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HUBUS133 Alpha Group Capital HUDSON BAY CAPITAL Senior Management Biographies 1, Paul Sargen Chief Risk Office, Mr. Sargen is the Chief Risk Officer at Hudson Bay Capital Management LP responsible for supporting Sander Gerber, Chief Investment Officer, in overseeing the risk management function across the portfolio. Prior to joining Hudson Bay. Mr. Sargen was a Director in the Quantitative Trading Group at Aristeia Capital, LLC, a convertible arbitrage, astressed debt, special situationlevent-driven hedge fund manager. At Ansteia, Mr. Sargen was involved in all aspects of risk management, from risk identification and systems development to hedge selection and tracing. His experience includes valuing and evaluating a variety of investment products covering most major asset classes, such as convertibles, bank capital, equity options, corporate bonds and preferreds. sovereign debt. CDS, interest rate swaps and futures, and FX forwards and futures. Mr. Sargen received his BA in Economics with a Minor in Mathematics from Stanford University. Steven Petersen Chief Financial Officer Mr. Petersen is Hudson Bay's Chief Financial Officer where he is responsible for managng Hudson Bay's accounting, finance, operations, and financial and tax reporting functions and is also the Chairman of Hudson Bay's Operational Risk Working Group and Valuation Comrrittee. Pnor to joining Hudson Bay, he spent nine years at TPG-Axon as its Chief Financial Officer from 2011 to 2014 and as its Global Controller from 2005 until 2011. While at TPGA, a global hedge fund with peak assets of 316 billion, he built out and managed the operational risk infrastructure, global control, fund accounting. corporate accounting, budgeting and payroll, global tax and regulatory reporting processes. He was also a member of the TPG-Axon Senior Management, Valuation. Treasury and Credit Risk Committees. Prior to joining TPG-Axon, Mr. Petersen served as a Vice President an

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