Confidential to Copyright ©2016 Polaris Office Corp. All rights reserved. Company Overview

Since its foundation in 1997, Infraware has used its unique software technology and creativity to pursue its constant growth as a leading software company.

Company Name Infraware (041020) 18 HISTORY Software Company, established in Co-CEOs Min-cheol Kwak (Founder) and Kwan-hee Kang Years C.E.O. 1997 (Professional Executive)

Established April 1997 MANPOWER 250 Skilled SW experts Experts Employees 384 (as of 4Q, 2015)

Branches China Office (Beijing), USA Office (San Jose), Japan Office (Tokyo) 48.5 SALES million Stable and profitable structure dollar IPO Listed on KOSDAQ (October, 2005)

Selvas (Mobile Game Biz), Diotek (HCI Solution Biz), Subsidiaries Infraware Technology (Service Solution Biz) USERS 800 HIMS International (Assistive Technology Biz) Installed on over 800 million devices million Over 9 million subscribers devices

Web www.infraware-global.com Business Areas

Leveraging its technical advantages in platform and core applications, Infraware entered the IT service market.

IT Services

- Cloud Office - - Mobile Game - PAG Service - Development/Publishing -

Core Application

- PC Office - - Mobile Office - - Mobile Email - - Mobile Print - - Mobile Meeting -

Handwriting recognition HCI Solutions Voice recognition /synthesis

Assistive Information and Technology communication assistive devices - Braille information instrument - - Reading enlarger- - Voice reader - Status l Preload Business

Since entering the Android market in the first quarter of 2011, Infraware has been actively promoting the preload business with global manufacturers.

Business Details Install mobile Office on smart devices of global manufacturers [Office Products on Manufacturers’ Devices]

Period 1Q, 2011 to Present

2011 2012 2013 2014

PO3 PO4 PO5 PO6 Status and Product Roadmap 1Q, 2011. 2013 1Q, 2014. 2Q, 2012. Started installation Installed on Installed on over 800 million Advanced on manufacturers' over 300 million devices, PC-like Offices the engine devices devices Over 90% of features supported

• Differentiated technology/quality competitiveness compared to competitors acknowledged Customer Feedback • Increased brand awareness as the best mobile Office in the world • Built a positive image based on superior MS Office compatibility

[Main Samsung Models] Galaxy S5, S4, S3, S2, Galaxy Note 1, 2, 3, Galaxy Tab Key Customers [Main LG Models] G Pro2, Gx, G Flex, Vu3, G pad, G2, G pro, Vu Status l B2B Business

Based on its internationally proven product stability, Infraware expands its B2B business in various fields in the world.

Installed the enterprise Office on the top global EMM companies and Business Details general companies [Enterprise Office Products]

Period 1Q, 2011 to Present

• Enterprise document solution based on the Polaris Office engine (provided as SDK/App formats) • Released Polaris Office Enterprise 1.0 (released in 1Q, 2013, includes Polaris Meeting) • Version 3.0 will be released based on enterprise customers' requirements (1Q, 2015)

Status and Product Sharing Business Business Data Roadmap Office Works Communication Materials Inquiries

• As cost and time are saved and productivity increased with the adoption of the enterprise solution, Infraware has cemented its image as a smart work solution Customer Feedback : Reduced meeting preparation time! Increased work productivity! : Paperless meetings, collaboration, and powerful business communication

[Supplied Products to Top Global Key Customers EMM Vendors] AirWatch, Citrix, EMC, Symantec, MobileIron, Good, etc

Note: 1) EMM “Enterprise Mobility Management” Status l B2C Business

Polaris Office service is a fast-growing cloud Office service with about 36 million subscribers.

Business Details Provides global cloud Office service for multiple devices to general users [Cloud Office Products]

Period Sep. 2013 to Present * Successfully entered the global Office service • Provides cloud services such as storage, synchronization, sharing, and market communication - Selected as Best • Launched Polaris Office service (in Apr. 2014) New App in Apple • Secured 36 million global subscribers (Feb. 2016) App Store in 37 Status and Product countries after launch Roadmap 4Q, 2014. 4Q, 2015. Released in Amazon Appstore PC Office available. Started service in China Released products for enterprise Added Mac support (document customers synchronization) Added support for real-time co-editing

• High compatibility and editing technology compared to competing services acknowledged Customer Feedback • Earned high praise with a service that maximizes user convenience Easily access the same document from PC and various device environments

Key markets Selected as Best App Naver Apple in Google play store in 2014 App Store Appstore Product

Thanks to its 17 years of SW business experience, Infraware understands the technology trends and has its own solutions and technologies.

Office Solutions

Polaris Office App Polaris Office SDK Polaris Office PC (New) Office Solution

Office Office Service IW Service Polaris Office Service HCI Solution HCI Solution Smart Work Smart Work Solution DioSTT Solution DioPen Smart School Polaris Print Solution Polaris Scan Polaris Meeting Polaris Email Smart School Solution Polaris V-Guard Polaris Board Polaris E-Book Product l Office Solution

Based on our globally-proven "flexible compatibility with Ms Office and product stability," new features supporting documentation and collaboration are provided.

• Full line-up (Mobile - Web - PC) • To be registered as government procurement S/W

• GS (Good Software) certificated • Certified as S/W appropriate for administration service

High compatibility and Real-time cooperation Easy and convenient usage Flexible product customization performance with based on co-editing (Easy and Simple UX) for user environment MS Office and HWP What is Polaris Office?

• Polaris Office is an office solution optimized for Smartphones and Tablets to create, edit, or read Microsoft® Word, Excel, or PowerPoint documents and view/annotate on your mobile device. • SaaS Available on iOS, Android, Amazon Fire, Web, Mac, Windows Polaris Enterprise Mobile Office Polaris Office Enterprise 3.0 is the most smartphone-optimized Office solution, with its performance, compatibility, and useful edit features being superior to those of other competing products.

Polaris Office Enterprise 3.0

Superior Powerful Emotional UX Fast Performance Document Compatibility Editing Features Usability

. Based on superior engine . Provides high compatibility . Provides various convenient . Provides emotional UX- performance, loads large- with documents created on features for editing on based refined design and volume documents fast and PC, showing layouts and smartphones and advanced interfaces optimized for accurately, providing stable various object effects features to create thorough smartphones to create responsibility without any quality loss documents documents efficiently

FastPerfect Powerful Useful Polaris Office Enterprise 3.0 improves your business competitiveness anytime and anywhere!

Quickly view and review documents!

While riding the train to a business trip, Manager Mr. Park quickly reviews the proposal with his smartphone and sends immediate feedback.

Perfect document editing even without a PC!

Nara, a college student, modifies the presentation material for the final exam with her smartphone during her free time in between classes.

Exchange opinions using documents! Instead of using printed materials for the meeting, Assistant Manager Mr. Kim shares documents with his phone and exchanges opinions by using the ink annotation. Polaris PC Office “What B2B(SOHO, SMB) customers are concerned ”

How to save the cost? No one can use the full functions of MS Office. It’s too heavy

We are a small company. We don’t need MS full systems but need office only.

PDF is necessary for the work but There are some free office products but too expensive. Is there any office we are concerned about the compatibility solution to support PDF edit? with MS office and maintenance support

2 Different products precise to the each market demand

Needs Competition Comparison

1

Polaris Office • Home & personal shop • MS Office Home & Student 2016($70) • WPS : Print & save to (water mark) 2016 Basic • Education (School) • WPS (Free) • Libre office : Compatibility issue with MS 2013 • Libre Office (Free) • Polaris : Word, Excel, PPT + Print + Save to PDF • Polaris Office ($xx)

2 • Government • MS Office Home & Business 2016($222) • MS : Word, Excel, PPT, Outlook, One Note Polaris Office • Educational organization • WPS Complete Edition ($79.99) • WPS : Word, Excel, PPT +font +VBA/Macro 2016 - Save the license cost of MS • Polaris Office ($xx) • Polaris : Word, Excel, PPT + PDF View & Premium • SMB (Sub 200 employee) Edit (convert to Original DOC) - Save the license cost of MS and Adobe PDF Users can save their cost by replacing their MS office & Adobe Acrobat Reader into Polaris Office

Home & Business ($xxx) Home & Student ($xx) “All in one, Polaris Office 2016”

Be based on Global NO.1 Mobile office and 0.8Bil users’ experience Polaris Office Desktop supports viewing, editing, managing all the documents like Doc, Docx, HWP, ODF, PDF in a program without using other program

2016

(Including various ODF PC Office S/W )

구분 MS Office ODF Acrobat Reader Others

HTML DOC, DOCX, XLS, XLSX, PPT, Open HWP, CELL, SHOW ODT, ODS, ODP PDF JPG, PNG PPTX Text Supports integration with various system(GW,EP), tailored template and white labeling.

[ Legacy System ]

[ Storage ]

System공동편집 Interlocking 유연한Tailored 제품 Template 커스텀 WhiteWhite Labeling Label

- Legacy System(GW,ERP,EP),Storage - Supports templates - White labeling for all customers’ needs - My own office style - Office document in each business application - Enhancement of work productivity Polaris Cloud Office

One of fastest growing mobile software company

Polaris Office first penetrated into the market preloaded in 900MM mobile phones. Furthermore, we are str etching our market presence by entering Mobile App Stores, achieving 32MM in 1.5 years. 900 Million 37 Million Largest Pre‐loaded Office Software True Global Mobile Office Smartphone Pre‐load App Market / 8Million MAU Only 8% of users are from KR, and others are from World Preloaded on the devices of global mobile manufacturers 240 Countries

2010 2011 2012 2013 2014 2015 Fastest Growth in World Mobile App Market

Polaris Office has grown 18 times faster than Evernote in terms of user acquisition. Moreover, we have 8 million MAU similar to Slack.

# of accumulated users trend# of MAU trend # of MAU trend (Polaris Office Vs. Evernote) (Polaris Office Vs. Slack) Whenever. Wherever. All that you need is only in Polaris Office!

We makes users work simple and smarter only with one Polaris Office app in mobile. Now, We will be evolving from Mobile to PC similar to MS Office.

Building on success from Mobile, now evolving to become a fully integrated office player with the launch of ‘PC Office’.

Mobile Office (Apr 2014) PC OFFICE (OBT: Dec 2015, Grand Launch: Mar 2016) Fully integrated Office

• Simple, Easy, Fast UI/UX • Office for PC coming up • Major upgrade on Office for Mobile • View and Edit various documents • Stronger compatibility on Cloud Secret to our fast growth was top‐in‐class features together with high MS compatibility

Small yet Highly Easy Cloud Strong One for all files powerful Compatible Accessibility partnership

Polaris Office • Universal • 90% • Auto Sync • Support all • Various cloud Engine Compatibility across all formats from companies, • Mobile : 120 with MS platforms/devi doc to pdf MDM MB formats ces with strong companies • PC: 338 MB Cloud accessibility Market Shortcomin • MS Offce with • Google Docs, • Limited only to • MS ‐ no PDF • MS only with a gs 3 separate Office Suite. their own cloud. • Gdocs ‐no couple of cloud programs Less Offline companies. • Mobile : compatible • OfficeSuite no 932MB with MS PC. • PC : 3GB Most importantly, new Business Model will enable us to differentiate vs. MS

Device payment structure Freemium payment structure Freemium payment structure • Free on all devices • Only free on mobile device • Free on all devices • Payment based on usage MB • Payment required for PC • Payment based on usage MB • Highest cloud compatibility • Limited cloud compatibility • Device allowance : Unlimited • Advanced Features • Device allowance 1~10ea • $0~5.99/Monthly • $6.99~9.99/Monthly • $0~5.99/Monthly Reinforce Strategic Partnership

We will reinforce and develop strategic partnership to enhance our business value

Needs Partnership Model Major Partners*

1

• Provide more convenient usage • Preload on a device with paid Manufacturer experience and benefit to users service in its own product • Revenue Sharing • Get extra revenue

2 • Encourage users to continually • Polaris Office(Saas) + its own Cloud Telecom & consume data traffic Storage + Its own Email solution Cloud • Retain users within its own → Similar with MS365 cloud service • Revenue Sharing

3 • Make strategic partnership to • Package Product (Office + Productivity compensate for its shortcomings Communicator) and in-App linking AOS Software in productivity service • Revenue sharing • Expand users II. Polaris Convertor

01. Polaris Convertor Introduction 02. Polaris Convertor Key Feature – Supports all Office Formats 03. Polaris Convert Key Feature – Supports various system environment 04. Polaris Convertor Key Feature – Powerful Web document viewer 01. Polaris Convertor Introduction

• Polaris Convertor converts a variety of document types into PDF and image files from your PC and Mobile so that you can view documents via a web browser.

Polaris Office Engine • It can reliably convert documents from one format to multiple without purchasing individual licenses for the various office products. • The system utilizes a variety of services and features without limitations based on the office engine technology( support)

Supports various system Supports powerful document Supports all Office Formats environments viewer

• Server Web document viewer MS Office, HWP, PDF, ODF Add on • Handwriting, Memo features • Print setting • Text searching • Client • Track changes • PDF contents 02. Polaris Convertor Key Feature – Supports all office formats

• MS Office, HWP document formats, as well as support for ODF, and all Office S/W document formats

Detailed Specifications support

Input Output

Category Format Image(jpg, png) PDF

doc, dot, rtf O O (.xls, .ppt, doc) (.hwp) MS Office ppt, pot, pps O O 98~2003  Stay express the original MS office doc  HWP support.. xls, xlt O O

docx, dotx O O MS Office 2007~2013 pptx,potx,ppsx O O

xlsx, xltx O O

hwp97 O O HWP hwp(2002-2014) O O (.odt, .ods, .odp) (.pdf, .txt) Acrobat PDF (1.2~1.7) O -  PDF, TXT, Image(JPG, PNG…) .  Supports the international document standard ODF format Text txt, cvs O O 03. Polaris Convert Key Feature – Supports various system environment

• It can be used without OS restriction due to Polaris Office Engine and Web based standard

H/W system requirement Polaris viewer(Standard Web Viewer) Polaris Convert Server Contents requirement CPU • 8 Core

Memory • 4G or above

Disk • 300GB * 2 Mirroring

Ethernet • 4port

S/W requirement

Contents requirement Server OS • Linux products (CentOS / Redhat / Ubuntu) • Windows Server® products Covert Manager Polaris Office Engine Web / WAS • Apache Tomcat 7.x • Jeus • Web Logic

It is available without restrictions DB • Mysql 5.5.x or above • Oracle 9i or above of device and platform with a • Postgresql 9.3.x or above standard Web-based. • MS SQL 2008 or above 04. Polaris Convertor Key Feature – Powerful Web document viewer

• It is a standard Web document viewer without installation of separate application. • Various advanced feature and function

Basic viewer function Hand writing & memo

Web doc viewer • Hand written notes and memo from Web doc viewer can be stored to • Move page the original document • Move Sheet (Excel) • Zoom in / out (Mobile - Multi Touch available) • Landscape 지원 (Mobile) • Document volatility management

Web doc viewer MS Office

Print setting Add on features

• Correction output document with the print settings • Track changes • PDF contents • Text searching IV. Polaris HTML Editor

01. Polaris Editor Introduction 02. Polaris Editor Key Feature 01. Polaris Editor Introduction

Polaris HTML Editor in N-Screen provides a flexible UX linking with Various program and system

PC – Mobile - Web Convenient table management & flexible UX Office program

Non-ActiveX based from PC Ease of use performance and Various business systems, In to mobile and Web Flexible UX conjunction with Office programs

• Regardless of ActiveX • Convenient table management same as Office • Copy & Paste of table, content of shapes is available product is available

• Available on Window, Mac, Linux • Flexible UI and function according to log in • Viewing function of attaching DOC, HWP, Sheet, Slide, ODT, PDF files • Internet Explorer, Chrome, Safari, Opera, Firefox, • Check boxes, radio buttons insertion, supports multilingual support and easy editing features • It provides editing environment for a variety of work through the Cell Locking environments like Groupware, e-mail, bulletin boards, intranet, CMS, KMS

16 Polaris Editor Key Feature

Be based on Non-ActiveX, implementation to N-Screen.

Expanding access to features and intuitive editing via Floating Menu

Editing environment based on user login, author rights

Copy & Paste of Office, Web contents

Customization of the various forms of flexible Groupware

39 Polaris Editor Key Feature 01

Be based on Non-ActiveX, implementation to N-Screen.

Contents Details

Platform Window, MacOS, Linux, Unix

Browser Internet Explorer 9.0 or later Chrome 1.0 or later Safari 3.0 or later Opera 9 or later Firefox 3.6 or later

HTML HTML 4.01, XHTML 1.0 (XHTML 1.0 Transitional)

Web server Intel Xeon 3GHz or later , Recommend at least 4 core, 8core or above Memory Min 8GB, 16GB or above

PC – Mobile - Web Min requirement

40 Polaris Editor Key Feature 02

Expanding access to features and intuitive editing via Floating Menu

Full selection table screen The cell selection screen Text input screen

41 Polaris Editor Key Feature 03

Editing environment based on user login, author rights

Manager screen

User screen Cell Locking capability applies to the screen

42 Polaris Editor Key Feature 04

Office docs, Web contents can be imported through Copy & Paste, Drag & Drop

여성들이 흔히 사용하는 천 소재 가방에 넣어 언제든 스마트폰 충전을 할 수 있 는 태양전지 혹은 실내에 들어오는 햇빛으로 전기를 만들어 내는 벽지가 나온다 면 어떨까.

국내 연구팀이 단 한 번의 인쇄로 여러 번 접었다 펴 도 문제없는 태양전지를 개 발하는 데 성공했다.

DOC, HWP, PPT contents Web Page contents Polaris HTML Editor screen

• It is optimized for Internet Explorer 11. Chrome is not supported yet

43 Polaris Editor Key Feature 06

It can be flexible Customization to the Various forms of the Groupware

Email, icon menu Office Ribbon UI for e-billing, groupware

44 Polaris HTML Editor USP

Polaris HTML Editor provides excellent linkages with office programs and convenient way to edit in a variety of environments than others.

Polaris HTML Editor Other Editor

Environment Optimized to Multi Device It is not optimized to Multi Device

Stable implementation in a variety Browser environments of N-Screen

Edit Table Easy to edit Common Edit mode

Contextual Floating Menu according to table selection

Cell Locking feature

Contents Load Office, Web contents of Copy & Paste Office, Web contents of Copy & Paste

Office docs, Web contents can be imported through Some of doc format is not supported

Copy & Paste, Drag & Drop

Office docs Office doc View (Option) Office doc View is not available

Viewing HWP, DOC, Sheet, Slide, ODF, PDF is available

Customization Customized UI support One UI

45