North Olympic peninsula Broadband Symposium Confidential & Proprietary Property of Magellan Advisors North Olympic peninsula Broadband Symposium 6/16/2019 What Assets Already Exists

What Middle Mile Broadband Already Exists? Panel Discussion Moderator – Randy Trost, Magellan Advisors Chris Black – CenturyLink Claire Ward – NoaNet Steve Schopfer – Clallum PUD Kevin Street – Jefferson PUD Jeff Stoner – Wave Broadband Confidential & Proprietary Property of Magellan Advisors 6/16/2019

What Assets Already Exist? Middle mile/long haul broadband availability: Satellite Copper Cable Fiber Microwave What is so important about middle mile? Confidential & Proprietary Property of Magellan Advisors 6/16/2019

Challenges To Middle Mile ROI Considerations Rural vs Suburban Build Costs Construction Buried Aerial Undersea Bridge Crossings Terrain Permits Rights-of-way Customer Base Confidential & Proprietary Property of Magellan Advisors 6/16/2019

CenturyLink Chris Black Confidential & Proprietary Property of Magellan Advisors 6/16/2019

Getting Connected: NoaNet’s Background and Vision for Broadband Deployment in Washington State March 18th, 2019| North Olympic Peninsula Broadband Symposium Claire Ward Marketing and Communications Manager cward@noanet.net (816) 519-2370

WHO are we NoaNet is a Non-profit Municipal Corporation serving Washington State RCW Chapter 24.06 Our Owner-Members are Public Entities 9 Public Utility Districts and one Joint Operating Agency Serving the public is at the core of everything we do Member Representatives from each Owner form Board of Directors We consist of 61 employees located throughout PNW Lean, mean broadband-deploying machine Headquarters in Gig Harbor, WA Network Operations Center in Spokane, WA

WHAT we are made of NoaNet has over 3,300 miles of fiber in the State of Washington Long haul, middle mile and local loop We started 20 years ago with 4 OC-48’s of capacity, we are now an 80 channel multi-gig transport network ranging from 10G, 40G and up to 100G. MPLS Core. 26 Core Network Points of Presence, many intermediate aggregation sites, and 3,500+ end points NoaNet has Multi-platform Internet, Ethernet, Data Center, VOIP, Access and Surveillance, and OTT product offerings. We also offer professional services. A la cart model to serve the unique needs of each community Always looking to the horizon. What’s next?

Network Map

WHY do we do this NoaNet’s Mission Statement Leverage relationships and resources to develop and operate a world class open access information platform and network that enhances people’s lives and business opportunities in the State of Washington and facilitates member utility operations NoaNet’s Vision To support the needs of Federal, State and Local Governments to bring ubiquitous access to quality services Bring access to anchor institutions: Schools, Hospitals, Libraries and Businesses Investment in the economic vitality of all communities in Washington through fiscally-sound build-out planning Increase competition to encourage best value in rural broadband market

HOW does the future look? Broadband development strategies Public Safety Network for the Washington State 911 Coordination Office State Enhanced 911 Service Modernize the Network Enhanced Geo-Diversity Comprehensive Emergency Management Broadband Network Department of Defense FirstNet Early Earthquake Warning Smart Hub projects for schools and hospitals Regionalization The Road to Broadband Strategies to support and promote public benefit networks

Thank you. Claire Ward Marketing and Communications Manager cward@noanet.net (816) 519-2370

Clallum PUD Steve Schopfer Confidential & Proprietary Property of Magellan Advisors 6/16/2019

Jefferson County PUD Kevin Streett Confidential & Proprietary Property of Magellan Advisors 6/16/2019

Jeff Stoner, Strategic Account Executive Government & Strategic Accounts 401 Parkplace Center, Suite 100 Kirkland, WA 98003 Voice: (360) 914-4541 E-mail: jstoner@wavebusiness.com 6/16/2019

6/16/2019

Combining in 2018 to form the Nations 6th largest provider Delivers superior communications performance to businesses in the Boston, Chicago, Philadelphia, Lehigh Valley (PA), New York City, and Washington, D.C. areas. In fact, RCN Business was among the first carriers in the U.S. to receive the Metro Ethernet Forum’s CE 2.0 certification for the E-Line, E-LAN, and E-Access categories. Grande Communications is a Texas-based broadband communications company that offers a full suite of Internet, TV and phone services for residential and business customers. Like the Texans we serve, we're proud of our independent, 'can-do' attitude that has enabled us to serve over 160,000 customers in communities big and small across Texas. 6/16/2019

Wave’s Product Set 6/16/2019

Confidential content. For internal use only. Voice : PRI, SIP, Analog, VOIP Confidential content. For internal use only.

Fiber Transport VXC Connecting between data centers Competitive rates 1Gb or 10Gb We can also connect to our cloud partners at a variety of speeds

Wave Fiber & Coax Network – North Olympic Peninsula 6/16/2019

Questions? Confidential & Proprietary Property of Magellan Advisors 6/16/2019