OLE PETER LORENTZEN

Ole Peter Lorentzen is the Chairman and beneficial owner of Ludvig Lorentzen, an investment company that typically holds a concentrated portfolio of investments for seven to 15 years. Lorentzen has extensive experience in working with management teams and Boards to seek methods of enhancing value for all shareholders. He previously served on the Board of Directors of Energy Recovery from 2007 until the company went public in 2008. He has a bachelor's degree in business administration from Lund University in Sweden.