Preparing for Launch_Voyager

PREPARING FOR

TABLE OF CONTENTS

ABOUT YOU

OUR TEAM

C&W OVERVIEW

WHY ARE WE ANY DIFFERENT?

REAL ESTATE PORTFOLIO

± 225K TOTAL SQUARE FEET

± $4M ANNUAL RENT SPEND

17 LOCATIONS

10 STATES

LARGEST FOOTPRINTS (11 LOCATIONS)

OUR UNDERSTANDING

68,791 SF 1 Location

59,301 SF 2 Locations

41,163 SF 3 Locations

39,893 SF 5 Locations

VOYAGER GOALS

• Efficiencies & cost savings across portfolio • Find New Denver HQ • Select real estate partner to grow with Voyager • Understand Site Selection & Incentives opportunities • Immediate Need: 25,910 SF Sublease in San Diego – SpaceMicro

DEEP TECH FOCUS

WHY ARE WE ANY DIFFERENT?

COLORADO STRENGTH

RIFLED APPROACH

CURRENTLY EXPLORING A “SATELLITE” OFFICE IN SPACE

ABOUT US

53,000 EMPLOYEES

400 OFFICES

60 COUNTRIES

STEVE BILLIGMEIER Account Co-Lead Point of Contact

SID DIXON Account Co-Lead Point of Contact

ABOUT US

SITE SELECTION Tyler Hales

FINANCIAL CONSULTING Olan Young

PROJECT MANAGEMENT John Zimmerman

LEASE ADMINISTRATION Anastasia French

INCENTIVES CONSULTING Amy Gerber

WORKPLACE STRATEGY Heather Gerety

VIEW PRICING

NEGOTIATE INCENTIVES

LEASE ADMINISTRATION

TRANSACTION MANAGEMENT

PORTFOLIO STRATEGY

PROJECT MANAGEMENT & CONSTRUCTION

CUSTOMIZED SITE SELECTION

WHAT WE DO

LABOR ANALYSIS

FINANCIAL ANALYSIS

WORKPLACE STRATEGY

FACILITIES MANAGEMENT

SUSTAINABILITY & ENERGY MANAGEMENT

CAPITAL MARKETS

DIFFERENTIATOR #1: DEEP TECH FOCUS

NTS

KEY INDUSTRIES

NATIONAL/GLOBAL CLIENTS

AEROSPACE

AVIATION

ROBOTICS

DEEP TECH FOCUS

CLIMATE TECH

NUCLEAR POWER

EV BATTERY PRODUCTION

RENEWABLE FUELS

ENERGY STORAGE

PROJECT MANAGEMENT

PROJECT MANAGEMENT

2.19M SQUARE FEET SINCE 2020

DEEP TECH FOCUS

EXPERIENCE BEYOND OFFICE

WE KNOW WHO TO CALL

WHY DOES THIS MATTER?

SO WHAT?

INDUSTRY KNOWLEDGE

STEVE BILLIGMEIER SID DIXON

TAREK WAKED

RYAN KRISER

SYNERGISTIC RELATIONSHIPS

JOSH WESTERN

DIFFERENTIATOR #2: COLORADO STRENGTH

2022

# 1

# 4

# 5

211,000 SF

124,000 SF

116,000 SF

# 1

2021

287,000 SF

# 1

LARGE DEAL DOMINANCE

2020

391,000 SF

# 1

2019

283,000 SF

# 2

2018

285,000 SF

SOURCE:

WALK THROUGH

COLORADO HQ EXPERIENCE

OVERVIEW

SERVICES PROVIDED

UNIQUE FACTORS

REAL ESTATE TYPE • Office • R&D • Warehouse • Airport Hanger

• Site Selection • Lease Negotiations • Land Acquisition • Project Management

• Global HQ relocation • Only one full building option • Timing

WHY IT’S RELEVANT? CENTER OF EXCELLENCE

SIZE • Global HQ – 285,000 SF • R&D – 70,000 SF • Warehouse – 60,000 SF • Airport Hanger – 50,000 SF • Total – 465,000 SF

COLORADO HQ EXPERIENCE

OVERVIEW

SERVICES PROVIDED

UNIQUE FACTORS

REAL ESTATE TYPE • Office • R&D • Airport Hanger

• Site Selection • Lease Negotiations

• Large Up-Front CapEx • Start-Up Company Credit • Institutional Ownership Group

SIZE • Global HQ – 287,000 SF • R&D – 70,000 SF • Airport Hanger – 50,000 SF • Total – 407,000 SF

WHY IT’S RELEVANT? PRE-REVENUE CREDIT

DIFFERENTIATOR #3: RIFLED APPROACH

TALENT & INCENTIVES DASHBOARD

SITE SELECTION & INCENTIVES

CURRENT SITUATION

68,791 SF LEASED - ENTIRE BUILDING

5/31/2028 LEASE EXPIRATION

25,000 SF SUBLEASE OPPORTUNITY

42,000 SF CURRENTLY OCCUPIED 25,000 SF EXPANSION STARTS 12/1/2023 $22.80/SF ANNUAL NNN RATE

STRATEGIC ANALYSIS

$1.90/SF MONTHLY NNN RATE

REPRESENTED BY:

$1.09/SF ($13.08/SF) EFFECTIVE RATE TODAY $1.15/SF ($13.80/SF) MAX RATE

LOCAL MARKET INTEL

SAMPLE SUBLEASE BROCHURE

DEEP TECH FOCUS

WHY ARE WE ANY DIFFERENT?

COLORADO EXPERIENCE

RIFLED APPROACH

APPENDIX

Service

Description

Cost

Paid By

$0* *Typically $50 - $80k

Market screening, labor analytics, supply chain studies, scorecard process to evaluate markets for facilities

Customized Site Selection

C&W

Portfolio Strategy

Planning & strategic analysis of all individual locations within portfolio

$0

C&W

Financial analytics, proposal comparison summaries for all individual locations during transaction process

Financial Analysis

$0

C&W

Industry trends and best practices information session, space programming for a specific location, analytics tools

Workplace Strategy

$0

C&W

PRICING

Transaction Management

Landlord or Developer

Negotiation of individual leases throughout portfolio

$0

Incentives Procurement

Evaluation, negotiation, and procurement of Incentives

Success Fee

Voyager

Database & management tool for all leases, key dates, and key terms

One-time Setup: ±$8,000 Annually: ±$10,000

Lease Admin

Voyager

Oversight of construction projects, full development of facilities, management of contractors, etc.

Project Management

Highly scope dependent

Voyager