Board of Directors

B. Francis Saul, II Chairman
Chevy Chase Trust Company
ASB Capital Management LLC
B.F. Saul Company
B.F. Saul Real Estate Investment Trust
Saul Centers, Inc.

Patricia Saul Lotuff Vice Chair
Chevy Chase Trust Company
ASB Capital Management LLC
B. F. Saul Company
B. F. Saul Real Estate Investment Trust
Saul Centers, Inc.

George P. Clancy, Jr.
Retired, Executive Vice President Chevy Chase Bank
Audit Committee Member

Gilbert M. Grosvenor
Chairman Emeritus of the Board of Trustees, National Geographic Society

William F. McSweeny
Retired, President Occidental International Corporation

H. Gregory Platts
Retired, Senior Vice President & Treasurer, National Geographic Society
Chair, Audit Committee

Earl A. Powell, III
Retired, Director, National Gallery of Art, Washington, D.C.

Jeff Whitaker
President & Chief Executive Officer, Chevy Chase Trust Company

Wendelin A. White
Of Counsel, Goulston & Storrs PC
Audit Committee Member