PEPPERMINT INNOVATION LIMITED — AGM Information 2018

Dec 2, 2018

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(ASX : PIL ) Annual General Meeting Corporate Presentation November 2018

Disclaimer

This presentation prepared by Peppermint Innovation Limited (Company) does not contain all the information that a prospective investor may require in connection with any potential investment in the Company and you should not read the presentation or any information in connection with it, as financial advice, financial product advice or advice relating to investment, taxation or legal matters. Nothing in this material should be construed as an offer to sell or a solicitation of an offer to buy securities. It does not include all available information and should not be used in isolation as a basis to invest in the Company.

All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Peppermint Innovation anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. In some cases, forward-looking information is identified by the use of terms and phrases such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and similar terms and phrases, including references to assumptions. Such information may involve, but is not limited to, comments with respect to expectations, planned operations or future actions. These forwardlooking statements are based on currently available information as of the date of this presentation but are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking information. The forward-looking information contained in this presentation is expressly qualified by this cautionary statement and no representation or warranty express or implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved.

A number of risks, uncertainties and other factors could cause actual results to differ materially from the results discussed in the forward-looking information, including, but not limited to, the following: risks associated with reliance on key personnel; financial health of Peppermint Innovation and its related cash flows; general industry and market conditions and growth rates; legislative and regulatory developments; general economic conditions and levels of economic activity; global financial conditions; financing risks; degree of competition in the industry; risks associated with the development of projects; changes in employee relations; and control of costs and expenses.

Forward-looking information reflects Peppermint Innovation’s current beliefs and is based on information currently available to Peppermint Innovation and on assumptions it believes to be reasonable. The forward-looking information is made as of the date of this presentation and Peppermint Innovation assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future.

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Corporate summary

ASX:PIL
Listed shares:	983,582,463
Performance shares:	100,000,000
Total ordinary shares:	983,582,463
Share Price:	A$0.016
Market Capitalization:	A$16m
No. of Shareholders	1,193
Top 20 Shareholders	50.09%

12 month price movement

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	Strategic Equity at a Premium	Strategic Equity at a Premium
$	Price	Commenced	Concluded
1,000,000	2 cents	November ’17	February 18’
1,000,000	3 cents	April ’18	August ’18
1,500,000	2.5 cents	November ‘18

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Board and leadership team

Christopher Kain Anthony Kain Managing Director Executive Director & CEO & Acting Chair

Matthew Cahill NED & Technical Consultant

Leigh Ryan Michael van Uffelen NED Chief Financial Officer

Board Advisory Col Chandler Strategic advisor Gayle Clifone Compliance

Philippines

David Cook Rosarito Carrillo Country Head of COO & General Operations Manager

Adrian Ocampo CTO & Project Manager

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Company overview

• Financial technology company targeting the global mobile payments market and micro business sector

• Independent Service Provider with a proven and commercially deployed technology platform

• Focussed on Developing World countries and providing services to the un/underbanked and diaspora

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• We provide secure payments, money transfer, banking, eload, ecommerce and micro business services via a mobile phone application

• We provide on-line International remittance money transfer services from Australia to Philippines and India

• We deliver an innovative technology platform solution to facilitate micro enterprise, financial inclusion and consumer convenience

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Philippines ~immediate market focus

103 million People

118 % Mobile penetration

90% Filipinos do not have a credit score

23 Median Age

70% Population unbanked

36% Municipalities have no access to banks

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Achievements
NOV
in the past 12 months
OCT
SEP
JUL
$1.5million
MAY
placement at a
Peppermint
APR premium
registers 5000
MAR Peppermint Bizmoto agents
signs agreement
FEB Bizmoto with EC Pay
partnership with
Peppermint
leading Filipino
launches
Peppermint remittance Peppermint sign
international
placement at company MOU with
Peppermint to remittance services
premium BlockChain
develop app for a to Philippines, Platform
major cooperative mobile app and own Peppermint's
Peppermint rolls
agent network. Bizmoto now
out new upgraded
remitting to India
MB App for
Philippines Bank
Bizmoto micro
enterprise pilot
with TVS
Peppermint
explores AI, Big
data, MB for credit
scoring
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Key growth drivers next 12 months

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Finance / insurance and Bizmoto delivers agent Co-Op and Regional &
remittance operations to network commercial Rural bank technology
support Bizmoto agent programs platform roll out
network and diaspora - e.g pilot program with TVS
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Building a diversified revenue stream

1 Banking Partners

Mobile banking and payments platform / Fast Remittance & IPG with UCPB

Technology Development 4 Cooperative sector platforms CHMF and MASS Specc. PESONet and InstaPay IBFT platforms

2 Agent Network Partner Revenues

Mobile payment and remittance platform with Sante Barley, MyWeps, Metrogas, SunMar

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Target $50 Million
over 4 years
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International Remittance 5 & Bills Payment Australian Business Unit / Bizmoto / Non-bank and Bank delivery channels

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3 PIL Agent Network Base
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Mobile payment and remittance platform with Bizmoto agent & distribution network

New Business

New Business 6 New collaboration agreements plus potential acquisitions to innovate Peppermint’s service offering

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The Peppermint Platform

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Filipinos make around Adults make approx. Valued at
2.5B 64 $US 74B
Payments per month [1] payments per month [1] a month [1]
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1. Source: www.betterthancash.org

2. Source: Ericsson South East Asia and Oceania regional Ericsson Mobility Report

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Bizmoto Agent Network

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A micro-business enterprise opportunity for a mobile agent network Offering micro-business packages on a multi-service enabled mobile phone application Over 7,000 registered agents since end of August 2018

Convenient, secure and accessible services delivered via a mobile interface Peppermint's own agent network utilising our proven technology platform

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Micro enterprise platform

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PAY BILLS MICRO TRAVEL
RIDE
INSURANCE
BOOKING
SHARING
ELOAD & EPIN MICRO
TOP UP FINANCING PAYMENT PRODUCT
SERVCES SALES
MICRO
HEALTH
DELIVERY
SERVICES
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BIZMOTO PHP Bizmoto billers, service providers, and delivery clients are integrated to our technology platform.

BIZMOTO AGENT Agents will be provided with multiservice enabled mobile app and can purchase a motorcycle to assist service delivery

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Payment Services E-Commerce Product Sales Funds transfer Delivery Services

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Ride Share

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Third party agent networks ~White label Peppermint platform

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MyWeps

Agents can offer the mobile payment platform and have a completed a pilot test of mobile remittance services

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Metrogas

Gas delivery personnel can offer this mobile bill payment services to a 60,000 strong customer base

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Sante Barley

Mobile payment platform accessible to over 200,000 local and international agents

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SunMar

Agent mobile payment platform delivered in key regional areas outside of the National Capital Region

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Agent network platform building

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NUMBER OF TRANSACTIONS PER MONTH
October
September
August
July
June
May
500 1000 5000 2000 2500 3000 3500
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TOTAL AMOUNT OF TRANSACTIONS (PHP)

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October
September
August
July
June
May
1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000
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• Soft launch in May

• Transaction value exceeded 21,500,000 Php since launch

• Preliminary social media campaign commenced end of August

 Since August 23 over 7,600 agents registered and climbing

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Technology platform for the Banking and Cooperative sector

• White label mobile banking and payments app commercially deployed with UCPB

• Developed BSP mandated IBFT PESONet and InstaPay platforms for UCPB

• Targeting Regional and Rural banks to deliver BSP mandated IBFT platforms plus mobile payment solutions

• Developed mobile app and web tool for MASS Specc to manage conditional cash transfers

• MASS-SPECC considered one of the largest cooperative federations in the Philippines

• Developed mobile app and web tool for CHMF to automate delivery of health services

• Opportunities with MASS Specc, CHMF and wider Cooperative sector to roll out our mobile banking payments

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BIZMOTO International Remittance

See how it works

www.bizmoto.com.au

Global Market Comparisons

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2007 2012 Launched in Kenya Founded in Malaysia In 2012 Grab taxi app ‘My Teski’

April 2014

2013 Circa US$252 million revenue 17.1 million subscribers

The company secured more than US$10 million in series A funding from Vertex Venture Holdings

Today

2018 Mobile app offers ride sharing, food delivery, logistics services and mobile wallet. Valued at US$6 billion.

Fully integrated mobile financial services platform

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2010 Launched in Jakarta, Indonesia with 20 motorcycle drivers

Mid-2015

One of Indonesia’s most downloaded apps. In its first 14 months, the app logged 100 million transactions.

2018

Over 1 million drivers and offers 18 app-based on demand services. Valued at US$5 Billion.

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2004 Established in HangZhou, by Alibaba

Q4:2016

Alipay had a 54% share of China's US$5.5 trillion mobile payment market, by far the largest in the world

2017

520 million registered users

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2011 Tencent launched the Weixin messaging app. it was later on renamed as WeChat (in 2012)

Q1:2017

Approximately 40% share of mobile transaction value of China’s mobile payment market

2017

Reached 650 million monthly active users

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Our Company In Summary

• Solution for the Developing World

• Established & commercially proven technology platform

• Growing revenue stream & low cost operation

• Experienced Board & leadership team

• Highly productive past 12 months

• Positioned to accelerate commercial application and market penetration

• Scalable business model with global growth opportunities

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Thank You

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