FLEXCLUBUber Fleet Portfolio

Vehicle Rental Pool

High Fixed Income

Moderate Capital Risk

Guaranteed 3 Years Exit

Hassle-free Investment

Optomise Ventures Ltd is an Authorised Financial Service Provider (FSP 49628) in accordance with FSCA regulations

Optomise invests in a fleet of UberX vehicles which will be rented out to qualified drivers who utilise the Uber platform.

12.00% per annum3 Years3 Years20.74% IRR (Individual/Trust)18.10% IRR (Company)Moderate RiskFlexClubR 250 000R 2 500 000 (Individual/Trust)R 5 000 000 (Company)300 Permanent JobsOptomise Ventures Ltd (S12J Fund)FSP 496282.00%1.50%0.00%27 February 2020 (Tax Year-End)

High Fixed IncomeRental TermGuaranteed Exit TermTargeted Total ReturnTargeted Total ReturnRisk RatingFleet ManagerMinimum InvestmentMaximum InvestmentMaximum InvestmentJobs CreatedLegal VehicleFSCA Approved FundInitial FeesAnnual FeesPerformance FeesClosing Date

Investment Product

FlexClub currently operates a R40m fleet portfolio of 320 vehicles on the Uber platform in both South Africa and Mexico. FlexClub will manage the vehicle fleet, drivers and ensure all vehicles are maintained on a regular basis. FlexClub manages all the costs relating to the vehicles and provides a fixed return for investors. The vehicles are all insured in the event of a loss of the asset.

Uber has over 100 million users worldwide

FlexClub guarantees maintenance and management

Net income into investor bank account as dividends every 6 months

FlexClub sells vehicle to Uber driver after 3 years at discount to market price and returns net proceeds from sale to investor

Hassle-free Investing

How S12J WorksInvest in a unique share class within the Optomise Fund linked to a portfolio of Uber vehicles managed by FlexClub

Tax benefit obtained by investor on subscription for new shares in a SARS approved S12J Venture Capital Company (VCC)

The Optomise Fund (VCC) invests in the Qualifying Company (QC)

The Optomise Fund holds ownership of the portfolio of Uber vehicles through the QC

INVESTOR

OPTOMISE FUND (VCC)

ASSET HOLDING COMPANY

(QC)

The Optomise Founders invest alongside investors

Net Total Rands ReturnedR2 000 000

R1 750 000

R1 500 000

R1 250 000

R1 000 000

R750 000

R500 000

R250 000

o

2020 2021 2022 2023

R 450 000

R 688 285

R 136 567

R 550 000 20.74% 3 Years R 1 274 852Net Initial

InvestmentTotal Return / IRR

after tax & feesGuaranteed Term Total Rands Received

after tax & fees

R 1 274 852

SARS S12J Cash Refund Cumulative Dividends Estimated Net Proceeds from Sale after 3 years

Individual/Trust

For illustrative purposes R 1 000 000 investment is used

Upfront (net cash out)Gross Initial InvestmentSARS S12J Cash RefundNet Initial Investment

1 000 000(450 000) 550 000

450 000688 285136 567

1 274 852

After 3 Years (net cash in)SARS S12J Cash RefundCumulative DividendsEstimated Net Proceeds from SaleNet Total Rands Returned

RRRR

RRR

R2 000 000

R1 750 000

R1 500 000

R1 250 000

R1 000 000

R750 000

R500 000

R250 000

o

2020 2021 2022 2023

R 280 000

R 852 578

R 178 488

Net Total Rands Returned

R 720 000 18.10% 3 Years R 1 311 066Net Initial

InvestmentTotal Return / IRR

after tax & feesGuaranteed Term Total Rands Received

after tax & fees

R 1 311 066

SARS S12J Cash Refund Cumulative Dividends Estimated Net Proceeds from Sale after 3 years

Company

For illustrative purposes R 1 000 000 investment is used

Upfront (net cash out)Gross Initial InvestmentSARS S12J Cash RefundNet Initial Investment

1 000 000(280 000) 720 000

280 000852 578178 488

1 311 066

After 3 Years (net cash in)SARS S12J Cash RefundCumulative DividendsEstimated Net Proceeds from SaleNet Total Rands Returned

RRRR

RRR

Source: Statista

Number of all Ridesharing Users Globally (in millions)

207

273

338

399

453

500

539

2015 2016 2017 2018 2019 2020 2021

Number of Uber Users Globally (in millions)

2016 2017 2018 2019

Source: Uber Technologies Inc

103

Q3Q2

99

Q1

9391

Q4Q3

82

Q2

76

Q1

70

Q4

68

Q3

62

Q2

57

Q1

49

Q4

45

Q3

33

Q2

25

Q1

19

FlexClub is a vehicle rental platform founded by previous leaders from Uber and RentMyRide. The founders previously specialised in large fleet solutions whilst at these ride-sharing businesses. FlexClub is a preferred vehicle provider to Uber

internationally and is based inside the Uber’s offices in Johannesburg. The business currently operates a R40m fleet portfolio of 320 vehicles on the Uber platform in both South Africa and Mexico.

Founding team with deep experience

Tinashe Ruzane CEO

Former Uber Head of EMEA Vehicle Solutions

Rudolf Vavruch CTO

Former CTO of Africa’s first P2P car-sharing

platform

Marlon Gallardo LATAM GM

Former Uber Operator on LATAM expansion

P. Taukobong, P. Makumbe Founding Partners

www.cre.vc

E.Hersman, P. Bragiel, M. AlliyGeneral/Managing

Partners www.savannah.vc

Michael Jordaan Fund Owner

www.montegray.com

Seed Investors

Unique Rent-to-Buy

business model

Driver buys vehicle at a

discount after 3 years

Driver incentivised to protect vehicle

value

Increased productivity of

vehicle

Established in 2015, Optomise is a privately held

alternative investments asset manager with

R340 million assets under management.

The company is both a SARS and FSCA approved

S12J Venture Capital Company (VCC).

Optomise manages an investment portfolio of 25

diversified S12J investments across various high

growth sectors including prime-located hotels, Uber

vehicle fleet rentals and solar energy installations.

Optomise has funded SMMEs and created jobs in the following sectors:

Assets Under Management

PortfolioInvestments

Permanent Jobs Created

Manufacturing

Hospitality

Medical

High Tech

Retail

Fibre

Solar Power

Asset Rental

For more information contact087 153 1192info@optomise.co.zawww.optomise.co.za

4th Floor, 20 Melrose PiazzaMelrose Arch, 14 Whiteley Road Melrose Johannesburg, 2076SARS Registration Number: VC - 150 (Optomise Ventures)

Optomise Ventures LtdCompany Registration Number: 2018/265393/06Authorised Financial Service Provider FSP Licence No. 49628

The information contained herein is for information purposes only and does not constitute advice in any form

Get in touch

Michael Roffey Executive Director BCom CA(SA)

Michael pioneered cellular phone micro-lending and device financing in South Africa. As a Fintech and Telecommunications leader, his products and services are today available in over 15 countries across three continents. Together with partners, he co-founded the largest independent cellular retail credit business and cellular handset finance business in South Africa. These businesses were sold to a JSE-listed company in 2013 and 2017 respectively. He has private equity interests in many sectors, including commercial property, telecoms, fintech, technology and financial services.

Mark Collie Executive Director BCom

Mark is a co-founder of Airvantage, a Fintech provider of mobile financial and value-added services for mobile network operators. In 2009, he founded Icon SA in partnership with Icon UK. Icon SA was appointed by FIFA to design, produce and install the signage and branding for the FIFA Confederation Cup 2009 and the FIFA World Cup 2010. He was previously the operations director of Wideopen Platform, the leader in large format outdoor advertising in South Africa which he sold to Primedia in 2006. Prior to this Mark was involved in Corporate Finance and Private Equity with the Buffet Investment Group.

Gadi Cohen Managing Director BBusSci CA(SA)

Gadi co-founded Optomise, one of the largest S12J Venture Capital Companies in South Africa. To date Optomise has facilitated the creation of over 631 permanent jobs in South Africa. Gadi has raised and deployed over R340 million of investor capital into more than 25 venture capital investments. Gadi is one of the leading experts in S12J in South Africa. He has developed unique intellectual property in the S12J space which has received private binding rulings from SARS. A business development expert, Gadi is part of Optomise’s investment, strategic and product development committees.

Namir Waisberg Executive DirectorActuary CFA

Namir is the CEO of Willis Burton Capital Partners, an Investments & Advisory business established in 2004. The business focuses on M&A, Private Equity, Commercial Real Estate and Venture Capital. In 2014 Namir co-founded Sail Group, a global Chrome Mining & Commodity Trader based in Singapore with assets listed on the JSE & the Stock Exchange of Mauritius SEM. In 2009 Namir co-founded Storage Genie, a self-storage business with over 2,500 storage units across South Africa. This portfolio has since been sold to a JSE listed REIT. Prior to this Namir was an Investment Banker with Investec Bank.

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