Mr. Thomas Karl, the Company’s Chairman, CEO and President, has over 18 years of experience in the dialysis service business. Mr. Karl was formerly General Counsel of Renal Treatment Centers, Inc. and President of its international subsidiary and a contributor to its unprecedented growth in the company’s business until 1998 when it was sold to Total Renal Care Group, Inc. now known as DaVita, Inc. As counsel he handled more than 65 acquisitions for RTC and was integrally involved with the development and implementation of business strategies associated with such growth. Mr. Karl’s experience in the formation of dialysis companies, structures and operations is extensive. He was personally responsible for the formation, acquisition, operations and implementation of procedures and strategies of various start-up dialysis companies including those in the Republic of Argentina. RTC created operations in Argentina in 1995 and Mr. Karl, as President of RTC’s international subsidiary was personally responsible for all aspects of the 42-dialysis facilities acquired under his direction. Mr. Karl was formerly a shareholder with the National law firm of Buchanan Ingersoll & Rooney where he practiced in the area of healthcare acquisitions, finance and general corporate. In addition, Mr. Karl was a former partner from 1990 to 1995 of the Philadelphia based law firm of Duane, Morris & Heckscher. Mr. Karl also worked on Wall Street as an assistant vice president with Irving Trust Company, prior to entering law school. Mr. Karl is a 1978 graduate of the Wharton School of Finance and Commerce at the University of Pennsylvania and a 1983 graduate of The Dickinson School of Law.