WHITE PINE CORPORATE INFORMATION

White Pine began trading in February of 2010 and has grown rapidly into a multi million-dollar diamond purchasing and sales business. Today White Pine is leading the growth in the recycled diamond industry and trades in excess of $75m worth of diamonds annually.

Ben Burne and Andrew Brown launched the company seeking to revolutionize the diamond industry through the increased used of recycled diamonds in new manufacturing. Today the company stands at the forefront of the recycled diamond industry ready to grow the recycling sector rapidly in the coming months and years.

White Pine is a well-capitalized business and is majority owned by affiliates of Perella Weinberg Partners’ Asset Based Value Strategy. Two representatives of Perella Weinberg Partners Asset Based Value Strategy are members of the company’s Board of Directors.

Perella Weinberg Partners Asset Based Value strategy is a leading post-financial crisis provider of U.S. specialty finance solutions. Since inception in 2008, the Strategy has grown to manage in excess of $2.1 billion in equity capital through a number of different investment vehicles. Perella Weinberg Partners Asset Based Value Strategy can deliver significant capital, technical expertise and infrastructure in a wide range of asset classes and structures, including both real and financial assets. Capital for the Strategy is contributed by, among others, a diversified group of institutional investors who seek to invest in compelling opportunities at favorable valuations.

The business is staffed with employees with considerable diamond knowledge and experience and it boasts over 150 years cumulative experience in its valuation team alone.

White Pine resides in modern offices on 5th Avenue in Midtown, Manhattan, New York. The White Pine senior management run corporate affairs, the US buying operation, jewelry division, sales events and brokering services from this office. The company has buyers working across the US sourcing and completing large volumes of buying opportunities.

Our European head office is located in Birmingham UK. The European operation includes buying in the UK, Spain, Germany, Italy, Belgium and France. The WP Diamonds consumer buying operation is now run from the New York office coordinating the operations and marketing for the US, UK and Spanish sites. We also have operations in Tokyo, Japan. This office services all of our Asian clients.

Currently White Pine employees over 50 people worldwide.