13D Filing: Wintergreen Advisers and Consolidated Tomoka Land Co (CTO)

7)       The
nominee has not purchased or sold any securities of the Company during the past two years. No associate of nominee owns beneficially,
directly or indirectly, any securities of the Company. Nominee does not own beneficially, directly or indirectly, any securities
of any parent or subsidiary of the Company.

8)       Although
there is no formal written agreement, in connection with his position as a director of the Company, it is anticipated that Mr.
Ho will vote with the other nominees nominated by the Adviser. As further described below, an independent consulting agreement
exists between the Adviser and Value Investor Resources, Inc., of which Mr. Ho is the sole owner. The nominee does not currently
hold any position or office with the Company nor has he ever served previously as a director of the Company. Neither nominee nor
any of his associates has any arrangement or understanding with any person with respect to any future employment by the Company
or its affiliates, or with respect to any future transactions to which the Company or any of its affiliates will or may be a party.

9)       Except
as disclosed, nominee is not, nor within the past year was, a party to any contract, arrangements or understandings with any person
with respect to any securities of the Company, including, but not limited to, joint ventures, loan or option arrangements, puts
or calls, guarantees against loss or guarantees of profit, division of losses or profits, or the giving or withholding of proxies.

10)       Except
as disclosed, there is no arrangement or understanding pursuant to which the nominee is proposed to be elected.

11)       Mr.
Ho was an employee of the Adviser from 2006 to 2014. An independent consulting agreement exists between the Adviser and Value Investor
Resources, Inc., of which Mr. Ho is the sole owner. Mr. Ho is compensated by the Adviser for research and analytical work. The
agreement became effective on January 12, 2015 and continues through the date that this questionnaire was completed. Although there
is no formal written agreement, it is anticipated that Mr. Ho will vote with the other nominees nominated by the Adviser. The nominee
will not receive any compensation from Wintergreen for his services as director of the Company.

12)       The
nominee has indicated his availability in respect of the meetings of the Board that have been scheduled for calendar year 2018
to the extent that they are known.