Brian Gaynor

Milford Asset Management Ltd. (Milford) is an independent specialist investment firm headquartered in Auckland, New Zealand. Founded in 2003, Milford offers clients an extensive range of investment services and products from KiwiSaver, investment funds and private equity to wealth management and advice.

Good Spirits Hospitality Ltd. is an investment company, which engages in the businesses in the hospitality sector. It operates through The Better Bar Company (BBC) and Other segments. The BBC segment involves in the business activities of The Better Bar Company Limited that operates a chain of nine bars based in Auckland and Hamilton. The Other segment includes the activities of the parent company. The company was founded on January 23, 2004 and is headquartered in Auckland, New Zealand.

Milford Funds Ltd. provides investment services. The company was founded on August 3, 2007 and is headquartered in Auckland, New Zealand.

The Company's principal activity is that of an Investment Trust. The objective of the Company is to provide shareholders with the maximum possible total return primarily from investment in quoted securities in New Zealand, and to a maximum extent of 35% of total assets, Australia. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the Inland Revenue as an Investment trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 31-Oct-2005. Investment management services are provided by Exeter Asset Management Ltd for a fee calculated at the rate of 0.4% of gross assets. The agreement may be terminated by either party at one year's notice.

New Zealand Superannuation Fund (NZSF) is a Government of New Zealand investment fund that accumulates and invests Crown contributions. Established under the New Zealand Superannuation and Retirement Income Act of 2001, the NZSF is financed by capital contributions from the Government to assist future Governments to meet the cost of providing retirement income to New Zealanders. With offices in Auckland and Wellington, the Fund's mandate is to invest in a way that maximizes returns without undue risk and avoids prejudice to New Zealand's reputation as a responsible member of the world community. As the cost of providing New Zealand superannuation escalates, the Crown will draw on the Fund to help smooth the impact on their finances. The NZSF is governed by a separate Crown entity called the Guardians of New Zealand Superannuation (Guardians) which is overseen by the Guardians Board, selected by the Minister of Finance for their skills and experience. The Guardians are charged with managing and administering the Fund's assets in a prudent, commercial manner, including establishing the long-term investment objective. The Guardians work with a number of external investment managers around the world to execute the Fund's investment strategy, providing them with necessary skill sets and ensuring diversification by asset class, geographic market, sector and investment style. NZSF acts as a responsible investor, promoting positive environmental, social and governance behavior.

Turners Group NZ Ltd. operates auctions for motor vehicle and commercial goods in New Zealand. The firm operates through three business segments: Auctions, Fleet and Finance. The Auctions segment consists of remarketing of used vehicles and commercial goods. The Vehicle sales include trucks, damaged insurance salvaged vehicles, light commercial vehicles and passenger cars. The Commercial sales include surplus equipment such as heavy plant and machinery, police and custom seized goods, liquidator sales, catering equipment, computers and furniture. The Fleet segment consists of purchase of motor vehicles and commercial goods for resale. This segment is a Licensed Motor Vehicle Trader that sources imported vehicles and general goods for auction mainly from Japan. The Finance segment is the provider of motor vehicle finance to auction customers. It serves private vendors and buyers, lease car companies, rental car companies, car dealers, vehicle importers, insolvency experts, insurance companies, finance companies, and commercial fleet owners. The company was founded in 1967 and is headquartered in Auckland, New Zealand.

Milford Asset Management (Private Equity) (Milford Asset Mgnt) is a private equity firm founded in 2003. The firm is headquartered in Auckland, New Zealand.