Slide 1: 2015712A8h SSBF Ra RAS
2015712A8h SSBF Ra RAS CMO ADPARTNERS RRMMRiR BO mm I ott, = fe ARTT «TERR
Slide 2: GMO Ad Partners
GEMOAD PARTNERS ABNBWREO CIES ABR, SHOBRRAICHS SRORKEANCLESDTHD, HAD RTS SAMUS ORREHRSTSCCEBNCLEBOTHSEIECA, Kf, BARE2015F1 A4BREOT—FIcBIOWHEMENTHOIET. ABM CHRSNKBAPPASS, BSE MOMAO FM CHO, ZORRO EB, TEHSREELNISHRISEOCHE<K, KEFR, FPRSELICBESENSECCRSGVET, ABMCALTHOKT SHB. SMSANMER, rH RE EOth-MOBFls, S
Slide 3: GMO Ad Partners
GEMOAD PARTNERS @ @mczn @ #30+HReez © s#eoneHeK @ Bim
Slide 4: GEMOAD PARTNERS
GEMOAD PARTNERS @ @4c¢=2"
Slide 5: GMO Ad Partners results summary
SUIS AR AEE GMO ADPARTNERS D-Yryy—SB#xOVA|c kOGES21.0%1S (abet: BD 2014 1-9F BY SFL soli 17,343 + 21.0% BAe 537 A 47.8% EF FRE 533 A 41.9% meiS Fl dh 235 —% BRERRISRA1Y9-4ybhIN-FA GMO
Slide 6: BNRS AFABICNS SMES GMO ADPARTNERS
BNRS AFABICNS SMES GMO ADPARTNERS TLE OIBR, HR AAK Cie 100% (Bi : BAR) RAS 2015 migik 1-98 Le 26,000 20,985 #8. ——s Se Fld 240 280 seria a alt 100% #3 fe Pe Fl it 240 309 = te Flat Brits Fl it fe) A45 midfle — % BRERRISRA1Y9-4ybhIN-FA GMO
Slide 7: RABIN T SES GMO ADPARTNERS
RABIN T SES GMO ADPARTNERS PREFIAMRIAVRLO-OASH87HERARIAS EHRFR = «2015 +H 49 HREGBL ad PEFIZAMEA 102% 87% 85.3% (IYYIP, AYP, BH) RRR 0.0% 50.0% 100.0% BRERRISREA1Y9-ZybKA-IA GMO
Slide 8: Quarterly trend
HB LIE GMO ADPARTNERS DO BAS _b ies bd Bu SE BALL 1 6% 3800 (fi : BAA) ME ZOE mm UAT 4 YI /SEOR LEA mm +—7—-K5LE EET OWRa ELA mem LPR 2011 2012 2013 2014 2015 1Q@ 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 7 BRERRTSRE1Y9-ZYKII-FA GMO
Slide 9: Quarterly profit trend
‘em CBN Ait E(PB)OIUR GNMOADPARTNERS ce be lbA'22.3%, AFB AKLED‘5 1.4% 1,455 (fi : BAA) = Btmasls 9 4% a Btn 2.3% —— eA tM Se eye Lata 2011 2012 2013 2014 2015 1Q@. 2Q 3Q 4Q #%1Q 2Q 3Q 4Q #+%1Q #%2Q #3Q 4Q #%1Q 2 3Q 4Q +#1Q 2Q 3Q 8 BRERRISRA1Y9-4ybhIN-FA GMO
Slide 10: GEMOAD PARTNERS
GEMOAD PARTNERS @ S30+HRERE
Slide 11: P&L
BIBRA PL(# #4) GNMOADPARTNERS se bis21.0%H. RB IS2.7ptns 2014 30st Aer BUSELL (1-9A) (1-9A) (%) ALS 17,343 20,985 +21.0% Lei 12,353 15,893 +28.7% Fi LHF ss 4,989 5,091 +2.0% (35 _L#B FAS) 28.8% 24.3% A4.5pt hee kO—ixeesS 4,452 4,810 +8.1% (AREER) 25.7% 22.9% A27pt Splat 537 280 AA4T7.8% (SF) 3.1% 1.
Slide 12: Operating profit change analysis
AINA BRAM GEMOAD PARTNERS RATHORITRO (Sf: BAF) I-Yryy— BGM ir Om tc k O BRA AM PUBBENS AREA AEROS RUBE Senn SFB 62 SO ae 42 one Zot BUELL sins 47.8% 35 10 2014 -3QRit Belt 11 2015-3085 Se Aldt ARAERRISRATY9-ZYbII-IA GMO
Slide 13: Balance sheet
BS (Bi) GMO ADPARTNERS RHBSEDH 2 SSI, Maer It49.1% Bu om as a naiaez 5,978 7,322 +22.5% (HBAS) 2,071 2,525 +21.9% HERE 3,063 2,683 A12.4% Beat 9,041 10,006 +10.7% ma Ata 3,868 4,931 +27.5% AEA 165 154 A6.7% AfeaEt 4,033 5,085 +26.1% waz 5,008 4,920 A1.8% (SEE RELL) 55.4% 49.1% A6.3pt BRERRISRA1Y9-4y
Slide 14: Cash flow
CF GHEE) GMO ADPARTNERS Beevoyya- JOB, RERVRSASVbenM 20147305 201 A (aR) (on) (ae BRFryyva: 7A— 554 522 RAFryyYa+-7A- A 327 A 345 MB+rpyyva-70— A 343 RERVREA SWORE A110 UIC HS RERVREASYOwM 471 RAERUREASY OWS zis 2,021 RAERUREASY OA 2,383 BRERRISRA1Y9-ZYbAII-FA GMO
Slide 15: GEMOAD PARTNERS
GEMOAD PARTNERS FROMREIB
Slide 16: SROMR BB
SROMR BB ARIE ST-V GNMOAD PARTNERS 201DbFO7—-V RRBE-AE—-KZELWSEOD 2015 ld EME YO IcHEV -TIV-FYFY—ERAMED Lic thil Bez RET Sc OORMBWRA. se2nm cet
Slide 17: SORE BEE STILE GNMOAD PARTNERS
SORE 201 BEE STILE GNMOAD PARTNERS 2015 BASH FISOY—-YVIRKOME ~~ | ana hoe | wis 7 IL—TFS4ti{l
Slide 18: SROMR BB
SROMR BB FI /OY—Y7 KOM GNMOAD PARTNERS GAO EESSETA TIT TES m7ZY 'ADResut7LiyvU—F, ete IvVEPU-F GMOAD MARKETING DSP AS (A—FvA-Dyay) P KAY KO-7D BEOMRER OGL O Mat te FE BRERRISREA1Y9-ZybKA-IA GMO
Slide 19: SROMR BB
SROMR BB FI/OV—Y7 hOME GNMOADPARTNERS FVYEVTLEDSYATITVT KE CMBAWY—-EAZSHE f PRERYKI-F — SSP | REACTS ADResult .....[<]| GMO SSP < GMONIKKO Data Management Platform ad‘load) FP ad(ioue) FN for publishers for networks IKUDYN 7 KY—/\—ASP 7 EY kh I—7HBEASP FEIZIE BRERRISREA1Y9-ZybKA-IA GMO
Slide 20: SROMR BB
SROMR BB PEARY KI-TREBEB GNMOADPARTNERS FRI T7 sR bIC PEL VIBICHAHE (347 : BAA) 1,723 barra +6 7.1% l| | | | | | 2013 2014 2015 BRERRISRA1Y9-4ybhIN-FA GMO
Slide 21: SROMR BB
SROMR BB Y—Y + WASSER GNMOAD PARTNERS iTS bAR UMS ——Alc dk O MMR this cabo ® 2.854 warm +42.6% 2,001 il | ae ors ous pore 201 254Q%1 00 UTHBUE 20 BRERRISRA1Y9-4ybhIN-FA GMO
Slide 22: GEMOAD PARTNERS
GEMOAD PARTNERS Q Sean
Slide 23: BRR
BRR _GMOP EN bF-AIW-F GNMOADPARTNERS 201DS#IS29DORAIXY bh Cte GMOYV Ua—-YaYVIN-—KF— GMO4 /A-9-ZX QL—-Yiryvy—-s f GMO NIKKO OQxT4P > PRT OBE —— GMorky—-7F49 ») JWord GMO/\- JL GMOJAYYzr)bya FPEIDIK ) BRERRTSRE1Y9-ZYKII-FA GMO
Slide 24: RANK UP
92) /— BH Yahoo! 4D RICHIE GMOADPARTNERS 'Yahoo!Y—F7F4YVIVV a YS VERE GMO NIKKO1*492 (Kw KK) CHIE Of \ a a On @@e@e = = \ [GMONIKKO} _—_—_~~~_ RANK UP BRERRISREA1Y9-ZybKA-IA GMO
Slide 25: TS ty ye LBB GMOAD PARTNERS
TS ty ye LBB GMOAD PARTNERS KLY KidsBed, HeBwAlc KOM (3 : BAA) 4,874 3,964 tll | | | | were + 20.0% uy. i uy 24 BRERRISRA1Y9-4ybhIN-FA GMO
Slide 26: Ty ry ME Bela GMOADPARTNERS
Ty ry ME Bela GMOADPARTNERS BAHL Se Pic Biles (Stir : IGF) 1,001 ul | ll 2013 2014 2015 25 BRERRISRA1Y9-ZYbAII-FA GMO
Slide 27: XF4 PRE IBERT—h7 a YUSSPREBiMpIEB GMOAD PARTNERS
XF4 7 PRE IBERT—h7 a YUSSPREBiMpIEB GMOAD PARTNERS PRFAIYTheEMRLECOKRe BES | | | warm + 36.9% waullll of — a 4201 3%1 Q#100¢ ee 26 BRERRISRE TY 9-ZVKIN-TA GMO
Slide 28: BRAUER
BRAUER XT AP > PEF IBRTLAEB GEMOAD PARTNERS me ZHAL, 40D Ske BT 2,126 Hl wicmmt A 0.9% (Sit : BFA) 2013 2014 2015 27 BRERRISRA1Y9-4ybhIN-FA GMO
Slide 29: X54 P PEED BRI LORRI GMOAD PARTNERS
X54 P PEED BRI LORRI GMOAD PARTNERS BROMRICH MMM OMRICED (Bt : BF) 2Q 3Q 4Q 2Q 3Q 4Q 2013 2014 2015 1Q 1Q 1Q | 5 A 10.3% BRERRISRA1Y9-4ybhIN-FA GMO
Slide 30: GMO Ad Partners
GEMOAD PARTNERS AKASHSOBES TIWE LIEW GMOAD PARTNERS