Mr. Badavas, 69, retired in August 2016 as Chairman and Chief Executive Officer of PlumChoice, a venture-backed technology, software and services company (since December 2011). He was appointed Interim Chairman of the Board in March 2019 and Chairman in July 2019. He has served as a director on our Board since March 2006. His term expires in 2023. Business Experience: - President, Petros Ventures, Inc., a management and advisory services firm (2009-2011 and since 2016) - President and Chief Executive Officer at TAC Worldwide, a multi-national technical workforce management and business services company (2005-2009) - Executive Vice President and Chief Financial Officer, TAC Worldwide (2003-2005) - Senior Partner and Chief Operating Officer, Atlas Venture, an international venture capital firm (2001-2003) - Chief Executive Officer at Cerulean Technology, Inc., as venture capital backed wireless application software company (1995-2001) - Certified Public Accountant, PwC (1974-1983) Public Directorships: - Constant Contact, Inc., including chairman of the audit committee, a provider of email and other engagement marketing products and services for small and medium sized organizations, acquired by Endurance International Group Holdings, Inc. (2007-2016) Private Directorships: - Polyvinyl Films, Inc., director, a leading manufacturer and distributer of food-grade film products for consumer, retail, and food-service markets worldwide (since 2019) Prior Directorships: - PlumChoice, a venture-backed technology, software and services company - Arivana, Inc., a telecommunications infrastructure company-publicly traded until its acquisition by SAC Capital - On Technology, an IT software infrastructure company-publicly traded until its acquisition by Symantec - Renaissance Worldwide; an IT services and solutions company-publicly traded until its acquisition by Aquent Other Experience: - Trustee Emeritus, Bentley University (2005-2019); Board Chair (2018-2019); Vice Chair (2013-2018) - Board of Trustees Executive Committee and Corporate Treasurer, Hellenic College/Holy Cross School of Theology (2002-2018) - Trustee Emeritus, The Learning Center for the Deaf; Board Chair (1995-2005) - Master Professional Director Certification, American College of Corporate Directors - National Association of Corporate Directors - Annunciation Greek Orthodox Cathedral of New England, Parish Council President (since 2016) Education: - Bachelor's degree in Accounting and Finance from Bentley University Skills/Qualifications: Mr. Badavas' key areas of skill/qualifications include, but are not limited to: - Client Industries-extensive experience in software, business and technology enabled services and venture capital - Leadership/Strategy-significant experience as a senior corporate executive in private and public companies, including tenure as chief executive officer, chief financial officer and chief operating officer - Finance, IT and Other Business Strategy and Enterprise Risk Management-prior experience as a CEO directing business strategy and as a CFO directing IT, financing and accounting, strategic alliances and human resources and evaluation of enterprise risk in such areas - Enterprise Risk Management-experience in managing enterprise risk as CEO - Governance-extensive experience as an executive and director of private and public companies with governance matters - Strategic Planning-experience with senior executive level strategic planning for publicly-traded companies, private companies and/or non-profit companies - Mergers and Acquisitions-experience with public and/or private company M&A both in identifying targets and evaluating potential targets, as well as post-acquisition integration activities.

Source: Hercules Capital, Inc. on 04/29/2022