Calvin H. Baker

Eddie C. Brown

Maurice L. Haywood

Walton D. Pearson

Robert E. Hall

Kempton M. Ingersol

Keith A. Lee

Amy Y. Zhang

Martin J. Steinik

Stewart L. Gronek

Calvin H. Baker, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 2000 and began his professional career in the industry in 1969. Prior to this, Mr. Baker was Chief Financial Officer and Treasurer of Wisconsin Energy Corporation and a Senior Vice President and Analyst at the Financial Services Corporation of New York. He also worked as a Securities Analyst at Smith Barney, Harris Upham and as a Corporate Loan Officer at Citibank. Cal worked outside of the investment business as an entrepreneur for 15 years. He earned a Masters in Business Administration (MBA) in Finance from the University of Chicago Graduate School of Business and a Bachelor of Arts (BA) in History at Franklin & Marshall College. Cal is currently on the Board of the Walters Art Museum.

Eddie C. Brown, President, CEO, founded Brown Capital Management in 1983 and began his career in the industry in 1970. Prior to this, Mr. Brown was a Portfolio Manager at T. Rowe Price Associates, Inc. and Irwin Management Company. Ed worked outside of the investment business as an electrical engineer for 5 years. He is a Chartered Financial Analyst (CFA) and a Chartered Investment Counselor (CIC). Ed earned a Masters in Business Administration (MBA) from the Indiana University Graduate School of Business, a Masters of Science in Electrical Engineering (MSEE) from New York University, and a Bachelor of Science (BSEE) in Electrical Engineering from Howard University. Ed is active in community affairs, serving on the East Baltimore Development Inc., the Greater Baltimore Committee, and Municipal Mortgage & Equity LLC (MUNIMAE). He is also a member of the Presidents’ Roundtable. Ed was a regular panelist for 23 years on Louis Rukeyser’s Wall Street – Nationally televised CNBC Program that ended 12/31/04. He was inducted into the Wall $treet Week with Louis Rukeyser Hall of Fame (1996).

Maurice L. Haywood, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 2000 and has been in the financial services industry since 1987. Prior to this Mr. Haywood was a Partner & Investment Analyst at Holland Capital Management and an Assistant Vice President at the First National Bank of Chicago. He is a Chartered Financial Analyst (CFA). Maurice earned a Masters in Business Administration (MBA) in Finance and Marketing at J.L. Kellogg Graduate School of Management (Northwestern University) and a Bachelor of Arts (BA) in Accounting and Finance at Morehouse College. Maurice is a Member of the CFA Institute and the Baltimore CFA Society, Inc.

Walton D. Pearson, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 2005 and has been in the industry since 1983. Prior to this, Mr. Pearson was a Managing Director and Senior Portfolio Manager at Putnam Investments and a Senior Vice President and Senior Portfolio Manager at Alliance Capital Management. Walt earned a Masters in Business Administration (MBA) in Finance from the Harvard Graduate School of Business Administration, a Bachelor of Science (BS) in Management at St. Francis College, and is a 2006 Graduate of the Greater Baltimore Committee Leadership Program. Walt is a Member of the Board for the Baltimore School of the Arts, Center for Fathers, Families and Workforce Development, University of Maryland Baltimore Country Alex. Brown Center for Entrepreneurship, Living Classroom Foundation, and an Investment Committee Member of the Garrison Forest School.

Robert E. Hall, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 1993 and has been in the industry since 1962. Prior to this Mr. Hall was a Partner of Emerging Growth Partners, Inc. and a Portfolio Manager at T. Rowe Price Associates, Inc. Bob worked outside the investment business for 8 years. He earned a Masters in Business Administration (MBA) at Harvard Graduate School of Business Administration and a Bachelor of Science in Engineering (BS) at Johns Hopkins University. Bob was a Trustee for Peabody Institute of Johns Hopkins University from 1981-1986.

Kempton M. Ingersol, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 1999 and has been in the industry since 1989. Prior to this Mr. Ingersol was a Vice President at Dain Rauscher Inc. and a Vice President at Grigsby Brandford & Co. Kempton earned a Masters in Business Administration (MBA) in Finance at the University of Michigan and a Bachelor of Arts (BA) in Political Science at Amherst College. Kempton is a Trustee for the University of Maryland, Baltimore Foundation, and a Mentor for Turning the Corner Achievement Program and other local youth organizations. He is a Chartered Financial Analyst (CFA) Candidate Level II.

Keith A. Lee, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 1991 and has been in the industry since 1986. Prior to this, Mr. Lee was a Vice President at Nexus Consulting Group and an Investment Representative at BT Alex Brown. Keith earned a Masters in Business Administration (MBA) from the Darden Graduate School of Business Administration and a Bachelor of Arts (BA) in Psychology at the University of Virginia. Keith served as Trustee for the University of Maryland Baltimore County and is a former Trustee for The Baltimore Museum of Art, where he remains an Investment Committee Member.

Amy Y. Zhang, Managing Director, Senior Portfolio Manager, joined Brown Capital Management in 2002 and has been in the industry since 1993. Prior to this, Ms. Zhang was a Portfolio Manager/Analyst at Epsilon Investment Management LLC and an Analyst at Templeton Worldwide. She is a Chartered Financial Analyst (CFA). Amy earned a Masters in Business Administration (MBA) in Finance from the Columbia Business School and a Bachelor of Arts (BA) in Economics at Manhattanville College. She is Past President of the Baltimore CFA Society, Inc., current Membership Chair and Board Member of the Baltimore CFA Society, Inc., a Member of the CFA Institute, and a Member of the Columbia Business School Ambassadors Program.

Martin J. Steinik, Managing Director, Senior Portfolio Manager, began his career in the industry in 1994 and joined Brown Capital Management in 2005. Prior to this, Mr. Steinik was a Vice President and Senior Analyst at J. P. Morgan, an Analyst at Morgan Stanley and a Research Analyst at Templeton Investment Counsel. Martin earned a Masters in Business Administration (MBA) from the London Business School and a Bachelor of Science (BS) in Communications at the University of Miami. He is a Chartered Financial Analyst (CFA). Martin is a Member of the CFA Institute and the Baltimore CFA Society, Inc

Stewart L. Gronek, Director, Portfolio Manager, began his career in the industry in 1998 and joined Brown Capital Management in 2006. Prior to this, Mr. Gronek was an Equity Analyst at J. P. Morgan Securities, Inc., and an Equity Research Analyst at M.A. Weatherbie & Company. In addition, Stewart has industry experience working at Northern Trust Company and PetSmart Inc. Stewart earned a Master of Business Administration from the Columbia Business School and a Bachelor of Science (BS) in Economics at Tulane University. He is a Chartered Financial Analyst (CFA) Candidate Level II.