Vittorio Fossati-Bellani

Summary of qualifications

Dr. Fossati-Bellani has spent most of his career at Coherent (Nasdaq:COHR), one of the world’s leading laser companies, where he was an Executive Vice-President. In his various assignments, Dr. Fossati-Bellani has provided strategic, marketing, business development and general management leadership in expanding the role of the company from the original one of being a scientific instruments manufacturer, into a provider of capital equipment to large markets, both established and emerging. In doing so, he has gained valuable knowledge in the dynamics of such diverse fields as semiconductor and microelectronics, renewable energy, graphic arts and display, material processing and automotive, medical diagnostics and therapeutics. He has created and led new divisions and business units from start-up inside the corporation, establishing them as leaders in their market segment. He has identified, analyzed and pursued several successful Mergers and Acquisitions activities. After leaving Coherent in April 2006, Dr.Fossati-Bellani started a consulting company where he applied his experience to the service of the photonics industry. He was also employed at DILAS, a diode laser company part of Rofin-Sinar of Germany. In October 2008 he joined Pyrophotonics, a Canadian start-up where he concentrated on sales, marketing and business development, in various microelectronics and micro-machining markets with a special emphasis on PhotoVoltaics. After Phyrophotonics’ acquisition by ESI, Dr. Fossati-Bellani resumed his consulting business which brought him in contact with Laser Operations, where he was hired first as CMO then CEO. He was also actively involved in the successful sale of Mobius to IPG. Having moved to the US in 1983, Dr. Fossati-Bellani has retained strong cultural and business affiliations with Europe. He has also traveled extensively to the Far East (mostly Japan, but also China, Taiwan, Korea and Singapore) and is therefore in a uniquely strong position to provide international leadership for companies operating in various geographical segments. Dr. Fossati-Bellani is also applying, in his free time, his international experience to non-profit organizations helping social cooperation in developing countries.

2651 Elmdale Ct. Palo Alto, CA 94303

Phone (650) 430-9469 (cell) (650) 494-8229 (hm)

E-mail: fossativ@gmail.com

Work experience

July 2010 to Present Photonics Consultant After Pyrophotonics was acquired by ESI, Dr. Fossati-Bellani has resumed his consultancy practice, advising photonics companies on PhotoVoltaics, Electrical Storage, Sensing, and Medical markets. He has also been retained as an advisor for several companies pursuing equity partnerships or acquisitions. He was actively involved in the successful sale of Mobius to IPG. From July to November 2013, one of his assignment was to be acting CEO and board member of NP Photonics, a VC-backed Arizona fiber laser company. The company was short on cash when he took over, and several anticipated government contracts did not finalize, so, following his recommendation, the VCs decided to shut down the company and sell its assets. January 2012 to August 2012 Laser Operations, LLC Chief Marketing Officer, then Chief Executive officer Increased Sales presence in Germany, China and Japan, by signing new Distributors and consultants. As CEO, he developed the company’s business plan to position the company for equity investments and/or outside acquisition. October 2008 to July 2010 Pyrophotonics, Inc. Montreal, Quebec Vice President, Sales and Marketing In his position, Dr. Fossati-Bellani, was chartered by the Pyrophotonics Board to expand the uses of its unique laser technology to the emerging PhotoVoltaic laser processing markets. His first decision was to establish an apps lab facility in California, close to many of the potential customers. In addition to the highly successful applications lab, and to an existing collaboration with NRC in London, Ontario, Dr. Fossati-Bellani established a collaboration project with the Fraunhofer Center for Laser Technology, in Plymouth, MI, which generated novel results. Having the applications facilities in place, Dr. Fossati engaged customers to demonstrate the unique advantages of the Pyrophotonics technology. Thanks to his business development work, coupled with the excellent applications work done at the lab, Pyrophotonics has been able to demonstrate processes previously thought impractical in PV and Si machining. This work has resulted in several valuable IP submissions and secured design wins in various PV thin film and Si applications.

October 2007 to September 2008 DILAS, Inc. Tucson, Arizona Director, Business Development While at DILAS, Dr. Fossati-Bellani identified major US medical customers, within a multi-million dollar market. He also engaged various solar cell manufacturing companies.

April 2006 to September 2007 Ergolase, Inc Santa Clara, CA, USA Founder and President At Ergolase, Dr. Fossati-Bellani provided services to the photonics industry, such as writing business plans, developing markets and finding financing opportunities for US and European start-up companies. Coherent, Inc Santa Clara, CA, US

April 2005 to April 2006 Vice President, Strategic Growth Responsible for identifying new significant markets for the company’s existing and developing technologies. Identified a multi-billion $$ market segment where optical technologies play a major role in extending the capabilities of process analytical instrumentation. Targeted strategic partners and acquisitions.

November 2002 to April 2005 Chief Marketing Officer Organized the Marketing group under Directors and Vice-Presidents, each responsible to address the primary market segments pursued by the company. The group worked together with Product Marketing inside Technology Business Units (TBU’s), R&D, and Field Operations to offer a cohesive approach to markets served by diverse technologies. A significant success was the extraordinary growth (more than 50% y/y) achieved in the micro-electronic segment between 2003 and 2004. Started the Strategic Marketing function to identify and pursue new application for the company’s technology. Identified and lead early development into a potentially very large consumer electronic application. Identified M&A candidates as well as potential strategic partners.

Was one of the leading negotiators in the acquisition of scientific laser manufacturer Positive Light. Provided marketing synergy and coordination between company divisions previously run separately. September 2000 to November 2002 President – Telecom Actives Group Led the exploration of new technologies and applications for the expected boom in the Optical Telecom market. After concluding that the boom was not going to materialize, presided to the closure of the Telecom activities, but preserved the technology achievements in the field of Optically Pumped Semiconductor (OPS) lasers, facilitating their redeployment into other commercial markets and positioning them for future high-volume applications. September 1997 to September 2000 President and General Manager – Semiconductor Group Created a new division by acquiring a 3 people start-up from Uniphase, bringing semiconductor laser technology into Coherent. This activity propelled the company into a dominant role in the Graphic Arts market. It also provided the unique engine for products developed in other divisions, which are based on the devices provided by the Semiconductor Group. When he left the post, more than $200M of revenues relied on products designed and manufactured by the Semiconductor Group. Proposed, engineered and concluded the acquisition of the epitaxial wafer company Tutcore of Tampere, Finland, which gave Coherent a sustainable competitive advantage in compound materials (Aluminum-free Gallium Arsenide) used for semiconductor lasers. As General Manager of the group, he grew revenues from 0 to >$30M in 3 years. 1992-1997 Business Unit Manager Identified the need for the company to invest into Diode Pumped Solid State (DPSS) Lasers, realizing that this technology would one day displace most of its existing products, at that time mostly based on gas lasers. Defined the first DPSS products and built the solid state product line from scratch. He was the leading proponent of the acquisition of Adlas, Coherent’s largest competitor in this emerging market. With the merger of the two companies, created the DPSS Business Unit.

Education Other

1983-1992 Product Manager, then Director of Marketing Provided the marketing leadership to enter the Ultrafast Laser Market, which still is the largest scientific market for Coherent, with also substantial industrial applications in the field of micro-machining. Through strategic agreements and technology developments, moved Coherent from being a peripheral player to the dominant position in this market, still maintained as of today. 1979-1983 Coherent Italia, Milano, Italy Sales Engineer Established the presence of Coherent into the Italian market, previously dominated by its largest competitor. Brought market share from marginal to ~50% 1972-1979 CISE – Centro Informazioni Studi Esperienze Milano Research Scientist Developed original techniques for the application of holography to non-contact metrology of structural materials. Università di Milano – July 1970 Degree of “Dottore in Fisica” Thesis on Cooperative Phenomena in Quantum Optics under professor F.T. Arecchi. Stanford University - July 1987 Marketing Management Executive Program University of Virginia, Darden School of Business – October 1987 Mergers and Acquisitions Seminar University of Pennsylvania, Wharton School – March 1988 Finance for Non-financial Managers Seminar Member of Prof. Rajeev Motwani Circle, http://www.facebook.com/rajeevcircle http://www.linkedin.com/groups?mostPopular=&gid=2045463 Member SVIEC, the Silicon Valley Italian Executive Council, http://www.carrferrell.com/sviec/index.html

Recipient of the Gold Medal of the Province of Milano, Italy, for being a successful Italian-American businessman Founder and board member of the Friends of Lurdes Mutola Foundation www.YoungMindsOfAfrica.org