PRESS RELEASE

Feb 5, 2021

Global Mobility Service selected as a representative casein Asian Development Bank report-Demonstrates effectiveness of fintech services in solving social issueshttps://www.global-mobility-service.com/en/
Global Mobility Service Inc. (Headquarters: Minato-ku, Tokyo; President/CEO: Tokushi Nakashima;
hereinafter “GMS”), a fintech startup which provides IoT-based fintech services for financial inclusion
to the world's 1.7 billion poor and low-income people who cannot afford to own a car, announced thatits efforts have been featured in a report published by the Asian Development Bank (Headquarters:Manila, Philippines; President: Masatsugu Asakawa; hereinafter “ADB”), titled “Asia Small and MediumSized Enterprise Monitor*1 2020 – Volume III: Thematic Chapter – Fintech Loans to Tricycle Drivers inthe Philippines” (https://www.adb.org/sites/default/files/publication/652501/asia-sme-monitor-2020fintech-loans-philippines.pdf).
*1 ”Asia Small and Medium-Sized Enterprise Monitor” is a research report that provides data and analysis on thedevelopment of micro, small, and medium-sized enterprises (MSMEs) in Asia and the Pacific, and is a key resourcefor policy makers working on MSME development.

The study identified that fintech services help tricycle drivers improve their living standards and socialwelfare as well as support the development of country’s local economies. It also emphasized theimportance of fintech services for self-employed people (drivers) in surviving the post-COVID-19 or “newnormal.” The report discussed the case of GMS's fintech services for financial inclusion, which haveenabled the company to solve social issues left behind in the analog era through digital transformationand provide finance to poor and low-income people who had so far no access to financial services.
＜ADB Report Summary＞
・Through fintech, financial institutions will be able to provide finance to poor and low-income
people who had so far no access to financial services.
・Fintech illustrated by GMS's self-developed technology enables financial institutions to monitor
vehicles accurately and ensure that loan and lease payments are made on time.
・The IoT based fintech service can track work behavior on self-employed people (drivers) and has
a potential to build further credit scores and bring a better life for drivers.
A seminar on this report will be held by ADB. Please refer to the following for details:■Date: Friday, 12 February 2021, 11:30-13:00 (Japan time)■Venue：Online webinar via Zoom
■Language：English (with simultaneous interpretation in Japanese)■Registration : Please apply from the following URL
https://adb-org.zoom.us/webinar/register/WN_lTRgWiBaSNWAJSBfiTXo8w
With the widening disparities caused by COVID-19, there is a growing need for GMS's services. GMS,
together with its partner companies, financial institutions, and finance companies, will continue toprovide services that enable people who are willing to work hard to improve their lives through finance.
GMS will continue to promote truly sustainable business in Japan and in countries part of ASEAN by＜Inquiry Recipient＞
Global Mobility Service Inc. Okubo & Ohara
TEL：03-6264-3113／FAX：03-6264-3322／E-mail：press@global-mobility-service.com

creating economic rationality while solving social issues such as poverty, considered to be one of themost important issues of the United Nations’ Sustainable Development Goals (SDGs). To find out more
about GMS' initiatives, please see this video (https://youtu.be/P8TYhyZQuP0).
Please look forward to the future efforts of GMS.

*Content of this press release, matters related to capital, services, contact information, and other information is based on information at thetime of the press release. Changes may be made without notice.

■About Global Mobility Service Inc.
With our vision "We create a system in which all hard workers are recognized", GMS is a fintech
startup working for financial inclusion by creating credit for the 1.7 billion poor and low-income people
in the world. By analyzing vehicle data (driving status, speed, etc.) collected by the MCCS, an IoT
device equipped with technology to remotely control vehicles, and financial data (payment status, etc.)
obtained in conjunction with financial institutions, we visualize the creditworthiness of drivers andcreate opportunities to utilize financial services such as loans and leases for those who are unable toqualify for conventional credit screening. As of October 2020, we have raised a cumulative total of 5.6
billion yen in recognition of our business model of addressing social issues by creating job
opportunities for poor and low-income people in Japan and in ASEAN countries (Philippines,Cambodia, and Indonesia). We will continue to contribute to the international community towards therealization of a prosperous society through a business model that creates economic rationality insolving problems such as poverty.
Company Name
Global Mobility Service Inc.
Representative
Tokushi Nakashima (President / CEO)4F Sumitomo Shiba Daimon Bldg.Ⅱ, 1-12-16 Shibadaimon, Minato-ku,Head Office
Tokyo, 105-0012, Japan
Provision of Mobility Service Platform
BusinessUtilization service of big data accumulated on the cloud server
Date of Establishment
Nov 25, 2013

＜Inquiry Recipient＞
Global Mobility Service Inc. Okubo & Ohara
TEL：03-6264-3113／FAX：03-6264-3322／E-mail：press@global-mobility-service.com