Rachel H. Lee is a former private equity partner and served for 14 years, most recently as Partner and Head of the Consumer Private Equity practice, at Ares Management Corporation (NYSE: ARES) until December 2022. Ms. Lee has deep finance and investment experience. Prior to her appointment to the Board in 2024, Ms. Lee served in various roles within the finance and investment industries for 17 years, of which 10 years were dedicated to gaining board membership experience at growth-oriented companies, including publicly traded entities. She holds a B.S. in Business Administration and a B.S. in Accounting from the University of Southern California. Ms. Lee serves on the board of directors of Xponential Fitness, Inc. (NYSE: XPOF) since August 2025 and was recently appointed to the audit committee. She also serves on the boards of Applied Digital Corporation (NASDAQ: APLD) since February 2024, and Legacy Franchise Concepts since June 2024. Ms. Lee has previously served on the boards of various other companies, including Cooper s Hawk Winery & Restaurants from 2019 to 2022, Floor and Decor Holdings, Inc. (NYSE: FND) from 2015 to 2021, and Insight Global from 2014 to 2016, among others. During her tenure at Ares, Ms. Lee was responsible for all aspects of deal activity from origination to monetization, including due diligence, debt capital raises, tack-on acquisitions, legal negotiations, and initial public offerings.