MOL Global, Inc. Securities Litigation
www.MOLGlobalSecuritiesLitigation.com

Frequently Asked Questions

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1. What is this lawsuit about?

This class action is brought on behalf of all persons and entities who purchased or otherwise acquired MOL Global, Inc. (“MOL”) American Depositary Shares (“ADS”) during the period from October 9, 2014 through November 21, 2014, inclusive, and were damaged thereby (the "Settlement Class"). The second Consolidated Class Action Complaint, filed on October 7, 2015 (the “CAC”), alleged that in violation of Sections 11, 12(a)(2), and 15 of the Securities Act of 1933, the Offering Documents materially misrepresented: (i) MOL’s revenue during 2013 and the first half of 2014; (ii) the revenue recognition policies underlying such revenues; and (iii) material weaknesses in MOL’s internal controls. The CAC also alleged that the Offering Documents omitted to disclose MOL’s disappointing financial results for the third quarter of 2014. Defendants deny each and all of the claims and contentions of wrongdoing alleged by Plaintiff in the litigation. Defendants have agreed to the settlement solely to eliminate any burden and expense of continued litigation. Accordingly, the Settlement may not be construed as an admission of any wrongdoing by any of the Defendants.

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2. What is a class action?

A class action is a type of lawsuit in which one or several entities prosecute claims on behalf of all members of a group of similarly-situated persons and entities to obtain monetary or other relief for the benefit of the entire group. Class actions avoid the necessity of each member of a class having to file his, her, or its own separate lawsuit to obtain relief. Class actions are used to decide legal and factual issues that are common to all members of a class.

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3. Why did I receive a Notice?

This Notice was sent to you pursuant to an Order of the Court because you, someone in your family, or an investment account for which you serve as a custodian may have purchased MOL Global, Inc. (“MOL”) American Depositary Shares (“ADS”) during the Class Period. The Court has directed us to send you this Notice because as a potential Class Member, you have a right to know about your options before the Court rules of the proposed Settlement. Additionally, you have the right to understand how a class action lawsuit may generally affect your rights.

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4. Who is considered a Settlement Class Member?

All Persons and Entities who purchased or otherwise acquired MOL Global, Inc. (“MOL”) American Depositary Shares (“ADS”) during the period from October 9, 2014 through November 21, 2014, inclusive (the “Class Period”), and were damaged thereby.

Excluded from the Class are any and all Defendants and their families, the officers and directors and affiliates of the Defendants, at all relevant times, including but not limited to the Individual Defendants and the Underwriter Defendants, members of the Individual Defendants’ immediate families, and any Person, firm, trust, corporation, officer, director, or other individual or entity in which any Defendant has, had, or will have a controlling interest or which is related to or affiliated with, through ownership of a controlling interest or common ownership of a controlling interest; also excluded from the Class are the legal representatives, heirs, administrators, successors-in-interest, or assigns of any such excluded party. Also excluded from the Settlement Class are any Persons who exclude themselves by submitting a request for exclusion in accordance with the requirements set forth in this Notice.

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5. What will I receive from the Settlement?

Pursuant to the Settlement, the Defendants have agreed to pay the sum of $8,500,000 for the benefit of the Settlement Class. If the Settlement is approved by the Court, the Gross Settlement Fund will be distributed to Class members that have submitted a valid Claim Form as set forth in the proposed Plan of Allocation, or such other plan as the Court may approve.

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6. What are the Lead Counsel’s Fees and costs?

At the Settlement Hearing, Lead Counsel will request that the Court award attorneys’ fees of 22.5% of the Gross Settlement Fund plus expenses not to exceed $80,000.

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7. What is the legal effect of the settlement on my rights?

If you are a member of the Settlement Class, the Settlement will affect you. If the Court grants final approval of the Settlement, the Consolidated Action will be dismissed with prejudice and all Settlement Class Members will fully release and discharge the Defendants from all claims for relief arising out of or based on Plaintiff’s allegations. When a person “releases” claims, that means that Person cannot sue the Defendants for any of the claims covered by the release.

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8. How do I participate in the Settlement?

Each Person wishing to participate in the distribution must timely submit a valid Proof of Claim Form establishing membership in the Settlement Class and all required documentation.

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9. What happens if I decide to be excluded from the Settlement?

If you do not wish to be included in the Settlement Class and you do not wish to participate in the Settlement, you may request to be excluded. To do so, you must submit a written request for exclusion that must be signed by you or your authorized representative and postmarked on or before August 26, 2016. You must set forth: (a) the name, address, and telephone number of the Person requesting exclusion; (b) the amount of MOL ADS purchased, acquired and/or sold during the Class Period; (c) prices paid or received for such MOL ADS; (d) the date of each purchase, acquisition or sale transaction; and (e) a statement that the Person wishes to be excluded from the Settlement Class.

The exclusion request should be addressed as follows:

In re MOL Global, Inc. Securities Litigation EXCLUSION REQUEST
Claims Administrator
c/o GCG
PO Box 10294
Dublin, OH 43017-5894

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10. Can I object to the Settlement, Plan of Allocation and/or Fee and Expense Application?

Any Settlement Class Member who does not request exclusion may object to the Settlement, the proposed Plan of Allocation, and/or the Fee and Expense Application. Objections must be in writing. You must file any written objection, together with copies of all other papers and briefs supporting the objection, with the Clerk’s Office at the United States District Court for the Southern District of New York at the address set forth in the Notice on or before August 26, 2016. See Notice for further details on how to submit your objection.

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11. Do I need to attend the Settlement Hearing?

Settlement Class Members do not need to attend the Settlement Hearing. You can participate in the Settlement without attending the Settlement Hearing. If you submit a written objection, you may (but do not have to) attend the hearing and speak to the District Court about your objection. The District Court will consider any submission made in accordance with the provisions of the Notice even if the Settlement Class Member does not attend the hearing. If you wish to be heard orally at the Settlement Hearing and if you file and serve a timely written objection as described above and in accordance with the Notice, you must also file a notice of appearance. See Notice for further details on how to file a notice of appearance.

The District Court may adjourn or continue the Settlement Hearing without further notice to the Settlement Class. If you intend to attend the Settlement Hearing, you should confirm the date and time with Lead Counsel.

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12. What is the Class Period?

The Class Period is defined as October 9, 2014 through November 21, 2014, inclusive.

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13. What are acceptable forms of supporting documentation to substantiate my claim?

Your Claim Form must be accompanied by adequate supporting documentation for the transactions reported therein, in the form of broker confirmation slips, broker account statements, an authorized statement from the broker containing the transactional information found in a broker confirmation slip, or such other documentation as deemed adequate by Lead Counsel.

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14. How do I update my contact information?

If your address changes from the address to which this Notice was directed, you must notify the Claims Administrator of your new address as soon as possible. Failure to keep the Claims Administrator informed of your address may result in the loss of any monetary award you might be eligible to receive. Include your old address, new address, new telephone number, and Claim Identification number. These last two items are required so that the Claims Administrator can verify that the address change is from an actual Class Member. Please send your contact information to the Claims Administrator at the address listed below:

In re MOL Global, Inc. Securities Litigation ADDRESS CHANGE
Claims Administrator
c/o GCG
PO Box 10294
Dublin, OH 43017-5894

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15. Where can I get additional information about the Action?

For precise terms and conditions of the Settlement, you may review the Stipulation filed with the District Court, as well as the other pleadings and records of this litigation, which may be inspected during business hours, at the office of the Clerk of the Court, United States District Court, Southern District of New York, Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, NY 10007, at www.MOLGlobalSecuritiesLitigation.com, or from Lead Counsel’s website, www.kmllp.com. Settlement Class Members without access to the internet may be able to review this document online at locations such as a public library.

If you have any questions about the settlement of the Consolidated Action, you may contact Lead Counsel:

Daniel Hume
Ira M. Press
Meghan J. Summers
KIRBY McINERNEY LLP
825 Third Avenue, 16th Floor
New York, NY 10022
Tel: (212) 371-6600

You may also call or write to the Claims Administrator at In re MOL Global, Inc. Securities Litigation, c/o GCG, PO Box 10294, Dublin, OH 43017-5894, or call (855) 907-3255, stating that you are requesting assistance regarding the MOL Global litigation.

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