Syniverse FRI

Our Understanding

Based on what was shared with our team in both the pre-interview and in the corresponding RFI, we understand the following about Syniverse’s objectives:

Requirements For Your Partner • Develop comprehensive strategy for the lease

renegotiation, excess space disposition (sublease or buyout), and/or relocation of Syniverse’s existing 198,750 SF at Highwoods Preserve • Provide acquisition strategy and implementation for new or renegotiated lease for 50,000 – 70,000 SF Keys To Success • Understanding of Syniverse’s overall business drivers • Delivering a fresh perspective • Market expertise and leverage

Current Situation BUILDING NAME Highwoods Preserve I

LANDLORD TPG Real Estate

ADDRESS 8125 Highwoods PalmWay

TENANT Syniverse Technologies, LLC

BUILDING SIZE 198,750 SF

LAST SOLD December 2018; $37.5M

LOCAL MARKET Tampa, Florida and Vicinity

REFINANCED June 2021

• Insights into a connection with potential subtenants • Global reach, network and visibility for Syniverse’s Headquarters disposition assignment

Existing Lease SQUARE FEET 198,750 Rentable SF LEASE EXPIRATION January 31, 2027

New Lease Targeted SQUARE FEET Syniverse is anticipating a footprint of approximately 50,000 – 70,000 SF. This is estimated and subject to change in conjunction with space planning at later date. TRANSACTION TYPE Lease renegotiation or buyout; excess space disposition (sublease or buyout), and/or relocation. TARGET LOCATION Within the Tampa office market with access to amenities.

Situation Overview

REMAINING LEASE OBLIGATION EST. +$30M(Assuming$10/SFOPEX)

Headquarters currently on market for sublease (full or partial)

Lease Buyout Preferred

Communication ongoing with Landlord Desire to downsize (in place or relocation) to 50,000 - 70,000 RSF

6 | Syniverse