Mr. Ran Fridrich is a Principal at Oristan Ltd. Mr. Fridrich is a Partner of Kanir. He has been in investment advising since 2001. He has been Consultant of Capstone Investments, CDO Repackage Program since January 2005. Mr. Fridrich has been the Chief Executive Officer of Ellomay Capital Ltd. since December 31, 2009 and served as its Interim Chief Executive Officer from January 1, 2009 to December 31, 2009. In January 2001, Mr. Fridrich founded the Proprietary Investment Advisory in Israel and served as its Investment Advisor until January 2004. He served as the Chief Executive Officer of Lito Ziv from 1999 to 2001 and Mirkam Packaging Ltd. from 1983 to 1999. He Co-founded Oristan Ltd., an Investment Manager of CDO Equity, Mezzanine Funds and a Distress Fund. Mr. Fridrich has been a Director of Cargal Ltd. since September 2002. He has been a Director of NUR Macroprinters Ltd. since March 31, 2008. He has been a Director of Ellomay Capital Ltd. since March 31, 2008. He served as a Director of Plasto-Sac Ltd. since June 27, 2007. Mr. Fridrich is a Graduate of the Senior Executive Program of Tel Aviv University.