CORPORATE PROFILE

EXCELLENCE IN CONSTRUCTION

HONORING OUR HERITAGE BY BUILDING YOUR FUTURE

Nason Construction, Inc. | www.nasonconstruction.com | bbatley@nasonconstruction.com | 610-639-1024

COMPANY CONTACTS NASON CONSTRUCTION, INC.

Thomas W. Nason, II Chief Executive Officer 3411 Silverside Road Tatnall Building, Suite 200 Wilmington, DE 19810 P: (302) 529-2800 M: (610) 636-9500 tnason@nasonconstruction.com Bob Batley Director of Business Development and Marketing 3411 Silverside Road Tatnall Building, Suite 200 Wilmington, DE 19810 M: (610) 639-1024 bbatley@nasonconstruction.com Erik Fay, PE Regional Director, Philadelphia The Navy Yard, Quarters M-3 4605 S Broad St Philadelphia, PA 19112 P: (215) 334-9400 M: (610) 896-4901 efay@nasonconstruction.com Jason Nix Lead Preconstruction Manager The Navy Yard, Quarters M-3 4605 S Broad St Philadelphia, PA 19112 P: (215) 599-0621 M: (215) 776-9706 jnix@nasonconstruction.com Matt Thrower, CHC Project Executive, Philadelphia The Navy Yard, Quarters M-3 4605 S Broad St Philadelphia, PA 19112 P: (215) 334-9400 M: (302) 236-6287 mthrower@nasonconstruction.com

COMPANY HISTORY

Our me-honored tradi on of providing construc on services began when Walton H. Nason founded the firm in 1922. His son, “Toppy”, led the company to its current regional status, and stewardship of this legacy is now embraced by Nason CEO, Tom Nason, II. Our many years of experience include the construc on management of a wide variety of facili es with a proven track record of delivering projects on

me and on budget. We are commi ed to providing the highest level of service, professionalism, and quality on every project for every client. Our goal is to carry on the legacy begun by Walton H. Nason: Excellence in Construc on.

Nason Construc on, Inc. | www.nasonconstruc on.com | bbatley@nasonconstruc on.com | 610-639-1024

NASON CONSTRUCTION, INC. provides construc on management, design-build, and general contrac ng solu ons for clients in a variety of market sectors throughout Delaware, Pennsylvania, Maryland, Virginia, and New Jersey. More than half of Nason’s annual revenues are accomplished as a Construc on Manager, and we perform our work in a completely “open book” fashion to best serve your interests.

PRINCIPAL THOMAS W. NASON, II CHIEF EXECUTIVE OFFICER & PRESIDENT

Our CEO and President, Tom Nason, the third genera on owner of Nason Construc on, con nues building the company that his grandfather and father built. Tom is ac vely involved in the day-to-day business of the firm and he, along with his management team, are accessible to our clients and our project team 24 hours a day, 7 days a week. We believe that the personal involvement of our principals guarantees our clients the best possible service and a successful project, delivered on me

and on budget.

CAPACITY Nason Construc on is headquartered in Wilmington, DE, and has fully opera onal regional offices conveniently located in The Navy Yard in Philadelphia, PA, and in Salisbury, MD, that support five Mid-Atlan c States. We employ our own in-house resources throughout our three offices as well as various field offices, including but not limited to:

COMPANY PROFILE

NASON CONSTRUCTION, INC.

Nason Construc on, Inc. | www.nasonconstruc on.com | bbatley@nasonconstruc on.com | 610-639-1024

SERVICES AND MARKETS Nason manages a broad spectrum of projects in the following markets:

Corporate Healthcare Educa on Government Parking Garages Pharmaceu cal Research & Development Religious Facili es Senior Care Warehouse and Distribu on Centers Retail Mixed-Use Sustainable / LEED solu ons

These projects are delivered through Construc on Management, General Contrac ng, or Design-Build services.

REPEAT CLIENTELE Consistently successfully delivering projects has resulted in significant repeat business. Over 85% of our current projects directly originated from a client, architect, or engineer, or from their referral, and 60% of this work is nego ated construc on management contracts.

EXCELLENCE IN SAFETY AND CONSTRUCTION Our firm has an outstanding reputa on with clients and subcontractors; we have a valued list of clients that award us mul ple projects, and we have excellent regular bidder par cipa on. Our commitment to quality and safety is also represented by the fact that we have received over 30 industry awards honoring our excellence in safety and construc on over the last decade.

COMPANY PROFILE

NASON CONSTRUCTION, INC.

PPRECONSTRUCTIONON N SSSERVICESES Nason provides comprehensive preconstruc on services that help our clients address their unique construc on programs. Our firm has developed a proven partnering approach and open book policy that involves all project team members to establish a unified delivery throughout the project. Our project team approaches the preconstruc on phase with the intent of providing the most value and quality within budget. Nason develops various purchasing and construc on scenarios to efficiently allocate the available funding.

CCONSTRUCTIONON N MMMANAGEMENTNT Nason Construc on's approach to construc on management is centered on an open book policy and partnering effort involving the client, design team and all necessary stakeholders. Our professionals will immediately assume overall accountability for managing the project and budget. Nason has experience opera ng as the CM at Risk and within a CM Agency program format. On an annual basis, Nason completes approximately 65% of our workload using this delivery method.

DDESIGNGN N / BBBUILDLD Extensive experience with all facets of design-build projects, including fast-track schedules, lump sum, or guaranteed maximum price (GMP) has afforded Nason the ability to develop a comprehensive process. Our team will work closely with the design team through a collabora ve effort to ensure that project goals are achieved.

GGENERALA L CCCONTRACTINGNG Nason has had considerable success delivering projects as a general contractor and the firm is capable of obtaining a compe ve price in all prac cing regions.

LEED / SSUSTAINABLEL E SSSOLUTIONSNS Nason is commi ed to promo ng sustainable and environmentally responsible construc on methods. Our goal is to help our clients gain a compe ve advantage by opera ng more energy efficient and cost effec ve facili es that are healthier places to live and work.

NASON SERVICES

& vision values

Our vision: to be the best

The Nason Construction vision is to stand above our competitors in the Mid-Atlantic construction market by being known for the quality of our work, the exceptional service we provide, and the integrity with which we treat all of our employees and business relationships, Clients, consultants, and subcontractors will be enthusiastic to work with us on any project and our employees will be proud to say that they are a part of the Nason Construction Team.

Our values: integrity, quality, service, commitment

Integrity We are committed to conducting all of our business relationships in a manner that is honest, fair and ethical and that emphasizes open, direct communication.

Quality We are committed to excellence in all aspects of our work; our construction, our service, our people, our work environment and our dedication to safety. We strive for continuous improvements in everything we do.

Service We focus on anticipating and exceeding the expectations of all of our business partners, finding the best solutions for their needs and responding in a timely manner. We will do this by adhering to a standard of professionalism that represents our knowledge, experience and respect for others.

Commitment to our employees We will achieve our vision by attracting and retaining the best employees. We encourage our employees to strive for success in both their personal and business relationships by upholding our values. As part of our pledge to our employees, we will:

• strive to provide interesting and challenging opportunities to make a difference

• communicate openly and honestly • utilize, value and acknowledge individual skills, talents and

contributions • make safety a priority • encourage and support professional development • have fun together while striving for excellence

Integrity, quality, service, commitment; Each of us will demonstrate our commitment to and passion for the Nason Construction Team by incorporating these values into all our pursuits

THREE OFFICES SERVING FIVE STATESREGIONAL SUCCESS IN ALL MARKETS

Nason Construc on, Inc. | www.nasonconstruc on.com | bbatley@nasonconstruc on.com | 610-639-1024

"I WOULD ENTHUSIASTICALLY RECOMMEND NASON CONSTRUCTION FOR FUTURE PROJECTS. NASON'S ABILITY TO LEAD, LISTEN, AND WORK COLLABORATIVELY WAS A TESTAMENT TO NASON'S CORE VALUE."

- Dennis Groom, Director Division of Facilities Management, The State of Delaware

Sample Client List

Corporate Construc on Services

Sallie Mae Exterior Façade Renova on 2013 ABC Delaware, Excellence in Construc on Award, Honorable Men on

2013 Delaware Contractors Associa on, Construc on Excellence Award

Stroud Water Research Center, Moorhead Environmental Complex

2013 ABC Delaware, Excellence in Construc on, Merit Award

2013 LEED Pla num Cer fica on

Campbell Soup Company, World Headquarters Renova ons

2012 New Jersey Business & Industry Associa on, NJ New Good Neighbor Award

Amtrak, High Speed Rail Training Center

2000 ABC Delaware, Excellence in Construc on Award

2000 Delaware Contractors Associa on, Construc on Excellence Award

SEI Investments Corporate Campus 1997 ABC Delaware, Excellence in Construc on Award

1997 ABC Southeastern Pennsylvania, Excellence in Construc on Award

NNason Corporate Construction Project Awards

State of Delaware, Kent County Courthouse Complex

2013 Delaware Contractors Associa on, Construc on Excellence Award

2011 Delaware Contractors Associa on, Construc on Excellence Award

State of Delaware, Kent County Courthouse Historical Renova on

2013 ABC Delaware, Excellence in Construc on, Merit Award

Rodel Eastern US Headquarters, Building “9” Renova on

2002 ABC Delaware, Excellence in Construc on, Merit Award

2002 Delaware Contractors Associa on, Construc on Excellence Award

FirstUSA, Roo op Cafeteria Addi on 1997 AIA Delaware, Design Award, Second Place

Philadelphia

Wilmington

Salisbury

Commerce Bank (currently TD Bank)Regional Office

Location: Wilmington, DE

Completed:August 2004

Value: $4,500,000

Square Feet:16,500

Project Type: New Construction

Architect: Interarch

Nason Construction provided general contracting services for the new 16,500 square

contains open area cubicles as well as a full

throughout the construction process brought

Nason Construction completed four branch locations throughout the region for Commerce Bank. Below are highlights of those projects.

Chadds Ford, PA Completed in December 2001, Nason provided New Construction of this branch bank, which was unique in that the stone facade was reminiscent of the many historic structures in the community. The project was completed on time and on budget.

Churchman’s Corner, New Castle, DE Nason Construction provided general contracting services for this prototype branch in 2000. The building was completed within a 14-week schedule, and included construction of the building as well as the site work. The bank features four-lane side drive through tellers, vault, interior tellers, and customer service area

Marsh & Naamans Road, Wilmington, DE Nason built the first Commerce Branch Bank in Delaware in a record forty-seven days in 1999. Demolition of an existing building and site work had to be completed before construction could begin. Several challenges were overcome during the construction process, including weather conditions, unsuitable soil, and the discovery of Wilmington “blue rock.” These challenges were successfully met, and the project was completed on schedule.

Point Pleasant, NJ Nason Construction provided general contracting services for this prototype branch in 1998. The building was completed within a 14-week schedule, and included construction of the building as well as the site work. The bank features four-lane side drive through tellers, vault, interior tellers, and customer service area

Nason Construction was selected to provide general construction services for a $1.4 million addition and renovation to the existing Boeing Helicopters Credit Union facility.

The addition will entail construction of a high-tech facade to complement the style of the larger Boeing facility. Upgrades to the existing building and entryway facade will be performed to match the addition.

Due to its proximity to the Delaware River, the complex foundation for the addition consists of 45-foot-deep wood piles, with concrete grade beams and a structural concrete floor slab.

Thoughtful scheduling and phasing coordination by the Nason team will ensure this bank facility remains operational six days a week throughout construction.

Nason Construction is currently working on our seventh project with Campbell Soup Company at their World Headquarters in Camden, NJ. Our relationship spans a program of multiple projects. Highlighted below are some of those projects.

World Headquarters Renovation, Phases 1 & 2 Nason Construction originally provided general contracting services for the first two phases of the World Headquarters renovation. Completed in February 2011, the first phase included the installation of all IT equipment. The second phase, completed in June 2012, involved the complete renovation of 68,000 sf of administrative space at the Headquarters’ main building.

The retrofit included selective demolition and interior fit-out with high-end corporate office finishes and extensive mechanical and

electrical upgrades. The building remained fully occupied during the renovation.

World Headquarters, Building 70 Renovations Nason provided general contracting services for Campbell Soup’s Building 70 interior renovations, which was the first venture between Campbell’s and Nason. The scope of the project included demolition of a portion of the existing Day Care and build-out of new space and meeting rooms, as well as a new HVAC system and skylight installations. Work was completed during the night shift hours to allow the Day Care and office operations to continue without interruption.

The Nason construction team successfully coordinated construction activities within the occupied building and with the furniture assembly crews to allow on-time move-in to the renovated space.

In February of 2014, Nason was awarded Construction Manager to renovate and add to an existing office, as a major part of Singer Equipment’s relocation from Philadelphia, PA, to Bellmawr, NJ.

The 78,000 sf facility includes a store, state-of-the-art test kitchen and training facility, sales office, and warehouse. The new, larger facility will help support Singer’s continued growth in the greater Philadelphia marketplace as well as the growth of their national chain division.

This project included the replacement of a 78,000 sf roof and demolition to 5,000 sf of existing office space. New work included approximately 25,000 sf of office space, test kitchen, and retail store in addition to improvements within their 50,000 sf warehouse.

Philadelphia

Wilmington

Salisbury

Dunkin DonutsMid-Atlantic Distribution Center

Location: Logan Twp., NJ

Completed:February 1998

Value: $5,355,000

Square Feet: 132,000

Project Type: New Construction

Architect: Bernardon

HaberHolloway

Philadelphia

Wilmington

Salisbury

Subaru of AmericaOperations Center Renovation

Location: Pennsauken, NJ

Completed:July 2002

Value: $6,700,000

Square Feet: 65,000

Project Type:Renovation

Architect: Nelson Architects

Excellence in Construction,

ABC Delaware

Construction Excellence,

Delaware Contractors Association

Nason Construction has been working with Sallie Mae since 2008 on a series of multiple projects, such as:

Corporate Headquarters Fit-Out, Phases 1-7 In January 2011, Nason began a $10 million, 17 month fit-out of 150,000 sf; completed in seven phases, in an occupied building.

Exterior Façade Renovation In 2011, the award winning, $7.3 million Exterior Façade renovation commenced. The new, large windows not only make the building look inviting, but add an increase in natural light for guests and employees.

Landscaping & Pond Renovations In Spring 2013, Nason began the renovation of Sallie Mae’s employee common space, creating a new outdoor seating and dining area adjacent to their new cafeteria, and a serene pond with surrounding boardwalk for employees to enjoy.

Other projects include: Executive Office Suite renovations Reconfigure Open Floor Work Spaces Lobby renovations Cafeteria renovation & expansion Fitness Center renovation Elevator modernization Board Room & Conference Rooms Stair Tower renovations Parking Lot expansions Bathroom upgrades Mailroom renovations Credit Operations Center Office fit-out

and renovation

“We are extremely happy with our totally renovated space and it has made a huge

difference in our service to our customers.” - Paul Smith, Director of Facilities

Philadelphia

Wilmington

Salisbury

State of DelawareKent County Courthouse Complex

Nason Construction provided CM-At-Risk services for the construction of a new, three story, 150,000 square foot courthouse annex and a 50,000 square foot renovation to the existing 1874 historic Kent County

At-Risk project undertaken by the state. Work included historic preservation of the existing courthouse as well as the complete demolition of the neighboring Robert O’Brien Building.

The new, three-story, 150,000 square-foot facility features seven courtrooms, including hearing rooms, and an arraignment courtroom. The facility houses the Superior Court, Court of Common Pleas, Department of Corrections, Capitol Police, and probation

Location: Dover, DE

Completed:June 2013

(Renovation)June 2011 (Addition)

Value:$67,000,000

Square Feet:50,000 Renovation150,000 Addition

Project Type:New Construction

& Historic Renovation

Architect: Moeckel Carbonell& Ricci Greene Architects

Awards: 2011 Excellence in Construction fromAssociated Builders

& Contractors Delaware Chapter

and Delaware

Contractors Association

Nason Construction worked with the State to prequalify contractors with

such a complex project. Unique features

courtrooms, detention and holding cells with isolated elevators for prisoner transport, and high-tech security systems including closed circuit television, access controls, and comprehensive data and telecommunications systems.

The newly renovated historic building houses two courtrooms, the Chancery

and the Law Library.

WWilmington 3411 Silverside Rd, Tatnall Building

Suite 200 Wilmington, DE 19810

302-529-2800 T 302-397-2387 F

Salisbury 224 Phillip Morris Dr

Suite 400 Salisbury, MD 21801

410-749-5300 T 410-630-7221 F

Philadelphia The Navy Yard, Quarters M-3

4605 S Broad St Philadelphia, PA 19112

215-334-9400 T 215-689-0839 F