BOARD OF DIRECTORS

Philip has over 30 years experience in the utilities sector. From 1997 to March 2007, Philip was Managing Director of East Surrey Holdings, the mid-cap water and gas utilities business. Until March 2010, Philip was full time operational adviser to The Infrastructure Partnership. He is also an operational adviser for JO Hambro Capital Management Group which manages the Trident Private Equity funds. Philip is the nonexecutive chairman of the gas main laying contractor Forefront Group Limited and is a non-executive director of the CLH Group (Compania Logistica de Hidrocarburos) which owns and operates Spain’s refined fuel pipelines and the associated storage and distribution facilities.

John is a qualified accountant and has over 30 years of senior management experience in the energy sector. John was Chief Executive Officer and Managing Director of Corona Energy Limited, one of the UK’s largest independent suppliers of gas to industrial and commercial customers, from 1999 to 2007 and oversaw the acquisition of Corona Energy Limited by Macquarie Bank in 2006. Since 2007 John has acted as an independent consultant providing strategic, process, management and risk identification advice to a number of major multi-national energy companies in the UK and Europe.

Marcus is a Chartered Accountant and has more than 15 years’ experience in corporate finance and operational finance roles with public companies and SME’s. Marcus spent 8 years from 2001-2009 with KCOM Group plc where he held a succession of finance and commercial roles, including 3 years as their Group Financial Controller and latterly as Finance Director of their national business-to-business telecoms service provider.

From 2009 to 2010 he was Group Finance Director at Masternaut UK Ltd and in 2010 he founded MaxAim LLP with four other partners to provide strategic, financial management and corporate finance advice to PLCs and SMEs.

Marcus joined Fulcrum in March 2011 and was appointed to the board in July 2011.

Mark has a BA (Hons) from London University and since 1998 he has advised the boards of UK and other public companies. Mark worked for Matrix Strategic Research Ltd as a management consultant from 1995 to 1999 and as a freelance consultant from 1999 to 2000, during which time Mark provided financial analysis and was responsible for strategic development projects for several listed and unlisted companies. In 2000, Mark founded Marwyn and is currently a Managing Partner of Marwyn Investment Management LLP and Marwyn Capital LLP. Whilst at Marwyn, Mark has specialised in advising small-cap listed and unlisted companies on strategy and business planning and has overseen a number of transactions, raising an aggregate equity of close to £1.2 billion in acquisition funding. Mark has been a director of several AIM-listed companies including Inspicio plc and Talarius plc and is currently director of, amongst others, Melorio plc, Silverdell plc, Advanced Computer Software plc and Entertainment One Ltd.

Stephen has over 30 years’ experience in the energy and utilities sectors. He began his career with Shell in marketing and trading, before becoming head of risk management in oil trading in 1986. He then joined Mitsui & Co Inc as an oil trader before moving to Amerada Hess, a global energy company, where he managed its oil trading operations. He then became head of Amerada’s UK gas business unit, which became a major supplier to UK businesses. From 1992 to 1997 he was Managing Director of Energy Supply at Seeboard plc. Since then, Stephen has held board positions in numerous companies, including Ferguson International, the International Petroleum Exchange (now ICE Futures), the Council for Registered Gas Installers (CORGI), and Chairman of AIM-listed Star Energy, the gas storage and onshore oil and gas producer. Stephen is currently Chairman of President Petroleum Company PLC, also AIM-listed, and a non-executive Director of TQ Group. Stephen has a degree in Economics and Business Studies and is a member of the Institute of Directors and the Energy Institute.