NQ Mobile IR Update for November 24, 2014

We wanted to wish everyone in the U.S. a wonderful and safe Thanksgiving Holiday week. Additionally, we wish to extend our gratitude for all of our shareholders, investors and supporters. We recognize it has been a difficult and frustrating year and we look forward to moving forward. Thank you for your support!

We also wish to point out that the notice of the Annual General Meeting was delivered on Friday as is required to announce the details 30 days prior to the actual meeting which has been set for December 19, 2014. This is a standard and procedural meeting. The only resolution proposed is related to the Company’s authorized share capital and the increase is the first extension following the initial authorization which occurred prior to the Company’s initial public offering.

This does not reflect any plans to issue more shares. There are currently no plans to issue any additional shares beyond those related to our investments and acquisitions disclosed in our recent annual filing for 2013, found on Form 20F with the SEC dated on October 27, 2014.

Additionally, the Company remains committed to buying back stock when it becomes possible, following the opening of our trading window and in accordance with all regulatory requirements. The Senior Management also remain committed to the share purchase plan announced in November of 2013. The Company will provide a detailed update on these plans when we report our quarterly results for Q1, Q2, and Q3 2014.

Until the next update, please e-mail questions to investors@nq.com. Please note that e-mail is preferred for your questions and comments.

Forward Looking Statements

This blog post contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in these blog posts are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

Social media is often the quickest, most efficient way to receive accurate and up-to-date news and information about NQ Mobile. Follow us on Twitter at @NQMobile and @NQMobileIR for the latest updates. We have also added a button on our NQ IR home page (ir.nq.com) that directs users to our IR blog, which includes these updates.