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Mark M. Caplan

President and CEO of The Time Group

Mark M. Caplan, 56  Mr. Caplan is a Baltimore native who has been very active in real estate investment and management as well as equipment and vehicle financing in the region.  He is the President and CEO of the Time Group, a real estate equity firm where he has worked since 1980.  Time Group has interests in approximately 6,000 units in multi-family, manufactured housing, and senior living.  He is also a founder and is currently the Chairman of the WPM Real Estate Group, a manager of multi-family properties as well as other property types currently comprising in excess of 17,000 units.  In addition to his real estate activities, Mr. Caplan is President of Madison Capital, an independent vehicle and equipment financing firm he founded in 1984.  Mr. Caplan was previously on the Board of Sterling Bank & Trust which was sold to Carroll County Bank & Trust in the late 1990s.  Mr. Caplan is active in the non-for-profit community in Baltimore, having served on the Boards of The Walters Art Museum, The Bryn Mawr School, The Gilman School, Center Stage and St. Ignatius Loyola Academy.  Mr. Caplan is a graduate of Johns Hopkins University where he received his Bachelor of Arts degree in Social & Behavioral Sciences and received his Master of Business Administration from the Columbia Business School.  Mr. Caplan serves as Chairman of the Compensation Committee and on the Audit Committee and Nominating & Corporate Governance Committee of the Company’s Board.  Mr. Caplan has served as a director of the Company since April 19, 2013 and of Bay Bank, F.S.B since April 2012.

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