Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 219

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 219
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. ASEAN remains one of the fastest growing
regions in the world with most economies seeing growth of 5% or more per annum and according to estimates by ASEAN, and will become the fourth-largest economy in the world by 2030 after the United States, China, and the European Union.

With approximately 480 million internet users in the region, of which nearly half connect to the internet
primarily through their mobile phones, Southeast Asia boasts one of the most engaged
mobile internet audiences in the world. In addition, with an estimated 150 million people who will be turning 15 years old over the next 15 years, Indonesia
and Vietnam lead the region with an estimated over 40% year-over-year growth in internet economies, while Malaysia, Thailand, Singapore and the Philippines
are growing by an estimated 20-30% annually

In addition, we believe the Southeast Asian region presents market opportunities in
the financial sector given the gap between needs of the populace and the volume of
electronic payment and transfer volumes. We believe that this gap coupled with low
insurance penetration in these markets create significant market opportunities in
these segments. We also believe that there are not many funding sources for middle
and late-stage fundraising in the Southeast Asian consumer internet space, which we believe provides
potential opportunities.

Our Business Strategy

Our business strategy consists of identifying and completing a business combination
with one or more businesses or entities within Frontier Growth Markets, underpinned
by an ESG mandate to create long-term value for our shareholders. We believe our management team and directors’ experience and local contacts are differentiated and will enable us to successfully
identify and execute an initial business combination. We plan to leverage CIM and
our management team and directors’ extensive network of relationships, ranging from senior management teams at public
and private companies and advisors with connections to Frontier Growth Markets, to
assist in the sourcing of potential targets for our initial business combination.

We believe our team’s strong network and differentiated expertise will help us execute on our business
strategy:

Local knowledge and connections:

Our management team has more than 80 years of combined experience investing in Frontier Growth Markets.

At various times some members of our management team have lived and worked in certain
markets we are targeting, which has enabled them to create professional and social
networks. These relationships span the financial, corporate, legal, and political
sectors. We believe their relationships and local knowledge will give our Company
credibility with businesses within Frontier Growth Markets and help aid in thorough