TEAM BOARD OF DIRECTORS CORPORATE STAFF Steven L. Kiel EXECUTIVE CHAIRMAN Mr. Kiel is the founder and chief investment officer for Arquitos Capital Management. He is also the portfolio manager of Arquitos Capital, a value-oriented private investment fund. Mr. Kiel was a judge advocate in the Army Reserves and is a veteran of Operation Iraqi Freedom, retiring in 2021 with the rank of Major. Previously, Mr. Kiel was an attorney in private practice. Mr. Kiel is a graduate of George Mason School of Law and Illinois State University and is a member of the bar in Illinois (inactive) and Washington, DC. Jeremy K. Deal VICE CHAIRMAN Mr. Deal is the founder and chief investment officer for JDP Capital Management. He manages a private value-based investment fund that invests in undervalued publicly traded companies that are out-of-favor, distressed, or undergoing a significant growth transition. Prior to launching JDP Capital Management, Mr. Deal worked in private equity and co-founded two companies in the wireless home security and hotel energy management industries. He earned a Bachelor of Science in business and international relations from Alliant International University. Keith D. Smith Mr. Smith is the portfolio manager for the Bonhoeffer Fund, a private investment fund that utilizes value-oriented investment principles. Mr. Smith brings more than 20 years of valuation experience, most recently with Empire Valuation Consultants. Prior to Empire, he was at PwC, Management Consulting & Research, and served as a captain in the U.S. Air Force. Mr. Smith holds an MBA from University of California – Los Angeles and a Bachelor of Science in Electrical Engineering from Union College. Mr. Smith is a CFA® charterholder. Thomas Braziel Mr. Braziel is the co-chief executive officer and co-chairman of the board of directors for Winland Holdings Corporation. He is also the managing partner of 507 Capital, an investment management firm that manages capital for high net worth individuals and institutions through a private investment partnership and separately managed accounts. Mr. Braziel holds a Masters of Arts in mathematics of finance from Columbia University and a Bachelor of Science in mathematics and economics from New York University. Alea Kleinhammer Ms. Kleinhammer is the Chief Financial Officer for Enterprise Diversified, Inc. and works closely with company subsidiaries as part of the financial reporting process. Ms. Kleinhammer holds an active CPA license in the state of Virginia and has multiple years of experience working in the public accounting sector. Ms. Kleinhammer earned a Bachelor of Arts in Accounting from the University of Maryland at College Park. Enterprise Diversified | info@enterprisediversified.com 1518 Willow Lawn Drive, Richmond, VA 23230