Investor Presentaiton

Market Opportunity - Visa/Consular Outsourcing Industry Majority of the market remains untapped, offering tremendous growth opportunities Identifying Untapped Opportunities ☐ Significant growth with over 40 million¹ visa applications being currently outsourced to specialised service providers globally 40 million translates to just 31% of the 128 million¹ total visa market currently being outsourced Remaining 69% yet to be tapped by outsourcing service providers 100% = 128 million¹ visa applications (P) Not Outsourced 69% Source: D&B Visa Application Outsourcing Report 2013 BLS INTERNATIONAL Outsourced 31% International Tourist Arrivals World tourism to grow at around 3.5% for 2017 and at a (2016-2030) CAGR of 2.7% 5.5% 4.5% Exponential Business Growth Consular business to double over the next few years, driven by: 3.5% 5.5% 3.5% 2.5% 1.23 Growing tourism 0.62 0.58 0.54 0.30 0.20 More outsourcing penetration in Visa market World Increased Passport processing and Attestation services outsourcing market Europe APAC Americas Africa Middle East International Tourist Arrivals 2016 (billion) Source: UNWTO World Tourism Barometer - Advance Release Jan 2017 2017 Projected Growth Note: 1. As per D&B Visa Application Outsourcing Report, outsourced visa applications were 35 million in 2013 and total application count was 113 million. 2013 data has been extrapolated to project 2016 data, by applying travel industry's standard growth rates TM Corporate Presentation November 2017 | 11

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