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Management Team of IPB AG

Karsten Müller, Chairman of the Executive Board

After studying Business Studies, Karsten Müller began his career in the treasury of Vereins- und Westbank AG (HVB-Group / Unicredit Group). Later, as director, he was in charge of asset management and product development and initiated the marketing of the intangible asset “patents” via funds. In 2001, to facilitate the growth of this business area, Müller and the bank together founded the IPB Group, with Müller becoming chairman of the Executive Board. IPB AG now has 80 employees and over 250 partnerships with research institutes and university faculty members, and is one of the leading companies in the valuation, further development, and commercialization of patents and technologies.

Reiko Koban, member of the Executive Board

After completing his studies in Business IT, Reiko Koban began his career as a risk controller in the Risk Management division of the Vereins- und Westbank AG (HVB-Group / Unicredit Group). Later he was responsible for the pricing of structured interest rate products in the bank's own interest rate trading section, subsequently developing credit trading with corporate bonds and credit default swaps. His career then took him to the Kiel HSH Nordbank, where Koban established himself in the area of own-account trading with credit derivatives. At the start of 2007 he laid the foundation for the Controlling and Reporting division of IPB AG and headed this division until he was appointed a member of the Board in September 2008. As CFO, Koban is responsible for Finance and IT, in addition to Financial Controlling.

Stephan Lipfert, member of the Executive Board

After studying Business Science at the Universities of Hamburg and Marburg, Stephan Lipfert started his career at the Vereins- und Westbank AG (HVB-Group / Unicredit Group) as a pensions and forex analyst. Later he was responsible for the structuring of pension portfolios and for the development of structured products for institutional customers. Lipfert is one of the founders of IPB AG and since then has had various responsibilities before being appointed to the Executive Board in September 2008. He is the author of numerous articles and publications relating to the marketing of intangible assets and the financing of R&D projects.