Directors

RODNEY T. COX became a Director on 10 July 2015. Dr. Cox is Chairman of the Board and Chief Executive Officer of the Company. He is also a Director, Chairman of the Board and Chief Executive Officer of Borealis Exploration Limited since 27 December 1978 and holds the same positions in the following companies: Avto Metals plc, 6 October 2004; Chorus Motors plc, 21 December 1999; Cool Chips plc, 21 December 1999; Faraway plc, 21 December 1999; Photon Power plc, 23 March 2000; Power Chips plc, 23 March 2000 and also 12 additional affiliated companies, wholly or partially owned, direct or indirect, since prior to 2005, except for WheelTug plc where he is Chairman of the Board since 09 February 2005.

Dr. Cox is also a council member of 12 charitable foundations, one of which owns an entity that, in turn, owns in excess of 27% of the outstanding shares of Borealis Exploration Limited. Dr. Cox has no ownership interest in these charitable foundations. Except from Borealis Exploration Limited, to-date, he has not received any remuneration or reimbursement for any services performed on the behalf of the foundations nor any other Borealis family company. Rodney T. Cox beneficially owns directly or indirectly 1 share of Roche Bay plc.

WAYNE S. MARSHALL became a Director of the Company and Chairman of the Executive Committee on 10 July 2015. He is Professor Emeritus of Business Administration at Long Island University. He is also a Director of Borealis Exploration Limited and Chairman of the Audit Committee since 11 September 1985 and holds the same positions in the following companies since the date noted; Avto Metals plc, 06 October 2004; Chorus Motors plc, 21 December 1999; Cool Chips plc, 21 December 1999; Faraway plc, 5 October 2004; Photon Power plc, 23 March 2000; Power Chips plc, 23 March 2000 and WheelTug plc, 09 February 2005. In addition, Dr Marshall has been serving as a Director of 12 additional affiliated companies, and Chairman of the Executive Committee, all wholly or partially owned, direct or indirect, since prior to 2005.

In addition, Dr. Marshall is a council member of 12 Gibraltar charitable foundations, since prior to 2005, one of which owns an entity that, in turn, owns in excess of 27% of the outstanding shares of Borealis Exploration Limited. Dr. Marshall has no ownership interest in these charitable foundations, and receives no remuneration from any Borealis entity. Wayne S. Marshall beneficially owns directly or indirectly 28,249 shares of Roche Bay plc.

ISAIAH W. COX became a Director of the Company on 10 July 2015. Mr. Cox is President and Chief Operating Officer of the Company. He is also a Director and holds the same positions in the following companies: Borealis Exploration Limited since 15 February 1994; Avto Metals plc, 6 October 2004; Chorus Motors plc, 21 December 1999; Cool Chips plc, 21 December 1999; Faraway plc, 28 April 2003; Photon Power plc, 23 March 2000; Power Chips plc, 23 March 2000 and WheelTug plc, 9 February 2005. In addition, Mr. Cox has been serving as a Director of 12 additional affiliated companies, wholly or partially owned, direct or indirect, since prior to 2005. Mr. Cox is Chief Executive Officer of WheelTug plc, a direct subsidiary of Chorus Motors plc, a indirect subsidiary of Borealis Exploration Limited.

Isaiah Cox is a council member of 12 charitable foundations, since prior to 2005, one of which owns an entity that, in turn, owns in excess of 27% of the outstanding shares of Borealis Exploration Limited. Isaiah W. Cox has no ownership interest in these charitable foundations, and to-date has not received any remuneration or reimbursement for any services performed on their behalf. Isaiah W. Cox beneficially owns directly or indirectly 24,882 shares of Roche Bay plc.

ASHER P. COX became a director on 18 May 2016. Asher attends McGill University and has worked for and on behalf of the Borealis family of companies for the past 2 years. Asher P. Cox owns directly or indirectly 647 shares of Roche Bay plc.