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Acquisition Process and Facility Management / Operations. 1547 has strategic procedures in-place for
uncovering and qualifying a market opportunity. Portfolio level possibilities undergo arduous quantitative and
qualitative evaluations to determine how an asset may “fit” in the Portfolio. Sourcing a prospective property,
analyzing the asset, and the disposition potential an opportunity may possess are all defined and strictly
monitored in the 1547 acquisition process. Such steps are as follows:

■ Deal Sourcing
– Leverage extensive relationship network to uncover new, pre- and off-market opportunities
– Sources including brokers, industry analysts, industry executives, the fiber community, and
potential tenants

■ Due Diligence Process
– Analysis includes competition, power, fiber, location, security, market demand, environmental
impact, operational expenses, partners, and state or local incentives
– Development of a detailed pro forma operating plan

■ Transaction Negotiation and Execution
– Creative approach to negotiating and structuring transactions
– Various equity and debt capital partners for acquisitions of varying risk profiles

■ Development Process
– Prepare: Audit the requirements of tenant if BTS and evaluate the market requirements
– Design: Create holistic data center design and obtain permits
– Acquire: Competitive bids from at least 3 trades per job for construction
– Implement: Construction through commissioning

■ Facility Management and Operations.
– Implementation of customized Data Center Infrastructure Management (“DCIM”) tools that
measure, monitor, and provide a best practices operations framework to each facility
– Rigorous training of local staff on the electrical and mechanical equipment
– Centralized management to provide operational consistency, improved economies of scale, and
back up security with local and centralized monitoring of all properties
– Active energy management plan specific to each facility and governing power authority

■ Exit Strategy.
– Multiple exit strategies are possible, including individual asset sales, portfolio sales,
recapitalizations, and other creative strategies to maximize returns
– Potential of a conversion to a public REIT