The Sarossa Board

Mike Bretherton, Executive Chairman

Michael Bretherton was appointed as a non-executive director of Sarossa's predecessor entity Sarossa Capital plc in March 2011 and subsequently took on the role of finance director on admission to AIM in January 2012, before being appointed chairman on 25 October 2012. He is also non-executive chairman of Adams Plc and is a director of Cronin Group Plc and is a director of ORA. In addition, Mr Bretherton has been a director of six other AIM quoted companies during the last five years, including Nanoco Group Plc, Ceres Power Holdings Plc, Tissue Regenix Group Plc and Oxford Pharmascience Group Plc. He has a degree in Economics from Leeds University and is a member of the Institute of Chartered Accountants in England and Wales. His early career included working as an accountant and manager with PriceWaterhouse for seven years in London and the Middle East, followed by finance roles at the Plessey Company Plc, Bridgend Group Plc, Mapeley Limited and Lionhead Studios Limited.

Ross Hollyman, Non-Executive Director

Ross Hollyman was appointed as a non-executive Director of Sarossa's predecessor entity, Sarossa Capital Plc, on 7 December 2011. He is currently a non-executive director of Sarossa and has been employed in the investment industry in the UK for over 20 years having previously been an investment director at GAM Limited and JP Morgan Fleming Asset Management, and Head of Global Equities at Liontrust Asset Management plc. Ross is currently an Investment Director at Sabre Fund Management Ltd and the investment manager of the Sabre Global Opportunities Fund, an equity Long/Short hedge fund.

Jonathan Morley-Kirk, Non-Executive Director

Jonathan Morley-Kirk was appointed as a non-executive Director of Sarossa's predecessor entity, Sarossa Capital Plc, on 25 October 2012. He is currently a non-executive Director of Sarossa and has served as Chairman of Fox-Davies Capital from 2003 to 2008 and, previously, he also served as a director of S GWarburg Securities and Samuel Montagu & Co. He is currently a non-executive director of East Siberian PLC (formerly PetroKamchatka), which is listed on the Toronto Stock Exchange, non-executive chairman of Nyota Minerals, which is listed on AIM and the Australian Securities Exchange, and non-executive chairman of Bluebird Merchant Ventures, listed on the London Stock Exchange.