INTERIM FINANCIAL STATEMENTS

NET MOBILE AG unaudited, condensed CONSOLIDATED INTERIM FINANCIAL STATEMENTS for the first half year 1 st of January 2015 30 th of June 2015 net-m.de

INTERIM FINANCIAL STATEMENTS TABLE OF CONTENTS CORPORATE NEWS 3 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 4 CONSOLIDATED BALANCE SHEET ASSETS AND LIABILITIES 5 CONSOLIDATED STATEMENT OF CASH FLOWS 7 FOUNDATION OF THE GROUP 9 RESTRUCTURING OF THE COMPANY S ORGANISATION 9 NOTES TO THE IFRS INTERIM CONSOLIDATED FINANCIAL STATEMENT 10 CONSOLIDATED GROUP AND SHAREHOLDINGS 11 PREPARATION OF THE HALF YEAR REPORT FIGURES 12 ACCOUNTING POLICIES APPLIED IN PREPARING THE FINANCIAL STATEMENTS 12 INVESTMENTS 12 TRADE RECEIVABLES 12 OTHER CURRENT ASSETS 12 CASH AND CASH EQUIVALENTS 12 ASSETS HELD FOR SALE 13 EQUITY 13 TREASURY SHARES 13 NON-CURRENT AND CURRENT LIABILITIES 13 ASSETS, LIABILITIES, FINANCIAL POSITION 14 SALES DEVELOPMENT 14 PERSONNEL COSTS 15 AMORTIZATION AND DEPRECIATION 15 EARNINGS PERFORMANCE 15 FINANCIAL AND TAX RESULTS 15 RESULTS FROM DISCONTINUED OPERATIONS, NET OF TAX 15 CONSOLIDATED RESULTS 15 2

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 NET MOBILE AG S RESTRUCTURING PROGRAM CONTINUES TO SHOW PLANNED PROGRESS Gross margin increased from 22.1% to 25.8% compare to the same period last year IAV (Sales after deducting directly attributable cost of sales) grew by keur 2,290 to keur 15,783 2nd Contribution margin increased by keur 3,956 to keur 6,569 EBIT increased from keur -35 to keur 2,788 One of the leading international full-service provider of payment solutions and mobile value-added services, net mobile AG (ISIN: DE000813852), announces today its results for the first half of 2015 today. Its global client base includes national and global mobile telecommunications providers, media companies, portals, branded companies and TV channels, for which complete white label solution services such as Direct Carrier Billing and Mobile TV are provided. Consolidated sales for the first six months dropped by keur 7,181 to keur 65,217 (Q1 - Q2 2014: keur 72,398 TEUR). This corresponds to a reduction of approximately 9.9%. The gross margin continued to show a positive trend and increased from 22.1% to 25.8%. The IAV (Industrial Added Value) increased from keur 13,493 to keur 15,783 (keur +2,290) as per expectations. The 2nd Contribution Margin increased by 151% to keur 6,569 (Q1 - Q2 2014: keur 2,613). The segment Payment Solutions sales reduced by keur 4,577 to keur 46,988 (Q1 - Q2 2014: keur 51,565) in the first half of 2015 with an IAV of keur 11,121 (Q1 - Q2 2014: keur 8,233). The main reason for the reduction in sales were new regulations in the market for the mobile payment business. The segment B2O & Media achieved sales of keur 3,729 which is keur 930, about 20.0%, lower than previous year (Q1 - Q2 2014: keur 4,659). The drop in sales resulted from declining business activities in low margin legacy product lines in this segment. The IAV only dropped by 4.3% to keur 2,343 (Q1 - Q2 2014: keur 2,449). The segment Voice Solutions increased its sales by keur 639 to keur 10,114 (Q1 - Q2 2014: keur 9,475). This represents an increase of around 6.7%, which resulted primarily from the acquisition of new key accounts following a reorganisation in sales. IAV was keur 835 up only 1.9% on the previous year (Q1 - Q2 2014: keur 851). The segment B2C sales were keur 4,386, a drop of keur 2,313 compare to previous year s sales (Q1 - Q2 2014: keur 6,699). The IAV also dropped by 24.3% to keur 1,484 compared to the previous year (Q1 - Q2 2014: keur 1,960). The main reason for the drop in sales was the loss of a major client in the Spanish market. The reorganisation carried out last year is now showing planned effects. Personnel expenses dropped to keur 6,859 (Q1 - Q2 2014: keur 7,770). The volume of depreciation amounted to keur 5,132 in the first half of 2015 (Q1 - Q2 2014: keur 5,198), thus resulting in a reduction of keur 66. Net income also improved compare to the same period last year to keur 1,684 (Q1 - Q2 2014: keur -704). Outlook The restructuring programme of net mobile AG comprises three essential elements: Clear priorities and investments in the capabilities of the company and its employees Reorganisation for growth, for the creation of an agile, well-aligned organisation Optimisation of costs, as an ongoing process to improve the efficiency and effectiveness of the business units. The resulting measures showed planned impact in all areas of the company in the first half of 2015. The new management of the net mobile Group is therefore motivated to continue to implement the restructuring program and the planned activities associated with it, so as to be more efficient and expand the profitability of the business units. The main shareholder of net mobile AG supports this development and further encourages it with financial support. 3

INTERIM FINANCIAL STATEMENTS CONSOLIDATED net mobile AG, Dusseldorf STATEMENT OF COMPREHENSIVE INCOME Consolidated STATEMENT OF COMPREHENSIVE INCOME for the period from January 1 to June 30, 2015 (translation) for the period from January 1 to June 30, 2015 (translation) Q1 - Q2 2015 Q1 - Q2 2014 **customized Sales 65.217.083,03 72.397.863,74 Cost of Sales -48.362.441,25-56.885.844,86 Gross margin 16.854.641,78 15.512.018,88 Selling Costs -2.110.444,49-2.107.619,56 Research and Development Costs -1.456.665,49-1.683.444,55 General Administration Costs -5.419.483,81-5.600.435,62 Restructuring Costs -250.000,00-618.373,59 EBITDA Before Valuation Adjustments 7.618.047,99 5.502.145,56 Valuation Adjustments 551.549,44-68.405,91 EBITDA After Valuation Adjustments 8.169.597,43 5.433.739,65 Amortization and Depreciation -5.131.955,23-5.198.487,26 Other Expenses -249.909,49-270.616,93 EBIT 2.787.732,71-35.364,54 Interest Income 39.844,29 54.340,68 Interest Expenses -193.758,37-211.525,73 Financial Expenses -309.339,69-155.334,34 Financial Result -463.253,77-312.519,39 Consolidated Year Results before Income Taxes 2.324.478,94-347.883,93 Income Taxes -346.443,90 220.925,79 Consolidated Year Results from continuing operations 1.978.035,04-126.958,14 Results from discontinued operation, net of tax -294.357,81-577.151,43 Consolidated Year Results 1.683.677,23-704.109,57 4

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 CONSOLIDATED BALANCE SHEET as of 06/30/2015 ASSETS A. Non-current Assets Q2/2015 12/31/2014 I. Property, Plant and Equipment 2.110.138,05 2.402.897,06 II. Intangible Assets 22.265.688,76 24.252.231,45 III. Goodwill 9.511.607,55 9.511.607,55 VI. Deferred Tax Assets 3.819.502,21 4.050.853,80 37.706.936,57 40.217.589,86 B. Current Assets I. Trade Receivables 27.178.038,03 32.022.438,55 II. Other Financial Assets 4.066.350,75 3.654.319,78 III. Other Non-Financial Assets 302.502,41 221.395,28 IV. Cash and Cash Equivalents 1.241.329,68 400.677,40 V. Assets Held for Sale 135.705.479,00 147.915.266,73 168.493.699,87 184.214.097,74 206.200.636,44 224.431.687,60 5

INTERIM FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEET as of 06/30/2015 LIABILITIES Q2/2015 12/31/2014 A. Equity I. Share Capital 12.448.207,00 12.448.207,00 II. Capital Reserves -6.629.190,68 19.750.552,65 III. Consolidated Year Results 1.683.677,23-27.146.424,56 B. Non-Current Liabilities 7.502.693,55 5.052.335,09 I. Financial Liabilities 27.631.579,64 0,00 27.631.579,64 0,00 C. Current Liabilities I. Provisions 141.282,20 180.365,80 II. Accounts Payable 25.053.759,82 30.202.796,34 III. Liabilities to Banks 4.011.299,09 11.246.338,47 IV. Other Financial Liabilities 17.788.483,00 38.702.913,84 V. Liabilities Held for Sale 124.071.539,14 139.046.938,06 171.066.363,25 219.379.352,51 206.200.636,44 224.431.687,60 6

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 CONSOLIDATED STATEMENT OF CASH FLOWS Consolidated statement of cash flows for the financial year from January 1 to June 30, 2015 (translation) net mobile AG, Düsseldorf for the financial year from January 1 to June 30, 2015 (translation) YTD 2014 Consolidated Year Results 1.683.677,23-27.146.424,56 + Depreciation of Intangible Assets and Tangible Fixed Assets 6.066.343,28 11.085.699,05 + Impairment Losses on Goodwill, At-Equity Investments and Long-Term Financial Assets 0,00 19.719.765,35 +/- Other Non-Cash-Item Expense / Earnings and Exchange Rate-Related Asset Changes 766.681,23 564.897,58 -/+ Profit/Loss from Divestiture of Tangible fixed Assets 0,00 249.385,95 -/+ Increase/Decrease of receivables from delivery of goods and services 4.393.323,83 2.668.652,13 -/+ Increase/Decrease of inventories 0,00 284.366,75 -/+ Increase/Decrease deferred tax assets 346.328,34 144.970,75 -/+ Increases/Decrease of other assets not allocated to investments or financing activities 584.134,40-20.624.873,24 +/- Increase/Decrease of obligations from delivery of goods and services -9.086.781,02 5.366.412,42 +/- Increase/Decrease of other libilities not allocated to investments or financing activities 2.297.460,87-66.802.424,72 +/- Increase/Decrease of deferred tax liabilities 0,00 0,00 = Cashflow from current business activities before interest charges 7.051.168,16-74.489.572,54 + Receipts from the divestiture of intangible assets and tangible fixed assets 20.373,54 362,13 - Payments for the production, purchase of intangible assets and tangible fixed assets -3.304.112,67-10.398.145,16 - Net receipts from the acquisition of companies (Payments less acquired liquid assets) 0,00 0,00 + Receipts from sale of financial assets 7.535.011,27 14.832.542,37 - Payments for the acquisition of financial assets -736.998,97-12.209.531,84 = Cashflow from investment activities 3.514.273,17-7.774.772,50 7

INTERIM FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF CASH FLOWS for the financial year from January 1 to June 30, 2015 (translation) YTD 2014 + Receipts from capital changes 0,00 0,00 + Receipts from the borrowing of debt 0,00 13.911.316,13 - Payments for the redemption of debt -14.407.369,65-2.606.044,33 - Acquisition of non-controlling interests 0,00 0,00 - Repurchase of own shares 0,00 0,00 = Cashflow from financing activity -14.407.369,65 11.305.271,80 Change in liquid assets -3.841.928,32-70.959.073,24 + Change in liquid assets from currency exchange-rate changes 22.768,54 8.035,78 + Cash at the start of the period 59.627.790,01 130.578.827,47 = Cash at the end of the period 55.808.630,23 59.627.790,01 Composition of liquid assets Cash 7.087,45 9.820,10 Deposits at Central Banks 18.936.301,67 19.046.967,47 Short-Term receivables from banks/bank deposits 36.865.241,11 40.571.002,44 55.808.630,23 59.627.790,01 8

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 FOUNDATION OF THE GROUP net mobile AG is a leading international full-service provider of mobile value added services and payment solutions. The company, founded in November 2000, it was relaunched as an independent company on 10 April 2003 and is regarded as an innovation leader in the marketplace. The products in detail: Provision of payment methods via telephone bills (Direct Carrier Billing, premium SMS) Provision and operation of IP-TV solutions Voice-activated telephone and interactive telecommunication services Products for mobile phones and other devices such as images, videos and games net mobile AG offers its clients Full Managed Services: these encompass consulting, design, application, content, billing, data transport and technical implementation. With over 500 clients worldwide, these include national and global mobile telecommunication providers, media companies, portals, brand name companies and television networks. Net mobile AG offers these customers, for instance, payment solutions for digital goods via mobile phone bills (Direct Carrier Billing), operates IPTV solutions and furnishes voice-activated telephone and interactive telecommunication services. Since 2009, the Japanese corporation NTT DOCOMO, INC, Tokyo, is the major shareholder of net mobile AG, holding 87.36% of the shares. In the past fiscal year, net mobile AG Group consisted of the following companies: net-m privatbank 1891 AG (Dusseldorf), net mobile minick GmbH (Hamburg), First Telecom GmbH (Frankfurt am Main), First Communication GmbH (Frankfurt am Main), SN Telecom GmbH (Frankfurt am Main), net mobile Schweiz AG (Glattbrugg/Switzerland), net mobile UK Ltd. (London/Great Britain), net mobile Minick Spain S.L.U. (Madrid/Spain), GOLDkiwi Media S.A. (Diegem/Belgien), Payment United GmbH (Hamburg). In the financial year there were the following changes in the balancing-based companies: The net mobile Verwaltungs AG was merged to net mobile AG Switzerland with a notarized contract dated 30 June 2015. RESTRUCTURING OF THE COMPANY S ORGANISATION In order to focus on the core skills of the company within the fast-paced telecommunications marketplace, net mobile AG s new company structure came into effect on 1 January, 2014. During the fiscal year 2013 and with the help of a well-known consulting company, net mobile AG analysed its business operations and structure, discontinued various business activities and streamlined other business units. In addition, branch offices outside of headquarters were diminished or closed and personnel reduced. On the one hand, this structure shifted the responsibility for Business Units to the Unit Leaders, hierarchically directly below Board Level; on the other hand this construction places a very specific focus on the interests of the respective client groups. These changes also had effects on the Board of net mobile AG. The aim was a leaner and thus more efficient and customer-focused organisational structure. In order to take more efficient advantages of existing technical capacities, a further refinement to the organisational structure was realised in November 2014 as follows: The segment Carrier & OTT, which had included business with mobile operators as well as business with so-called Over The Top Players, was split into two separate business units. The OTT segment was subsequently merged with the thematically related business unit Reselling net-m brand and 9

INTERIM FINANCIAL STATEMENTS is now managed under the Unit Payment Solutions. The segment Payment Solutions includes the provision of payment methods via mobile phone bills, also known as Direct Carrier Billing. Since the start of the now successfully completed Group restructuring, net mobile AG considers Direct Carrier Billing as their core business. As a preferred partner of Google Inc. and Microsoft Corporation, net mobile AG enables worldwide more than 150 million customers to pay for digital products, such as applications and games from Google Play and Windows Phone Store platforms, quickly and easily via their mobile phone bill. Furthermore, the segment Payment Solutions provides value-added service systems for the dispatch of paid content, information, services and text messages. The segment Carrier is now listed as Business Unit B2O & Media (Business to Operator and Media). This unit includes business with mobile operators. Furthermore, net mobile AG offers worldwide exclusive mobile content from a major US content provider. Furthermore, in order to bring greater clarity into the product areas, all products for speech-based telephony and interactive telecommunications services from the former business unit Reselling First Brand have been spun off and are now listed separately under the business unit Voice Solutions. The activity of this area consists of the connection and rental of landline phone numbers within in its own network as well as related or allied services. The Business Unit Online & TV is now operated under the name B2C (Business to Consumer). The unit includes products for mobile phones and other devices, such as images, videos and games. The organisation of the Segment Bank/PSP remains unchanged. Equipped with a Europe-wide full banking license and as a Principal Member of the two leading credit card companies MasterCard and VISA - with licenses for card issuing and acquiring - the net mobile Group provides financial services within this area such as comprehensive national debit services, multi-domestic direct debit (national and SEPA) and secure multi-currency credit card acquiring services as well as PSP (Payment Service Provider) and mobile POS solutions (POS = Point of Sale). Strategically established as an international transaction banking division of the Group, it has the capacity to provide automatic and seamless multicurrency acquisition services for any type of card-based transactions. It also provides Multi-Niche-Issuing, whereby the latest features and added value for cardholders are implemented to simultaneously increase customer loyalty via cobranding. The Group issues both its own card products as well as a variety of customised solutions for co-branding solutions on behalf of cooperation partners. As part of the net mobile Group reorganisation, management made the decision to sell the Segment Bank/PSP. In the wake of this decision, the Segment Bank/PSP was declared a Discontinued Operation in the Disposal Group in accordance with IFRS 5, and is therefore presented separately in the full financial report. The information following uses the adjusted figures. net mobile AG s optimised organisational structure now results in the following five Business Units: Payment Solutions B2O & Media Voice Solutions B2C Bank/PSP (Intention to Sell) NOTES TO THE IFRS INTERIM CONSOLIDATED FINANCIAL STATEMENT Consolidation: The Company is not required to prepare IFRS Consolidated Financial Statements in accordance with section 315a of the German Commercial Code, as its shares are not traded on a regulated market. However, in this Consolidated Financial Statement, the Company has exercised the option of voluntarily preparing the Consolidated Financial Statements in accordance with International Financial Reporting Standards (IFRS). As the Consolidated Financial statements for the year ended 31st of December 2014 were prepared in accordance with IFRS, the company does not provide financial statements reconciled with German Commercial Code. With respect to the notes to the Consolidated Financial Statements, the net mobile Group refers to the Company s Annual Report for the year ended on the 31st of December 2014, which should be applied in evaluating the quarterly figures. The annual audits for the subsidiaries have also been predominantly concluded. The publication of the Consolidated Financial Statements will follow in the coming months. 10

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 CONSOLIDATED GROUP AND SHAREHOLDINGS The group of fully consolidated companies (CV) of the consolidated financial statements as at 30 June 2015 includes the relevant associated companies in which the net mobile AG directly or indirectly holds more than 50% of the voting rights or can exercise a controlling influence in other ways. At the reporting date, there are no minorities in the Group who hold shares in consolidated assets. The shareholdings are follows: Company Interest in share capital (in %) Form of inclusion 31.12.2014 Equity in keur 2014 Net profit for the period in keur First Telecom GmbH, Frankfurt/Main, Germany 100 GC 937-1,115** First Communication GmbH, Frankfurt/Main, Germany 100*** GC -1,307-202** SN Telecom GmbH, Frankfurt/Main, Germany 100 GC 50 388** net mobile Schweiz AG, Glattbrugg, Switzerland, former: Zurich, Switzerland 100 GC -2,091-1,337**** net mobile minick GmbH, Hamburg, Germany 100 GC 564 1,221** net mobile UK Ltd, London, UK 100*** GC -231 542**** net mobile Minick Spain SLU, Madrid, Spain 100** GC 28 434 GOLDkiwi Media S.A., Diegem, Belgium 99.99 * GC -659 315 net-m privatbank 1891 AG, Düsseldorf, Germany 100 GC 5,979-2,565 Payment United GmbH Hamburg, Germany 100 GC -444-279 * One share with a nominal value of! 10 is held by former Executive Board member Edgar Schnorpfeil for * technical One share reasons. with a Minority nominal interests value of have! 10 not is held been by reported former in Executive the consolidated Board member financial Edgar statements Schnorpfeil on for technical account reasons. of immateriality. Minority interests have not been reported in the consolidated financial statements on account ** Prior of immateriality. to profit transfer. ** *** Indirect Prior to shareholding. profit transfer. **** Net Indirect profit shareholding. or loss including foreign currency translation. **** Net profit or loss including foreign currency translation. All companies have drawn up individual financial statements in accordance with the local accounting standards (HGB, Swiss GAAP, UK GAAP etc.) and in local currency to the uniform Group reporting date 31st December. Any adjustments to the IFRS (from the International Accounting Standards Board (IASB) published International Financial Reporting Standards), as adopted by the EU, will be carried out in the preparation of the consolidated financial statements. net-m privatbank 1891 AG is bound to the proscription of the German Banking Act and the rules on large exposures according to CRR article 395, by which banks are forbidden to grant more than 25% of their own funds as a loan to a company. 11

INTERIM FINANCIAL STATEMENTS PREPARATION OF THE HALF YEAR REPORT FIGURES The information about the first six months of the 2015 financial year has been prepared by the Executive Board of net mobile AG. The half-year financial statement have not been reviewed or certified by an auditor. All figures should be read in conjunction with the consolidated annual report for the year ended 31st of December 2014 and the corresponding notes. The income statement has been prepared in accordance with the cost of sales method. ACCOUNTING POLICIES APPLIED IN PREPARING THE FINANCIAL STATEMENTS The consolidated financial statements have been prepared in Euro or thousands of Euro (keur) in accordance with the provisions of the International Financial Reporting Standards (IFRS). The accounting policies are unchanged since the annual financial statements of the 31st of December 2014. INVESTMENTS In the past three months, the investments in fixed assets (excluding financial assets) amounted to keur 2,433. These are mainly as follows: Development costs of keur 1,826 are contained within the investment in intangible assets. Intangible assets keur 2,215 Tangible assets keur 212 Assets under construction keur 6 TRADE RECEIVABLES Trade receivables are required to be classified as loans and receivables in accordance with IAS 39 and are carried at amortised cost using the effective interest method. By indications of impairment, individual value adjustments are made. Due to the short maturity, the carrying amounts are considered to be a reasonable estimate of fair value. OTHER CURRENT ASSETS Other current assets mainly include other financial receivables from non-consolidated affiliated companies and third parties, receivables from banks with a maturity from over three months and up to one year. These are classified as loans and receivables. Due to the short maturity, the carrying amounts are considered to be a reasonable estimate of fair value. CASH AND CASH EQUIVALENTS Cash and cash equivalents comprise of bank account deposits and cash-in-hand. Basically, deposits at banks have an original maturity of up to three months. They are measured at cost. Accounts denominated in foreign currency are valued at the closing rate. 12

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 ASSETS HELD FOR SALE Assets held for sale contains the disposal group Bank/PSP and the assets allocated to this group. They are measured at fair value inasmuch that IFRS 5 is applicable. EQUITY In the period to be reviewed, the equity of the company has through the positive result grown by keur 2,450 and amounts to keur 7,503 at the reporting date. The equity ratio increased, mainly through the profits from the half year, from 2.3% to 3.6 %. Please see the consolidated financial statements per 31st December 2014 for further information to equity and equity ratio. Authorised capital and contingent capital reported in the Annual Report remain unchanged. TREASURY SHARES AS OF THE 30TH OF JUNE 2015 net mobile AG holds no treasury shares at present. NON-CURRENT LIABILITIES The non-current financial liabilities include only those parts of liabilities which are not to be repaid within twelve months. This liabilities primarily relate to affiliated companies (keur 27,000, previous year: keur 0). CURRENT LIABILITIES Current provisions include current external obligations caused by past events if a future outflow of resources is likely and the amount of the obligation can be reliably estimated. They are recognised in the amount of the best estimate. This is the amount that an entity would rationally pay to settle the obligation at the end of the reporting period or to transfer it to a third party at that time. In line with IAS 39, trade payables and advance payments received are measured at fair value or cost as they arise and subsequently using the effective interest method at amortised cost. Accruals are also reported in this item and measured in line with trade payables. Due to the short maturity, the carrying amounts are considered to be a reasonable estimate of fair value. The measurement of current liabilities and other financial liabilities is in line with IAS 39. These liabilities are recognised at fair value as they arise and subsequently using the effective interest method at amortised cost. Other current liabilities primarily relate to liabilities to affiliated companies (keur 15,218 previous year: keur 36,608) and to credit institutions (keur 4,011, previous year keur 11,246). Tax liabilities are included in the accruals under other financial liabilities and relate mainly to other taxes. Liabilities held for sale contains debts allocated to the disposal group Bank/PSP. 13

INTERIM FINANCIAL STATEMENTS ASSETS, LIABILITIES, FINANCIAL POSITION PER 30TH JUNE, 2015 Compared to 31st December 2014, the equity of the company has increased by keur 2,450 and per reporting date amounts to keur 7,503. The equity ratio increased, mainly through the profits from the first half year, from 2.3% to 3.6%. The noncurrent financial liabilities consist basicly of a long-term loan of EUR 27 million from NTT DOCOMO Inc.. In the first half year of 2015, the group could significantly reduce the debt owed to banks. The main reason for this was the improved cash management of the net mobile group and the subsequent reduction on trade receivables and also the entry admission into the Global Cash Management System of NTT DOCOMO Group. Cash and cash equivalents of the company (excluding the business area of Bank/PSP ) at the reporting date amount to keur 1,241 (previous year keur 401) and current liabilities to credit institutes to keur 4,011 (previous year keur 11,246). SALES DEVELOPMENT At the beginning of the fiscal year 2014 and for the internal control of the Group, the management board settled on the following three performance indicators: turnover, Industrial Added Value (IAV = Sales minus directly attributable cost of sales) and 2nd Contribution Margin (2nd CM = IAV minus personnel costs + bonus expenses minus other operating expenses + management fees + restructuring costs + value adjustments + other company income minus other taxes). Consolidated sales for the first six months dropped by keur 7,181 to keur 65,217 (Q1 - Q2 2014: keur 72,398 TEUR). This corresponds to a reduction of approximately 9.9%. The gross margin continued to show a positive trend and increased from 22.1% to 25.8%. The IAV (Industrial Added Value) increased from keur 13,493 to keur 15,783 (keur +2,290) as per expectations. The 2nd Contribution Margin increased by 151% to keur 6,569 (Q1 - Q2 2014: keur 2,613). The development at the level of the segments is as follows: The segment Payment Solutions sales reduced by keur 4,577 to keur 46,988 (Q1 - Q2 2014: keur 51,565) in the first half of 2015 with an IAV of keur 11,121 (Q1 Q2 2014: keur 8,233). The main reason for the reduction in sales were new regulations in the market for mobile payment business. The segment B2O & Media achieved sales of keur 3,729 which is keur 930, about 20.0%, lower than previous year (Q1 - Q2 2014: keur 4,659). The drop in sales resulted from declining business activity in low margin legacy product lines in this segment. The IAV only dropped by 4.3% to keur 2,343 (Q1 - Q2 2014: keur 2,449). The segment Voice Solutions increased its sales by keur 639 to keur 10,114 (Q1 - Q2 2014: keur 9,475). This represents an increase of around 6.7%, which resulted primarily from the acquisition of new key accounts following a reorganization in sales. IAV was keur 835 up only 1.9% on the previous year (Q1 - Q2 2014: keur 851). The segment B2C sales were keur 4,386, a drop of keur 2,313 compare to previous year s sales (Q1 - Q2 2014: keur 6,699). The IAV also dropped by 24.3% to keur 1,484 compared to the previous year (Q1 - Q2 2014: keur 1,960). The main reason for the drop in sales was the loss of a major client in the Spanish market. Altogether, as mentioned above, the 2nd Contribution Margin was keur 6,569 (Q1 - Q2 2014: keur 2,613). This breaks down as follows: keur Payment Solutions 9,401 B20 & Media 618 B2C 904 Voice Solutions 322 General Business Units -4,676 6,569 14

1 ST OF JANUARY 2015 30 TH OF JUNE 2015 PERSONNEL COSTS Personnel costs sank to keur 6,859 (Q1 - Q2 2014: keur 7,770). In parallel, the in-house development capacity declined from keur 2,550 last year to keur 1,826. AMORTIZATION AND DEPRECIATION The volume of amortization and depreciation in the second quarter 2015 amounted to keur 5,132 (Q1 - Q2 2014: keur 5,198), a decrease of keur 66. EARNINGS PERFORMANCE The result before interest and taxes (EBIT) is, in the first six months of the current fiscal year, at keur 2,788, keur 2,823 better than in the comparison period (Q1 - Q2 2014: keur -35). The realignment and the restructuring thus show the desired results. FINANCIAL RESULTS The financial results in the first six months deteriorated by keur -150 to keur -463 (Q1 Q2 2014: keur -313) compared with the comparison period. The main contributor to this was currency exchange losses amounting to keur -309 (Q1 - Q2 2014: keur -155), which mainly resulted from the decision of the Swiss National Bank to repeal the minimum exchange rate between the euro and the Swiss franc. TAX RESULTS The tax charge for the first six months amounts to keur -346 (Q1 - Q2 2014: keur 221), mainly resulting from changes in deferred taxes. RESULTS FROM DISCONTINUED OPERATIONS, NET OF TAX The result from discontinued operations in the first half year of 2015 amounted to keur -294 (Q1 - Q2 2014: keur - 577). CONSOLIDATED RESULTS The consolidated result, due to the described developments, increased from keur -704 to keur 1,684 compared with last year s equivalent period. 15

net mobile AG Fritz-Vomfelde-Str. 26 30 40547 Düsseldorf Phone: + 49 211-9 70 20-0 Fax: + 49 211-9 70 20-999 E-Mail: info@net-m.de Internet: www.net-m.de