#1ww **IN AN IN N NEXTNAV HUNE MIRIA BALERO BA Welcome to Next Generation GPS LENTE ***** BBBB 8 E POE EE In#2Disclaimer Industry and Market Information Information contained in this Presentation concerning NextNav's industry and the markets in which it operates, including NextNav's general expectations and market position, market opportunity and market size, is based on information from NextNav's management's estimates and research, as well as from industry and general publications and research, surveys and studies conducted by third parties. In some cases, we may not expressly refer to the sources from which this information is derived. Management estimates are derived from industry and general publications and research, surveys and studies conducted by third parties and NextNav's knowledge of its industry and assumptions based on such information and knowledge, which we believe to be reasonable. In addition, assumptions and estimates of NextNav's and its industry's future performance are necessarily subject to a high degree of uncertainty and risk due to a variety of factors. These and other factors could caus NextNav's future performance and actual market growth, opportunity and size and the like to differ materially from our assumptions and estimates. Trademarks All rights to the trademarks, copyrights, logos and other intellectual property listed herein belong to their respective owners and NextNav's use thereof does not imply an affiliation with, or endorsement by the owners of such trademarks, copyrights, logos and other intellectual property. Solely for convenience, trademarks and trade names referred to in this Presentation may not appear with the or symbols, but such references are not intended to indicate, in any way, that NextNav will not assert, to the fullest extent under applicable law, its rights or the right of the applicable licensor to these trademarks, service marks and trade names. Forward-Looking Statements This Presentation and any oral statements made regarding the subject of this Presentation include "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our management team's expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. The words "may," "anticipate," "believe," "expect," "intend," "might," "plan," "possible," "potential," "aim," "strive," "predict," "project," "should," "could," "would," "will" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward- looking. These statements may relate to, but are not limited to: expectations regarding our strategies and future financial performance, including future business plans or objectives, expected functionality of our geolocation services, anticipated timing and level of deployment of our services, anticipated demand and acceptance of our services, prospective performance and commercial opportunities and competitors, the timing of obtaining regulatory approvals commercial partnership acquisition and retention, products and services, pricing, marketing plans; our ability to realize the anticipated technical and business benefits associated acquisitions, N NEXTNAV and any subsequent mergers, acquisitions, or other similar transactions; factors relating to our future operations, projected capital resources and financial position, estimated revenue and losses, projected costs and capital expenditures, and expectations about international markets; projections of market growth and size, including the level of market acceptance for our services; our ability to adequately protect key intellectual property rights or proprietary technology; our ability to maintain our Location and Monitoring Service ("LMS") licenses and obtain additional LMS licenses as necessary; our ability to maintain adequate operational financial resources, including for research and development, or raise additional capital or generate sufficient cash flows; our ability to develop and maintain effective internal controls; our success in recruiting and/or retaining officers, key employees or directors; expansion plans and opportunities; costs related to being a public company; our ability to maintain the listing of our securities on Nasdaq; macroeconomic factors and their effects on our operations; and the outcome of any known and unknown litigation and regulatory proceedings, as well as assumptions relating to the foregoing. Accordingly, forward-looking statements should not be relied upon as representing our views of any subsequent date, and we do not undertake any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.#3Strategic Priorities "A") Be the Leader in Resilient PNT 흩 Enhance Spectrum Expand Global Capabilities Reach N NEXTNAV#4Deploys 5G Test Network in Palo Alto, CA ● ● 900 MHz Broadband ● 902 US Location and Monitoring Services (LMS) Band 919.75 NextNav NextNav has a contiguous 8 megahertz of valuable low band spectrum covering 2.4 billion MHz-PoPs of 900 MHz spectrum 8 MHz Contiguous 927.75 Following receipt of experimental license from FCC in Q2'23, NextNav has deployed a 5G waveform on a Terra PoiNT network in Palo Alto, California. 928 Now beginning formal testing process to demonstrate the ability to provide resilient PNT services combined with 5G broadband data. Expects to largely complete formal testing by year end. 0 900 MHz Broadband N NEXTNAV freq (MHz) •#5Continued Momentum Towards PNT Resilience NextNav Signs Contract in Support of Federal Government's Resilient GPS/PNT Efforts. Leverages Next Nav's infrastructure to provide persistent PNT characterization in select U.S. markets. Potential to expand capabilities nationwide upon completing initial implementation. September 2023: DOT issues complementary PNT action plan. ● Includes key milestones and forthcoming RFPs that will begin process of implementing 'Complementary' PNT Solution alongside existing GNSS/GPS based solutions in end systems. KLM DOT to establish a PNT Services Clearinghouse, or marketplace, to connect Federal users with vetted list of qualified complementary PNT providers. Ensures seamless transition to a resilient and complementary PNT world. 10:08 %D Uber Indlay Market otanical Garden Cincinnati Zoo & Botanical Garden OVER THE RHINE Cincinnat AUTO Newport Aquar € 20 MIN OLARTE Dayton Taft Muse Worldwide Service ONE OO MGO C W 1010 D MER Feso 8 3198 (10) BL31 AMBULT N NEXTNAV MSC GÜLSÜN MSC 4#6DOT Complementary PNT Action Plan Preliminary milestones and functional activities associated with implementing the action plan FY and Qtr NON M 2 2 3 NON+ 2 2 4 2025 2926 Q1 Q3 Q4 Q1 Q3 Q4 Q3 Q4 Q3 Q4 Stakeholder Engagement Review & publish action plan Follow-up stakeholder activity Follow-up stakeholder activity Standards and Specifications Engage and coordinate with standards bodies LINE OF EFFORT Field Trial and Test Range Acquisitions of sites/services Rapid Phase Testing (initial testing) Continuity Phase Testing (stress and vulnerability) Identify and select sites; design and build reference Gap Analysis (of CPNT services against stringent requirements) Source: https://www.transportation.gov/sites/dot.gov/files/2023-09/DOT%20Complementary%20PNT%20Action%20Plan_Final.pdf PNT Services Clearinghouse Establish CPNT services Develop acquisition strategy for CPNT service Procure CPNT service contracts (Phase 1) Procure CPNT service contracts (Phase 2) N NEXTNAV OA Acquisitions Support Identify OA-specific requirements for CPNT services Assist OAs as necessary to identify, evaluate, and acquire CPNT services 5#7Precision Z-Axis for Public Safety and E911 Pinnacle-Enabled Devices Now Contracted Across Five Wireless Carriers ● Consumer Cellular Announces agreement with a new device available through Consumer Cellular, one of the largest MVNOs in the country. verizon✓ Continuing to expand integration of Pinnacle service across portfolio of Verizon devices. Expect to reach double digit device models with Verizon in the coming months. Public Safety Partners FIRSTNETTM Built with AT&T at&t verizon✓ Radio IP GEOCOMM NGA ARG RapidSOS q XRapidDeploy vitals Services Aware Next Generation Advanced motorola Consumer CENTRALSQUARE Cellular TECHNOLOGIES Bodytrak CONVEY911 KYOCERA 3 Vizsafe VALOR SYSTEMS am CRG TRX Qualcomm systems sonim N NEXTNAV#8International Developments Japan ● Japanese MIC (Ministry of Internal Affairs & Communications) is going through a public comment period on the spectrum ● Europe Process likely to be followed by ICC (Information and Communications Council) review European Commission including PNT as a critical technology as part of it's 'Recommendations on Critical Technology areas' for EU's economic security ● Now moving to consultation phase with member states before moving to European Union legislation phase United Kingdom British Government recently released PNT Policy Framework and plan focused on PNT Resilience N NEXTNAV N NEXTNÁV#9Investment highlights Next Generation GPS solution will sit at the core of the app economy Robust Balance Sheet Recently bolstered by $70 million financing in 2Q/3Q 2023, multiple years of runway >$100 Billion total addressable market N NEXTNAV 0 Deep Asset Base IP, spectrum and deployed networks Global Opportunity European actions, and service live in Japan Growing list of Blue-chip customers including AT&T, Verizon and NASA World class management, board, and shareholders with leaders in wireless and location services N NEXTNAV#10N NEXTNAV Next Generation GPS is here.