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YOUNITED CREDIT CrowdTuesday Milano – 4 Ottobre 2016

Younited Credit’s Path

2011 - 2016

2009-2011 2016

2016

Granted personal loans for more than 400 Millions

Euros in France

Younited is operating in Italy from April 2016, and is about to get launched in

Spain

Younited has already

granted more than 8

Millions Euros in personal

loans in Italy

Obtained the bank licence from the Bank

of France: it is «passportable» in all

EU countries

Opening of the Italian

Investment Funds

Coming soon

• Defaults of borrowers: This could impact the return for investors as well as initial investment

• Liquidity: Based on limited liquidity, on the worst case scenario where all investors would ask for total redemption at the same time, they would get their funds on a pro rata basis, upon borrowers monthly payment

* Net of management fees (between 0% and 0.6%) and after impact of borrowers’ defaults

Note: Italian funds will be available in the coming weeks

Funds Younited Inception

Date Loan Maturity Borrowers

Estimated Annual Returns

2015 net annual return

Total Funds Outstanding as of 01/09/2016

Gross Net *

Conservateur Court 10/2013 2 & 3 years

A Grade

4,0% 2,0% - 3,0% + 2,2% 18M€

Conservateur Long 10/2013 4 to 6 years 5,0% 2,5%- 3,5% + 3,0% 109M€

Equilibré Long 05/2014 4 to 6 years B Grade 7,0% 3,5% - 4,5% + 4,1% 40M€

Dynamique 12/2014 2,3,4,5 years C Grade 9,0% >4% + 5,1% 21M€

Younited Italy A 10/2016 2 to 6 years A, B & C Grade 6,5% 3,5% - 4,5% n.a. n.a.

Main Risks

Past performance is no indicator of future performance

Overview of our Funds

Detailed Presentation of the Funds Main characteristics Reporting

Type French securitization mutual fund ISIN code

Market Regulator classification Debt security Bloomberg code

Currency EUR Monthly report

Subscription Weekly Quarterly report

Initial value of the share € 100 Yearly report

Custodian Younited Monitoring 24/7 Online

Management company Eurotitrisation Risks

Servicing Bank Crédit Mutuel Arkéa Guaranteed product No

Auditor Mazars Liquidity Weekly

Entry fees / deposit fees € 0 Eligibility to National Deposit Insurance

Yes – up to €100,000 on deposits and €70,000 on securities Exit fees € 0 (except for early redemption)

Management fees 0.0% to 0.6% Market Regulator Autorité des Marchés Financiers

(AMF)

* Depending on the available liquidity of the Funds – see below

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Parameters used to determine the NAV (Net Asset Value) of Funds

Interests of performing loans

Performance of recollection

× Provision on 100% of the principal after 6 consecutive late payments

× Progressive provision on the principal from 1 to 5 late payments

× Provision on 100% of the interests after 1 late payment

On Younited Website Or on Investment Websites (Quantalys, Bloomberg)

Monitor your investment on the Platform

Tickers Bloomberg:

• PDUALNG:FP

• PUCONCT:FP

• PDUBCRT:FP

• PDUBLNG:FP

• PDUCDYN:FP

ISIN codes

• FR0011605682

• FR0011605690

• FR0011860881

• FR0011860899

• FR0012353548

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MERCI – GRAZIE – GRACIAS

https://www.it.younited-credit.com/

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ANNEXES

Younited – Company Profile

Creation in 2009 – 120 employees

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Institutional Investors Geographical Footprint

Offices

Opening expected Q4 2016

Paris

Rome

Barcelone

Italian office opened in March 2016 and opening of an Spanish office expected end of 2016

Objective: allows investors to finance personal loans to French households with competitive returns

€63M in equity funding and first loan origination in December 2011

Only French P2P platform licensed to operate as a credit institution (regulated by the French Central Bank – license n° 16488 - and the AMF, French market regulator)

Cumulative production exceeding 400M€ since inception representing more than 50 000 credits, i.e. 0.4% of the consumer loan French market

Operating Principle: a simple and transparent system

• Subscription by French/Italian resident individuals

• Personal loans with fixed rates and fixed monthly

payment

• 3 000€ to 40 000€ / Maturities from 2 to 6 years

• Reported loan purposes: Car Financing, Home

Improvement, Equipment, Travel

• Prime profile (permanent contract, retired people); no

borrowers with credit incident

• Scoring model used in the underwriting process

Borrowers

Loans

• Individuals and legal entities (personal holding

companies, family office, pension fund, charities…)

• Compounded interest, weekly valuation

• Weekly subscription through a Order Book

• Monthly liquidity based on borrowers’ monthly

instalments

• Pooling of all credits in the fund

Investors

Units of Funds

Focus on Liquidity

• Natural monthly liquidity which represents 3 to 5% of the total fund outstanding

• Liquidity comes from the borrowers’ monthly instalments

• This cash is used to:

1) Meet the investors’ liquidity needs*

2) Or, if no redemption are recorded, the cash is directly invested in the funds to finance new loans

• Below the two scenarios

What is the liquidity of the Funds?

Case 1 – Liquidity exceeds the redemption requests Case 2 – Redemption requests exceed monthly liquidity

3.5%

2.0%

1.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

Monthly Liquidity Redemptionrequests

Financing of newloans

3.5%

0.0%

5,50%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Monthly Liquidity Redemptionrequests

Financing of newloans

* One-month notice for any sell order – 2% penalty for early redemptions before 6 months, 1% if redemption between 6 to 12 months

As a % of the outstanding

These redemptions will be processed over the next months

Key Figures of Younited

0

3

6

9

12

15

18

21

Oct - 11 Sep - 12 Aug - 13 Jul - 14 Jun - 15 May - 16

France

Monthly Production (€M) Annual Production (€M)

Funds Outstandings (€M)

0

30

60

90

120

150

Fondsconservateurs(long & court)

Fonds Equilibrés(long & court)

Fonds dynamique

Average Interest Rates for Borrowers

0

100

200

300

2011 2012 2013 2014 2015 2016e

5%

7%

9%

A Grade

B Grade

C Grade

Donald BRYDEN, Chairman of the Supervisory Board – 62, HEC. Mr. Bryden is a senior advisor at Oaktree Capital

Management. He previously held senior management positions with banking institutions: Global Head of Corporate

Finance and Member of the Executive Committee of Royal Bank of Scotland Global Banking & Markets (2006-2008);

CEO at Royal Bank of Scotland France (2001 - 2006), responsible for the implementation of Bankers Trust in France

and global Head of Corporate Finance and financial Institutions in France for Deutsche Bank (1992-2000), head of

the Financial Office in Tokyo and Head of Corporate Finance in Asia for Paribas (1979 - 1992)

Charles Egly, CEO, 36, HEC. . Charles worked for over 7 years at BNP Paribas, initially as a product developer in the

Private Banking & Asset Management department in Hong Kong, then as a credit derivatives structurer in the Fixed

Income department in Paris

Geoffroy Guigou, COO, 36, HEC. Geoffroy worked for 3 years as a consultant at McKinsey & Co., then joined Poweo,

the first alternative electricity provider in France, in commercial and operational functions, and was a member of

the Executive Committee

Cécile Billon, CFO, 41, ESC. Cécile was audit manager for 10 years at Deloitte before joining ALTI as CFO and

member of the management committee

Frédéric Chaignon, Sales Manager, 35, EM Lyon. Frederic joined Younited in 2013. He previously worked for 5 years

at J.P.Morgan private bank in Paris where he was working with Ultra High Net Worth clients. He worked from 2004

to 2007 as an analyst at J.P.Morgan Luxembourg

Tommaso Gamaleri, Italy CEO 38, Harvard, Tommaso was a consultant with Bain & Co. for six years before founding

the Italian branch of Admiral Group (ConTe.it). As COO, he managed a company that grew from 4 to 600 employees

and achieved profitability in a record time for car insurance business

Younited – Leadership Team

Contact: invest@younited-credit.fr

Disclaimer

This document is intended for professional investors. It is designed exclusively for information purposes. It does not constitute a

contractual element, or an offer or an incentive for investment, nor an offer to buy or personal advice. It can not be considered

a solicitation or canvassing. Subject to compliance with its obligations, Younited will not be liable for the financial consequences

of any nature whatsoever resulting from the investment

Data contained in this document are not contractual or certified. Responsibility for Younited can not be held by a decision taken

on the basis of this information. Past and projected performance is not a reliable indicator of future performance. They are not

constant over time and are not subject to any guarantee. The estimates and forecasts of default rates and performance bonds

are the result of simulations were carried out in good faith by Younited for information only. They are based on various

scenarios selected by Younited by the estimated borrowers when they were made and historical data in no way prejudices the

future evolution of the actual performance of obligations rate defaults. Younited accepts no liability (i) for the relevance,

correctness or timeliness of these estimates, the latter having no contractual value and (ii) any error or omission in their

computing or dissemination. Younited or any of its officers or employees shall not be held liable for any loss arising directly or

indirectly from the consultation or use of these estimates

The general regulations and the supplementary regulations of the SPV Younited are provided to subscribers prior to the

subscription and available on request

Subscribers must consider the degree of exposure to different risks in terms of their overall allocation and their individual

situation. They can also see if they consider it necessary, their own, legal advice, financial, tax, accounting or other professional