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After spending the early part of his childhood in Southern California, Michael's family moved to Northern <br />California where he took his first job in golf working at a driving range while starting on his high school golf <br />team. After playing Division I golf at Sacramento State and receiving his bachelor's degree in criminal justice, it <br />was a clear path for Michael to start his career in the golf industry. Immediately out of college Michael took a <br />General Manager position with Club Corp, which was the first of three top 25 Management Companies he <br />would work for in the coming years. After becoming a Class A Member of the PGA, Michael continued his <br />advancement in the golf business as General Manager at StoneTree Golf Club and then VP of Operations at <br />Billy Casper Golf. It was through his passion and commitment to hospitality and people development that <br />eventually led to Michael joining the CourseCo team and his rapid ascension to the top leadership position. <br />Now with 30+ years of experience in the industry Michael is widely respected and recognized throughout the <br />United States for his operating knowledge and innovation. Having played the key role in CourseCo's growth <br />from a small regional management company with 11 courses under management, to a national company with <br />46 courses and ranked as the 13th largest management company in the world, is one of the reasons he <br />received the Award for Most Innovative People in Golf in 2020 from Golf, Inc. Under his leadership CourseCo <br />has received numerous environmental awards including becoming the first company to ever receive the <br />President's Award from the GCSAA in 2018 and then receiving it again the following year in 2019. While he is <br />often asked to speak on panels and present at National Conferences, Michael's passion is still working directly <br />with the management teams of the courses in promoting CourseCo's Four Core Values — Financial <br />Performance, Community Programming, Environmental Sustainability and Stakeholder Communication. <br />Michael resides in the Sacramento area of California with his wife, Heather, and their three children — <br />Madison, Paige and Andrew. As a PGA Professional Michael still plays in numerous golf tournaments and <br />events each year but still finds time between working and playing golf to travel with his family, snowboard and <br />passionately follow the Lakers and Dodgers. <br />Tom Bugbee, Chief Operating Officer <br />Tom currently serves as the Chief Operating Officer at CourseCo and is also a partner in the firm. Tom originally <br />joined the company in 2009 as the Director of Operations, was promoted to VP of Operations in 2011 and <br />became the COO in 2018. In his current role Tom oversees the day-to-day operations of the company, <br />including golf course operations, as well as the finance and accounting department. While his responsibilities <br />include financial performance and contractual compliance it is his focus on the support and development of <br />key team members that has led to his success. <br />Born and raised in Petaluma, California, the golf business was a passion for Tom very early in his working <br />career. Starting at Adobe Creek Golf Club in outside services he quickly moved up through the ranks as <br />assistant professional, head professional and then becoming the General Manager at the early age of 24. It was <br />in this position that he was first introduced to acquisitions as he played a key role in the due diligence and <br />transition at Peacock Gap Golf Club, which was also his first experience in multiple property management. Tom <br />left the golf business for a brief three-year period where he worked in the high -paced corporate tech world <br />focusing on sales recruiting working with companies including IBM, SalesForce, Oracle and BMC Software. With <br />a degree in Business Administration from the University of Phoenix but a passion for golf the opportunity to <br />return to the golf world and join the CourseCo team at their corporate office was the perfect fit for this <br />Sonoma County native. <br />With over 30 years of experience in the golf business his accomplishments in the industry are wide ranging. <br />Tom has been interviewed and quoted in multiple publications including Golf Inc Magazine, The New York <br />Times, The San Francisco Chronicle and the Wall Street Journal. Tom has managed over $100 million in capital <br />projects including golf course and clubhouse construction. Currently a Board Member of the First Tee of the <br />North Coast he is involved in this new chapter and assisting to get it off the ground. But the professional <br />COURSECO Page 6 <br />I <br />