John M Kaestle 7617 West Mercer Way Mercer Island, Wa 98040 425-445-6585 PROFESSIONAL EXPERIENCE HaloSource, Inc., Bothell, Washington 2004-2011

CEO and Board of Directors, Water Technologies and Anti-Microbial Solutions

Borden Chemical, Columbus, Ohio

GM and EVP, Forest Products Chemicals & Resins Business

2001-2003 Weyerhaeuser, Inc., Tacoma, Washington 1981-2001

CFO, VP Sales and Logistics, General Manager, Containerboard Packaging

Arthur Andersen Consulting, Hartford, Connecticut

Senior Consultant

1977-1979 EDUCATION MBA, Tuck School Dartmouth College BA, Haverford College

HaloSource, Inc

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Company

Global Water Technologies (Drinking, Environmental and Recreational) and anti-microbial textile solutions with operations in US, India, and China.

Positions Held

– President and CEO and Board of Directors

Accomplishments

– Led transformation from research lab to fully commercial company – Commercialized core technologies into value creating products and built out sales channels – Built out operations and supply chains in India, China, Pakistan, Israel, Brazil – Raised $140M in private and public capital – Took public in London in 2010 (over-subscribed IPO) $160M market cap

Results

– Grew Revenue 5X – Established cost effective supply chains and operations – Established international partnerships in India, China, Pakistan, Israel, and Brazil.

Borden Chemical, Inc

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Company

$900M Global Forest Products Chemicals, Resins and Adhesives business with 2,100 employees, 37 operations in 9 countries.

Positions Held

– EVP and GM Global Forest Products Business reporting to the CEO and Board

Accomplishments

– Led turnaround of global operations- Brazil, US, Canada, Australia, Malaysia, China, UK, Netherlands, Chile, Columbia – Leveraged technology to grow business and re-establish profitability

Results

– Grew revenues by 25% – – Reduced operating costs by 30% Increased Operating Profit by 30%

Weyerhaeuser Co

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Company

Global $4.5B Containerboard, Packaging and Recycling business with 12,000 employees in 100+ operations.

Positions Held

– VP ContainerBoard Sales and Logistics – – Board of Cedar River Paper Co (JV) Chief Financial Officer – General Manager (2 facilties)

Accomplishments

– Integrated two major acquisitions – Rationalized transfer pricing – Implemented trades to optimize trim, grade mix, freight, quality – Successfully completed $105M ERP project that had twice failed

Results

– Record operating results

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North America Operating Locations

– US – Canada (BC, Alberta, Ontario, Quebec)

Products

– Containerboard – Packaging – Recycled Materials – Resins and Adhesives – HCHO Formalin – Environmental water treatment solutions – – Point-of-Use Drinking Water Recreational Water – Anti-microbial Textiles

Channels

– B2B (Industrial, Commercial, VAR’s and Distributors) – B2C (Retail, Manufacturing Partners, and Distributors)

Latin America

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Operating Locations

– Mexico – Brazil – Argentina – Chile – Costa Rica – Venezuala – Columbia

Products

– Containerboard – – Packaging Resins and Adhesives – HCHO Formalin – Environmental water treatment solutions – Point-of-Use Drinking Water

Channels

– B2B (Industrial, commercial, and Distributors) – B2C (Partners, and Distributors)

Asia Pacific

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Operating Locations

– China – India – Japan, Korea – Singapore – Malaysia – Australia – Pakistan

Products

– Containerboard – – Packaging Recycled Materials – Resins and Adhesives – HCHO Formalin – Environmental water treatment solutions – Point-of-Use Drinking Water – Recreational Water – Anti-microbial Textiles

Channels

– B2B (Industrial, Commercial, VAR’s and Distributors) – B2C (Retail, Manufacturing Partners, and Distributors)

European Union

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Operating Locations

– UK – Netherlands – France – Israel

Products

– Containerboard – Resins and Adhesives – HCHO Formalin – Recreational Water – Point-of-Use Drinking Water

Channels

– B2B (Industrial, Commercial, and Distributors)

Other Background

• • • • • • • • • • Acquisitions Divestments 90 Day Integrations Joint Ventures International Partnerships Intellectual Property and Protection Strategies $105M ERP System London IPO with Blue Chip Investors Extensive Board and Governance Experience Regulatory Processes- US and International

Financial Background

• Financial Roles – – – – – – CEO HaloSource- led thru full commercialization and successful IPO, trained the CFO Led Borden Chemical ($900M private global chemical co, owned by KKR) CFO Containerboard Packaging and Recycling (Weyerhaeuser Co) Finance and Planning Director Containerboard Packaging (Weyerhaeuser Co) Investment Analyst Investment Evaluations (Weyerhaeuser Co) Senior Consultant Arthur Andersen & Co (Software, General consulting, cost management)

Financial Background

• Capital/Fundraising – – – Raised $140M in private and public capital- VC’s, angels, PE, Sovereign Wealth Funds, Private Co investments, pre-IPO, and convertible debt Completed successful IPO in London in 2010 (over subscribed by 3X) Assembled blue chip investor base- Invesco Perpetual, Investec Asset Management, Baille Gifford, Foreign and Colonial, Fidelity, Origo Partners, Masdar Cleantec Fund, Britannia Holdings, Mars Corporation, Unilever • Banking – Established international company structure to manage liabilities and minimize tax exposures- Hong Kong, India, China, Brazil – Established and managed national and international banking relationships in India, China, US

Financial Background

• Acquisitions – – – Mead/Westvaco Containerboard Plants Willamette Containerboard system AquaPill bolt-on • Integrations – Completed 90 day integration of Westvaco plants into Weyco system – Oversaw integration of AquaPill business into core HaloSource Recreational Water business • Divestitures – Sold bulk chitosan mfg business to Primex in Iceland – Sold bio-medical PAD business to supply chain partner

Financial Background

• • • Financial Planning and Analysis – Key Metrics and scorecards – – Results and Analysis Forecasts and Business Planning, Annual Budgeting and Planning process – Quarterly Review and Forecasting Processes – Management Accounting and Analysis Internal Controls – Led Internal Audit function – Led “special investigations” and prosecutions – – Designed and implemented risk based controls Familiar with Sarbox compliance and 404 – Strong background in FCPA IT – – – Led $105M ERP system build and implementation for 8000 users, 65 plants- on time, on budget, after 2 prior failures Led Containerboard Packaging and Recycling IT function Built first global user support center (24x7)

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Financial Background

Capital Budgeting – Evaluations and presentations of major capital projects and expansions – M&A and financings – Built operations in Mexico, China (2), India, Brazil Reporting – Lead Company spokesperson to analyst community for earnings calls and business updates – Monthly Board Letters and analyses – Annual Reports to shareholders Board presentations and communications – Monthly and Quarterly reporting – Business presentations and analyses – Led strategic discussions and sponsored major initiatives including country and market entries, major commitments to new operations Investor relations – Numerous meetings and conference calls in London, Singapore, Beijing, and New York – Served on 10 public and private Boards – – Annual Shareholder’s meetings Angels, Venture (VC’s), Private Equity, Private Cos, Sovereign Wealth and SRI Funds, Institutional Investors

Financial Background

• • Board roles – – – – Public Company Private Company Joint Ventures Community and non-profit Community Service – Led highly successful United Way Campaign – – – – Economic Development Chamber of Commerce Rotary International Retail Business Improvement District (Led creation and implementation) – Youth Football and Basketball coaching

Personal Background

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Married

– Born in Watertown, NY – Lived in Connecticut, Massachusetts, Pennsylvania, New York, Wisconsin and Washington – Three sons

Interests:

– Hiking and backpacking – Youth Football Coaching – Community Service – Weight lifting and Fitness – Fishing and crabbing

Community Service

– Chamber of Commerce – Economic Development – United Way – Rotary International – Retail BID Initiative