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Farmington, CT, June 1, 2010 … Mr. Gerard (Jerry) Lynch, Chairman and CEO of General Re–
New England Asset Management, Inc. (GR–NEAM), announced that Mr. William (Bill) Rotatori
has been appointed President of GR–NEAM effective immediately. “Given Bill’s tremendous
contribution to the firm over the last 10 years, I am confident that he is the right person to lead
the firm in this new role. We look forward to continuing to serve the investment needs of our
clients and to grow our global business in a thoughtful and disciplined way,” said Mr. Lynch.

Mr. Rotatori has over 22 years of investment experience and joined GR–NEAM in 2000 where
he had been responsible for the Client Strategy group. In his new role, he will continue to report
to Mr. Lynch. Mr. Rotatori is a CFA Charterholder and received his undergraduate degree from
Georgetown University and his MBA in Finance from the University of Chicago Graduate School
of Business.

As a result of this change, Mr. Calvin (Chip) Clark will assume responsibility for the Client
Strategy group, reporting to Mr. Rotatori. Mr. Clark has over 24 years of investment experience
and has been with GR–NEAM since 1992 having served in a variety of roles within the
Investment and Client Strategy groups. He graduated from Middlebury College with a B.A. in
Economics.

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GR–NEAM is an SEC-registered investment advisor that specializes in offering capital and investment management services primarily to the insurance industry. GR–NEAM is a wholly-owned subsidiary of General Re Corporation.

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations which operates under the brand name of Gen Re.

All rights reserved. This publication has been prepared solely for general informational purposes and does not constitute investment advice or a recommendation with respect to any particular security, investment product or strategy. Nothing contained herein constitutes an offer to provide investment or money management services, nor is it an offer to buy or sell any security or financial instrument. NEAM does not offer legal advice and readers should consult their own independent legal advisors before relying on any information herein. The investment views expressed herein constitute judgments as of the date of this material and are subject to change at any time without notice. Future results may differ significantly from those stated in forward-looking statements, depending on factors such as changes in securities or financial markets or general economic conditions. While every effort has been made to ensure the accuracy of the information contained herein, neither New England Asset Management, Inc. (“NEAM, Inc.”) nor New England Asset Management Limited (together, “NEAM”) guarantee the completeness, accuracy or timeliness of this publication and any opinions contained herein are subject to change without notice. This publication may not be reproduced or disseminated in any form without express written permission. NEAM, Inc. is an SEC registered Investment Advisor located in Farmington, CT. This designation does not imply a certain level of skill or training. In the EU this publication is presented by New England Asset Management Limited, a wholly owned subsidiary of NEAM, Inc. with offices located in Dublin, Ireland and London, UK. New England Asset Management Limited is regulated by the Central Bank of Ireland. New England Asset Management Limited is authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request. This is not an offer to conduct business in any jurisdiction in which New England Asset Management, Inc. and New England Asset Management Limited are not registered or authorized to conduct business.