Anthony L. Arnerich

Non-Executive Director

Mr. Arnerich’s experience in the investment industry spans more than 30 years, during which he served as an investment executive and helped found the Investment Management Consulting Group of Dain Bosworth. In prior years, he owned and managed businesses in the Pacific Northwest.

He founded Arnerich Massena in 1991 to provide independent, unbiased investment advice with a focus on quality research, innovation, and client service. Arnerich Massena is a Portland-based independent, employee-owned investment advisory firm servicing endowments, foundations, private clients, charitable organisations, trusts and estates, and corporate retirement and profit sharing plans. As chief executive officer for more than 25 years, Tony has directed the development of the firm, managing strategic growth and firm direction. Under Tony’s guidance, Arnerich Massena has been a pioneer in the investment industry, bringing innovation to portfolio construction for private clients, foundations, and endowments. The firm has been a frontrunner and early adopter in implementing alternative strategies, capturing global market opportunities, and incorporating sustainable investment themes.

Mr. Arnerich earned a Bachelor of Arts from Santa Clara University. He is also a former FINRA Series 7, 63, and 24 license holder.

Anthony Arnerich has been a Board Member since September 2011. Anthony Arnerich is independent in relation to the Company and the Executive Management and affiliated with 3×5 Group (a major shareholder of the Company).

Anthony Arnerich owns no shares or options in the Company.