Iain Watson

Director

Mr. Watson is a member of the Investment Committee as a representative of HAL Holding N.V. (“HAL”) and is a non-Executive Director of Navis.

Mr. Watson owns and manages Watson Capital, a hedge fund which he established in 2001. He was formerly a member of the executive board of HAL Holding N.V., an international investment company with US$6.1 billion in net assets, which he joined in 1993. Prior to joining HAL, Mr. Watson was a partner of The Boston Consulting Group.

Mr. Watson holds a Bachelor of Arts degree from Cambridge University and an MBA from Harvard Business School.