Kendrick D. White (48), has extensive venture capital fund management experience as well as corporate finance consulting and direct executive management experience, accumulated during his 19 years of full time work in Russia. In 2005, Mr. White founded Marchmont Capital Partners, LLC, an investment advisory firm focused on VC and PE finance raising in various innovation sectors. This US registered enterprise is based in Nizhny Novgorod and has developed a wide network of consulting partnerships in key cities across the RF. In 2007, Mr. White created the Marchmont Media division which published the Marchmont Investment Guide to Russia journal and currently operates the www.Marchmontnews.com website which covers regional investment news for finance professionals. Since 2008, Marchmont has been responsible for organizing the “Business Leaders Investment Forum”, a monthly event held in key regional capital cities across the RF. This event brings together scientific innovators, business owners, investors and political leaders – together with a wide range of expert speakers from Moscow and abroad - with the aim of promoting regional manufacturing investments into modernization. Marchmont’s General Partner for the 2010 program “Innovation for Business” is the Russian Venture Company, (RVC), and Official Sponsors include; RUSNANO, UBS Bank, the US Russia Center for Entrepreneurship, Hellevig, Klein & Usov, LLC, and others. Mr. White is an expert in the field of early stage innovation project commercialization and was appointed in 2006 as one of the five private sector members of the US Russia Innovation Council on High Technologies, (ICHT), a Presidential Commission focused on developing policy proposals for the Russian government aimed at promoting Russia’s innovation economy and improving commercial business ties between the US and Russia technology sectors. Mr. White is also a member of the Independent Directors Association, (IDA), and Marchmont also holds membership in the US Russia Business Council (USRBC), the Russo British Chamber of Commerce, (RBCC) as well as many other regional Trade Associations. From 1998 to 2005, Mr. White was Director of the Quadriga Central Russia Regional Venture Fund (CR RVF), a USD $50.0 million private equity fund financed by the EBRD and the German KfW. He oversaw the implementation of numerous successful investment projects during this time, including Nizhpharm, now part of the STADA Group, Bridgetown Foods, a top FMCG snack food producer, and Multiflex, the leading flexible packaging producer in Russia. Other co-investments made by the CR RVF included; ROC, ERA Trading, Speech Technology, Pekar and Morion electronics. Between 1995 and 1998, Mr. White worked in the Corporate Finance Division of Price Waterhouse Coopers, where he was specifically seconded as a Senior Advisor to the Russian Privatization Center (RPC) and its Volga Vyatsky branch division in Nizhny Novgorod. Mr. White was responsible for training 22 Russian consultants in three provincial regions of Central Russia on the development of a self sustainable investment advisory center for SME businesses seeking market expansion and growth capital. Between 1992 and 1995, Mr. White worked as an advisor to the Nizhny Novgorod Oblast Administration and the “EPI center” think tank, where he focused his efforts on developing post privatization SME development programs, and establishing one of Russia’s first training centers dedicated to emerging entrepreneurs. This work resulting in numerous new company formations and helped to establish the region as a leader in Russia’s reform process and conversion from a command to a market driven economy. Prior to arriving in Russia, Mr. White worked from 1985 to 1992 at ABN/Amro - LaSalle Bank, in Chicago, IL, in various management positions in Strategic Planning, Cash Mgt and M&A. Mr. White holds an MBA in Finance & Int’l Business from the Kellogg Graduate School of Management (1990), Northwestern University, Evanston, IL, and a BA degree in International Economics from Stetson University (1985), DeLand, FL. Mr. White lived full time in the city of Nizhny Novgorod and is married with two children.

Education: Candidate of Science (Economics), EMBA 1992-1997: The Kazan Financial and Economic Institute, graduated with honours. 1997-2000: The Kazan Financial and Economic Institute, post-graduate course. In 2000 defended his Candidate thesis on «Machine-building enterprises control system renovation by the example of machine-building enterprises of the Republic of Tatarstan» 2006-2008: Executive MBA, Said Business School, University of Oxford. Working Experience: 2001-2004: The Republic of Tatarstan Cabinet Office, First Deputy Prime-minister of the Republic of Tatarstan Assistant. 2002-2004: Agency for entrepreneurship development of the Republic of Tatarstan, Deputy Director-General. 2004-present: Innovative Technopark «Idea», Chief Financial Officer 2006-present: Technopolis «Himgrad», Chief Executive Officer Additional information: In 1999 received training, as part of the presidential management training program, in California University, and completed internships at Merrill Lynch Investment Bank. Has got a skills standard certificate of the Federal Equity Market Commission giving a qualification corresponding to a managership or a supervisor of a brokerage firm, and/or a dealer, and/or equity asset management. Since 2008 — Chairman of the Board of «Tasma-Holding» company. Since 2009 — Member of the Board of «Tatneftekhiminvest-Holding» company.

Semenov Anton Nikolaevich was born on 29 March, 1973, in Nizhnekamsk. 1996 - graduated from Plekhanov Russian Academy of Economics, Moscow; 2001 -2004 – Deputy Chief Engineer of Polymer-NKNKh Ltd, chief engineer, director; 2004-2010 - Deputy General Director for development of polymer processing and small-capacity petrochemical production in JSC "Nizhnekamskneftekhim"; 2010 - 2011 – Chairman of Association of Tatarstan Polymer Processors Non-Commercial Partnership; From 2011, June – Deputy Chief Executive of Tatarstan Investment Development Agency.

Education: 1982 – 1988: Kazan State Technical University named after A.N. Tupolev, radio engineering sub department, speciality of radio-electronic systems. Working Experience: 1993 – 1998: director of limited partnership “Sitecom”. 1998 – 2004: deputy director of “Sitecom” LLC. 2004 – 2005: general director of Informatization Center of the Republic of Tatarstan under the Cabinet of Ministers of RT. 2005 – 2006: first deputy minister of Informatization and Communication of the Republic of Tatarstan. Since 2006 – present time: director of “Sitecom” LLC. Since 2006 – present time: director of innovation of JSC “Innovative Technopark “Idea”.

Roman Samsonov joined the WAM PE team in 2007, where he is responsible for execution of the Fund’s investment in the pulp and paper sector. He also monitors several portfolio companies from different sectors. Previously, Roman worked for Ernst & Young in their Valuation and Business Modeling Division as a senior analyst; he participated in major engagements in large-and-medium-sized Russian/CIS companies. His sector expertise includes the financial, telecom, food retail, machinery, mining, oil & gas and chemical sectors. Before joining Ernst & Young, Mr. Samsonov worked in the Audit and Accounts Department of local advisory boutique Energy Consulting. Roman graduated from Moscow State University of Management with specialization on financial risk management and corporate finance.

2004 graduated Moscow State University of Economics Statistics and Informatics with a degree of economist. 2005-2009 ALOR Group – different positions on sales and business development. Was responsible for customer acquisition and products development. 2009 - present - RTS Stock Exchange – Head of Sales Lising and OTC. Responsible for IPOs and issuer relations. Has FCSM certificates 1.0 and 2.0.

Was born on April, 17, 1975, Kazan, Russia. Education: In 1999 Grigory Busarev graduated at the Economic Faculty from the Tatar Institute of Business and Assistance (TISBI); In 2003 he studied at the Faculty of Law at the Kazan State University; Grigory Busarev acquaited in 2003 a certificate as a Patent Attorney of the Russian Federation; In May 2007 he had training in the Netherlands in frameworks "Bilateral Netherlands-Russian President"s Programme". Work experience: In 1994 Grigory Busarev has organized the first enterprise Open Company "Stroy - centre"; In 1998 has founded and had the authority over the company "Elbi"; Since 2001 he is the founder and the director of Artpatent agency. Teaching activity: Member of Tatar branch of UNESCO Faculty under the Intellectual Property; Teacher of Journalist and Sociology faculty, Kazan State University; Teacher of the program "Master of Business Administration" (MBA), Kazan State Financial and Economic University; The author and the leader of more than 40 personal scientific - practical seminars on questions of the intellectual property; The head of a column "Expert opinion" on questions of the intellectual property in "Kazan business magazine"; Over 30 publications in various business editions.

Mr. Ablayev is the author of 58 scientific publications and two monographs: State Participation in Economic Processes and Basics of State Control over Regional Economy. Mr. Ablayev is a political analyst by profession. He graduated from the Kazan State University, Baruch College of The City University of New York and the Canadian Business School at the Univeristy of Western Ontario. In 1980 Mr. Ablayev started working at the Kazan State University, Economics Department. In 1996 he was appointed Director of the Republican Center for Professional and Career Enhancement Education for Executives, which is today the Tatar Academy of Management.

Place and date of birth: Potsdam, Germany, April 22, 1977. Education: The Kazan Financial and Economic Institute. Working Experience: 1999 -1999 - Treasury Department of Ministry of Finance of the Republic of Tatarstan, expert of department for financing of budgetary and extra-budgetary funds. 2000 — 2001 - JSC «Technoimpex», Sales office if NISSHO IWAI Corp., Chief Commercial Officer. 2001 — 2005 - NP «Volga region crisis management institute», expert, head of department, head of consulting department, director for development, director. 2005 — 2006 - «RK Development-Idea» director. 2006 — present - «Idea Capital» Property Management, Chief executive officer First Deputy. 2010 — present - Chief Executive Officer.