Reservoir Media, Inc (RSVR) Appoints Helima Croft and Jennifer Lee Koss to its Board

Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir”), an award-winning independent music company, appointed Dr. Helima Croft and Ms. Jennifer Lee Koss to its board of directors effective as of July 28, 2021 in connection with the consummation of its business combination.

“Helima’s and Jennifer’s financial acumen and impressive experience across industries in the capital markets will complement the strong leadership team we put together here at Reservoir,” said Golnar Khosrowshahi, founder and Chief Executive Officer of Reservoir. “Helima brings nearly two decades of investment and capital markets experience, while Jennifer brings past board experience, as well as an entrepreneurial background from her leading roles at BRIKA and Springbank Collective. We look forward to both of their contributions and guidance as we begin our journey as a public company focused on consistent, profitable growth.”

Dr. Croft and Ms. Koss collectively stated, “We are thrilled to join the board of directors of Reservoir. This is an extremely exciting time for Reservoir as they are the first U.S.-based publicly traded independent music company. With Reservoir’s significant catalog, track record of strategic M&A and cash flow generation, the company is primed to seize opportunities from the attractive industry dynamics and powerful secular tailwinds in the coming years. We look forward to working with the Reservoir team to be a leader in this compelling industry while further building on its history of success.”

Dr. Helima Croft Biography

Dr. Croft brings nearly 20 years of leadership and capital markets experience. Currently, she serves as a Managing Director and the Head of Global Commodity Strategy and Middle East and North Africa (MENA) Research at RBC Capital Markets, where she leads a team of commodity strategists that cover energy, metals, and cross-commodity investor activity. Prior to her current roles, Dr. Croft was a Managing Director and Head of North American Commodities Research at Barclays. She has also spent time at the Council on Foreign Relations and the Central Intelligence Agency. Dr. Croft is a member of the National Petroleum Council, a select group of individuals who advise, inform, and make recommendations to the U.S. Secretary of Energy with respect to any matter relating to oil and natural gas. She also serves on the board of directors of the Atlantic Council, is a member of the Trilateral Commission, and is a Life Member of the Council on Foreign Relations. Dr. Croft received her Ph.D. in Economic History from Princeton University in 2001.

Ms. Jennifer Lee Koss Biography

Ms. Koss brings significant leadership experience derived from serving on numerous boards of directors and over 10 years of experience in management consulting, investment banking and private equity. She currently serves as a Founding Partner of Springbank Collective, a coalition of values-aligned investors, corporations, and non-profits directing capital and resources into building infrastructure that supports all women and working families to eliminate gender gap. She also currently serves on the board of directors at various companies: Komplett Group, Active Brands AS, Dream Unlimited, Moller Eiendom, Senscom and Sneakersnstuff. In addition, Ms. Koss is the founder of the retail agency BRIKA and serves as a trustee for the National Ballet of Canada. Ms. Koss is a Juilliard-trained cellist and a graduate of Harvard University, Oxford University, and Harvard Business School.

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