STRING METAVERSE LIMITED — Investor Presentation 2026

May 25, 2026

STRING METAVERSE LTD.
A Web3.0 Enterprise
Date: 25-05-2026

To
BSE Limited,
20th Floor, P.J. Towers,
Dalal Street, Mumbai – 400 001.

Dear Sir/Madam,

Sub: Investor Presentation.

Ref. String Metaverse Limited (formerly known as Bio Green Papers Limited) (“The Company”):
Symbol: META, Scrip Code: 534535

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation of the Company.

The aforesaid Investor Presentation of the Company is also accessible on the Company’s website at https://www.stringmetaverse.com/

Thanking you,

Yours faithfully,

For String Metaverse Limited
(Formerly known as Bio Green Papers Limited)

MEDAM
CHOWDA REDDY
M. Chowda Reddy
Company Secretary & Compliance Officer

String Metaverse Limited
(Formerly Known as Bio Green Papers Limited)
Registered Office Address: Sy.No 66/2, Street No.03, 2nd floor, Rai Durgam, Prashanth Hills, Nav Khalsa,
Gachi Bowli, Dargah Hussain Shahwali, Golconda, Hyderabad- 500008, Telangana, India, 500008.
CIN:L62099TG1994PLC017207 | Ph: 040-2939-0760 | Email:cs@stringmetaverse.com | Web:www.stringmetaverse.com

---

String Metaverse Ltd

BSE: META

FY26 Presentation

Every Interaction is a Transaction

Tokenizing the largest cash flow engine on the internet - Gamers, Creators, Influencers, Streamers.

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

Safe Harbor

⚠️ This presentation has been prepared by String Metaverse Limited solely for the purpose of providing information related to the Company's capital expansion. This Presentation is not and should not be construed as an offer, solicitation, invitation, or recommendation to buy or sell any securities of the Company, nor shall it form the basis of or be relied upon in connection with any contract or investment decision.

The information contained in this Presentation has been compiled from sources believed to be reliable and from data internally generated by the Company. However, the Company makes no representation or warranty, express or implied, as to the accuracy, completeness, reliability or fairness of the information and opinions contained herein.

This Presentation contains forward-looking statements regarding the Company's business strategy, future operations, financial condition, plans, and objectives. These statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those described.

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

String Metaverse – FY26 Annual Highlights

• RevenueGrowthFY26: Achieved ₹1,076.55 Cr revenue, up 163.72% YoY from ₹408.22 Cr in FY25.
• EBITDAFY26: EBITDA rose 189.50% YoY to ₹121.88 Cr, reflecting exceptional operational leverage.
• Profit Expansion: PAT surged 190.89% YoY to ₹102.53 Cr, reflecting strong bottom-line growth.
• Ecosystem User Milestone: Crossed 5 million users across the String ecosystem.
• DeFi & Tokenized Assets: DeFi and tokenized asset volumes surpassed $220+ Million on Solana Chain (Raydium).
• Derivatives Trading: Achieved $4+ Billion in derivatives volume on centralized (CEX) exchanges.
• Bills on Chain: Launched Phase 1 of the Bills on Chain partnership with Hedera Blockchain, tokenizing bills on-chain.
• String Pay X Card: Introduced the String Pay X virtual crypto-backed debit card in partnership with Visa, with access across 150+ countries.

---

STRING METAVENSE LTD
A Web 3.0 Enterprise

Annual Growth Performance: FY26 vs FY25 (YoY)

| REVENUE FROM OPERATIONS

↑ +163.7%
₹1076.55cr

FY25: ₹408.21 Cr | OPERATING EBITDA

↑ +189.50%
₹121.88cr

FY25: ₹42.08 Cr | PROFIT AFTER TAX (PAT)

↑ +190.89%
₹102.53cr

FY25: ₹35.24 Cr |
| --- | --- | --- |

---

Q4 FY26 delivers ₹365.42cr revenue and ₹34.71cr PAT - The strongest quarter omn recod, with full year FY26 revenue reaching ₹1076.55cr and ₹102.53cr PAT

---

[50% YoY Revenue Growth] + [10.3% PAT Margin] = [60.30%]

The Rule of 40 is a guiding principle for evaluating the health and growth potential of companies, stating that a company's combined revenue growth rate and profit margin should equal or exceed 40%.

For FY26, String Metaverse delivered 50% YoY revenue growth and a 10.3% PAT margin, resulting in a Rule of 40 score of 60.30% — 1.5x the SaaS benchmark.

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

Leadership Team

Ganesh Meenavalli

Managing Director

BA Finance & Banking, Head of Global Operations & heading digital asset advisory, String Ventures & Esports Division.

Dr. Raghavendra Hunasgi

Chief Executive Officer

Serial entrepruner, Co-founder of Unicorn Web3 (Zeebu), Top 100 CMO's in the world, Best selling author, Investor, and Global speaker.

Santosh Althuru

Executive Director

BA Finance & Investment, Natural Business acumen, Expert in Financial Analysis & Risk Management, Head of Operations & heading product development in India.

CA Hemant P Vastani

Chief Financial Officer

A seasoned Chartered Accountant and GST expert with over three decades of diverse experience across both industry and professional practice.

Krishna Meenavalli

Executive Director

MS in finance, 2+ years in quant modelling, High Frequency trading, Head of UAE operations, market making & AI Commerce.

Lingam Murthy Gaddi

COO & Technology Architect

20 years experience in low latency C++ programming, implemented highly scalable HFT architectures for Singapore Exchange (SGX), NSE, ICE, NASDAQ, & TOCOM. Currently, he is heading High Frequency Trading & implementing scalable solutions.

---

STRING METÁVERSE LTD
A Web 3.0 Enterprise

Licensed and Regulated Across Key Global Hubs

Canada

• String Pay X LTD
• Canada MSB Banking License

UAE (IFZA Free Zone)

• Kling Digital Assets PVT LTD
• String Esports, RWA Tokenization

UAE (Dist. Al Butten)

• String DePIN & AI, String Digital Assets
• Blockchain node operation, Treasury Management

Hong Kong

• String Fintech HK PVT LTD
• Game Dev, Blockchain Dev, Web 3.0 Ad Network

Singapore

• String Digi Tech PTE LTD
• Web3.0 Ad Network, Blockchain Validation Nodes

India

• String Metaverse LTD, Fintech PVT LTD, Forex PVT LTD
• Back office, Software Dev

United Kingdom

• Fans On Chain
• 50% Subsidiary

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

A Financial Operating System to Monetize the On-Chain Economy

We turn tokenized assets, Web3 infrastructure, and gaming attention into a seamless flow of liquidity.

Gaming Attention $\rightarrow$ Liquidity

Tokenized Real World Asset (RWA)

Web3/ Blockchain Infra

HFT

Global Payment Rails

---

STRING METAVERSE LTD

A Web 3.0 Enterprise

We Solved Web3's Biggest Problem: Distribution.

5.2M+

Active Users

We expect to reach 10M user base by

The Market Opportunity:

Total Global Gamers: 3 Billion

Projected Web3 Gamers by 2028: 100-150 Million

We have a massive runway for growth and a proven, capital-efficient engine to capture it.

The Unfair Advantage

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

On-Chain Validation: The Model is Live and Profitable at Scale

Tokenized Assets - Total Volume

$220 Million+

Cumulative on-chain volume across all IDLE tokenized asset pairs

Average Daily Volume

$1.2–1.3 Million

Sustained Daily Trading Activity across all IDLE pools

Tokenized Asset

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

Idle Walk: Turn Daily Steps Into IDLE Token Rewards (Q4 Launch)

The Concept

A walk-to-earn mobile game that rewards users with IDLE tokens for hitting daily step goals.

Players compete on weekly and monthly leaderboards for bonus rewards...

How Players Earn

1. Hit Daily Step Goals
   (Earn IDLE each day)

2. Climb the Leaderboard
   (Compete weekly & monthly for top-rank token rewards)

Monetization Engine

IAP Boosters
One-off in-app purchases that temporarily multiply step rewards.

Idle Pass Subscription
Monthly subscription unlocking premium earning rates & perks.

---

String Pay X: The Macro Bridge Between Web3 and Global Finance

The Web3 Payment Gap

The Paradox:

$1.2B+ <1%

Global Crypto Users Use Crypto for Daily Payments

The Friction:

Users face complex off-ramping conversions, high withdrawal fees, and near-zero direct merchant acceptance. Liquidity is trapped on-chain.

Bridging On-Chain to Off-Chain

Consumer Crypto Cards (Powered by VISA)

Spend stablecoins/tokens instantly. No manual pre-sale required. Physical and virtual.

Multi-Currency IBANs

Dedicated banking accounts linked to crypto wallet. Store/transfer fiat alongside digital assets.

Immediate Market Impact: 5.2 Million confirmed users waiting for Q2 2025 activation — a built-in community demanding an immediate banking bridge.

---

String Pay X: Seamless Integration of Crypto & Global Commerce

The Frictionless User Flow

1. Deposit
   Move crypto into secure String Pay X wallet.

2. Instant Utility
   Funds immediately available via Visa network.

3. Global Access
   Tap-to-pay via Apple Pay/Google Pay worldwide.

The Financial Unification Matrix

Capability	Traditional Exchanges	Traditional Banks	String Pay X
Direct Trading	Yes	No	Yes
Multi-Currency IBAN	No	Yes	Yes
Direct Spending Power	No	Yes - Fiat Only	Yes - Fiat & Crypto

Smart Spend Management

• Budgeting: rigid limits
• Restrictions: merchant/category locks
• Bank-Grade Security: instant freeze, compliant custody

---

Bills on Chain × Hedera (Tokenizing everyday bills on the Hedera blockchain)

Snap & Upload:
Photograph any bill or receipt.

AI Verify:
OCR + ML extract and validate details.

Earn IDLE:
Token rewards drop into the user wallet.

Anchor On-Chain:
Zero-knowledge hash committed to Hedera.

Google

TATA

TATA COMMUNICATIONS

IBM

NOMURA

FedEx

---

STRING METAVERSE LTD
A Web 3.0 Enterprise

Powering the next era of agentic AI at scale.

100 MEGAWATTS

(Planned dedicated compute capacity)

String Metaverse is planning a 100 MW AI Data Center... By owning dedicated compute, String Metaverse can scale independently, control costs, and capture the infrastructure layer that underpins the emerging agent economy.

"Agentic commerce isn't priced in yet. Machine-to-machine payments will increase demand for the digital dollar... The agentic economy could be larger than the human economy." — Brian Armstrong, CEO, Coinbase

---

Investor Relations & Company Contact

• M. Chowda Reddy, Company Secretary
• cs@stringmetaverse.com
• +91 90004 21290
• www.stringmetaverse.com

STRING METAVERSE LTD
A Web 3.0 Enterprise
© 2026 String Metaverse Ltd. All Rights Reserved.