Investor Presentaiton

Roosevelt Roads Redevelopment of Disused Naval Base ☐ Former US Navy Installation that has drawn much attention due to its infrastructure and natural surroundings. Master Plan for site was shared by Invest Puerto Rico. From our due diligence, we discovered the following additional information (Per the Roosevelt Roads website http://www.rooseveltroads.pr.gov/): - An RFP for a Master Developer was created. This RFP constitutes the second phase of a three-phase process to solicit and select a Master Developer capable of redeveloping the entire project at the former Naval Station Roosevelt Roads ("NSRR"), consisting of approximately 3,000 acres of developable land, or the nine (9) zones presented in the 2014 Development Zones Master Plan for the Roosevelt Roads Redevelopment. Results: This process was finalized and it was awarded to Clark Realty Capital but no contract was signed. Also, the LRA signed a long-term lease with Mid-Atlantic Shipyards (MAS) on December 4, 2015 for the development of a multi-tenant shipyard in the dry-dock area (38 acres) at RR. о Puerto Rico aims big in their bid to burst onto the shipyard map. о MidAtlantic Shipyards is looking to turn this property (below), which is a disused naval base, into a multi-tenant facility with a focus on repair, while Jones Act shipbuilding remains possible. Photo Rendering of the Proposed Project SEABURY MARITIME Roosevelt Roads Dry Dock, LLC ROOSEVELT ROADS DRY 000 DOCK, LLC 48

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