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SVP, CAO & CFO - D-Wave

Quantum Computing

Steven Cakebread, former CFO of Salesforce.com, Pandora and Autodesk, joins D-Wave Systems as CFO and CAO.

He brings over 25 years of experience with high-growth technology firms. Before joining D-Wave, Cakebread served as the CFO of Pandora Media, a provider of personalized Internet radio and music discovery services, and also served as its Chief Accounting Officer and EVP until January 2013. He previously served as Chief Financial and Administrative Officer of Xactly Corporation. A highly regarded leader of the Software as a Service (SaaS) market, Cakebread served as Salesforce.com's CFO for six years and led the Company through its IPO. Prior to Salesforce.com, Cakebread served as SVP and CFO for Autodesk, where he was responsible for all of the Company's accounting and corporate finance functions. Before Autodesk, Cakebread was VP, Finance for Silicon Graphics, where he managed accounting and finance, information systems, and global sales and service administration. He began his career in global high technology operations with Hewlett Packard, where he held several key management positions.

Mr. Cakebread serves as a Member of Advisory Board at CEO Ventures Limited. He served as EVP, Salesforce.com Japan. He has been a Director of Webroot since 2010 and FinancialForce.com since 2012. He has been Director of Exponential Interactive since 2012. Mr. Cakebread has been a Director of MarketTools since 2007. He served as Director of Salesforce.com Japan. He has been a Director of SolarWinds since 2008 and also serves as its Lead Independent Director. He serves as Board of Advisor of Yola. He has been a Director of ServiceSource International since 2010. He served as Director of eHealth from 2006 to 2011. He served as Director of The TSG Group from 2000 to 2003 and TheLadders.com since 2010.

Mr. Cakebread received a B.S. in Business from University of California at Berkeley and an M.B.A. from Indiana University.

About D-Wave Systems Inc.

Founded in 1999, D-Wave's mission is to integrate new discoveries in physics and computer science into breakthrough approaches to computation. The company's flagship product, the D-Wave One(TM) is built around a novel type of superconducting processor that uses quantum mechanics to massively accelerate computation. In 2010 Lockheed Martin purchased serial number 1, completing the historic world's first sale of a commercial quantum computer. With headquarters near Vancouver, Canada, the D-Wave U.S. offices are located in Palo Alto. D-Wave has a blue-chip investor base including Bezos Expeditions, Business Development Bank of Canada, Draper Fisher Jurvetson, Goldman Sachs, Growthworks, Harris & Harris Group, In-Q-Tel, International Investment and Underwriting, and Kensington Partners Limited. Gartner Group analysts named D-Wave 2012 Cool Vendor in High-Performance Computing and Extreme-Low-Energy Servers. For more information, visit: www.dwavesys.com

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