continuous investment management and will be subject to supervisory review by Mr. Panayotis Sparaggis, Alkeon's Managing Member. Mr. Sparaggis and Steven M. Ahn are the co-portfolio managers for the Global Alpha funds. Matters generally reviewed include adherence to guidelines established by Alkeon relating

World Markets Corp.; Portfolio Manager 1997-1999 CIBC Oppenheimer Corp.; Portfolio Manager 1995-1997 Oppenheimer & Co., Inc.; Portfolio Manager Steven M. Ahn, born 1977. Education 1999 University of Michigan; B.B.A., Finance and Accounting Business Background 2004-Present Alkeon Capital Management, LLC

continuous investment management and will be subject to supervisory review by Mr. Panayotis Sparaggis, Alkeon's Managing Member. Mr. Sparaggis and Steven M. Ahn are the co-portfolio managers for the Global Alpha funds. Matters generally reviewed include adherence to guidelines established by Alkeon relating