CHAPTER I. THE PARTIES

A. Claimant

1. Claimant in this arbitration is Gold Reserve Inc. (hereinafter “Gold Reserve” or “Claimant”). Gold Reserve is a mining company incorporated under the laws of the Yukon Territory in Canada and is listed on the Toronto Venture Exchange and the NYSE Amex. Claimant’s registered address is at Suite 200, 926 West Sprague Avenue, Spokane, Washington 99201, United States. Claimant is represented in this arbitration by Ms Abby Cohen Smutny, Mr Darryl S. Lew, Mr Hansel Pham, Mr Petr Polášek and Mr Michael Roche of White and Case LLP (Washington, United States).

B. Respondent

2. Respondent in this arbitration is the Bolivarian Republic of Venezuela (hereinafter “Venezuela” or “Respondent”). It was originally represented in this arbitration by Dr Ronald E.M. Goodman, Ms Melida Hodgson and Mr Alberto Wray of Foley Hoag LLP (Washington, United States). Their authority was revoked by letter dated 10 May 2011.1 Venezuela was then represented by the Attorney-General; Venezuelan counsel, Mr Antonio Guerrero and Mr Luis Torres Darias (appointed on 22 February 2011); and Mr Paolo di Rosa and Ms Gaela Gehring Flores of Arnold & Porter LLP (as of 12 May 2011). On 27 September 2011, Respondent informed the Tribunal that Foley Hoag LLP had been reappointed to represent Respondent, and on 28 September 2011, Respondent revoked the authority of the Venezuelan counsel, Mr Antonio Guerrero and Mr Luis Torres Darias. Venezuela is also presently represented by Dr Manuel Enrique Galindo Ballesteros, Procurador General (E) de la República of the Procuraduría General de la República.