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DIRTT Environmental Solutions Ltd (DRT.TO)

DRT.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

Mogens Smed

67 2018 Executive Chairman of the Board

Michael Goldstein

2018 Interim President, Chief Executive Officer, Director

Peter Henry

2018 Interim Chief Financial Officer

Tracy Baker

2007 Chief Operating Officer

Ha Tran

2017 Vice President - Finance

Geoff Gosling

2004 Vice President - Product Development

Barrie Loberg

2004 Vice President - Software Development

Derek Payne

2017 Corporate Secretary

Steve Parry

2018 Lead Independent Director

Todd Lillibridge

2017 Director

Denise Turner

2015 Director

Wayne Boulais

2014 Independent Director

Gregory Burke

58 2005 Independent Director

Lawrence Fairholm

73 2005 Independent Director

Christine McGinley

58 2013 Independent Director

Biographies

Name Description

Mogens Smed

Mr. Mogens F. Smed is Executive Chairman of the Board of the Company. Mr. Smed has more than 40 years of experience in the interior construction industry, including launching and growing SMED International Inc. (“SMED International”) into a publicly traded modular interior construction company with over $300 million in annual revenue and his role as CEO of Evans Consoles Corporation (“Evans Consoles”), a private company providing command-control infrastructure solutions. SMED International was sold to Haworth Inc. in 2000.

Michael Goldstein

Mr. Michael William Goldstein is Interim President, Chief Executive Officer, Director of the Company. Michael is known for his entrepreneurial leadership of global technology businesses and has had top leadership mandates in private, TSX, NASDAQ, venture, and private equity businesses. Most recently as Chairman and then Acting CEO of Photon Control (TSX-V:PHO), he is credited with doubled market cap, growing cash, revenue, order-book, and gross margin. Previous as CEO of Actuality Medical, Michael built a disruptive 3D imaging device company to address markets in surgical and radiation oncology with participants from Sloan Kettering, Siteman Cancer, Mayo Clinic, and Harvard/Beth Israel. As President of new imaging device technology company iFire Technology Inc., at the time a subsidiary of Westaim, Michael scaled the company from lab to pilot FAB through acquisitions and strategic alliances in Japan, Korea, and Europe. As Chief Commercial Officer for Ballard Power (NASDAQ:BLDP), Michael is credited with doubling revenue, doubling order book, strategic acquisitions, and increasing margins by 80% in three years. Previously, Michael led global divisions of larger multi-national enterprises with end markets in technology and industrial equipment. As the EVP and GM for a division of $6B Oerlikon, Michael was credited with increasing profitability and efficiency through an economic downturn. Michael started his career with General Electric Company, where he held progressively senior positions and was ultimately responsible for principal elements of NASA's Mars Observer Mission spacecraft in connection with Jet Propulsion Labs and NASA. Michael's companies consistently achieve international recognition for their work including: Ideas That Changed The World, MIT 50K, American Society for Therapeutic Radiation and Oncology Award, National Institute of Standards Award, and The Discovery Award, The Discovery Channel, CBS TV, Scientific American, Wired, The Wall Street Journal, Business Week, Forbes, and CSI New York.

Peter Henry

Mr. Peter Henry is Interim Chief Financial Officer of the Company. He has over 40 years of experience in delivering audits and other assurance services in a variety of industries, including oil and gas exploration and development, energy transportation, energy services, manufacturing and distribution and airline transportation. Peter has served companies of various sizes from smaller junior oil and gas companies to large multinational manufacturing and distribution corporations. He has considerable experience in managing international audit assignments and drawing on his significant experience in financial reporting, to bring effective solutions to clients. For many years, he was the audit engagement partner on a company with over $15 billion in market capitalization, with operations in Canada, United States, Europe, South America and Australia. He has served as the Sarbanes-Oxley (SOX) resource partner for KPMG's Calgary office and has significant experience in assessing accounting processes and internal controls. In 2005, Peter led the KPMG team helping a major energy transportation company to document and test its financial reporting processes and controls on its initial adoption of SOX reporting. In addition to his numerous audit engagements, Peter was also the senior partner for KPMG's Accounting Advisory Practice in the Calgary office. This practice area assists companies addressing complex accounting and reporting matters such as accounting for business combinations, pension accounting, stock based compensation, financial instruments, accounting for foreign currency transactions and sustainability reporting. During his over 31 years as a KPMG partner, Peter had overall responsibility for the KPMG Information Risk Management (IRM) practice for the Prairies region, and Information Technology, Human Resources and Training for the audit practice. KPMG's IRM practice provides services for Information Technology security assessments, business continuity planning and IT strategy.

Tracy Baker

Ms. Tracy Baker is Chief Operating Officer of Dirtt Environmental Solutions Ltd. She has more than 17 years of experience in the financial management industry and accountancy profession, including her roles as a consultant for the TSX Venture Exchange and Veritas DGC, a public oil and gas service company; and as the Senior Manager of Small Business Division at PricewaterhouseCoopers LLP. Tracy has been a part of the DIRTT team since 2004. Tracy is a member of the Institute of Chartered Accountants of Alberta.

Ha Tran

Geoff Gosling

Mr. Geoff Gosling is Vice President - Product Development of Dirtt Environmental Solutions Ltd. Mr. Gosling co-founder of DIRTT, has more than 22 years of experience in the design and interior construction industries, including his role as Manager of Research and Development at Evans Consoles. Geoff has earned numerous awards for his designs and in 2012 was named one of the Top 10 Most Innovative Product Designers in Healthcare by the industry’s foremost publication, Healthcare Design Magazine. Geoff has also taught for several years as Adjunct Professor at the University of Calgary in the Faculty of Environmental Design. Geoff holds a Masters degree in Environmental Design (Industrial Design) from the University of Calgary.

Barrie Loberg

Mr. Barrie Loberg is Vice President - Software Development of Dirtt Environmental Solutions Ltd. Mr. Loberg is co-founder of DIRTT, is the inventor of ICE and has more than 22 years of experience in the technology and interior construction industries, including his role as Director of Solutions and Technology of Evan Consoles. Barrie received the Alberta Venture’s Award for Most Enterprising Employee in 2000 for his role in the implementation of new technologies, including an Automated Proposal Generator.

Derek Payne

Mr. Derek Payne is Corporate Secretary of the Company. He has over 22 years of experience in the financial management industry and accountancy profession, including his roles as the Treasurer of Petrowest Corporation, a diversified energy industry service provider, as the CFO of Filterboxx Water & Environmental Corp., a provider of packaged water and wastewater treatment facilities, and as the Treasurer and VP, Finance and Corporate Services of WestJet Airlines Ltd. Derek is a member of the Institute of Chartered Accountants of Alberta.

Steve Parry

Mr. Steve Parry is Lead Independent Director of the Company. Mr. Parry has more than 25 years of experience in the mining and finance industries, including his roles as an Executive Chairman of Grenville Strategic Royalty Corp., a public Canadian company providing capital to industrial and technology companies using a royalty-based finance solution; as a Managing Member of NGEN Partners, a US-based cleantech venture capital firm which has raised more than $500 million in capital and has investments in leading firms in the solar, power-tech, renewable energy and project finance industries; and as a General Manager, Innovation at BHP Billiton Exploration and Development, a subsidiary of BHP Billiton, the world’s largest mining company. Steve is a professional geologist, holds a Bachelor of Science degree from Queen’s University and a Masters in Science degree from the University of Western Ontario and has completed executive education programs at Harvard, Columbia, Wharton and the London Business School. Mr. Perry currently serves as Chairman of the board of directors and Co-Founder of Grenville Strategic Royalty Corp. Steve also currently serves as a director of several private and non-profit organizations.

Todd Lillibridge

Mr. Todd W. Lillibridge serves as Director of the Company, with effective from Aug. 2, 2017. Mr. Lillibridge is executive vice-president, medical property operations, at Ventas Inc. and brings more than 35 years of experience in the health care and real estate industries. Ventas, an S&P 500 company and $35-billion real estate investment trust, is the premier capital provider to leading health care companies with a portfolio of approximately 1,300 properties including medical office buildings, life science and innovation centres, in-patient and long-term acute care facilities, and seniors housing.

Denise Turner

Ms. Denise E. Turner is Director of the Company. Over her 30-year career, Ms. Turner has held a number of progressively senior positions spanning operations, finance and legal accountabilities for companies involved in the North American commercial real estate space, including ones listed on the Toronto Stock Exchange and TSX Venture Exchange. She is currently the principal of a project management and contract executive services firm. Ms. Turner currently serves on a number of boards, including the Vancouver Board of Trade, as well as Surrey City Development Corp. and Musqueam Capital Corp., both of which are for-profit companies with community-capacity-building mandates through the development and management of real-estate-based assets, and is the immediate past board chair for Community Living, B.C., an $850-million Crown corporation. She also holds the Institute of Corporate Directors ICD.D designation.

Wayne Boulais

Mr. Wayne Boulais is Independent Director of Dirtt Environmental Solutions Ltd. Mr. Boulais has more than 15 years of technology investing experience where he is currently a General Partner at Apex Venture Partners (“Apex”), a US-based venture capital firm that has raised and managed more than $350 million in their Fund V and Fund VI. During Wayne’s tenure at Apex, Wayne has sourced or managed 10 investments and served as the board designee of Apex for eight of those investments. Wayne is currently the board designee of Apex for two active investments. Prior to Wayne’s investment experience, Wayne was a principal at Mercer Management Consulting (now Oliver Wyman) in the communications, information and entertainment practice. Before attending business school, Wayne was a senior development engineer at Raytheon Corporation where Wayne led product development efforts for satellite and wireless communication systems. Wayne holds an MBA from the Massachusetts Institute of Technology as well as a Master and Bachelor of Electrical Engineering from the University of Massachusetts.

Gregory Burke

Mr. Gregory F. Burke is Independent Director of Dirtt Environmental Solutions Ltd. Mr. Burke has more than 30 years of experience in office furniture, design and construction industries, including his roles as the President and CEO of Lane Office Furniture, Inc., a private full service furniture dealership company, and one of DIRTT’s distribution partners that sells DIRTT’s suite of interior construction solutions, which he joined in 1982 as a member of the sales team. Greg holds a Bachelor of Science Communications degree from St. John’s University and currently serves as a director of several private and non-profit organizations.

Lawrence Fairholm

Mr. Lawrence D. Fairholm is Independent Director of Dirtt Environmental Solutions Ltd. Mr. Fairholm has more than 35 years of experience in office furniture, design, interior construction and real estate industries, including his roles as the President of Fairholm Management Ltd., a private company providing corporate real estate, facilities and management consulting services; the Founder of Buro Décor Inc., a Herman Miller Office Furniture Dealer; the Founder of BDI Facilities Management Inc., a Corporate Interior Design/Project Management company; and the Founder of The Gordian Services Group Inc., a Corporate Real Estate Consulting company. Larry was a member of the Herman Miller Advisory Council. Larry holds a Bachelor of Science degree from the University of Arizona.s

Christine McGinley

Ms. Christine McGinley is Independent Director of Dirtt Environmental Solutions Ltd. Ms. McGinley has more than 25 years of senior management experience, specializing in the areas of operations, technology and finance, including her most recent role as Senior VP, Operations of Canwest Broadcasting, a subsidiary of Canwest Global Communications Corp. Chris currently serves as a director and member of the Audit Committee and the Governance Committee for Canada Health Infoway, an independent not-for-profit corporation funded by the Federal Government; a director, Audit Chair and member of the Human Resources and Compensation Committee for TBayTel Municipal Service Board, a full service telecommunications company; and a director and Chair of the Audit Committee for Alberta Blue Cross, Alberta’s largest benefits carrier. Chris is a trustee and Chair of the Investment Committee and member of the Audit Committee for Northern Property REIT, an unincorporated open-end real estate investment trust. Chris holds a Bachelor of Commerce degree from the University of Alberta (with distinction) and has an ICD.D designation by the Institute of Corporate Directors in Toronto, Ontario. Ms. McGinley is a member of the Institute of Chartered Accountants of Alberta.