Financial Results Presentation

for the Three Months Ended June 30, 2022

Net Protections Holdings, Inc.

(TSE Prime Market: 7383)

COPYRIGHT (C) Net Protections Holdings, Inc. All Rights Reserved.

| Business Highlights

09

| 1Q Financial Results

15

| Growth Strategy

21

| Appendix

34

2

COPYRIGHT (C) Net Protections Holdings, Inc. All Rights Reserved.

Mission

Create New Standard

With our mission "Create New Standard,"

we aim to create and spread an innovative structure for both our business and organization.

3

COPYRIGHT (C) Net Protections Holdings, Inc. All Rights Reserved.

Business Overview: A Comprehensive BNPL Service Provider Covering Both BtoC and BtoB

E-Commerce

Services

Digital

Content

NP Atobarai

NP Atobarai air

●Non-membership system ●BNPL market share: 40%*1

1 out of 7

consumers uses

●Membership system

●Settles a combined bill next month regardless of the number of transactions

NP Kakebarai

●Membership system (optional) ●Localized the existing service

Offline

Retailers

E-Commerce

Services

Wholesale

Offline

Retailers

NP Atobarai*2

Grant

Proprietary

points available

for discount

1 out of

8 companies

uses

NP Kakebarai*3

●Non-membership system

●BtoB BNPL market share: 70%*4

Launched

in Taiwan

in 2018

*1 Calculated based on the estimated amount of BNPL market in FY2020 for JPY882.0 billion and the total GMV of NP Atobarai and atone in FY2020 for approximately JPY360.0 billion from Yano Research Institute "Online

Payment/Settlement Service Providers 2021."

*2 Approximately 1 out of 7 consumers: population of 110.48 million people aged 15 and above (MIC, population statistics, 2021/4/1 estimate) ÷ FY3/2021 Annual Unique Users 15.80 million

*3 Approximately 1 out of 8 companies: # of Japanese companies 3.59 million (METI 2019 White Paper on Small and Medium Enterprises) ÷ FY3/2021 BtoB customers of 410 thousands *4 Our estimate (based on transaction volume)

4

COPYRIGHT (C) Net Protections Holdings, Inc. All Rights Reserved.

Business Overview: Positioning of Our BNPL Services versus Overseas BNPL Services

Unlike the BNPL service providers overseas, who adopt the installment payment model, our business model is based on the lump sum payment model, giving us a unique positioning in the market.

As such, our model helps limit risks of deteriorating earnings as a result of higher interest rates and of tightening regulations driven by concern that

BNPL services may lead to excessive debt.

Seniors

Want to improve cash flow

Want to use money

by paying in installments

safely and securely

Lump sum payment

model

Installment

payment model

(Mainstream BNPL model in Japan

including Net Protections)

(Mainstream BNPL

model overseas)

Young adults

5

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Net Protections Holdings Inc. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 06:38:49 UTC.