Open Coffee Presentation

Nov 30, 2012

technology + innovation + support

Who We Are

Arnaud Henin

LoukasPilitsis

fund manager

• Experienced international fund management team

• Deep technology and start-up experience

• Strong investment sector background

Chris Tsangos

Vasilis Theoharakis

Kostas Mallios

Nikos Antoniouinvestment manager

MichaelDimitropoulos

investment manager

Management Team

A Few Myths and Realities

• PJ Tech Catalyst is a bank

• PJ Tech Catalyst gives loans

• PJ Tech Catalyst is new to the market

Myths Realities

PJ Tech Catalyst is a € 15 mn seed-stage investment fund

The investors in the fund are the Piraeus Bank Group and the EIF through the JEREMIE program

PJ Tech Catalyst is a fully-independent separate entity

PJ Tech Catalyst only makes equity investments of up to € 750 k in seed companies

No personal guarantees, no collateral – the Fund invests directly in the company

The team members have all been involved with start-ups and innovation in Greece and abroad for several years

PEA has been active in Greece for 3 years – it was 50% anchor investor in the original Open Fund and has most active Taneo VC fund

4

Support and help shape a dynamic and successful start-up scene in Greece

Invest in and help grow a group of promising ICT start-ups into world class companies

Work with other market participants to develop local talent and attract investment into Greece

The PJ Tech Catalyst team has the vision to:

Our Vision

Investment Strategy and Focus

• Seed stage investment -• Pre-revenue• Core team assembled• Typically 6 – 24 month old

company• Select idea stage teams

• Technology companies (ICT Sector)

• Main operations in Greece

• Strong and committed team

• A great business idea with clear competitive advantage

• Strong international growth potential

Fund Strategy and Requirements What we look for

What We Offer

PJ Tech Catalyst proposes a deep partnership with investee companies that offers:

1 Investment• Equity investment of up to € 750 k per company

2 Deep technology management experience

3 International experience and standards for investing and structuring the deal

4 Global network for business development, follow-on financing and exits

First Steps in a Journey

Start-up financing lifecycle

Idea Seed Financing

Exit (IPO, trade sale,

merger, etc)

Mature Company

VC Financing(Typically multiple

rounds)

Seed financing is one of the first steps in a long process in building

a successful company

Process and Next Steps

PJ Tech Catalyst follows a straight forward 3-step investment process :

1 Understand and evaluate the team, company, and idea

2 Agree deal terms and check the company

3 Invest in and grow the company

We are actively reviewing ideas and in discussions with companies – contact us

to start the process

Contact Us

Contact Details

Arnaud Henine - a.henin@pjtechcatalyst.comm – (+30) 694.456.5087

Mike Dimitropoulose - m.dimitropoulos@pjtechcatalyst.comm - (+30) 694.029.9409

Nikos Antonioue - n.antoniou@pjtechcatalyst.comm - (+30) 694.486.0931

Chris Tsangose - c.tsangos@pjtechcatalyst.comm - (+30) 694.820.0001

Loukas Pilitsise - l.pilitsis@pjtechcatalyst.comm - (+30) 695.847.2764

Kostas Malliose – k.mallios@pjtechcatalyst.com

Vasilis Theoharakise – v.theoharakis@pjtechcatalyst.comm – (+30) 694.593.5363

JEREMIE Support

Financial Support Received from the JEREMIE Facility for PJ Tech Catalyst–

Part of the financing comes from European Regional Development Fund (ERDF) and also national resources, as follows: The “Joint European Resources for Micro to Medium Enterprises – (JEREMIE)” initiative is implemented in the framework of the Sectoral Operational Programmes “Competitiveness and Entrepreneurship” and “Digital Convergence” and the Regional Operational Programmes “Macedonia – Thrace”, “Crete and Aegean Islands”, “Thessaly – Continental Greece – Epirus” and “Attica”, with the co-financing of the Hellenic Republic and the European Union.