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Application for Succession of Operators October 2017 <br /> Legacy Land Stewardship PBC <br /> Legacy Land Stewardship PBC (Legacy) is a Public Benefit Corporation formed <br /> exclusively for the ownership and long-term stewardship of environmentally-impacted <br /> properties. Legacy's goal is to provide a secure divestment solution to owners of surplus, <br /> environmentally-impacted real estate that responsibly and permanently delivers <br /> sustainable, long-term environmental stewardship, and to seek eco-friendly reuses for the <br /> public benefit. Legacy's offering a permanent option to owners of environmentally <br /> impaired real estate with little redevelopment value. <br /> Legacy provides a permanent solution for the reluctant owners of closed mining and milling <br /> sites, former industrial facilities, closed landfills, closed petroleum refining, storage and <br /> retail sites, discontinued power generation plants, and portfolios of non-producing assets. <br /> Legacy Land Stewardship provides a Transferring a property to Legacy Our unique solution helps our clients <br /> permanent solution for the reluctant Land Stewardship allows an owner of achieve all three"Triple Bottom Line" <br /> owners of: surplus properties to: corporate initiatives: <br /> • Closed mining and milling sites • Clean up its balance sheet • Social-it's good for the <br /> • Former industrial facilities • Eliminate recurring and indefinite community <br /> • Closed landfills yearly expenses ■ Environmental-it fulfills all <br /> • Closed petroleum refining, • Focus on profit generating regulatory obligations ano <br /> storage and retail sites aspects of its business supports eco-friendly reuses <br /> ■ Discontinued power generation • Shed environmental liability • Financial-it cleans up the <br /> plants • Focus internal resources on core balance sheet and reduces the <br /> • Designated wetlands and natural business activities long-term drag on earnings <br /> habitats • Benefit from positive socially <br /> • Portfolios of non-producing assets responsible and eco-friendiy <br /> public relations <br /> Legacy's core values include: <br /> • Transparency and accountability. We believe in open transactions and <br /> accountability toward our mission. We're proud of what we're doing, and happy <br /> give a look `behind the curtain.' <br /> • Liability Protection. At our core, Legacy Land Stewardship is in the business of <br /> meeting the ownership obligations and protecting the environmental risks of those <br /> who convey properties to us. <br /> • Integrity. Its trite, but we're looking for win-win transactions where corporations <br /> see true benefit from divesting surplus properties and Legacy Land Stewardship can <br /> fulfill its environmental stewardship mission. <br /> • Commitment to the Environment. With everything we do, Legacy Land <br /> Stewardship has unwavering commitment to the restoration of and protection of <br /> environmental resources. <br /> 26 <br />