Trade Finance Evolved

© 2019 NEB Tech OUAll Slides v1.5

Executive Summary

Major Pain Points:

Transactions still run on manual paper-based systems

Slow, cumbersome and costly processes

Large scale of fraud, errors, and delays

Increasing banking compliance requirements

Considerable cost and finance risk

Trade Finance Industry Facts

Global merchandise imports totalled $17.6 Trillion in 2017

On average, a company uses 70% of working capital to fund imports

Global TF requires over $5 Trillion of external finance

Substantial funding gap of over $1.5 Trillion

Without trade finance the world as we know it would grind to a halt.

Trade finance permeates nearly every aspect of the products we use, from raw materials production, manufacturing, assembly, packaging, distribution, shipping, wholesale, and retail/resale.

We are well aware of the issues the current crypto industry faces with ICO’s, low usage, volatility etc. but we believe proper use of blockchain can solve significant problems plaguing the industry and unlock immense opportunities.

Envoy Brings to the Table

An enterprise grade, end-to-end, business platform Unparalleled commercial abilities and reach Agreed partnerships with the best in class solutions to deliver a

platform and ecosystem ready to hit the ground running Substantial institutional funding secured, removing the need for an

ICO© 2019 NEB Tech OU

Global Trade Finance

Sources:• WTO• ICC Global Survey on Trade Finance 2017, ©International Chamber of Commerce (ICC),

Pg 56, https://www.wto.org/english/res_e/statis_e/wts2017_e/wts2017_e.pdf• https://cdn.iccwbo.org/content/uploads/sites/3/2017/06/2017-rethinking-trade-finance.pdf

Line/Bubble colour represents 2016-20 CAGR / Source: BCG Trade Finance Model 2016 / Note: Forecasts are at constant FX rates

$17.2 trillion worldwide exports

$17.6 trillion worldwide imports

$36 billion world trade finance revenue in 2016

Projected 4.7% annual revenue growth to $44 billion in 2020

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Image: World Economic Forum Report

The Financing Gap

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Our Vision for Trade Finance

Stakeholders are silo’d and the complex cross-border

network is difficult to navigate with restrictions to

data flow resulting in decreased trade.

Envoy is an end-to-end trade finance solution. It is a single source solution utilizing DLT innovation and distills down complex networks into the

essential processes.

Technical solutions are hard to come by and slow to be

adopted. Pace of innovation has stagnated and very little

is being done to remedy.

Envoy is a first mover within the innovation-starved trade finance sector. It’s scalable and poised to immediately benefit from an untapped

trillion dollar industry.

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Our Vision for Trade Finance - Lending

Deploying new digital solutions in banking is slow

due to significant regulation. Information is restricted so

cooperation is low and innovation is stagnant.

Envoy’s platform bypasses the need for traditional

lenders and leaves behind the antiquated and

restricted marketplace to bring innovative solutions.

The trade finance gap is in the trillions. Local banks lack

necessary correspondent relationships to finance

international trade.

Envoy’s platform token, NVOY allows financiers to

partially fund contracts and opens the pool of

correspondent relationships to each lender/contract.

Banks force sellers to take a significant haircut on their profits due to fees and commissions. Bank governed Letters of Credit are slow and expensive to issue.

Financing is highly transparent and credit can be instantly extended. Contracts can be set designating the maximum acceptable finance risk threshold. Envoy’s risk database

rates users for more informed decisions.

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Our Vision for Trade Finance – Logistics

Current manual processes are paper-based and are

therefore error prone, costly, and creates fraud and

compliance risk.

Verified records are tamper-proof and immutable. Saving

records on Corda network ensures records are

cryptographically secure and access is permissioned.

Centralized data systems are vulnerable and easily compromised or lost.

Retrieving data from third parties can be time

consuming.

Data housed on the Corda network is more secure than traditional cloud or in-house data storage. Data access is

restricted and/or permissioned only to the

appropriate parties.

Traditional trade finance incurs a high cost for verification. Documents must be separately audited by each stakeholder to verify authenticity and accuracy.

Smart records created by Envoy are immutable and trustworthy since they are only created when triggered by a smart contract. Significant time and cost savings through

customs clearance, lower time in warehouse, and automatically verified records.

© 2019 NEB Tech OU

Why Blockchain (DLT)

Partner API for end to end supply chain

Digital LC, BoL, and other documents

Anti-fraud protection, KYC, and validation

Permissioned private ledger

IoT 3PL (logistics)

Credit risk scoring and data analysis

Low cost and fast cross-border payments

Immutable records with full audit trail

© 2019 NEB Tech OU

Rejected Trade Finance Transactions (By Region)

20%

Americas region accounts for roughly $300 billion of the global trade finance gap

SMEs and small cap companies make up a significant portion of this gap

The LATAM finance gap is a severely underserved and untapped market opportunity

© 2019 NEB Tech OU

LATAM Market Opportunity

Finance Contract Type Estimated trade volumes Y1($M)

Estimated trade volumes Y2($M)

In Ground Financing $189M $245M

In Warehouse Financing $315M $385M

At Refinery Financing $189M $245M

In Transit Financing #1 - Land $450M $700M

In Transit Financing #2 - Sea $450M $700M

Envoy is already partnered with large commodities traders who are keen for innovation and eager to embrace new technology.

Our partners have long awaited a modern trade finance solution.

Currently active in the Latin America commodities trade

Conducting significant trade in the LATAM region

Agreements in place to begin migrating operations to Envoy immediately upon launch

Ready to launch test trades upon release of beta platform

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Envoy Use CaseConventional Business Process Flow

Supplier provides goods under contract

Debt assigned from Buyer to Seller upon invoicing

Factor agreement made between Financier and Seller

Seller sends notice of assignment to Buyer

Buyer’s debt is transferred to Factor

Factor posts collateral to prepay invoice at agreed price

Buyer repays debt as per the invoice terms

Factor pays remaining discounted invoice balance to Seller

© 2019 NEB Tech OU

Envoy Use CaseEnvoy’s Blockchain Based Solution

Supplier provides goods under contract

Debt assigned from Buyer to Seller upon invoicing

Supplier lists on Envoy’s p2p marketplace for financing

Multiple finance proposals presented to supplier

Supplier chooses the most advantageous rates

Financiers bid on available contracts. Partial contract bids are pooled. Risk rating calculated from

past transaction history Credit rating provided

from traditional rating agencies

Pooled financing accepted and settlement process follows traditional workflow but with enhanced transparency, increased security, and real-time updates for relevant parties

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Envoy Ecosystem

Financier co-pays on behalf of Buyer and takes title

Seller sends goods

Goods arrive at destination

Smart contract releases goods

Buyer pays balance and fees

Smart contract releases full payment to Seller

Financier pays remaining discounted invoice balance to Seller

All fees settled on platform using NVOY tokens

Buyer pays initial deposit (NVOY)

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Complete End to End Trade Finance Workflow

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Secure, Scalable, and Reliable

Data-at-rest encryption, support MS SQL always encrypt

Data-in-transit encryption, firewall, TLS

Hybrid deployment – cloud and on-premises simultaneously

DLT high availability (HA) – support upgrade in a live network

API gateways, connectivity

Certificate revocation and renewal

Real-time DLT health monitoring – CBMon

Inter-ledger connection (available soon)

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Technical Framework

Corda Enterprise 4.0

Web Services Frameworks: Spring Boot, Spring Security, Spring Cloud

Frontend Frameworks: Angular JS/React JS

API Architecture: REST/gRPC microservices

Programming Languages: Java, Kotlin

Deployment: Amazon AWS

CI/CD: Jenkins

© 2019 NEB Tech OU

Highlights and Features

Utilizing best-in-class third party solutions to facilitate connections with legacy users for a true end-to-end solution Single-source document repository for customs

clearance, insurance, duty and audit trail

Oracles for legacy ERP/SAP connectivity

Off-chain document retrieval and conversion (including BL, invoices, etc.)

Third party logistics, IoT goods validation and audit checks

Multiple financing, settlement, and logistical solutions Digital finance/logistics documents including Letters

of Credit, Bills of Lading, etc.

On-platform collateral, payment, and settlement

AR Financing/Factoring

Forfaiting

Repurchase (Repo) Financing

Warehouse & Invoice Financing

Supply Chain Financing

Confidential Discounting

Invoice Discounting

Platform usability and flexibility Risk data oracle plugin & insurance development

Enhanced custom GUI functionality for each user type

Simple document upload and retrieval

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Feature Rich and Flexible

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Marketplace Liquidity

Enigma fund is a $2 billion dollar fund created to operate exclusively on the Envoy

platform Provides liquidity to funds contracts on the

platform

Creates a stable marketplace and ensures access to all participants

Semi-automated trade fund monitored by active professional fund managers

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The Enigma Fund

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Investment Structure

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Exchange Listing Strategy

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Tech firm digitising bill of lading to a new era in

supply chain

Innovative blockchain team for logistics and trade

Bolero delivers secure, end-to-end, cloud-based services that digitise trade processes and transactions, providing greater visibility, transparency and control making it safer, smarter and faster to trade.

Global security goods validation. World leading inspection, verification, testing and certification company

Focus on Supply Chain Partners

© 2019 NEB Tech OU

Technology Partners

Stellar based NVOY token provides fiat anchors and lighting transaction speeds for payments

Data oracles, logistics oracles and SWIFT blockchain payments

Enterprise grade marketplace engaging banks, corporations, and tech community to aid development of trade finance and supply chain

CorDappinteroperable partner marketplace to engage off-chain plugins for trade finance and supply chain

© 2019 NEB Tech OU

IBM’s Trusted source of information and digital identity that simplifies KYC and accelerates supplier onboarding, reducing time to first transaction

With over a decade long expertise in implementing winning technologiesincluding ERP solutions, Blockchain development services. Oodles bring the industry knowledge and experience to help clients ingrain the new and evolving technology solutions into their business to stay ahead of the curve.

A technology company focusing on developing, deploying, and operating Blockchain systems in the financial services industry.

Innovative financiers with a vision to bring blockchain enhanced business to a new era of trade

Embracing innovation in Oil and gas trading. This team bring their field of corporate energy trading into blockchain by supporting blockchain enhanced trade.

Estonian and Scandinavian legal 500 team specializing in logistics, supply chain and blockchain. Feel secure knowing Njord’s tier 1 legal support is behind Envoy

Financier Partners and More

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Providing liquidity and optimal execution strategies for digital assets

Greensill, latam banks &

funds

Beta test

Roadmap

Sign $12.52 million deal with Alcedo Tech Fund

Q2 2019

Supplychain partner

build

Q2 2019

Sign Latam commoditie

s tradecontracts

Q3 2019

Test tradeLatam

Q3 2019 Q3 2019 Q4 2019 Q4 2019 Q4 2019 Q4 2019 Q4 2019

LaunchNVOY

token onexchanges

stage 1

Add eBL, Logistics and

othersuplychainplatform

enhancingfeatures

BuildEnigma

Fund

Test tradeAfrica

Sign Africacommoditi

es tradecontracts

CompleteEnvoy MVP

Q2 2019

© 2019 NEB Tech OU

$120,000 User Case Partners

$140,000 CEO

$2,500,000 ADV

$7,500,000 Equity Partners

$100,000 Friends & Family

Currently Committed Investments

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Use of Funds

20% Founders and Exchange Listings 10% Enterprise growth & marketing 25% Working capital & Operational setup

10% Legal & compliance 15% Advisory and team 20% Working capital, R&D

© 2019 NEB Tech OU

Envoy (NVOY) Discount Table

© 2019 NEB Tech OU

* DISCLAIMER ON HYPOTHETICAL VALUESNVOY Is not an investment product. NOVY is used for access to the Envoy platform and services. Since NVOY is limited in supply, the nominal price to access the platform may fluctuate over time.The figures shown above are for illustrative purposes only in order to help gauge the potential expenses required for participation.

Terms and Valuation

© 2019 NEB Tech OU

Series A, Round 1

2 lots available*

Seeking $3.13m cash investment

In exchange for 7.5% equity stake in NEB

Tech OU

$3.13m worth of NVOY tokens valued at $0.22/NVOY**(3.75% of total supply of 250m NVOY)

Valuation Factors ADV investment brings on

board significant use case partners

Average trade size: $4.49m

Contracts per year: 1,200

Platform contract valuation: $5.26b

NVOY total supply initial valuation: $55m

Series A, Round 2

3 lots available*

Seeking $3.13m cash investment

In exchange for 5% equity stake in NEB Tech

OU

$1.375m worth of NVOY tokens valued at $0.22/NVOY** (2.5% of total supply of 250m NVOY)

Profit & LossAll figures in $USD

Financial Projections

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Financial Projections (continued)

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Envoy Equity & NVOY Token Projected Valuation

© 2019 NEB Tech OU

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100,000,000

200,000,000

300,000,000

400,000,000

500,000,000

600,000,000

700,000,000

Series ARound 1

MVP Series ARound 2

NVOY TokenRelease

Test Trade Beta Envoy Launch Enigma Launch eBL, Risk, InsuranceConnected

Region 2 Connected ValidatorsConnected

Total Combined Valuation

Company Equity Value (Envoy)

Token Market Cap (NVOY)

Core Team

© 2019 NEB Tech OU

Trade Finance Team and Advisors

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THANK YOUNEB Tech reg:14740692

Email: letschat@envoychain.io

www.linkedin.com/company/envoytoken/

www.envoychain.iowww.nebtech.tech

© 2019 NEB Tech OU