Drew P. MacKintosh

The Ryland Group, Inc. engages in homebuilding and provision of mortgage-related financial services. It operates through the following segments: Homebuilding, Financial Services, and Corporate. The Homebuilding segment includes the sale and construction of single-family attached and detached housing, town homes, and condominiums. Its four geographically-determined Homebuilding Regions include North, Southeast, Texas, and West. The Financial Services segment includes loan origination and mortgage, title, escrow and insurance services to its homebuyers. The Corporate segment is a non-operating business unit segment whose purpose is to support operations. The company was founded by James P. Ryan and Robert J. Gaw in 1967 and is headquartered in Westlake Village, CA.

Deutsche Bank Securities, Inc. (DBSI) is a SEC-registered broker/dealer headquartered in New York City. The firm was founded in 1971 and is a wholly-owned investment banking and brokerage arm of DB U.S. Financial Markets Holding Corp., ultimately held by Deutsche Bank AG (NYSE: DB, FRA: DBK) in Germany. DBSI provides securities brokerage and investment advisory services to domestic and international private clients and institutions. They are also a primary dealer in US government securities as designated by the Federal Reserve.

Founded in 1999 by the late Thomas Watson, Janney Montgomery Scott LLC (JMS) is a full-service financial services firm and registered broker/dealer headquartered in Philadelphia, Pennsylvania. The firm is a subsidiary of Independence Square Properties LLC, itself a subsidiary of Penn Mutual Insurance Co. Their ultimate parent is Harleysville Mutual Insurance Co. JMS is a member of the NYSE, the SIPC and FINRA. The firm provides comprehensive financial advice and services to individual, corporate and institutional investors. Their primary coverage verticals include the consumer, technology, financials and infrastructure sectors.

UBS Investment Bank provides investment banking and securities brokerage services. Its clients include institutional and corporate clients, intermediaries, governments, and hedge funds. The firm also provides merger and acquisition advisory, private placement, investment research, foreign exchange, equity, and leverage finance advisory services. The firm is headquartered in San Francisco, CA.