Chess iX is an IT development center with over 130 employees specializing in payment and transaction software. In 2011, Chess iX had revenue of €15 million serving over 20 large companies. It offers services including consulting, software development, and application management. Chess iX has built several software components and solutions for ecommerce, payments, ticketing and other industries. It aims to deliver high-quality, flexible software and services to enable transactions across channels including web, mobile and physical points of sale.

1. Chess iX
Summary Overview per 2011
Date: June, 10th 2011
Copy: V1 – Chess
This document is prepared by Chess iT International BV
Chess iX– Confidential

2. Key figures Chess group Overview per 2011
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Chess iX - Confidential

3. Summary Chess iX Overview per 2011
Introduction Market
• Chess iX is an IT design and development center whose core • Long lasting relationships with large and medium sized
disciplines are system specifications, software design &
companies:
implementation and system integration. Chess-iT provides full life – Main revenues in the financial and banking area, upcoming are large
cycle management & support. eCommerce companies and bigger companies in need of critical IT
• The Company develops IT products and applications within the systems.
financial service industry, the service industry in need of – Long term contracts with clients; Project-contracts in combination
transactions, ticketing, access control and payment solutions. with a long term Service contract.
– Over 25 of the top 100 Dutch companies are client of Chess.
Propositions – A selection of clients include: Amsterdam Arena, ANWB, Bank
Mendes Gans, Equens, ING, NS (Dutch Railways), Rabobank, Royal
• Services Dutch Football Association (KNVB), TransLink Systems, Connexion.
– IT Consulting, Software Product Development, Application Life
Cycle Management, Operations & Support • Revenue Model:
– Building blocks for – Consultancy on time & material;
– eCommerce, eTicketing, – Fixed price projects, based on hours, rate, risk assessment ;
– ePayments (online, mobile, contactless), eLoyalty – Maintenance & Support fees (SLA’s);
– eInvoicing – Software licenses.
• Projects in the area of:
Part of Revenues 2011 Part of Revenues 2011
– ePayments
– eInvoicing 10%
Projects with ALM Banking, Payments
– eLeasing 15%
– eTicketing 40% Leasing
16% SLA
– Cashmanagement 20%
Ticketing
75%
Other; Consultancy/ 25% Other
Licences
5
Chess iX - Confidential

4. The characteristics of Chess iX Overview per 2011
A structured organization with a strong entrepreneurial spirit Employees
• A highly respected IT company with an excellent reputation • Chess iX believes that employee satisfaction and shared
known for its innovation, reliability and quality standards: objectives are crucial to strong business performance
- Chess iX is specialized in the creation of new products and - Pleasant and challenging working atmosphere and culture.
services with a focus on Java/J2EE architectures; - Culture based on self-support; Top Talented style
- Market oriented development and service teams led by - Highly skilled employees: Most of the Chess iX employees have a
experienced principals complemented by a consultancy team; technical education and several years of experience with system
- ISO 9001 Quality and test capabilities integrated in the project engineering
approach;
- Knowledge management is guaranteed as a result of availability of Education
time for innovation and IT education. 2% 10%
44%
44%
• Range of opportunities :
- There is a new demand of high quality software development for
critical applications and products;
- An increased demand of application life cycle management for Intermediate
(MBO) Bachelor
(HBO)
developed software solutions and devices; Master
(University
degree) PhD
(Dr)
- A growing demand for ePayments in the online world as
eCommerce is growing rapidly and looking for alternatives;
MANAGEMENT TEAM
- Mobile is the next big thing: Based on current market trends it is
clear transaction systems need to be available in the mobile
channel and especially for Android, a Java/Eclipse based
environment which is at Chess iX in place; PROJECTS O
- NFC is the emerging technology to bridge the online and mobile F
world with consumer facing transactions (payment, ticketing, F
advertising, identification). Chess iX has several IP owned SERVICE MANAGEMENT I
software solutions available for this upcoming wave. C
E
OPERATIONS
Chess iX - Confidential 5

5. Portfolio Chess iX Overview per 2011
Chess main services Software components Experience
Software development center PURE Router /PSP in the box eComm/Mobile Portals
System Integrator PURE VAS / Virtual Account System Payments / Transactions
Service management & Operations PURE eCommerce / Ticketing Cashless systems
PURE Transaction Host E-Invoicing / Cash Management
Pay4You Go NFC reader Ticketing/ Voting
Rabobank ING Equens BMG KNVB Ziggo INGLease AH TLS Connexxion TUI NS Rabo Mobiel ArenA
Chess iX - Confidential

6. Chess Payment Products & solutions
Overview per 2011
Transport Restaurants/Bars Retail Sports Leisure/Culture
Pay4You Pos Terminal Pay4You GO PURE Transactions
EMV POS terminal: Contactless payment terminal: Ecommerce/Mobile platform:
• Mobile and stationary version • Stationary/Unattended/Mobile • Productmanagement
• PIN/Maestro • Contactless interface • PSP interfaces
• Mastercard/Visa credit card • Chip reader • Account system
• PCI2.0/PCI+ 2.0 • Paypass/Paywave ready • Payment Routing
• EMV L1 & L2 • OV chipkaart ready • eWallet
• Contactless interface • Direct internet connection • Topups
• Mag reader • Event software • Loyalty
• EMV card reader • Account system
Chess iX - Confidential

7. Fit for Purpose, Use and Change
Overview per 2011
• Fit for Use
Existing system was not fit for use
Complete rebuild with focus on technical quality
TCO from 1.6 Meuro to 0.6 Meuro per year
• Fit for Use
Existing system outdated and new techniques/functionalities required
Complete new design, architecture and software development
New standard for all Football/Sport organizations for ecommerce
Fit for multichannel (pos, web, mobile) ticketing and ecommerce
transactions
• Fit for Purpose
Quotation process took 21 steps and 3 days,
Now 3 steps and 15minutes
Sales volume +33% ; Market share +4%
• Fit for Change
Initially online wallet for micro-payments
Modern, flexible architecture
Successfully repurposed several times, currently a generic back office
system for multi-channel payments
5
Chess iX - Confidential

8. ALM as delivery model Overview per 2011
• Pitch:
- Governance, management & Operational Services
- Fixed team
- Constant reporting
- Constant Software Code Monitoring / Sonar + SonarJ
- Life Cycle Management
Chess iX - Confidential 8

9. Communication
Overview per 2011
All communication with respect to this document should be addressed to the Chess information Technology B.V.
Mr. Rene Hodde
Rene.hodde@chess-ix.nl
M: +31 (0)6 50678778
Chess iX
A Chess IT International BV company
T: +31 (0)23 5149149
F: +31 (0)23 5149199
Postal address:
P.O. Box 5021, 2000 CA Haarlem, The Netherlands
Visitors address:
Lichtfabriekplein 1, 2031 TE Haarlem, The Netherlands
Chess iX - Confidential 9