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l College of Physicians of Edinburgh and a Fellow of the Faculty of Pharmaceutical Physicians. DACART CAPITAL LLC EFTA_R1_01138847 EFTA02295573 Advisory Board Pamela R. Contag, Ph.D. Dr. Contag most recently served as Founder and CEO of Cobalt Technologies, Inc. a venture- backed biofuels company, and rai
and she is a founding Board Member of the Startup America Foundation. Howard Men Mr. Pien most recently served as Chairman of the Board and CEO of Medarex, Inc. from 2007 to its acquisition by Bristol Myers Squibb Company in September 2009. Prior to that, he was a private consultant from 2006 to 2007. Prior
balt Biofuels Mar-07 II ,„„-13 Series B Series E $17M $117M 4) cr 1 .UU nn 36.2% IRR 4)O& / nn .OO DiNGART C_APIIAL LL, EFTA00506151 Advisory Board Thomas Shenk, • Dr. Shenk is the Elkins Professor in the Department of Molecular Biology at Princeton University. Professor Shenk is the recipien
nd she is a founding Board Member of the Startup America Foundation. Howard Pien Mr. Pien most recently served as Chairman of the Board and CEO of Medarex, Inc. from 2007 to its acquisition by Bristol Myers Squibb Company in September 2009. Prior to that, he was a private consultant from 2006 to 2007. Prior
ly • Competitive fees — 2%/20% Target >25% ROI for the portfolio. 3x return in 5 years, 5x return in 7 years DACARI CAPI I AL LL, EFTA00506197 Advisory Board Thomas Shenk, • Dr. Shenk is the Elkins Professor in the Department of Molecular Biology at Princeton University. Professor Shenk is the recipien
nd she is a founding Board Member of the Startup America Foundation. Howard Pien Mr. Pien most recently served as Chairman of the Board and CEO of Medarex, Inc. from 2007 to its acquisition by Bristol Myers Squibb Company in September 2009. Prior to that, he was a private consultant from 2006 to 2007. Prior
Entities connected to both Advisory Board and Medarex, Inc.

the Board of Directors
ORGANIZATION
Kansas
LOCATION
Target
ORGANIZATIONSilicon Valley
LOCATIONMerck & Co.
ORGANIZATION
Basel
ORGANIZATION
Elkins
PERSONInvestigatorship
ORGANIZATIONBiosecurity
ORGANIZATIONStrategic Product Development
ORGANIZATIONCell Genesys'
ORGANIZATIONBiolitec Pharma Ltd.
ORGANIZATIONQuantanova
ORGANIZATIONthe University of St. Andrews
ORGANIZATIONthe Faculty of Pharmaceutical Physicians
ORGANIZATIONCobalt Technologies, Inc.
ORGANIZATIONXenogen Corporation
ORGANIZATIONMicrobiology and Engineering
ORGANIZATIONBristol Myers Squibb Company
ORGANIZATIONGlaxoSmithKline plc
ORGANIZATION