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Moving Mountains Year-Round Mountain and Snowsports Resorts in Major Market Destinations South County Federation - Fairfax Peak Project | 16 February 2021 1

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Moving MountainsYear-Round Mountain and SnowsportsResorts in Major Market Destinations

South County Federation - Fairfax Peak Project | 16 February 2021

1

Agenda

What is Fairfax Peak? Commitment to Our Community Our Team

2

Fairfax Peak Family-friendly recreation and

entertainment resort complex Innovative re-use of landfill Appeal to whole community Year-round access

4

Yes! Real Snow Indoors!

Resort Highlights Clean, safe, family fun for any skill

level Mix of snow/mountain, water, and

other entertainment attractions ~1,700 ft. long slope and ~300 ft.

vertical drop Snowsports camps and teams Consistent snow conditions Competitive snowsports events

5

Snowsports for Everyone Inclusive destination for the entire community Low- and no-skill activities, as well as free and low-cost

activities Unique educational opportunities Variable pricing to make facilities accessible to a wider

range of people Sponsorships and discounted rates for schools and

teams Explore public transportation options

6

Fairfax Peak – Status Updates Initial Agreement Executed with

Fairfax County Due Diligence Underway

Studies on the landfill Engineering analysis Environmental studies Transportation studies Surveys

7

Settlement Plates on Landfill

Current Estimated Timeline

8

Initial Agreement Executed with Fairfax County in November 2020

2020

Finalize Due Diligence and Create Initial Plans

2021

Submit Zoning Package

2021

Zoning Review and Public Hearings

2022

Building Permits Issued

2023

Start Construction

2023

Opening of Alpine-X at Fairfax Peak

2024/2025

Environmental – Power and Energy Utilize renewable energy Goal of 100% onsite production for

snow dome Indoor snow dome is inherently

efficient by design State-of-the-art technology for energy

efficiency

9

Environmental – Water & Wastewater Water used for snowmaking will

be filtered and reused Water capture/reuse initiatives

and environmental engineering to mitigate run-off from development

Utilization of technologies both inside and outside of facility for water conservation and water protection

Plant local, native flora outside of facility

10

Famartin, CC BY-SA 4.0, via Wikimedia Commons

Traffic Impacts Traffic studies to be conducted Multiple ingress/egress points Expect wide distribution of visitor

arrivals due to operating model

11

Job Creation and Opportunities Between 300 and 500 permanent, year-round jobs in an

upbeat and fun environment Hire inclusively and ensure employment opportunities for

the entire community Every team member is integral to our guests’ experience Our team will be staffed locally Provide a competitive wage and range of benefits Provide training, including leadership and development Our team members will be actively involved with the local

community

12

There’s No Place We’d Rather Be

Recreational to competitive snowsportsminutes from home

Fun, healthy, family-focused addition to our community

13

Email us at: [email protected]

www.alpine-x.com