Board of Directors

Mark Gottfredson has served as our Chairman since June 2025 and our Chief Executive Officer since September 2025. Mr. Gottfredson has also served in several senior leadership positions over more than 40 years at Bain & Company (“Bain”) including as a member of the board of directors of the parent company. Mr. Gottfredson has founded and served as the head of numerous practices at Bain, leading them to become large, significant businesses within the firm. This includes the Global Performance Improvement practice, Complexity Management practice and the Americas Automotive and Mobility practice. In addition, he was the founder of the Dallas Office and the Energy practice at Bain. Over his four decades at Bain, Mr. Gottfredson has advised Chief Executives and boards across a wide range of industries, including companies in our sectors of focus as well as companies in the industrial and consumer industries. Outside of his work at Bain, Mr. Gottfredson was also an active board member for several companies including Vista Outdoors (formerly NYSE: VSTO), TBM Consulting, and Emerge Energy Services. Mr. Gottfredson is also the co-author of “The Breakthrough Imperative” and has written extensively for publications including the Harvard Business Review and The Wall Street Journal amongst other notable business publications. In addition, Mr. Gottfredson serves as a Managing Member of our sponsor.

Frank Bachinsky has served as our Chief Operating Officer and on our board of directors since September 2025. Prior to that, Mr. Bachinsky served as our Chief Executive Officer and Chief Financial Officer. Mr. Bachinsky has over 35 years of investing and operating experience, having spent several years as a C-level executive of several private companies. Mr. Bachinsky also has deep expertise driving sustainable aquaculture development through new technology development, highly scalable business models, and project lifecycle management. Mr. Bachinsky has held various roles at both public and private companies including Chief Executive Officer, Chief Global Development Officer, Vice President of Business Development, Vice President of Marketing, Chairman, and Independent Director. Mr. Bachinsky currently serves as the Chief Executive Officer of Avalor Capital Management 1 LLC. He is also the manager of Anchor Family Holdings LLC. Previously, Mr. Bachinsky served as Chief Global Development Officer at Forever Oceans Corporation from 2017 to 2018, and Vice President of Business Development from 2015 to 2016. From 2008 to 2014, Mr. Bachinsky was Chairman and Chief Executive Officer of Avalor Energy Corporation. Earlier in his career, Mr. Bachinsky served as Managing Partner of Viridian Capital Partners from 1998 until 2002. Mr. Bachinsky has also held positions as Marketing Manager, Corporate Planning Manager, and other consulting titles during his professional career. Mr. Bachinsky previously served on the board of directors of Reliacast, Verticore Technologies, and Off Hollywood Network. In addition, Mr. Bachinsky serves as a Managing Member of our sponsor.

Robert M. Tarola has served as our Chief Financial Officer and on our board of directors since September 2025. Mr. Tarola is president of Right Advisory LLC (“Right Advisory”) in Washington, DC where his firm has provided turnaround and betterment services for clients since 2008. As president of Right Advisory, Mr. Tarola has taken transition CFO roles with multiple organizations, including Howard University, Southcoast Health System, Covenant Health, Good Shepherd Rehabilitation Network, and Redeemer Health. Prior to serving as a CFO and consultant, Mr. Tarola was a Partner with Price Waterhouse LLP (“Price Waterhouse”) where he was employed from 1974 to 1996. During his twenty-two year tenure with Price Waterhouse, he served in a variety of capacities, including Regional Managing Partner for a strategic industry segment in technology and media, a partner in its National SEC Services Group, and an engagement partner for major client accounts. Mr. Tarola served as Chief Financial officer of MedStar Health, Inc. from 1996 to 1999 and W.R. Grace & Co. (NYSE: GRA) from 1999 to 2008. Mr. Tarola’s career spans roles in auditing, corporate finance, governance and consulting. He has extensive experience in the board room and C-suite of public and private companies including serving as a director of Vista Outdoor, Inc. (NYSE:VSTO) from February 2015 to February 2025, a director of Revelyst, Inc. (NYSE:GEAR) from Augus 2024 to February 2025, a director of TeleTech Holdings, Inc. (NASDAQ:TTEC) from 2008 to 2014, a trustee of mutual funds sponsored by Franklin Resources, Inc. from 1996 to 2023, director and board chair of The American Kidney Fund from 2008 to 2018, director an board chair of XBRL International, Inc. 2014 to 2024, a director of the Maryland Association of CPAs from 2005 to 2015, and a member of both the Standing Advisory Group and Investor Advisory Group of the Public Company Accounting Oversight Board (PCAOB) from 2006 to 2021. Mr. Tarola is a Certified Public Accountant and a Chartered Global Management Accountant with active licenses in three states and the District of Columbia.

Prior to his retirement, as Commander of the AF Materiel Command, in Jan 2009, General Carlson was responsible for all US Air Force (“AF”) science & technology research efforts, AF acquisition personnel, AF flight developmental testing and worldwide sustainment of all AF aircraft, communications, computer and weapons systems, including supply chain management and depot & contractor support. He managed an annual operating budget in excess of $7 billion, and his command annually executed $50 billion of additional AF funding. General Carlson served as Vice Commander for a new one-of-a-kind Air Force composite fighter and bomber wing, where he directed the activation of a 3500-person, 74-aircraft organization and oversaw its manning, staffing and directed new construction, finance and training for this diverse combat-ready organization. He then returned to the Pentagon to serve as principal military advisor to the Undersecretary of Defense for Acquisition and then Deputy Secretary of Defense, Dr. John Deutch. He was responsible for coordination of critical national security matters with the Joint Staff, Secretary of Defense and White House Staff. He later served as principle Joint Staff advisor to the Secretary of Defense on the 2001 Quadrennial Defense Review and authored financial options for the first wartime Congressional Supplemental ($38 billion in less than 24 hours) in wake of 9/11 attacks on the United States. Prior to assuming his last AF position, General Carlson left the Pentagon to serve as commander of the AF’s Eighth Air Force where he commanded all AF nuclear and conventional bomber forces and the AF’s intelligence gathering and processing capability. While in command he successfully created the Air Force’s Information Operations management organization. Following his retirement from active duty, General Carlson was asked by the Obama Administration to serve as the seventeenth director of the National Reconnaissance Office. He served from July 2009 through July 2012 providing direction and leadership on the development, construction, launch, and operation the United States’ reconnaissance satellite constellation. He served as a member of the Boards of Directors at Lockheed Martin Corporation from July 2015 to May 2025 and The Benchmark Corporation from July 2017 to October 2021. He currently serves as chairman of Utah State’s Space Dynamics Laboratory Board of Directors. Carlson’s military awards and decorations include the Defense Distinguished Service Medal with oak leaf cluster, Air Force Distinguished Service Medal with two oak leaf clusters, Air Force ROTC Distinguished Alumni Award, the National Intelligence Distinguished Service Award, the DoD Medal for Distinguished Public Service, the James V. Hartinger Award for Distinguished Service in the Field of Military Space, and the Order of the Sword, Air Force Materiel Command.

Mr. Crowley brings 42 years of industry experience and has held key leadership roles in the development, production and deployment of some of the largest and most complex aerospace and defense products, including unmanned and reconnaissance aircraft, launch vehicles, commercial and classified spacecraft, missile defense systems, flight training and logistics, tactical fighters, and air traffic and command and control systems. Mr. Crowley served as President & CEO of Triumph Group (“Triumph”) from January 2016 until July 2025, where he led a team of over 4,800 men and women generating $1.3 billion in sales across over 25 sites who provide systems and aftermarket services for commercial and defense aerospace applications. In this role, Mr. Crowley led a comprehensive turnaround, portfolio restructuring, return to profitable growth and restoration of customer and investor confidence. This included the evaluation or completion of over 12 acquisitions. Mr. Crowley joined Triumph from Raytheon Company (“Raytheon”) where he served as President of Integrated Defense Systems from 2013 until 2015, with annual revenues over $6 billion, and Network Centric Systems from 2010 until 2013. During his time at Raytheon he led 13,000 employees and evaluated or completed six acquisitions. Prior to working at Raytheon, Mr. Crowley held senior leadership positions at Lockheed Martin, including President of their training and logistics business, Executive Vice President of the F-35 Joint Strike Fighter Program and Chief Operating Officer of Lockheed Martin Aeronautics (“Lockheed”). As COO, he was responsible for supporting Lockheed Martin’s key tactical fighter and military transport programs as well as the Advanced Development Programs (Skunk Works®) organization. During his time at Lockheed, Mr. Crowley led 18,000 employees generating $10 billion in sales. Under his oversight, critical franchise aerospace and defense programs have contributed billions of dollars in backlog and revenue to their respective prime contractors in support of domestic and international customers. Mr. Crowley was also key to the integration of Lockheed and Martin Marietta. Dan earned a bachelor’s degree in mechanical engineering and a master’s degree in manufacturing systems engineering from the University of Texas at Austin. He also received a master’s degree in management from Stanford University as a Sloan Fellow. Dan serves as an Independent Director of Knowles Inc., a publicly-traded semiconductor design and manufacturing company, and as a trustee at the American Air Museum in Britain. He is a former member of the University of Texas at Austin Engineering Advisory Board.

Lieutenant General Newton (Ret.) served 34 years in the US Military, culminating as the US Air Force Assistant Vice Chief of Staff. He previously served as Deputy Chief of Staff for Manpower & Personnel and oversaw Global Operations directorate for the Joint Chiefs of Staff. General Newton commanded Minot AFB and the first B-2 Stealth bomber squadron. He currently serves on the boards of Victory Capital Management (NASDAQ: VCTR) and Victory Portfolios III. He was previously Chairman of the Board of the $10 billion for profit Army and Air Force Exchange Service retail global store chain, among others.

Mr. Stern currently serves as a Managing Director at Centre Lane Partners, a private equity firm focused on middle-market companies. Previously, he was a Managing Director at Monroe Capital from May 2014 until April 2021 and was a founding member of KKR’s mezzanine fund in August 2009, helping raise over $1 billion. Earlier in his career, he held senior roles at Blackstone/GSO, Technology Investment Capital, Levine Leichtman, Nomura Securities, Kidder Peabody, and Drexel Burnham Lambert. Mr. Stern was a member of the Board of Directors of AECOM from February 2006 until September 2007. He was also a board member of GreenVison Acquisition Corp from November 2020 until August 2021 and is currently on the Board of Directors of micromobility.com Inc.