Cushman & Wakefield Proposal_SES 1.11.23

HO

SCOPE OF WORK

SITE SELECTION FACTORS OF INFLUENCE C&W’s site selection process incorporates hundreds of data points into market screening and scorecarding. Per our understanding, business incentives & customer proximity / supply chain considerations are of utmost importance to SES. We’ve outlined this criteria along with some additional key site selection categories here (note this list is not exhaustive and will be customized to SES’s specific drivers).

CATEGORY

METRIC

Materiality and application of business incentives Cost of labor for each relevant hiring category Cost of real estate and capital improvements Transport costs Cost of utilities Corporate tax environment: income, sales, property taxes Business friendly climate

Cost & Ease of Doing Business

Proximity to large clients Proximity to natural resources Supply Chain considerations: supplier/customer locations Supply Chain considerations: proximity to transportation/rail/ports/etc.

Accessibility & Supply Chain

Availability of viable real estate solutions Timeline of permitting process

Speed to Market

Developer readiness Overall Infrastructure Non-financial government incentives: land grants, expedited permitting, utilities/infrastructure, etc.

Natural hazard/disaster risk Humidity Availability of water and other critical resources

Natural Environment

Key labor pool size by market for each relevant hiring category Key labor pool density by market for each relevant hiring category Hiring competition and presence of competitors/peer companies Job postings vs hiring volume by market

Skills assessment: detailed talent insights to identify current and future skills gaps and competitor analysis Diversity - presence of underrepresented communities and women in key hiring categories in market Submarket trends - commute patterns, density of talent, etc. Higher education pipeline: number of graduates, collaboration opportunities, trade programs, upskilling, etc.

Labor/Talent

Battery/Advanced Manufacturing & Life Sciences/Biotech Sector Concentration Peer/Competitor analysis - identification of other battery facility announcement trends

16 SES Proposal for Real Estate Services