Bruno Esposito – Email: clublondon@hotmail.com 1

Bruno Esposito - FRAeS 550 Chestnut Street

Winnetka IL, 60093 USA clublondon@hotmail.com

Career summary

Over the course of my career, I have been instrumental in identifying and capturing new opportunities, generating diversified revenue streams, increasing brand awareness and profitability through developing and commercially rolling out innovative products and services spanning across the aviation, telecommunications, maritime, oil & gas and defence industries. A senior executive with working experience in the public and private sector, I have sound political judgement and diplomacy skills and can easily interface across all levels of small or large organisations. With 25 years of international exposure, I have a track record in business development through developing compelling business value proposals and adapting quickly and navigating through many different organizationʼs cultures. I have acquired best practices in developing a culture of innovation. I repeatedly led initiatives, developed and executed strategies and improved efficiency during periods of complex change, including situations involving turnarounds and acquisitions. I regularly achieved multi-$m growth by successfully implementing global partnership programs, developed channels into new markets, introduced innovative products and services to the market place. I am also an entrepreneur.

Professional Experience WheelTug (Start-up - Electric taxiing for commercial aircraft) 2011 - Present Senior advisor (Advisory Board), reporting directly to the Chairman and CEO with regard to identifying business drivers, engaging with partners and meeting with airlines and airframe executives to demonstrate technical feasibility, validate system performance and explain benefits and savings through developing suitable communications materials. The airlines and the companyʼs executives see the role as being both customer centric and solutions oriented. Achievement to date: Drove installation slots from zero to 985+ single aisle commercial aircraft. These aircraft are operated by 24 airlines. HyperMach Aerospace LTD (SonicStar - supersonic business jet) 2015 – 2016 Senior advisory role to the Chairman & CEO of HyperMach Aerospace Industries, Inc. (USA) - HyperMach Aerospace Limited (UK) and SonicStar (supersonic business jet concept). I joined in an executive management consulting capacity in the areas of strategic alliances, business development, industrial partnership and related technologies. The above activities focused on the areas of manned aircraft as well as unmanned aerial systems (UAS). Airborne Concept (Start-up droneʼs sector) – President & CEO (USA) 2015 – 2016 The company offers a wide array of services from professional pilot's training programs to R&D, manufacturing and integration of sensors needed to perform a variety of commercial applications. Appointed in an executive management-consulting role, I identified and executed the strategies needed to penetrate the US market. The position covered two pivotal roles with full responsibilities within the US:

Advisory Board Member

• Advising about the regulator (FAA) existing & future regulations related to commercial operations; • Advising about the FAA 333 exemption documents and process; • Identifying and leading negotiations with Economic Development Agencies in several states

(Alabama, Colorado, Florida, Illinois, South Carolina and Wisconsin) to secure the most suitable location with regard to incorporating an affiliate company within the US; and

• Assisting with securing financial investments (up to $8m) in France through Deloitte.

Chief Commercial Strategist

• Identifying & qualifying prospective partners & clients [public (i.e. universities) and private sector]; • Leading business negotiations with selected public entities & privately owned companies; • Identifying and developing suitable business and pricing models for specific products and services; • Developing a preliminary business plan to generate early revenues (Civil & DoD sector)

Bruno Esposito – Email: clublondon@hotmail.com 2

At contract completion: Advanced contacts and negotiations were established with three US universities (two with an aviation centre), the US Coast Guards, Police & Fire service and a privately owned US company (UAS DoD sector). Preliminary business plan quantifies revenues of in excess of $45m over three years. Over the course of my contract, I managed to complete a professional droneʼs pilot certificate (up to 55lbs). King Abdulaziz City for Science & Technology (KACST - Saudi Arabia) 2012 - 2013 My responsibilities as senior advisor to the Institute engineering department were to assess marketʼs trends and evaluate sales opportunities leading to the formulation of a detailed development plan for investments, industrialization and commercialization of drones (including the use of Satcom). My report also identified the management structure needed to strategize and administer the new business, including service level agreements with the University as well as external entities and the necessary operational supports. At contract completion, projected revenues were identified as in excess of $1b. Atkins Ltd. Engineering Business Unit - Senior Aerospace Advisor 2010 - 2011 I interacted with Board members to set priorities enabling growth while ensuring Atkins would be listed as an Airbus preferred supplier. Demonstrating an in-depth understanding of Airbus operational processes, I implemented and executed a strategy ensuring compliance with Airbus requirements. I led the integration across organizational boundaries, optimizing business synergies to increase revenue streams. At contract completion: Atkins was appointed EADS (Airbus) preferred supplier for engineering services through a new joint venture representing about $75m of consolidated yearly sales. The Society of British Aerospace Companies (SBAC now ADS) 2008 - 2010 Director of Civil Air Transport & Space The UK aerospace sector is the second largest in the world. As a member of the Trade Association Executive Management Team, I shaped and led the creation of Committees to influence government policies and investments. I worked with UK Ministers to define and implement the air transport strategy and priorities for the UK aerospace companies to retain a leadership role within the industry and be recognised as a model of “excellence”. I lead activities introducing drones to the UK Government as a new field for industry specialization and capabilities through the highest executive committees. Achievements: The Government invested $550m in the Airbus A350 program. I published a Civil Aerospace Strategy Report in 2009 and created a new “sector” (Space). I was instrumental in the creation of the new UK Space Agency. The Finmeccanica Group - Senior Advisor - Civil Air Transport (Board Level) 2007 - 2009 I led the industrialization and commercialization of Unmanned Aircraft Systems (UAS) across the Group boundaries. I was seconded to the Vega Group (a consultancy firm newly acquired) as Director Business Development to manage multi-functional and multi-site teams responsible for UAS product development and commercial rollout. I chaired, for two years, a UAS European Working Group and was a member of the ICAO newly created UAS Study Group. Invited to co-chair the first UAS Russian international conference in 2007, I subsequently joined the Office of the Russian Minister in an advisory capacity. At contract completion: The commercial rollout of the UAS Falco led to $400m in sales. In 2009, Finmeccanica (Alinea) acquired 25% of Sukhoi ($183m). Advantage Business Group - Director Business Development 2005 - 2007 A $25m company specialised in aviation safety. As a Director reporting to the CEO, my objectives were to identify and drive innovative processes to increase sales and diversifying market penetration (geographic footprint & vertical segments) prior to selling the company. I led and managed a cross-functional business team (including marketing) providing mentoring to maximise sales while optimising operating efficiency. Achievements: Sales increased by $1.5m. Advantage was sold in 2007 for $38m. BAE Consulting Services Ltd - Managing Director 2004 - 2005 Airbus A400M Program – I assisted the French Air Force senior officers in charge of the A400M Program management with commercial strategic guidance. I was asked to generate 10% savings on the telecommunications via satellite (Inmarsat) contractual provision. At contract completion: The contract was rated as “exceeded expectations” as 20% savings were achieved, representing $20m.

Bruno Esposito – Email: clublondon@hotmail.com 3

Zodiac Group - Vice-President Business Development 2002 – 2004 In-Snec lost its manufacturing contract with Inmarsat, reducing the companyʼs yearly revenues by about $25m. I joined the company, at the request of the CEO to champion change and implement a creative solution based upon my in-depth knowledge of Inmarsat. I managed 70 staff in total. At contract completion: Through successful implementation of a global strategy and the signing of a teaming agreement with a manufacturer in Singapore, In-Snec retained its revenues from Inmarsat. ICO Global Communications – General Manager Government Business 1999 - 2002 The required investments for the development of a new hand-held satellite system could not be channelled through the existing Inmarsat legal structure. A new and separate company needed to be created. I joined ICO as a General Manager and led the detailed formulation of the business case for the Government Business Unit, including strategic direction, go-to-market strategy and pricing as well as all support and customer care operations. With yearly revenues projections in excess of $280m, I managed regional teams of about 65 staff in total and set priorities for the technical application development team. ICO filed for Chapter 11 bankruptcy protection in August 1999. Achievement: ICO emerged from Chapter 11 in May 2000. I have been instrumental in securing $700m from new investors INMARSAT – Director Program Management 1989 - 1999 I was responsible for the worldwide Inmarsat connectivity in the fixed-to-mobile direction. This position was regarded as the pinnacle individual contributor role within strategic account management and handled the most challenging and complex global accounts. I also introduced new customer-facing services and developed further the existing customer care programs leading to the implementation of new front-line services. Later, I championed and secured the development and commercialization of a new satellite terminal for the aeronautical sector, and participated in the development, flight-testing activities and the commercialization of a second system today fitted on-board over 15,000 airliners. Achievements: The Inmarsat yearly revenue increased year on year by about $50 million. The commercialization of aeronautical terminals raised an additional $500m in revenues. French National Space Centre (CNES) – Senior Program Manager 1986 – 1989 I have been instrumental in the building of a new satelliteʼs control centre - LEOP of Inmarsat 3 satelliteʼs constellation. (Inmarsat contracted the LEOP of the new satelliteʼs constellation to CNES) Develop and lead the training programs for 6 satellite's controllers. Ensure availability of Earth Stations for satelliteʼs tracking. Senior satellite controller - Telecom 2 satelliteʼs in-orbit operations (government satellite's payload).

French Air Force – Senior Air Traffic Controller 1980 – 1986 Senior air traffic controller with supervisor & instructor certificates. Flew over 1500 hours on military jets and transport aircraft. Participated in the Airborne Warning And Control Systems (AWACS) French program’s studies. Squadron manager and lead officer for Search & Rescue (SAR) Operations. Education & Professional Organizations Air Force Academy – Master’s degree - Aeronautics Cambridge University – Associate degree – English Pilot license – European Civil Aviation Authority & FAA in USA Fellow of the Royal Aeronautical Society (FRAeS) Member of the Royal Air Force Officer Club