Laguna-LBNO-Pilot Implementation Model for an underground science infrastructure at Pyhäsalmi ECONOMIC REALIZATION PLAN FOR THE INFRASTRUCTURE DEVECON GROUP LTD DR ENG ARI TUUTTI TEL:

Laguna Proto (= DEMO)CERN WA105 project 44 M€ Laguna PilotFar and deep enough 43,3…71,7 M€ Laguna Total ExperimentTo be settled in tested locationnot determined yet Laguna-LBNO-Pilot Finland Pyhäsalmi Laguna-LBNO- experiment

Laguna-LBNO-Pilot elements: 2,4 kT LAr4,8 kT LAr 1.Infrastructure (Site preparations) 9,6 M€ 9,6 M€ 2.Experiment 25,9 M€ 48,8 M€ 3.Liquid 3,3 M€ 6,6 M€ 4.Contingency 4,5 M€ 6,7 M€ Total 43,3 M€ 71,7 M€ Laguna-LBNO-Pilot Finland Pyhäsalmi 1. A Start-Up

2. Chart of mining area Synergies/ Contradictions Full scale Laguna station Research Facility Services Visitor Services on the ground Underground greenhouse services Pump power station Chart for different future activities in the mining district area: Mining district 350 ha Basins 110 ha Laguna- LBNO- Pilot ”The first rules” Laguna has a window open.

3. What is needed? In addition to technical experiment demands -Space for the Laguna-LBNO-Pilot including Infrastructure -Infrastructure facilities (road to depth, connections, ventilation, electricity, elevator, drainage,…) -Underground Researcher facilities (restaurant, data/tele connections, desk study rooms,…) -Safety (emergency exits, checked systems, security chamber,…) Laguna-LBNO-Pilot Finland Pyhäsalmi

4. Who takes care ? - Technical demands and experiment: The Experiment team - Other facilities: Mining company and Real Estate Company (Pyhäsalmen Kvanttikiinteistöt Oy – Pyhäsalmi Quantum Real Estates Ltd) Laguna-LBNO-Pilot Finland Pyhäsalmi Pyhäsalmi Mining Company Pyhäsalmi Quantum Real Estates Ltd (PQRE)

5. To get started Laguna-LBNO-Pilot Space realization starts with five contracts: A.Space contract between Pyhäsalmi Mine Ltd and PQRE - Done B.Contract of infrastructure services between Pyhäsalmi Mine Ltd and PQRE (all together app. 1M€/annum). - Negotiated C.Contract of space excavations between PRQE and excavating contractor. – Evaluated D.Capital/finance agreement for space investment by PQRE E.Operator agreement between experiment users and PQRE Laguna-LBNO-Pilot Finland Pyhäsalmi

Rent of the rock space required Payment of facility services Synergies Contradictions Agreement on environmental responses Risk management Alternatives for ownership Partnerships agreements International scientific organisations Enterprises Mining company Finance for investment Facility User expenses Cost frame for space 6. Model for realization of the space for Laguna-LBNO Establishment of real estate company PQRE 2.Finance for real estate company 3.Agreement of using mine 4.Agreements of using space by scientific groups straight/through Laguna Foundation 5.Space excavation agreement 6.Contract of facility services 7.Processing environmental responses 8.Synergy / List for contradictions 9.Laguna consortium contracts 6. Scientific Laguna Foundation 4. Other future users of mining area 5. Loans Capital Real estate company – owner and operator of the space Program finance ? 9. ?

7. Real Estate Company o perative and finance plan Finance is needed for a)Investments -Laguna LBNO Pilot Infrastructure -Other operative space requirements -Laguna Total Experiment Infrastructure b) Operating the company -Pure administrations €/year -Preparative actions for Total experiment Laguna €/year -Sales and Marketing to get other users for mine premises > €/year Future operative income Facility services New mine premise user fees Spatial rents Programm finance Investors/ Credit Guarantee = Foundation contracts Seed capital equity €/annum Investment finance % % % Investment 10 M€, 30 years payback, 5,0 % interest €/v Investment 10 M€, 30 years payback, 2,5 % interest €/v €/annum €/annum

Laguna Foundation Pyhäsalmi Quantum Real Estate Company Laguna-LBNO-Pilot space + infrastructure International LBNO- organisations City of Pyhäjärvi University Properties of Finland Ltd Instruments, liquid and tank, detectors Laguna-LBNO-Pilot Finland Pyhäsalmi 8. FINANCE 3,5- 8,5 1,0 10,0 40,0 0,5 Pyhäsalmi Mine Ltd 0,60 p.a. M€ Other sources 0- 5,0

9. Licensing 6.1 To build Laguna-LBNO-Pilot space and infrastructure – Finnish Law of Mining 6.2 To set up Laguna-LBNO-Pilot experiment – Statement from STUK 6.3 To build up Laguna-Total Experiment space and infrastructure – Underground City plan process to be started 6.4 To set up Laguna-Total Experiment – Environmental Impact assessment to be done Laguna-LBNO-Pilot Finland Pyhäsalmi

Summary of preparations 1. The main local actor, PQRE established 2. Contracts with mine negotiated (space and facilities) 3. Local infrastructure investment calculated and seed finance gathered 4. University Properties of Finland (SYK) considers to be involved 5. License for Laguna-LBNO-Pilot construction works exists 6. Administrative licenses for Laguna-LBNO-Pilot exists 7. Laguna Foundation is needed 8. Contract between Laguna Foundation and PQRE is needed 9. Investment Capital for PQRE to be paid (all terms realized) 10. Preparative operations continue by PQRE and by all Experiment team Laguna-LBNO-Pilot Finland Pyhäsalmi