RETURN TO SMART HOME RETURN TO CONFERENCE OVERVIEW Conference PARTICIPANTS Conference LOGISTICS

SMART Conference Participants

Knut A. Simonsen, 44, is senior vice president of DTE Energy Resources, a subsidiary of DTE Energy (NYSE:DTE), a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. In this position, Simonsen provides leadership in strategy, M&A and business development for DTE Energy and its utility and non-utility businesses. Furthermore, Simonsen is responsible for identifying and exploiting opportunities that create value, integrating the activities between the business units, and expanding or generating new business areas for the company to enter. This included the acquisition of Duke’s share in the Vector Pipeline and the formation of DTE Gas Resources, an unconventional gas E&P business that currently focuses on the Barnett Shale in Ft. Worth, Texas.

Simonsen joined DTE Energy from McKinsey & Company’s Dallas, Texas office. At McKinsey, he was a management consultant specializing in the energy industry serving leading firms among gas and electric utilities and major oil companies. Areas of primary focus were merger and acquisitions, growth and restructuring strategies, wholesale trading, and performance management. Prior to McKinsey, Simonsen worked in Texaco Inc.’s Global Gas & Power division based in New York. As a Project Manager at Texaco, Simonsen led power development teams in North America, Europe and Latin America. The focus included both traditional gas fired turbine technology as well as Texaco’s proprietary gasification technology using high sulfur fuels such as coal, petroleum coke and heavy residual oils. Experience included project economics and financing, developing and evaluating EPC bids, and leading contract/bid negotiations with suppliers/vendors. Previously, Simonsen was an Assistant Treasurer in the New York based Project Finance group of Den Norske Bank, where he marketed, analyzed and structured project finance loans primarily for independent power and gas pipeline projects.

Simonsen earned an MBA from Columbia University in New York with concentration in Finance, and a bachelor of science degree in Petroleum Engineering from Texas A&M University. While at Texas A&M, he completed two internships in Statoil’s reservoir engineering and exploration groups in Norway.