Board of Directors Listing

George J. Butvilas

Chair, Board of Directors

President

Quincy Hill Advisors LLC

Houghton, MI

Dale Elliot

Vice Chair, Board of Directors and Committee Chair, Investment

President/CEO

FCM Advisors Group LTD

Dr. Glenn D. Mroz

Dr. Glenn D. Mroz

President, Board of Directors

President of the Michigan Tech Fund

Michigan Tech

Houghton, MI

Paul Fernstrum

Board of Directors

President & Chairman of the Board

R.W. Fernstrum & Company

Menominee, MI

David Reed

Board of Directors

Vice President for Research

Michigan Technological University

Houghton, MI

Bob Jacquart

Board of Directors

Chief Executive Officer

Jacquart Fabric Products

Ironwood, MI

Linda Kennedy

Board of Directors

Shareholder and IP Attorney

Butzel Long PC

Troy, MI

Terry Woychowski

Board of Directors

Vice President

NA Test Operations for Link Engineering

Dearborn, MI

David M. Rowe

Board of Directors and Committee Chair, Finance and Audit

Manager

Systems Control

Houghton, MI