TapRoot

Question 1

Executive Chairman - Oliver Zugel

Answer

Prior to co-founding Taproot, Mr. Zugel was CEO and COO of leading international gaming companies like Casino Barcelona and Codere (www.codere.com), a publicly listed company with 14,000 employees and 2 bn USD of revenues. At Codere, Mr. Zugel more than doubled the company´s EBITDA and prepared its highly successful IPO. Having left Codere in 2006 to pursue his own entrepreneurial gaming venture (www.springcapital.eu), he was asked back by Codere in 2012 and led a turnaround program reducing headcount by 40% and doubling the company´s profits over the following three years. Mr. Zugel, who worked for the first 15 years of his career as a strategy consultant and private equity professional at HBS professor Michael Porter´s Monitor Group, brings to Taproot his experience as a public company top executive in another highly-regulated industry. At Taproot, he takes on direct responsibility for strategy, international business development and capital raising.

Question 2

CEO - Shane Terry

Answer

Mr. Terry transitioned into the cannabis industry after a distinguished 17 year career as an Air Force officer and fighter pilot seeing combat action over Iraq and Afghanistan. Mr. Terry served his last five years at Nellis Air Force Base, NV where he was handpicked as a Flight Commander to instruct at the elite US Air Force Weapons School (Top Gun). Recognized for his executive level leadership, he was nominated as the #1 Flight Commander in the nation’s largest command of over 137,000 personnel. Mr. Terry’s cannabis experience involves founding and operating over 12 licenses including cultivation, production, dispensaries and distribution, and leading Nevada’s growth as the previous President of the Nevada Dispensary Association, the largest organization of dispensary owners shaping Nevada’s regulatory development . In addition to TapRoot, Mr. Terry currently sits on the board of directors of GB Sciences, a publicly traded cannabis life-sciences company focused on the pharmaceutical drug development process with operations in Nevada, Puerto Rico and recently selected as the sole research partner with Louisiana State University.

Question 3

CFO - Oliver Markl

Answer

Prior to joining Taproot, Mr. Markl was a private equity professional with Monitor Group, where he was responsible for originating, executing and supervising the transactions related to the European investment program of a 1 bn USD fund. Mr. Markl also was CFO of a German software company and sits on the Board of several technology companies. He started his career as an investment banker at JP Morgan, and has extensive M&A, transaction structuring and tax optimization expertise. At Taproot, he directs the activities of our accounting and finance team, and supports our business development and capital raising processes.

Question 4

Executive Chairman - Oliver Zugel

Answer

Prior to co-founding Taproot, Mr. Zugel was CEO and COO of leading international gaming companies like Casino Barcelona and Codere (www.codere.com), a publicly listed company with 14,000 employees and 2 bn USD of revenues. At Codere, Mr. Zugel more than doubled the company´s EBITDA and prepared its highly successful IPO. Having left Codere in 2006 to pursue his own entrepreneurial gaming venture (www.springcapital.eu), he was asked back by Codere in 2012 and led a turnaround program reducing headcount by 40% and doubling the company´s profits over the following three years. Mr. Zugel, who worked for the first 15 years of his career as a strategy consultant and private equity professional at HBS professor Michael Porter´s Monitor Group, brings to Taproot his experience as a public company top executive in another highly-regulated industry. At Taproot, he takes on direct responsibility for strategy, international business development and capital raising.

Question 5

CEO - Shane Terry

Answer

Mr. Terry transitioned into the cannabis industry after a distinguished 17 year career as an Air Force officer and fighter pilot seeing combat action over Iraq and Afghanistan. Mr. Terry served his last five years at Nellis Air Force Base, NV where he was handpicked as a Flight Commander to instruct at the elite US Air Force Weapons School (Top Gun). Recognized for his executive level leadership, he was nominated as the #1 Flight Commander in the nation’s largest command of over 137,000 personnel. Mr. Terry’s cannabis experience involves founding and operating over 12 licenses including cultivation, production, dispensaries and distribution, and leading Nevada’s growth as the previous President of the Nevada Dispensary Association, the largest organization of dispensary owners shaping Nevada’s regulatory development . In addition to TapRoot, Mr. Terry currently sits on the board of directors of GB Sciences, a publicly traded cannabis life-sciences company focused on the pharmaceutical drug development process with operations in Nevada, Puerto Rico and recently selected as the sole research partner with Louisiana State University.

Question 6

CFO - Oliver Markl

Answer

Prior to joining Taproot, Mr. Markl was a private equity professional with Monitor Group, where he was responsible for originating, executing and supervising the transactions related to the European investment program of a 1 bn USD fund. Mr. Markl also was CFO of a German software company and sits on the Board of several technology companies. He started his career as an investment banker at JP Morgan, and has extensive M&A, transaction structuring and tax optimization expertise. At Taproot, he directs the activities of our accounting and finance team, and supports our business development and capital raising processes.