Richmond Eke

Core Global Venture Fund I Investor Fundraiser | January 2020 LETTER FROM OUR FOUNDER - RICHMOND EKE Over the past two years (2017 till date), The entire Core team has been working tirelessy behind the scene creating our blueprint, testing our concepts and laying the framework. We have now gracefully evolved into a social enterprise with a simple mission: "...to develop products, forge partnerships and connect capital to create positive social change." This mission will drive the next 5 years of our journey and we are now set to launch our first fund targeted at investing in companies solving the challenges we are focused on. In order to help you understand what we do better, we prepared this document. Enclosed, you will find information about our mode of operation, our strategy, current challenges, current opportunities and our roadmap. Please reach out to me if you have any questions: I believe that with your hand in partnership, we will be able to achieve significant growth and impact in no time. Thank you and Welcome to Core. We support the people and businesses at the forefront of solving some of the world's greatest challenges. Fund Thesis Core Fund I Addresses global solutions while keeping a long term focus Global Disruption We focus on companies that allow us to facilitate global disruption across the 6 key sectors we invest in. Competitive Advantage We invest in companies that give us competitive advantage through exclusive patent rights and unique business models. Women-led Businesses We give priority to companies with female led leadership who have produced exceptional results in their sectors. Our Sectors Media Healthcare How can we use media platforms to facilitate interaction between brands and audiences? How can we make healthcare cheaper and more accessible? Hospitality Finance How can we create sustainable and affordable housing networks? How can we create decentralized financial platforms for global businesses? Automation Transportation How can we create automated systems to help humans and businesses? How can we provide scalable transportation systems for urban cities? Fund Focus AFRICA Nigeria, Ghana, Rwanda, South Africa, Kenya. NORTH AMERICA United States, Canada ASIA-PACIFIC Singapore, Japan, China, Indonesia. GLOBAL APPROACH Fund Structure Seed Growth Capital Buyout We invest in Seed stage companies We invest in Series A, Series B and Series C opportunities We buyout companies that fit our acquisition criteria. Investment Focus and Model Partnering with leading companies to serve as partners and co-investors. Overview of Fund Structure Fund Size - $200Million Fund Life - 10 years Targeting seed to series c entrepreneurs across 6 key sectors. Leveraging platforms. global proprietary dealflow Commitment period - 4 years Management Fee - 2% Carried Interest - 20% to GP Provision of business development advisory services to accepted startups and Minimum LP Commitment - $2 Million Minimum (Instituitional) Startup Investment Size - $500k - $10Million+ Investment Strategy The investment strategy of the funds is to gain exposure to high quality capital-efficient startups that have been selected and screened seed through series c stages The Fund is targeting an annualised return of >20% over 7-10 years by deploying the substantial experience of its own investment management team, combined with Core Advisors, in making, building and realising seed through series c investments. The funds will capitalize on Core’s opportunity funnel, screening and selection process, mentorship and business growth program to access high growth potential early stage investment opportunities. Once invested, the Fund will benefit from the active mentoring given to the investees by the Core Accelerator mentors as well as the monitoring and strategic assistance of follow on angel and/or early stage VC investors. The investment Manager, mentor and follow-on investors will collaborate to identify suitable growth strategies and exit opportunities, and will use their extensive collective investment community networks to facilitate exits. Exit Strategy We target a long term position in our portfolio holdings - The fund targets growing the companies to IPO stage in 5-7 years. We will also utilize a unique model called a 'virtual merger' to 3x the size of each portfolio company within the investment period. We will also focus on integrating 'unicorns' through partnerships with corporates and multinationals. We will retain the option to pursue 10% Market Share in region or Industry. This guides our investment checks. We only focus on companies and solutions that fit these criteria. What we look for 1 Solving a major pain point with a clear monetization strategy 2 3 Top Notch Team Leadership >$100 Million TAM Sufficient Market Scalable business model 4 Fits our vision Strategic fit 5 $1Billion+ Valuation Potential Our Dealflow Dealflow 200 - 250 per month Sources Organic Our Dealflow 10-15 per month Inbound Proactive Due Diligence Network 4-6 per quarter Investments Founders Global Deal Advisory network Co-Investors VC Funds Accelerators Angels Proprietary & Global Deal Flow 1000+ Companies annually from proprietary Sources. Core Fund I application portal M&A Advisory network. PWC partnership Industry network partnerships Dealflow rooms Proprietary search methodologies Co-investment DealFlow Governance Corporate Advisory Board Investment Advisory Committee LP Advisory Committee Provides strategic direction on portfolio, partnerships and funding Provides critical input on individual investment decisions Provides fund governance and resolves potential conflict of interest General Partners Limited Partners Private Equity General Partners Family Offices Other Advisors Venture Capital Corporate Partners Use of Funds Startup Events 20% Cap Table Management 5% Branding and Marketing 45% Business Development 20% Accounting/Legal Services 10% How we help A huge chunk of our fund management budget is used for growth hacking and public relations to ensure that our portfolio companies perform better than average When onboarding a new portfolio company, we follow the specific process to launch their media presence Step 1 Step 2 Step 3 Business Objectives Jump Off List Messaging We outline the objectives of the company for the next year We collate the materials we use as background for messaging and marketing We draft a messaging document outlining the company's story Step 4 Media We pitch the reporters and secure publications Benefit to Startups. Growth + Public Relations We help our startups with their business development and spearhead their public communications. We view this help as a product and work closely with them to ensure that we provide the best PR support they can find. We guarantee their growth through a proprietary technique we use called a 'virtual merger'. This allows us to 3x their growth over the investment period. Value of PR Attract Customers fast Validate expert reputation Attract top talent Attract partners and investors Help to compete Most Startups neglect this opportunity Founders don't have significant experience with PR PR agencies are expensive ($10-$30K per month) Negative experience from low quality PR freelancers Media Network We continually grow our PR network to give our portfolio companies unfair advantage in their markets. Big Vision Overtime, we plan to provide our portfolio companies with services in other areas to ensure their success Product Development Growth Hacking Recruiting PR & Marketing Design R&D Benefits to Investors By Investing in the fund investors will: 1. Access unique early-stage exposure to high growth capital-efficient businesses. 2. Receive income and capital gains tax-free returns. 3. Achieve portfolio diversification away from traditional equity and fixed income investment. 4. Support entrepreneurs, job creation, innovation, new business ventures and economic growth globally. Fund Activities Annual Global Accelerator Quarterly Hackathon Monthly Deal Reviews We invest in startups and design their growth roadmaps while supporting founders. We bring together startups to create solutions across our key sectors We review startups monthly through out pipeline Our unique edge Wide network We continually build the right partnerships which position our portfolio companies to achieve their mission. Hands-On Approach We roll up our sleeves and help our portfolio companies achieve their growth milestones. Measuring Impact ROI Patent Portfolio Growth Hack Projected 20% IRR over the course of investment period. A diversified intellectual property portfolio. At least one unicorn across each sector. Industry Lead Product Portfolio Create Global Industry Leaders in each sector. A diversified product portfolio. Fund Summary Fund name Core Global Venture Fund I Main Office Lagos, Nigeria GP Richmond Eke Fund Size $200 Million Fund Terms Close ended 10+1+1 years Cash Payback Period 5 years plain Investment Period 4 years Management Fee 2% on invested Capital during investment period, then on net invested capital Carried Interest 20% Reporting Quarterly unaudited financials & business update, annual audited financials Richmond Eke CEO The Management Team. Nanya Worgwu COO Kamsy Osakwe Head of Projects Melissa Wilson Kiet Vo Financial Advisory M&A Advisory Jacob Glenn Technology Advisory Toni Runci HR Advisory The Advisory Board. Joseph Augustine Richard Gora Strategy Advisory Legal Advisory Carl Carpenter Paul Seabridge Strategy Advisory Growth Advisory INVEST WITH US E:-T: - A1: 6c, Adeyemo Alakija, Ikeja GRA, Lagos, Nigeria. A2: 2050, Austel Road, SW APT1, Marietta, GA. To learn more about us, please visit www.coreglobalhq.com