Pyramis has a comprehensive approach to investment management including:

Kevin Uebelein, CFA

President and Chief Executive Officer
Pyramis Global Advisors

Kevin Uebelein is President and Chief Executive Officer of Pyramis Global Advisors, a Fidelity Investments company. Fidelity is one of the world's largest providers of investment management, retirement planning, brokerage, and human resources and benefits outsourcing services for individuals and institutions. Pyramis, with approximately US$154 billion in assets under management as of 31 March 2010, focuses on investment products and solutions for institutional customers.

Mr. Uebelein joined Pyramis in 2008 from Prudential Financial, bringing more than 22 years of experience in the global institutional investment management business. He was Chief Investment Officer for all of Prudential Financial's International businesses from 2001 through May of 2008. This role included oversight of assets in aggregate of over $130 billion, encompassing businesses in Asia, Latin America and Europe, as well as the full gamut of asset types, investment styles and customers. Prior to assuming that role, Mr. Uebelein was managing director of Prudential Private Asset Management Group, with P&L responsibility for all the firm's private equity and alternative asset investment businesses, U.S. and internationally. He joined Prudential as a private placement analyst in 1986, based in Houston, after having spent several years as internal auditor in the oil industry and earning the Certified Public Accountant (CPA) professional designation.

Mr. Uebelein is a graduate of Harding University and earned a Master's degree in Business Administration with a concentration in Finance from Rice University in 1986. He is a Chartered Financial Analyst (CFA) charterholder, having completed the rigorous course of study to earn the professional designation in 1991.

Not an FSA-approved person of PGAUK

Young Chin

Chief Investment Officer
Pyramis Global Advisors

Young Chin is chief investment officer of Pyramis Global Advisors, a Fidelity Investments company. Fidelity is one of the world's largest providers of investment management, retirement planning, brokerage, and human resources and benefits outsourcing services for individuals and institutions. Pyramis, with approximately US$154 billion in assets under management as of 31 March 2010, focuses on investment products and solutions for institutional customers. Mr. Chin joined Pyramis in 2006 and oversees the firm's portfolio management, research, and trading functions.

Mr. Chin, a 31-year veteran of the investment management business, previously served as president and chief executive officer, Gartmore Global Investments, and co-global chief investment officer—equities, Gartmore Group, in Conshohocken, PA. In these dual roles, he oversaw investment units in the U.S., the U.K, and Japan with assets of more than $80 billion.

Prior to joining Gartmore, Mr. Chin was managing director, head of equity management, and director of equity management research for Brown Brothers Harriman in New York from 1999 to 2001. Previously, he served in a number of roles during the formation and building of PNC Financial's asset management business, including serving on the management committee of BlackRock. Mr. Chin began his investment career at Harris Bank in Chicago in 1978. Over a period of 14 years at Harris, including eight years serving as the director of a quantitative investment consulting service, he worked with more than 400 investment organizations that included investment advisors, pension plans, endowments, and foundations.

Mr. Chin received a bachelor of arts degree in economics in 1978 and a master's degree in business administration in finance in 1982, both from the University of Chicago.

Not an FSA-approved person of PGAUK

Michael Barnett

Executive Vice President
Institutional Sales

Michael Barnett is Executive Vice President, Institutional Sales at Pyramis Global Advisors, a unit of Fidelity Investments. Fidelity is one of the world's largest providers of investment management, retirement planning, brokerage, and human resources and benefits outsourcing services for individuals and institutions. Pyramis, with approximately US$154 billion in assets under management as of 31 March 2010, focuses on investment products and solutions for institutional customers. In this role, he is responsible for the overall sales operations of Fidelity's institutional business in the U.S. and Canada.

Appointed to his current position in 2010, Michael joined Fidelity in 1999 and has since held a number of senior leadership roles within Fidelity's Advisor Distribution business in Canada. Michael was first District Vice President and quickly became Vice-President, Regional Sales Manager for Ontario.

In 2004, he was appointed to Vice-President, Advisor Distribution, responsible for several major initiatives to advance Fidelity's Advisor Distribution business. In 2005, Michael was appointed Senior Vice President of Sales for Fidelity's retail business, a $30 billion entity, in charge of revamping that group's structure and strategy. In 2006, he was named Executive Vice President with responsibility for overall growth and daily operations of Fidelity's institutional business in Canada.

Michael has over 20 years experience in the financial services industry. Before joining Fidelity, he worked for Mackenzie Financial Corp. between 1987 and 1997, and for O'Donnell Financial Services from 1997 to 1999.

Michael earned a Bachelor of Arts degree in Economics from Long Island University.

Not an FSA-approved person of PGAUK

James Carroll

Senior Vice President
Relationship Management
Pyramis Global Advisors

James Carroll is senior vice president responsible for institutional sales and consultant relations at Pyramis Global Advisors, a Fidelity Investments Company. Fidelity is one of the world's largest providers of investment management, retirement planning, brokerage, and human resources and benefits outsourcing services for individuals and institutions. Pyramis, with approximately US$154 billion in assets under management as of 31 March 2010, focuses on investment products and solutions for institutional customers.

Mr. Carroll is responsible for managing the relationship management and client service teams and leading the trust services operations. He originally joined Fidelity in 1987 and held a variety of management positions in the defined contribution and defined benefit areas. He left Fidelity to work as an institutional portfolio manager at J.P. Morgan Investment Management, and rejoined Fidelity in 1999 to head the client service effort.

Mr. Carroll is responsible for managing the relationship management and client service teams and leading the trust services operations. He originally joined Fidelity in 1987 and held a variety of management positions in the defined contribution and defined benefit areas. He left Fidelity to work as an institutional portfolio manager at J.P. Morgan Investment Management, and rejoined Fidelity in 1999 to head the client service effort.

Mr. Carroll earned a bachelor of arts degree in economics from Providence College in 1986.

Not an FSA-approved person of PGAUK