Board of Directors

Ashok Jacob

Chairman – Not Independent

Ashok has been a Director of the Company since September 2014.

Ashok Jacob has over 31 years investment experience and has served as a Director and as Chief
Investment Officer of the Manager since inception.

As Chairman and Chief Investment Officer of the Company, he has overall responsibility for, and plays a key role in the Company’s investment decisions. He is supported by a team of investment professionals, each of whom have significant skill and experience in different geographies, sectors and industries.

Ashok has held prominent positions including Chief Executive Officer of the Consolidated Press Holdings
group and Managing Director of Thorney Holdings, the investment arm for the Pratt Group. Ashok is
an experienced board member and current appointments include: MRF Ltd and Thorney
Opportunities Ltd and Ellerston Global Investments Ltd. Previous directorships include Crown Ltd, Publishing and Broadcasting Ltd, Challenger Financial Group Ltd, Fleetwood Holdings Ltd, Ecorp Ltd, CPH Investment Group Ltd, Folkestone Ltd and Snack Foods Ltd. Ashok was also the Chairman of Hoyts Cinemas from 1999 until 2004.

Ashok holds an MBA from the Wharton School of the University of Pennsylvania (1984).

Sam Brougham

Independent Non-Executive Director

Sam Brougham has served as a Director of the company since September 2014.

Sam has over 31 years investment experience and is currently a Director of Ceres Capital, a private
Melbourne-based investment firm he founded in 1999. Ceres Capital specialises in global equity investing.

In addition, Sam is involved in US real estate and other US and various Australian private equity investments.

Prior to Ceres Capital, Sam worked at Structured Asset Management, a successful hedge fund he
co-founded in 1993 focusing predominantly on global equity markets.

From 1985 to 1993, Sam worked at JB Were and was a partner from 1988.

Sam spent his early career working for Price Waterhouse and received his economics degree from Adelaide
University in South Australia.

Paul Dortkamp

Independent Non-Executive Director

Paul has been a Director of the Company since September 2014.

Paul currently serves as the principal of Rivergum Investors, a consulting firm specialising in investment
process and compliance.

Paul has a wide range of Board experience with extensive experience across the main asset classes. He
is an external member of compliance committees for a wide range of registered schemes and responsible
entities, having served on over 20 committees.

Prior to Rivergum Investors, Paul was Head of Asset Allocation and a Director of First State Fund Managers
Limited (now Colonial First State Investments). He was Director of Trading & Funding at Security Pacific
Gold from 1989 to 1990. Paul spent his early career working in the Securities Markets Department of the
Reserve Bank of Australia.

Stuart Robertson

Independent Non-Executive Director

Stuart has served as a Director of the Company since September 2014.

Stuart is currently engaged as a consultant by the Manager, responsible for deal origination, structuring
and execution primarily in the unlisted market. He has extensive experience working with both listed and
unlisted vehicles.

Stuart has broad experience in investment banking, funds management and alternative investments and
has held senior roles at BT Funds Management and Zurich Australia.

Stuart is a qualified CA, a Fellow of FINSIA and graduate of the AICD. In addition he holds an MBA from
the MGSM.

Invest with Ellerston Capital

To find out more, contact Ellerston today.

Phone: (02) 9021 7797