Event Location Event Date and Location

2012 ADC WINTER FORUM | PAGE 2 The Power of EUL Air Force Enhanced Use Lease Program Update Brian Brown, Air Force Real Property Agency

2012 ADC WINTER FORUM | PAGE 3 Power of EUL

2012 ADC WINTER FORUM | PAGE 4 Overview  Air Force EUL goals  Toward $5 billion  Current projects  In development  Focus: Energy  Initiatives  Doing business

2012 ADC WINTER FORUM | PAGE 5 Air Force EUL goals  Through EULs, the Air Force is meeting real estate and infrastructure goals  Benefits all stakeholders  Increase revenue streams  Puts AF real property assets to use for the warfighter and mission  EULs provide a secure, consistent source of funding for installations, and a economic engine to create jobs for developers and communities

2012 ADC WINTER FORUM | PAGE 6 The $5 billion plan creates a predictable funding stream to offset budget shortfalls ~$3.77B NPV includes: Focus Area 3 Identified Future Initiatives Focus Area 2 Project Identification Opportunities Focus Area 1 Executed Leases and Execution Projects Real Estate $.16B Energy $1.89B Energy $2.05B Real Estate $1.21B Innovation $.51B ~$.96B NPV includes: Real Estate $.29B Energy $.67B ~$2.05B NPV includes: The EUL Program strategy to achieve the $5B Plan has three focus areas: Total: $6.78B Toward $5 billion

2012 ADC WINTER FORUM | PAGE 7 Current projects in execution Ramey AFS JB MDL  9 projects in execution  Est. value: $730 million Travis AFB Edwards AFB Hill AFB Clear AFS Energy Project Eglin AFB Real Estate project All values are approximate

2012 ADC WINTER FORUM | PAGE 8 In Development JB San Antonio Barksdale AFB Holloman AFB Hill AFB Rome NY Ellsworth AFB Schriever AFB  EUL projects in development  Est. value: $350 to $450 million Kirtland AFB Energy Project Real Estate project All values are approximate Seymour Johnson AFB

2012 ADC WINTER FORUM | PAGE 9 Energy Portfolio  Value up to $3.1 billion  Different technologies: Solar al RenewableClean Solar 45,300 developable acres with potential to develop appx. 5,300 MW Waste-to-Energy Hill AFB: development agreement signed; more to come Analyzing opportunities Geothermal 10 locations with believed potential up to 1,000 MW based on resource Project Value of $700M to $900M Natural Gas Large development potential with TBD MW based on market demand All values are approximate

Program Initiatives: Focus Area 3

2012 ADC WINTER FORUM | PAGE 11 Doing Business Contact the Air Force Real Property Agency at: Phone: