#1wwe trade A digital trade platform making trading simple, efficient and secure. ERSTE F BANK#2International trade in figures - an important global means for growth Worldwide trade volume Gool EUR 14,5 Trillion Source: Bain & Company ERSTE S iji Inter-European trade volume EUR 3,6 Trillion Trade within Europe 90 % via open account wwe.trade more trust. more trade.#3Current challenges faced by buyers and sellers Inefficiencies No central point to co-ordinate a transaction involving multiple parties Impact on Cash-Flow Prepayments reduce flexibility and liquidity ERSTE Š BANK Lack of trust Between buyers and sellers when establishing a new relationship 1. Low standardisation Leading to administrative overheads in the order management CONTAINER TERMIN Performance Risks Risk of non-payment by the buyer or non-delivery by the seller Intransparencies Due to lack of ability to monitor individual trade transactions end-to-end wwe.trade more trust. more trade.#4we.trade - Addressing today's challenges in domestic and cross-border trading Key facts ● ● ● Digital one-stop-shop for domestic and international trade Platform based on Blockchain technology Service Provider IBM Legal Framework due to common Rulebook governing Self-executing "smart contracts" using event-based automated payment triggers real time settlement offered by one platform for all parties easy access to customized trade related services reg. risk mitigation and financing Already available at 13 banks in 15 countries in Europe ERSTE S BANK VE W Ez wwe.trade more trust. more trade.#5Geographic coverage Banks Erste Bank KBC Nordea Société Générale Deutsche Bank UniCredit Eurobank Rabobank Caixa Bank Santander UBS HSBC ČSOB as of 04/2020 ERSTE Š BANK Countries Austria Belgium Denmark, Finland, Norway France Germany Italy, Germany Greece Netherlands Spain Spain Switzerland Great Britain Czech Republic KBC HSBC SOCIETE GENERALE CaixaBank Rabobank Santander UBS Nordea / ČSOB UniCredit ERSTE Group 4 Eurobank wwe.trade more trust. more trade.#6Value proposition of we.trade ● Improve your transaction management through ● we.trade offers means for making trades more simple, transparent and secure: G a simple template for initiating trade proposals Self-executable Smart Contracts that contain trade details and settlement conditions direct access to banking services (risk mitigation and financing) ERSTE Š BANK Keep visibility on your operations through ● ● ● a single platform that connects Buyers, Sellers and their banks a Trade Lifecycle Dashboard that enables real time transaction monitoring Trades are traceable and identical for all parties involved in a transaction Trade with more confidence ● ● CONTAINER TERA ● all companies and accounts are verified by their respective banks secure management and exchange of documents and information Trade transactions governed by a common Rulebook wwe.trade more trust. more trade.#7Direct access to banking products for Buyers and Sellers Auto-Settlement Buyer's bank automatically instructs a payment to the Seller on the due date after all agreed settlement conditions (triggers) of the Smart Contract have been met ● • Precondition: Sufficient cover of Buyer's account or overdraft facility Bank Payment Undertaking (BPU) Buyer's bank provides an irrevocable undertaking to the Seller that the invoice amount will be paid after all settlement conditions of the Smart Contract have been met Buyer's bank effects payment to the Seller on due date ● ● ERSTE Š BANK BPU Financing The Seller's bank provides the financing to the Seller on the basis of the BPU issued by the Buyer's bank ● ● ● After Seller's bank has financed the Seller, the BPU will be assigned directly to Seller's bank ● Buyer's bank effects the payment directly to the Seller's bank on due date Invoice Financing Coming soon The Seller's bank finances the seller by discounting the invoice issued to the Buyer post invoice acceptance by the buyer wwe.trade more trust. more trade.#8Trade-flow on we.trade Create trade transaction Buyer or Seller Acc Initiate a trade transaction via a template, including Incoterm and settlement conditions ERSTE Š BANK Accept trade proposal Seller or Buyer Receive and accept a trade proposal. Amendments can be suggested to the purchase order and settlement conditions (Optional): Buyer may request a Bank Payment Undertaking (BPU) from his bank hi Ship goods and update invoice details Seller Ship the goods, provide invoice and transportation details. Files can be uploaded for exchange of scanned documents between trading partners (optional) Track and trace shipment Buyer Using shipment tracking number, monitor shipment status Confirm that settlement Make a payment conditions are met Buyer or Seller Based on pre-agreed settlement conditions, confirm that these have been met, in order to process payment on the due date (Optional): Seller may request a BPU-Financing from his bank Buyer's Bank On the agreed due date, automatically instruct a payment to the seller's account wwe.trade more trust. more trade.#9Requirements for using we.trade >> sss An account with Erste Bank Signing of customer agreement with Erste Bank in order to access we.trade Your trade partner has to be a client of we.trade's network banks ERSTE Š BANK we.trade Dashboard Trade transactions 0 5 Open Number of initiated trade transactions Trades you are in as a buyer Buyer Dashboard See detal > pide A Alerts plus- 055-10 pid8-0 18.65k EUR 14.80K GBP 1 In progress Number of agreed trade transactions in progress 12.00 EUR See details > Trade pid08-08-1258489 The payment will be debited today Refer counterparty Hurry, the trade DS5-10-10-39924 will expire in 14 days Hurry, the trade pid08-08-1432851 will expire in 14 days Seller O Delivery Number of trade transactions in delivery See details > Trade pid08-08-1140943 The payment 100520110144:45 GMT+1 will be debited today 10.05.2019 01:44:45 GMT-1 09.05.2019012141 GMT+1 08.05.2019012141 GMT+1 Awaiting Payment 2 Number of trade transactions waiting for payment 210.00 EUR See details > test001 PO45.36 PO9999 Notifications PO9999 po0999 Create tr Ⓒ Paid 2 Number of trade transactions paid in the last 30 days 1.10k EUR See details > The trade test001 has expired The trade PO4536 has expired Well done Your business offer PO9999002 has now been accepted. wwe.trade more trust. more trade. Trade PO9999002 All the settlement conditions are met. The payment date is now confirmed as 10.05.2019 Congratulations You Action have been made a new