David F. Holstein

Capital Research & Management Co. (Global Investors), dba Capital Research Global Investors (CRGI), is an investment advisor headquartered in Los Angeles, California. The firm is a division of Capital Research & Management Co. (CR&M), the original company of the Capital Group Companies, which was founded in 1931 by Jonathan Bell Lovelace. In 2008, CR&M disaggregated their equity investment operations to become known as Capital Research Global Investors and Capital World Investors. Capital World Investors is the retail entity of the Capital Group. Institutional management services in North America are provided by Capital Guardian. Institutional management services are provided globally by Capital International.

J.C. Penney Corp., Inc. operates retail departmental stores. The company provides merchandise and services to consumers through the department stores, catalogues, and Internet. It markets family apparel, jewellery, shoes, accessories, toys, and home furnishings. The company was founded in 1902 and is headquartered in Plano, TX.

Capital Guardian Trust Co. (CGTC) is a registered investment advisor headquartered in Los Angeles, California. The firm is a wholly-owned subsidiary of Capital Group International, Inc., ultimately held by The Capital Group Cos., Inc. The Capital Group Companies form one of the most experienced families of investment management firms in the world, dating to 1931, and have always been privately held. CGTC was chartered in 1968 under California banking laws as a non-depository trust company. They provides investment management and advisory services to large corporate and public pension plans, financial institutions, registered investment companies, endowments and foundations, foreign investors, and certain affiliated companies. In addition, the firm serves as the investment advisor to the trustee for privately-offered collective investment trusts that are exempt from SEC registration. CGTC also provides investment management to individuals, corporations, foundations, trusts and other investors through wrap fee programs or separate account client programs. The firm provides investment management and trust services to high net-worth individuals and trusts through the Capital Group Private Client Services (CGPCS) division.

General Motors Investment Management Corp. (GMIM) is a pension fund manager headquartered in New York City. The firm was founded in 1990 and is a wholly-owned subsidiary of General Motors Asset Management Corp., a holding company that is wholly-owned by General Motors Co. (NYSE: GM). Their clients largely consist of GM-affiliated pension plans (defined benefit and defined contribution employee benefit plans, including ERISA plans), for which GMIM serves as named fiduciary for investment purposes. Other clients includes a registered closed-end investment company, a charitable organization, private investment funds, and certain other governmental and financial entities.