.

Board of Directors

Leadership

Douglas Brown

Chairman and CEO, AquaVenture Holdings Limited - CEO, Seven Seas Water

Douglas R. Brown has served as a member of our Board of Directors since January 2007. Mr. Brown founded AquaVenture Holdings LLC in December 2006 and has served as Chairman of AquaVenture Holdings LLC since January 2007. Mr. Brown served as chief executive officer of AVH from January 2007 to October 2012 and from October 2014 to present. Mr. Brown has also served as chief executive officer of the Seven Seas Water business from January 2007 to October 2012 and from October 2014 to present. From 2003 to 2005 Mr. Brown served as the chief executive officer of Ionics, Incorporated (NYSE: ION), a water purification technology company that was sold to General Electric in 2005. Together with his prior experience at Ionics, he has 20 years of experience in the water industry. Before joining Ionics, Mr. Brown spent 17 years at Advent International, a global private equity firm, the last 7 years of which he was chief executive officer. He also serves as an operating partner and senior advisor of Element Partners, a private equity firm. Mr. Brown received a B.S. in Chemical Engineering from Massachusetts Institute of Technology and an M.B.A. from Harvard Business School where he was designated a Baker Scholar and a Loeb Rhodes Fellow in Finance.

Anthony Ibarguen

President, AquaVenture Holdings Limited – CEO, Quench

Anthony Ibarguen has served as a member of our Board of Directors since June 2014. He has served as President of AquaVenture Holdings LLC since June 2014 and as the chief executive officer of the Quench business since October 2010. Mr. Ibarguen has served on the board of directors of Insight Enterprises (NASDAQ: NSIT), a Fortune 500 information technology business, since July 2008, and served as its interim president and chief executive officer in 2009. From 2004 to 2008, Mr. Ibarguen was the chief executive officer of Alliance Consulting Group, a privately held information technology consulting firm. From 2003 through 2007, Mr. Ibarguen served on the board of directors of C COR Inc., a publicly held global on demand network solutions provider to the cable industry (NASDAQ: ARRS). From 1996 to 2000, Mr. Ibarguen was president, chief operating officer and a director of Tech Data Corp., a Fortune 500 global technology distribution company (NASDAQ: TECD). He holds a B.A. in Marketing from Boston College and an M.B.A. from Harvard Business School.

Lee Muller

SVP and CFO, AquaVenture Holdings Limited and Seven Seas Water

Lee S. Muller has served as our Senior Vice President and Chief Financial Officer since October 2014. Mr. Muller has been Senior Vice President and Chief Financial Officer at Seven Seas Water Corporation since December 2013. From October 2005 to December 2012, Mr. Muller served as Executive Vice President and Chief Financial Officer of ContourGlobal, a developer and operator of electric power and district heating businesses. He was a core member of the management team and was responsible for commercial and investment banking, multilateral and rating agency relationships. Mr. Muller holds a B.S. in Accounting and Finance from Boston University and an M.B.A. from the University of Chicago.

AquaVenture Holdings Outside Directors

Michael Bevan

Managing Director and Co-Founder, Element Partners

Michael J. Bevan has served as a member of our Board of Directors since January 2007. Mr. Bevan is a cofounder and managing director at Element Partners, where he has served since 2005 and where his primary areas of investment focus include water purification, wastewater remediation, advanced materials, flow controls, advanced manufacturing, sensing technologies and instrumentation and emissions control and abatement. Mr. Bevan currently serves as a member of the board of directors of numerous private companies. Mr. Bevan holds a B.A. in English from Denison University and an M.B.A. from the Wharton School of the University of Pennsylvania.

Hugh Evans

Vice President, Corporate Development and Ventures, 3D Systems Corporation

Hugh Evans has served as a member of our Board of Directors since December 2013. Mr. Evans has led the merger and acquisition and venture capital investments arm for 3D Systems, a leading 3D printing company since March 2013. Prior to 3D Systems, Mr. Evans served as an analyst and portfolio manager at T. Rowe Price Associates for more than 20 years. He holds a B.A. from the University of Virginia and an M.B.A. from Stanford University.

Paul Hanrahan

Former CEO and Co-Founder, American Capital Energy & Infrastructure

Paul Hanrahan has served as a member of our Board of Directors since January 2012. Mr. Hanrahan served as chief executive officer and cofounder of American Capital Energy & Infrastructure, a private equity firm that invests in energy infrastructure assets, from September 2012 to December 2016. Prior to establishing American Capital Energy & Infrastructure, Mr. Hanrahan served as the chief executive officer and president of The AES Corporation (NYSE: AES), one of the largest global energy infrastructure companies in the world. Mr. Hanrahan serves on the board Ingredion (NYSE: INGR). He has also served on the boards of other major publicly listed utilities in Latin America and was twice appointed by the White House to serve on the US India CEO Forum. Mr. Hanrahan holds a B.S. in Mechanical Engineering from the United States Naval Academy and an M.B.A. from Harvard Business School.

David Lincoln

Managing Partner and Co-Founder, Element Partners

David Lincoln has served as a member of our board of directors since September 2016. Mr. Lincoln is a cofounder and has served as managing partner at Element Partners, a sustainability and industrial technology investment firm, since 2004. Mr. Lincoln’s areas of investment focus include renewable and alternative energy technologies, industrial internet and software, energy storage, advanced materials, traditional oil & gas and oilfield services. Mr. Lincoln currently serves as a member of the board of directors of numerous private companies and most recently chaired the Growth Equity Committee of the National Venture Capital Association. Mr. Lincoln holds a B.A. with honors from Colgate University and an M.S. from the University of Pennsylvania.

Evan Lovell

Investment Partner, Virgin Group – Founding Partner, Virgin Green Fund

Evan Lovell has served as a member of our Board of Directors from January 2007 to December 2007 and from December 2008 to present. Since 2012, Mr. Lovell has been responsible for managing the portfolio and investments of Virgin Group Holdings Limited and its affiliates (collectively, the “Virgin Group”) in North America and has been a partner in the Virgin Group. From 2008 to 2012, Mr. Lovell was the founding partner of Virgin Green Fund, a private equity fund investing in the energy and resource sector. Mr. Lovell is a member of the board of directors of Virgin America Inc. (NASDAQ:VA) since April 2013. From 1998 to 2008, Mr. Lovell served as an investment professional at TPG Capital, where he also served on the board of a number of TPG portfolio companies. Mr. Lovell holds a B.A. in Political Science from the University of Vermont.

Cyril Meduña

Managing Partner and Founder, Advent-Morro Equity Partners

Cyril Meduña has served as a member of our Board of Directors since January 2013. In 1989, Mr. Meduña founded Advent Morro Equity Partners, Puerto Rico’s first and largest private equity and venture capital firm. Advent-Morro’s portfolio companies operate in the US, Caribbean and Latin America. Since 2008, Mr. Meduña has served as Honorary Consul of Chile in Puerto Rico and the U.S. Virgin Islands. He obtained a B.S. in Mechanical Engineering from Rensselear Polytechnic Institute and an M.B.A. from George Washington University.

Brian O’Neill

Senior Advisor, Lazard International

Brian O’Neill has served as a member of our Board of Directors since May 2013. Mr. O’Neill, currently a senior advisor, joined Lazard International, a leading financial asset management business in 2009 as a vice chairman. He has served as director and as chair of the audit committee of Emigrant Bank since September 2009 and as a supervisory board member of Erste Group Bank AG since May 2009. Mr. O’Neill holds a B.A. from the University of San Diego and a Master’s Degree from the American Graduate School of International Management. He also completed the Executive Program at the Tuck School of Business at Dartmouth College.

Richard F. Reilly

Certified Public Accountant and Retired KPMG LLP Senior Audit Partner

Richard Reilly has served on our Board of Directors since October 2014. For 28 years prior to his retirement in 2009, Mr. Reilly served as a senior audit partner at KPMG LLP. Since July 2010, Mr. Reilly has served on the board of directors and as chair of the audit committee of Aspen Aerogels, Inc. (NYSE: ASPN), a leader in the energy insulation market. Mr. Reilly also serves as a member of the board of trustees and as chair of the audit committee of Perkins School for the Blind and as a member of the finance and audit committee for the Clergy Health and Retirement Trust Funds of the Archdiocese of Boston. From November 2012 to December 2013, Mr. Reilly served as a consultant to a Fortune 500 company related to finance, controls and governance issues at its subsidiary in India. Mr. Reilly holds a B.S. in Business Administration from Northeastern University and is a Certified Public Accountant.