NovoNordisk_CushmanWakefield_RPF_FINAL

58 Novo Nordisk | Cushman & Wakefield

4

PROS • Consolidated operations at a single property • Accommodate current headcount and plan for growth • Location: • Whitefield – Current Location – Minimal employee displacement Scenario 2 – Consolidate in a single facility

• Opportunity to occupy Grade A building with amenities and new MEP infrastructure • Integrated facility – operational efficiencies (avoid duplication of services) & cost optimization • Opportunity for Branding and Visibility • Eliminates dealing with multiple Landlords • Secure space for future growth in the same project

• Relocation challenges and initial financial impact (capital expenditure on tenant improvements) • Lock-in period if any in the existing leases to be managed

• Upcoming Locations such as North Bangalore - based on employee demography analysis (to be undertaken)

CONS

• Business continuity and least operational disruption – Existing address • Low upfront Investment on fit-outs

• Higher operational costs and limitation on employee interactions and collaboration – Multiple offices • Aged infrastructure – MEPs and Fixtures – refurbishment costs • Dilution of brand image due to dispersed locations

• Retain existing facility and expand as required • Lease offices as required to accommodate growth • Can evaluate satellite offices – Hub & Spoke model • Location: • Whitefield – Current location • Other micro markets – Hub & Spoke model PROS Scenario 1 – Retain existing facilities

• In case of hub & spoke - flexibility to employees to work from multiple offices and increased presence across city

CONS

Novo Nordisk I Cushman & Wakefield

Scenarios