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Stephen T. Grugeon <br /> 1000 Continental Drive,Suite 400 <br /> King of Prussia, PA 19406 <br /> 610-230-2850 <br /> Nationwide Investment Advisors, LLC <br /> 10 West Nationwide Blvd <br /> Mail Code: 5-04-206J <br /> Columbus, OH 43215 <br /> 614-435-5922 <br /> Item 2 Educational Background and Business Experience <br /> Name: Stephen T. Grugeon <br /> Year of birth: 1950 <br /> Formal education after high school: <br /> University of Baltimore, BS Accounting, 1976 <br /> General business background during the last 5 years: <br /> Oversees various areas of Nationwide Funds Group - a $47B mutual fund company. Responsible for reporting <br /> to the Mutual Fund Board of Trustees for two separate trusts. Oversees operations and technology at the firm, <br /> and is responsible for multi-location reports. Also responsible for relationship management with affiliated <br /> distribution outlets. <br /> Positions held during the last 5 years: <br /> Entity Title Effective Date End Date <br /> Nationwide Emerging Managers, LLC Manager, President and Chief Operating Officer 3/8/2008 Current <br /> Nationwide Emerging Managers, LLC Senior Vice President and Chief Operating Officer 6/29/2007 3/8/2008 <br /> Nationwide Fund Advisors Director 1/31/2008 Current <br /> Nationwide Fund Advisors Executive Vice President and Chief Operating Officer 8/1/2008 Current <br /> Nationwide Fund Advisors President 1/31/2008 8/1/2008 <br /> Nationwide Fund Distributors LLC Director 1/31/2008 Current <br /> Nationwide Fund Management LLC Director 1/31/2008 Current <br /> Nationwide Fund Management LLC Executive Vice President and Chief Operating Officer 8/1/2008 Current <br /> Nationwide Fund Management LLC President 1/31/2008 8/1/2008 <br /> Nationwide Global Ventures, Inc. Director, President and Chief Operating Officer 3/8/2008 Current <br /> Nationwide Global Ventures, Inc. Senior Vice President and Chief Operating Officer 6/29/2007 3/8/2008 <br /> Nationwide Investment Advisors, LLC Executive Vice President and Chief Operating Officer 6/19/2009 Current <br /> Nationwide Investment Advisors, LLC Manager 5/6/2009 Current <br /> 2 <br />