#1N FR www I **** www www ww - 110 VEEN N Welcome to Next Generation GPS NEXTNAV KWEN MAY ***** ********* 日日日 8888 日日 ads 8#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 cause 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 Esymbols, 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 may be identified by the use of words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to NextNav's future prospects, developments and business strategies. In particular, such forward-looking statements include statements about NextNav's position to drive growth in its 3D geolocation business and expansion of its next generation GPS platform, the business plans, objectives, expectations and intentions of NextNav, NextNav's partnerships and the potential success thereof and NextNav's estimated and future business strategies, competitive position, industry environment and potential growth opportunities. These statements are based on NextNav's management's current expectations and beliefs, as well as a number of assumptions concerning future events. N NEXTNAV Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NextNav's control,that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to:, (1) the ability of NextNav to continue to gain traction in key markets and with notable platforms and partners, both within the U.S. and internationally; (2) the ability of NextNav to grow and manage growth profitably, maintain relationships with partners, customers and suppliers, including with respect to NextNav's Pinnacle 911 solution and its TerraPoiNT network, and the ability to retain its management and key employees; (3) the ability to maintain balance sheet flexibility and generate and effectively deploy capital in line with its business strategies; (4) the possibility that NextNav may be adversely affected by other economic, business and/or competitive factors (including the impacts of the ongoing COVID- 19 coronavirus pandemic); (5) other risks and uncertainties indicated from time to time in other documents filed with the Securities and Exchange Commission by NextNav. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward looking statements, which speak only as of the date made, and NextNav undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.#3● ● Pinnacle Service commercially available in the U.S. market and currently in use +4,400 cities Passive network, does not use spectrum assets 7 000 Floor 18 ● Eh TerraPoiNT ● LLLL Initial deployment in top 50 U.S. markets • Terrestrial version of GPS ● Independent agencies and groups consistently validating market leading accuracy and reliability Floor 18 Apt 1809 3 N#4● GPS Vulnerabilities Remain Top of Mind Protecting critical infrastructure and GPS systems are a key priority. U.S., Congress has allocated approximately $15 million dollars to the Department of Transportation in the recently passed budget bill for 2022. Additional funds of $157 million were allocated to DHS' R&D group for studying. different categories, including PNT resilience in the infrastructure bill. NextNav is fully engaged with efforts and assessments. NextNav participating in the European Commission's Joint Research Centre (JRC) alternative positioning, navigation, and timing evaluation in Ispra, Italy. Demo day being held May 18 th. Full report and results expected later summer. KLM 10:08 ← CAMP Uber Findlay Market ati Zoo 8 Botanical Garden OVER THE RHINE Cincinnat ewport Cincinnati Zoo & Botanical Garden WATIONS FONE END THE RE onservatory * 20 MIN Source: NextNav extrapolation of NIST sponsored study, conducted by RTI International. Dayton Taft Muse STAMP Worldwide Service world of c DINTO O Ⓡi 10 MGA VITVE this 17-8707 figo 3198 FA D BL31 AMBULA N NEXTNAV MSC GÜLSÜN 100 MSC 3#5Recent Marquee Strategic Partnerships CRG NGA Next Generation Advanced GEOCOMM echo3D widow games LAST MILE TECHNOLOGY ● ● ● ● ● ● ● NextNav is partnering with CRG, a provider of best-in-class indoor and tactical mapping solutions for public safety. Leveraging NextNav's Pinnacle technology, CRG will strengthen its mapping capabilities, which are relied upon by thousands of building owners and public safety agencies across the country. NextNav partnered with NGA 911, LLC (NGA) to provide actionable vertical location to its ever-growing public safety client base. Using the NGA- powered NGCS ESInet, agencies gain greater situational awareness and benefit from a common picture of Emergency Communication Centers in a single framework. NextNav announced a partnership with GeoComm one of the leaders in map data and location intelligence for Public Safety. Through the partnership, GeoComm will be able to convert position information and make it actionable - converting to street address, building, floor information making it more actionable. NextNav announced that it has partnered with echo3D, a cloud platform that is revolutionizing the way 3D, AR and VR content is stored and streamed to provide echo3D developers with the crucial 3D location data needed to build immersive AR and VR content built on top of the physical world. NextNav partnered with Widow Games to bring NextNav's 3D geolocation capabilities to their applications, enabling more immersive virtual experiences tied to the real environments of users, and leveraging location verification to validate transactions and interactions in the metaverse. NextNav is partnering with Last Mile Technology, ovider of proprietary asset movement and sensor event analys services, to enhance vertical location capabilities of their asset tracking solutions. With vertical location intelligence powered by NextNav's Pinnacle service, Last Mile's Multi-function Asset Tracker can now report precise 3D geolocation data of any asset via API, web, or mobile applications. N NEXTNAV#6Deep customer a cross verticals Mission-critical public sa fety and E9 11 TRX systems EN IS PARA EDICS FIRSTNET™ Built with AT&T CIAN at&t 3 Qualcomm NGA ERGENCY (P) Top Wireless Carrier motorola sonim. Next Generation Advanced GEOCOMM & partner relationships signed to date Mass market, mobile apps, gaming and data analytics aws partner network unity BOSCH Invented for life WHERE RE www. ATLAS EARTH REALITY INFILLION u KNOW BEYOND TDK InvenSense UNREAL ENGINE echo3D widow games Critical infrastructure, transportation and international DEPARTMENT OF TRANSPO UNITED STATE PORTATION AMERICA MetCom N NEXTNAV SELAND EUROPEAN COMMISSION ENT OF SECURITY NASA 39 JRC LAST TILE TECHNOLOGY 5#7Spectrum license at core of competitive advantage ● Ⓡ 900 MHz Broadband 902 US Location and Monitoring Services (LMS) Band 919.75 Next Na v 8 MHz Contiguous 928 927.75 900 MHz Broadband Virtually nationwide, covering 93% of US population So le commercial licensee / operator in LMS band Generous power limits Leverages cellular band 8 RF in devices Scarce low-band spectrum N NEXTNAV fre q (MHz) 6#8● ● ● The Next Na v opportunity set is global Target developed markets with similar characteristics to the US Joint venture with Metcom (Sony and Kyocera) to deliver NextNav services in Japan Metcom trialing with several key providers SECOM, NEC etc. European Commission's JRC alternative positioning, navigation, and timing evaluation in Italy MetCom JRC EUROPEAN COMMISSION SONY O vodafone SoftBank KYOCERA T ✩ TELUS Deutsche Telekom NextNav Showcases APNT Backup to GNSS at European Commission's Joint Research Centre's Trial Gillian Smith Published Feb 1, 2022 SUNNYVALE, Calif., Feb. 01, 2022 - NextNav (Nasdaq: NN) today announced that it has recently participated in the European Commission's Joint Research Centre (JRC) alternative positioning, navigation, and timing (APNT) evaluation in Ispra, Italy. According to the JRC, the trial is analyzing the technologies "which could deliver positioning, and/or timing information, independently from GNSS, to be effective backup in the event of GNSS disruption, and if possible to be able to provide PNT in the environments where GNSS cannot be delivered." The test furthers the European Union's creation of a backup to the Global Navigation Satellite System (GNSS), such as Galileo or GPS, and is intended to assess which technologies could strengthen and expand the European PNT capacity. GLOBAL ECONOMY would be impacted from any disruption to GPS N NEXTNAV#9Balance Sheet Numbers ($thousands) Cash, cash equivalents, and restricted cash Accounts receivable Other current assets Total current assets Fixed assets and intangibles, net Right of use assets - operating Other non-current assets Total non-current assets Total Assets Accounts Short term lease liabilities - Operating Deferred revenue Total current liabilities accrued, and other current liabilities Warrants Long term lease liabilities - Operating Other long-term liabilities Total non-current liabilities Total Liabilities Equity Total Liabilities and Equity As of March 31, As of December 31, 2022 93,781 37 2,907 96,725 25,909 12,464 1,040 39,413 136,138 5,520 3,121 469 9,110 22,488 6,626 976 30,090 39,200 96,938 136,138 2021 100,076 1,740 4,516 106,332 26,346 4,145 30,491 136,823 5,048 1,632 6,680 28,875 1,311 30,186 36,866 99,957 136,823 Change (6,295) (1,703) (1,609) (9,607) (437) 12,464 (3,105) 8,922 (685) 472 3,121 (1,163) 2,430 (6,387) 6,626 (335) (96) 2,334 (3,019) (685) N NEXTNAV#10N NEXTNAV Next Generation GPS is here.