From left: Larry MacDonald, Jeff Lipton, Chris Pappas, and Jack Mustoe.

JEFFREY M. LIPTON
PRESIDENT AND CHIEF EXECUTIVE OFFICER, 64
Jeff joined NOVA Corporation in 1994 as Senior Vice President and Chief Financial Officer and assumed his current position as President and Chief Executive Officer of NOVA Chemicals in 1998. Jeff serves as Chairman of the Board of Trimeris, Inc., and he is also a director of U.S. Steel Corporation and Hercules Incorporated. Jeff is Past Chairman of the Board of the American Chemistry Council and the Society of Chemical Industry, America Section. He is also a member of the Board of the Canadian Council of Chief Executives. Jeff worked with E.I. duPont for almost three decades, prior to joining NOVA Chemicals. He graduated from the Rensselaer Polytechnic Institute with a Bachelor of Chemical Engineering degree and obtained an MBA from Harvard University.

LARRY A. MACDONALD
SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, 55
Larry joined Petrosar, a predecessor company of NOVA Corporation of Alberta, in 1979 as an internal auditor. He progressed through several financial, information technology, and merger and acquisition positions within NOVA Corporation and NOVA Corporation of Alberta before assuming the role of Senior Vice President, Manufacturing East for NOVA Chemicals in 1999. He assumed his current role in December 2001. Larry is Chairman of the Board of the Canadian Chemical Producers Association. He graduated from the University of Windsor with a Bachelor of Commerce degree and is a Chartered Accountant.

JACK S. MUSTOE
SENIOR VICE PRESIDENT, CHIEF LEGAL OFFICER AND CORPORATE SECRETARY, 59
Jack joined NOVA Corporation of Alberta in 1988 as Vice President, General Counsel and Corporate Secretary and was named Senior Vice President, General Counsel and Corporate Environmental Officer of NOVA Corporation in 1994. In 1998, he was named Senior Vice President, Legal and General Counsel for NOVA Chemicals, and added the responsibility of Corporate Secretary in 2004. In October 2006, he assumed his current role of Chief Legal Officer. Jack is also responsible for NOVA Chemicals’ Investor Relations and Public & Government Affairs functions and is Chief Compliance Officer. Prior to 1988, he served as Senior Legal Counsel for Dome Petroleum Ltd. and as Assistant General Counsel for Norcen Energy Resources Ltd. Jack is a director of Heritage Valley Health System. He graduated from the University of Western Ontario with a Bachelor of Laws degree and is a member of the Ontario and Alberta Bars.

CHRISTOPHER D. PAPPAS
SENIOR VICE PRESIDENT AND CHIEF OPERATING OFFICER, 51
Chris joined NOVA Chemicals as Senior Vice President and President, Styrenics in July 2000 and assumed his current role in October 2006. Chris was President and Chief Executive Officer of Paint and Coatings.com prior to joining NOVA Chemicals. From 1996 until 1998, Chris led the ethylene elastomers business of DuPont Dow Elastomers, Inc. as Vice President, and was later named Commercial Vice President. He began his career with Dow Chemical in 1978, where he held a variety of sales and managerial positions through 1995. Chris is Chairman of the Communication Committee and a member of the Finance & Audit Committee of the American Chemistry Council. He is a director of WQED Public Television and a member of the Board of Trustees at Sewickley Academy. Chris has a Bachelor of Science degree in Civil Engineering from The Georgia Institute of Technology and an MBA from The Wharton School of Business at The University of Pennsylvania.