Thomas Krouse, CFA, ABV

• Providing executive leadership and continuity management after the passing of the company founder • Managing separate accounts in three long-biased equity strategies (Energy, Russia/Central Europe, and Global Balanced), and managing model portfolios in a variety of additional strategies (China, Financials, and Dedicated Short). Previously a member of the firm's SWAN investment team • Managed trading & operations firm-wide (mutual fund, hedge fund, and SMA division) • Managed sales and marketing for the SMA division • Developed additional capacity throughout the firm with a focus on managed accounts, trading, client service, fundamental & quantitative research, marketing, research sales, technology development, and compliance • The firm is an S.E.C. Registered Investment Advisor and previously managed the $60MM+ Marketocracy Masters 100 mutual fund [symbol: MOFQX] and a hedge fund. More corporate information can be found at http://en.wikipedia.org/wiki/Marketocracy.

• As an m100 member at Marketocracy.com, consulted to Marketocracy Data Services (“MDS”) and contributed to its investment adviser affiliate’s (Marketocracy Capital Management, LLC) management of the Marketocracy Masters 100 Fund as well as other client portfolios • Serving as COO/CFO at Image Orthodontics dba Ideal Dental Management Partners, LLC • Created Derivix, an integrated equity derivatives risk management and trading platform [investors included Goldman Sachs, J.P. Morgan, S.A.C. Capital, and Susquehanna Growth Equity, LLC] that was subsequently sold to FlexTrade • Served as COO of Meisenbach Capital Management, Inc., a $250 MM+ hedge fund in San Diego (January 2003-March 2003) • Consulted as senior executive at TradeLiaison, Inc., FutureTrade Online/FutureTrade Technologies, Inc., Euromed America/Adeli, Inc., and Telecom Partners Group • Providing SME business valuation services and related expert witness testimony • Provided investment advisory and business strategy consulting services on a global basis • Created and managed a business incubator on behalf of European investors • Lead engagements in Banking, Healthcare, Manufacturing, Medical Instruments, Software, and Telecommunications in the U.S. and in Europe with an emphasis on capital raising and executive management services for early stage client companies

Health, dental, and life insurance agency serving group and individual plans across a wide range of insurance carriers both on and off exchange (Covered California)

Operating 18+ multi-specialty dental clinics (Orthodontics, Pedodontics, Oral Surgery, General Dentistry) under multiple brands with 180+ employees. Company is organized in a DSO structure under Ideal Dental Management Partners, LLC. Brands include Rockville Smiles, Valle Smiles, Golden State Smiles, Smile Country Dental, and Enhance Oral Surgery https://imageorthodontics.com/ https://www.vallesmiles.com/ https://www.goldenstatesmiles.com/ https://www.smilecountrydental.com/

• Endorsed by CA State Senator Jeff Stone, former San Diego County Supervisor Pam Slater-Price, former Oceanside Mayor Jim Wood, former Tri-City Hospital Board member Kathleen Sterling, the San Diego County Libertarian Party, the Veterans Party of America, the Veterans Party of California and many others • Served as Campaign Committee Treasurer https://www.facebook.com/KrouseForAssembly/

• Received 41% of the vote as a General Election Candidate for the California State Assembly in District 76 serving Cardiff-by-the-Sea, Encinitas, Carlsbad, Oceanside, Vista, and Camp Pendleton • Endorsed by the Veterans Party of America, the California League of Conservation Voters, Citizens for North County, Oceanside Mayor Jim Wood, San Diego County Central Committee Members from both the Democrat and Republican Parties, and many others • Served as Campaign Committee Treasurer

• Campaigned as a General Election Candidate for California Assembly in District 76 serving Cardiff-by-the-Sea, Encinitas, Carlsbad, Oceanside, Vista, and Camp Pendleton. Received over 29,000 votes (33%) • Sought the opportunity to fight to make the California Legislature responsive to the people that it is supposed to represent on the following principle: "Only if we hold state government to a higher standard of transparency and accountability will we be able to achieve our immediate goals and fulfill our responsibilities to the next generation by ensuring economic opportunity, a sustainable environment, and quality education for all citizens" • Served as Campaign Committee Treasurer

• Long/short equity hedge fund managing $120MM with a long-term, fundamentals-based strategy • Developed and implemented a master feeder structure leveraging the legacy market neutral fund infrastructure to launch additional short-only and long-only products with minimal cost and limited operational burden • The firm's focus was on investments in software, hardware, semiconductor, e-commerce, and alternative energy companies with growing or misunderstood market opportunities.

• Served as Executive Committee member at Parallax Fund, L.P., a $75 MM+ relative value volatility trading hedge fund with approximately 20 employees. Also served as Chief Compliance Officer and Chief Financial Officer of this S.E.C. registered broker-dealer and member of the Pacific Exchange, Boston Options Exchange, and International Securities Exchange • Member of Risk and Quant Committees participating in the portfolio management processes of the fund • Managed the firm’s Technology, Marketing, Finance, Investor Relations, and Compliance departments • Responsible for all fund valuations, partnership accounting, FOCUS report filings and related audits • Developed and supervised systems to ensure maintenance of all collateral and minimum capital requirements for fund portfolios and the broker dealer • Managed development of and negotiated terms for the firm's initial ISDA agreements • Series 7, 24, and 27 registered

• Completed coursework in Econometrics, Calculus, Modern Portfolio Theory, Centrally Planned Economies, Software Engineering, Electrical Engineering, Materials Science, Middle East History, Political Science, Psychology, Soviet Film, and French Literature. • Completed study abroad program in Tours, France

• International field study in Argentina and Chile • Named to Dean's List

• Completed coursework in Contracts, Torts, and Legal Writing • Awarded Distinguished Scholar recognition

Atherton/Menlo Park