Optimal Payments’ Management Team JOEL LEONOFF President & CEO Joel serves as executive director and president and CEO of Optimal Payments Plc. Joel is an entrepreneurial leader and visionary, with a proven track record, having served as CEO, COO and CFO of private and publicly traded companies. Joel created the e-commerce powerhouse BCE Emergis through the merger of Mpact Immedia Ltd. with Bell Canada Enterprises. In 1998 he founded SureFire Commerce Inc. (renamed Terra Payments), a Canadian TSE‐ listed payments company, where he served as COO and CFO. SureFire Commerce later merged with the Optimal Group to form Optimal Payments Inc., a NASDAQlisted online payments company. Joel has also previously served as group operations director/COO of Partygaming Plc, a FTSE 100 company, regarded as the world’s leading online gaming company. In 2000, Joel was recognized by the Globe and Mail's Canada Top 40 under 40 award, honoring Canadians for their vision, leadership, innovation, achievement, and community involvement. Mr. Leonoff is a chartered accountant with a Bachelor of Commerce Degree (James McGill Award) and a Graduate Diploma in Public Accountancy (C.D. Mellor Award) from McGill University. KEITH BUTCHER Chief Financial Officer Keith joined the group in 2010 as CFO and oversaw the transformational acquisition of OP Inc in February 2011. Keith sits on the PLC Board as one of the two executive directors, along with the CEO. Keith has extensive experience in the online payments and technology sectors having previously been finance director of a number of London Stock market listed businesses including Datacash Group Plc, the online payments processor, where he was served for six years from 2002 during its period of rapid growth leading to its ultimate sale to MasterCard. Keith was also finance director of Flomerics Group Plc, an AIM-listed international engineering software business, where he oversaw the sale of the business to NASDAQ-listed Mentor Graphics Inc. Keith qualified in the UK as a chartered accountant with KPMG and has worked as a consultant with firms such as PricewaterhouseCoopers. Keith has a Bachelor of Science (BSC) degree in Management Science from the University of Warwick and is a qualified chartered accountant (Institute of Chartered Accountants in England and Wales. DANNY CHAZONOFF Chief Operating Officer Danny is the COO of the Optimal Payments group. He has also held the positions of CTO and COO at Optimal Payments and has been a part of the company since its founding. Danny’s areas of focus include providing leadership, management and direction in the areas of Bank and Partner relationships, Product Direction, Technology and Risk and Operations. Prior to joining Optimal, Danny served as vice president, MIS and Web Development at BCE Emergis, a subsidiary of Bell Canada, and as director of operations for AVS Technologies, a leading distributor of consumer electronics. Danny brings a wealth of international payments expertise and IT experience to the Optimal Payments group. Danny holds a Bachelor of Commerce with a major in Management Information Systems from McGill University and an MBA from the John Molson School of Business in Montreal. NEIL ERLICK Executive Vice-President, Business Development A seasoned industry executive, Neil has been a key member of the Optimal Payments senior management team since 2000. In recent years, Neil has been tasked with the strategic development and marketing of online payment solutions for large-scale merchants. These comprehensive solutions include the implementation of online gateway services, merchant accounts, mobile and alternative payments, and risk management services. Neil is responsible for the Company’s North American gaming initiatives and seeking new strategic partnerships. Neil previously served as senior vice president of business development, where he oversaw the Company’s regulated European gaming services. LORENZO PELLEGRINO Executive Vice-President, NETELLER An experienced business strategist, Lorenzo Pellegrino has been instrumental in growing Optimal Payments’ NETELLER eWallet globally. As executive vice-president of NETELLER, Lorenzo is responsible for expanding the Company’s B2B and B2C business, identifying new business opportunities, increasing customer acquisition, delivering on revenue goals and executing product development plans. Prior to joining Optimal Payments, Lorenzo held the position of vice president, business development and vice president, sales & account management at a global consumer-based e-payment company. Lorenzo is a graduate of Università Commerciale “Luigi Bocconi” in Milan, Italy.
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