Company Overview

CulCharge is a privately held company which entered the consumer electronic technology industry to build innovative niche gadgets and charging solutions. The company intends to become global leader in mobile accessories and charging industry. CulCharge‘s business strategy leverages its unique ability to design and develop lifestyle consumer electronics products, to combine business models and exploit market niche opportunities.

At CulCharge, we design, manufacture and distribute unique ODM & OEM Apple licensed accessories, charging gadgets & solutions. With the combination of 3 business models (retail, merchandise, B2B charging solutions) that are interconnected, we are easily making sales-through with any company from almost any segment. This is proved by hundreds of closed deals with well-known local and international companies (Google, HP, McDonalds, ESET, Kia Motors, Billa, KPMG, etc.), telco carriers (Slovak Telekom, Vodafone, O2), banks (Slovenska Sporitelna bank, Tatra Bank, Postova Bank), distributors (Westech) and retailers (iStores, Mall).

CulCharge technologies simplify and increase life standards of customers all around the world.We believe our growing know how in product development, manufacturing, logistics, marketing and sales will lead to fulfill our goal of accomplishing our mission and vision and to become globally recognized market leader.

Mission: To build high-valued products that will solve daily problems of global population.

Vision: To charge the world.

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DUE DILIGENCE SUMMARY

CulCharge: The Story behind

Founded by two City University alumni Jozef Zemla and Viktor Reviliak, CulCharge is in the business of developing unique innovative charging devices for various customers.

The first product from the company called CulCharge Cable was successfully crowdfunded via Indiegogo in 2013. This provided instant global success as well as secured initial financing of $94.311. Market niche that CulCharge cable filled brought on board first B2C and B2B customers, as well as attention of media. Based on this success, CulCharge won Startup Awards, Business idea of the Year and became rising star of Central Europe Startup scene. Successful exhibitions at CES in Las Vegas or MWC in Barcelona allowed CulCharge to create international distribution network and find new suppliers.

Feedback from existing customers led to further development and evolution from CulCharge cable to CulCharge PowerBank 3-in-1. Growing know-how, network and financial possibilities & cooperation with Slovak Telekom “guaranteed” another instant hit on Indiegogo in 2015, where the startup collected $118.106.

Since then, CulCharge started to build company’s structures, and moved from Start-up to Scale-up phase. Combination of emphasis on design and unique business approach provides continuous growth of the company as well as attracts top tier employees and customers.

In 2016 CulCharge started strategic cooperation with Westech s.r.o. (one of the biggest distributors in the region) which enabled further growth and brought new opportunities. This partnership raised credibility of CulCharge and allowed another growth while keeping the 100% equity. Due to growing demand for CulCharge products, company added top selling OEM products to its portfolio. This helped to speed up cash flow and increased revenue.

CulCharge is currently developing various products, such as new version of keychain power bank, called CulCharge 2:GO, QuirkyBall (confidential project for 2018) which will attract media’s attention, get new potential customers from coming trade-shows, all of these will significantly increase the revenue .

With continuous development and implementing innovative techniques in both development and business, CulCharge became expert in charging technologies and has an ambition and goal to become charging leader on global scale. For this purpose, company is looking for strategic partner, that will help CulCharge to achieve this ambitious goal.

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CulCharge Founders

Viktor Reviliak, MBA | CO-FOUNDERViktor has 7 years of experience regarding international business & marketing and he is one of the pioneers regarding alternative financing of crowdfunding in Slovakia. He is co-creator of 2 most successful crowdfunding projects in Slovakia. Viktor's key role is strategic business development and marketing. Viktor has been selected 3x times in a row by Forbes 30 under 30 along with other talented people in Slovakia. https://www.linkedin.com/in/viktor-reviliak-mba-31126327/

Jozef Zemla, MBA | CO-FOUNDERJozef has more than 10 years of experience regarding product development, manufacturing and managing several companies. He is behind ideas & concepts of ODM products developed by CulCharge, he is managing R&D, and transforming these concept onto final consumer products. Jozef is co-creator of 2 most successful crowdfunding projects in Slovakia. Jozef's key role is strategic business & product development, managing financing, R&D and manufacturing in China. https://www.linkedin.com/in/jozefzemla/

CulCharge Strategic Partners

Ing. Matej Srsen | CEO of Westech, spol. s r.oMatej is the founder and CEO of WESTech (268 million EUR turnover), one of the largest distributors of IT products & accessories. WESTech is part of ELKO Group (1,5 billion EUR turnover) which is one of the biggest distributors in CEE region. Matej has more than 15 years of experience in distribution & accessories business. Matej also owns iStores, one of the biggest Apple Premium Reseller chains in Central Europe. https://www.linkedin.com/in/matejsrsen/

Ahmed Ashraf | Senior Vice President, Global Strategy Akyumen Technologies CorporationAhmed is an entrepreneurial Executive with successful history of P&L leadership and 24+ years of career (18+years in Telecom industry) distinguished by sustained accomplishments in telecom, services, distribution & retail industry. Currently associated with Akyumen Technologies as SVP Global Strategy and previously with Brightstar as General Manager for Middle East & North Africa, Ahmed comes with more than 2 decades International experience to CulCharge Board. Ahmed has extensive hands on experience in start-up establishment, New Brand launches, new market & channel development and has worked on Brands like Siemens Mobile, HTC, LG Mobile, Acer Smartphone, Motorola & Apple.https://www.linkedin.com/in/aashraf/

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Culcharge Achievements & Awards

CulCharge’s amazing journey with many ups and some downs is attracting media, business environment all around the world. CulCharge gains achievements and awards on regular basis which is a result of hard work and continuous growth of CulCharge know-how.

● Awarded by Amazon

● Winner of StartUpAwards.sk

● Winner of Young Innovative Entrepreneur

● Winner of Entrepreneur Project of the Year by Investors

● 3x in a row selected by Forbes 30 under 30

● 2x successful crowdfunding campaigns

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CULCHARGE PRODUCT PORTFOLIOCulCharge is combining Original Design Manufacturing with Original Equipment Manufacturing products in its product portfolio.ODM products proves innovation potential of CulCharge brand as well as media & marketing coverage, uniqueness and interest of industry professionals, from suppliers, through logistic companies to wholesalers, distributors and retailers. OEM products developed by our partners (which we rebrand) allows us to speed up cash flow and continuously raise turnover of the company. Moreover OEM products help us to raise product portfolio faster and consequently attract new and bigger distributors, wholesalers and retailers.

ODM – ORIGINAL DESIGN MANUFACTURINGCulCharge cable, CulCharge PowerBank 3-in-1, CulCharge PowerBank 2:GO, QuirkyBall (confidential project 2018)OEM – ORIGINAL EQUIPMENT MANUFACTURING CulCharge Charging Stations product portfolio, CulCharge accessories product portfolio (www.culcharge.com ) TARGET GROUPMid-class and higher class smartphone users of iPhone and Android mobile devices. COMPETITIVE LANDSCAPENomad, Native Union, Griffin, Belkin, Celly, Chargetech. SELECTED CULCHARGE CUSTOMERSBilla, Google, McDonalds, KPMG, Forbes, Mall Group, Slovak Telekom, Slovenska Sporitelna bank, O2 Telefonica, Dell, Vodafone, Google, HP etc.

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ife.ODM – ORIGINAL DESIGN MANUFACTURING

CulCharge 3-in-1 PowerBank 3-in- 1 Powerbank is the world’s smallest 1000 mAh powerbank on keychain, that is always with you.

● MFi Lightning | micro USB● 1000 mAh battery ● data and charging cable● with keychain

CulCharge Powerbank 2:GO

Powerbank 2:GO is the world’s smallest 2000 mAh powerbank with wireless charging, on keychain.

● MFi Lightning | USBC | micro USB ● 2000 mAh battery ● wireless charging● data and charging cable● with keychain● Launch Q2 2018

CulCharge Cable

Lightning and micro USB charge & data cable is the world’s smallest keychain gadget.

● MFi Lightning | micro USB● 6 cm ● data and charging cable● with keychain

CULCHARGE Power stations

CulCharge extend product portfolio by various charging stations for B2B business channels. These OEM stations provided by CulCharge already attracted customers like McDonald, KPMG, ESET, Coca Cola, Zoot, SLSP Bank, Tatra Bank, Postova Bank, Kia Motors and many others.

● Power Tables● Charging Dock Stations● Charging Lockers● Charging pads● Charging Solar Stations● And many others

CULCHARGE Accessories

CulCharge extend product portfolio by various mobile accessories for Retail business channels. CulCharge is continuously spreading product portfolio in order to attract big retail and etail chains. (iStores, Mall, CZC, Apple Premium Resellers etc.)

● Charging cables● Screen protectors● Memory cables● Wireless Charging portfolio● Car chargers● And many others

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ife.OEM – ORIGINAL EQUIPMENT MANUFACTURING

Research & Development Concept Design & Vision Confidential Project Launch 2018

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ife.CulCharge Innovation

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Present

CulCharge is prototyping, developing, redesigning inhouse and mass manufacturing in Shenzhen, China for more than 5 years. From smallest charge & data cables on keychain, 3-in-1 & 2:GO PowerBank to wireless charging and OEM accessories.

Within this period the company learned chinese processes, methodology and culture where CulCharge earned much valuable experiences that are allowing this former startup to further progress in developing more and more sophisticated products while using the latest technology.

CulCharge is currently working with 5 Apple licensed manufacturers in specialising in following fields:

● Cables● Power banks & wireless charging● B2B Charging solutions, cables & wireless charging● Tempered glasses, cases, cables● Cables & connectors

Know-How of developing Unique Tech Products

Future (Product Concept Pipeline 2018 - 2022)

CulCharge team excels in Research, Design and Development. Our team of tech and gadget enthusiasts is always coming up with new innovative market niche ideas, and transfer them to unique and beautiful products that consumers enjoy on daily basis.

Growing Mobile and Charging markets, CulCharge team’s know-how, worldwide customer’s feedback is laying down to ground for exponential growth.

CulCharge main R&D&D focus:

● Quirky Ball (2018 - confidential)● Mobile Charging● Mobile Accessories● Qi & Solar Technology● Backup Charging● Mobility Charging● Urban Charging● Charging Stations for vehicles, mobile devices, etc.

Business models

CulCharge unique product portfolio allows us to diversify and penetrate three business models. All of the partnerships provided by these models deliver future opportunities for fast go to market strategies for all new products CulCharge team is continuously working on.

RETAIL/ETAILRetail – Apple Premium Resellers (APRs), Consumer Electronic Retailers, other distributorsE-tail – Amazon.com, czc.cz, mall.cz, iStores.cz, istores.sk, etc. MERCHANDISECulCharge gadgets are the world's smallest and unique charging products on keychain making them an ideal gift, merchandise for brands' employees and customers. Merchandise selected customers - KPMG, Dell, HP, Google, T-mobile, O2, Billa, KIA Motors, Forbes, ESET and many others. B2B CHARGING SOLUTIONSBanks, Slovenska Sporitelna bank, Tatra Bank, Postova BankSports & exhibition areas – Wakelake, HangairFestivals - Pohoda & Grape festivalsHORECA - McDonaldsBrands - Zoot, Eset, KPMG, Mall Group

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References

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ife.CulCharge Intellectual property

Value of CulCharge brand is growing continuously with and CulCharge team realizes importance of Intellectual Property. We are protecting all of details, that represent uniqueness of our Innovation, Design, Products and Brand:

● Registered CulCharge Brand● Industrial Designs for CulCharge Cable, PowerBank 3in1,

PowerBank 2:GO● MFi License for all Apple accessories● CE, RoHS, UN38.11 for all products● Exclusive Distribution of B2B Charging solutions in Slovak

and Czech Republic● Distribution contracts● Insurance - Sum Insured 8.650.000 Eur

CulCharge distribution

WAREHOUSESAsia: Westech s.r.o., Hong KongEurope: Westech s.r.o., Bratislava, Slovakia, EUNorth and South America: Overseas Connection Inc., CA, USA EXCLUSIVE DISTRIBUTORSa.) Slovak & Czech Republic - Westech with access to ELKO Group, Latvia, Estonia, Lithuania, Russia, Ukraine, Romania, Slovenia, Sweden and Kazakhstan. b.) United Kingdom, Vibe Active Communications Ltdc.) Saudi Arabia, SACO d.) Kuwait, 7th Dimension General Trading Companye.) Portugal, Nortewavef.) USA, Overseas Connection Inc., Jeff Gross - Pokerstars + Gaming Industry, YDBC - Merchandise h.) further exclusive contracts in progress (Turkey, Israel, Spain)g.) plenty of non-exclusive distributors and retailers around the world

Strategic Partnership with Westech (part of ELKO Group)

WESTech is one of the largest distributors of IT products from the world's most prestigious brands such as AMD, Apple, Dell, ESET, Gigabyte, HP, Intel, Microsoft, OKI, Sapphire, Samsung, Seagate, Western Digital and others. WESTech company achieved a turnover of 268 million EUR in 2017.ELKO Group is one of the largest wholesalers of IT products and IT solutions and services distributors in Eastern Europe, now also actively expanding to the Central Asian market. ELKO operates in 11 countries - Latvia, Estonia, Lithuania, Russia, Ukraine, Romania, Slovenia, Slovakia, Czech Republic, Sweden and Kazakhstan and has a turnover of 1,5 billion EUR in 2017.

● Westech & CulCharge signed master contract which allows CulCharge to use financial, logistic and strategic services for further global distribution.● Westech purchased CulCharge goods in total value of more than $600.000 within 2 years of our partnership● Westech and CulCharge agreed on creating OEM line of top selling Apple smartphone accessories

where we currently have standart cables, tempered glasses. By this year we will add complete wireless portfolio from our proved suppliers. ● Westech and Culcharge also agreed on Retail/Etail penetration to retailers/e-tailers in Central Europe.

iStores Case Study (Westech)Westech’s iStores is the biggest Apple Premium Reseller chain in Czech & Slovakia. At the top of selling CulCharge in retail, iStores is using CulCharge products as premium merchandise as bundles with Apple products, black Friday deals etc. Open channel to distribute CulCharge products and have continuous revenue. Based on iStores case study, CulCharge would like to open channels to APR chains worldwide.https://www.istores.skhttps://www.istores.cz

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ife.CulCharge Crowdfunding Campaigns on Indiegogo

Creativity and curiosity of CulCharge founders and their team led to two most successful Crowdfunding campaigns from Slovakia. Reward based crowdfunding provided by Indiegogo not only proved high potential of CulCharge products, but provided initial financing, global attention of media and brought first distributors and wholesalers to the table. Two successful Indiegogo campaigns transformed CulCharge products into instant hits, and provided pre-orders from more than 100 countries from more than 4000 backers in total value of $212,417.

CulCharge: Smallest USB charge & data cable● 40 days in 2013● $94.311 raised● 3076 backers● 72 countries worldwide

CulCharge: The Smallest Wearable 3-in-1 PowerBank● 40 days in 2015● $118.106 raised● 1091 backers● 66 countries worldwide

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CulCharge story, products, journey and exhibitions are very attractive for TV, print and online media, which provides effective viral

marketing and raise reputation and global reputation of CulCharge products and brand. Hundreds of articles were written about

CulCharge all around the world in tens of languages:

● Mashable.com - Stay Powered Up With This Tiny USB Smartphone Charger

● Newatlas.com - CulCharge puts a powerbank and charger on your keychain

● Crowdfundinsider.com - CulCharge’s 3-in-1 Keychain Scores $60,000 in 31 Hours During Second Indiegogo Initiative

● Trendhunter.com - This Tiny Portable USB Charger for Your Phone Fits On a Keychain

● Europa.eu - The success story of the Slovakian startup Culcharge

● Phonearena.com - CulCharge is a tiny charging and data cable for your smartphone

● Techitout.com - CulCharge The Smallest Wearable 3-in-1 1000 mAh PowerBank – Not just an ordinary key chain

● Macdigger.ru - CulCharge: Lightning-брелок и аккумулятор в карманном формате [видео]

● Yankodesign.com - PUTTING POWER IN YOUR POCKET

● Mobilarena.hu - MWC 2018: Qi a CulCharge mini vésztöltőjében

● Slovakstartup.com - CulCharge: Successful Crowdfunding Campaign? Do Your Homework Properly

● USBtips.com - CulCharge – World’s Smallest USB Charge and Data Cable for iPhone and Android

● Foerderland.de - CulCharge: Kurzkabel für iOS, Android und andere

● Pcrevue.sk - MWC 2017: Toto prezentovali tri firmy reprezentujúce Slovensko – Eset, CulCharge a Drone n´base

● Redbull.com - Týchto 10 'Made in Slovakia' vecí chceš v batohu

● And many others (google “CulCharge”)

CulCharge in Media

Culcharge Tradeshows & Exhibitions

CulCharge Team is active in exhibiting at world’s biggest and most important consumer electronic and mobile exhibitions and trade shows. Thousands of professionals from the industry visit our booths every year, which provides brand recognition & reputation and opens up new sales, distribution, logistic & manufacturing partnerships.

● CES 2014 Las Vegas, Nevada, USA

● WORLD EXPO Milan 2015 Italy, EU

● IFA 2015, Germany, EU

● Brightstar 2015 Dubai, UAE

● CES 2016 Las Vegas, Nevada, USA

● MWC 2016 Barcelona, Spain, EU

● MWC 2016 Barcelona, Spain, EU

● CES 2017 Las Vegas, Nevada, USA

● MWC 2017 Barcelona, Spain, EU

● CEBIT 2017, Germany, EU

● CES 2018 Las Vegas, Nevada, USA

● MWC 2018 Barcelona, Spain, EU

● All together more than 1300 professional contacts from industry

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ife. Planning International Structure

SWOT analysis Strengths

● Design● Research & Development● Business models● Strategic location● Unique ODM products● Established distribution network● Global media coverage● Recognition at global exhibitions● Strategic partnership● 100% equity hold by 2 founders● 1300+ contacts from industry● Licences & Certificates

Weaknesses● Slower growth due to

bootstrapping● Limited Human Resources● Limited R&D

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Opportunities● to exponentially increase revenues● to spread product portfolio by

proven and popular products● To enter new markets that

CulCharge already operates on● To build strong global brand

based on reputation and continuous global success of CulCharge. To extend product portfolio under CulCharge brand

Threats● Global recession● New breakthrough technology

(that might be opportunity on the other hand)

OPPORTUNITY FOR INVESTOR/PARTNER/BUYER

● Immediate access to established, Apple licensed, European brand for smartphone accessories (one of the biggest and highest growing segment worldwide) with premium design and made from ODM & OEM products

● Guaranteed demand from our distribution network (Westech, iStores, Vibe Active, SACO, Mall Group and many others) – this distribution network is and will be increasing exponentially, while adding more and more products.

● Know-how of Chinese manufacturing, processes, licensing, logistics (currently we cooperate with 5 suppliers in Asia, in the future we plan to add tens of more), this also lays down the opportunity to ->

● Future product portfolio for charging cars, households etc. and then penetrate other markets such as green energy, wind & solar energy

● 1300+ contacts to biggest retailers, distributors and members of biggest international companies, gained from CES 2014, CES 2016, CES 2017, CES 2018, MWC 2015, MWC 2016, MWC 2017, MWC 2018, CEBIT 2017 exhibitions

● Intellectual property, CulCharge trademark + rights for all current and coming (currently in development) CulCharge products

● Opportunity to close deals with biggest international corporations, love brands and famous/sport/show business ambassadors

● Potential to fast and big scale-up to the global market.

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Summary CulCharge is 5 years old former startup based in EU with total revenue over 1 million USD, 100.000 pcs sold, with proven track record, great reputation among industry professionals, globally successful & continuously growing product portfolio (37 products), unique design approach, 2 successful crowdfunding campaigns ($212.000 raised), distribution network, history of 12 international exhibitions and 1300+ professional contacts, established R&D, logistic, warehousing (Hong Kong, EU, USA), designing, sales, marketing, exhibitions, distribution and accounting processes. Currently CulCharge is in transformational phase from startup to standart company with set up processes, ready to scale up.

CulCharge is in last phases of developing new ODM products (CulCharge 2:GO and QuirkyBall), that will provide new streams of interest, revenue, media coverage and opportunities to enter new markets. CulCharge is planning rapidly increase product portfolio by new ODM and OEM products, based on demand of our current distributors and business partners. With a hand-to-hand with B2B charging solutions, CulCharge offers unique business model which can be very well exploited (which is proven by hundreds of deals with companies from completely different segments). Wider product portfolio and more team members will open up new opportunities, and channels globally.

Mission: To build high-valued products that will solve daily problems of global population.Vision: To charge the world. Power. for Life.

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CulCharge Summary in numbers

● $5000 initial investment

● >$212.000 raised by reward crowdfunding (Indiegogo)

● 5 years on the market

● >100.000 units sold

● >100 countries - products delivered

● >1300 professional contacts from exhibitions

● 12 international exhibitions (USA, Spain, Germany, UAE, Italy)

● 15-37% Profit margins

● 37 products in portfolio

● 3 warehouses (HK, US, EU)

● 8.650.000 € Sum Insured

Contact us:Viktor Reviliak

viktor@culcharge.com | +421904178159

Jozef Zemlajozef@culcharge.com | +421903926140

www.culcharge.com