CONTACT USPAY MY BILL EN WATER TECHNOLOGIES & SERVICES SPECIALTY PRODUCTS OPERATION & MAINTENANCE INVESTORS ABOUT US Home Investors Leadership & Governance LEADERSHIP & GOVERNANCE H2O Innovation is led by a group of visionaries and entrepreneurs with the common goal of contributing to the development of the water treatment industry by elaborating a unique, customer-focused offering. Since its inception in 2000, it has steadfastly pursued growth through the enhancement of its unique value proposition. By concentrating their efforts on continuous improvement, H2O Innovation offers unique, custom solutions built on years of knowledge and expertise. Together, our three pillars of Water Technologies & Services, Specialty Products, and Operation & Maintenance combine into a robust business capable of unique methods of project delivery like Design-Build-Operate (DBO), which are increasingly common in the water industry. Executive Management Frédéric Dugré, President & CEO (3) Frédéric Dugré graduated in 1996 from Laval University in Quebec City with a Bachelor of Mechanical Engineering. In 2000, he co-founded H2O Innovation with the goal of taking part in the consolidation of the water treatment industry and addressing one of the millennium’s greatest challenges: clean water. Mr. Dugré has more than 20 years of experience in the management, financing, and business development of publicly traded companies. His expertise in financing, business development and marketing of clean technologies as well as his passion for water treatment has greatly contributed to H2O Innovation’s growth. In the past, Mr. Dugré has served as board member of the Canadian Sciences & Technologies Museum in Ottawa. Today, he is supporting entrepreneurship and innovation through the crowd-funding platform La Ruche Québec as provincial board member. Marc Blanchet, CFO Marc Blanchet is a lawyer and was admitted to the Quebec Bar in 2003. At the beginning of his career, Me Blanchet served as a business lawyer, specializing in Mergers and Acquisitions (M&A) and Financing at law firms in Quebec City, Canada and Paris, France. Since joining H2O Innovation in 2007, Marc has served in many capacities in Corporate and Legal Affairs, Finance, and as Corporate Secretary. Since 2015 he holds the position of H2O Innovation’s Chief Financial Officer. Guillaume Clairet, COO (3) Guillaume Clairet holds a Physics Engineering degree from Laval University, an MBA from the University of San Diego, and is a licensed Professional Engineer (PE) in Canada. In his early career, Mr. Clairet worked on projects involving groundwater remediation for the Canadian National Institute of Scientific Research (INRS). Since joining H2O Innovation in 2004, Guillaume has held multiple positions of increasing seniority in project management, sales, business development, and most recently as Executive Vice President. He has served in his current role as Chief Operating Officer of H2O Innovation since 2015 and remains active in many industry associations. Notably, Mr. Clairet has served for several years on the Board of Directors of the International Desalination Association (IDA) and is an active mentor of the Imagine H2O water cluster. Guillaume is also on the Steering Committee of CentrEau (Quebec’s Water Management Research Center based out of Laval University). Gregory Madden, CSO Gregory Madden began his engineering career in the water industry in 1994. After earning his bachelor’s degree in Chemical Engineering from the Colorado School of Mines, he got his start designing and building water treatment systems for beverage plants. Mr. Madden evolved through various positions in the water industry and earned his MBA from the University of Wisconsin in 2004. As part of the H2O Innovation team since 2009, Gregory has grown with the organization in the projects, chemicals, components, and services businesses, most recently as Vice President of Aftermarket Services. In 2020, he was appointed as the company’s Chief Strategy Officer. He is an active member of many industry associations, and currently serves on the Board of Directors of the American Membrane Technology Association (AMTA). Board of Directors & Committees Lisa Henthorne, Chairman of the Board (2) Lisa Henthorne holds a MS in Chemical Engineering from the Colorado School of Mines and a BS in Chemistry from the Missouri State University. Ms. Henthorne has over 25 years of extensive experience in the field of membranes and desalination in seawater, brackish water and wastewater reclamation applications. She served as a Vice President of CH2MHILL, a $6 billion global engineering and construction business, and was their Global Director of Desalination from 2004 to 2008. Over the course of her career, she has led and served as technical advisor on some of the world’s largest desalination projects. She has also worked for the U.S. Bureau of Reclamation, the U.S. State Department and Aqua Resources International, a consulting firm specializing in desalination technology. She is Chief Technology Officer at Water Standard, where she is responsible for directing and developing the technology and design aspects of vessel-based desalination solutions. Ms. Henthorne was elected as the President of the International Desalination Association for the term 2007-2009, after having served on its Board since 1997. Richard A. Hoel, Vice-Chairman of the Board (1) Richard Alan Hoel holds a J.D. from Harvard Law School and a B.A. in Economics from Hamline University. He was a founding partner of Winthrop & Weinstine, a Minneapolis law firm of approximately 85 lawyers. His law practice focused on representing corporate and entrepreneurial clients particularly in the area of buying, restructuring and selling companies. In addition to his law practice, he has been an owner, director, and investor in numerous companies in various industries for over twenty years. As part of this process, he has been personally and professionally involved in the business, tax, securities, and regulatory issues associated with acquisitions, divestitures and restructurings. He has also been the Vice Chairman and long-time Trustee of Hamline University. Louis G. Veronneau, Director (3) Louis G. Véronneau is Executive Vice-President and Chief Transformation Officer at SNC-Lavalin Inc. (“SNC-Lavalin”), a professional services and project management company, since January 2020. Prior to joining SNC-Lavalin, Mr. Véronneau was Senior Vice President, Strategy and Corporate Development from 2018 to 2019, and Vice-President, Mergers & Acquisitions from 2015 to 2018 at Bombardier Inc (aviation and rail transportation). With over 25 years of experience as a securities lawyer, general counsel, investment banker and executive responsible for strategy, corporate development, Mr. Véronneau has a diversified background across several industries. He initially practised securities law at a Canadian law firm before occupying the role of general counsel, and eventually head of strategy and corporate development, at a natural-resource company across North America, Europe and Asia. He later became a Managing Director, Investment Banking at one of Canada’s largest banks, before joining Bombardier, where he participated in a series of transactions aiming at de-risking and streamlining the company’s focus. Mr. Véronneau is a graduate of the University of Montreal and the London School of Economics and Political Science (LSE). He is currently also serving on the Board of the Montreal Symphony Orchestra. Pierre Côté, Director (3) Pierre Côté studied Civil Engineering at L’École Polytechnique (Montreal) and obtained a Ph.D. from McMaster University (Hamilton) in 1986 for a thesis on hazardous waste stabilization. In 1989, he joined Zenon Environmental Inc. to develop membrane-based products and processes where he initiated the development of ZeeWeed®. Dr. Côté currently works as a consultant and advisor with a number of companies in water treatment. Over the 30 years of his R&D career, Dr. Côté has authored some 100 technical publications and obtained more than 77 patents related to membranes and membrane processes. He led a team that won a French Academy of Science prize for a project on nanofiltration in 1995. In 2000, Dr. Côté won the $100,000 Manning Principal Award for the ZeeWeed® technology; the award was shared with co-workers and all Zenon employees. In 2011, he won the L.W.Shemilt Distinguished Alumni Award from McMaster University. Stéphane Guérin, Director (3) Stéphane Guérin CPA, CA holds a B.Comm from the School of Management Sciences (ESG UQAM) . He is also a member of the Canadian Chartered Professional Accountants Association. Mr. Guérin has more than 25 years experience in various senior operational and financial positions. Since 2018, he’s an Equity Partner and EVP of Groupe CT Inc., a Canadian leading company in Print and Document Management Technologies and Solutions. Before that time, he served as the President and Chief Operating Officer for Hewitt Equipment Limited, a major Caterpillar Dealership for Eastern Canada, from 2009 to 2017. During his tenure, the company grew significantly in the Construction, Mining and Energy Segments to reach more than $1.3 billion in Sales with 2500 employees. Before this, he was the Chief Financial Officer at Air Canada Technical Services between 2006 and 2009. Earlier in his career, he held various positions for Rolls-Royce Canada Limited, Bombardier Inc. and Deloitte. In 2001, Mr. Guérin has received the Young CA achievement Award. He is also a current member of the Young Presidents’ Organisation. Currently, he serves on the Board of Private companies and was a Director and Chair of the Strategic Committee for LXR & CO. Frédéric Dugré, Director (3) Frédéric Dugré graduated in 1996 from Laval University in Quebec City with a Bachelor in Mechanical Engineering. In 2000, he co-founded H2O Innovation with the goal of taking part in the consolidation of the water treatment industry and address the millennium main challenge: water. Mr. Dugré has more than 20 years of experience in the management, financing and business development of publicly traded companies. His expertise in financing, business development and marketing of clean technologies as well as his passion for water treatment has greatly contributed to H2O Innovation’s growth. During five years, Mr. Dugré has served as board member of the Canadian Sciences & Technologies Museum in Ottawa. Today, he is supporting entrepreneurship and innovation through the crowd-funding platform the “Ruche-Québec” as a business advisor. René Vachon, Director (1) (2) M. Vachon held the positions of Vice President – Corporate Development as well as Chief Financial Officer at Miranda Technologies for close to ten (10) years, from 2003 to 2012. Previously, from 1995 to 2002, he served as Vice President – Strategy and Corporate Development and Chief Financial Officer at Autostock Inc. and Belron Canada. During his career, Mr. Vachon also held various positions including those related to strategic planning, mergers and acquisitions, finance, IT and human resources. At the present time, Mr. Vachon sits on the Board of Directors of various private companies, for which he is also the Chairman of the Audit Committee. Elisa M. Speranza, Director (2) (3) Elisa Speranza helps purpose-driven organizations succeed so that people, communities, and ecosystems can thrive and prosper. She is passionate about improving the human condition through environmental stewardship, social justice, and organizational excellence. Through her firm Seventh Ward Strategies, LLC, she brings deep operations, management, talent development, governance, and communications experience to bear on each assignment, working to bring multiple stakeholders together to find common ground and solve critical civic challenges. She serves as an independent director and advisor to several companies, organizations, and water utilities. A recognized leader in the water industry, Elisa has spent 30+ years serving in various roles in the government, non-profit, and private sectors. Until 2017, she was an executive and board member for the Fortune 500 global project management firm CH2M (acquired by Jacobs). Before that she worked for several other companies, was Deputy Director of the Massachusetts Water Resources Authority and a Project Manager for the Boston Water & Sewer Commission. She’s a former board member and officer for the American Water Works Association, Water For People, the US Water Alliance, and the Massachusetts Water Works Association, and a longstanding member of the Water Environment Federation and Women Corporate Directors. Elisa earned a master’s degree in public administration from the Harvard Kennedy School and a bachelor’s degree in political science from Boston College. A native Bostonian, she’s lived in New Orleans since 2002 and spends summers in Oak Bluffs, Massachusetts. Leonard F. Graziano, Committees Advisor Leonard F. Graziano held the position of President and CEO of Severn Trent Services, Inc. (« STS ») from 2002 to 2011. STS is a subsidiary of Severn Trent Plc (UK) and provides water and wastewater treatment and operating services to utilities, municipalities and commercial customers around the world. Mr. Graziano was also a board member of Severn Trent Services, Inc. as well as a board member of the National Association of Water Companies. Committees (1) Audit Committee The Audit Committee is responsible for (i) reporting on certain aspects of the overall stewardship of the Corporation as delegated by the Board of Directors, (ii) the oversight of the financial reporting process, and (iii) managing, on behalf of the shareholders, the relationship between the Corporation and the external auditor. (2) Governance, Remuneration and ESG Committee The Corporate Governance, Remuneration and ESG Committee is appointed by the Board of Directors for the purpose of providing oversight, assessment, guidance and/or recommendation to the Board of Directors regarding the following matters: (i) corporate governance affairs, (ii) compensation of the executive officers and Board members, (iii) certain human resources matters including employee benefits and talent management, (iv) risk management, (v) internal controls, (vi) health and safety and vii) general compliance (environmental and other). (3) Strategy, Innovation and Large Projects (SILP) Committee The purpose of the Strategy, Innovation and Large Projects Committee is to assess, and provide guidance to the Board of Directors and the Corporation’s management on, matters of strategic interest for the constant development and improvement of the Corporation’s Operation & Maintenance and Water Technologies & Services business pillars, including the review and overseeing of technology orientations, research and development initiatives and health & safety. This committee also approves certain operation and maintenance contracts and/or certain water and wastewater treatment equipment bids in accordance with its mandate and the Corporation’s Delegation of Authority Policy. Let’s work together! CONTACT US NOW As renowned membrane process technology specialists, we provide custom engineered water systems solutions specific to our clients’ needs. 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