OSP PM - OSP PM Zayo Employee Review

Transparency is monumentally important and Zayo is known for its transparency. The most obvious example is our earning supplement -- which provides great insights into our financial performance. We speak candidly about the implications of these numbers -- whether good, bad or neutral. We are also candid with our employees. We owe it to one another to be open, honest and transparent. We try to avoid sugarcoating or spinning messages. Through RAD sessions, town halls and all employee meetings, we seek feedback and, in most areas, we have shown our willingness to change and adapt. In some areas, certain employees have a difference of opinion that is more fundamental. E.g., some employees believe in across the board annual raises whereas we believe in merit compensation increases. Some people believe in bonuses and RSUs based solely on individual performance. We don’t. We believe we must deliver for our investor partners to earn the bonus pool. These are examples where employees might hear me say, “Zayo isn’t a fit for everyone. We are looking for partners who believe we should all share in the equity value we produce, and accept the risks and rewards of a performance based comp plan.” I hope this candor helps certain employees self-select into an environment they view as a better fit. The foundation of Zayo is our employees. They are skilled, resourceful, passionate and capable. They are winners, as evidenced by our results over the past 10 years.