Galileo Japan Funds Management Limited

GJFML as responsible entity, will be responsible for GJT's operation and will perform this role in accordance with its duties to unitholders under the Corporations Act, the GJT Constitution, the GJT Compliance Plan, ASX Listing Rules and generally be responsible for the management of GJT.

Key executives of GJFML and details of their experience are provided below;

Neil Werrett - Managing Director and Chief Executive Officer

Neil is the Managing Director and Chief Executive Officer and founder of Galileo Japan Trust. Neil was previously Global Head, Corporate Transactions and Product Development at AMP Henderson Global Investors (now AMP Capital Investors), where he was employed for 24 years in various roles covering property and property funds management. Neil's roles at AMP included property acquisitions and disposals, the establishment of the listed property trust business, ongoing capital raisings and participation in the management committee of the trusts.

Neil has been involved in the assessment of business and real estate opportunities in Japan since 1998 and was the founder of Galileo Japan Funds Management Limited in 2006.

Peter Murphy - Executive Director and Chief Operating Officer

Peter has over 20 years experience in the property industry in numerous capacities including valuations, as well as asset and funds management. Over the past 10 years, he has been directly involved in the management of various listed property entities.

Peter was the CEO of Ronin Property Group which listed in 1996 as AMP Office Trust and had funds under management of approximately $2 billion throughout Australia and New Zealand prior to a merger with Multiplex Group in November 2004.

During his employment with Multiplex, Peter was Group Manager, Marketing and Communications and Divisional Director, Institutional Funds responsible for in excess of $3 billion in funds under management.

Brett Bradley - Chief Financial Officer

Brett Bradley is the Chief Financial Officer and is responsible for financial reporting and other financial matters of the Trust. Brett was previously a Principal in the real estate group at Ernst & Young in Sydney, where he was involved in the financial reporting and transaction support components of several listed property trusts in Australia. Brett was also the Chief Financial Officer of Galileo Funds Management Limited. Prior to moving to Australia in 1996, Brett worked in the real estate group at Ernst & Young in the US.

Paul Marshall - Senior Vice President, Portfolio Management

Paul brings over 18 years of diverse property experience to the business encompassing valuation and analytical roles, as well as asset management. Paul's role entails development and execution of portfolio strategy, acquisitions, reporting and investor communication. Prior to joining the Responsible Entity, Paul held the equivalent position with Galileo Shopping America Trust (now part of Centro Retail Group) which held interests in 136 retail properties and had total assets of $2.6 billion.

Gavin Holmes - Vice President, Finance

Gavin joined the Galileo Group in November 2003 to assist with finance matters, including transaction finance, reporting and compliance. Gavin previously worked with Ernst & Young and has over 15 years experience in finance roles.

Camelia Tan - Financial Analyst

Camelia Tan is the financial analyst for the Trust. Camelia has previously worked as a financial analyst in the investment management division of the Multiplex Group. She was involved in a range of responsibilities including financial reporting and transaction support. Prior to that, Camelia worked in an audit role with KPMG. Camelia is a chartered accountant and speaks Japanese.

Galileo Japan KK

Galileo Japan KK provides asset management services to the TK Operator under a 10 year agreement and plays a coordination and management role with regard to the TK structure as a whole. Galileo Japan KK in particular will liaise with its Relationship Partner, Nippon Kanzai, in the provision of its asset management services.

Robert S. Morikuni - Representative Director: Mr. Morikuni holds a Degree in Architectural Studies from the University of Illinois, Champaign-Urbana and an MBA from the University of Hawaii, Manoa. He has worked in Japan for a total of 15 years and is fluent in Japanese. He brings a broad range of experience to Galileo having a background which includes structural engineering, construction management with Maeda Corporation and real estate brokerage and consultancy with CB Richard Ellis. Prior to joining Galileo, Mr. Morikuni held the position of Regional Director of Real Estate Operations for the Japan entity of Manulife Financial where his role included acquisitions, establishment of an asset management division and management of Manulife’s Japan real estate portfolio.
Nobuaki Tomioka - Director Finance & Internal Auditor: Mr. Tomioka has 20 years experience in accounting and finance related roles. He is a Japanese Certified Tax Accountant and worked with KPMG in their international tax division. He holds an MBA degree from Pace University in New York. After receiving his MBA, he worked with Goldman Sachs Realty Japan specializing in real estate accounting utilizing special purpose vehicles and structures for tax savings. After that, he was the Financial Controller at AMB Property Japan and handled all Japan related real estate accounting and financial issues. He also worked with Bear Stearns Japan as a Controller for Asset Backed Securities. Mr. Tomioka brings a wide range of skills and experience in accounting and finance to Galileo.
Edmond Courtroul - Legal Counsel & Compliance Officer: Mr. Courtroul is a lawyer with over 10 years experience in corporate and property related matters in Japan. Prior to joining Galileo, Mr. Courtroul was Senior Legal Counsel for Panasonic before taking on a role as Chief Legal Officer for the Redwood Group. In addition to his role as legal counsel for the company, Mr. Courtroul is responsible for compliance. He is fluent in Japanese.
Ryunosuke Nakajima - Senior Vice President, Investments: Mr. Nakajima has over 10 years of real estate business experience in Japan including 5 years in the securitization field. He developed office buildings and condominiums at a development firm for five years and subsequently joined the funds business. His main roles with previous employers, DTZ Japan and Unified Capital Japan were to source, analyze, close and manage investment transactions. He holds a real estate brokers license (Takken) and Certified Building Administration (CBA) qualifications and is fluent in English.
Hirofumi Kambayashi - Vice President, Asset Management: Mr. Kambayashi has obtained tertiary qualifications from both Japanese and American universities. He was a senior manager at Capital Advisors Co Ltd where he specialised in hospitality assets. He was responsible for all facets of asset management including acquisition, disposition and due diligence. Prior to that he was in a senior position in the asset management division of Jones Lang LaSalle Tokyo. He holds a real estate brokers license (Takken) and Certified Building Administration (CBA) qualifications.
Shunsuke Yoshida - Vice President, Asset Management: Mr. Yoshida has over 8 years of real estate related business experience in Japan. He was an asset manager at Macquarie Real Estate Capital, K.K. where he was responsible for multiple types of properties including office, retail and residential. Prior to that he specialised in retail properties at Pacific Management Corp. where his main focus was on acquisitions and leasing. He holds a real estate brokers license (Takken) and ARES Certified Master (ACM) qualifications.
Shiro Morimoto - Vice President, Asset Management: Mr. Morimoto has spent the last four years engaged in all facets of asset management for KW Investment Co., a subsidiary of Kennedy Wilson and Wells Fargo Co. He was also involved with treasury accounting and compliance related roles. He received a B.A. in Finance from the University of Nevada, Las Vegas.

Japanese Relationship Partners

Management services are provided to Galileo Japan by Nippon Kanzai, a credentialed Japanese property services group. Nippon Kanzai focuses on the creation and execution of value adding management strategies, portfolio level reporting and will oversee external property management service providers. Galileo Japan works closely with Nippon Kanzai in order to maximise return for the TK Operator and indirectly to Unitholders.

Nippon Kanzai (Tokyo Capital Management): Tokyo Capital Management is a wholly owned subsidiary of Nippon Kanzai.
Nippon Kanzai is an experienced and well respected real estate services provider with over 40 years experience in the Japanese market, having been founded in 1965. Nippon Kanzai is listed on the Tokyo Stock Exchange. Nippon Kanzai has principal offices in Tokyo and Osaka, in addition to a branch office network throughout Japan and employs approximately 7,000 people. Nippon Kanzai offers a broad variety of property related services including asset management, property management, risk management and building maintenance.