Paul F. Moening

Mr. Moening has over 14 years of experience in providing a wide range of corporate financial advisory
services to privately-held and publicly-traded companies in a variety of industries.

At Arias Moening & Co., Mr. Moening is responsible for valuation and transaction analyses in connection
with corporate financings, strategic planning, mergers and acquisitions, estate and gift tax planning and
compliance, Employee Stock Ownership Plans (ESOPs), mergers and acquisitions, and ownership
transition issues.  

Prior to joining Arias Moening & Co. in 2007, Mr. Moening provided a wide range of investment banking
and valuation-related services as a Vice President in merger and acquisitions at the investment-banking
firm of Donaldson, Lufkin & Jenrette (“DLJ”) and its successor, Credit Suisse First Boston (“Credit
Suisse”).  

At DLJ and Credit Suisse, Mr. Moening provided strategic advisory services on transactions involving
privately-held and publicly-traded companies with revenues from $200 million to over $5 billion.  Mr.
Moening was involved in the valuation, marketing and sale of these companies, including the issuance of
publicly-traded securities to finance these transactions. While at DLJ and Credit Suisse, Mr. Moening
also provided fairness opinions on certain transactions.  Mr. Moening managed numerous transaction
teams; conducting due diligence, overseeing the preparation of investment memorandums and
prospectuses, overseeing the preparation of valuation models and pricing analyses, and meeting with
prospective acquirers and financial institutions.

Prior to joining Donaldson, Lufkin & Jenrette in 1998, Mr. Moening was an Associate at Duff & Phelps,
LLC.  At Duff & Phelps, Mr. Moening provided a range of business valuation and corporate financial
advisory services in connection with fairness opinions, corporate financings, strategic planning,
mergers and acquisitions, ESOPs, tax planning and compliance, valuation of intangible assets for
financial reporting purposes, and litigation matters.

Mr. Moening has extensive experience providing investment banking, financial advisory and valuation
services to individuals and businesses in a wide range of industries.

Mr. Moening received his Masters Degree in Business Administration, with a concentration in Finance,
from the University of California at Los Angeles.  Mr. Moening received a Bachelor of Science Degree in
Chemical Engineering from Princeton University, in Princeton, New Jersey.

Mr. Moening is licensed as an NASD General Securities Registered Representative (Series 7).
ARIAS MOENING & CO.
2029 Century Park East
Suite 1400
Los Angeles, CA 90067
ph  (310) 202-8008
fax (310) 202-8216