Scott Thornton, CPA

•An all-encompassing senior finance leadership role (no. 1 in finance) reporting directly to the founder and CEO advising on strategic financial matters including joint venture structure and interest, complex financing structures for mergers & acquisitions, tax & compliance, insurance & risk, management reporting, operational finance and ad hoc reporting •Provide guidance and financial advice to entrepreneurial CEO to inform in the acquisition of a larger competitor in the sector •Tightened cash controls and reduced VAT leakage across the portfolio by c. £20k per quarter •Enhancing budgeting and forecasting across operational entities to ensure more robust reporting to investors in support of drawdowns and capital calls •Overhauled financial control processes for operational sites, eliminating ad hoc payments with limited oversite, and ensuring payments are structured and follow strict approval processes. Currently also implementing a PO system to ensure greater control •Sign-off on all statutory reporting and company secretarial filings across c. 60 entities o Why Elysian? I was approached directly by Elysian, This was an opportunity to showcase my financial leadership in a broad remit covering all aspects of commercial finance. Organisation Privately held company - specialising in the development and operation of luxury retirement communities. Employing 200 people across the UK with a portfolio of over 3,000 units and a sales value of over £2.5bn Skills Leadership · Process Improvement · Stakeholder Management · Confidentiality · Financial Data Analysis · Relationship Building · Change Management · Cost Reporting · Business Process Improvement · Business Partnering · Finance Transformation · Key Performance Indicators · Key Metrics · Financial Statements · Commercial Awareness · Balance Sheets · Leadership · Project Management · Management Information · Communication · Trusted Business Partner · Handle Multiple Projects · Mergers & Acquisitions · Consolidation

• Overhauled the reporting of the £1.1B technology finance fixed asset register to map all assets to a revenue generating application. Enabling greater visibility of total cost of ownership (TCO) of assets and driving more robust profitability insights (PI) • Engaged stakeholders to document the future governance, reporting and roles & responsibilities requirements of the fixed asset module within the new enterprise resource planning (ERP) system • Managed major transformational programs impacting the Technology Finance team, ensuring robust modelling, strategy and appropriate functional ownership of the initiatives to re-engage stalled projects and see them rolled into BAU • Analysed and modelled the financial implications of data centre rationalization as part of a series of projects to move from on premises servers to cloud based solutions Why LSEG? With the downsizing of my previous organisation I was recommended for this job by a former colleague as an opportunity to showcase my finance transformation experience Organisation FTSE 100 – Financial Services / Capital markets. One of the world’s leading providers of financial markets infrastructure and delivers financial data, analytics, news and index products to more than 40k customers in over 170 countries. LSEG has 25k people in over 60 countries with annual turnover of c. £8.3bn Systems: Power BI / Excel / PowerPoint / Visio / SAP / Oracle

• Leadership of a cross-border team at Oyster HR establishing a robust billing process by enhancing the reconciliation of the multi-currency billing to multi-currency customer invoicing, reducing the time taken for the reconciliation from 15 days to five shortening the billing cycle by a week and aiding in management of working capital requirements of a start-up • Mentored and guided a remote team across Europe and Canada, promoting development opportunities particularly around technical accounting and modelling skills and supporting the positive mental health and wellbeing of the team • Successfully eliminated more than $10k worth of FX errors each month by automating FX conversion of gross and contra revenue items, exceeding organisational objectives • Convened cross-functional forums, across AP, AR and customer success, influencing outcomes in devising solutions and ensuring billing error corrections were understood and communicated appropriately to all parties, balancing customer satisfaction with revenue maximisation, ensuring the revenue leakage between gross and contra revenue was reduced by 80% Why Oyster? After several highly successful transformation projects in my previous role it was time to take on the new challenge at Oyster where there were limited formal financial processes and I could build robust and efficient processes from scratch Organisation: Private Equity (PE) backed, Series C Start-up – Technology. Automated global employment platform enabling companies everywhere to hire people anywhere in the world. 600+ fully remote staff in 80+ countries Oyster HR has an annual turnover of c. £76.6M Skills: Account Reconciliation / Financial Planning / Business Process Improvement / Financial Modelling / Communication / Accounting / Leadership / Change Management / Startups / Mentoring / Stakeholder Management / Negotiation Systems: Power BI / Excel / PowerPoint / Visio / NetSuite / Xero / GSheets / Slack / hiBob / Asana / Snowflake / Notion

• Led a team in the development of a modelling tool enabling Visa capture additional €13m revenue in the first year where the technical solution for billing was not yet operationalised; process was formally adopted in the absence of real-time price increases • Overhauled the process at Visa to enrich internal reporting data, enabling the FP&A teams to more accurately forecast €20m of cross-border and international payments revenues by country and currency across the Europe region • Took ownership of the process to improve Visa’s variance reporting through implementation of a Power BI model to capture the revenue drivers and price increases by product to more accurately and rapidly determine what caused revenue movements • Led the process to create a new dynamic modelling and reporting system to report net-revenue performance to multiple regulators including Financial Conduct Authority (FCA), Bank of England and Security Exchange Commission (SEC) • Identified an additional €5m revenue to be recognised through material improvement of the €200m multicurrency balance sheet reconciliation for accrued and deferred revenue accounts Why Visa? I was looking for a permanent role with a balance of BAU reporting and analysis with scope for making tangible efficiency and process improvement changes Organisation: DOW 30 – Financial Services / Technology. Visa Inc. is a multinational payment card services corporation. It facilitates electronic funds transfers throughout the world, with around 276b transactions annually generating $33.3bn in revenue. Visa employs 28k staff in 82 countries Skills: Account Reconciliation / Financial Planning /Business Process Improvement / Financial Modelling / Communication / Accounting / Financial Services / Leadership / Change Management / Financial Planning and Analysis (FP&A) / Internal Controls / Senior Stakeholder Management / Payments Systems: Power BI / SQL / Excel / PowerPoint / Visio / Hyperion / Oracle

• Actively reduced time taken for all BP pension liability reporting by more than two days per month, through simplification and streamlining of processes, whilst still ensuring these remain SOX compliant • Directed the process to update key market indices within internal pension liability modelling to track funding status of UK and US defined benefit plans, ensuring alignment with external actuarial valuation • Researched and compiled competitor analysis on pension assumptions and indices and reporting on alignment and divergence of BP’s chosen indices to industry average, giving confidence to the Board that modelling was robust Why BP? I was able to manage my time better in this more structured BAU role whilst I also negotiated the study commitments of studying for my MBA. I also gained invaluable experience with pension accounting within the oil & gas / energy sector Organisation: FTSE 100 – Oil and Gas / Energy. Vertically integrated company, operating in all areas of the oil and gas and alternative energy industries. $210bn annual turnover with operations in 61 countries employing 79k Skills: Business Process Improvement / Financial Modelling / Communication / SOX / Financial Reporting / Financial Statements / Pension Fund

• Championed the development of the reconciliation and reporting process for payment and accrual accounting data whilst managing the delivery of monthly income reporting and commentary on movements in drivers such as assets under management • Introduced trend analysis reporting and modelling highlighting significant month-on-month movements in accruals and payments to discover £1.7m of missed payments • Leveraged the heightened profile of the accounting processes to influence difficult stakeholders, unwilling to effectively participate in essential processes, to deliver required data and timely updates previously not available Why Schroders? Having spent several years in retail and commercial banking this position was an opportunity to enhance my skill set in asset management and private equity (PE) financial reporting and analysis Organisation: FTSE 100 – Financial Services and Asset Management. Schroders plc is a multinational asset management company, it employs over 6k people worldwide in 38 locations. Schroders has £750bn assets under management (AUM) and turnover of £2.4bn Skills: Business Process Improvement / Business Process Improvement / Financial Modelling / Communication / Accounting / Financial Services / Asset Management / Account Reconciliation

• Recognised for successfully authoring monthly risk report detailing 400 risk appetite metrics for products distributed by the Lloyds corporate bank • Successfully negotiated with managers to analyse and set appropriate tolerance levels for reporting, reducing unreported metrics from over 50 to less than five • Engaged all key stakeholders to assemble requirements for monthly risk reporting ensuring appropriate reporting metrics were captured and all previously unavailable data was sourced • Consolidated reporting processes, eliminating redundant metrics, allowing more than five hours per week to be deployed on other projects Why Lloyds: As the project started to wind down in my previous role I sought exposure to both a different financial institution and also an opportunity for exposure to commercial banking Organisation: FTSE 100 – Banking and Financial Services. British “Big Four” retail and commercial bank with 58k staff in 45 countries generating £8.3bn turnover Skills: Business Process Improvement / Communication / Financial Services / Difficult Stakeholder Management / Regulatory Risk

• Successfully devised an entirely new process for monthly delivery of MI reports linking customer financial information to statistical data aiding in the decision making of the executive committee on the divestment of 300 RBS branches • Oversaw the constant appraisal of MI reporting to develop solutions to respond and pre-empt new management goals, such as provision of trend analysis data and commentary • Recognised for reducing the time taken to publish monthly MI reports from four days to six hours, through streamlining of processes including establishing data input forms to validate user entries • Designed an internal brand, raising the profile of the analysis team and leading to a 4X increase in internal customer requests for fulfilment of analysis requirements, making the team the go-to for analysis Why RBS? This contract role was an opportunity for me to prove that I could transfer my financial analysis and change management skills from not-for-profit to the financial services sector Organisation: FTSE 100 – Banking and Financial Services. One of the retail and commercial banking subsidiaries of NatWest Group. NatWest operates in over 10 countries with around 60k staff and generates £2.1bn turnover Skills: Business Process Improvement / Financial Modelling / Communication / Financial Services Leadership

Accounting Qualification- Equivalent to ACCA