CLEAN ENERGY VEHICLES

FOR LAST MILE

TRANSPORTATION & DELIVERY

This presentation has been prepared exclusively for the benefit and internal use of potential partners & investors to whom it is directly addressed in order for them to evaluate, on a preliminary
basis, the feasibility of a possible transaction or collaboration and does not carry any right of publication or disclosure, in whole or in part, to any other party. This presentation is for discussion
purposes only and is incomplete without reference to, and should be viewed solely in conjunction with, the oral briefing provided by authorised persons. Neither this presentation nor any of its
contents may be disclosed or used for any other purpose without the prior written consent of RahRah Technologies LLC.
Executive Summary
 Commercial Overview
04 ELECTRIC MICRO MOBILITY has
become a vital need. RahRah
Technologies will produce solution-
05 DIGITAL ECOSYSTEM will be integrated
across the whole value chain

centric clean energy vehicles

Battery swapping
Manufacture / assemble infrastructure

Last mile hailing /

E-commerce
sharing service
fulfilment

DIGITALLY ENABLED TRANSPORTATION SOLUTIONS FOR MICRO MOBILITY SECTOR.

MIDDLE EAST, ASIA & AFRICA BEING THE TARGET REGION.
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 Financial Dashboard
MARKET SIZE - UNITS ANNUAL SALES - UNITS REVENUE – USD REVENUE – BY REGION
Market Share

0.2%

1.5%
50% reduction (worst case)
assumed

ESG (2021 – 2025) CAPITAL EXPENSES – USD

• More than 11 emerging markets covered.

• 4.2 billion green miles driven.

• 1.4 million tonnes of carbon offset.

REVENUE EBITDA NPV ROCE • 65,000 new jobs created through self-
employment & micro-financing.
US$173m 16% US$120m 59.9% • 2,600 e-charging stations deployed.
in 2025 in 2023 @11.4% in 2025

SERIES-A FUNDING OF US$12.5m BEING RAISED ($5m for 2020 & $7.5m for 2021)
TOTAL PROJECT COST: US$37.5m
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The Big Picture
BEHAVIORAL CHANGE
The COVID effect

SOCIAL DISTANT WORKING PERSONAL ECOMMERCE LOGISTICS UNDER

DISTANCING & LEARNING TRANSPORT IDLE EXPLOSION PRESSURE

Private space a Digital uptake a Green Mobility Fast order Last mile delivery
priority in urban necessity solutions sought fulfilment expected required
societies

DOMINANCE OF DIGITAL & SHARED ECONOMIES

COMMUTERS REQUIRE SAFE RIDE HAILING & SHARING SERVICES
MORE GOODS NEED TO BE PHYSICALLY MOVED & DELIVERED
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 De-carbonising the World

Green initiatives have already

decoupled from Oil prices &
production. US$1.2 trillion have already been
invested in Green Energy Solutions
with US$13 trillion more to come.

Post-Covid Economy will witness

Rapid Green Innovation.

Source: International Monetary Fund

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 Going Micro Mobile
Estimated size of micro mobility market, by region, in 2030, $ billion
Demand for micro-mobility solutions is expected to
increase exponentially in the next 10 years. ~ US$330 –
500 billion for US, Europe & China alone. Developing
markets shall follow the suit.
Source: McKinsey&Company

Last mile delivery market growth

Rising demand of e-commerce and consumers’ need for

faster delivery boosting last mile delivery growth.

Global last mile delivery market will reach over US$34

billion by 2025. Asia would reach $2.5 billion.

Source: Research&Markets.com

WITH RECENT PANDEMIC, MICRO MOBILITY TRANSPORTATION IS BOUND TO GROW

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 Is the demand there?
Three-wheelers (Tuk-tuks) Global electric Two-wheeler
have been instrumental in last electric market was US$11.8
mile transportation globally billion in 2018 and will reach
due to its low cost and easy US$16.8 billion in 2024.
maneuverability.
The ability to offer considerable
Global market will increase by 60% (2024) environmental benefits as opposed to
due to rising demand for transportation gasoline-powered vehicles will be
in Asia & Africa. instrumental in the growth of this
market.
Initiatives by the government, superior
Growing inclination towards last quality and reliability will boost the
mile delivery of products would growth of Electric Motorcycles &
further propel three-wheeler Scooter Market.
growth over the next five years.
IKEA, Amazon & Grab have Source: Research&Markets.com

already committed to massive

tuk-tuk fleets in Asian markets.

TWO & THREE-WHEELER ELECTRIC VEHICLES ARE SIGNIFICANTLY IMPORTANT IN THE

LAST MILE DELIVERY / TRANSPORTATION ECOSYSTEM
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Commercial Plan
 Introduction
RahRah Technologies will address the micro-mobility & delivery
segment by manufacturing solution-centric electric vehicles.
Key manufacturing will be centralised in Qatar to take
advantage of the local industrial infrastructure and
geographical proximity to the target markets.

Three-wheeler
Tuk-tuk that is modern, Future expansion into four-
safe & durable, yet cheap wheeler light commercial pods
to produce for mass
scale use

A simplistic two-wheeler
scooter that shall
mobilise the masses

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 ESG at the core
GREEN CREDENTIALS
1.4 million tons of Carbon Offset in 5 years
~ Offset equivalent to 23 million Trees x 10 years or 300 Wind
Turbines running for a year. source: epa.gov

SOCIAL IMPACT
Up to 65,000 new jobs in 5 years
> Economic / SME Business Stimulation & Poverty
Elevation.

SUSTAINABLE INNOVATION
Supporting Government Policies
> Accessible Mobility & Traffic Decongestion.

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 team

Design & Manufacturing

Management

OBAID RAHMAN has over 24 years of senior
management experience in commercial, strategy, digital
transformation & product development. He has a successful
track record of managing multiple geographies whilst
delivering against commercial & financial targets. Recognised
as the top 100 most influential telecom wholesale personnel,
he has worked with blue-chip companies in Europe, Americas,
Middle East & Asia.
Most recently, he has served as the Chief Commercial Officer
and Head of Strategy for Ooredoo Global Services. He has
done his MBA from HEC Paris with majors in Digital
Transformation and is also an alumni of London Business
School.
STEVE HARPER is a graduate of the Royal College of
Art, London, in Automotive Design. He also is a qualified
Automotive Engineer and has 40 years experience of working
for many of the major automotive and vehicle manufacturers.
A portfolio of over 30 vehicles to his name, he has been the
Chief Designer for Volvo Cars in Sweden for 8 years, as well as
assisting the creation of Geely Design in Europe and China. He
is currently the Head of Creative at Proton Design in Kuala
Lumpur, Malaysia.
ANDY LEE obtained his BA Product Design degree from Central St
Martins UK and his Masters of Design degree from PolyUniv of HK.
Previously, he was the Research and Development Manager at Spin Master,
a renowned innovative toy company. He has over 25 years of experience in
designing and managing a diverse range of products. for brands such as
Audiovox, Bandai, Body Glove, Philips, RCA, SeaDoo, Speedo, Timex and
Thomson. He is also a part time lecturer in Hong Kong Design Institute.
VINCENT CHAN is an experienced industrial designer and is
proficient in design execution from ideas to production with accurate
direction. He was recently awarded Consumer Product design grand award
with the HandyRehab Project. He graduated from The Hong Kong
Polytechnic University, School of Design, BA (Hons) in Industrial design and
has worked on designs since 2007 for brands such as AEG, Alcatel, Body
Glove, SeaDoo, Speedo, Milwaukee, Motorola and Yamaha.
ROY YIP is a project engineer and has more than a decade of experience
in mass manufacturing line machine production and management. Roy
graduated from Hong Kong University with a Master degree in Science
Medicine, BS(Hons) in Applied chemistry from City University of Hong Kong.

Over 115 years of cumulative

experience in Global Operations, Digital
Transformation, Design & Manufacturing
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 Strategic Partnerships

HoldCo. / Intellectual Property

Manufacturing & Sales

Design & Innovation HoldCo set up in Qatar Financial Centre.

Manufacturing / assembling facility to be done in Qatar Free

Design, Innovation & Digitalisation to be done under Qatar Incubation Zone.
Ecosystem i.e. QSTP, TASMU & QBIC. E-scooters kit, Ride hailing & battery swapping platforms in
Shado Design UK / ARVenture Studio Hong Kong partnering on design, partnership with Gogoro.
R&D, materials & sourcing. Electric three wheelers to be potentially manufactured under
Hong Kong Productivity Council to provide rapid prototyping & testing. technology license from CleanMotion.
Saietta UK to collaborate on efficient drivetrain solutions. Process / production engineering in conjunction with ICONA.
Collaboration with myFC on potential use of Hydrogen Fuel Cells
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Lean manufacturing will take place in Qatar and vehicles will be
shipped as flat-packed units to target markets.

Final assembly of all vehicles will progressively be done in relevant

market to utilise local government subsidies & create employment.
Parts deletion program to be aligned with local regulation.
ASIA

E-charging station infrastructure will be deployed in every market in

conjunction with governments & local partners.

QATAR

AFRICA

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An innovative battery swapping technology will be utilised to eliminate
Range Anxiety and make recharging easier with less downtime.

Monthly subscription / Pay as you go energy packages to be offered to

users.

A sustainable e-charging eco-system will be created in each market.

Business model of real-estate intensive charging stations to be replaced

with small / modular battery charging points.

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Last-mile transportation ecosystem that shall be more
efficient than current car-hailing options.
Metro & Smart Cities are potentially key target
projects to address last mile needs.
Both electric Tuk-tuks and self-ride e-scooters to be
integrated.
Majority of Asian population is already accustomed to
Tuk-tuk as a viable last mile option.
Service shall be rolled out in all markets RahRah Technologies would enter and
potentially integrated with ride-hailing companies like , &

Downtown Train Parks

Shopping
Varied Hotels & Areas Gated
Communities
Stations Bus Malls Airports
Potential Resorts Stadia Marinas Terminals Cruise
Terminals
Uses Smart
Cities Tour
Operators
Major Events
FIFA World Cup Golf
Courses

Connected Connected Connected Connected

App Vehicle Battery Network Strictly Confidential
 Delivery miles will soon become one of the highest
deliver
contributors towards carbon emissions unless e-
commerce fulfilment companies adopt electric LARGE ENTERPRISE EFFICIENCY

vehicles.
Green delivery is a largely unaddressed agenda which
is misaligned with Government policies at the
moment.
Purpose built last-mile solution for this growing
segment.

MICRO BUSINESS ENABLEMENT

Farm to Market
Mini Cargo

Pop-up
Cafe
Food
delivery

E-commerce
fulfilment
deliver

MEDIUM ENTERPRISE FACILITATION

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 Roadmap
PHASE I PHASE V
QATAR MODEL PROJECTS MAJOR EXPANSION INTO
Metro Last Mile Ride Hailing ASIA & AFRICA
Smart Cities Ride Sharing
INCREASED EXPORTS TO
Delivery Scooters
SMALLER MARKETS

PHASE IV
INDONESIA &
BANGLADESH
PHASE II Mass scale assembly
QATAR
Factory for first set
of exports

PHASE III
PAKISTAN &
SRI LANKA
Mass scale
assembly

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Financials
 Market Size
THREE-WHEELER ANNUAL SALES - 2019 TWO-WHEELER ANNUAL SALES - 2019
Environmental & Environmental &
Annual Unit Sales Urbanisation Annual Unit Sales Urbanisation
Geography Population Regulatory Geography Population Regulatory
Sales Penetration Levels Sales Penetration Levels
Constraints Constraints
Asia 4,501,226,910 1,497,000 0.03% Asia 4,501,226,910 53,430,000 1.19%
India 1,366,700,000 500,000 0.04% Medium High India 1,366,700,000 21,500,000 1.57% Medium High
Pakistan 212,700,000 80,000 0.04% Medium High Pakistan 212,700,000 1,900,000 0.89% High High
Bangladesh 159,077,153 42,000 0.03% High Medium Bangladesh 159,077,153 580,000 0.36% High Medium
Srilanka 20,639,000 75,000 0.36% Medium Medium Srilanka 20,639,000 360,000 1.74% Medium Medium
Thailand 67,725,979 80,000 0.12% High High Thailand 67,725,979 1,780,000 2.63% High High
China 1,364,270,000 450,000 0.03% High High China 1,364,270,000 15,500,000 1.14% High High
Indonesia 254,454,778 60,000 0.02% High High Indonesia 254,454,778 6,380,000 2.51% High High
Rest of Asia 1,055,660,000 210,000 0.02% Medium High Rest of Asia 1,055,660,000 5,430,000 0.51% Medium High

Africa 1,216,500,000 130,000 0.01% Africa 1,216,500,000 1,538,000 0.13%

Egypt 89,579,670 40,000 0.04% High Medium Egypt 89,579,670 438,000 0.49% High Medium
Rest of Africa 1,126,920,330 90,000 0.01% Medium Medium Rest of Africa 1,126,920,330 1,100,000 0.10% Medium Medium

Rest of the World 1,982,273,090 120,000 0.01% High Low Rest of the World 1,982,273,090 5,600,000 0.28% High Low

TOTAL 7,700,000,000 1,747,000 0.02% TOTAL 7,700,000,000 60,568,000 0.79%

Source: Statista; WorldBank; PAMA; GoldsteinResearch; Research&Markets

MORE THAN 1.7m THREE-WHEELERS & 60m TWO-WHEELERS PRODUCED ANNUALLY in 2019.

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 Market Growth
Growth rate -50% 0% 3% 5% 7% Growth rate -50% 0% 3% 5% 7%
Geography 2021 2022 2023 2024 2025 Geography 2021 2022 2023 2024 2025

Asia 748,500 748,500 770,955 809,503 866,168 Asia 26,715,000 26,715,000 27,516,450 28,892,273 30,914,732
India 250,000 250,000 257,500 270,375 289,301 India 10,750,000 10,750,000 11,072,500 11,626,125 12,439,954
Pakistan 40,000 40,000 41,200 43,260 46,288 Pakistan 950,000 950,000 978,500 1,027,425 1,099,345
Bangladesh 21,000 21,000 21,630 22,712 24,301 Bangladesh 290,000 290,000 298,700 313,635 335,589
Srilanka 37,500 37,500 38,625 40,556 43,395 Srilanka 180,000 180,000 185,400 194,670 208,297
Thailand 40,000 40,000 41,200 43,260 46,288 Thailand 890,000 890,000 916,700 962,535 1,029,912
China 225,000 225,000 231,750 243,338 260,371 China 7,750,000 7,750,000 7,982,500 8,381,625 8,968,339
Indonesia 30,000 30,000 30,900 32,445 34,716 Indonesia 3,190,000 3,190,000 3,285,700 3,449,985 3,691,484
Rest of Asia 105,000 105,000 108,150 113,558 121,507 Rest of Asia 2,715,000 2,715,000 2,796,450 2,936,273 3,141,812

Africa 65,000 65,000 66,950 70,298 75,218 Africa 769,000 769,000 792,070 831,674 889,891
Egypt 20,000 20,000 20,600 21,630 23,144 Egypt 219,000 219,000 225,570 236,849 253,428
Rest of Africa 45,000 45,000 46,350 48,668 52,074 Rest of Africa 550,000 550,000 566,500 594,825 636,463

Rest of the World 60,000 60,000 61,800 64,890 69,432 Rest of the World 2,800,000 2,800,000 2,884,000 3,028,200 3,240,174

TOTAL 873,500 873,500 899,705 944,690 1,010,819 TOTAL 30,284,000 30,284,000 31,192,520 32,752,146 35,044,796

IT IS SELF ASSUMED THAT MARKET SHALL DROP BY 50% IN 2020 AND THEN EVENTUALLY GROW
AGAIN.

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 2021 2022 2023 2024 2025
Market Share
Target Target Target Target Target
Market Market Market Market
Market Market Market Market Market Market
Geography Share Share Share Share
Share Share Share Units Share Share Share
Units Units Units Units
%age %age %age %age %age
Asia 0.0% - 0.1% 388 0.4% 2,766 0.9% 7,414 1.4% 12,440
India - - - - -
Pakistan - 0.5% 200 3.0% 1,236 5.0% 2,163 7.0% 3,240
Bangladesh - - 0.5% 108 3.0% 681 5.0% 1,215
Srilanka - 0.5% 188 3.0% 1,159 5.0% 2,028 7.0% 3,038
Thailand - - - 1.0% 433 3.0% 1,389
China - - - - -
Indonesia - - 0.5% 155 3.0% 973 5.0% 1,736
Rest of Asia - - 0.1% 108 1.0% 1,136 1.5% 1,823
A VERY CONSERVATIVE MARKET
Africa
Rest of the World
0.0%
0.2%
-
90
0.0%
0.7%
-
420
0.4%
1.0%
252
618
1.0%
1.5%
703
973
1.7%
2.0%
1,273
1,389
SHARE STRATEGY ADOPTED.
TOTAL 0.0% 90 0.1% 808 0.4% 3,636 1.0% 9,090 1.5% 15,102
AIM TO CAPTURE SEGMENT BY:
- 0.2% OF TWO WHEELERS
2021 2022 2023 2024 2025 - 1.5% OF THREE WHEELERS
Target Target Target Target Target
Market Market Market Market
Market Market Market Market Market Market
Geography Share Share Share Share
Share Share Share Units Share Share Share
Units Units Units Units
%age %age %age %age %age
Asia 0.0% - 0.0% 1,130 0.1% 14,495 0.1% 38,993 0.2% 65,735
India - - - - -
Pakistan - 0.10% 950 1.0% 9,785 1.5% 15,411 2.0% 21,987
Bangladesh - - 0.0% 60 0.5% 1,568 1.0% 3,356
Srilanka - 0.10% 180 1.0% 1,854 1.5% 2,920 2.0% 4,166
Thailand - - - 0.1% 963 0.2% 2,060
China - - - - -
Indonesia - - - 0.1% 3,450 0.5% 18,457
Rest of Asia - - 0.1% 2,796 0.5% 14,681 0.5% 15,709
Africa 0.0% - 0.0% - 0.0% 226 0.5% 4,158 1.0% 8,899
Rest of the World 0.0% 140 0.0% 196 0.0% 288 0.0% 606 0.1% 1,620

TOTAL 0.0% 140 0.0% 1,326 0.0% 15,009 0.1% 43,757 0.2% 76,254
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 Project Funding
PROJECT COST 2020 2021 2022 2023 2024 2025
INVESTMENT IN FIXED ASSETS $2,603,040 $6,523,051 $13,172,406 $24,158,632 $20,779,330

PRE-OPERATIVE EXPENSES
Design - Atnin, Talata, Battery Swapping $2,000,000
Prototyping - Moulds, Micro factory, Jigs Fixtures $1,000,000 $1,000,000
Pilot Projects, Test Marketing & Road Shows $500,000 $1,000,000
Working Capital (Salary, Office Rent, Travel) $1,500,000 $1,500,000
TOTAL PREOPERATIVE EXPENSES $5,000,000 $3,500,000

TOTAL PROJECT COST $5,000,000 $6,103,040 $6,523,051 $13,172,406 $24,158,632 $20,779,330 $75,736,459

DEBT : EQUITY
PROJECT FUNDING 2020 2021 2022 2023 2024 2025 TOTAL RATIO
Equity $5,000,000 $7,500,000 $12,500,000 $25,000,000 67%
Longterm Loans $12,500,000 $12,500,000 33%
TOTAL $37,500,000

US$37.5m REQUIRED FOR THE TOTAL PROJECT

FUNDING REQUIRED:
• SERIES A (2020): US$12.5m
• SERIES B (2022): US$12.5m
• Longterm Loan (2023): US$12.5m
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 2020 2021 2022 2023 2024 2025

Income Statement
SALES - TALATA
Units 90 808 3,636 9,090 15,102
Revenue / Unit $5,500 $4,348 $3,605 $3,465 $3,439
SUBTOTAL $495,000 $3,511,250 $13,107,780 $31,499,228 $51,929,574
SALES - ATNIN
Units 140 1,326 15,009 43,757 76,254
Revenue / Unit $1,600 $1,302 $1,256 $1,250 $1,252
SUBTOTAL $224,000 $1,726,100 $18,851,112 $54,700,918 $95,439,614
RECHARGE REVENUE
Monthly Recurring $76,800 $527,092 $2,473,137 $5,775,342 $7,789,241
Swap Margin $0 $16,434 $1,684,275 $6,349,592 $16,572,062
Blended ARPU / month $27.8 $19.2 $15.8 $13.5 $12.3
SUBTOTAL $76,800 $543,526 $4,157,412 $12,124,934 $24,361,302

OTHER REVENUES
Vehicle Advertising
Ride Hailing App
$0
$0
$320,760
$0
$924,734
$0
$1,577,192
$0
$1,466,853
$0
EBITDA POSITIVE by 2023
SUBTOTAL $0 $320,760 $924,734 $1,577,192 $1,466,853
TOTAL REVENUE $795,800 $6,101,636 $37,041,037 $99,902,272 $173,197,344

NPV: US$120m @ 11%

COST OF GOODS SOLD $743,880 $4,921,665 $27,144,488 $67,683,418 $103,654,890

GROSS MARGIN $51,920 $1,179,971 $9,896,549 $32,218,854 $69,542,454

Gross Margin % 7% 19% 27% 32% 40% IRR: 83%
1
OVERHEADS $0 $2,796,803 $3,988,287 $7,014,911 $9,842,798
1
2021 overheads accounted for in Project Costs

EBITDA
%
$51,920
7%
$1,616,831
-26%
$5,908,262
16%
$25,203,943
25%
$59,699,656
34% ROCE 60% in 2025
EBT $1,284,860 $4,624,628 $575,930 $15,519,633 $45,996,288
% -161% -76% 2% 16% 27%

CORPORATE TAX @10% $0 $0 $57,593 $1,551,963 $4,599,629

NET INCOME $1,284,860 $4,624,628 $518,337 $13,967,669 $41,396,659

Cumulative Net Income $1,284,860 $5,909,489 $5,391,152 $8,576,517 $49,973,176

DIVIDEND PAYOUT $0 $0 $0 $0 $8,279,332

RETAINED EARNINGS $1,284,860 $4,624,628 $518,337 $13,967,669 $33,117,327
Cumulative Retained Earnings $1,284,860 $5,909,489 $5,391,152 $8,576,517 $41,693,845

CAPEX & PRE-OP EXPENSES $5,000,000 $6,103,040 $6,523,051 $13,172,406 $24,158,632 $20,779,330
Cumulative CAPEX $5,000,000 $11,103,040 $17,626,091 $30,798,497 $54,957,129 $75,736,459

OPERATING FCF $6,051,120 $8,139,882 $7,264,144 $1,045,310 $38,920,326

Cumulative OpFCF $6,051,120 $14,191,002 $21,455,146 $20,409,836 $18,510,491 Strictly Confidential
 2020 2021 2022 2023 2024 2025

Cashflow Statement
INFLOW
Net Income $0 $1,284,860 $4,624,628 $518,337 $13,967,669 $33,117,327
Depreciation & Amortisation $0 $1,336,780 $3,007,797 $5,066,707 $9,156,479 $13,281,787
Equity Funding $5,000,000 $7,500,000 $12,500,000 $0 $0 $0
Long Term Loans $0 $0 $0 $12,500,000 $0 $0
Short Term Loans $0 $0 $0 $0 $1,420,189 $0
TOTAL INFLOW $5,000,000 $7,551,920 $10,883,169 $18,085,044 $24,544,337 $46,399,114
OUTFLOW
Capital Expenses $0 $2,603,040 $6,523,051 $13,172,406 $24,158,632 $20,779,330
Pre-operative Expenses $5,000,000 $3,500,000 $0 $0 $0 $0
Net Working Capital $0 $72,416 $462,512 $2,391,327 $4,733,965 $5,114,507
Dividend Payment $0 $0 $0 $0 $0 $8,279,332
Loan Repayment $0 $0 $0 $0 $2,500,000 $3,920,189
TOTAL OUTFLOW $5,000,000 $6,175,456 $6,985,563 $15,563,733 $31,392,597 $38,093,358
SURPLUS/DEFICIT $0 $1,376,464 $3,897,606 $2,521,311 $6,848,260 $8,305,756
OPENING FCF $0 $0 $1,376,464 $5,274,070 $7,795,381 $947,121
CLOSING FCF $0 $1,376,464 $5,274,070 $7,795,381 $947,121 $9,252,878

2020 2021 2022 2023 2024 2025

Balance Sheet
LIABILITIES
Equity $5,000,000 $12,500,000 $25,000,000 $25,000,000 $25,000,000 $25,000,000
Retained Earnings $0 $1,284,860 $5,909,489 $5,391,152 $8,576,517 $41,693,845
Net Worth $5,000,000 $11,215,140 $19,090,511 $19,608,848 $33,576,517 $66,693,845

Long Term Loans $0 $0 $0 $12,500,000 $10,000,000 $7,500,000

Short Term Loans $0 $0 $0 $0 $1,420,189 $0
Dividends Payable $0 $0 $0 $0 $0 $8,279,332
Less - Current Liabilities $499,800 $3,317,358 $8,546,030 $13,309,597 $11,579,349
TOTAL EQUITY & LIABILITIES $5,000,000 $11,714,940 $22,407,869 $40,654,878 $58,306,304 $77,493,862

ASSETS
Gross Fixed Assets $0 $2,603,040 $9,126,091 $22,298,497 $46,457,129 $67,236,459
Depreciation $0 $336,780 $1,644,577 $5,011,285 $12,467,764 $24,049,550
Net Fixed Assets $0 $2,266,260 $7,481,513 $17,287,212 $33,989,366 $43,186,909

Pre-operative Expenses $5,000,000 $7,500,000 $5,800,000 $4,100,000 $2,400,000 $700,000

Cash Balance $0 $1,376,464 $5,274,070 $7,795,381 $947,121 $9,252,878

Finished Goods $262,399 $1,757,161 $4,536,029 $7,131,672 $6,283,635
Raw Material $249,900 $1,658,679 $4,273,015 $6,654,798 $5,789,675
Receivables $59,917 $436,446 $2,663,241 $7,183,346 $12,280,766
Net Current Assets $0 $1,948,680 $9,126,356 $19,267,666 $21,916,938 $33,606,953
TOTAL ASSETS $5,000,000 $11,714,940 $22,407,869 $40,654,878 $58,306,304 $77,493,862

Strictly Confidential
Appendices
 Urbanisation
Rapid urbanisation is being witnessed in
developing markets across Asia & Africa.

Share of households
Share of householdsthat
thatown
own a car
car Source: World Bank
South Korea 83%
Malaysia 82%
Japan 81%
Thailand 51%
China 17%
India 6%
Philippines 6%
Propensity of personal
Indonesia 4% vehicle ownership is still low
Pakistan 3%
Bangladesh 2%
in most markets.
Vietnam 2%

Source: Statista

URBANISATION IS CAUSING PRESSURES ON TRANSPORTATION INFRASTRUCTURE

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 Electrification
As the price of batteries fall, electric vehicles will soon – as early as
2022, according to Bloomberg – be as cheap as conventional cars.

Government led Electric Vehicle

adoption policies and relevant
subsidies are acting as key
catalysts.

ELECTRIC VEHICLES (EVs) MARKET SHARE WILL INCREASE SIGNIFICANTLY OVER THE NEXT 5 YEARS

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 Global Vehicle Production – by Country
Competition

China is not the only answer to all issues

Why not
faced by the auto industry.
China?
About 80% of auto sector production still
happens outside of China.

Recent disease outbreak is making the whole

industry rethink supply-chain management.

NO KEY INNOVATION HAS HAPPENED IN THE SECTOR THUS FAR

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 Business model
ride + deliver 4. Ride Hailing, Sharing & Delivery Service

brand 3. Vehicle Advertising

charge 2. Battery Swap Subscription

$ create 1. Vehicle Sales

ATNIN

TALATA 43,757
76,254

15,009 15,102
140 1,326 9,090
808 3,636
90
2021 2022 2023 2024 2025
TOTAL REVENUES IN 2025 > US$170m

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 Endless future opportunities

URBAH PROTOTYPE

ELECTRIC VEHICLE INDUSTRY IS JUST TAKING OFF!

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 Obaid Rahman
Founder & CEO

9304, Al Fardan Tower, West Bay

P.O. Box 31316, Doha, QATAR
obaid@rahrah.tech
+974 55823370