Jonathan Gutierrez Promoted to Executive Vice President

BELLEVUE, WA – December 18, 2017 – Alexander Marine International, the importer of Ocean Alexander
yachts, is pleased to announce promotions of Jonathan Gutierrez to Executive Vice President of Merritt Island
Boat Works, the U.S. manufacturing facility for Ocean Alexander yachts.

“Jonathan was with us from the very onset of this new manufacturing venture in the United States,” said
Richard Allender, Director of US Operations. “His exemplary career in the yachting industry and impressive
knowledge of yacht manufacturing has been instrumental in the success of this US manufacturing facility. He
has proven himself to be a remarkable leader through our first few years and we anticipate his elevated role
will result in more improvements to our manufacturing processes and innovations to the Ocean Alexander
70e and any future models produced in Florida.”

Jonathan Gutierrez will be responsible for maximizing operation efforts and meeting financial objectives for
the Merritt Island facility. He was an integral part of the team who broke ground on the new manufacturing
facility in Florida, to build the Ocean Alexander 70e. Mr. Gutierrez began his career in the marine industry in
1999 after his service with the USMC, where he received the Navy and Marine Corps Achievement Medal for
his service in combat. He also received the SFMA Employee of the Year Award in Boat Manufacturing during
his exemplary career.

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