SD card supported by Android 4.2.2
I have looked into this issue before, and as it stands at the moment, native android does not support exFAT or NTFS.

Support for additional formatting types are included in some ROMs because they have been specifically coded to do so such as AFAIK which I believe supports NTFS.

I think you are stuck with FAT32 unless you wish to root and flash a ROM that supports alternative formats.