PERSON: Bruce Berkowitz

Mr. Bruce R. Berkowitz is the Founder and Chief Investment Officer of Fairholme Capital Management, and President and a Director of Fairholme Funds, Inc.

In 2010, Mr. Berkowitz was named as the 2009 Domestic-Stock Fund Manager of the Year by Morningstar as well as the Domestic-Stock Fund Manager of the Decade (2000-2009), also by Morningstar. Most recently, he was named 2013’s Money Manager of the Year by Institutional Investor Magazine.

Mr. Berkowitz founded The Fairholme Fund in 1999, and founded Fairholme Capital Management in 1997. Prior to founding Fairholme, Mr. Berkowitz was a Managing Director and Senior Portfolio Manager at Smith Barney, Inc. from 1995 to May 1997, and a Senior Vice President and Portfolio Manager at Lehman Brothers Holdings, Inc.

Mr. Berkowitz received his Bachelor of Arts degree in Economics from the University of Massachusetts at Amherst in 1980.