Cushman & Wakefield Proposal_SES 1.11.23

OME

EXECUTIVE SUMMARY

COST

Service

Description

Paid By Estimated Investment

Pricing Methodology

Full market screening and scorecard process to determine viable markets and sites for facility.

If C&W is hired to provide transaction management services, we are open to structuring a credit to offset advisory fees. Further details can be provided in the services contract. Pricing determined primarily by the number of supplier/delivery locations under evaluation. Other factors may include inbound movement of raw materials and finished goods, specific customer locations and demand, and overall freight volume Incentives procurement fee is structured as a combination of a flat fee and a success fee. For the first 20% of incentive value the fee will be a flat fee of $50,000. The fees associated with the remaining value of incentives will be structured as a success fee starting at 10% that decreases by 1% for each incremental $10 million incentives procured. Project Management Fees are customized to client needs. C&W’s hourly PM rates are $165- $185. However, contract proposals are typically structured as a lump sum based on scope of services. For a typical project of this scale and complexity, we expect the commitment to be $220k for the hypothetical Austin project and ~$160k for the hypothetical Ohio Project. For a lease transaction , the Transaction Team would be compensated by the property owner payable upon successful completion of a lease transaction, at the market rate as applicable for each particular market. The compensation structure, once determined for each market under consideration, will be communicated to the SES AI team. For a sale transaction , the Transaction Team would typically be compensated by a sale commission payable by the seller through escrow; or by SES AI if and only if the characteristics of that particular market dictate the “Buyer Pay” model. The compensation model, once determined for each market under consideration, will be communicated to the SES AI team.

Location Selection Advisory

$60,000 - $80,000

SES AI

Evaluation of candidate site locations on shipping

Supply Chain Network Study

times, freight costs, and other logistics considerations

SES AI

$10-60K

Evaluation, negotiation, and successful procurement of incentives in candidate Markets

$50K flat fee + Success Fee

Incentives Procurement

SES AI

3rd party service provider sourcing, management of planning, design, and construction process

Project Management

±$160K - $220K

SES AI

Transaction Management

Landlord or Developer

Procurement of real estate solution

TBD

Proposal for Real Estate Services SES 7