Disclaimer IPO Presentation,. Presentation...,,,,, E.,,., Presentation,., Representative...

DEXTER STUDIOS INVESTOR RELATIONS 2015

Disclaimer IPO Presentation,. Presentation...,,,,, E.,,., Presentation,., Representative...

Contents Prologue 01 VFX 02 China 03 Investment Highlights 04 Growth Engine Appendix 01. Dexter Overview 01., VFX 01. 01. Track Record 01. R&D Road Map 01. IPO Information 02. No.1 VFX 02. VFX Workflow 02. No.1 02. 02. 02. 03. VFX 03., 03. Vision 2020 03. 03. 04. 04. 04. Network 05. 06.

01 Dexter Overview 2020! VFX Software, R&D AA, A 4

02 No.1 VFX,. VFX., Visual Effects, VFX 2011 12 29 78 252 15 11 www.dexterstudios.com 42.5 5

01 VFX 01., VFX 02. VFX Workflow 03. VFX DEXTER STUDIOS Investor Relations 2015

01, VFX VFX Visual Effects, Trick, CGI Computer Generated Imagery CGI = VFX ex. SF, ex.,,, Past Now 7

02 VFX Workflow VFX System 1 Development 2 Pre-Production 3 Production 4 Post-Production Story & Concept Develop Key Visual VFX Data Wrangling R&D Pre-Visual Motion Capture Asset Data Tech-Visual Post-Visual Shot CG 8

03 VFX VFX, 1 Avatar 2009 2,788 2 Titanic 1997 2,187 3 Jurassic World 2015 1,666 4 The Avengers 2012 1,520 5 Furious 7 2015 1,515 6 Avengers Age of Ultron 2015 1,405 7 Harry Potter and the Deathly Hallows Part 2 2011 1,342 8 Frozen 2013 1,277 9 Iron Man 3 2013 1,215 10 Minions 2015 1,157 1 09.12.17 124,897,072,500 13,302,637 90% VFX VFX 5 2 15.04.23 88,582,586,366 10,494,499 3 14.01.16 82,461,504,400 10,296,101 4 14.11.06 82,324,642,200 10,278,891 5 3 13.04.25 70,806,191,000 9,001,309 6 3 11.06.29 74,842,906,588 7,785,189 7 11.12.15 57,302,548,500 7,508,976 VFX VFX 50% VFX Box Office Mojo Worldwide Grosses, All Time Box Office www.kobiz.or.kr 9

02 China DEXTERSTUDIO Investor Relations 2015 01. 02. No.1 03. 04. Network

01 Megatrend CAGR 13% 204 09 ~ 17 E 168 133 One Source Multi-Use 104 Big Killer Contents 77 PwC 2014 09 11 13 15 E 17 E 11

02 No.1 No.1 14,, 1,104 1,142 1,172 29,800 10.4 24,317 4.8 893 18,398 2.0 1.8 1.7 1.7 1.6 1.3 1.2 1.0 800 13,118 2014 VS 6,256 2,000 9,286 2,800 3,680 4,583 5,813 7,100 14 10 11 12 13 14 15 12 10.4 10 8 6 4 4.8 14 16.2, 24,317, 2 0 10 11 12 13 14 15 E 16 E 17 E, EntGroup, 2014 2014~2015, www.kobiz.or.kr, IHS 12

03 VFX DEXTER 1 USD 2 2012 2 13.09.28 1,655,480 1,956 2013 14.01.31 1,766,773 2,087 14.12.23 3,067,534 3,624 2014 2016 E 2,456,881 2,903 MPN Kungfu Robot 2017 E 10,000,000 11,815 2016 E 4,500,000 5,317 2015 15.09.30 2,385,010 2,818 1 2 15.09.30 USD, 2016 E 1,882,290 2,224 2016 E 2,016,252 2,382 2016 E 1,575,540 1,862 2 2016 E 2,716,748 3,210 34,022,508 40,198 4,265 13,574 72% 18,665 18,775 54% 64% 15% 12 13 14 15.3Q NO 1 / 243,842 15.07.16 2 161,241 15.09.25 3 Mr. / 144,028 15.09.30 4 126,799 12.12.12 5 / 124,699 13.02.10 6 / 116,958 14.09.30 7 / 115,950 15.07.17 8 / 104,506 14.01.31 9 2 / 97,445 15.02.19 10 / 95,594 15.07.10 11 / 88,116 14.12.23 12 / 88,113 12.12.20 13 / 74,384 15.02.19 14 / 71,918 13.04.26 15 71,349 13.12.19 16 2 / 70,207 12.06.28 17 69,658 14.01.31 18 / 68,233 15.09.30 19 / 66,512 15.06.27 20 65,015 10.07.22 23 2 / 60,078 13.09.28 VFX www.cbooo.cn/alltimedomestic 15.11.24 13

04 Network Outsourcing 1 - - 550 10-9 VC 3 30 IT / 14

03 Investment Highlights 01. Track Record 02. 03., 04. 05. 06. DEXTER STUDIOS Investor Relations 2015

01 Track Record Track Record, 30 46 29 46 17 30! 2003 2006 2009 2013 2 2013 2014 2014 2014 2015 16

02, VFX R&D KB KM VFX,, 2 S/W / VFX / R&D,, 100 VFX 1 VFX ZENN, Zephyrus 1,000 VFX Pipe Line, PMS (Project Management System) 1,000 180 S/W In-House Tool 17

03, Top-tier, Hollywood 18

03 PMS Project Management System, Dashboard History Review Feedback Note Asset Shot Sequence,, Feedback Topics 19

04 Hollywood, High Quality Hollywood VFX No.1 VFX Technology VFX 3x Hollywood Stable VFX Partnership Low Quality Low Price Price High Price 20

05, 15.3Q Project 1 Direct Marketing 14-02-06 2,903 MPN Kungfu Robot 14-11-21 11,815 14-11-24 17,000 15-05-18 2,224 Off-line Marketing On-line Marketing 15-06-10 2,382 15-06-26 1,862 2 15-06-28 3,210 15-06-29 700 15-09-14 1,800 SIGGRAPH 2015 YOUTUBE, VIMEO, YOUKU 1 2015 3 1, 15.09.30 21

06 &, % CAGR 109% 9.5 8.3 27.1 16.8 15.6 16.0 12 ~ 14 18,665 18,756 13,574 5,049-32.8 3,140 2,919 2,994-45.8 1,286 1,120 4,265 12 13 14 15.3Q 1,398 1,953 12 13 14 15.3Q K-IFRS 2014 K-GAAP, 2012, 2013 2014 K-IFRS 22

04 Growth Engine 01. R&D Road Map 02. 03. Vision 2020 DEXTER STUDIOS Investor Relations 2015

01 R&D Road Map Asset R&D 2016 2017 2018 ZENN,, Feather Comb Zephyrus Digital Human, 24

02 사업 영역 확대 축적된 노하우와 라이브러리를 바탕으로 다양한 시장에 진출 Virtual Reality Movie VFX Advertise Character Education Game 25

03 Vision 2020 2020! VFX 2015 2020 2D, 3D VFX, One Stop System 26

DEXTER STUDIOS Investor Relations 2015 Appendix 01. IPO Information 02. 03. 04.

01 IPO Information 500 2,141,664 100% 2 3,681,960-34.39% 1 70% 20% 10% 2,330,760-21.77% 1 1,070,765 900,000 1,077,120 18.46% 1 11,000 ~ 14,000 236 ~ 300 1,059 ~ 1,348 2015 12 08 ~ 09 2015 12 14 ~ 15 2015 12 16 2015 12 22 NH 84,180-0.79% ~ 16.09.25 1) 64,250-0.60% 3 427,710-3.99% - 1,927,498-18.00% - 214,166-2.00% 1 9,630,524 1,077,120 100.00% 6,015,321 1,077,120 1 2 1,077,120,, 1 28

02 2014 ~ 2011 ~ 2013 2014 2011 12 2012 11 2013 09 12 R&D 03 04 12 2015 04 07 08 1,000 1,000 Dexter Creative Center Someone, Kungfu Robot 09 DI THE EYE 12 KOSDAQ 29

03 DigiPro 2013 34 33 / 19 8 AFA 12 35 52 Building Efficient Fur Pipeline for a Low Cost Production of Creature-based Feature Film 30

04 2012 2013 2014 15.3Q 1,128 8,945 14,049 39,922 3,839 4,395 4,388 8,551 4,967 13,340 18,437 48,473 4,256 4,434 5,132 6,400 1,123 8,553 9,618 24 5,379 12,987 14,750 6,424 682 682 682 4,251 304 304 445 32,380 1,399 633 2,424 5,348 137 70 413 354 3,687 42,049 2012 2013 2014 15.3Q 4,265 13,574 18,665 18,756 5,238 11,402 11,515 12,001 972 2,172 7,151 6,755 980 886 2,101 3,836 1,953 1,286 5,049 2,919-742 517 738 2 5 500 223 5 33 72 641 27 493 1,605 521 1,977 1,564 3,533 3,555 579 444 394 560 1,398 1,120 3,140 2,994 1,398 1,120 3,056 2,925 2014 K-GAAP, 2012, 2013 2014 K-IFRS 31

78 I www.dexterstudios.com