Digital Solutions For RemittancesS-F Global Holding LLC “A Sustainable Social Impact Company”

Dr. Raul Hinojosa — Chairman and CEO

MOBILE WALLET

SEND MONEY

MY ACCOUNT

TABLE OF CONTENT

➤ Pakistan Situation (3)

➤ About S-F Global Holding LLC (4-5)

➤ Digital Solutions For Remittances (6)

➤ A Game Changer (7)

➤ Propriety Solution (8)

➤ Solutions For Pakistan (9-11)

➤ 3-Stage Process For Implementation (12)

➤ Benefits of S-F Global Holding LLC — Pakistan (13-14)

➤ S-F Global Holding LLC — Partners (15-16)

➤ Financial Projections (17-18)

➤ Conclusion (19)

➤ Additional Contents (20-39)

➤ Forex Remittance by Expats 7% of

GDP, over $20 USD billion

➤ Potential for Higher Forex Earnings

not fully realized due to private or

unauthorized money transfer

practices i.e, Hawala (Hundi).

➤ New technology solutions enhance

Ease of Operations, Quick Payouts.

making Non-Banking channels less

attractive.

➤ Digital remittances opens up new

world of cross border financial

services to overseas Diaspora

3

Pakistan Situation

➤ A social empowerment innovation

company.

➤ Focuses on development and

implementation of innovative Low-

Cost, Secure and Accessible

Financial Services for immigrants

and people in home countries who

otherwise would not have access to

banking services.

About S-F GlobalHolding LLC

4

Best Prepaid Innovation

2014

Award Winning S-F Global Holding LLC

2013: NYU Wagner School of Public Policy The Center for an

Urban Future Awarded For Oakland City ID Prepaid

MasterCard®

2012: United States White House

Champion of Change Awarded for

“Connecting the Americas”

CHAMPION OF CHANGECEO - DR. RAUL HINOJOSA

2012

2014: Innovation Project (pymnts.com)

@ Harvard University Awarded For

Oakland City ID Prepaid MasterCard®

Top InnovativePolicy Solution

2013

5

➤ Legal banking channels through a technology

platform for low cost financial inclusion for

the financially and technologically challenged.

➤ Gold standard of Anti-Money Laundering

(AML) & Know Your Customer (KYC)

regulations.

➤ Elimination of Hawala (Hundi) intermediaries.

➤ Bank-To-Bank transfer for Unbanked /

Underbanked.

➤ Data-Driven: Will eventually target Sender &

Receiver with Investment Opportunities in

Pakistan.

➤ Mobile Wallet for Banked & Unbanked

Remittance Receiver.

Digital Solution For Remittances

6

➤ A Game Changer in Global Financial Inclusion & Transnational

Remittance Market.

➤ Developed a Solution for Free Banking Low-Cost Global

Remittances Through:

➤ Free Bank / Debit Account MasterCard® through full

legally compliant US banking channels for the financially

challenged population.

➤ Remittances via Online / Mobile Technology Platform for

Low-Cost Financial Inclusion from SF Global Debit or any

other US Bank Account.

➤ Anti-Money Laundering (AML) & Know Your Customer (KYC)

Technology Platform.

➤ Bank-To-Bank & Bank-To-Cash transfer in 140 countries for

Unbanked, allowing for Elimination of Store Front, and Hawala

Intermediaries.

➤ Mobile Wallet Sender & Receiver

➤ Future-Oriented Technology Platform for Artificial Intelligence,

Blockchain and Data Analysis

A Game Changer

7

➤ In use in Mexico through “Contigo”

brand for remittance from USA.

➤ “Contigo” being used for

remittance in Partnership with

Mexican Federal and State

Governments and with the largest

banks and credit unions in Mexico.

➤ In US, provider of ID Debit Cards in

partnership with local

governments.

Propriety Solution

8

9

S-F Global Holding LLC

Solutions For Pakistan

➤ Saving of remittance fees (1-2% of

amount send)

➤ Higher Foreign Exchange Rate than all

Competitors.

➤ Ease of Transaction: at Home via mobile

phone, not visiting agent with cash.

➤ Avail portion of Money Transfer Fees

$200M-$400M per year.

➤ SFGP Ownership of Pakistani Money

Transfer Company.

➤ Capture Freelances Remittances—Billion

Dollar Market.

➤ Remittance to grow significantly.

Benefits of S-F GlobalHolding LLC - Pakistan

10

➤ SFGP, a Sustainable Social Impact

Company, with Pakistani nationals as

shareholders and with the full support

from Pakistan’s Tehreek-e-Insaf led

government is committed to offer.

➤ Low Sending Fees & Higher Foreign

Exchange Rate.

➤ Expatriates enable both Sender and

Receiver to get more money than they

are receiving now, thus enhancing

foreign currency reserves.

➤ Digital remittances opens up new

world of cross border financial

services to overseas Diaspora

Benefits of S-F GlobalHolding LLC - Pakistan

11

➤ S-F Global Holding LLC - Pakistan

issues private label MasterCard®

Debit Card (MCDC).

➤ MCDC enables Check Cashing /

Direct Deposit & Free Banking

services in the USA.

➤ Does not require USA Residency or

Social Security Number.

➤ Only requirement is valid

government issued ID or Pakistani

Passport & USA based address.

➤ FREE USA Bank Account! No monthly

or annual fees

Solutions For Pakistan

12

➤ Introduce “Digital Challenger Bank” (DCB) in cooperation

with the Government of Pakistan to incentivize Pakistani

Diaspora to use formal legal channels for sending money

back home.

➤ Make digital banking channels cost effective and hassle-

free for Pakistani expatriates through a private label

MasterCard® Branded Debit Card (MCDC) and Mobile App.

➤ Minimize cost of sending money by eliminating Transfer

Fees / Agent Fees of traditional money transfer system.

➤ Maximize Forex Rates the expatriates receive.

➤ Introduce “Holistic” marketing for sending remittances in

collaboration with CWAs (Community Welfare Attaches),

OPF (Overseas Pakistani Foundation), Etc.

➤ Create Remittance “Gateway” Digital National Remittance

Bank in cooperation with the NBP & SBP.

Solutions For Pakistan

13

➤ Partnership with leading Financial Services to offer

the best in market products to End-Users.

➤ Partners:

➤ Metropolitan Commercial Bank of New York

➤ I2C: a Redwood City, CA based Global Payment

Processor Leader, offers a wide range of Core

Banking Services, Processing and Mobile

Platform—Innovative Turn-Key Services.

➤ Viamericas: One of the Top 3 Remittance

Companies, who offer a Global Payout Network.

Competitive pricing and End-To-End Compliance

14

S-F Global Holding LLCPartners

➤ Metropolitan Commercial Bank of

New York, national leading issuer of

Pre-Paid Debit MasterCards,

including SFGH ”Contigo” program.

➤ I2C is the processing partner to the

SFGH “Contigo” program,

recognized by MCB as premier

processor partner.

➤ I2C operates in 50 countries

including North and Latin America,

Europe and Asia. Processed over

$12B Transactions in 2016.

➤ Offers SFGH Processing Services,

Call Center & Mobile App Service.

15

S-F Global Holding LLCPartners

➤ Stage 1:

➤ Set-up Technology Platform.

➤ Create Online Remittance Portal & Mobile

App.

➤ Undertake Marketing Campaign.

➤ Issue Private Label MasterCard® Branded

Debit Card to overseas Pakistanis.

➤ Stage 2 (After successful launch in USA):

➤ Initiate in UK, EU & GCC countries.

➤ Stage 3:

➤ Launch SFGP in Asia and Australia—

concentration of Pakistani Expatriates

areas.

3 Stage Process ForImplementation

16

Financial Projections

17

FINANCIAL PROJECTIONS

18

SFGH Financial Projection for Pakistan Contigo (without taking into account marketing expenses)

Breakeven (month 08) 6 months 1 year 2 years

cumulative # of active users 13,523 7,774 28,008 83,763

cumulative total revenue $808,536 $361,764 $2,469,367 $15,242,136

cumulative total expense $769,920 $419,079 $1,962,709 $10,204,591

cumulative net revenue $38,616 $(57,315) $506,658 $5,037,545

Assumptions: attrition increases monthly; number of new applications grows by 1,000 monthly

SFGH Financial Projection for Pakistan Contigo (taking into account marketing expenses)

Breakeven (month 08) 6 months 1 year 2 years

cumulative # of active users 40,000 30,000 60,000 120,000

cumulative total revenue $3,328,200 $1,933,200 $7,234,200 $27,880,200

cumulative total expense $3,273,290 $2,078,010 $6,447,553 $22,101,711

cumulative net revenue $54,910 $(144,810) $786,647 $5,778,489

Assumptions: attrition is 0; number of active account grows by 5,000 monthly

SFGH Financial Projection for Pakistan Contigo (without taking into account marketing expenses)

SFGH Financial Projection for Pakistan Contigo (taking into account marketing expenses)

➤ SF Global through its own suite of

Mobile Based Products and

Partnerships has developed a

Financial Ecosystem to serve the

Under-Banked population across

the United States.

➤ Pakistan MasterCard® Debit Card

Program will gain large portion of

the remittance market through its

Superior Expandable Technology &

Services.

SFGH Technology

19

ABOUT MASTERCARD®

➤ MasterCard® is the leading global payments and technology company that connects

Consumers, Business, Merchants, Issuers and Governments around the world.

20

MASTERCARD® FEATURES

➤ MasterCard® Prepaid Debit Card with Remittances via Mobile App will be issued and marketed for

the General Population in the US.

➤ The focus will be on Pakistani, immigrants, and underserved and underbanked.

➤ Features:

➤ Mobile App (iPhone & Android).

➤ Remittance to over 140 countries.

➤ Free Checking Account.

➤ Free Direct Deposit.

➤ Free Remote Deposit.

➤ Accepted everywhere MasterCard® is accepted (online or store).

➤ Low Cost cash withdrawal at ATMs across US.

➤ Bill Payment.

21

APPS & WEB — S-F GLOBAL HOLDING LLC

22

APPS & WEB — S-F GLOBAL HOLDING LLC

23

CUSTOMER DATA ACQUISITION - CHANNEL RE-MARKETING

24

TECHNOLOGY - SMART LEAD FORM APPLICATION PROCESS

25

TECHNOLOGY DATABASE OF CUSTOMER INFORMATION

26

TECHNOLOGY 6-STEP REAL-TIME FUNNEL

27

SFGH DATABASESMAINTAINED WITH PARTNERSHIP WITH UCLA NAID

CENTER

COMPARISON-BANGLADESH, CHINA, MEXICO, PAKISTAN

➤ Gross National Income (GNI) per Capita in PPP Dollars.

➤ Employment in Agriculture (% of Total Employment) — (Modeled ILO Estimate).

➤ Employment in Industry (% of Total Employment) — (Modeled ILO Estimate).

28

GNI PER CAPITA IN PPP DOLLARS

➤ Gross National Income Comparisons

➤ Bangladesh: 4,040 PPP Dollars (2017).

➤ Pakistan: 5,830 PPP Dollars (2017).

➤ China: 16,760 PPP Dollars (2017).

➤ Mexico: 17,740 PPP Dollars (2017).

➤ United States: 60,200 PPP Dollars (2017).

29

GNI PER CAPITA IN PPP DOLLARS

30

Source: the World Bank, 2018. Note: United States not shown on the chart

EMPLOYMENT IN AGRICULTURE (% OF TOTAL EMPLOYMENT)

31

Source: the World Bank, 2018. Note: United States not shown on the chart

EMPLOYMENT IN INDUSTRY (% OF TOTAL EMPLOYMENT)

32

Source: the World Bank, 2018.

URBAN POPULATION (% OF TOTAL)

33

Source: the World Bank, 2018.

POPULATION 2017

➤ Bangladesh: 164.7 Million.

➤ China: 1,386 Million.

➤ Mexico: 129.2 Million.

➤ Pakistan: 197 Million.

34

MIGRATION

➤ Bangladesh—Outmigration: 7,796,958 (2017).

➤ China—Outmigration: 10,060,253 (2017).

➤ China—Internal Migration: 277,500,000 (2015).

➤ Mexico—Outmigration: 11,881,712 (2017).

➤ Pakistan—Outmigration: 6,098,502 (2017).

35

PERSONAL REMITTANCES, RECEIVED (CURRENT US$) (2017)

➤ Bangladesh: 13.498 Bilion.

➤ China: 28.666 Billion.

➤ Mexico: 32.271 Billion.

➤ Pakistan: 19.689 Billion.

36

PERSONAL REMITTANCES, RECEIVED (CURRENT US$)

37

Source: the World Bank, 2018.

FINANCIAL INCLUSION— NATIONAL SCORES

38

FINANCIAL INCLUSION — PAKISTAN SCORE

39