Novin Investment Bank Group Leading Investment Bank in Iran

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1 Novin Group Leading in Iran

2 The Prominent Challenging for Growth

3 Telecommunication Oil & Gas Construction Financial Cement Pharmaceuticals FX Financing Mutual Funds Petrochemicals Insurance Toruism Metals Mining Legal, Marketing & Financial Due Diligence Musharakah & Ijarah Sukuk Novin Salam Sukuk Istisna Sukuk Project & Structured Finance Venture Capital & Private Equity Fund Murabahah Sukuk Certificate of Deposit M&A & Valuation Advisor Asset Manager Energy Brokerage Enterprise Risk Advisor We Provide All Financial Services You May Need to Invest in Iran Listing & Subscription Advisor Underwriter & Market Maker 1

4 Why Leading? The First establsihed in Iran. Launched the First Sukuk (Ijarah, Murabahah, Istisna,...) in Iran. Initiated Private Banking in Iran. Ranked as the Most Active & Mutual Fund by SEO. Differentiated Underwriting and Market making services in respect of Size, Price and Loyalty. Differentiated Valuation and M&A services in respect of Size, Price and Accuracy. Subscribed the First Government Sukuk in the capital market. Subscribed the Biggest Corporate Ijaraha Sukuk till now. Developed the First online M&A platform In Iran. Novin has built and maintained a trusted relationship with its clients over a decade, helping them to grow via Financing, Asset management, Securities Trading, Valuation, Mergers and Acquisitions and Risk management services. Our Clients have distinguished NOVIN IB for: Innovation Loyalty Integrity Focused Expertise 2

5 Who We Are? The Novin, being established in 2008 as the First in Iran and fully authorized by Stock Exchange Organization, is affiliated mainly by Eghtesad Novin Bank, an accredited private commercial bank in Iran. Novin IB is a full financial service provider, with an established network and proven successful experience. It is a leading investment banking firm, specialized in asset management and pioneer in launching Sukuk, sharia compliant bonds, in Iran capital market. Novin IB is also the prominent provider of financing, Valuation and Mergers & Acquisitions services with utilizing a wide range of tailored financial instruments for a diversified network of clients including corporates in different sectors, government and municipalities. E g h t e s a d B e h s h a h r N o v G r o u p Sakhteman Iran Investment Owned Mainly by Ghadir Investment i n b a n k Full Financial Coverage via investments in Novin Investment Bank Brokerage Novin Investment Bank Advisory Rayan Hamafza (IT Platform) 3

6 Our Services & Performance Investment Advisory Macro Sector Micro-company Fixed Income securities Strategy Brokerage Among Top 5 brokerage firms & 150,000 clients Shares Fixed Income securities Mutual Funds Derivatives Commodities Asset Management Managing 200,000 Billion Rials for 120,000 Investors and HNWIs Mutual Fund Private Banking Discretionary Portfolio Management Corporate Finance 500,000 Billion Rials for Corporate, Goverment & Municipalities Net Revenue Public Offerings, Equity & Debt Project & Structured Finance Venture Capital & Private Equity Valuation, Mergers & Acquisitions Risk Management Million USD Covering 20% of investment funds custodianship Billion IRR 4

7 Board of Directors Chief Executive Officer Dr. Ahmad Badri Chief Advisor to CBI Board Member Mr. Alireza Bolgouri CEO of EN Bank Board Chairman Dr. Mansour Kanani Deputy of Ghadir Investment Board Vice President Farhad ArabLou Board Vice President at EN Bank Board Member Mr. Seyed Afazal Mousavi Former Parliment Member Board Member Vali Nadi Ghomi Dr. Nadi has a PhD in Accounting and is a visiting professor of accounting and finance. He is the current CEO of Novin and has been in the boards and executive committees of several companies in mining and financial sector. 5

8 Our References Corporate Finance-DCM Mining 2015 Transportation 2011 Machineries 2011, 2012, 2014 Telecommunication 2015 Mining 2013 Tose e MellI MInIng and IndusTRIes CoMpany Mahan air BuTane TeleCoMMunICaTIon CoMpany of IRan, TCI MIdhCo Two iron ore concentrate and pellet plants Airbus 300B4 605R Developement Plants & CKDs for Production Refinance of TCI Building 4 Mine Projects IRR 1,629 bin IRR 290 bin IRR 1,431 bin IRR 4,500 bin IRR 630 bin First Istisna Sukuk in Iran 23% 3 Years First Ijarah Sukuk in Iran First Murabahah Sukuk in Iran Ijarah & Musharakah Sukuk The Biggest Corporate Ijarah Sukuk till now 21% 4 Years Musharakah Sukuk Lead Market Maker سرمایهگذاریگروهتوسعهملی سهامیعام BANK SADERAT IRAN Transportation 2012 Food 2014 Petrochemicals 2017 Cement 2015 Oil Bankering 2017, 2015 JoopaR TRaIns glucosan IlaM petrochemical KuRdesTan CeMenT Bana gostar KaRaneh 293 Wagons Tons Corn Financial Restructure New Production Line Oil Purchase IRR 415 bin IRR 200 bin IRR 1,000 bin IRR 332 bin IRR 1,000 bin Ijarah Sukuk Murabahah Sukuk Salam Sukuk Musharakah Sukuk Murabahah Sukuk 19%- 22% 4 Years 16%-21% 2 Years Melal Credit Institution tourism bank 6

9 Our References Corporate Finance-ECM Energy 2011 Banking 2010 Insurance 2015 Banking 2013 Banking 2012 energy exchange day BanK TeJaRaT InsuRanCe Melal CRedIT InsTITuTIon TouRIsM BanK Initial Public Offering Initial Public Offering Initial Public Offering Secondary Offering Initial Public Offering IRR 200 bin IRR 2,000 bin IRR 500 bin IRR 1,500 bin IRR 300 bin Lead Underwriter Lead Underwriter Lead Underwriter Underwriter Lead Underwriter Banking 2012 Toruism 2009 Banking 2016 Insurance 2016 Insurance 2014 ayandeh BanK IRan CulTuRal heritage and TouRIsM InvesTMenT samen CRedIT InsTITuTIon RaZI InsuanCe novin InsuRanCe Initial Public Offering Initial Public Offering Initial Public Offering Secondary Offering Initial Public Offering IRR 300 bin IRR 200 bin IRR 150 bin IRR 626 bin IRR 400 bin Lead Underwriter Lead Underwriter Underwriter Lead Underwriter Lead Underwriter 7

10 City Bank of IRAN City Bank of IRAN Our References Government & Municipalities Infrastructure 2017 Agriculture 2017 Infrastructure 2017 Health 2017 Health 2017 Islamic Republic of Iran MInIsTRy of finance government TRadIng Corporation of iran(g.t.c) Islamic Republic of Iran MInIsTRy of finance Islamic Republic of Iran MInIsTRy of CoopeRaTIves labour and social WelfaRe Islamic Republic of Iran MInIsTRy of CoopeRaTIves labour and social WelfaRe Debt Refinance Wheat Purchase Debt Refinance Health Insurance Scheme Health Insurance Scheme IRR 5,000 bin IRR 10,000 bin IRR 40,000 bin IRR 20,000 bin IRR 10,000 bin Government First Ijarah Sukuk Government First Murabaha Sukuk Ijarah Sukuk Murabaha Sukuk Murabaha Sukuk 18% 4 Years Subscription & listing Advisor (25%) (12.5%) (15%) (15%) Infrastructure 2013 Infrastructure 2011, 2012,2013 Energy 2012, 2013 Infrastructure 2010 Energy 2012 Islamic Republic of Iran MInIsTRy of CIvIl shiraz MunICIpalITy Water & WasteWater Co. QaZIvIn MunICIpalITy IRan WaTeR & power resources Development Co. Infrastructure Projects Municipality Infrastructure Projects Water Infrastructure Projects Municipality Infrastructure Projects Water Infrastructure Projects IRR 1,200 bin IRR 5,550 bin IRR 9,950 bin IRR 1,000 bin IRR 2,000 bin Musharakah Sukuk Musharakah Sukuk Musharakah Sukuk Musharakah Sukuk Musharakah Sukuk Lead Lead Underwriter Manager BANK SADERAT IRAN 8

11 Our References M&A and Valuations Petrochemical 2014 Metals 2017 Telecommunication 2015 Petrochemical 2016 Tire 2016 Persian Gulf Petrochemical industries co. iran Zinc mines development telecommunication company of iran, tci iran chemical industries investment co. BareZ industrial GrouP Valuation Valuation & Due Diligence Valuation & Due Diligence Valuation & Due Diligence Food 2017 Banking 2017 Animal husbandry 2016 Hotel 2017 Tile 2018 بانک ملت Behshahr industrial development corp Bank mellat t.n.co esfahan Persian kowsar international hotel sina tile Valuation & Due Diligence Valuation & Due Diligence Valuation Valuation Valuation & Due Diligence 9

12 Investment Funds Mutual Fund 2010 Mutual Fund 2009 Mutual Fund 2011 Exchange-Traded Fund 2014 Market Making 2014 among top 5 investment Funds FirSt etf in tse FirSt market making Fund in iran atie novin mutual Fund yekom iranian mutual Fund nahal Sarmaye iranian mutual Fund Sepehr andishe novin mutual Fund novin pishro market making Fund irr 100,000 bin irr 30,000 bin irr 3,000 bin irr 1,000 bin irr 500 bin Fixed Income Securities and Fixed Income Securities and Fixed Income Securities, Fixed Income Securities, Fixed Income Securities, Sarmaye Bank Market Maker: Sepehr Mutual Fund 2011 Mutual Fund 2010 Mutual Fund 2014 Mutual Fund 2011 Managing more than 200,000 Billion Rials for more than 120,000 Investors and HNWIs armaghan iranian mutual Fund irr 1,000 bin Faraz andish novin irr 2,000 bin miad iranian mutual Fund irr 100 bin novin paydar mutual Fund irr 50 bin Fixed Income Securities, Fixed Income Securities, Fixed Income Securities, Fixed Income Securities, Novin Investment Bank Brokerage 10

13 The Most Trusted In Iran for High Net Worth Individuals (HNWIs) with managing more than 50,000 billion rials 11

14 Investment Regulations FDI (Strategic Investment) FPI (Non-Strategic Investment) Equity Listed & not listed companies Private companies & projects Start Ups & Venture capital Listed Securities & Commodities Equities Fixed Income securities Derivatives Commodities Fixed Income securities All kinds of Sharia compliant securities, SUKUK Treasury notes Contractual arrangements Buy back arrangements Civil partnership BOT & PPP schemes Mutual Funds in Shares Fixed income securities Index & commodities Equity Listed Companies In the Exchange or OTC Protective legislations - Being protected by Foreign Investment Promotion and Protection Act (FIPPA), covering all types of Equity investments and Financing - Facilities of Center for foreign investment service - Bilateral Investment Treaties - Double Taxation Treaties Procedures 1. Due diligence and investment appraisal by a local authorized investment bank 2. Submission of application to the OIETAI 3. Review of the application by the Foreign Investment Board 4. Communication of the Draft License to the Foreign Investor 5. Issuance of the Investment License Protective legislations - The number of shares owned by the total foreign investors shall not exceed 20% of the total shares number of the companies listed on the exchange or on the OTC market or 20% of the shares number of any company listed on exchanges. - The number of shares owned by each foreign investor in any company listed on the exchange or on the OTC market shall not exceed 10% of the shares number of such company. Procedures 1. Submission of required forms and applications to the SEO via a local authorized investment bank or a brokerage. 2. Reviewing the documents by SEO 3. Issuing the trading license 4. Execute order 5. Cash settlement 12

15 Our Objectives Help our clients to finance and manage their assets as well as their risks in order to accelerate their growth on strategic basis Create a universal ability to meet our clients needs Maintain the highest international standards of corporate governance and compliance Establish a disciplined risk management culture Develop a cross-cultural meritocratic management structure Optimize staff development through a strategic business driven training structure Contribute to the social advancement along our social responsibilities 13

16 We Provide All Financial Services You May Need to Grow Head Office: No. 23 Golazin St., Africa Ave., Tehran- IRAN Phone: Fax: Postal Code: Brokerage: Tel: Fax: Investment Advisory: Tel: Fax:

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