Tingo, Inc. (IWBB) Corporate Media Kit

65% 60% 55% 50% 45% 40% 35% 30% 25% 20% 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) Africa is positioned for long-term growth Demographic dividend I : Fastest growing population on earth Improving business conditions 40 45 50 55 60 65 70 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 SSA World Bank Doing Business score (100 = max) 26% 26% 24% 23% 19% 16% 3% 9% 8% 8% 12% 15% 18% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Africa World North America Europe Lat America Asia % under 15 % over 65 Demographic dividend II : Youngest population, by far 18 41% Declining poverty and increasing affluence World Bank World Development Indicators, World Economic Forum, EY 18 % Population in select age groups 31 31 33 35 42 Oceania Median Age “The big building blocks are now in place. Africans are the beneficiaries, but so are the next wave of investors” Rod Wolfenden EY Africa 6x Latin America 5x Asia 4x N. America 2x Europe 1.3x 1950 Population 6

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