About ICTF - The ICTF Advantage

1. About ICTF - The ICTF Advantage • An independent,not-for profit,member-led,international association formed in 2010 and governed by an international Board of Directors – comprised of senior international credit and trade finance executives from the U.S. and Europe • ICTF exists and operates for the benefit of its members • ICTF is not a department or a division • Profits are kept in the ICTF member coffer (Profits are not up streamed to a shareholder or parent)

2. The ICTF Advantage About ICTF - The ICTF AdvantageICTF’s Mission is to advance the profession of international credit management by providing unmatched expertise, powerful connections, leading-edge educational programs and resources, and an unparalleled forum for the exchange of information and best practices • Attracts top international talent – 600 members since its launch • ICTF has evolved as the organization of choice for international credit management professionals seeking greater expertise and the best educational and networking resources • Unmatched Expertise • Proven Leadership • Powerful Connections • Leading-Edge Education & Resources

3. ICTF’s Value Proposition and Member Benefits • Best-in-class educational and networking events ICTF Symposiums in the U.S. ICTF Symposiums in EU • Webcasts – live and on-demand • Online Member Discussion (Q&A) Forum • Country Intelligence Column – by Dr. Hans Belcsák • Weekly Country Risk Updates • Monthly Newsletters – global business intelligence • Quarterly Magazine – published in association with CCR World

4. Online Resource Center • White Papers (e.g., International Credit Limits: Levels of Authority) • Benchmarking Surveys – global payment terms and delays • International Credit Reports and Country Reports • ICTF’s Virtual Global Credit Network (powered by Smyyth) • ICTF/Thunderbird Online Courses and professional designations - RGCP and CGCE ranked #1 in international business worldwide

5. ICTF’s 2013 Symposiums – the best in the industry April 14-16, 2013ICTF's International Credit Professionals Symposium in EuropeAmsterdam, The NetherlandsOctober 20-22, 2013ICTF's International Credit Professionals Symposium in EuropeBasel, Switzerland April 14-16, 2013ICTF's Global Credit Professionals SymposiumThe Ritz-Carlton, ChicagoNovember 10-12, 2013ICTF's Annual Global Trade SymposiumThe Ritz-Carlton, Palm Beach, Florida

7. The ICTF/Thunderbird Online Courses Essentials of International Credit and Trade Finance This online course introduces participants to the concepts, processes and mechanics of International Credit and Trade Finance, leading to the ICTF Registered Global Credit Professional (RGCP) designation.Advanced International Credit and Trade Finance Participants learn the advanced concepts of International Credit and Trade Finance, which leads to the ICTF Certified Global Credit Executive (CGCE) designation.

8. The ICTF/Thunderbird Online Courses Essentials of International Credit and Trade FinanceCourse Content Highlights: • Global Trade Concepts and Country Risk Analysis • International Trade Credit and Accounts Receivable Management • International Payment and Shipping Terms • Documentary Collections and Letters of Credit • International Customer Risks and Financial Statement Analysis • Interpreting the Data to Establish Credit Limits and Credit Lines • International Credit Risk Protection Mechanisms and Risk Mitigation Techniques • International Cash Management and Collections  • Case Studies, Assignments, Discussion Board, Test

9. The ICTF/Thunderbird Online Courses Advanced International Credit and Trade FinanceCourse Content Highlights: • Establishing and Managing Global Credit Operations • Advanced International Financial Statement Analysis and Credit Risk Assessment • Advanced Export Credit and Trade Finance Techniques, Export Financing Alternatives, and Working Capital Management • Global Credit Portfolio Analysis and Portfolio Management • Enhancing the Foreign Trade Creditor's Position - Foreign Laws, Security Instruments, Collections • Cross Border Bankruptcies and Comparison of Bankruptcy Systems • Global Credit and Accounts Receivable Process Improvements • Case Studies, Assignments, Discussion Board, Test

10. The ICTF/Thunderbird Online Courses Tuition ICTF Member: $990 per courseICTF Partner Associations: $1,485 per course Non-Member: $1,980 per courseNext Sessions Start: September 9, 2013 (Essentials)September 9, 2013 (Advanced)

11. The ICTF Advantage "The educational content and intellectual capacity contained within ICTF is astounding and surpasses any of the groups I have attended in the past." "If your company is involved with international business, ICTF is a must join organization. ICTF is the superior international group and it stands shoulders above any other organization that may attempt to fill the International business needs.” “The best thing about ICTF is the camaraderie and knowledge-sharing that exists among the members…it has enhanced their performance and developed relationships that will last a long time.”

12. ICTF Annual Membership Fees *INDIVIDUAL MEMBERSHIP is restricted to credit practitioners and is not available to vendors and service providers ***The BUNDLE MEMBERSHIP includes symposium registrations (Spring and Fall)

13. www.ictfworld.org

14. Membership in ICTF has its perks…JOIN TODAY! The # association for international credit management professionals. www.ictfworld.org 1

15. QUESTIONS?