Hannover House Inc (HHSE)

[Cpoulsen2]

Tom sims is the man!
From 10k

Item 10. Directors, Executive Officers and Corporate Governance.

(c) Significant Employees.
In addition to Eric F. Parkinson and D. Frederick Shefte, Company considers its Executive Vice President of Sales, Tom
Sim s, to be a significant employee. Sims joined the Company in June, 2014, with a mandate to recreate a multi-studio
distribution model similar to those that he successfully formed and operated for Vivendi / Universal Music Group and Allegro
Media Group. The release model being operated by Tom Sims, Medallion Releasing, Inc., is a consortium of five (at present)
video labels, each representing a specialty in non-competitive arenas and categories of videos (e.g., Spanish, Urban, Christian,
Family, Horror, Anime). The continued employment of Tom Sims is believed to be a material requirement of the supplier
studios participating with Medallion Releasing, Inc. For calendar year 2015, Company is forecasting gross sales of over $5 -
million from the Medallion supplier labels, which revenues will nicely supplement income being generated by Hannover House
activities

Item 11. Executive Compensation.

Tom Sims Exec. V.P. Sales = $120,000*


* Tom Sims is also entitled to a sales-performance-based bonus compensation plan that pays him a commission of one percent
(1%) of Net sales generated in excess of the initial two-million ($2,000,000) in base revenues annually, up to a maximum annual
income of $500,000 (representing annual sales achievement of $38-million).