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The Markets, Ideal for Ascot Group’s Technology & Investment/Savings Products

1. China: Set to remain the world’s fastest growing middle class for the next decade during
which the median disposable income in China is anticipated to grow by 89%

2. India: Robust income gains and expansion- featuring a young technologically savvy source of
millennials - By 2030, the number of middle class households in India will exceed 90 million

3. Indonesia: The middle class remains small when measured by spending power, but is large in
numbers. According to the World Bank estimates, there are 52m in the Indonesian middle class
– which represents about 20% of the population – accounting for 43% of total household
consumption

4. Nigeria: The 2nd fastest-growing middle class worldwide, and the fastest-growing in Africa.
The fact that Nigeria has the largest population, economy and consumer market in rising Africa
makes the country a prime market to tap into Africa’s imminent boom in consumer spending

5. The Philippines: On the back of stable economic growth and improved distribution of income,
the number of middle class households in the Philippines is set to grow by 41.8% between
2015 and 2030 to reach 8.4 million by 2030

Other Target Markets

Brazil Middle East Mexico Columbia

Japan Ecuador Taiwan Vietnam

Korea South Africa Bangladesh Turkey