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e" width=3D"350" height=3D"93" style=3D"display:block;width:100%;height:aut=
o;"/></a>
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ies" style=3D"width:100%;height:5px;line-height:1px;font-size:1px!important=
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<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"center" valign=3D"top" width=3D"540" class=3D"lfx clN105B=
2 caN105B2 " style=3D"width:540px;font-family:Arial, Helvetica, sans-serif;=
font-size:20px;color:#2e4f70; "><font color=3D"#00a0e1"><b>Carlsquare st=C3=
=A4rkt Partnerkreis in=20
<br/>Berlin mit Andreas Zetzsche</b>
<br/></font>
</td><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"=
width:30px;line-height:1px;font-size:1px!important;">
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"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
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<td align=3D"left" valign=3D"top" width=3D"100%" style=3D"width:100%;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"5" class=3D"=
ies" style=3D"width:100%;height:5px;line-height:1px;font-size:1px!important=
;">
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<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
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<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"justify" valign=3D"top" width=3D"540" class=3D"lfx clN107=
81 caN10781 " style=3D"width:540px;font-family:Arial, Helvetica, sans-serif=
;font-size:13px;color:#2e4f70; line-height:22px; text-align:justify;">Die p=
artnergef=C3=BChrte Investment Bank Carlsquare hat zum 1. Januar 2021 Andre=
as Zetzsche als Partner aufgenommen. Herr Zetzsche war langj=C3=A4hriger Le=
iter des M&A-Bereichs der RWE AG und hat viele ma=C3=9Fgebliche M&A=
-Transaktionen, einschlie=C3=9Flich Kapitalmarktdeals aus der Zentrale in E=
ssen gef=C3=BChrt. Vorher war er als Managing Director Leiter der europ=C3=
=A4ischen Chemicals Group der Chase Manhattan Bank N.A. in London. Seit 201=
8 unterst=C3=BCtzt Herr Zetzsche auch als Chair Affiliate die Leitung des L=
ehrstuhls Mergers & Akquisitions der WHU Otto Beisheim School of Manage=
ment. Herr Zetzsche wird Carlsquare durch seine umfangreiche M&A-Transa=
ktionserfahrung unterst=C3=BCtzen.=20
<br/>
<br/>Carlsquare ist eine partnergef=C3=BChrte Investment Bank, die Unterneh=
men und ihre Gesellschafter bei der Umsetzung strategischer Ziele begleitet=
. Dazu z=C3=A4hlen inhabergef=C3=BChrte Mittelst=C3=A4ndler und Marktf=C3=
=BChrer, stark wachsende Champions mit disruptiven Technologien und Gesch=
=C3=A4ftsmodellen, aber auch Growth Equity-/Private Equity-Investoren, Fami=
ly Offices und Konzerne, die mit Unternehmen Wachstum gestalten und Wertste=
igerungen erzielen wollen. In 2020 war Carlsquare bei =C3=BCber 30 Transakt=
ionen auf K=C3=A4ufer- oder Verk=C3=A4uferseite beratend t=C3=A4tig.
<br/>
<br/><i>"Wir freuen uns sehr, Andreas Zetzsche im Partnerkreis von Carlsqua=
re begr=C3=BC=C3=9Fen zu d=C3=BCrfen. Wir kennen uns professionell nun scho=
n seit vielen Jahren und sind uns sicher durch sein Wissen und langj=C3=A4h=
rige Erfahrung unsere Expertise im Energiesektor weiter st=C3=A4rken zu k=
=C3=B6nnen"</i><i> </i>betont Michael Moritz, Managing Partner und Co-Gr=C3=
=BCnder von Carlsquare.=C2=A0=C2=A0
<br/>
<br/>Andreas Zetzsche kommentiert: <i>=E2=80=9EIch beobachte die Entwicklun=
g von Carlsquare schon seit einigen Jahren und freue mich sehr Teil dieses =
stark wachsenden, europ=C3=A4ischen M&A Players zu werden.=E2=80=9C </i=
>
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width:30px;line-height:1px;font-size:1px!important;">
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<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
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</td><td align=3D"left" valign=3D"top" width=3D"560" style=3D"width:560px;f=
ont-family:Arial, Helvetica, sans-serif;font-size:14px;"><a href=3D"=
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aIZvOblyD4kaRho9yppF7Sjb4sByxTv-=
" target=3D"_blank" style=3D"text-decoration: none;"><img src=3D"=
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isplay:block;width:100%;height:auto;"/></a>
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<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"5" class=3D"=
ies" style=3D"width:100%;height:5px;line-height:1px;font-size:1px!important=
;">
</td>
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<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" style=3D"width:100%;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"center" valign=3D"top" width=3D"540" class=3D"lfx clN105B=
2 caN105B2 " style=3D"width:540px;font-family:Arial, Helvetica, sans-serif;=
font-size:20px;color:#2e4f70; "><font color=3D"#00a0e1"><b>Carlsquare stren=
gthens partner circle=20
<br/>in Berlin with Andreas Zetzsche </b>
<br/></font>
</td><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"=
width:30px;line-height:1px;font-size:1px!important;">
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<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" style=3D"width:100%;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"5" class=3D"=
ies" style=3D"width:100%;height:5px;line-height:1px;font-size:1px!important=
;">
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" style=3D"width:100%;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"justify" valign=3D"top" width=3D"540" class=3D"lfx clN107=
81 caN10781 " style=3D"width:540px;font-family:Arial, Helvetica, sans-serif=
;font-size:13px;color:#2e4f70; line-height:22px; text-align:justify;">The p=
artner-managed Investment Bank Carlsquare has accepted Andreas Zetzsche as =
a partner from 1 January 2021. Mr. Zetzsche was Group Head of the RWE AG M&=
amp;A division for many years and conducted many relevant M&A transacti=
ons, including capital market deals, from the headquarters in Essen. Previo=
usly, he was Managing Director of the European Chemical Group of Chase Manh=
attan Bank N.A. In London. Since 2018, Mr. Zetzsche has also supported the =
head of the Mergers & Acquisitions Chair at the WHU Otto Beisheim Schoo=
l of Management as Chair Affiliate. Mr. Zetzsche will support Carlsquare wi=
th his extensive M&A-transaction experience.=20
<br/>
<br/>Carlsquare is a partner-led investment bank that supports companies an=
d their shareholders in the implementation of strategic goals. These includ=
e owner-managed medium-sized companies and market leaders, rapidly growing =
champions with disruptive technologies and business models, but also growth=
equity and private equity investors, family offices and corporations who w=
ant to grow and increase value with entrepreneurs. In 2020, Carlsquare advi=
sed respective buyers and sellers on more than 30 transactions.
<br/>
<br/><i>"We are very pleased to welcome Andreas Zetzsche to Carlsquare's ci=
rcle of partners. We have known each other professionally for a long time a=
nd are sure that we will be able to further strengthen our expertise in the=
energy sector through his knowledge and many years of experience" </i>emph=
asises Michael Moritz, Managing Partner and Co-Founder of Carlsquare.
<br/>
<br/>Andreas Zetzsche comments:<i> "I have been closely following the devel=
opment of Carlsquare for several years now and I am very happy to join this=
rapidly growing European M&A player."</i>
</td><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"=
width:30px;line-height:1px;font-size:1px!important;">
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"left" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr><td width=3D"50%" align=3D"left" valign=3D"top" style=3D"width:50%;line=
-height:1px;font-size:1px!important;" class=3D"ies">
</td><td width=3D"50%" align=3D"left" valign=3D"top" style=3D"width:50%;lin=
e-height:1px;font-size:1px!important;" class=3D"ies">
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"=
width:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D=
"width:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><font color=3D"#00a0e1"><b>Michael Moritz </b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:michael.moritz@carlsquare.com" target=3D"_blank" sty=
le=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:A=
rial, Helvetica, sans-serif;">Michael.Moritz@carlsquare.com</a>=20
<br/>+49 30 809 33 47 13
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><b><font color=3D"#00a0e1">Mark Miller </font></b>
<br/>Managing Partner
<br/><a href=3D"mailto:Mark.Miller@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Mark.Miller@carlsquare.com</a>
<br/>+49 40 300 836 11
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><b><font color=3D"#00a0e1">Caspar Graf Stauffenberg </font=
></b>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Caspar.Stauffenberg@carlsquare.com" target=3D"_blank=
" style=3D"text-decoration: underline;color:#003867;font-size:11px;font-fam=
ily:Arial, Helvetica, sans-serif;">Caspar.Stauffenberg@carlsquare.com</a>
<br/>+49 89 255 49 53 11
</td><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"=
width:30px;line-height:1px;font-size:1px!important;">
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"=
width:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D=
"width:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><font color=3D"#00a0e1"><b>Daniel Garlipp</b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Daniel.Garlipp@carlsquare.com" target=3D"_blank" sty=
le=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:A=
rial, Helvetica, sans-serif;">Daniel.Garlipp@carlsquare.com</a>=20
<br/>+49 40 300 836 19
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><b><font color=3D"#00a0e1">Anders Bo</font></b>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Anders.Bo@carlsquare.com" target=3D"_blank" style=3D=
"text-decoration: underline;color:#003867;font-size:11px;font-family:Arial,=
Helvetica, sans-serif;">Anders.Bo@carlsquare.com</a>=20
<br/>+45 41 99 82 52
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><font color=3D"#00a0e1"><b>Flemming C. Pedersen</b> </font=
>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Flemming.C.Pedersen@carlsquare.com" target=3D"_blank=
" style=3D"text-decoration: underline;color:#003867;font-size:11px;font-fam=
ily:Arial, Helvetica, sans-serif;">Flemming.C.Pedersen@carlsquare.com</a>=
=20
<br/>+45 41 99 82 51
</td><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"=
width:30px;line-height:1px;font-size:1px!important;">
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"=
width:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D=
"width:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><font color=3D"#00a0e1"><b>Anders Elgemyr</b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Anders.Elgemyr@carlsquare.com" target=3D"_blank" sty=
le=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:A=
rial, Helvetica, sans-serif;">Anders.Elgemyr@carlsquare.com </a>
<br/>+46 70 496 18 15
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><b><font color=3D"#00a0e1">Dr. Manfred Drax </font></b>
<br/>Partner=20
<br/><a href=3D"mailto:Manfred.Drax@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Manfred.Drax@carlsquare.com</a>
<br/>+49 89 255 49 53 15
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><font color=3D"#00a0e1"><b>Andreas Zetzsche</b> </font>
<br/>Partner=C2=A0=C2=A0
<br/><a href=3D"mailto:Andreas.Zetzsche@carlsquare.com" target=3D"_blank" s=
tyle=3D"text-decoration: underline;color:#003867;font-size:11px;font-family=
:Arial, Helvetica, sans-serif;">Andreas.Zetzsche@carlsquare.com</a>
<br/>+49 30 809 33 47 33
</td><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"=
width:30px;line-height:1px;font-size:1px!important;">
</td>
</tr>
</table>
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td align=3D"center" valign=3D"top">
<table cellpadding=3D"0" cellspacing=3D"0" border=3D"0" width=3D"100%" styl=
e=3D"width:100%;">
<tr>
<td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D"wid=
th:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" style=3D=
"width:100%;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"600" height=3D"10" style=3D"=
width:600px;height:10px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"10" class=3D=
"ies" style=3D"width:100%;height:10px;line-height:1px;font-size:1px!importa=
nt;">
</td>
</tr>
</table>
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;">
<tr><td align=3D"left" valign=3D"top" width=3D"100%" height=3D"50" style=3D=
"width:100%;height:50px;">
<table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" styl=
e=3D"width:100%;" role=3D"presentation">
<tr><td align=3D"left" valign=3D"top" width=3D"30" class=3D"ies" style=3D"w=
idth:30px;line-height:1px;font-size:1px!important;">
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><font color=3D"#00a0e1"><b>Dr. Arnold Holle </b></font>
<br/>Managing Partner=20
<br/><a href=3D"mailto:Arnold.Holle@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Arnold.Holle@carlsquare.com</a>=20
<br/>+44 20 8017 6013
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><b><font color=3D"#00a0e1">Nico Schmidt-Weidemann</font></=
b>
<br/>Partner=20
<br/><a href=3D"mailto:Nico.Schmidt@carlsquare.com" target=3D"_blank" style=
=3D"text-decoration: underline;color:#003867;font-size:11px;font-family:Ari=
al, Helvetica, sans-serif;">Nico.Schmidt@carlsquare.com</a>
<br/>+49 89 255 49 53 17
</td><td align=3D"center" valign=3D"top" width=3D"180" class=3D"lfx clN1127=
E caN1127E " style=3D"width:180px;font-family:Arial, Helvetica, sans-serif;=
font-size:11px;"><b><font color=3D"#00a0e1">Morten Kj=C3=A6rulff</font></b>
<br/>Partner=20
<br/><a href=3D"mailto:Morten.Kj=C3=A6rulff@carlsquare.com" target=3D"_blan=
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