Blockchain EXE13 March 2018

Founders

Paul Nazarov

Notable startup experience:

Corporate experience:

Vladimir Lupenko

Notable startup experience:

Corporate experience:

Oskar Hartmann

Notable startup experience:

Corporate experience:

EXECUTIVE SUMMARY

CarFix – Bringing Auto Repair into Digital Economy

Customers enter basic car details

EXECUTIVE SUMMARY

HOW CARFIX WORKS

Customer instantly receives a price range & is prompted to enter VIN

Price Range

Car Details

Maintenance

Enter VIN code or car plate number to get the exact price

HOW CARFIX WORKS

5

Client accepted

client Client not accepted

5 km

CLIENT CREATES A SERVICE REQUEST

Audi A3

Regular maintenance @15k km

1

2

3

Repair shop #1

Repair shop #2Fixed price breakdown:- Labor- Specific parts

Repair shop ratings and peer reviews

Customer prepays 20% online and is guaranteed a booking &

has spare parts delivered to the shop

CARFIX HI-TECH PLATFORM

FAST

BU

Y

Pri

nci

ple

s

Immediate pricequote for labor andspare parts

Immediate onlinetransaction capability

Integration withBuyers Club andspare parts deliverymanagement

Elimination ofhuman sales functionwhile enhancingtechnical support forclients

Online

CarFix Explained

CarFix deployed a self-sustaining business model, which creates value for all marketparticipants thus creating incentives for them to stay with CarFix

-- 2 --

Car Owners Repair ShopsSpare Part

Distributors

Val

ue

• Low instant fixed prices•Transparency

through technology•Peer reviewed

quality control

•Customer flow•Cost effective

purchasing• “No show rate” <

5%

• Volume driven sales

• Promotion of specific brands

VehicleManufacturers

• Transparency & higher quality of the dealer network

• Higher retention of post-warranty cars

Offline

CarFix Revenue Model

Clients

Carfix model is geared towards solving crucial problems faced by all key market constituents, with a revenue opportunity at every node

1) Commission

Capacity utilization & bottom line

growth

Narrowing of the # of preferred

spare parts SKUs

Auto Repair Shops OEM’s & Distributors

Order aggregation, SKU selection and price optimization

CarFix

Buyers’ Club

Continued Price Reductions up to a Point of Optimal & Transparent Equilibrium

Continued quality & price improvements

2) Spare parts markup;3) Market access charge

Volume driven and interdependency

based revenue model

CarFix platform poised to become the new norm of auto repair:

Transactional platform based on proprietary technology targeting automation of user experience, algorithmic pricing and optimization of operational processes:

CarFix today

>300,000 repair jobs requests

processed

>50,000satisfied customers

2,6mWeb site visits

Clients

1,400+repair shops inspected by

CarFix team

500+Pre-selected and contracts signed

Repair Shops

200+active repair shops

12spare parts distributors

Buyers Club

>120,000SKUs for Spare parts

Flexible pricing algorithm to provide best

proposition

According to the analysis of WarrantyWeek.com 30% of the total warranty cost (almost $17 billion in 2016) derives from poor practices and processes on the part of dealers

Car manufacturer issues

The Federal Trade Commission of the United States estimates the market for fake car parts at approximately $12 billion a year

According to McKinsey & Company*, 5-10% of all claims worldwide are fraudulent. This costs US non-health insurers more than $40 billion per year. Most insurance companies use arcane

methods for policy issuance and claim management which results in operational cost inefficiencies

Insurer issues

Issues in automotive industry

CarFix will build transparent car history

Car OwnersCar

manufacturesInsurer

Pro

ble

ms

• Lack of trust on the used car market• Non-transparent

maintenance cost

•Huge warranty claim costs •Customer attrition

in post-warranty maintenance period• Large market of

counterfeit spare parts

• Arcane and costly claim management costs

• Inaccurate pricing policy

Repair shops

• Underutilized capacity

• Customers retention

CarFix – Blockchain architecture

Vehicle Lifecycle Blockchain architecture

CarFix – Blockchain transaction example

CarFix – Blockchain transaction example