#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 Next Nav'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 ™ 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 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 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 Next Nav. 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.#3Strategic Priorities (A) Be the Leader in Resilient PNT ||| Optimize the Full Value of Our Spectrum Expand Global Reach N NEXTNAV#4Strategic Rationale ||| (2) Optimizes Spectrum Decreases Capital Requirements Accelerates Resilient PNT Availability Worldwide Increases Global IP Portfolio Improves European Presence nestwave Optimizes NextNav underlying 900 MHz spectrum asset (2.4B MHz-Pops nationwide), freeing spectrum and data capacity through Nestwave's LTE/5G leading IP and Software. Leverages existing LTE/5G networks to reduce TerraPoiNT CapEx deployment costs by approximately 75% ($250M reduction), with commensurate reduction in associated network OpEx costs. Accelerates deployment of near-nationwide (U.S.) and global resilient Positioning Navigation and Timing ("PNT") capability by integrating existing LTE/5G signals into NextNav's TerraPoiNT system. Expands the combined companies' leading IP portfolio, adding Nestwave's portfolio of geolocation patents to NextNav's 130+ existing patents. Improves NextNav's global market presence through Nestwave's long-standing French-based operations and EU relationships. N NEXTNAV 3#5Example of Potential Deployment: San Francisco Bay Area We can potentially dramatically reduce the deployment of TerraPoiNT beacons needed for resilient PNT by leveraging thousands of existing LTE/5G beacons. San Francisco For illustrative purposes only. O San Francisco Bay O O O Example TerraPoiNT deployment and coverage without Nestwave technology San Francisco San Francisco Bay O N NEXTNAV Example TerraPoiNT deployment and coverage with Nestwave technology 4#6Accelerated Market Expansion Transaction Brings Resilient PNT system to Market Faster and with Reduced Deployment and Operating Costs ● ● Combined Nestwave and NextNav technology is expected to provide enormous flexibility in future deployments. NextNav believes full, resilient PNT services across the United States can now be achieved at a fraction of the prior estimated TerraPoiNT deployment costs. ~75% Expected Reduction in deployment costs domestically NextNav and Nestwave compatibility with LTE/5G systems lowers barriers to adoption by LTE/5G handsets and devices going forward, including through a software upgrade. N NEXTNAV 5#7Continued Momentum Towards PNT Resilience Executive Order 13905 - Calls for federal procurement to include resilient PNT systems. Anticipate Order will be released in Spring of 2023. After completing inter-agency review, the order is expected to direct key federal agencies to begin including PNT resilience requirements in their procurements. This enables tapping into Infrastructure Investment and Jobs Act funds for state and local governments for enabling PNT resiliency. Integration of LTE/5G with our TerraPoiNT service will deliver clear acceleration of original domestic deployment timeline for TerraPoiNT domestically. KLM Positions NextNav to respond to RFP procurements within expected implementation timeframes. 10:08 %D Uber Indlay Market OVER THE RHINE otanical Garden Cincinnati Zoo & Botanical Garden Cincinnat Newport Aqua € 20 MIN OLARTE Dayton Taft Muse Source: Next Nav extrapolation of NIST sponsored study, conducted by RTI International. Worldwide Service ONE OO 1010 D MGO RE C W MER 3198 8 O BL31 AMBULT N NEXTNAV MSC GÜLSÜN MSC 6#8Precision Z-Axis for Public Safety ● In Q1 2022, NextNav announced an agreement with one of the nation's largest wireless carriers for e911. Expect them to formally launch Pinnacle 911 in Q4 2022. NextNav technology proven to exceed FCC's e911 vertical location accuracy requirement FIRSTNET. Built with AT&T Rapid SOS q VALOR SYSTEMS CENTRALSQUARE TECHNOLOGIES P Top Wireless Carrier vôzsafe vitals Arvices NGA 3 Next Generation Advanced motorola *Source: NENA. sonim. TRX systems at&t GEOCOMM XRapidDeploy CONVEY911 Qualcomm Altit JP 33 I 30 27 24 21 18 15 12 9 6 3 CA WAT Meter Feet Join a group ? " 1 Market Street, San Francisca O 2D N NEXTNAV 7#9● ● The NextNav opportunity set is global On November 9, 2022, MetCom celebrated Pinnacle system's Tokyo commercial launch on Japan's National Firefighters Day. First large-scale Pinnacle commercial deployment outside of U.S. Leverages combined companies' deep history and management expertise in globalization of wireless industry standards and technologies. MetCom JRC EUROPEAN COMMISSION SONY KYOCERA E MetCom a UbiquitousLocation 聖路加ガーデンタワー 11F 状態 昇りエレベーター HAE: 86.55 HAT: 43.94 Code: 830 キャリブレーション 屋内地図切り替え 軌跡消去 41.52 MS 35 FPS CESIUM エレベータ 8Fまで上します -b058-4d900eec11b0 東京タワー メインデッキ1匹 地上高: 122.46m : 177.56m 通常 830 CALIB F-CALIB 移動: CODE: 屋内地図切り替え 軌跡消去 東京タワー通り di WH120 START CRE on ope 12 ad N NEXTNAV#10N NEXTNAV Next Generation GPS is here.