Mileverse Project 2023: First Half-Year Progress Update

Dear Mileverse Community,

We are pleased to provide you with an update on the progress of Project 2023 as we reach the end of the first half of the year.

Product Development Progress Summary:

• Service Development: Mileverse has made continuous product and app updates, Milverse introduced the barcode payment method, digital gift card, and rewards program diversification and withdrawal services for our valued customers.
• UI/UX Improvements: We have focused on enhancing user convenience through user interface and user experience enhancements.
• Customer Rewards Services: We have diversified our rewards programs to offer a more rewarding experience for our users.
• Barcode Payment Locations: We have expanded the availability of barcode payment options at various locations.
• Additional Content: We have integrated reward services with games, offering our users even more exciting content within the Mileverse app.

Business Progress Summary:

• App Downloads and Monthly Active Users (MAUs): We have achieved over 400,000 app downloads and surpassed 30,000 MAUs during the first half of the year. This is a testament to the growing popularity and engagement of the Mileverse community.
• Additional Content: We have updated the reward service integration with games, providing our users with more engaging and rewarding experiences.

Compliance with Roadmap and Progress Summary:

• We have successfully achieved the milestones outlined in the first half of the 2023 roadmap, including the provision of additional content, reaching 300,000 app cumulative downloads, achieving 30,000 MAUs, and providing financial services such as the withdrawal service for points.
• Our efforts to expand to 20 payment brand franchise stores are ongoing, with discussions underway with 19 contracted brands and potential discussions with additional brands.
• We are also actively pursuing the expansion to 10 corporate point alliances, with ongoing development and discussions with other companies.

Thank you for your continued support and participation in the Mileverse community. We remain committed to delivering a seamless and rewarding experience for our users.