BOARD OF DIRECTORS

Eric D. Stonestrom

Eric D. Stonestrom joined Airspan as Executive Vice President and Chief Operating Officer in January 1998. From May 1998 to January 2022 he was President and Chief Executive Officer as well as a member of the Board of Directors, in February 2022 he was named Chairman and Chief Executive Officer. In May 2023 he serves as Executive Chairman. From 1995 to January 1998, Mr. Stonestrom was employed by DSC Communications Corporation, a provider of telecommunications equipment and services (“DSC”), as a Vice President of operating divisions, including the Airspan product line. From 1984 until 1995, Mr. Stonestrom worked at telecommunications corporations Bell Laboratories and AT&T in a variety of positions. He received B.S., M.S. and M. Eng. degrees in 1982, 1983 and 1984, respectively, from the College of Engineering at the University of California at Berkeley.

Eric D. Stonestrom is a founding member of Airspan.

Bandel L. Carano

Bandel L. Carano, Managing Partner, joined Oak Investment Partners in 1985 and became a General Partner in 1987. Bandel’s investment focus is on Information Technology and Clean Energy.

Bandel is currently on the Boards of Airspan Networks, Centric Software, NeoPhotonics, NextNav and nLight, Bandel has also led investments in and/or served on the Boards of 2Wire, Avici, CoreTek, Endwave, Fiber Tower, Good Technology, Kratos Defense & Security Solutions, MobiTV, Mojix, Netopia, Phononic Devices, Picture Tel, Polycom, Presidio, Qtera, Sentient Networks, SmartDrive, Solarflare Communication, Tegic, Trapeze Networks, Wellfleet, Entropic, Illustra/Informix, Sybase, Tele Atlas, Actel, Airgo Networks, CommQuest, Kenet, Level 5, NanoH2O, NemeriX, Newport Media, Resonext, SMIC, Synaptics, Virata, Interconnectix, Parametric, Synopsys, Tensilica, Wavestream, and Zayo.

Prior to Oak, Bandel joined Morgan Stanley’s Venture Capital Group in 1983. He was responsible for advising Morgan Stanley on high-tech new business development, as well as sponsoring venture investments.

Bandel received BS and MS degrees in Electrical Engineering from Stanford University. He currently serves on the Investment Advisory Board of the Stanford Engineering Venture Fund.

Michael T. Flynn

Michael T. Flynn has served as a director of Airspan since July 2001. From 1994 to 2004, Mr. Flynn served as group president of ALLTEL Corporation, an integrated telecommunications provider of wireless telephony, Internet and high-speed data services. Prior to that, he was an officer with SBC Corp and the Bell System for 25 years. Since Sept. 2005, he has been a member of the board of CALIX Inc. (CALX:NYSE), a manufacturer of broadband access equipment, and participated in its successful IPO in 2010. Mr. Flynn also serves as a director of Atlantic Tel-Networks (ATNI:NASDAQ) since June of 2010, and is the current (since 2005) owner/president of Deli Planet Inc. (franchisee dba Jason’s Deli). He has previously served as a board member of several companies resulting in successful mergers or acquisitions, including: Taqua sold to Tekelec in 2004; WebEx Communications (NASDAQ:WEBX) sold to Cisco for $3.2B in 2007; Bay Packets merged with GENBAND in 2006, where Mr. Flynn continued to serve until 2009; and Linc (AMEX:ILC) sold to Broadsoft. Mr. Flynn earned his B.S. degree in Industrial Engineering from Texas A&M University in 1970. He attended the Dartmouth Institute in 1986 and the Harvard Advanced Management Program in 1988.

Thomas S. Huseby

Thomas S. Huseby has served as a Director of Airspan since January 1998, serving as Chairman of the Board from 1998 until 2000 and for a second term as Chairman from 2010 to January 2022. Since August 1997, Mr. Huseby has served as the Managing Partner of SeaPoint Ventures, a venture capital fund focused on communications infrastructure. Mr. Huseby has served as a Venture Partner with Oak Investment Partners since 1997 and from 2007 as a strategic partner with Covera Ventures and Voyager Capital. Prior to founding SeaPoint Ventures, Mr. Huseby was the Chairman and CEO of Metawave Communications and prior to that of Innova Corporation.  Mr. Huseby has a B.A. and a B.S.I.E. from Columbia University and an M.B.A. from Stanford University.

Scot B. Jarvis

Scot B. Jarvis joined the Board of Airspan Networks Inc. in January 2011. He joined Oak in 1999 as a Venture Partner after a highly successful career in management and investment roles in the wireless communications industry. A graduate of the University of Washington, Scot founded and served as the first President of Nextlink Communications, served as a Regional President of Nextel, and served as a Senior Executive with McCaw Cellular (now AT&T Wireless). More recently, Scot was the Founder of Cedar Grove Investments, a private equity firm with a focus on wireless communications. He has served or currently serves on the boards of public and private companies, including Good Technology, Kratos Defense and Security Solutions, Airspan, Savary Island Wireless, and Slingshot Sports. Scot focuses on Oak’s investments in the wireless communications market.

Glenn Laxdal

Glenn Laxdal became Chief Executive Officer in May 2023. He joined Airspan as President and Chief Operating Officer of the company in January of 2022, responsible for the product portfolio, global operations and services.

Mr. Laxdal comes to Airspan from Infinera where he served as senior vice president and general manager of products with responsibility for all operational aspects of Infinera’s product business. Prior to joining Infinera, Mr. Laxdal was senior vice president of Ericsson North America’s multi-billion dollar network products business overseeing strategy, product management and solution development. Mr. Laxdal also served as chief technology officer and head of strategy for Ericsson North America.

Prior to Ericsson, Mr. Laxdal served as vice president of global product management at BlackBerry and prior to that held executive roles in product management and operations at Airvana and Nortel.

Mr. Laxdal holds an MBA from the University of Toronto and a BA in Economics and Bachelor of Commerce degrees from the University of Saskatchewan.

Michael Liebowitz

Michael Liebowitz was CEO and director of New Beginnings Acquisition Corporation since its inception and became a director of Airspan upon the Closing of the Business Combination. He is a seasoned business executive with extensive experience founding, acquiring, and monetizing businesses in the insurance and financial industries. Mr. Liebowitz served as President and Chief Executive Officer of Harbor Group Consulting LLC, an insurance and risk management consulting firm, from its formation in 1995 to 2018.

Mr. Liebowitz currently serves as a Managing Director and Executive Vice President of Alliant Insurance Services. Mr. Liebowitz served as President and Chief Executive Officer of Innova Risk Management, a real-estate insurance firm, which he acquired in 2006 in a joint venture with Douglas Elliman Real Estate and was subsequently sold in 2019. In 2017, Mr. Liebowitz founded High Street Valuations, a firm that specializes in providing insurable value calculations for banks, capital market lenders, owners, and property management companies, for which he served as President until its sale in 2018.

Mr. Liebowitz served on the board of Ladenburg Thalmann Financial Services Inc., the parent company of Ladenburg Thalmann, from January 2019 to February 2020 and the board of The Hilb Group, a leading middle market insurance agency headquartered in Richmond, Virginia, from 2011 to 2013. Since 2008, Mr. Liebowitz has served as President? Mr. Liebowitz was a founding principal of National Financial Partners Corp. (NYSE: NFP), which was taken public in 2003 and was acquired by a controlled affiliate of Madison Dearborn Partners, LLC in 2013. Mr. Liebowitz has acted as an advisor to many of the largest companies around the globe including Goldman Sachs, JP Morgan, Morgan Stanley, Starwood, Apollo, UBS, HSBC, Deutsche Bank and many others on their complex insurance matters within their investment banking/M&A groups Mr. Liebowitz is the managing member of M2AFO, LLC a Private investment firm he created in 2018.

Mathew Oommen

Mathew Oommen joined the Board of Airspan Networks Inc. in June 2014. Mathew is President Network, and Global Strategy and Service Development at Reliance Jio Infocomm Limited.In this role, Mr. Oommen is enabling India’s transformation to broader digital services adoption. Prior to Reliance, Mr. Oommen was Chief Technology Officer of Sprint, responsible for network and technology development, systems architecture, device development, including leading the M2M/Connected Car Service development. Prior to joining Sprint in 2008, Mr. Oommen was President of technology and services for the Reliance Industries Group in India. He has also served as Chief Technology and Product Officer at Flag Telecom (a Reliance Company) and has held executive positions at Williams Communications/Wiltel Group and MCI Worldcom/Verizon.

Dominique Trempont

Mr. Trempont has been a director of Airspan since May 2018. He serves on the board of On24, a cloud based SaaS company focused on digital marketing applications, as its lead director and chair of the Compensation and Nomination, Governance Committee, since February 2010. He serves as a board director of Daily Mail and General Trust plc, a producer of content, information analytics and events for businesses and consumers, since February 2011. He served on the board of Real Networks, a cloud based SaaS company focused on mobile applications, as its lead director and chair of the Risk and Audit Committee, since July 2010. He has also served as a director, chair of the Audit Committee and of the Nomination and Governance Committee of Energy Recovery, Inc., a manufacturer of efficient energy recovery devices utilized in the water desalination industry, for 9 years, since July 2008. From 2005 to November 2011, Mr. Trempont served as a director of Finisar Corporation, a global company that develops and markets high-speed data communication systems and software for networking and storage. From 2006 to April 2010, Mr. Trempont served as a director and chair of the audit committee of 3Com Corporation, a network management company that was acquired by Hewlett Packard in April 2010. From 2003 to 2005, Mr. Trempont was CEO-in-Residence at Battery Ventures, a venture capital firm. Prior to joining Battery Ventures, Mr. Trempont was Chairman, President and Chief Executive Officer of Kanisa, Inc., a cloud service company focused on artificial intelligence and machine learning to enable enterprise self-service applications, from 1999 to 2002. Mr. Trempont was President and CEO of Gemplus Corporation, a smart card and Internet-of-Things focused company, from 1997 to 1999. Prior to Gemplus, Mr. Trempont worked closely with Steve Jobs on the turnaround of NeXT Software; he served as Chief Financial Officer and head of Operations of the company. Mr. Trempont began his career at Raychem Corporation, a materials science and technology company focused on telecommunications, electronics, automotive and other industries. He currently serves as a director of the privately held on24, a marketing automation cloud SaaS company. He was an adjunct professor at INSEAD from 2010 to 2016. Mr. Trempont earned an undergraduate degree in Economics from College St. Louis (Belgium), a B.A. with high honors in Business Administration and Software Engineering (LSM) from the University of Louvain (Belgium) and a master’s degree in Business Administration from INSEAD (France/Singapore).

Divya Seshamani

Ms Seshamani is Managing Partner of Greensphere Capital LLP. She is a private equity and venture capital investor with over 22 years of experience of sustainable investment experience, growing and investing in businesses in sustainable technology, infrastructure, energy, sustainable agriculture and forestry.

Educated at Oxford (BA/MA (Hons) PPE) and at Harvard (MBA), she built her track record at industry-leading organisations such as Goldman Sachs, GIC (Singapore’s sovereign wealth fund) and at the global private equity house, TPG, where she was a Partner.

Ms Seshamani is a World Economic Forum Young Global Leader for her work in sustainable and impact investing and was previously a council member of the Royal Institute of International Affairs (Chatham House) for two consecutive terms. She is currently a Non-Executive Director of Forterra PLC, a FTSE-250 British manufacturing business. Ms Seshamani was appointed by the Secretary of State to advise the UK Government as a member of the HMG’s Council for Sustainable Business where she leads the Net-Zero Initiative.