Nick P. Calamos

0001248582 CALAMOS NICK P 2020 CALAMOS COURT NAPERVILLE IL 60563 1 0 0 0

0001248582 CALAMOS NICK P 2020 CALAMOS COURT NAPERVILLE IL 60563 1 1 0 0 Pres. of Invest. and Co-CIO

Nick P. Calamos, CFA Nick P. Calamos, CFA President of Investments and Co-Chief Investment Officer As President of Investments, Mr. Calamos oversees research and portfolio management for Calamos Investments' family of mutual funds, closed-end funds, and separately managed accounts. Leading the development of the firm's proprietary research tools and investment processes for a team of more than 50 professionals, Mr. Calamos serves as a portfolio manager of various strategies utilizing equities, high yield bonds, convertible securities, and alternative investments. Many of the firm's mutual funds have received accolades throughout his portfolio management tenure including 30 Lipper Performance Achievement Certificates for a number of strategies including #1 designation for 10 year performance for the Calamos Convertible Fund, Calamos Growth Fund, Calamos Growth and Income Fund, and Calamos Market Neutral Income Fund. The Calamos Growth Fund was recognized as the #1 Fund in the Forbes Honor Roll for three years in a row in 2005; the Calamos Growth and Income Fund earned the Standard & Poor's/BusinessWeek Excellence in Fund Management Award in both 2003 and 2004. He joined the firm in 1983. A Chartered Financial Analyst (CFA), Mr. Calamos received his undergraduate degree in Economics from Southern Illinois University and an M.S. in Finance from Northern Illinois University. His book, Convertible Arbitrage: Insights and Techniques for Successful Hedging, was released in July 2003 and is used as a textbook in a number of investment management curriculums. He is often quoted in the press, including The Wall Street Journal, Barron's, Fortune, BusinessWeek, and Pensions & Investments. He also regularly appears on CNBC, Kudlow & Company, and Bloomberg TV. Mr. Calamos is active in a number of professional and civic organizations including Vistage, a CEO peer group, the Investment Analysts Society of Chicago, the CFA Institute. He has endowed scholarship programs at Northern Illinois University, Southern Illinois University-Carbondale, as well as other private institutions. Nick P. Calamos, CFA

Mr. Calamos is the uncle of Nick P. Calamos, Vice President of the Funds. Nick P. Calamos, 50 Vice President (of CHI since 2002, of CHY and CSQ since 2003, of CGO since 2004 and of CHW since 2007) Calamos and Timbers are members of the executive committee of each board, which has authority during intervals between meetings of the board of trustees to exercise the powers of the board, with certain exceptions.