PENDER GROWTH FUND INC.

Pender Growth Fund Inc. is an investment firm. The investment objective of the Company is to achieve long-term capital growth from investment in opportunities identified by the manager. The Company utilizes its small capital base and long-term horizon to invest in situations, primarily small cap, special situations, and illiquid public and private companies. The firm invests in public and private companies, principally in the technology sector. The Company's manager is PenderFund Capital Management Ltd. Employees - Sector Investment Management & Fund Operators