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© 2015 Angie Communications Netherlands

Plan : Build, own, operate next generation communications infrastructures in the Netherlands

Full Project Cost : €10.8B (through 2021)

Investment Requirement : €750M-€1B

Table of Contents

Who is Angie? 3What is so Special about Angie?

4What is Angie’s Investment Thesis?

5Angie Asset Pyramid

6Largest Project Ever in NL? 7Skin in the game? 8 What are Angie’s bragging rights?

9What is so Revolutionary about FBS?

10 What is Angie’s USP?

11 What is Angie’s Competitive Edge?

12What is the Economic Angle?13Who is Backing Angie?

14 Why now?

16 What is Angie building?

17Where is Angie building?

18When will Angie build it?

19What is Angie’s Marketing Strategy?

20Contact us

21

3

Who is Angie?

the most ambitious and best-prepared new entrant in the global communications industry.

Angie’s team consists of pioneers and industry experts such as Dr. El-Sherif, Diepak Kasi, and Neal S. Lachman.

Angie is: to build, from scratch, and to own and operate, large scale next generation communications infrastructures in the Netherlands, but also UK, Germany, France, and USA:

Angie plans:

4.5G Mobile (LTE-Advanced) 5G Wireless (Ultra Dense,

Ultra-high-Speed Wireless) 10 Gbps Fiber Optics (to the

home and to the office)

4

What is so special about Angie?

We “cracked the code”…of how to build large-scale, multi-billion-euro next generation communications infrastructures with as little upfront investment as possible;

Thus, we will be creating multi-billion-dollars worth of tangible assets for investors…for a fraction of the total project costs.

5

What is Angie’s Investment Thesis?

Existing providers are burdened by old (legacy) systems and operations and will only make incremental improvements to their infrastructure;

There is a massive opportunity for a new mobile/wireless and next-generation wired (FTTP) operator that converges these infrastructures –based on future-proof technologies- to leapfrog legacy operators;

Over the last 15 years, Angie has developed a business model with the following objectives:

Proof : A verifiable business model that works and justifies significant valuations

Assets : Create valuable, tangible assets that enable multiple revenue streams

Extensive executive team experience and expertise (combined 300+ years) plus proprietary technology structured around a unique business model, providing;

The opportunity to create long-term exponential shareholder value from building, owning and operating next-generation communications infrastructures.

6

ANGIE NL INVESTMENT OVERSIGHT COMMITTEE (from BoD):• Sanjay Basu, MBA: Director, via Dutch TMT & Infra Fund;• Richard Borsboom, MScBA: Director, via Dutch TMT & Infra Fund;• Richard F, “Rick” Barry : Director, via Dutch TMT & Infra Fund;• Richard H. Waryn, MPP: Director, via Dutch TMT & Infra Fund.

ANGIE NETHERLANDS EXECUTIVE TEAM :• Neal S. Lachman, CEO : (Next Gen communications industry Expert)• Diepak Kasi, COO Europe: 22+ years of experience with ATT, Lucent• Dr. Mahmoud El-Sherif: CTO (40 year veteran/pioneer of Fiber Optics, 25 years

Professor Material. Electrical & Computer Engineering at Drexel University, PA, USA

• Chris Rouse, Chief Project Officer Europe (built infra Europe wide)• Gregory Nemitz, Chief Project Officer Americas (20+ year veteran)• Farooq Malik, MBA: COO Americas (director AT & T, Lucent, Ericsson, etc)

• FTTP• 4.5G Mobile• 5G Wireless

: 10 Gbps per user: 10 – 100 Mbps per user: 1 Gbps per user

• 2 million ultra-high-speed FTTP connections• Nationwide 4G mobile broadband (99% coverage)• Seamless indoor & outdoor 5G wireless network,

covering 95% of the nation’s population

Unique Team of Pioneers and Visionaries• The executive team includes fiber optic, wireless and mobile

industry experts who have a combined 300+ years experience

Unique Team of Pioneers and Visionaries• Fiber optic, mobile and wireless patents

under executive locai license by Angie NL

State of The Art Technology Research• Patent discovery & filings from Angie

Int’s Silicon Valley R&D HQs• R&D Intellectual Property knowledge

acquisition and sharing

Up to 2M FTTP connections (homes, offices, shop, etc.)• All premises will be connected to its own

revolutionary 10 Gbps Fiber Optic Service

Movies/Music/Content Catalogue• Partnerships underway with many content

owners/operators for on-demand services at ultra high speed FTTP & MBWA connectivity

Futuristic Technologies/Services/Apps:• Holographic/ 3D telepresence services• Several “Killer Apps” (confidential) will be introduction to fulfill needs of

which the market isn’t yet aware of

Direct Equity ownership• Investor (through the Dutch TMT & Infra Fund) will own

direct equity in Angie NL

Full or Partial ownership of companies• Seed investments in Industry related TMT/ICT companies

Part of Angie Communications International B.V• Angie Int. has (even larger) projects running in the United Kingdom,

Germany, France and the USA• Angie Int. is currently also working on a worldwide launch of its FBS in

multiple other countries (by way of licensing or franchising)

4.5-6.5M subscribers on 4.5G mobile & 5G wireless network:• Mobile Broadband at up to 50 Mbps• Mobile High-Definition Telephony• Wireless Broadband at 100 Mbps

Ownership Of Exclusive NL FBS License• IP development and expertise establishment• Full Ownership of local analysis reports and business plans• Mandate to build/own/operate FTTP & MB/WA infra in NL

Powerful Partnership Agreements• Supply chain consist of world’s largest technology vendors• OEM partnership to design/develop smartphones, tablets, equipment, etc.• MoUs/Agreements underway with several large (int.) service providers (strategic alliances)

Angie NLAsset Pyramid

(Post €1B Investment)

7

Largest Project Ever in NL?

Angie’s infrastructures project is one of the largest privately developed projects in the

Netherlands, ever :€10.8B Total Lifetime Cost (through YE2021)

• €1.25B to build 4.5G Mobile and 5G Wireless Infrastructure;

• €3.25B to build 2 million Fiber-To-The-Premises connections at 10 Gbps, each;

• €6.4B to operate, maintain, improve and invest in the Company.

At a capital requirement of “just” €1B, we thus invest a fraction of

those amounts to take the projects from zero to a highly profitable

stage.

8

Skin in the Game?

Not “really” a startup: Angie has “an old soul”:15 years of continuous research,

development and fine-tuning (since 2000);

More than 150,000 man-hours invested in this industry by Angie’s team;

Team has 500+ years experience in business; Executives have 300+ years of telecom experience;

Team members have impressive track-records in building and operating companies and infrastructure;

“Skin in the game” worth many million euros.

9

What are Angie’s bragging rights?

Angie’s affiliated companies: Investedmore than 150,000 man-hours (since 2000) in research, planning, design and engineering models and strategies

Whichresulted in a new telecommunications business standard: The FiberBroadband Strategy (FBS).

10

What is so revolutionary about FBS?

ANGIE’S FIBER BROADBAND STRATEGY (FBS)150,000 man-hours invested

Technological Engineering

Business Engineering

Financial Engineering

Technological Choices, including :

• FTTP: 10 Gbps AED; • Mobile: LTE-Advanced

VoLTE;• Wireless: Next-Gen Wi-

Fi & mmWave technology;

• Next-Gen Customer Devices.(Patents and/or exclusively licensed

technology)

Business Decisions, including:• Rollout timeframe• Frequency

Acquisition• Marketing Strategy• Operations (staff

etc.)• Vendor

Commitments• Critical Mass• Economies of Scale

Financial Planning, including:• 5-10-15-20-year

estimates• Cost of Business• Cost of Revenue• Promotions & Trials• Partnerships /

Investments• CapEx / OpEx• Investor Returns• Dividend Yields

11

What is Angie’s USP?

Angie is:

• A company that builds and marries 4.5G mobile, 5G wireless and 10 Gbps wired (Fiber To The Premises) infrastructures to provide truly converged, integrated and interoperable next generation communications services, directly to end-users.

• Also an “Infrastructure-as-a-Service” provider; opening up its infrastructures to/for third-parties, e.g. in terms of enabling others to offer “smart solutions” over its infrastructures.

12

What is Angie’s Competitive Edge?

• As a newcomer and “from-scratch” builder, Angie is unencumbered by expensive, dated (legacy) systems and operations, which allows the company to focus on unparalleled customer satisfaction, with all services guaranteed at the lowest costs in the industry.

• Furthermore, being privately owned, Angie can focus on long term value and wealth creation for its investors and other stakeholders.

13

What is the Economic Angle?

We know how to build multi-billion-euro infrastructures with less than 10% of the total project costs upfront.

We are building the most advanced and most valuable communications infrastructures in our markets in order to own and operate them;

• Total Lifetime Cost: €10.8B (through 2021);• Low Capital Requirement until self-sustainable:

maximum €1B• Huge IRR

14

Who is backing Angie?

Angie is backed by NSL & Co. International B.V. A highly specialist telecom Private Equity firm, founded by Angie’s founding investor, Neal S. Lachman and others, including NBA Hall of Fame star-turned-investor, Rick Barry. • Partners coming from Big4 accounting firm, Multi-

Billion-$ Fund, etc.; • Worldwide network of investors;• Created partnerships with otherwise-competitors;• Access to hundreds of telecom industry C-levels;• Investing through special €1B Dutch TMT & Infra

Fund.

(for further information, please visit www.nslfunds.com)

15

Dutch CooperativeHolding Company

Private Equity Firms

(Fund of Funds)

Ultra-High-Net-Worth Individuals

(Familt Offices)

Institutional/ Pension Funds

Sovereign Wealth Funds

Corporate Funds/

Venture Firms

€50 millionFollow-on

Investments/ Fees/Special

Costs

€15 millionMedia/

Content/Programming

€750 millionAngie

Netherlands€10 millionProduction

Facility

€175 millionLicenses/

TMT & Infra investments

The majority of DRMR Fund’s investments are focused on the European market in general and Dutch Market in specific.

100 Participations at € 10M, each

Total: €1 Billion

Dutch TMT & Infra FundLegal Structure: Fund for

Joint Accounts Independent fund administration:Institutional Trust Service B.V (ITS)

Legal Structure: Simmons & Simmons

Independent Valuators: Value Drivers

Auditors & Tax: Schagen Lensen & van Krieken

Fund Management:NSL & CO. Europe(Rotterdam, The Netherlands)

1. Sanjaj Basu, MBA2. Neal S. Lachman3. Richard H. Waryn, MPP

- Management Fee: 1.5%- Carried Interest: 5%- Preferred Return : 5%

Committed € amount by investors flows through

DTMTI Fund to holding for investments

16

Why now?

We have seen the markets mature• Being the first mover (or among the first ones)

in the revolutionary segment of communications is not necessarily a good thing. In the last decade or so, many hopeful operators came and went. We have been patient

• We’ve learned from everyone’s mistakes; we’ve benefitted from technological advances;

• We see the competition focus on the short-term and bleed dry of money;

• 4.5G LTE Advanced and 5G (wireless) technologies are being rolled out only now; and,

• 10 Gbps FTTP technology is being pioneered by Angie due to timing and scale of its projects.

17

What is Angie building?

The Most Important Next Generation Communications Infrastructures of the

21st Century• Nationwide mobile network• 4.5G (LTE-Advanced) on exclusive licensed

frequency• Nationwide wireless network• 5G Ultra-Dense Wireless

• Nationwide FTTP systems• 10 Gbps per connection (upgradable to 40

and 100 Gbps in the next decade)• Multi-National Smart Infrastructure• For the first time, providing “smart” solutions

can be offered (by Angie and others) on city, nationwide and multinational scale.

18

Where is Angie building it?

Our immediate strategy is to build in phases and manage locally: The Netherlands• 4.5G Mobile Broadband: Nationwide – Covering

99% of NL land mass;• 5G Wireless Access: Nationwide – Covering 95%

of population;• Fiber To The Premises – Nationwide footprint,

connecting 2 million premises (out of 7+ million residential market)

19

When will Angie build it?

Angie starts with large-scale mobile, wireless and backbone/metro-fiber networks, quickly followed by FTTP, scale up to a parallel “carpet” rollout scheme: The Netherlands• 4.5G Mobile Broadband and 5G Wireless Access

from Q2-2016 through Q4-2018;• Fiber To The Premises from Q2-2016 through

Q4-2021.

20

What is Angie’s Marketing Strategy?

Promotional Spending approximately €100M per year on Promotional budget

Advertising Angie becomes one of the Top-10 advertisers in the Netherlands from the beginning

Magazine One of the nation’s biggest circulation magazine with news, reviews and offers

Promotion TeamsTen teams (spread over the country) in Angie branded cars: focus on branding, promotion, information and awareness of Angie MB/WA and FTTP services

Educational

Information eventsIn all our FTTP rollout markets, we will start informing all stakeholders, including residents, about the build, design, timing, pricing, etc.

Door-to-doorIn the weeks prior to connecting a particular neighborhood, special Angie teams will be agreeing on pricing and trial period etc. and finalizing terms and conditions with residents.

Retail Three kinds of Points of Presence:

Retail Stores250-300 retail stores, each one of them larger than the average stores; same-day smartphone and tablet repairs, extremely polite and delightful staff that is there to serve, not to annoy. In Angie’s world the old adages still hold: the customer is king, and practically always right.

Megastores

20 Megastores, comparable with Virgin Megastores. Here people can see the most advanced communication services, including how the car of the future, office of the future, and the home of the future will look like (automation, entertainment etc.). Angie is dedicated to bring those displayed technologies to average-income households at very affordable prices in the near future.

Mansions10 Mansions… These are Angie’s Flagship Stores with the same specifics as the Megastores, which is accessible for everyone, but also with a top-class restaurant, concierge, service center and movie theater etc. exclusively for Angie subscribers. Comparable with Ralph Lauren’s flagship store in Paris, France.

Angie Fiber Nederland B.V.

Website : www.ang.ieEmail : info [@] ang.ie

Telephone : +31 10 742 2445Available from 10.00 am - 15.00 pm CET, Monday to Friday.

Please do not call us for sales / introduction purposes.