Elizabeth L.R. Donley, Chief Executive Officer of Stemina. Ms. Donley
joined the Wisconsin Alumni Research Foundation (WARF) as General
Counsel in 1998. Prior to joining WARF, Ms. Donley was in private
practice at Quarles & Brady. Ms. Donley also served as Managing
Director of two WARF subsidiaries: WiSys Technology Foundation (WiSys)
and WiCell Research Institute (WiCell), a subsidiary which conducts
stem cell research.