Michael Blitzer

Mr. Blitzer has served as a member of our Board since February 2023. Mr. Blitzer  is also Chairman of the Board of USA Rare Earth (Nasdaq: USAR) since its 2025 public listing. He is also lead independent director of Merlin Labs, Inc. (Nasdaq: MRLN). He is also currently the Chairman and CEO of Inflection Point III and Inflection Point V which have announced transactions with Air Water and GoWell, respectively, in the water and energy fields. Mr. Blitzer is the Chairman and CEO of Inflection Point Asset Management, the financial sponsor of strategically important assets in the critical infrastructure and national security industries, since 2024. He was the founder and CEO of Kingston Capital Management, which he founded in 2004 and grew to a multi-billion asset manager with some of the world's largest endowments and foundations until 2021. Mr. Blitzer began his Wall Street career at J.P. Morgan Securities in 1999 advising companies globally in private debt and capital raises followed by work at the investment fund Gotham Asset Management, which was founded by the author and investor Joel Greenblatt. Mr. Blitzer taught courses in investing at Columbia Business School for five years in the 2010s. He holds an M.B.A from Columbia Business School and a B.S. from Cornell University. Mr. Blitzer is well qualified to serve on our Board due to his experience with public companies and his financial expertise.