Robert Appel

APG Asset Management US, Inc. (APG US) is a SEC-registered investment advisor and pension fund manager headquartered in New York City. The firm was founded in 1998 and is a subsidiary of APG Asset Management NV (APG NL), ultimately held by Stichting Pensioenfonds ABP, the pension fund for Dutch government employees and other civil service employees. APG US provides investment advisory services to ABP and other Dutch pension funds directly and/or through the Dutch pension funds’ participation in various “fondsen voor gemene rekening” (funds for the joint account of the participants and referred to herein as, “FGRs”) sponsored and controlled by APG NL.

A subsidiary of Lehman Brothers Holdings, Inc., Lehman Brothers, Inc. is a broker/dealer headquartered in New York City. They provide global equity and fixed research. The equity research department covers more than 100 sectors. They use a fundamental, quantitative, strategic and tactical research approach. In addition to these Lehman has also developed special products, such as 10 uncommon values and 10 uncommon eurovalues.