OFFICERS

James P.Cullen -- Trustee, President and Portfolio Manager
Mr. Cullen is the President, Portfolio Manager and founder of Cullen Capital Management, which he founded in 2000, and Schafer Cullen Capital Management, a registered investment advisor specializing in value investing, which he co-founded in 1983. Mr. Cullen was a Vice President of Donaldson Lufkin & Jenrette from 1978-1982 and prior thereto co-managed the New York Research Group for Rauscher Pierce. Mr. Cullen holds a B.A. in Finance and Economics from Seton Hall University. After graduating from Seton Hall in 1961, Mr. Cullen served for four years as an officer on the aircraft carrier USS Essex. Following military service, Mr. Cullen started his business career with Merrill Lynch and later worked with institutional research boutique Spencer Trask & Company before joining Rauscher Pierce.

John C. Gould -- Executive Vice President and Portfolio Manager
Mr. Gould has been employed at Cullen Capital Management since its inception in 2000 and has been an employee of Schafer Cullen since 1989. His roles include supervising the Firms' research analysts and coordinating the research process. Prior to joining Schafer Cullen, John worked at Crouteau Investment Management as a research analyst. Mr. Gould received an M.B.A. from Bryant University and a B.S. from Providence College.

Brooks H. Cullen -- Vice President and Portfolio Manager
Mr. Cullen has been employed at Cullen Capital Management since its inception in 2000 and has been an employee of Schafer Cullen since 1996, working first as a research analyst and then assuming Portfolio Management responsibilities in 2000. Prior to joining Schafer Cullen, he was at Merrill Lynch in the retail brokerage division. Mr. Cullen received his MBA from Fordham University in 1996 and received his B.A. in Economics from Boston University in 1990.

Rahul D. Sharma -- Secretary and Portfolio Manager
Mr. Sharma has been employed at Cullen Capital Management since its inception in 2000 and has been an employee of Schafer Cullen since 1999, working first as a research analyst and then assuming Portfolio Management responsibilities for the Firms' International strategies. Mr. Sharma received his B.A. from the College of William and Mary in 1994.

Steven Mullooly -- Chief Compliance Officer
Mr. Mullooly joined Cullen Capital Management and Schafer Cullen in 2006 as Chief Compliance Officer. Prior to joining the Firms, he worked in multiple capacities in the private client and institutional sales and trading areas at Ladenburg Thalmann & Co. Inc., Donaldson Lufkin & Jenrette, Morgan Stanley and Co. Inc., Shearson Lehman Brothers and Merrill Lynch. Mr. Mullooly received his BS in Business and Economics from NYIT in 1987.

Jeffrey Battaglia -- Treasurer and Chief Financial Officer
Mr. Battaglia joined Cullen Capital Management and Schafer Cullen in 2007 as Chief Financial Officer. Prior to joining the Firms, he worked at KPMG from 2001-2007 most recently as a Manager in the firm's Transaction Services practice. Mr. Battaglia earned both his Masters of Accounting (2001) and his B.B.A. (2000) from the University of Georgia.

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