Team tern for the win We have the experience and expertise to help drive your people to succeed “Individually,we are one drop.Together,we are an ocean” Ryunosuke Satoro Board of Directors and Investment Committee Ian Ritchie Non-Executive Chairman Learn More Alan Howarth Non-Executive Director Learn More Sarah Payne Non-Executive Director Learn More Senior Leadership Team Al Sisto Chief Executive Officer Learn More Bruce Leith Business Development Director Learn More Discover more about the tern network of companies Al Sisto Chief Executive Officer Al is Tern’s CEO, a non-Board position. Al’s an IT industry veteran with more than 25 years senior executive level experience. As Chief Operating Officer at RSA Data Security Inc., the leading security software company, he led its transformation from a passive patent licensing operation to an aggressive, sales oriented software company. At RSA he negotiated partnership agreements with IBM, Intel, Compaq, Cisco and Nortel. Al was Chairman, President and CEO of Phoenix Technologies Ltd, the global BIOS software company. He revitalised Phoenix through the acquisition of Internet appliance business, Ravisent Technologies; investing in semiconductor and microprocessor designer Transmeta and spinning off Silicon Corporation. LinkedIn Sarah Payne Non-Executive Director With over 25 years financial management experience, Sarah is a seasoned board director. Sarah qualified with Ernst & Young as a Chartered Accountant before joining its corporate finance team. She then spent six years with the BBC, firstly within commercial and investment strategy and then as Head of Financial Planning and Analysis. For the seven years before joining Tern PLC, Sarah was an outsourced Finance Director for SME businesses principally within high tech markets. LinkedIn Bruce Leith Business Development Director Bruce is Tern’s Business Development Director, a non-Board position. Bruce has more than 30 years board-level experience. He began his career with IBM and has extensive international sales management and board-level experience in the software industry including senior-level positions at DataWorks Corporation; London Bridge Software International and Codestream. Specialising in delivering high growth, high-profit results through product development, portfolio repositioning, and geographical expansion, Bruce was involved in the successful sale of a number of companies including Interactive UK; London Bridge and Codestream. Bruce is also an active angel investor in several high growth software businesses. LinkedIn Ian Ritchie Non-Executive Chairman Ian Ritchie is the non-executive Chairman of Computer Applications Service, and Krotos and completed his term of office as the Chairman of Iomart plc in August 2018. He founded OWL in 1984, which pioneered hypertext application development (a forerunner to the world wide web) selling the company to Panasonic in 1989. Since then he has been involved in over 50 start-up high-tech businesses. Ian has a degree in Computer Science from Heriot-Watt University (1973) and holds Honorary Doctorates from Robert Gordons, Abertay, Heriot-Watt and Edinburgh Universities. His TED talk has been viewed over 600,000 times. LinkedIn Alan Howarth Non-Executive Director Alan has extensive experience as a Chairman and Non-Executive Director of private and public companies. He is a specialist in building and selling technology businesses. Previously, Alan was a partner at Ernst & Young and is one of the founding partners of the EY Management Consulting practice in the UK. For the last fifteen years he has been managing a portfolio of non-executive appointments. The Audit and Remuneration Committees are chaired by Alan. He invites parties to attend as required.