Norwegian Block Exchange AS

Investor Presentation • Dec 14, 2021

nbx.com

Vision:

Be the preferred choice to digital finance for everyone

Mission:

To create an easy-to-use trusted platform to participate in the new world of digital assets.

nbx.com

• New User-Interface

• Regulated infrastructure for digital asset markets an custody
• Only digital asset platform in Scandinavia with NOK, SEK, DKK and EUR
  • Growing customer base in the nordics and continetal Europe 42.000
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Organisation nbx.com

nbx.com

Marketplace

Digital assets:

Fiat currencies: Norsk krone (NOK) Euro (EUR) Svensk Krone (SEK) Dansk Krone (DEK)

Digital assets: Bitcoin (BTC) Ethereum (ETH) Cardano (ADA) Cache Gold Token (CGT) USDcoin (USDC) Chainlink (Link) Matic (Matic) Uniswap (UNI)

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Personlized service

• Larger transactions
• Supports hundreds of tokens and coins
• Supporting documents for banks on screening
• Help with custody

2021 | December

OTC - Trading

2021 | December

Stake pool

• Aquired Stake pool operator ADA NORTH POOL in November 2021
• Validating transactions on the Cardano blockchain network
• Currently 9.4 M ADA delegated to pool
• Expanding offering and product integration 2022

• NBX keeps >95% of the customers digital assets in cold storage through Ledger Vaults custody solution
• Digital assets in custody are covered by Ledger Vault Pooled crime insurance program for up to \$150 million led by Arch UK Lloyds of London syndicate

Custody

• App
• The Nordics
• More coins and tokens
• Staking
• Ecommerce
• Banking license

Exchange

Allow customers to trade cryptocurrencies and tokens for other assets or to trade between different digital currencies

Savings

Opportunity to invest and save in alternative asset classes through staking and tokens

Credit

Offering clients leverage of digital asset investment portfolios

Payment Secure and seamless payments in cryptocurrencies

Custody / Wallet Storage of digital investment assets with complete trust

Tokenisation

Make new asset classes available for investment

Trading Trading in digital asset classes

• Competitive advantage through technology and innovation
• Best possible stability, performance, security and flexibility has been our requirements from the very beginning
• Fast and secure onboarding
• Best in class anti-money laundering systems
• Everything in the cloud
• Ready to perform for traders, investors and consumers
• Ready for scale we can take on a lot of customers
• We can develop new products fast
• Flexible microservices architecture
• No need for legacy systems
• The complete IP is owned by NBX
• The platform is built and operated by our own team
• NBX has made the bet, the investment and has succeeded in building a platform using cutting edge technology most companies only dream of

2021 - Q4:

NBXchange: Add more pairs. NBXharvest: Launch of staking product. This allow customers to earn passive income on selected crypto currencies

2022 - Q1:

NBXcommerce: Launch of NBXcommerce, which will be an e-merchant payment solution allowing ecommerce players to accept cryptocurrency as payment method. The payment solution will be integrated with the exchange, allowing instant conversion to fiat currencies traded at the NBX platform, e.g. EUR, SEK, DKK, NOK. Launch of NOK stablecoin and support for more cryptocurrencies.

2022 - Q2:

Banking license: Submit application of banking license to the NFSA. NBXharvest: Launch of lending and borrowing products.

Growth nbx.com

Stats end of November 2021

• 1,160M NOK in trading volume since inception
• 1,070M NOK in trading volume in 2021 alone

Stats end of November 2021

• 40,400 members signed up
• 16,000 Customer fully-onboardet

10000

15000

20000

25000

30000

35000

• Strong financial growth
• Result colored by being a start-up company
• Financial income mainly from market making and crypto inventory
• Expenses mainly driven by increased workforce to build the foundation for future growth

	03 2021	03 2020	lancelli	FORSED 2017	207
Operating Income	1815	199	5 431	ל ל	1
Operating Expenses	17 116	6377	32 756	16 891	24 91
Operating profit	- 10301	- 6 174	- 27374	- 16 646	- 23 91
Financial income	6310	10	8513	-68	1
Net profit		- 4 769	- 14673	- 13 037	-1793
FRIT	-3 562	- 6 062	- 17 345	- 16 576	-23 64
FRITDA	- 3 969	-6 114	- 18 743	- 16 715	-27 70
Fixed assets	61 453	43 714	61 453	43 714	50 24
Current assets	39 051	7 847	39 051	7847	59 54
Total assets	100.504	51 561	100 504	51 561	109 78

Questions