1 SEPTEMBER 2018

Shareholder Update – September 2018

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2 SEPTEMBER 2018 Important information and disclaimer This presentation is for informational purposes only and is not a prospectus, disclosure document or offering document under the Corporations Act 2001 (Cth) or under any other law. It is for informational purposes only. This presentation does not constitute, and should not be construed as, an offer to issue or sell or a solicitation of an offer or invitation to subscribe for, buy or sell securities in First Growth Funds Limited (FGF). Any material used in this presentation is only an overview and summary of certain data selected by the management of FGF. The presentation does not purport to contain all the information that recipients may require to make an informed assessment of FGF or its securities nor does it contain all the information which would be required in a disclosure document prepared in accordance with the requirements of the Corporations Act and should not be used in isolation as a basis to invest in FGF. Certain information in this presentation has been derived from third parties and though FGF has no reason to believe it is not accurate, reliable or complete, it has not been independently audited or verified by FGF. The information in this presentation does not take into account the objectives, financial situation or particular needs of any person. Nothing contained in this document constitutes investment, legal, tax or other advice. Recipients of this presentation must make their own independent investigations, consideration and evaluation of FGF. FGF recommends that potential investors consult their professional advisor/s and consider the announcements published by FGF with the ASX as an investment in FGF is considered to be speculative in nature. Statements in this presentation are made only as of the date of this presentation unless otherwise stated and the information in this presentation remains subject to change without notice. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in or derived from this presentation or any omission from this presentation. To the maximum extent permitted by law, FGF disclaims any responsibility to inform any recipient of this presentation on any matter that subsequently comes to its notice which may affect any of the information contained in this presentation and undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. This presentation contains “forward looking statements” concerning the financial condition, results of operations, investments and business of FGF. Forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, “outlook”, and “guidance”, or other similar words and may include, without limitation, statements regarding investment plans, strategies and objectives of management, future or anticipated investments and potential improvements to financial and operating performance. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of FGF and its officers, employees, agents and advisers, that may cause actual results to differ materially from those predicted or implied by any forward-looking statements. There can be no assurance that actual outcomes will not differ materially from these forward-looking statements. To the maximum extent permitted by law, FGF and its affiliates, related bodies corporate and their respective officers, directors, employees, advisors and agents, disclaim all liability to any person as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) in the presentation or for any loss or damage arising out of or in connection with the use of or reliance on this presentation. Investors should be aware that blockchain technology is backed only by mathematics, technology and trust and is absolutely decentralised. This means there is no authority that can take corrective measures to protect cryptocurrency value in a crisis or issue more currency. Investments in cryptocurrency are considered high risk and speculative in nature. Although the FGF has considered these risk as part of its investment portfolio, digital currency remains highly volatile. Furthermore, while the underlying blockchain technology of these assets is considered immutable, the exchanges upon which they trade generally are not.

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3 SEPTEMBER 2018

FGF invests across different assets and classes providing a diversified portfolio of investment opportunities

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4 SEPTEMBER 2018

UPDATE

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5 SEPTEMBER 2018

FGF is pleased to announce that EQI has successfully completed a US$4M pre-ICO funding. EQI has achieved a major milestone by securing its banking license and is a registered off shore bank in

the Cayman Islands.

It will deliver a range of banking services including banking and conversion of crypto currencies to USD. The EQI tokens have been issued and will be held in escrow until early next year when a correspondent

banking relationship is expected to be secured, requiring a further US$7M in funding.

EQI has reported that it is confident in raising the

funds.

FGF is pleased to announce the SovereignCash tokens have successfully been issued and we are expecting them to list on the first exchange in the next couple of weeks. A further announcement will

be made when the date is confirmed.

FGF announced on 30 April 2018 that it had raised US$2.25M for CryptoData Vault to further develop

its hardware wallet and digital currency, SovereignCash. CryptoData Vault has developed a hardware wallet that can provide a fully compliant, secure and geo-fenced solution for trading digital

currencies. FGF has a 50% interest in the company and 15.5% of all SovereignCash tokens.

FGF is also in discussions with a couple of parties

about a distribution channel for the CryptoData Vault hardware device. More detail will be released

once these discussions are finalised.

Acudeen successfully listed on 24 August 2018 with the trading pair, Tether (a US dollar backed token), and subsequently a trading pair was established

with Bitcoin.

We expect as Acudeen continues to grow with customers using its platform and with the addition of new trading pairs and listing on new exchanges will

further support the Acudeen token price.

FGF is actively monitoring its investments and will sell its tokens as soon as practical and where there

is sufficient liquidity.

UPDATE ON DIGITAL CURRENCY INVESTMENTS F

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6 SEPTEMBER 2018

New Equity Investment

‘LINCD’

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7 SEPTEMBER 2018

Hire developers which can be expensive and time consuming. Carry

development and delivery risk.

High valuations, integration risks, technology and personnel risk.

Build Acquire

There are over 1600 digital currencies and growing and each has unique technical differences.

Companies wanting to blockchain enable their businesses have either built or acquired blockchain expertise.

The Problem

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8 SEPTEMBER 2018 LINCD Solution

Blockchain Plat form as a Service (BPaaS) al lows companies to deploy blockchain solutions within their enterprise without having to learn each blockchain protocol.

With LINCD, enterprises can connect any digital currency and blockchain protocol to their existing software and legacy systems. They do this cost effectively, quickly and without the risk of hiring new developers or having to acquire a blockchain business.

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9 SEPTEMBER 2018 LINCD PLATFORM

LINCD provides the middleware that connects to digital currencies and then exposes a public API. Companies use this API to connect to their own applications whilst leveraging the capability of the underlying blockchain technologies.

LINCD has developed a simple and elegant Blockchain as a Service solution for companies to blockchain enable their businesses.

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10 SEPTEMBER 2018

Integration Integrates with existing

application

Any Blockchain Pick and choose

blockchain technology

Any Developer No need for expensive blockchain developers

Fast Deployment Limited blockchain knowledge required

Cost Effective Low cost solution

End-to-End Solution Complete solution to blockchain enable business

LINCD PLATFORM

With LINCD you can use any blockchain protocol to deploy your solution.

No need to learn all 1600 digital currencies’ specifications

LINCD PLATFORM

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11 SEPTEMBER 2018 Client Case Studies

Supply Chain Solution A S u p p l y C h a i n s o l u t i o n f o r t h e Shipping, Logistics & Transport industry problem: The current value chain is complicated, disjointed, opaque and the parties involved use manual processes & excel spreadsheets. Solution: A web-based platform that is blockchain ready streaming from port to warehouse.

Lending Solution A Lending solution for the Family Office industry problem: The current value chain for property development lending is transactional, multi-vendor based, manual & excel based, and high opex. Solution: A web-based platform that is blockchain smart contract enabled from loan origination to approval.

Customer Engagement Solution The current utilities retail businesses a re o rgan ised p roduc t -cen t r i c vs . customer-centric model. Solution: A meta retailer who is able to provide a simple customer-centric utility subscription model.

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12 SEPTEMBER 2018

OPERATE Using the LINCD Platform, customers pay a monthly consumption fee, a similar model to an Amazon Web Services or Cloud Offering.

As customers scale their

blockchain solution, they pay more for usage.

Recurring Revenue

LINCD BUSINESS MODEL

Receives consulting revenue and may also receive Digital Currency tokens.

BUILD LINCD provides consultancy services at pre-launch stage.

Token & Consulting Revenue

CONSULTS LINCD designs and builds the

blockchain solution via its consulting services.

Project Revenue

LINCD provides an end-to-end solution for companies wanting to blockchain enable their businesses.

Fee range from $100,000 to $250,000 per client.

Fees range from thousands per month to tens of thousands per month per client.

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13 SEPTEMBER 2018 Acquisition Details & Investment Strategy FGF is pleased to announce the 100% acquisition of LINCD HQ Pty Ltd ‘LINCD’ for $1000 cash payment. FGF has also provided a US$250,000 loan at 10% interest to LINCD.

Strategically, FGF can provide LINCD with an instant sales channel to its existing investee companies and also provide LINCD access to FGF’s established partner network.

FGF has a growing portfolio of investments and sees an opportunity to introduce these companies to LINCD to generate revenue and also to receive Digital Currency tokens. LINCD can service any industry, including e-commerce and supply chain sectors.

FGF will be looking to sell down its shareholding in LINCD to a strategic investor in the short to medium term.

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