Fotex
Management

Chief Executive Officer:

Mr. Dávid Várszegi

Born in 1980, of Hungarian nationality.

Mr. David Varszegi studied at New York University from 1999 until 2002 where he recieved a BS (Bachelor of Science) in Marketing and International Business while also minoring in politics. Between 2003 and 2004, he continuted his studies at the Harvard Extension School from which he recieved a Certificate of Special Studies in Administration and Management with a primary focus on real estate and finance. On the 1st of June 2004, he became the advisor to the chairman of the board; and in November of 2005, he was appointed the Deputy Chief Executive Officer of Fotex Plc. Since 2007 Mr. Varszegi has been a Member of the Board of Directors of Fotex Holding S.E. Since 2009, Mr. Várszegi has also served as a director of the company's Dutch subsidiaries FN2 B.V. and Fotex Netherlands B.V. Mr. Varszegi has been appointed as Chief Executive Officer of Fotex Holding S.E.

Members of Board of Directors:

Mr. Gábor Várszegi: Chairman of the Board

Born in 1946, of Hungarian nationality.

Mr. Gábor Várszegi studied at the Gemologial Institute of America in 1981, after completing his studies he was appointed the President of the American Diamond Company. In 1982 he became the head of Blackburn International Inc. From 1984 onwards he was named the Managing Director of Fotex LLC. and (after the company transformed into a Ltd.) he became the General Manager, then he continued to become President of the company and its largest shareholder. Throughout the years Mr.Várszegi has been a shareholder, director and member of supervisor committee's for several Hungarian, European and overseas corporations. In addition he has also headed the advisory boards' for several charitable foundations. From 1997 onwards Mr.Várszegi was named the Honorary Consul of the Republic of Grenada in Hungary, which he remains to this day.

Mr. Dávid Várszegi: Member of the Board

Born in 1980, of Hungarian nationality.

Mr. David Varszegi studied at New York University from 1999 until 2002 where he recieved a BS (Bachelor of Science) in Marketing and International Business while also minoring in politics. Between 2003 and 2004, he continuted his studies at the Harvard Extension School from which he recieved a Certificate of Special Studies in Administration and Management with a primary focus on real estate and finance. On the 1st of June 2004, he became the advisor to the chairman of the board; and in November of 2005, he was appointed the Deputy Chief Executive Officer of Fotex Plc. Since 2007 Mr. Varszegi has been a Member of the Board of Directors of Fotex Holding S.E. Since 2009, Mr. Várszegi has also served as a director of the company's Dutch subsidiaries FN2 B.V. and Fotex Netherlands B.V. Mr. Varszegi has been appointed as Chief Executive Officer of Fotex Holding S.E.

Mr. Gábor Mocskonyi: Member of the Board

Born in 1983, of Hungarian nationality.

Mr. Mocskonyi has studied law in Hungary and received his diploma in law with summa cum laude in the year 2006. Additionally, he  pursued special studies in European Union Law in Hungary, then in the fields of finance and law in London and Luxembourg. He started work at a Hungarian law firm then moved to a multi-family office in London where he worked as a legal adviser from 2008 to 2011. In 2012 he joined the Company’s operations in Luxembourg and in 2016 Mr. Mocskonyi became a member of the Board of Directors of Fotex Holding S.E.

Mr. Jan Thomas Ladenius: Member of the Board (Independent)

Born in 1944, of Dutch nationality.

Mr. Jan Thomas Ladenius worked from 1966 to 1973 for contractors Wilma in Weert. From 1974 to 1980, he worked as a property developer for Westland/Utrecht Projectontwikkeling. In 1980, he joined the Nederlandse Credietbank as director of property. He set up Ladenius Projektontwikkeling B.V. in 1986 and developed a range of housing and office projects up to 1995, when he began to focus principally on advising and supporting foreign and other investors in the area of the acquisition of good, leased immoveable property. From 1995 to July 2005, he also helped set up and manage the Dutch property partnerships AKRONned I through VII. He is one of the directors and co-founders of APF International. APF International is an initiator of real estate investment funds and a real estate investment manager based in Amsterdam, The Netherlands.

Mr. Péter Kadas: Member of the Board (Independent)

Born in 1962, of Canadian nationality.

Mr. Kadas graduated in 1986 from Trinity College, University of Toronto with a Bachelor of Arts degree in Economics and Politics. He obtained in 1990 a Master of Business Administration degree from Dartmouth College. In 1990, he became a director of Credit Suisse First Boston in Budapest. In 1995, he co-founded Renaissance Capital, Russia's first private investment bank. Then from 1996 until 1997, he worked as managing director for MC Securities in London. After which Mr. Kadas became a managing director of Croesus Central Europe. Subsequently Mr. Kadas became a director of BXR Partners, an affiliate of BXR Group since 2000. He served as vice-chairman of the board of directors for OKD from 2006 to 2007. Since 2006 he has also served as director of BXR Real Estate Investments B.V. Since August 2006, Mr. Kadas served as a director of New World Resources (NWR) N.V., but following the reincorporation of NWR N.V. in the UK, he resigned with effect from 6 May 2011. Mr. Kadas is currently a Director at New World Resources where he is also holds the post of Vice-Chairman since 15 September 2011. Mr. Kadas has also served on numerous corporate boards in the Eastern Europe, including CSFB, management committee of Renaissance Capital, and vice-chairman of the board of directors of České radiokomunikace.

Mr. Robert J. Dole: Member of the Board (Independent)

Born in 1923, of U.S. nationality.

Recognized as one of the most prominent political figures of our time with a distinguished record of service, Bob Dole continues to make a difference in the lives of the American people. Known for his unconventional candor and prairie wit, Dole is a rare quality, especially in Washington. As Chairman of the newly-dedicated National World War II Memorial, Dole led the country in honoring the heroes of his generation and helped enshrine a legacy of sacrifice for freedom. Author of two best-selling books on political humor - Great Presidential Wit, I Wish I Was In The Book and Great Political Wit, Laughing (Almost) All the Way to the White House - a frequent guest on late night talk shows, star of two Super Bowl commercials, and renowned political commentator, Dole is part of the American landscape. In 2005, Senator Dole makes his latest contribution to the country with the publication of his personal World War II memoirs, a chronicle of his harrowing experience on and off the battlefield and the lessons learned through his struggle to survive. One Soldier's Story is a tribute to those who defended liberty in its darkest hour and his gift to future generations, a destined-to-be classic tale of overcoming adversity and making the most out of life. Following the attacks of September 11, Dole joined forces with former rival President Bill Clinton to serve as Co-Chair of the Families of Freedom Scholarship Fund, assisting the educational needs of the families of the World Trade Center, the Pentagon, and United Flight 93. In January 2003, he was appointed Honorary Co-Chair of the President's Council on Service and Civic Participation, part of President Bush's USA Freedom Corps. As the Republican Presidential nominee in 1996, Dole offered himself to Americans as an honorable leader. His candidacy for the White House cemented his reputation as an honest, respected statesman who will long be considered one of the most powerful senators and brilliant legislators of our times. In 1997, he was awarded the Presidential Medal of Freedom as a tribute to his character and contributions to the nation. Ronald Reagan said of Dole as a Senate Majority Leader, "His title of Leader is not just a job title, it's a description of the man." President Bush called Senator Dole "a great Republican Leader, as great as any in the past." Bob Dole is one of only 18 Americans to serve as Senate Majority Leader, and his first stint in that position in the mid-1980's won praise nationwide. According to Congressional Quarterly, Senator Dole "proved a point that badly needed proving at the time: the Senate could be led." The American public started seeing the lighter, entertaining side of Senator Dole's legendary sense of humor with his post-election appearances on The Late Show with David Letterman, Saturday Night Live, The Tonight Show with Jay Leno, Late Night with Conan O'Brien, and The Daily Show with Jon Stewart. Bob Dole was raised on the plains of western Kansas. This tough, common-sense conservative from America's heartland accumulated political achievements second to none: in addition to becoming the Senate Majority Leader and candidate for President, he also served as Chairman of the powerful Senate Finance Committee, his party's nominee for Vice President, a member of the House of Representatives, and Chairman of the Republican Party. He earned national acclaim for his leadership on behalf of the disadvantaged and Americans with disabilities, and for his mastery of foreign affairs. During the Second World War, he was a platoon leader in the legendary Tenth Mountain Division in Italy. In 1945, he was gravely wounded on the battlefield and was twice decorated for heroic achievement. His decorations include two Purple Hearts and a Bronze Star with Oak Leaf Cluster. He is married to The Honorable Elizabeth Hanford Dole, current Senator from North Carolina. Senator Dole's effectiveness as a consensus-builder and his commitment to deficit reduction and economic growth have earned him the admiration of Republicans, Independents and Democrats alike. On issue after issue, Senator Dole is a statesman who has made his mark.

Mr. Wiggert Karreman: Member of the Board (Independent)

Born in 1976, of Dutch nationality.

Mr. Wiggert A.C. Karreman studied tax law at the University of Amsterdam. In 1999, he started work as a tax consultant with audit firm Arthur Andersen, which later in the Netherlands became part of Deloitte Belastingadviseurs B.V., specializing principally in the structuring of (international) property funds. In his last position, as International Tax Manager, he worked, among other things, for parties with a focus on Dutch, French, Belgian, German, Italian, Hungarian and American property. He joined APF International, as a controller from 2006. As from 2007, he joined the Board of APF International in the position of director and he also became one of the shareholders of mentioned company. APF International is an initiator of real estate investment funds and a real estate investment manager based in Amsterdam, The Netherlands.

Ms. Anna Rammer: Member of the Board (Independent)

Born in 1957, of Hungarian nationality.

Ms. Anna Rammer is an economist by trade, and an expert on economics and tax law. She is also an licensed accountant. Ms. Rammer graduated from the Karl Marx Economic Science University in 1982. She then worked for Domus Ltd as an analytical economist, later on she joined the Information Technology Research Institute Computer Media Ltd where she was appointed the Economic Director. From 1995 onwards she was named the Deputy Financial Director of FOTEX Ltd. In 2006 she became a Member of the Board for Fotex Holding SE.

Members of the Audit Comittee:

Ms. Anna Rammer: Chairman of the Audit Comittee

Born in 1957, of Hungarian nationality.

Ms. Anna Rammer is an economist by trade, and an expert on economics and tax law. She is also an licensed accountant. Ms. Rammer graduated from the Karl Marx Economic Science University in 1982. She then worked for Domus Ltd as an analytical economist, later on she joined the Information Technology Research Institute Computer Media Ltd where she was appointed the Economic Director. From 1995 onwards she was named the Deputy Financial Director of FOTEX Ltd. In 2006 she became a Member of the Board for Fotex Holding SE.

Mr. Jan Thomas Ladenius: Member of the Audit Comittee

Born in 1944, of Dutch nationality.

Mr. Jan Thomas Ladenius worked from 1966 to 1973 for contractors Wilma in Weert. From 1974 to 1980, he worked as a property developer for Westland/Utrecht Projectontwikkeling. In 1980, he joined the Nederlandse Credietbank as director of property. He set up Ladenius Projektontwikkeling B.V. in 1986 and developed a range of housing and office projects up to 1995, when he began to focus principally on advising and supporting foreign and other investors in the area of the acquisition of good, leased immoveable property. From 1995 to July 2005, he also helped set up and manage the Dutch property partnerships AKRONned I through VII. He is one of the directors and co-founders of APF International. APF International is an initiator of real estate investment funds and a real estate investment manager based in Amsterdam, The Netherlands.

Mr. Péter Kadas: Member of the Audit Comittee

Born in 1962, of Canadian nationality.

Mr. Kadas graduated in 1986 from Trinity College, University of Toronto with a Bachelor of Arts degree in Economics and Politics. He obtained in 1990 a Master of Business Administration degree from Dartmouth College. In 1990, he became a director of Credit Suisse First Boston in Budapest. In 1995, he co-founded Renaissance Capital, Russia's first private investment bank. Then from 1996 until 1997, he worked as managing director for MC Securities in London. After which Mr. Kadas became a managing director of Croesus Central Europe. Subsequently Mr. Kadas became a director of BXR Partners, an affiliate of BXR Group since 2000. He served as vice-chairman of the board of directors for OKD from 2006 to 2007. Since 2006 he has also served as director of BXR Real Estate Investments B.V. Since August 2006, Mr. Kadas served as a director of New World Resources (NWR) N.V., but following the reincorporation of NWR N.V. in the UK, he resigned with effect from 6 May 2011. Mr. Kadas is currently a Director at New World Resources where he is also holds the post of Vice-Chairman since 15 September 2011. Mr. Kadas has also served on numerous corporate boards in the Eastern Europe, including CSFB, management committee of Renaissance Capital, and vice-chairman of the board of directors of České radiokomunikace.

Mr. Wiggert Karreman: Member of the Audit Comittee

Born in 1976, of Dutch nationality.

Mr. Wiggert A.C. Karreman studied tax law at the University of Amsterdam. In 1999, he started work as a tax consultant with audit firm Arthur Andersen, which later in the Netherlands became part of Deloitte Belastingadviseurs B.V., specializing principally in the structuring of (international) property funds. In his last position, as International Tax Manager, he worked, among other things, for parties with a focus on Dutch, French, Belgian, German, Italian, Hungarian and American property. He joined APF International, as a controller from 2006. As from 2007, he joined the Board of APF International in the position of director and he also became one of the shareholders of mentioned company. APF International is an initiator of real estate investment funds and a real estate investment manager based in Amsterdam, The Netherlands.