Charlie Cottam
Since 1995 Charlie was an equity analyst focused mainly on the Support Services sector at stockbrokers Panmure Gordon from 2002 and where he was head of the team, and before that Cazenove & Co. He has been the analyst on 33 companies where his firm was the corporate broker. In 1996 he was awarded the Reuters Award for Investment Analysis, and qualified as a Chartered Accountant with Price Waterhouse in 1994. In 1991 he graduated from Durham University with a degree in Economics and Politics.

Mark Shepperd
Mark Shepperd worked for over 30 years until January 2013 at UBS, including 20 years running its support service research team. He has also held the position of head of Small Cap research at UBS and been part of the firms top rated Media, Industrials and Retail teams. Under his leadership UBS was consistently top rated by all the major Investor Surveys for Research in Support Services. He and his team acted on a number of major IPO's including Hays, Experian, Intertek, Bureau Veritas, and S Three and were also nominated stockbroker to many leading companies including Electrocomponents, MITIE and Rentokil. Since 2010 he has been a Senior Advisor in the Investment banking division at UBS, specialising in the Support Service sector. This role involved advice on Mergers & Acquisitions and IPOs. He has a MSc in Management from Imperial College and and BSc in Psychology from London University.

Simon Strong
Simon Strong joined Broadwalk Asset Management in January 2012. He was previously a Director at Evolution Securities, analysing the UK Software & IT Services sector. He has also held similar positions at Panmure Gordon and Peel Hunt. He has worked in the equity market his entire career, and since 2000 focused on technology stocks. In his career Simon has worked on two flotations and has formally covered more than 60 companies. He graduated in 1992 from the University of Wales with a degree in Agricultural Economics.

DIRECTORS OF BROADWALK SELECT SERVICES FUND LIMITED

David Mashiter
David is currently managing director of Meridian Asset Management (C.I.) Limited, which he founded in 1991. He is also a director of Henderson Far East Income Limited, Northcross Capital Management Limited, Northcross Holdings Limited, and RBC Regent Strategy Fund Limited. He was formerly head of investment management with the Royal Trust Company of Canada in Jersey. He started his career as an Investment Analyst at the stockbrokers Simon & Coates and has an MA in Economics from Cambridge University.

Andrew Stewart
Andrew was a Member of the London Stock Exchange and Partner in WI Carr Sons and Co from 1973 to 1980 with specific responsibility for the rapidly growing Far Eastern operations out of London. In 1980 he moved to Jersey and set up the Jersey office of stockbrokers Phillips and Drew (now part of UBS). From 1988 until 1992 he was a Founding Director and Shareholder of Channel Islands Portfolio Managers, before it was acquired by Quilter Goodison and Co (now part of Morgan Stanley). From 1992-2001 he was Managing Director of the leading Jersey Stockbroking and Investment Management company, Le Masurier James and Chinn Limited. Since 2001 he has been a consultant to Collins-Stewart in Jersey with specific responsibility for private clients. He holds various outside Independent Directorships. He is a Fellow of the Securities Institute and was awarded a BA Honours in Modern Languages from Nottingham University in 1966.

Charlie Cottam
Details as above.