Christopher Machen

Lead the corporate development and M&A function at Criteo. Responsibility for developing our inorganic strategy and sourcing attractive M&A and/or investment opportunities to augment our overarching corporate strategy and complement existing product capabilities and features. • Led the diligence, structuring and negotiation of Criteo's acquisition of Brandcrush (Australian-based omnichannel marketing company) • Developed Criteo's M&A playbook for aligning on inorganic M&A focus areas, building our target pipeline, and streamlining our deal execution and decision-making processes • Responsible for presenting M&A deals and investment opportunities to Executive Leadership Team and Board of Directors • Managed, recruited, and developed junior corporate development team

Led strategy development, acquisition target identification, and acquisition/investment execution across Booz Allen's market and service/product verticals

Developed strategy, processes, and frameworks for identifying, sourcing, structuring, and executing strategic M&A and investment activity aligned with GCP’s corporate and product priorities. • Managed the execution, structuring, and negotiation of 4 acquisitions totaling more than $150MM in enterprise value and drafted 12 Letters of Intent with acquisition terms. • Built out and hired GCP’s initial corporate development team, consisting of 3 direct reports. • Established GCP’s customized M&A playbook, which included frameworks and procedures for screening acquisition targets, a full set of due diligence checklists and M&A process documents. • Developed a pipeline of over 400 potential acquisition targets to enable GCP’s long-term growth goals. • Led cross-functional teams of 20+ people through all stages of M&A process, including market research, landscape analysis, acquisition target prospecting, valuation and modeling, due diligence, transaction execution, structuring, and negotiation of purchase agreements. • Utilized multiple frameworks and models to assess transactions including: DCF, IRR, NPV, Accretion/Dilution and precedent transactions. • Led the execution and negotiation of GCP’s $94mm purchase of UK-based Stirling Lloyd • Led the execution and negotiation of GCP’s $32mm purchase of Ductilcrete Technologies

• Promoted from Vice President to Director; added responsibilities include managing a team of up to 6 associates/analysts through idea generation, pitching, due diligence and live deal execution • Led strategy development, M&A identification and transaction execution for clients • Developed Board of Directors presentations related to M&A strategic rationale, pro forma combination and investor positioning • Provided M&A advisory services to A. Schulman in relation to its $800mm acquisition of Citadel Plastics from private equity firms Huntsman Gay and Charlesbank

• Provided financial and strategic advisory services to Georgia Gulf (now known as Axiall) in in relation to its $2.1 billion Reverse Morris Trust (RMT) merger with PPG Commodity Chemicals (2013) • Led the successful $1.6 billion hostile defense of Georgia Gulf (now known as Axiall) from Westlake including all valuation work, modeling, managing of junior & senior resources, interacting with senior executives at the client, and coordinating full transaction process (2012) • Provided financial and strategic advisory services to Cytec in relation to its $439 million cross-border cash acquisition of Umeco (2012) • Mentored & led teams of 3-8 investment bankers in the execution, due diligence, and valuation of several M&A transactions totaling more than $5 billion in enterprise value resulting in significant value creation for clients and revenue for the bank • Directed numerous strategic portfolio reviews of companies within the Natural Resources & Chemicals sector resulting in longer-term retained engagements • Managed interactions between product teams and client co-advisors throughout transaction execution • Interacted with CEOs, CFOs, Heads of Corporate Development and Treasurers across several Fortune 500 companies • Advised management teams on a variety of non-transaction related corporate issues, including optimal capital structure, credit ratings advisory, peer selection, activist shareholder defense and investor/analyst communication • Created company specific presentations, working alongside management, for Board meetings, investor communication, rating agency discussions, roadshows and discussions with potential buyers/sellers

• Authored and published 100+ research reports highlighting investment recommendations for 75+ companies across various sectors including chemicals, industrials, forest products, aerospace, and defense • Developed and published investment recommendations across the capital structure • Analyzed high yield technicals, company fundamentals, industry trends, and relative value to develop investment recommendations across the capital structure

• Conducted comprehensive due diligence and credit analysis of potential borrowers and issuers to understand business prospects, industry trends, competitive positioning, and financial projections • Counseled clients and provided expertise regarding capital structure, financing, and liquidity advice

• Executed financial analysis, modeling, and forecasting for business group President and Managing Directors • Collaborated with senior leadership to improve financial and operational performance tracking

2-year advanced management program focused on innovation and entrepreneurship for senior leaders Selected Courses: - Business Model Innovation in the Digital Age - Customer Analytics for Growth Using Maching Learning, AI and Big Data - Scaling Ventures - Strategic Marketing for a Competitive Advantage - Creating and Leading High Performance Teams - Venture Capital