Link Motion Inc. A leading smart and smart ride company

Investor Presentation Inc. (NYSE: LKM) April 2018 Safe Harbor Statement

The following presentation has been prepared by . (the “Company”) solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment activity or trading strategy, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. NOTHING HEREIN CONSTITUTES AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OR INSTRUMENT IN ANY STATE OR JURISDICTION.

The information included herein was obtained from various sources, including certain third parties, and has not been independently verified. The information presented or contained in these materials is subject to change without notice. No representation or warranty, express or implied, is made and no reliance should be placed on the truth, accuracy, fairness, completeness or reasonableness of the information or sources presented or contained in these materials. By viewing or accessing these materials, the recipient hereby acknowledges and agrees that neither the Company nor any of its directors, officers, employees, affiliates, agents, advisers or representatives accepts any responsibility for or makes any representation or warranty, express or implied, with respect to the truth, accuracy, fairness, completeness or reasonableness of the information contained in, and omissions from, these materials and that neither the Company nor any of its directors, officers, employees, affiliates, agents advisers or representatives accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in these materials.

These materials contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers about the future, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward- looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors and assumptions, many of which are beyond the Company’s control. Neither the Company nor any of its directors, officers, employees, affiliates, agents, advisors or representatives has any obligation to, nor do any of them undertake to, revise or update the forward-looking statements contained in this presentation to reflect future events or circumstances. The Smart Car is the Future Revolution

 Link Motion is built for the future smart car revolution, targeting the following emerging opportunities:  Smart ride/ridesharing industry  Hardware + solutions for smart Corporate Highlights1  Link Motion has reinvented the car with the ‘Smart Space’ concept NYSE LKM  This space is passenger-centric and provides all types of Market Cap2 $211M internet-connected services Shares Outstanding 101M  In-car Smart Space services represents a new market with Cash & Equivalents $320M enormous scale ($100 Billion+) Notes Receivable $271M

Top Shareholders RPL Holdings Limited Rock Capital Mgmt Ltd  The Link Motion Car Brain platform, a hardware + software solution BlackRock Investment Mgmt. Lombard Odier Darier Hentsch & Cie for smart cars, is critical in: Dimensional Fund Advisors L.P.  Powering the smart ride fleet 1) As of Dec. 31, 2017  Enabling car makers and OEM’s directly 2) As of Apr. 20, 2018  Enabling public transportation companies 3 Investor Presentation Segments

1. From NQ Mobile to Link Motion 2. Overview of Link Motion Smart Ride Business 3. Overview of Link Motion /CarBrain Platform 4. Financial Overview 5. Key Catalysts and Milestones Part 1 NQ Mobile to Link Motion A look back and into the Future Computing Platform Evolution

Electrification, Automation, and AI Bring Disruptive Change to the car industry

Mainframe/ PC Smart Phone Smart Car Computer

- 1980 1980 - 2000 2000 - 2016 2016 - Independent System Internet Mobile Internet Internet Of Things

6 The Smart Car is the Future Revolution

NQ Was Founded for Smart Phone Revolution Link Motion Is Built For Future Smart Car Revolution

Mobile Telecommunications Networks provide the basic Autonomous driving and Smart Infrastructure enable voice and data services to users ridesharing services Access to Internet services via the mobile Access to Internet services via in-car smart services extends to Smart Ride Space

1. Acquired Controlling Stake in Link Motion in 1. Utilizing the Link Motion Carputer and operate a 2015 Smart Ride business 2. Completed Divestments of major 2. Selling the Carputer directly to car makers and businesses in Dec 2017 OEMs

7 Link Motion Reinvents the Car with the ‘Smart Space’

The future smart car creates a personalized moving “Smart Space.” This space is passenger-centric and provide all types of services connected to the internet

home on the road office / business

Smart Space links your home and office to create a seamless internet lifestyle.

8 In-car Smart Space Services - A new market with enormous scale ($100 Billion +)

1 China’s Urbanization Trends Continue to Create Major Transportation and Logistics Stress 2 Ridesharing Services solve some of these issues. 3 Next gen solutions will come from Smart Space Services as passengers demand more

1.03 billion 500 million X 30 Min/ride Enormous times per hours per $100BN+ day day

The number of car Avg. Time Spent in car transportation/day in every day by urban Potential Market Size China‘s urban population * population 30min

•Source: survey on the tailored taxi consumers behavior in China's first, second and third tier cities [2015], • National bureau of statistics, expert interview, Roland berger.

9 Part 2 Overview of Smart Ride Business

Smart Ride Operator - The Next Generation of Ride Sharing Mission – helping passengers enjoy their riding time by smart space services

*Offers much more than just ridesharing *Self-built customized smart cars (created from Link Motion’s Car Brain Platform) *In-Car Smart Space Services Platform Riding Smart Space – Time During the Ride

In-car: Riding Smart Space Smart Services Ecosystem Artificial Intelligence 3rd Party Developer Smart Space Services Open App Developer Plat- Video Audio High-Speed form Computing Power Game Info Internet Access Social E-com Customized Passenger-centered Design work ···

Automatic driving/Intelligence Logic Car-hailing Autonomous & Geo EV Basic Vehicle Model Basic Ridesharing

11 Smart Space Services by Link Motion CarBrain

12 Link Motion Smart Space Services Platform

Ridesharing App

Our App

a /infrastructure services

car-hailing ccount system/big data 3rd Party Traffic service

in-car smart space Customized Car/ services Link Motion in-car Smart Space Service drivers/ Self Owned motorcade service Driver App

13 Smart Space Services Ecosystem

Developers Social UI Tools Software

3rd Party Content Providers 3rd Party Service Providers Video Apps E-com Eating Audio Game Smart space Personal Travel services platform

Smart Space Eco

OEM Driver/Capacity provider Suppliers Energy supplier Hardware /SW Design Smart Ride Platform Transportation

14 Competitive Advantages

Traditional Riding Link Motion Service Smart Ride

Transportation Riding Services + from A to B, with Offering Smart Space high efficiency and Services low cost New Smart Ride Operator

Taxi, ridesharing, Customized Types carpooling, car- smart car service sharing

Connect users Tailored taxi Connect with customized

passengers and Car Smart ServiceCapability Method Smart Car -

drivers via mobile In includes Smart Car-hailing Apps Space Platform Taxi Car rental/car-sharing Traditional Taxi, Smart Ride Players Rental, Ridesharing, Services Car Makers Operators OEMs Riding Service Capability

15 Smart Ride Services Providers - The Center of the Car Industry

Internet Auto Free Transportation Users Services Buyer Why Smart Ride Providers Win Video Smart Ride Service Operator *Provide Total Solution of Ride Audio Services Game Smart Space Service in Vehicle *Offer Smart Services During News Ride Service Brand the Riding Time OEM Social Supply *Win the customer through Car-hailing APP- Based E-Com capacity the customized experience work Financing OEM & Insurance Automation technology/component suppliers Industries

16 Business Development Milestones

• 1H – Complete Development Phase • Key Milestones • Key Milestones including Pilot Program • 15,000 vehicles in 2nd year • 200,000 vehicles with smart • 50,000 vehicles in 10-15 cities space services covering more • 2H – Commercial Smart Ride in 3rd year than 50 cities Operation Begins in First Cities • 4 million orders per day • More than 1 million orders per day • Key Milestones • Smart Space Service • 5,000 vehicles in market • Smart Space Service • Open the smart car reference • First owned customized • 1 new car model per year design to car companies and vehicles equipped with smart • Upgrade service content ridesharing companies based service platform • Build Smart Space Service on Link Motion Car Brain and • Introduce third-party content ecosystem and developer smart space services platform and service providers • Define differentiated service and user level

Current Year 3 Year Plan 5 Year Plan

17 Financial Modeling

Smart Ride Services Target after 12months • RMB 500 per vehicle per day Smart Ride Service: (15-25 orders/day per car • 5,000 vehicles average RMB 25/ order) Smart Space Services: • Op Margin approx. 10% • Begin Commercialization (inclusive of car, driver, marketing and overhead costs) Target after 36 months Smart Ride Services: Smart Space Services • 50,000 vehicles Smart Space Services: • RMB 90 per vehicle per day (20 orders/day per car at RMB 4.5 • Add incremental 15% average per order) Model Suggests: • Op margin approx. 45% • Revs RMB 10.6 billion (inclusive of app developers share, marketing and overhead • Op Income RMB 1.4 billion costs) 18 Part 3 Overview of Link Motion CarBrain Platform

Link Motion History

• Nomovok Ltd founded in 2002 to develop embedded solutions (developed ’s mobile Linux OS from 2004 including Maemo, Meego, and later Tizen)

• In 2006 started developing automotive software solutions.

• In 2012 started provided the software and instrument cluster for the Lamborghini Huracan model released in 2015

• NQ Mobile acquired Link Motion Holdings Limited in 2015 and consolidated the company 15 200+ 100+ 5 Years In Embedded Automotive Software Top Notch Professionals Locations Around Software Business Projects Delivered Building The Products The Globe

2002 2004 2006 2008 2011 2013 2015

20 The Car Brain

The LM Car Brain Platform is Critical in: 1. Powering the Smart Ride fleet 2. Enabling Car Makers and OEM’s directly 3. Enabling Public Transportation Companies

21 Product Comparisons

Traditional QNX Android Link Motion

Safety Secure/Closed Secure/Closed Risk/Open Secure/Closed

Activation is Slow Reliability High Real-time Almost Real-Time Delayed

High Cost Low Cost Cost Low Cost and High (ECU’s can not be High cost (Difficult to Performance Performance reused/Service) Optimize)

Connectivity Weak Weak Online/High High

22 Robust Security

Link Motion 3-2-1 Security Shield

Trusted execution environment visualization

Resource access control

Vehicle hardware firewall Application sandbox

OTA

OTA Updates Critical For Optimization and Efficacy

23 Supports Different Platforms/Customizable

Apple Carplay App

Baidu Carlife Apk

Link Motion L-APP Android Auto Apk

24 Lamborghini Huracan

25 Partnership with Chery Automotive

Link Motion and Chery jointly developing a new generation of smart 1 ★ interconnection OS platform, including autonomous driving.

Chery is one of the largest Chinese car maker and is the largest 2 ★ exporter of China-made cars.

26 Powering Pure Electric Buses in Qingdao

CarBrain Extends Beyond Passenger Cars • Selected as the platform vendor for pure electric buses in the city of Qingdao • New specialized platform for public transportation vehicles • More cities and public transportation opportunities expected

27 Financial Modeling

Target after 36months 1,000,000 units in production plan

Target after 12months 30,000 units in production plan

Car Brain Platform • Revenues of RMB 3,000 per unit (vehicle) • Post sale rev opportunity in updates and add-on features • Gross margin at production scale approx. 30%

28 Part 4 Financial Overview Financial Snapshot as of December 31, 2017

Company Name Link Motion Inc.

Stock Ticker LKM

Stock Exchange New York Stock Exchange

Total ADSs Outstanding 101.6 million

Market Cap $211.3 million (as of 4.20.18)

Cash and Equivalents $319.7 million

Notes Receivable $270.9 million

Buyback Authorization $150 million ($57 million remained as of 12.31.17)

30 Part 5 Key Catalysts and Milestones 2018 Expectations 1. Successfully Roll out Smart Ride Business 1. Announce Key Industry and Strategic Partnerships 2. End the year with 5,000 vehicles in the market 3. Launch Smart Space Services

2. Add Key New Partnerships and Sales Deals with Link Motion’s CarBrain Platform 1. End the year with 30,000 units in production plan

3. End the year exceeding $100 million annualized revenue runrate 3 Year Expectations 1. Generate more than $1 billion in annual revenues - 50,000 vehicles in multiple cities in Smart Ride Business - 1 million units in production plan for CarBrain Platforms

2. Demonstrate a Leading Position in Smart Ride and Smart Space Service Platform Capital Markets

Stock News Releases Apr 10, 2018 NYSE: LKM Link Motion Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2017 Mar 27, 2018 Link Motion to Host Fourth Quarter and Full Year 2017 Financial Results Conference Call on Tuesday, April 10, 2018 at 8:00 p.m. ET Total ADSs 101 M Mar 14, 2018 Outstanding: Link Motion and Irdeto Join Forces to Provide Automobile OEM’s a Sector: Technology Complete Security & Safety Technology Platform for New Lines of Connected and Autonomous Cars Transfer Agent: Deutsche Bank Mar 1, 2018 Link Motion Appoints Former General Manager of Greater Independent Auditor: Marcum Bernstein & Pinchuk LLP China as Executive Vice President and Head of Link Motion's Smart Ride Business Feb 28, 2018 Outside Legal Link Motion to Present at the Inaugural LD Micro Virtual Conference Skadden, Arps, Slate, Meagher & Flom Counsel: on Wednesday, March 7, 2018 at 2:00 p.m. ET Feb 27, 2018 Investor Relations: MZ Link Motion Announces Extraordinary General Meeting Results Feb 13, 2018 NQ Mobile Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program Feb 7, 2018 NQ Mobile Inc. Releases a Letter to Shareholders from the Chairman of the Board Feb 6, 2018 NQ Mobile Inc. Announces Further Developments in its Smart Ride Business by Forming a Partnership with Hangzhou First Technology Co., Ltd. C E TCETX X 33 Investor Relations Contact: Link Motion Contact: Chris Tyson Matt Mathison Managing Director Vice President MZ North America Link Motion Main: 949-491-8235 Main: 303-885-8688 [email protected] [email protected]

Luke Zimmerman Senior Associate MZ North America Main: 949-259-4987 [email protected]