Pacific Channel Limited

1. Pacific Channel Limited Presented by: Brent Ogilvie, New Zealand is not a small country but a large village. Sir Peter Jackson

2. Disclaimer This presentation has been prepared by Pacific Channel Limited for information purposes only. The information in this presentation is not, and should not be regarded as, an offer of securities to the public. Investment opportunities will only be offered to, and may only be taken up by, persons who are "eligible persons" in terms of section 5(2CC) of the Securities Act 1978 or who are otherwise entitled to receive an offer of securities without a prospectus and investment statement (for example, where the offer is made under the Securities Act (Venture Capital Schemes) Exemption Notice 2008). Interested parties should contact Pacific Channel and will be required to provide confirmation that they are "eligible persons" or otherwise qualify to receive further information. No expression of interest will involve an obligation or commitment of any kind. If you are not familiar with the provisions of the Securities Act 1978, please consult with your professional advisor. While all reasonable care has been taken to ensure that the information in this presentation is accurate, Pacific Channel will not be liable for any errors in that information or for any reliance placed on information contained in this presentation.

3. Pacific Channel • Venture development and investment company • Focused on the formation, funding, management, and growth of emerging companies • Specialization – agbio, biomed, life science, clean-tech-based industries • “Channel” formation between Australasia and the United States market– The Channel Group LLC.

4. Proven capability to provide commercial expertise & capital • ‘Led’ investment of $.5m to $5.5m for >14 ventures in >22 rounds totalling >NZD20m: • med device & diagnostics, drug development, nutritional ingredients, agbio, biofuel & cleantech • No1 in our field– NZ seed funding for life sci& clean-tech • Led 20-33% of all seed & early stage NZ life science deals over the last 5 years “Most comprehensive due diligence and investment offers in NZ” Phil McCaw, Chairman of NZ Angel Association

5. Finance • Capital Acquisition Strategy: seed financing; access to angel investors globally; and to U.S. strategic partners/ corporate acquirers. • NZVIF Seed co-investment partner • International grant access strategy and facilitation • Divestments and acquisitions

6. Services • Corporate Advisory: Strategic planning, investment documentation & formation of executive teams, advisory and governance boards. • Venture Development: Operational, business, financial and commercial development • Co-founder and start-up management for 6 ventures. • Market Entry Strategy: In-depth understanding of U.S. through our New York affiliate, The Channel Group LLC.

7. Portfolio Companies

8. Affiliates Ferncrest Holdings People Power Limited

9. TheBoard Dr Gary Pace Chairman Mr Paul Smart Independent Director

10. TheTeam Mr Brent Ogilvie Managing Director Dr Robert Feldman Executive Director Ms Mitali Purohit Associate

11. What is fundable? • Ventures that make the world a better place! • Creating wealth and building talent for our innovators, investors and New Zealand There is to be a fair opportunity for every man and every woman to earn a decent living wage. Michael Joseph Savage • People passionate about addressing a worthwhile target problem – from here e.g. clean rivers; prostate cancer It’s dead easy for Kiwis to be a success in New York, London, but it’s bloody hard to be world-class and to take on the world from New Zealand...Sir Paul Callaghan

12. What is fundable?... Wouldn‘t it be nice if.... • Technology addresses clear unmet need or is a step-change enhancement; • Technical proof-of-concept; • Plans for strong management & governance; • A committed and coachable entrepreneur; • A Market / A believable strategy & financials / A plan! Killer tech with strong IP & FTO Make the world a better place 1-3 pa Needs <$5m & 10x potential <5 years

13. Capital sources • Family and friends – typically start-up investment. • High net worth individuals – active or passive. • Angel groups – early stage ventures; short to medium term investment. • Private equity and venture capital – has a fund(s) under management; medium term investment. • Institutional investors – superannuation funds; medium to long term investment. • Corporate – strategic partners & joint ventures • Government • Initial public offering • Ref: Sources of Funding for New Zealand Entrepreneurs & NZVCA website

14. Approaching investors • Research and shortlist available investment sources. • Review investment criteria and investment model of target investors prior to approaching. • Engage investment firms to facilitate and manage capital raise. • Clearly define use of investor funds. • Have a realistic company valuation, which is supported by evidence (eg. comparables). • Prepare investment offer documents, company records and due diligence file in a form acceptable to investors.

15. Summary • Successful development and commericialisation is a ‘Mauian’ effort – we need an NZInc. approach • New Zealand needs ~3000 internationally capable and competitive businesses by 2020 to change the economic game – a radical increase on the current crop of 750. • Together we have the talent, cash and experience of creating wealth for our innovators, investors and NZ • We wish to create 20 by 2020 – please join the mission • NZInc needs you! Well, George, we knocked the bastard off. Sir Edmund Hillary’s first words to lifelong friend George Lowe on returning from Everest's summit

16. Contact us: Brent S. Ogilvie Managing Director Email: bogilvie@pacificchannel.com Phone: (09) 377 9689 Level 5, 101 Customs Street East, Auckland, New Zealand