Already improving the health and fitness of. more than 122,000 people in nine countries.

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1 Already improving the health and fitness of more than 122,000 people in nine countries.

2 Pixformance is reinventing the physical training experience with the first technology solution to motivate and actively guide users through optimal personal workouts that evolve as they improve. We are creating the best technology that leads people to optimal fitness and health.

3 Pixformance Products

4 Pixformance Products SMART TRAINER Contains over 100 different exercises, which can be combined with 8 different training accessories. Features videos of professional personal trainers who demonstrate each exercise. Teaches correct exercise execution by analyzing movement and providing instant feedback. Displays performance summary at the end of each exercise. Offers the selection of three difficulty levels and two interface layouts.

5 Pixformance Products ONLINE PLATFORM For end users Create or adjust individual workouts, each with different exercises, speed, weights, and repetitions. Tracks body, health and fitness data. Helps to understand training patterns and coherences. Provides detailed information about each exercise muscles targeted, steps on how to execute, and health limitations. For fitness facilities Optimize how you manage users with indepth analytics. Create club certified workouts for your users. View real-time statistics on your users performance and progress.

6 Pixformance Products SCALE CONNECTION Offers an easy way to measure body data including weight, body fat percentage, muscle and water mass. Tracks body data history that automatically syncs to each users online profile.

7 PIXFORMANCE SUCCESS STORIES

8 Introduction Statistics show more and more single and multi-club operators charge higher monthly membership prices than regular fitness chains and they also focus on an older target group that requires more assistance (the fastest growing segment of EU demographics). Single and multi-club operators also spend more effort to attract members. Chains Single & Multi-Club Operators Average age 40,2 years 43,1 years No. of businesses 7,2% -1,3% Members 15,4% -3% Revenue -4,3% 8,2% This is where Pixformance presents a unique business model that helps entrepreneurs reach their individual goals. Pixformance pairs innovative equipment with tailored and proven marketing activities to drive great results. 1: Fitness-Wirtschaft 2016 Deloitte; comparison of club figures 2015 vs. 2016

9 Success Story: Mrs.Sporty

10 Mrs.Sporty Mrs.Sporty was introduced in 2005 as an efficient and effective training concept using hydraulic machines and offering a high amount of assistance to its members In 2016 Mrs.Sporty decided to shift to a full Pixformance concept, which is currently installed in 255 Mrs.Sporty Clubs across Europe Between 4-8 Pixformance Smart Trainers are arranged in a circuit (with in between stations) Users rotate from station to station after each exercise creating a dynamic group atmosphere, while training with totally individualized workouts Users perform regular check-ups with their trainer using the Pixformance online platform to adjust workouts. During the check-ups the scale connection is used to track health and body data and directly sync it to the users online profile

11 Mrs.Sporty The shift to the Pixformance circuit helped Mrs.Sporty strongly increase their membership satisfaction. Mrs.Sporty measured the effect of Pixformance by looking at their Net Promoter Score over time. The motivation of members to refer the product to others 58% NPS 72% In terms of willingness to recommend the clubs, Mrs.Sporty members increased from 58% to 72%! +14% increase in the member referral rate The Pixformance Smart Trainers not only provide a fully unique and individualized training, but your personal trainers are also able to focus more on social interactions with members, entertainment and helping new users, which in return improves member satisfaction. Hydraulic Concept Full Pixformance Concept Question: What is is the probability that you would refer Mrs.Sporty to a friend? Basis: Hydraulic Concept n=2.017 persons); Full Pixformance Concept n = 151 On the following pages the benefits are further demonstrated by exemplary club revenues and figures.

12 Mrs.Sporty Average Revenue per Month of the First Upgraded Club % revenue increase in 1 year from introduction of full Pixformance Figures of Club 210 which was the first to open with the full Pixformance concept Revenue increase due to full Pixformance concept

13 Mrs.Sporty Average Number of Members for the First Upgraded Club +16% increase in members over 6 months from introduction of full Pixformance Introduction of Full Pixformance 400 Sept-13 Dec-13 Mar-14 Jun-14 Sept-14 Dec-14 Mar-15 Jun-15 Sept-15 Dec-15 Mar-16 Jun-16 Figures of Club 210 which was the first to open with the full Pixformance concept

14 Mrs.Sporty Monthly Revenue Increased After Introducing Pixformance % +22% Introduction Monat -3 1st Monat month -2 2nd Monat month -1 3rd Monat month 0 4th Monat month 1 5th Monat month 2 month 2015 Monat im Vorjahr 2016 Monat nach Upgrade Average club revenues of all Mrs.Sporty clubs during the introduction months of Pixformance in comparison to the same months of the prior year (2015 vs. 2016)

15 Success Story: Essink Sportcentrum

16 Essink Sportcentrum Pixformance was introduced to generate new members by offering an innovative new training tool as well as upselling existing members for retention purposes. The business model foresees an extra charge (10 ) for members using Pixformance. Pricing can be defined individually for each client. Pixformance also supports clients with marketing tools, such as online marketing campaigns and TV commercials*. Marketing campaigns are tailored to fit the target audience. They are dynamic with benefit oriented content to increase lead generation and revenue growth. *: TV commercials will be launched in the near future; when 30 clubs have signed up

17 Essink Sportcentrum Essink Sports Center in Eindhoven introduced Pixformance in June The following business case was created to generate extra revenue using the Pixformance equipment: Calculation Extra net fee for Pixformance: 9,97 Paying members after 1,5 yrs: 317 Total extra revenue/ month: * Members feel that they are finally able to get individualized and truly measurable training and are willing to pay the extra fee. 14% of members have signed up for the Pixformance training. In addition this increases the overall satisfaction of members and raises the retention level of the club. *: Figures are rounded

18 Essink Sportcentrum Since the introduction of Pixformance the use case demonstrates continuous demand amongst existing and new members, which allowed the club to cover the leasing fees within the first two months and to generate steadily increasing revenue for the club. Interestingly enough, the figures show that when the club focuses on Pixformance during its sales activities, the conversion of members increased significantly. A specialized Facebook campaign was launched towards the end of the year, supported by Pixformance. The campaign was sales driven and received more than 30 leads per week. Usually the sign-up rate of new members seasonally decreased towards the end of the year, but the strategically implemented marketing tool helped to keep figures high and even increasing until the end of the year.

19 Essink Sportcentrum Fixed costs covered Monthly Revenue of Essink Generated with Pixformance Memberships Development at the end of 2015 Strong Performance towards the end of 2016 Facebook Campaign ' Revenue development since Essink Sportcentrum introduced Pixformance; Numbers are an export of Pixformance platform

20 LIFE FITNESS PIXFORMANCE PACKAGE

21 Life Fitness Pixformance Package

22 Life Fitness Pixformance Package

23 Life Fitness Pixformance Package

24 Life Fitness Pixformance Package CONTENT 4x Pixformance Smart Trainer 2x Row GX Trainer 2x Activate Cross-Trainer 2x Dumbbell Rack 1-10 KG 2x Medicine Ball Rack 1-5 KG Marketing pack & Campaign * On-site training Lease: 1.191,74 p/m ** (60 months) Software license: 43 per unit p/m * Package details explained on the following page ** Based on the lease rate of Q4 in 2016 and subject to credit approval by DLL

25 Life Fitness Pixformance Package CONTENT Three Pillar System included in the price of the LifeFitness Circuit Package Marketing Conversion Retention Pixformance takes care of sales driven marketing activities to attract new members Marketing activation includes a 2 month Facebook campaign during the initiation phase or a TV campaign * Clubs gets listed in a centralized conversion website where potential members are able to inform themselves about clubs, book appointments for an initial trial training and 2 assisted trainings or directly buy a membership Trainers will be educated on how to upsell existing members to the Pixformance training Trainers will guide new members through their first experience (setup a workout-plan, create individual profile and set goals) and have ongoing training sessions (training progress, feedback, goal achievement, workout adjustments) A Train the Trainer concept by Pixformance is included We shape the value proposition, spread the word and communicate the benefits ( 30 minutes assisted training for members to achieve their goal ) for people of all ages * When 30 clubs start at the same time Each club can present itself including the team and photographs (or if desired on a separate landing page) Pixformance will be promoted inside an existing club Results will prove success of members and feedback will enable improvement of service

26 Life Fitness Pixformance Package B E N E F I T S More Members through streamlined and targeted marketing efforts which leads to higher conversion Finally delivering to members exactly what they want, backed by proven results (Mrs.Sporty and Essink Sportcentrum) and completely individualized trainings Higher member retention for longer periods of time by building a lasting relationship Marketing and sales techniques are no longer a burden Creating additional revenue with almost no additional effort An experienced partner to guide you through every step of the process including trainings and product seminars Workouts are never boring but exciting and new Pixformance will increase revenues, bring more innovation and variety to clubs and quickly generate money!

27 PIXFORMANCE SPORTS GMBH Berlin Office Helmholtzstr. 2-9 GSG Hof / Aufgang H D Berlin T: +49 (0) contact@pixformance.com Life Fitness Benelux Bijdorpplein LB Barendrecht NL: +31(0) BE: +32(0) marketing.benelux@lifefitness.com

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