DB1 Ventures Strategic Partner of Choice September 2017 1 - PowerPoint PPT Presentation

DB1 Ventures Strategic Partner of Choice September 2017

1 Strictly Confidential & Legally Privileged Deutsche Börse Group Contents 1 4 Portfolio Companies Mission and Vision 2 5 Core Team Focus Areas and Value Proposition 3 6 Contact Details Our Process

2 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Mission and Vision DB1 Ventures’ vision is to be to be a strategic partner of choice for early to growth-stage Vision companies, which are core or adjacent to DB1 ’s strategy, generate attractive investment returns and add strategic value to DB1 ’s growth plans DB1 Ventures’ will be the “ eyes and ears” of Deutsche Börse Group (DBG) in the venture Mission ecosystem. Focusing in areas of strategic interest to DBG and helping the Group drive innovation  Investments in areas which are core or adjacent to DBG’s innovation (product and Investment technology) agenda and business strategy Strategy  Geographically agnostic  Minority, significant minority or control stakes  Lead and co-participate in investments  Primary focus on early to growth-stage companies  Actively manage investments  Long-term strategy

3 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Focus Areas Core clusters of focus DB1 Ventures invests in the financial market’s • • Fixed Income Blockchain/ DLT underlying infrastructure rails; technologies • • APIs FX • • Equity Cloud expected to transform the existing stack the • • Cybersecurity Commodities • industry operates on (i.e. Blockchain & Distributed • PaaS/IaaS/SaaS Insurance • • Real Estate Data Technology Ledger Technology, Cloud Computing, Security, • … • Indexation AI, Machine Learning and API) as well as capital • • ETF Exchanges • • ESG OTC market applications which are built upon these • • Data Services Trading Technology • • Market Services Other Platforms rails (i.e. New Asset Classes, Trading Venues, • • … Robo-Advisory • … Alternative Capital Formation Venues, Risk & • Crowdfunding Collateral Management, Regulation and • Equity Platforms • Risk Management • Credit Platforms • Cost Management Investment Technology). • Credit Evaluation • Capital Management • Data Support • Regulatory Tools • … ‘‘DB 1 Ventures will only consider investments • … in areas that are core or adjacent to DBG’s strategy’’

4 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Our Value Proposition We do our best to help you scale Scale We provide more than financial capital. Working closely with our product, technology and operations team, we have the ability to help our portfolio companies scale better from a technical and business / client connectivity perspective We connect you to the financial world Network We are at the core of financial markets. From issuers to intermediaries, traders and investors, our clients appreciate our neutrality and the high quality of market services we provide: information, execution, post-trade, risk management and infrastructure Experience We bring the experience and brand of and one of the largest market operators Reputation We manage an integrated Group with inroads to most parts of the financial value chain. We have built a strong brand in the industry, standing for quality, independence, reliability and innovation

5 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Our Process 1 2 3 Approaching us: Business valuation & Investment Committee: db1ventures@deutsche-boerse.com internal commitment: We source opportunities across the Validation of the assumptions and DB1 Ventures Investment Committee approval – jointly led business case in partnership with a ecosystem, both internally and externally. We prioritize growth stage business, product / technology by the DB1 Ventures Investment companies operating within our champion, in addition to the DB1 team and business sponsor. strategic clusters of focus (early / seed Ventures team. opportunities only considered on an Outline and agree terms of a possible exception basis). The following key Affirmative approval will initiate a questions are paramount when investment with relevant stakeholders formal investment process and evaluating opportunities: (company, co-investors, other completion of confirmatory stakeholders). diligence, terms and documentation. • What is the product / business value proposition and how does it differ from existing solutions? • Does the investment have the ability to create a strategic and financial impact for DBG? • How can DBG add value specifically?

6 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Investments DB1 Ventures portfolio Selected former DBG Investments Invested in 2014 Invested in 2017 Invested in 2017 Invested in 2017 Invested in 2014 Invested in 2014 Core Market Big Data & Post Trade Core Market Core Market Core Market Infrastructure Analytics Digitalization Infrastructure Infrastructure Infrastructure (Divested) Invested in 2016 Invested in 2016 Invested in 2016 Invested in 2010 Invested in 2011 Invested in 2010 Fintech Fund Core Market Core Market Core Market Core Market Core Market Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Invested in 2015 Invested in 2007 Fintech Fund Core Market Infrastructure

7 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Core Team Ankur Kamalia, Managing Director Ankur joined DBG in November 2015 to take up the newly-created role of Group Head of Venture Portfolio Management. Prior to DBG, Ankur managed an investment portfolio for a family office and for a Hedge Fund in Asia. He also acted as a Managing Director at UBS, responsible for Strategy for the Global Investment Banking division in London and worked in Corporate Finance / Capital Markets in New York, Hong Kong and Singapore. Ankur holds an MBA from the Kenan-Flagler Business School at the University of North Carolina Chapel Hill. Monica Fuchs, Vice President Monika joined DBG in 2012, before her role in DB1 Ventures, Monika managed projects in DBG’s Strategic Finance department. Prior to DBG, Monika was Assistant Vice President of Commerzbank’s M&A department, on a range of industries on buy and sell-side mandates. Previous corporate finance experience also includes roles held at Rothschild, Deutsche Bank, KPMG and BMW. Monika holds a Diplom-Betriebswirtin and Licenciado Superior from the European School of Business in Reutlingen and Universidad Pontificia Comillas (ICADE) in Madrid. Aditya Goel, Vice President Aditya joined Deutsche Börse Group in 2017, after completing his MBA at Wharton School, University of Pennsylvania where he was on the board of Wharton’s FinTech initiative and the co-founder of the Penn Artificial Intelligence society. Aditya started his career at PIMCO, California working for the Head of Global Portfolio Management investing across Rates, FX, Equities and Credit across Americas, Europe and Emerging Markets. After PIMCO, Aditya started his own investment platform merging fundamental and quantitative investing in Asia. Aditya has experience across strategic investing, special situations, M&A and private/ public investing through his work experiences with investment funds (PIMCO and Voya) and at Samsung Strategic and Innovation Centre investing in the future of mobility/ self-driving cars/ insurance. Aditya completed his undergraduate education at the Indian Institute of Technology in Delhi. Rebecca Qian Gong, Associate Rebecca joined DBG in 2013 after graduating from University. She gained her first professional experience in the Young Graduate Program in Clearstream, where she was deeply involved in the planning and executing of the company's strategy through various initiatives and projects. Before joining DB1 Ventures, and whilst at Clearstream, Rebecca was involved in a series of strategic investments and organic growth projects within the Fintech domain. Rebecca holds a Masters of Economics in Finance from Renmin University of China, a Masters of Science in Banking and Finance from the University of Luxembourg and a Bachelors of Economics in Finance from Renmin University of China.

8 Strictly Confidential & Legally Privileged Deutsche Börse Group DB1 Ventures – Contact Details Website www.deutsche-boerse.com/db1ventures Email db1ventures@deutsche-boerse.com Deutsche Börse AG Head Office Mergenthalerallee 61 65760 Eschborn Telephone +49 (0) 69 2 11-1 49 03