D i r e c t o r   o f   I n t e r n a l   A u d i t s

Gilberto E. Zayas was named Director of Internal Audit of Caribbean CAGE LLC, in July 2012. Reporting functionally to the Chairman of the Board of Directors and to the BOD and administratively to the Vice President for Legal Affairs, Compliance and Human Resources, to provide for the independence of the function. He previously served the Company as Director of Finance and Accounting. The Internal Audit Department supports the Company to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Mr. Zayas has more than thirty years of business experience in auditing, accounting, finance, treasury and management in “Big 4 CPA firms” and various international public companies.

He began his business carrier with the San Juan Office of Deloitte & Touche, LLP in the Audit practice. He has worked as Finance Manager and Treasurer for Motorola Radio Synthetized of PR, a Motorola subsidiary, global leader in electronics and communication equipment where he served on a Puerto Rico manufacturing facility.

Mr. Zayas worked for approximately fifteen years in The Shell Company (PR) Ltd (a wholly owned subsidiary of the Royal Dutch Shell plc.) in a variety of auditing, finance and operations leadership roles.

He joined IGP Property Holdings, LLC (a wholly owned subsidiary of ACPT), as Controller, also responsible for the development of the Company’s Sarbanes-Oxley compliance programs and the implementation of Enterprise Risk Management programs.

Mr. Zayas earned his BBA degree from the University of Puerto Rico, Rio Piedras Campus. He is a Certified Public Accountant, member of the American Institute of Certified Public Accountants and the Puerto Rico Society of Certified Public Accountants.