Net Element, Inc. (NETE)

[MissionIR]

Market Performance

CIS and Russian Federation (mobile payments)
• Processed 90 million mobile transactions in 2015, up 105% YoY
• Over 3 million recurring mobile payments users
• Over 100 content providers use our services
• Ranked as #1 SMS content provider in Russia
• Average subscription annual billings ~$12 per user
• Mobile payment users increased by 300% YoY

North America (Canada and the U.S.)
• Processed 51.2 million bankcard transactions in 2015, up 45% YoY
• Over 10,000 SMB merchants
• Processed over $1 billion transactions in 2015
• Avg. annual revenue $1,800 per merchant
• Average upfront cost per acquisition $228
• Increased revenue per merchant for value added services $240 per annum

Emerging Markets (online payments)
• Processed 19.5 million mobile transactions in 2015, up 36% YoY
• Over 11 million online payments users
• Over 3,000 merchants in CIS, EU and Asia
• Ranked as #1 IPSP in Russia with 30% market share
• According to Forbes, 20% of leading online merchants in
• Russia are clients of PayOnline
• Approximately 40% of revenue is EUR / USD