CarVal Investors employs approximately 165 people in the U.S., Europe and Asia, including approximately 70 investment professionals with specialization in distressed Corporate Securities, Liquidations, Loan Portfolios and Structured Credit. CarVal Investors’ commitment to attracting and retaining top people is demonstrated by the long tenure of its investment professionals including the firm’s senior investment professionals who have an average tenure of 11 years. Its ability to retain high-quality professionals translates into a shared vision and sense of purpose. It also provides a deep experience base that can be applied directly and cooperatively to each transaction, reducing risk and increasing reward for all involved. Finally, it assures continuity in its global long-term relationships and management of opportunistic value investments.