Robert Adams – Consultant

Prior to graduation at Arizona State University, in 1960 Robert Adams was introduced to the real
estate development world while employed as a “Runner” by L. C. Jacobsen, President of Del
Webb Corporation. From the original design of the conceptual Master Land Use Plan, he was
educated in all development phases starting with the “team formation”, design process,
entitlements, governmental approvals, plan generation, construction, advertising and marketing
for the original “Grand Opening of Sun City, Arizona”.

Mr. Adams started his personal real estate development career as a land developer in Las Vegas,
Nevada at the urging of L. C. Jacobsen who believed that Las Vegas had a magnificent real
estate development future. As a principal, he was involved with many Las Vegas real estate
developments including the land acquisition, planning, entitlements, governmental approvals,
design and plan generation and construction of residential projects along with the land
acquisition, planning, approvals and development of the Sahara Golf Course owned by Del
Webb Corporation.

In 1966, Mr. Adams relocated to Corona del Mar, California. As a principal, he developed the
following properties: Lake Arrowhead Golf Course, Paso Robles Golf Course, Lake Sammamish
Country Club, and The Farms along with master land use plans and numerous projects for
residential, apartments, condos, industrial and a L.A. Airport Hotel for American Airlines-Sky

Mr. Adams was the first joint venture partner with Glendale Federal Savings & Loan. Over the
years from 1974-1987, they developed many residential projects in California and Arizona.
Public Company’s-Board of Directors, member: Airport Property Investors, CA (Founder);
Dunoco Corporation, Texas; BluePoint Energy, Nevada (Founder); Desert Sun Bank, Arizona
(Founder & Chairman of the Board) and Torrey Pines Bank, CA. (Founder).

Privately owned companies, Board of Directors, member: Albert Lea Freezer Warehouses.
Founded in 1878, Minnesota’s-Largest privately owned freezer warehouses; Navajo Shippers-
Freight Lines, Colorado, 3rd largest privately owned U.S. truck line and Straub Distributing
Company, California; 4th largest U.S. Anheuser Bush distributor.

Mr. Adams provides a diverse, knowledgeable and experienced business background to the
company because of his vast business and diversified real estate development career.