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 (2026) EMERITA MEMBER, PSU BOARD OF TRUSTEES CEO/CIO, BD8 CAPITAL PARTNERS Blake Gall, CFA (2027) FOUNDER AND PRESIDENT, MICROPLUSPLUS J. Alex Hartzler (2026) MANAGING PARTNER AND FOUNDER, WCI PARTNERS, LP Joseph B. Markovich (2027) MANAGING DIRECTOR, J.P. MORGAN PRIVATE BANK Colleen Ostrowski (2025) SENIOR VICE PRESIDENT & TREASURER, VISA J. David Rogers (2026) CHIEF EXECUTIVE OFFICER, J.D. CAPITAL MANAGMENT Brandon D. Short (2027) Member, PSU Board of Trustees EXECUTIVE DIRECTOR AND PORTFOLIO MANAGER, PGIM REAL ESTATE