CAREY HERBERT

PRESIDENT WALTON INTERNATIONAL GROUP (USA), INC.

Detailed Biography

Carey Herbert is President for Walton International Group (USA), Inc. (“WIGI USA”), where she provides leadership and

oversight of WIGI USA operations. She is responsible for planning, developing, organizing, implementing, evaluating and

directing WIGI USA's strategic goals and objectives.

Carey joined the U.S. Legal team in 2008, bringing to Walton her experience with the Enforcement Division of the Securities

and Exchange Commission in New York City. As part of the WIGI USA Legal team, Carey dealt with a variety of matters,

including securities, immigration, corporate and product structuring. Furthermore, she played a key role in the creation of

financial pro forma and fund modeling for U.S. projects. Carey also assisted with international structured product offerings,

coordinated with the worldwide legal operations of Walton and advised on industry-specific regulations, ensuring appropriate

risk management strategies are in place.

Prior to joining Walton, Carey was a member of the corporate securities department in the Phoenix, AZ office of Squire Sanders,

an international law firm, where her corporate securities transactional practice included private and public company securities

offerings, IPOs, public company reporting, mergers and acquisitions, banking, and financial restructuring. Prior to her legal

career, Carey was a professor in the Eller Business College at the University of Arizona, where she taught business law and

undergraduate and graduate level business statistics. Throughout her academic career, Carey earned fellowships and awards

for distinction in research and teaching.

Carey holds a Bachelor of Arts in Econometrics and an MBA in Quantitative Marketing Analysis from the University of Alberta.

Additionally, she has earned a Master of Science in Business Management, a Ph.D. in Management and Policy, and a Juris

Doctorate degree, all from the University of Arizona.

Summary

Carey Herbert is President for Walton International Group (USA), Inc. (“WIGI USA”). Carey joined the U.S. Legal team in 2008,

bringing to Walton her experience with the Enforcement Division of the Securities and Exchange Commission in New York City.

As part of the Legal team, Carey dealt with a variety of matters, including securities, immigration and corporate structuring affairs.

Furthermore, she played a key role in the creation of financial pro forma and fund modeling for U.S. projects. Carey also assisted

with international structured product offerings, coordinated with the worldwide legal operations of Walton and advised on

industry-specific regulations, ensuring appropriate risk management strategies are in place. Prior to joining Walton, Carey was

a member of the corporate securities department at Squire-Sanders, an international law firm, and was a professor in the Eller

Business College at the University of Arizona. Carey holds a Bachelor of Arts in Econometrics and an MBA in Quantitative

Marketing Analysis from the University of Alberta. Additionally, she has earned a Master of Science in Business Management,

a Ph.D. in Management and Policy, and a Juris Doctorate degree, all from the University of Arizona.

Highlights

President for Walton International Group (USA), Inc. (“WIGI USA”)

Joined Walton in 2008, as part of the U.S. Legal team

Dealt with securities, immigration and corporate structuring matters

Played a key role in the creation of financial pro forma and fund modeling for U.S. projects

Prior to joining Walton, was a member of the corporate securities department at Squire-Sanders, an international law firm

Holds a Bachelor of Arts in Econometrics and an MBA in Quantitative Marketing Analysis from the University of Alberta, a

Master of Science in Business Management, a Ph.D. in Management and Policy, and a Juris Doctorate degree, all from the

University of Arizona