Penn State Investment Council (PSIC) MEMBERS EX OFFICIO Joseph M. Cullen CHIEF INVESTMENT OFFICER OFFICE OF INVESTMENT MANAGEMENT Mary Lee Schneider MEMBER PSU BOARD OF TRUSTEES CHAIR, SUBCOMMITTEE ON FINANCE & INVESTMENT David M. Kleppinger CHAIR PSU BOARD OF TRUSTEES CHAIRMAN EMERITUS McNEES WALLACE & NURICK Dr. Sara F. Thorndike CHAIR OF PSIC SENIOR VICE PRESIDENT FOR FINANCE AND BUSINESS/ TREASURER, MEMBERS AT-LARGE Randy E. Black (2025) Member PSU Board of Trustees CEO AND PRESIDENT FIRST CITIZENS COMMUNITY BANK James P. Brandau (2025) MANAGING DIRECTOR WILLIAM BLAIR Barbara L. Doran (2023) EMERITA MEMBER PSU BOARD OF TRUSTEES CEO/CIO BD8 CAPITAL PARTNERS Blake Gall, CFA (2024) FOUNDER AND PRESIDENT MICROPLUSPLUS J. Alex Hartzler (2023) MANAGING PARTNER AND FOUNDER WCI PARTNERS, LP Edward R. Hintz (2024) PRESIDENT HINTZ CAPITAL MANAGEMENT Joseph B. Markovich (2024) MANAGING DIRECTOR J.P. MORGAN PRIVATE BANK Colleen Ostrowski (2025) SENIOR VICE PRESIDENT & TREASURER VISA J. David Rogers (2023) CHIEF EXECUTIVE OFFICER J.D. CAPITAL MANAGMENT Brandon D. Short (2024) Member PSU Board of Trustees EXECUTIVE DIRECTOR AND PORTFOLIO MANAGER PGIM REAL ESTATE