Corporate Profile v.10 Global presence in over 18 countries TSE:MBA
Growing Demand for Western Education in Asia 60% 50% 40% 30% 20% 10% 0% Forecasted % of Population with Post-Secondary Education 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 China Philippines Korea, Rep. For centuries, western education has been highly valued by the Asian culture due to employment opportunities and career advancement at multinational companies Working for multinational companies pay better wages China has the largest education system in the world, Pan Asia is even bigger Asia s education market is growing quickly due to a variety of economic, political, and demographic factors Tier 1 & 2 households have the ability to pay for higher education and send their children to study abroad 2
Market Size in Emerging Asia 8 Asian countries 3 billion people 700 million students China (1994) C H I N A South Korea Philippines (2009) S. Korea (2009) India Vietnam Vietnam (2010) Middle East (2010) Thailand Philippines India (2013) Thailand (2014) Malaysia (2014) Malaysia Indonesia Indonesia (2014) 3
Guiding Principles Global Vision To become a leading global education provider using interactive technology to deliver advanced education to students across Asia. Mission Statement & Business Objectives CIBT delivers quality western education through an extensive global network and advanced technology to students in North America and emerging Asia, which improves their earnings potential and lifestyles. To complement that vision, we recruit international students to study at our North American campuses and provide them with enhanced learning experience and employment opportunities. Emerging market growth without emerging market risk. 4
Corporate Structure Business & Trade Schools in China Language Schools in Canada Career & Technical Colleges in Canada Accredited University Programs in Canada Student Referral Service from K-12 to University in Canada & US Delivery by traditional Campuses and the Global Learning Network & GLN Desktop Global Career Center (Philippines) Life Time Job Placement Services 5
CIBT Global System of Schools Students Enrollment %(2012) Revenue % Breakdown 5.3% 50% 41% University & College Degrees Career Diploma Sprott Shaw College English Training 1,301 (11%) King George International College 3,434 (28%) $3M $29M 7,364 (61%) $24m Revenue $ Breakdown 6
Partnerships in 18 countries, 13,000 students (9,000 from International) & Recruitment in 42 countries Canada UK Netherlands USA Argentina Australia Belgium Brazil Cambodia Canada Chile China Colombia Costa Rica Dominican Republic Ecuador England France Germany Hong Kong India Iran Italy Japan Korea Mexico Jamaica Switzerland Spain Brazil Jordan India Vietnam China Korea Taiwan Japan Philippines Australia Malaysia Mexico Mongolia Pakistan Peru Philippines Poland Russia Saudi Arabia Spain Switzerland Taiwan Thailand Turkey Ukraine United Arab Emirates United States Uruguay Venezuela Vietnam Yemen Corporate Locations Joint Program Schools Exclusive Licensing 7
Student Demographic Student Demographics 2012 Total Population 12,861 China 19% Japan 11% Brazil 4% Taiwan 2% Domestic 19% Korea 19% Saudi Arabia 21% Other 7% Mexico 2% Spain 1% Others 2% 89
Impressive Growth $60 CIBT Group Audited Revenue $50 Revenue (Millions) $40 $30 $20 $10 $0 2006 2007 2008 2009 2010 2011 2012 9
Sprott Shaw College One of the oldest & largest private colleges in Canada Opened the first Sprott-Shaw campus in 1903 and acquired by CIBT Education Group in 2007 Presently operates 13 campuses in Canada and overseas campuses in Asia and the Middle East Sprott-Shaw Colleges are accredited through the Private Career Training Institute Agency of British Columbia, Canada Largest trainer of Practical Nurses in Canada with over 90% passing rate 2012 Over 140 career diploma programs including: Business Administration Practical Nurse, Health Care Assistant Early Childhood Education Construction Trades & Electrical Hotel Management International Business Overseas Career Preparation Programs 10
KGIC International College One of Canada s largest language training schools Robson Street Campus Vancouver Center Campus Canada TESOL Center Surrey Campus Toronto Campus Toronto Business College Victoria Campus Halifax Campus Established in 1996 Educated over 40,000 students since 1996 8 campuses in Canada, 6 overseas offices & training centers Specializes in English training, TESOL and career diploma programs Enrolled 6,000+ international students per year generated nearly $24M revenue in 2012 International students from Asia, Eastern Europe, Middle East and India Excellent upgrade path from KGIC language programs to Sprott-Shaw diploma or degree programs KGIC programs being broadcasted to Asia by the Global Learning Network Youth Bridging Programs 11
Acsenda School of Management International thinking, Individual focus. ASM offers accredited undergraduate degrees authorized by the Degree Quality Assessment Board of British Columbia, Canada The Degree College emphasizes the principles of professional ethics and personal integrity A deep understanding for teaching international students with integrated Academic English and Success Skills program to increase the English proficiency of international students, while they earn course credit Offers Degrees with specialized concentrations including: Bachelor of Business Administration with Concentrations in: International Business Human Resources Management Accounting (course credits for 4 of 5 levels of the Certified General Accounting (CGA) designation) Marketing Generalist Bachelor of Hospitality Leadership Management 12
CIBT School of Business China A premium business college in China since 1994 CIBT Beihai International College offers accredited Chinese Associate Degree programs CIBT Guangzhou School of Business offers University Pathway & International Degree programs Hotel & Hospitality Programs Established in 1994, CIBT has launched various programs in China including: Award Winning Accredited MBA Graduate Degrees Transferable Bachelor Degrees Hospitality and Tourism Diplomas Named China s most influential Sino MBA programs twice since 2004 Best Practice in automotive education in China 2006 Awarded China s top 2 international preparation colleges in 2008 One of the most experienced foreign Business and Career Schools in China 13
Global Education Alliance International Student Recruitment Service GEA is an international students recruitment business for elite schools in North America Executed Partnerships Elite Kindergarten-12 Schools Southpointe Academy Mulgrave School Academy of Holy Angels Universities: Northeastern State University Bemidji State University Concordia University Chicago California Baptist University 14
Vertical Integration and Value Chain INTERNATIONAL MARKETS INFRASTRUCTURE IN NORTH AMERICA GEA recruits Post Secondary Students EPE Program Overseas Career Preparation Program University Acsenda School of Management or GEA s public university partners Career Diploma Sprott Shaw College or GEA s public career college partners GEA recruits Kindergarten to Grade 12 students Youth Bridging Program Kindergarten to Grade 12 GEA s elite junior school or high school partners 15
Global Career Center Life Time Job Placement for Free Call center located in the Philippines dedicated to calling employers every day to seek jobs for graduates Employs experienced HR professionals in the Philippines who attain the best jobs for graduates Provides a complete HR service for students including: setting up interview with employer and students, training students on best interview practices, and follow up advice Online application system for students to submit job applications and employers to submit job postings Since October 2010, GCC has posted over 10,000 jobs onto its database and has directly connected over 1,000 successful hires through its system The GCC has found jobs for graduates from across the world including Canada, China, and the Middle East 16
Global Learning Network Studio to Interactive Classrooms 17
GLN Desktop Studio to Classrooms and Desktop PC / ipad 18
Global Expansion by Technology Global Learning Network ( GLN ) Features Video Conferencing Studio Live Interaction Western Instructors Recorded Lectures Western Curriculum GLN In-Class Tutor 19
Multi-Pronged Growth Strategy Acquisition Attract International Students to Study in Canada and US Export of Sprott Shaw, KGIC & CIBT Programs to Asia License Exclusive Partners for Emerging Countries Global Education Alliance Global Learning Network 21
Enhanced Business Models Revenue Growth Global Market: infinite market size International divisions of KGIC and Sprott Shaw College: double-digit growth year over year Overseas Career Preparation Program (OCPP): expands the market potential further Margin Growth GEA: high-margin business model with recurring Income year over year KGIC Franchises: steady net revenue streams Youth Bridging Programs: high margin business in a less competitive market that leads to GEA businesses Market Share Growth Acquisitions of similar schools to expand curriculum, student base, streamline operations, and reach critical mass 21
Summary Substantial market size for western education in Asia and the Middle East Emerging market growth without emerging market risk 20 years of international experience + 110 years of domestic experience Five years of exponential growth from $5M to $55M Two years of re-organization efforts resulting in substantially lower operating cost Enhanced business models with high margin and proven results Yielded $18M Current Assets and less than $1.5M of declining long term debt Ready to move forward, move upward 22
Industry Awards and Recognitions Best Practice in Automotive Education report commissioned by IFC, World Bank, Washington, DC China s Most Influential Sino MBA Program 2004 & 2007 Executive Weekly Magazine Top 2 Best International Preparation College in China 2008 Sohu.com Top 5 Sino-Foreign Colleges in China 2008 - edu.qq.com Canada s Fastest Growing Companies Profit Magazine Top 100 Public Companies in BC Business in Vancouver Newspaper Canadian Success Story, Leading the way to Asia Asia Pacific Foundation, Canada 23
Contact Global Headquarters: 12F, 777 West Broadway Vancouver, B.C, Canada V5Z-4J7 P: 604.871.9909 F: 604.871.9919 E: info@cibt.net URL: www.cibt.net 24