Edward Cespedes. Edward Cespedes is the Founder and Chairman of MaxTrust, LLC. Mr. Cespedes has been the Chairman of EAC Management, LLC, a privately held investment company with past and present investments in various publicly traded and privately held companies since 2009. In 2019, Mr. Cespedes founded VMS Medallion, LLC, now the second largest online provider of medallion signature guarantees in the world. From 2011 to 2018, Mr. Cespedes served as Chairman and Chief Executive Officer of Basanite, Inc. (formerly PayMeOn, Inc.). Prior to becoming Chairman and Chief Executive Officer, he was the founder and Chief Executive Officer of Hyperlocal Marketing, LLC. Mr. Cespedes served as the Vice Chairman of Tralliance Registry Management Corporation, the company that manages the .travel domain for the global Internet from 2009 until its sale in 2018. Prior to becoming Vice Chairman, Mr. Cespedes was Tralliance’s Chief Executive Officer from 2006 through 2009. Mr. Cespedes formerly served as President and as a member of the Board of Directors of theglobe.com (formerly Nasdaq: TGLO) beginning in 1997. Mr. Cespedes also served as theglobe.com’s Chief Financial Officer. Mr. Cespedes is also the President of E&C Capital Ventures, Inc., the general partner of E&C Capital Partners LLP. Mr. Cespedes served as the Vice Chairman of Prime Ventures, LLC, from May 2000 to February 2002. From August 2000 to August 2001, Mr. Cespedes served as the President of the Dr. Koop Lifecare Corporation (formerly Nasdaq: KOOP) and was a member of the Company’s Board of Directors from

January 2001 to December 2001. From 1996 to 2000, Mr. Cespedes was a Managing Director of Dancing Bear Investments, Inc., a private investment company. Concurrent with his position at Dancing Bear Investments, Inc., from 1998 to 2000, Mr. Cespedes served as Vice President for corporate development for theglobe.com where he had primary responsibility for all mergers, acquisitions, and capital markets activities. In 1996, Mr. Cespedes was the Director of Corporate Finance for Alamo Rent-A-Car. From 1988 to 1996, Mr. Cespedes worked for J.P. Morgan and Company, where he focused on mergers and acquisitions. He is the founder of the Columbia University Hamilton Associates, a foundation for university academic endowments. Mr. Cespedes is also a past member of the Board of Governors for the H. Wayne Huizenga School of Business and Entrepreneurship at Nova Southeastern University and an honorary board

member of the Special Olympics of Broward County. Mr. Cespedes received a Bachelor’s degree from Columbia University in 1988. Mr. Cespedes has led or been involved with various successful ventures (exits) during his career, including:

•  Leading the largest single-day returning initial public offering at the time:  theglobe.com 

         (NASDAQ:  TGLO).  Increase of 600%+ on first day of trading)

•  The sale of Alamo Rent A Car to AutoNation (NYSE:  AN) for $625 million
•  The sale of webmillion to L90 (formerly NASDAQ:  LNTY) for $25 million
•  The sale of Nantucket Nectars to Ocean Spray (Amount Undisclosed)