Johns Manville RFQ

Request for Qualifications

LABOR MARKET ANALYSIS

LEVEL 1: PROPERTY-SPECIFIC DIFFERENTIATION OF ‘LONG-LIST’ PROPERTIES

Once preferred properties have been identified, Cushman & Wakefield ranks and compares each on a variety of labor market indicators to help narrow the list of properties for additional due-diligence activities. • Cushman & Wakefield examines labor market statistics within 10-mile radius and 30-minute drivetime of each property. • 30+ metrics are rated, weighted for importance, and compiled into overall composite index score.

EXAMPLE QUALITATIVE LABOR MARKET COMPARISON

PRIMARY FACTOR WEIGHTING DESIRABLE CONDITIONS Targeted Labor Resources 30%

Larger pool of targeted demographics aligned with the operation’s requirements, blue-collar underemployed, and workforce responsiveness to part-time and shift work Greater size and density of specific targeted skills; balanced competitor profile; fewer employers-of-choice in proximity Less exposure to tight labor supply-demand balance; suitable educational attainment; lower inflation trends; lower market affluence and cost of living indicators Fewer petitions for election certification and successful union election outcomes

25%

Scalability

25%

Sustainability

20%

Union Risk

SAMPLE INDEX

Higher Score = Better Suited Labor Market

JOHNS MANVILLE | CUSHMAN & WAKEFIELD 28