PIERRE R. LATOUR CONSULTING CHEMICAL ENGINEER Address: 810 Herdsman Drive, Houston, Texas, 77079-4203. Tel: 281-556-8179, email: clifftent@hotmail.com PROFESSIONAL EXPERIENCE SUMMARY FIELDS OF COMPETENCE: • Hydrocarbon Processing. Know fuel, petrochemical process operations, chemistry, economics. Specialist in

fractionation, cracking, light ends distillation. Know most of oil refining industry in North America, South America, Europe, Mid East, Japan and Asia-Pacific. Process engineering and process operations analysis.

• Process Control. Industrial application of advanced process computer control, including multivariable predictive control (IDCOM, [DMC]) and on-line optimization.

• Planning and Economics. Developed strategic automation master plans and economic justifications for process control and information systems.

• Direct Consulting. To 62 different clients worldwide. • Management. Project operations division, P&L responsibility, staff of 75. Chairman, Setpoint Japan, Inc. • Marketing. Central corporate sales and marketing, licensing, contracting worldwide. $35 million/year bookings,

staff of 50. CAREER ACHIEVEMENTS: • Developed industry standard Advanced Process Control (APC)/optimization technology for oil fractionation (TBP

cut points without analyzer), FCC and general distillation. Developed automation strategies for reformulated fuels. • Defined methods of justification of APC and Refinery Information Systems (RIS). First to devise proper method

for assessing financial value from improved dynamic performance, smoother operation, CLIFFTENTTM. Proved modeling limit penalties allows calculation of optimum operating targets for quantified profit.

• Created APC and IT technology solution performance based pricing and licensing methods, SR2TM. • Employed by DuPont, Shell Oil, Biles & Associates, Setpoint, Dynamic Matrix Control Corp, AspenTech and

CLIFFTENT. • Co-founder of five companies: CLIFFTENT Inc., Setpoint, Inc., Setpoint Japan, Inc., Setpoint Nippon, Inc. and

Biles and Associates, Inc. • Setpoint started in 1977, sold to Cegelec for $45 million in 1991, DCS vendor offer $60 million declined in 1993,

Latour left for DMCC 1995, AspenTech purchased for $26 million in 1996. • Established cooperation agreement between Setpoint and UOP; Setpoint Japan JV with Cosmo Oil. • Led refinery APC business developments in Japan, Europe, Australia, India, Venezuela and U.S. • Developed and achieved corporate strategic plans over 15-20 year period. Growth 23% per year compounded,

profitable every year. Central to most profitable activities/projects in company, with track record of no serious project, contract, commercial or technical failures.

• Director, Advanced Extraction Technologies, Houston, since 1992. • CONTROL Magazine 1999 Engineer of the Year; March 1999, V. XII, No. 03, p 42 - 44. • Purdue University Outstanding Chemical Engineer 2007 Award, W Lafayette, IN, October 25, 2007. PROFESSIONAL ORGANIZATIONS • Registered Professional Engineer Texas (Chemical); California (Control Systems) • AIChE, ACS, Tau Beta Pi, Phi Kappa Phi, Omicron Delta Kappa • Corporate Representative to NPRA (1974 - 96), Member of Computer Applications Committee (1995 - 96) EDUCATION Ph.D. Chemical Engineering Purdue University 1966 M.S. Chemical Engineering Purdue University 1964 B.S. Chemical Engineering Virginia Polytechnic Institute 1962 Graduate Courses: Physics, Math University of Houston, UCLA 1968 1997 - 2014. CLIFFTENT INC. CONSULTING CHEMICAL ENGINEER. Vice Chairman, Principia Scientific International, http://www.principia-scientific.org/ 2013 - Date. Director, AET: Advanced Extraction Technologies Inc., Houston, Dec 92 - Date. Director, INVATEC: Innovative Valve Technologies Inc. (IVTC on NASDAQ), Houston, Nov 97 - Oct 98. Member Information Resources Inc. Advisory Board and World Fuels Group Jun 1995-Jan 1998. CIMFUELS Editor, FUEL TECHNOLOGY & MANAGEMENT, Sept 1995 - Jan 1998. Page 1/10

1996 - 1997 ASPEN TECHNOLOGY, INC., HOUSTON ADVANCED CONTROL AND OPTIMIZATION DIVISION 1996-1997 Vice President, Business Development & Consulting Engineer Planning, strategies, consulting, communications with client senior management, ACU project execution, financial benefits, third party relations, CIMFUELS performance licensing. Representative to NPRA. 1995 - 1996 DYNAMIC MATRIX CONTROL CORPORATION, HOUSTON 1995-1996 Vice President, Business Development Planning, strategies, consulting, communications with client senior management, FCC & ACU project executions, financial benefits, CIMFUELS. Rep to NPRA & Member, Computer Applications Committee. 1977 - 1995 SETPOINT, INC., HOUSTON Co-founder. Elected to Board of Directors nine out of fourteen years. (1991-1995) Vice President Business Development, Marketing. Strategic planning, business strategies, shareholder relations, marketing communications (ads, press, conferences, materials), investment planning, relations with client/third party senior management. Representative to NPRA. (1989-1991) Vice President Central Marketing. Corporate sales, marketing, third party relations, development justification, planning, forecasting. Bookings increased 23% per year with improved margins. Staff of 50. APC, MIS, CIM, software products to hydrocarbon processing and industrial manufacturing industries. Set and achieved goals and budgets. Rep to NPRA. (1986-1989) Vice President Oil Refining Division. Profit and loss responsibility for APC and optimization of oil refineries, Setpoint's largest and most profitable sector. Marketing, services, project execution, field commissioning, technical development. Staff of 75. Revenues grew 25% per year with increased margins. Set and achieved goals. Representative to NPRA. (1984-1990) Chairman, Board of Directors, Setpoint Japan, Inc. Setpoint officer in charge of 50/50 joint venture Japanese company with Cosmo Oil Co. in Tokyo. Sales, licensing, support services representative. Staff of 10. (1977-1986) Consulting Engineer - Vice President Co-founder. Start-up services in U.S., Canada and Europe. Performed studies, implemented projects, trained staff, marketed services/projects/technology, developed technology and business. Representative to NPRA. Justified, designed and implemented computer control strategies for crude oil distillation units, vacuum units, fluid catalytic cracking units, catalytic reforming units, ethylene plant distillation trains, refinery distillation columns and high density polyethylene reactors. Justified, designed and implemented on-line computer yield accounting and energy information systems for two entirely new refineries. Justified and designed optimizing computer control for tar sands and heavy oil conversion complexes including coking, hydrocracking and partial oxidation. Made economic analyses and developed control strategies for a delayed coker, ammonia plant, two fluid catalytic cracking units and two aromatics recovery units. Assessed the incentives and set the project scope for on-line computers for major oil companies for operating information and control systems for refinery expansions. Page 2/10

1971 - 1977 BILES AND ASSOCIATES, INC., HOUSTON Co-Founder/Manager Process Control Engineering. Technical development, consulting studies, projects, marketing for advanced process computer control of oil refineries in U.S., Canada and France. Implemented first commercial crude unit computer control project. Company staff grew from 4 to 35. Profitable every year. Representative to NPRA. 1970 - 1971 DAVIS COMPUTER SYSTEMS, INC., NEW YORK CITY Manager Process Control Engineering. Olefin project, crude unit, coker, and FCC studies. 1969 - 1970 SHELL OIL COMPANY, NEW YORK CITY Senior Engineer Head Office Coordinator for computer control of existing refinery units and planned new construction. Justified first commercial FCC control project in Shell Oil Company. 1967 - 1969 NASA MANNED SPACECRAFT CENTER, HOUSTON (1968-1969) Chief - Simulation Branch Captain - U.S. Army Ordinance Corps. Hybrid computer simulations of Apollo docking, Lunar Module, separation maneuvers, Saturn V booster wind gust loads. Managed two contractors. (1967-1968) Computation and Analysis Division Checked spacecraft control system software, differential equation solver, complex variables, optimal control, modern physics. Mathematician, First Lieutenant, U.S. Army Ordinance Corps. 1966 - 1967 SHELL OIL COMPANY, DEER PARK, TEXAS Research Engineer Computer control and optimization of FCC in refinery. Closed first computer control loop in Shell. Patent application for use of LP in multivariable control, precursor of [DMC]. Hybrid computer dynamic simulation of FCC carbon, afterburn and snowball effects. Research on optimal control theory application. Lectures to industry and universities. 1963 DUPONT, WILMINGTON, DL Summer Engineer - Experimental Station Filter and diffusion studies of polyamide, polyester and polyolefin solutions and precipitates. 1958 - 1961 DUPONT, KINSTON, NC Co-operative Student - Dacron Plant Seven college quarters (21 months). Developed improvements in polyester staple plant spinning, drawing, crimping, drying and finishing processes. Studied optical and physical properties of polyester fibers. Studied polymer diffusion and extraction in laboratory. Awarded patent for Dacron fiberfill. CLIENT LIST - Direct Billings- 62 El Paso Products, American Ultramar, Sohio, Cosden, Golden Eagle Canada, Celenese, Olin, El Paso Natural Gas, Canadian Petrofina, Champlin Petroleum, Rock Island Refining, Gulf Oil Canada, Socal, Union Carbide Prelcor, Union Carbide, Ashland Oil, Ethyl, City of Dallas, Caltex, Total - CFR, Total - CFP, Aramco, Union Oil, Shell Canada, Hawaiian Independent Refinery, GAF, Borco, Oxirane, ARCO, AMOCO, Nokia, Neste Oy, Good Hope Refining, Alyeska, Maraven, Petrosar, Murphy Oil, Alsands, Corel Petroleum, Idemitsu Kosan, Idemitsu Petrochemical, Daikyo Oil, Cosmo Oil, Enterprise Gas Processing, Procter & Gamble, ALCOA, EMS/ Natref, Veba Oel, Kashima Oil, Nippon Petroleum Refining, Pennzoil, Koch Refining, Exxon, OMW, EMP/Repsol, Union Kraffstoff, Madras Refining, Shell Australia, Mobil, Japan Energy, SAIC, Sasol. Page 3/10

PUBLICATIONS - 88 Latour, P.R., “The Design and Construction of a Countercurrent Two-phase Chemical Reactor with an Automatic Control System for the Production of Nitric Oxide”, Thesis for BS ChE Degree, Virginia Polytechnic Institute, June 1962. Ciporin, L. and Latour, P.R., "Production of Asymmetrically Birefringent, Crystallizable Thermoplastic Polymer Filaments", U.S. Patent 3,134,833, issued to DuPont, May 26, 1964. Latour, P.R., "Application of Pontryagin's Maximum Principle to Time Optimum Control of a Second-Order Overdamped System with Transportation Lag", Thesis for M.S. Degree, Purdue University, W. Lafayette, IN, June 1964. Koppel, L.B. and Latour, P.R., "Time Optimum Control of Second-Order Overdamped Systems with Transportation Lag", I & EC Fundamentals, V4, n4, p. 463 (1965). Latour, P.R., "Time Optimum Control of Chemical Processes", Thesis for Ph.D. Degree, Purdue University, W. Lafayette, IN, June 1966. Latour, P.R., Koppel, L.B. and Coughanower, D.R., "Time Optimum Control of Chemical Processes for Set-Point Changes", Paper 17c, 60th National Meeting, AIChE, Atlantic City, NJ, September 1966. Latour, P.R., "Time Optimum Control of Chemical Processes", graduate seminar, School of Chemical Engineering, Purdue University, W Lafayette, IN, October 18, 1966; and Chemical-Petroleum Engineering Department, University of Houston, TX, October 31, 1968. Latour, P.R., Koppel, L.B. and Coughanower, D.R., "Time Optimum Control of Chemical Processes for Set-Point Changes", I & EC Process Design & Development, V6, n4, p. 452 (1967). Latour, P.R., Koppel, L.B., and Coughanower, D.R., "Feedback Time-Optimum Process Controllers", I & EC Process Design & Development, V7, n3, p. 345 (1968). Latour, P.R., "On the Relation Between State and Adjoint Variable Initial Conditions in Optimum Control Theory", Canadian Journal of Chemical Engineering, V46, n5, p. 382 (1968). Latour, P.R., "Manual Time-Optimum Control of Chemical Processes", Control Engineering, V15, n11, p. 83 (1968). Latour, P.R., "Optimal Control of Linear Multivariable Plants with Constant Disturbances", graduate seminar, Department of Chemical Engineering, Virginia Polytechnic Institute, Blacksburg, VA, February 21, 1969; and Department of Chemical Engineering, Lehigh University, PA, October 16, 1969. Latour, P.R., "Influence of Terminal Conditions on the Structure of Optimum Control Systems", ISA Transactions, V8, n3, 1969. Latour, P.R., ''The Real World of Simulation", Simulation Councils, Inc., Southwestern Section Newsletter, March 1969. Latour, P.R., "A Computer Control Chemical Engineer Looks at Technical Writing", Keynote Address, 4th Annual Society of Technical Writers and Publishers/Rice University Seminar, Houston, TX, January 23, 1971. Latour, P.R., "Digital Control Techniques", Tutorial Session, 17th National ISA Aerospace Instrumentation Symposium, Las Vegas, NV, May 12, 1971; Fundamentals of Aerospace Instrumentation, V4, ISA, 1971, p 64-93. Latour, P.R., "Optimal Control of Linear Multivariable Plants with Constant Disturbances", 1971 Joint Automatic Control Conference, Washington University, St. Louis, MO, August 13, 1971. Latour, P.R., "Process Design Decisions Related to Process Control", Paper 60b, 74th National Meeting, AIChE, New Orleans, LA, March, 1973. Page 4/10

Latour, P.R., "Process Computer as a Tool for Golden Eagle Refinery Energy Conservation", 68th Annual Meeting, AIChE, Los Angeles, CA, November 18, 1975 and Chemical Engineering Progress, V72, n4, April 1976, pp. 76-81. Latour, P.R., "Process Computer Monitors, Reduces Energy Use", Oil & Gas Journal, February 23, 1976, p. 92. Van Horn, L.D. and Latour, P.R., "Crude Distillation Computer Control Experience", ISA-76 Conference, Houston, TX, October 12, 1976. Van Horn, L.D. and Latour, P.R., "Computer Control of a Crude Still", Instrumentation Technology, V23, n11, November 1976, p. 33. Latour, P.R., "The Hidden Benefits from Better Process Control", ISA-76 Conference, Houston, TX, October 13, 1976 and Cleveland ISA 3rd Annual Conference and Exhibit, OH, May 16, 1977. Latour, P.R., "Trends in Process Computer Control in the Hydrocarbon Processing Industry", Senior Seminar, Chemical-Petroleum Engineering Department, University of Houston, March 22, 1978 and Presentation to Western Gas Processors and Oil Refiners Association, Honolulu, HI, April 27, 1978. Latour, P.R., "Composition Control of Distillation Columns: A Variety of Objectives and Strategies", ISA 1978 AID-CHEMPID Joint Spring Conference, Houston, TX, May 23, 1978. Latour, P.R., "Objectives and Strategies for Distillation Composition Control", INTECH, V25, n7, July 1978, p. 67. Latour, P.R., "Use of Steady-State Optimization for Computer Control in the Process Industries", Fifth Annual Purdue-Control Engineering Advanced Control Conference, Lafayette, Indiana, April 10, 1979 and Kompass, E.J., Williams, T.J. Ed, On-Line Optimization Techniques in Industrial Control, Conf. Proceedings, Control Engineering, 1979, p. 17. Latour, P.R., "Online Computer Optimization 1: What It Is and Where To Do It", Hydrocarbon Processing, V58, n6, June 1979, p. 73. Latour, P.R., "Online Computer Optimization 2: Benefits and Implementation", Hydrocarbon Processing, V58, n7, July 1979, p. 219. Latour, P.R., "Crude Unit Computer Control, Economic Benefit Case Study", Lecture at Short Course, Automated Process Control, Center for Professional Advancement, Houston, TX, January 23, 1980. Latour, P.R., "Process Control: Industrial Applications" Lecture at Short Course, University of California, Santa Barbara, CA, July 24, 1980 and July 24, 1981. Latour, P.R., "Requirements for Successful Closed-Loop Optimization of Petroleum Refining Processes", Digital Computer Applications to Process Control, Preprints of the 6th IFAC/IFIP Conference, Dusseldorf, F.R. Germany, October 14-17, 1980, Pergamon Press. Kane, L.A. Ed, Process Control and Optimization Handbook, Part 1, Online Computer Optimization, (Latour), pp. 4-18, Gulf Publishing Co., Houston, TX, 1980. Latour, P.R., "Economics of Advanced Control and Digital Systems", Lecture at 1st Bi-Annual Short Course on Application of Advanced Control in the Chemical Process Industries, University of Maryland, College Park, MD, May 12, 1981. Martin, G.D., Latour, P.R., Richard, L.A., "Closed-Loop Optimization of Distillation Energy", Chemical Engineering Progress, V77, n9, September 1981, p. 33. Presented at 90th National AIChE Meeting, Houston, Texas, April 5-9, 1981. Latour, P.R., "Chemical Process Control Engineering Quadrangle: Economic, Process, Computer, Mathematics", 74th Annual Meeting, AIChE, New Orleans, LA, November 12, 1981 and Senior Control Seminar, Chemical Engineering Dept., University of Texas, Austin, TX, February 25, 1982. Page 5/10

Rinne, R., Sunell, H. Latour, P.R., Paynter, K.K., "Experience with Distillation Unit Computer Control", Hydrocarbon Processing, V61, n3, March 1982, p. 141 and "Computer Control of 850 T/H Crude Distillation Unit: Results, Performance, Operating Experience", National Petroleum Refiners Association 1981 Computer Conference, Houston, TX, November 4, 1981. Latour, P.R., "Process Control Expertise for Future Development", Lecture at Seminar on Process Control, Academia-Industry Relationships, University of Houston, TX, January 11, 1983. Latour, P.R., "How On-Line Computer Optimization is Accomplished", 1983 Spring Symposium, New York-New Jersey ISA Sections, Secaucus, NJ, April 6, 1983. Latour, P.R., "Overview-Plantwide Control Applications", Lecture at Short Course, Plantwide Computer Control-A Hands-On Course, School of Chemical Engineering, Purdue University, W. Lafayette, IN, November 2, 1984 and May 3, 1985. Latour, P.R., "Plantwide Computer Control-A Designer's View", Keynote Paper, MODCOMP Users Group, Port St. Lucie, FL, December 5, 1984. Latour, P.R., "Control in Petrochemical Industry", Article 180B-III-9, Encyclopedia of Systems and Control, M. Singh, Editor, Pergamon Press, Oxford, England, 1985. Sharpe, J.H. and Latour, P.R., "Calculating Real Dollar Savings from Improved Dynamic Control", Texas A&M University Annual Instruments and Controls Symposium, College Station, TX, January 23, 1986. Delaney, M., Latour, P.R., and Sharpe, J.H., “Estimating Benefits of Advanced Control”, presented at the Chemical and Petroleum Industries Division Symposium, ISA/District 5 Conference and Exhibit, Houston, TX, 1986. Latour, P.R., "Petrochemical Industry: Process Control", pp. 3673-3680, Section in Madan G. Singh, Ed., Systems & Control Encyclopedia, Pergamon Press, Oxford, UK, 1987. Sharpe, J.H., Latour, P.R., and Martin, D.E., "Implementing On-Line Optimization of a Crude Unit's Reflux Systems", Paper 28C, 1988 Spring National Meeting, AIChE, New Orleans, LA, March 9, 1988. Latour, P.R., "Advanced Computer Control of Oil Refineries- Where We Are, Where We Are Going", Paper 21, Petroleum Refining Conference, Tokyo, Japan, 1988, The Japan Petroleum Institute, October 21, 1988 and Paper 6A, Fourth Refinery Technology Conference, Center for High Technology, Indian Oil Corporation Ltd., Vadodara, India, June 9, 1989. Latour, P.R., "Modeling Intangible, Hidden Benefits from Better Product Quality Control", International Conference on Productivity and Quality in the Hydrocarbon Process Industry, Hydrocarbon Processing Magazine/Coopers and Lybrand, Houston, TX, February 27, 1992. Latour, P.R., "Role of RIS/APC for Running Refineries in the 1990's", Fuel Reformulation, V2, n2, March 1992, p. 14. Latour, P.R., “Quantify quality control’s intangible benefits”, Hydrocarbon Processing, V71, n5, May 1992, pp. 61-66. Amos, J.D. and Latour, P.R., "Advancements in Refining Control and Information Technology", Presentation for WEFA- European Oil Refining Conference, Hamburg, Germany, June 16, 1992. Latour, P.R., “A Personal Vision for Process Automation”, Keynote Guest Speaker, Technology Exchange Symposium, ARCO Chemical Company, Houston Marriott North at Greenspoint, Houston, TX, October 19, 1992. Latour, P.R., "Role of RIS/APC for Manufacturing RFG/LSD", National Petroleum Refiners Association 1994 Annual Meeting, San Antonio, TX, March 21, 1994. Latour, P.R., "Mission: Plan to Use RIS/APC for Manufacturing RFG/LSD", Fuel Reformulation, V4, n4, July/August 1994, p. 20. Latour, P.R., "Benefits of Modern Refinery Information Systems for Manufacturing Cleaner Fuels", API Reformulated Fuels Conference, American Energy Week 1995, G. R. Brown Convention Center, Houston, TX, January 31, 1995. Page 6/10

Latour, P.R., “CIMFUELS”, bi-monthly contributing editorial, FUEL Reformulation, September 1995 - February 1998. Latour, P.R., “Process control: CLIFFTENT shows it’s more profitable than expected”, Hydrocarbon Processing, V75, n12, December 1996, pp. 75-80. Republished in Kane, Les, Ed, “Advanced Process Control and Information Systems for the Process Industries”, Gulf Publishing Co, 1999, pp. 31-37. Latour, P.R., “Does the HPI do its CIM business right?” H P InControl Guest Columnist, Hydrocarbon Processing, V76, n7, July 1997, pp. 15-16 and “Optimize the $19-billion CIMfuels profit split”, V77, n6, June 1998, pp. 17-18. Latour, P.R., “CLIFFTENT: Determining Full Financial Benefit from Improved Dynamic Performance”, Paper C01, Third International Conference on Foundations of Computer-Aided Process Operations, Snowbird, Utah, July 5-10, 1998. Proceedings published in AIChE Symposium Series No. 320, V94, 1998, pp. 297-302. Owen, T. (& Latour, P.R.), “CONTROL 1999 Engineer of the Year – Pierre R Latour”, CONTROL, Vol. XII, n3, May 1999, pp. 42-44. Latour, P.R., “Decisions about risk reduction”, Letter to Editor, Hydrocarbon Processing, V80, n6, June 2001, p. 39. Latour, P.R., “Quantifying financial values”, H P In Control Guest Columnist, Hydrocarbon Processing, V80, n7, July 2001, pp. 13-14. Latour, P.R., “Science and the Nature of Awe”, Letter to Editor, Chemical & Engineering News, 23 July 2001, pp. 5-6. Latour, P.R., “Why Invest in PROCESS CONTROL?”, CONTROL, Vol. XV, n5, May 2002, pp. 41-46. Latour, P.R., “Why tune control loops? Why make control loops?”, Editorial Guest Columnist, Hydrocarbon Processing, V81, n9, September 2002, pp. 11-12. Latour, P.R., “What is the optimum U.S. mogas sulfur content?”, Hydrocarbon Processing, V81, n11, November 2002, pp. 45-50. McMahon, T.K. (& Latour, P.R.), “CLIFFTENT For Process Optimization”, CONTROL, V17, n12, December 2004, p. 66. Friedman, Y.Z. (& Latour, P.R.), “Dr. Pierre Latour’s views on APC”, HPIn Control Editorial, Hydrocarbon Processing, V84, n11, November 2005, pp. 17-18. Latour, P.R., “Demise and keys to the rise of process control”, Hydrocarbon Processing, V85, n3, March 2006, pp. 71-80 and Letters to Editor, Process Control, Hydrocarbon Processing, V85, n6, June 2006, p. 42. Latour, P.R., “Set vapor velocity setpoints properly”, Hydrocarbon Processing, V85, n10, October 2006, pp. 51-56. Friedman, Y.Z. (& Martin, G.D., Latour, P.R.), “APC Survey”, Exchange of Letters to the Editor, Hydrocarbon Processing, V85, n10, October 2006, pp. 45-46 and V85, n11, November 2006, pp. 45-52. Latour, P.R., "Align Olefin Operations to Economics – Clifftent optimizes setpoints". Presented at 2007 Spring AIChE Meeting Ethylene Producers Conference, Houston, Texas, April 23, 2007. Published in Conference Proceedings CD. Latour, P.R., “A detailed reading of the Earth’s thermostat”, Letter to the Editor, Hydrocarbon Processing, V87, n9, September 2008, pp. 45-50. Latour, P.R., “Align HPI operations to economics – Clifftent optimizes risky tradeoffs at limits”, Hydrocarbon Processing, V87, n12, December 2008, pp. 103-111. Latour, P.R., “Align alkylation separation to economics”, HPIn Control Editorial, Hydrocarbon Processing, V88, n1, January 2009, p. 98. Latour, P.R., “Is the Earth’s thermostat surging forward or limping into retrograde? No consensus to be found on climate change; Author’s reply”, Letter to the Editor, Hydrocarbon Processing, V88, n1, January 2009, online edition. “Differing perspectives on climate change clarified, Author’s reply”, Letter to the Editor, Hydrocarbon Processing, V88, n2, February 2009, online edition. Page 7/10

Latour, P.R., “Engineering Earth’s Climate”, Letter to Editor, The Bent of Tau Beta Pi, Vol. C, No. 3, Summer 2009, pp. 9-10. Latour, P.R., “APC for min maintenance or max profit? Part 1”, HPIn Control Editorial, Hydrocarbon Processing, V88, n10, October 2009, p. 15 and “Part 2”, V88, n11, November 2009, p. 13. Latour, P.R., “Engineering Earth’s Thermostat with CO2?”, Invited speech, The Industry Forecast Forum, Hydrocarbon Processing, Omni Hotel, Houston, TX, December 3, 2009 and Hydrocarbon Processing, V89, n2, February 2010, pp. 25, 28. Latour, P.R., “Climate Model Discussion”, Letter to Editor, The Bent of Tau Beta Pi, Vol. CI, No. 2, Spring 2010, pp. 10-11. Latour, P.R., “Process control practice renewal 2010”, HPIn Control Editorial, Hydrocarbon Processing, V89, n4, April 2010, p. 94. Latour, P.R., “It’s Lack of Know-How”, Feedback Letter to Editor, CONTROL, July 2010, p. 13. http://www.controlglobal.com/articles/2010/ReadersRespond1007.html Latour, P.R., “Process control practice renewal 2010 - purpose”, HPIn Control Editorial, Hydrocarbon Processing, V89, n8, August 2010, p. 13. Latour, P.R., “Process control practice renewal 2010 - performance”, HPIn Control Editorial, Hydrocarbon Processing, V89, n10, October 2010, p. 15. Latour, P.R., “Process control practice renewal - consequences”, HPIn Control Editorial, Hydrocarbon Processing, V89, n12, December 2010, p. 86. Latour, P.R., “Process control practice renewal - select CVs”, HPIn Control Editorial, Hydrocarbon Processing, V90, n1, January 2011, p. 90. Latour, P.R., “Risky Business -- How to Optimize a Hydrocarbon Processing Plant - It's All About the Trade-Offs”, Original title: “How to Operate the HPI – Risky Tradeoff Profit Meters”, ControlGlobal.com, August 15, 2011. http://www.controlglobal.com/articles/2011/risky-business-how-to-optimize-a-hydrocarbon-plant.html?page=full Latour, P.R., “Engineering Earth’s Thermostat with CO2?”, Electric Universe – All About Evidence Conference, Marriott Hotel, Albuquerque, NM, March 24, 2014. Latour, P.R., “Measuring the Value of Measurement”, Series of 14 invited editorials, Houston ISA Monthly Newsletter ELECTROPneus™, August 2013 – September 2014. Page 8/10

PRESS RELEASE - To Whom It May Concern 10 January 1997 Subject: DR. PIERRE R. LATOUR, Vice President, Retires from Aspen Technology after 31 Years in the CIMFUELS - CIMCHEM Business. Aspen Technology Inc. announced today Dr. Pierre R. Latour, Consulting Engineer and Vice President of Business Development will be retiring effective January 15, 1997. Dr. Latour has been with our Advanced Control and Optimization Division since January 9, 1996, and since June 3, 1995 in that position for Dynamic Matrix Control Corporation which AspenTech acquired on January 9, 1996 (along with Setpoint, Inc.). Dr. Latour was a Cofounder and Vice President of Setpoint from February 1, 1977 until he accepted early retirement from that firm on February 28, 1995. He served on the Aspen - Setpoint Real Time - Optimization Executive Steering Committee from September 1993. Dr. Latour was AspenTech’s representative to the National Petroleum Refiners Association, having represented DMCC in 1995 and Setpoint since 1978. He was among the first supplier associate member company representatives appointed to the Computer Committee in 1995. Pierre Latour was a pioneer of process computer control. He started as a co-op engineer at a DuPont polyester fiber plant where he secured a patent for fiberfill while earning his BS, ChE from Va Tech in 1962. He earned his PhD, ChE from Prof Lowell Koppel at Purdue in 1966 with a thesis on “Time Optimal Control of Chemical Processes”. He recruited Koppel to Setpoint in 1984 (Koppel is now a Vice President of AspenTech). Latour joined Charlie Cutler at Shell Oil in Deer Park, TX 1966-69 to work on optimizing control of the FCC. Latour closed the first computer loop on a Shell Oil commercial unit (FCC regenerator temperature to catalyst cooler). After a two year ROTC assignment at NASA, Houston for Apollo Docking Simulation to put the Neal Armstrong on the moon, Army Captain Latour returned to Shell in NYC HQ to convert computer control R&D to commercial reality. He then cofounded Biles & Associates in 1971 and licensed the world’s first crude distillation unit computer control project that year for Golden Eagle Refinery, Quebec City (included interacting control of inferred TBP cutpoints of draw products). He worked in many refineries in Canada in the 1970’s; opened up Europe in the early 1980’s at Total, Neste Oy, Veba, OMV, OMW, SIPM, Saras, Repsol, DEA Oel and a host of others; got going at Idemitsu, Cosmo Oil and Kashima Oil in Japan after 1983; worked on two olefin plants and two tar sands upgrader projects (billion dollar capital each) and initiated an FCC and ACU control program for the three large Amoco refineries. He accepted the first invitation to Sinopec in Beijing in 1985, secured the first license in India with Madras Refy in 1986, started large programs in Venezuela and Belgium and led computerization of three refineries in Australia in the late 1980’s. Latour acquired Idcom multivariable control from France in 1982, concluded the Setpoint agreement with SIPM in 1987 and the alliance with UOP in 1988. Pierre founded Setpoint Japan Inc. joint venture with Cosmo Oil in 1984 and Setpoint Nippon Inc., was a Director of Setpoint for nine years, managed the oil refining division for five years and central marketing for four. He was actively involved with the Cegelec acquisition of Setpoint program during the 1980’s. Charlie Cutler and Latour successfully implemented DMC on a large FCC for a major US oil company in summer 1995; Latour and Rafael Rembrand successfully implemented DMC on an ACU south of Nagoya in 1996. Latour likes to generate lots of money for his clients. (Latour served on Charlie Cutler’s PhD thesis review committee at the University of Houston in 1983; he endorsed the theory of dynamic matrix control developed by Cutler and the degree award.) Pierre has recently been working to better manage the third party relationships from DMCC and Setpoint that relate to AC&O Division business. Dr. Latour has performed billable work for over 50 different clients. He has 51 publications. He is a Registered Professional Engineer in Texas and California. Page 9/10

Pierre Latour is known for identifying, capturing and sustaining financial benefits from closed-loop control, closed-loop optimization and CIMFUELS technology. He is a recognized expert on application of CIM technology for clean fuels like RFG and LSD. He knows fuel/petrochemical manufacturing economics and the performance of control/optimization/scheduling systems. He claims to be the only person who knows how to rigorously quantify the financial benefit from smoother reduced variance of controlled dependent variables; his CLIFFTENT technology shows how improved dynamic performance makes money (often about twice the amount estimated by imprecise traditional methods). His approach also determines the proper setting of controller CV limits and optimizer dependent variable limits in the neighborhood of specs. He knows how to optimize the critical tradeoffs of process value against spec violation penalties and statistical risks (like the speed of your car). His new fundamental technique supports the critical art of proper limit setting which determines whether CIMFUELS functions make money. In fact they are central to operating decisions for running HPI plants competitively. The consequences for extended process modeling are profound. He developed shared-risk, shared-reward (SR)2 licensing techniques for CIM technology. Dr. Latour will pursue his personal and business interests and travel the world. He may accept limited consulting engagements. He intends to continue to write the CIMFUELS editorials for FUEL Technology and Management he inaugurated in July 1995. Page 10/10