Netcapital : Investor Fact Sheet

	FACT SHEET
	JANUARY 2023
	Nasdaq: NCPL
A Digital Private Capital Markets Ecosystem	netcapitalinc.com

Fintech company Netcapital Inc. (Nasdaq: NCPL) is a digital private capital markets ecosystem dedicated to empowering entrepreneurs to succeed. The company hosts an SEC-registered funding portal that enables private companies to raise capital online, while investors are able to invest from almost anywhere in the world, at any time, with just a few clicks. Companies can accept investment from virtually anyone, including friends, family, customers, and employees.

Netcapital's management consulting group, Netcapital Advisors, helps companies at all stages to raise capital. Netcapital Advisors provides strategic advice, technology consulting and online marketing services to assist with fundraising campaigns on the Netcapital platform. It also acts as an incubator and accelerator, taking equity stakes in select disruptive start-ups.

1. Empowers private companies to raise capital online
2. Provides both accredited and non-accredited investors with access to new investment opportunities in private companies
3. Markets private capital raises
4. Incubates and takes equity positions in select, early-stage companies with disruptive technologies

Key Metrics
Users	>100K
Deals funded	200
$ raised through
platform	>$50M

Recent Highlights

• Jan 4, 2023 - Martin Kay named CEO of Netcapital Inc.
• Dec 13-16, 2022 - Announced public offering of common stock, pricing, and closing
• Dec 12, 2022 - Announced revenue growth of 71% for first half of fiscal 2023
• Dec 9, 2022 - Appointed Arnie Scott to Board of Directors
• Oct 27, 2022 - Netcapital Funding Portal CEO participates as panelist and award nominee for Equity Crowdfunding Week conference

Investment Highlights

Significant opportunity to disrupt private capital markets

• Private capital markets reached $7.4 trillion at year-end 2020, $13 trillion expected over the next five years*
• Within this market, private equity represents the largest share, with assets of +$3 trillion and a 10-year CAGR of 10%
• $42 trillion held in retail investment accounts representing a large pool of potential account holders** Multiple industry tailwinds driving growth in digital capital markets
• Pandemic accelerating push to bring processes online
• Regulatory changes increasing digital funding opportunities
• Private equity outperformance drives growing investor demand for private investments

Robust business model of fee income (Netcapital Funding Portal) plus equity stakes (Netcapital Advisors). Management team comprised of experienced institutional investors, angel investors and entrepreneurs.

• Morgan Stanley **Boston Consulting Group

Market Opportunity

Select Equity Stakes

Case Study-MAGFAST

MAGFAST, a wireless charger company, launched an equity offering on netcapital.com in November of 2020.

• Goal raise: $1.07 million
• Sold out entire offering in one day
• Almost 1,000 investors successfully invested through the platform in a 24-hour period
• Raised approximately $2 million in 2 hours in November 2021 follow-on offering

Management Team

MARTIN KAY	COREEN KRAYSLER, CFA	JASON FRISHMAN
CEO	CFO	Founder
MA, Oxford; MBA, Stanford	SM, MIT Sloan	BS, Summa Cum Laude, University of
Accenture, IBM, Bain & Company,	Former Morningstar 5-star rated	Miami
venture investor, CEO and CRO	portfolio manager	Advisor, The Capital Network

Market Snapshot

Share Price	52-Wk. Range	Avg. Vol.	Shares O/S	Market Cap
$1.43 (1/3/23)	$1.15- $12.25	690K	5.8M	$8.4M

Netcapital Inc.|1 Lincoln Street - Boston, MA 02111|netcapitalinc.com

Investor Relations Contact: 800-460-0815 | [e-mail]

Price and volume quotes from Yahoo! Finance

Forward-Looking Statements:This fact sheet contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Netcapital Inc.'s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Netcapital Inc.'s actual results to differ materially from those described in the forward-looking statements can be found in Netcapital Inc.'s Annual Report on Form 10-K for the year ended April 30, 2022 which have been filed with the Securities and Exchange Commission and are available on netcapitalinc.com and on sec.gov. Netcapital Inc. does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.