Nil Vereshchagin Email and Phone Number

fundraising and investing into VCsnetwork of global family offices and ultra net-worth

Oversight of the finance function in multiple geographies (UK, U.A.E., Germany, Kenya). Budgeting, Improvements to the financial reporting, treasury, reporting to BoD, liasing with external stakeholders, due diligence, fundraising for both equity & debt (asset-based, crowdfunding-based, off-balance lending, inventory financing), corporate legal. Achievements:• Successfully worked on debt financing to bring 3.5x more funds to the Company over 12 months - 3 inventory financing (Trine, SIMA, Bettervest) and 3 receivables-based financing facilities (Benvell, Sunfunder, VSK) for Pawame (Kenya) for the total of $5m. • Closed the $1m crowdfunding equity raise (Pre-Series A).• Identified and generated another $10m pipeline of debt deals to support Company’s objectives in 2020 (Sunfunder, Nithio – termsheets for both and close to final due diligence).

Responsible for the controlling, treasury, reporting and corporate finance function across 5 countries (Europe). 14 business units under the control with the centralized reporting and treasury functions. Prepared the Company for the external due diligence from the recognized international investors.Achievements:• Secured fairness valuation opinion of the Company by Morgan Stanley and Deloitte – highest valuation for the comparable public deals in the world• Led $120m strategic sale of the Company to the LSE-listed Mail.ru (MAIL:LI). The deal was completed in 4 months (from initial offer to the cash in the bank)• Created the Finance/Reporting and Accounting function to report IFRS financial results on the 5th day after the end of each quarter (compared to 45th day prior to that)

IFRS reporting and Big 4 Audit completed (2010-15 – unqualified opinions for all years). International tax planning (US, Europe, Hong Kong). Completed restructuring of the Group legal structure to comply with the latest standards for the transparency and transfer pricing (EU/Russia). Financial ERP implementation (1C implemented and preparation to implementation of SAP). Acquisition of the minority stakes in key studios. Closed the $25M Round of investment into the Company in Feb’13. Closed acquisitions of 2 new studios in Belarus and UK. Secured partnerships with key gaming companies in China, Korea & Japan as part of the Group’s expansion into Asia. Managed Finance, Accounting and IR functions on the Group across its legal entities in Russia, CIS, Europe, US and Hong Kong.

Fundraising, finance and legal advisory for businesses in Internet, Technology, IT & Telecom.CFO Function for the company (e-commerce start-up) where I invested together with partners and angel investors

Fundraising from VCs (US, Europe) for Fast Lane Ventures portfolio companies. Sourcing of new investment opportunities,Achievements:1. Closing of Round A investment into SAPATO.ru led by Intel Capital – EUR 7M2. Sourcing and closing of early stage rounds for other portfolio companies – Jizo, VitaPortal, DomGeo, Heverest, Shopping Live, Teamo3. Sourcing of the offer to invest into Fast Lane Ventures.4. Sourcing and winning the bid to create a JV with established US Internet Company. 5. Created the Investment team which helped to:a. Prepare high-quality investment materials for all FLV portfolio companies (12+)b. Established working relationships with large number of angels, super angels and VCs in Europe and Statesc. Provided analytical support to top management and FLV shareholders

Transition to IAS reporting. Corporate Finance. Anti-crisis measures. Restructuring of legal and financial structure. Set up of new subsidiaries and integration of acquired companies into the company’s system. Tax Planning. Investor Relations. Structuring and closure of company’s M&A. Due diligence of potential acquisition targets. Managed Finance, Accounting & Legal functions on the Group across 10 operating business units (legal entities) in Russia, CIS and abroad.Achievements:1. In May 2009 closed the deal with IFC to invest $32M quasi-equity funds into Asteros. Company’s valuation did not change during the financial crisis.2. Created new Finance & Legal function to support IAS reporting & audit, budgeting & forecasting, external due diligence, valuation of potential M&A targets.3. Signed credit agreements with Orgresbank (now Nordea Bank) and Alfa Bank for total credit lines up to $50M (terms left unchanged during the financial crisis). Successfully negotiated vendor financing with HP, Cisco & Sun. 4. Finished IAS audit of FY’06 (first implementation), FY’07 and FY’08 with Deloitte and FY’09 with KPMG – unqualified opinion for all years.5. Implemented new financial ERP based on 1C.6. Restructured Group organizational structure to increase transparency for existing and future investors as well as to create basis for further development. 7. Implemented first ESOP plan for top-managers who directly report to CEO, developed further development of ESOP plan to include 2nd tier managers.

Set-up of operations in Russia (including incorporation, office, HR, banking, salary and bonus arrangements, social benefits, etc.) Supervision of Finance, Accounting, Legal, Administration, HR, Analytics. Recruitment of top and middle-level personnel. Set-up company’s reporting and budgeting principles. Development of Company strategic plan for three years and business plan for the 1st year. Structuring of local M&A.Achievements:1. Created strategic plan for three years and business plan for the 1st year. Implemented budgeting and reporting principles and procedures.2. Negotiated and closed acquisition of a Russian-based Internet advertising agency. 3. Negotiated and closed acquisition of other two Company’s key Internet resources (Championat.ru, LJ.ru). 4. Actively managed Internet advertising agency (Victory S.A.) through its transition into SUP as a General Manager.

Business processes improvement. Development of finance strategy and business plan. P&L responsibility (US GAAP). Tax Planning. External financing. Motivation & KPIs. Risk management. Managed Finance, Accounting, Legal, Back-Office functions (50+ persons). Supervision of foreign Luxoft entities (US, UK, Ukraine). Preparation for IPO.Achievements:1. Launched subsidiaries in UK and Ukraine, affiliates in St.Petersburg and Dubna. 2. Managed strategic project in Dubna (government affairs, secured residency in OEZ, moved company into new office, structured mortgage-like (ZSK) mechanism for employees for their relocation and retention)3. Organized Merger with a US software outsourcing company (Valuation, Presentation, Coordination of Due Diligence, Approval with Company Shareholders)4. Implemented KPIs for motivation of Sales, Production & Administration Personnel.5. Successful external tax audit and 4 US GAAP audits by E&Y.6. Participated in Private Placement of the Group shares (Nov’05).

Structuring of new financing including ADR issuance at NYSE, Convertible Bonds offering, various bank and vendor credits, review and comments on major agreements under Russian, Dutch and U.S. law related to new financing, compliance with requirements of US SEC. Setting up and financial control over 6 offshore entities (Netherlands, Belgium, BVI), compliance with various requirements of Dutch and Russian authorities. Russian currency control issues and reporting. Financial modelling and relationships with creditors. Tax planning. Stock options. Expenses budgeting and cashflow planning. Achievements:Creation and management of the offshore structure which was used to successfully attract $225,4m in form of ADR and Convertible Bonds listed at NYSE,Implementation of the Employee Stock Option Plan.