Full nationwide licensee status expected by end of Q1 2018
• Compliance department restructured to effectively prepare for and manage

nationwide licensee status

GENERAL ESTIMATES ON NATIONWIDE LICENSEE STATUS

First Global Money Inc., licensed Money Transmitter

Thank you.

Lunch + Open floor Q&A Session

Annual & Special Shareholders Meeting 2017 is now closed Thank You