FATFISH GROUP LIMITED — Investor Presentation 2015

Mar 26, 2015

CREATING SHAREHOLDER VALUE AND CHAMPIONING INNOVATION

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FFG - An Internet Ventures Conglomerate In The Making

CORPORATE PRESENTATION

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DISCLAIMER

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The material contained in this presentation is non-specific and is a summary of the background of the Company’s activities; as this information is in a summary form it is not intended to be complete. Independent advice should be sought by investors or potential investors. The material does not take into account the investment objectives, financial situation or needs of a particular investor and therefore should not be relied upon as investment advice to investors or potential investors.

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This presentation does not constitute an offer or invitation in any place in which, or to person to whom, it would not be lawful to make an offer. Distribution of this presentation in jurisdictions outside Australia may be restricted by law, and persons who come into possession of this Prospectus should seek advice and observe any such restrictions. Failure to comply with such restrictions may constitute a violation of applicable securities law.

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This presentation contains forwardlooking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties. The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this presentation will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements .

ASX Code: FFG

Share Price: 26c 52 Week High: 29c 52 Week Low: 17.5c

Market Capitalisation: AUD33.5 Mil

Shares Outstanding: 129.6 Mil

Company Management: 19.52% Of Register

GICS Classification: Diversified Financials

Listed Options (FFGO): 129.6 Mil

COMPANY PROFILE

FATFISH INTERNET DUAL FOCUS ON GROWTH GROUP IS AN INTERNET HEADQUARTERED IN INTERNET MARKETS, VENTURE INVESTMENT SINGAPORE AND INVEST FROM FIRM - FIRST OF ITS KIND MELBOURNE “SEED-TO-EXIT” TO LIST ON THE ASX

ENHANCE VALUE OF INVESTEE THROUGH ITS CAPITAL + NETWORK + RESOURCES

OFFERS UNIQUE OPPORTUNITY TO INVESTORS TO INVEST IN DIVERSIFIED PORTFOLIO OF EARLY-STAGE AND GROWTH-STAGE INTERNET BUSINESSES

OUR SEED-TO-EXIT BUSINESS MODEL

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ENHANCING VALUE FROM SEED TO EXIT
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DIGITAL INCUBATOR DIVISION

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1. VENTURE CAPITAL DIVISION

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1. CORPORATE ADVISORY DIVISION

Early-stage investment into startups

Investment into growth-stage / Pre-IPO companies

Consulting engagement high-growth tech companies

Typical prototyping or proof-of-concept stage

Early investment at lowest valuation possible

Partner with co-investors

Investee needs to be 2-4 years from exit

Also invest into M&A play

Assist clients to identify and execute exit strategy via capital markets

Work closely with investment banks / brokers

PARTNERSHIP WITH SOUTHEAST ASIAN GOVERNMENTS

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SINGAPORE

Official Incubator of i.jam Reload Funding

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MALAYSIA

Official Co-Investment Partner of Cradle, MoF

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Investments into digital media startups

Fatfish invests upto SGD100k, MDA invests SGD150k (equity-free) per company

i.e. funding of up to AUD220k per startup

Investments into tech startups

Fatfish invests up to MYR500k, Cradle to match investment up to MYR500k

i.e. funding of up to AUD345k per startup

THE FATFISH TEAM

KIN-WAI LAU | CEO

DATO LARRY GAN | CHAIRMAN

DONALD LOW | DIRECTOR

Serial entrepreneur that has listed 3 companies, with near perfect hit-rate. He was the founder of a startup that was the first investee-company in SEA of a Softbank associate.

26 years experience in Accenture, including as Managing Partner of Asia and head of its global venture fund. Board members of various including Lotus Sports Cars, Tanjong, AmBank etc.

Former securities regulator in Hong Kong. Involved in GLCs of Malaysia as former executive at KUB & Financial Advisor to Pos Malaysia. Was also CEO of London-listed resource company with GBP60m profit annually.

PETE KELLOCK ENTREPRENEUR-IN-RESIDENCE

YEN-LU CHOW DIRECTOR OF INCUBATION

Former CEO of Muvee, one of SEA’s most successful software companies that shipped more than 100m copies worldwide. Co-invented new category of automatic video editing.

Award-winning Distinguished Scientist at Apple. Was also Venture Partner at Venture TDF. BS and MS degrees from M.I.T.

STELLAR TEAM WITH WINNING TRACK-RECORD

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KIN-WAI LAU | CEO

Founder and Managing Director

REGIONAL VOICE AND MOBILE SOFTWARE SPECIALIST THAT HAD MANY BLUE-CHIP CLIENTELE INCLUDING AIRASIA, MAXIS, CELCOM, AND MORE

Listed on ACE Market of Bursa Malaysia (0050)

Raised 2 prior VC rounds from Techpacific (Softbank associate) and Mayban Ventures

IPO 178x over-subscribed, peak market-cap of USD30m

Executive Chairman

REGIONAL DIGITAL MEDIA OPERATOR WITH OPERATIONS IN SINGAPORE, MALAYSIA & HK IN GAMES PUBLISHING AND AD-NETWORKS

Listed on ACE Market of Bursa Malaysia (0018) Peak market-cap of USD20m

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YEN-LU CHOW | DIRECTOR OF INCUBATION

DATO LARRY GAN | CHAIRMAN

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Venture Partner
WAS VENTURE PARTNER @ THE
FAMED VC WITH OPERATIONS
IN SINGAPORE AND CHINA
Early investor in Alibaba
Apple Inc
- USD 659b peak market cap
Distinguished Scientist and Chief Speech
Scientist @ Apple
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Founding Director
ASIA’S NO.1 ONLINE
REAL-ESTATE PORTAL
Listed on ASX (IPP)
Peak market-cap of AUD700m
Chairman
DIGITAL MEDIA SPECIALIST
Listed on ACE Market of Bursa
Malaysia (0173)
Peak market-cap of USD60m
Director
GRAPHENE TECHNOLOGY
SPECIALIST
Listed on London AIM (GRPH)
Peak market-cap of GBP50m
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STELLAR TEAM WITH WINNING TRACK-RECORD

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PETE KELLOCK | ENTREPRENEUR-IN-RESIDENCE

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DONALD LOW | DIRECTOR

Founder and CEO

PIONEER IN AUTOMATIC VIDEO EDITING, LICENSING TECHNOLOGY TO LG, SAMSUNG, ETC

Private company with positive cashflow

Shipped 100m copies of sofware

AN INVESTMENT HOLDING COMPANY LISTED ON THE MAIN MARKET OF BURSA MALAYSIA

Operates in the core business of Information, Communications & Technology (ICT), Property, Engineering & Construction, Agro, Food-Related and Energy Industries.

First Chinese Internet company to reach valuation above USD1b

LONDON-LISTED RESOURCE COMPANY, WHICH PRODUCE PALM OIL AND RUBBER.

Developed 42,200 hectares of mature oil palm at 13 plantations across Indonesia and Malaysia

678 hectares of established rubber plantations.

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OUR PORTFOLIO OF INVESTMENTS

CURRENT PORTFOLIO OF INVESTMENTS - INVESTMENT BREAKDOWN

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8.3%
IoT devices
25%
16.7%
Social Media
Cloud & SaaS
INVESTMENT
BREAKDOWN
25%
25%
e-Commerce
Mobile Games
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CURRENT PORTFOLIO OF INVESTMENTS - GEOGRAPHICAL DISTRIBUTION

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SINGAPORE INDONESIA MALAYSIA AUSTRALIA
58.3% 25% 8.3% 8.3%
7 INVESTEES 3 INVESTEES 1 INVESTEE 1 INVESTEE
1 EXIT
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CURRENT PORTFOLIO OF INVESTMENTS - SELECTED INVESTMENT HIGHLIGHT

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No.1 insurance online portal of Indonesia.

Mission: to revolutionize how insurance is sold in Indonesia

Currently partnered with 16 insurers to offer various general insurance products online

Market potential:

• 60m auto-vehicles (insurance not yet compulsory)

• Health insurance at its infancy

Received investment from strategic financial group Batavia Prosperindo

CURRENT PORTFOLIO OF INVESTMENTS - SELECTED INVESTMENT HIGHLIGHT

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One of Singapore’s top ecommerce sites

Full-stack A-to-Z online fashion retailer

Recently received USD1.5m investment from US based VCs and other investors

Continuous strong growth ( 130% last financial year )

Expanded to Malaysia and Indonesia

INVESTMENT APPROACH

Equipped to identify, invest and help build successful Internet ventures through comprehensive capabilities.

MENTORSHIP & ADVISORY

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Experienced team consisting of successful serial entrepreneurs INSTANT REGIONAL REACH

Offices with local personnel in Malaysia, Indonesia, Singapore, Thailand & Australia

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THE FATFISH CAPABILITIES

CORPORATE FINANCE

In-house corporate finance teams to assist IPO or M&A strategy

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DEAL-FLOW ACCESS

Strong network and partnership Accelerators, VCs in the region

ECO-SYSTEM ACCESS

Visibility of branding in startup eco-systems throughout ASEAN and Asia

CAPITAL MARKET ACCESS

Experienced in executing IPOs across Bursa Malaysia, ASX, SGX, HKSE, IDX

OPPORTUNITIES

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INTERNET PENETRATION COMPARISON (2013) DISTRIBUTION OF INTERNET USERS (2014)
INTERNET USERS POPULATION
36%
350 74.6M
350
250
200
150 26%
7.69M
100
66% 82%
50 20.1M 19.4M
0
M’sia Thai Indo Aus
Internet penetration rates exponentially Almost half of the world’s Internet users come from
growing in Southeast Asian countries Asia, driven by smartphone adoption.
Source: Internet World Stats 2013 Source: Internet Live Stats 2014
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OPPORTUNITIES

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SMARTPHONE PENETRATION RATE SOUTHEAST ASIA E-COMMERCE SET TO BOOM
NON SMARTPHONE SMARTPHONE
54m$ 22m$
23% 20%
77% 80%
Indo M’sia
32m$ 17m$
25%
51% 49%
75%
(2013)
Thai Aus
The Market for online shopping in Southeast Asia could be worth
Smartphone users in $21.8 billion, a new UBS report says.
immediate markets: 125m$
In China, e-commerce currently accounts for 8% of retails sales
Source: Nielson, 2013 / Wikipedia, 2015 Source: UBS
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RECENT DEVELOPMENTS

OCT 2014

Jan 2015 Mar 2015

Exit from dating app startup LOLA within 6 months of investing. LOLA was acquired by Lunch Actually Group, the largest match-making and dating service provider in Southeast Asia

1:1 FFG Options (ASX:FFGO) @ A$0.01 , exercise price of AUD0.22 . FFGO traded at a high of A$0.048 at debut.

Announced spin-out mobile games company iCandy Interactive to seek IPO on ASX. Subject to shareholders and authorities’ approvals , FFG plans to distribute A$5.3m worth of iCandy shares to shareholders in-specie.

MARKET VISIBILITY

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MARKET VISIBILITY

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SUMMARY

1. ELEVATOR PITCH

2. BUSINESS MODEL

Seed-to-exit investment strategy and value creation to enhance investment

4. MARKET OPPORTUNITY

Southeast Asian Internet Market 5-7x bigger than Australia

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Invests in internet businesses of Southeast Asia / Australia

3. CREDIBILITY

Selected by the Singapore & Malaysian Governments as co-investment manager

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5. TRACTION

12 investments, 1 exit

6. DISRUPTION MODEL

Engineering own exit strategy - Assist investees to IPO through Corporate Advisory Division

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7. WHAT’S NEXT

• Grow portfolio of investment • IPOs of investee companies

SUMMARY

CREATING SHAREHOLDER VALUE AND CHAMPIONING INNOVATION

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THANK YOU

CORPORATE PRESENTATION