#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 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 effec 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 흩 Enhance Spectrum Expand Global Capabilities Reach N NEXTNAV#4Unique Spectrum Asset ● ● Spectrum Asset Overview Sole licensee of 8MHz of contiguous low band spectrum. Own 2.4 billion MHz pops covering ~93% of U.S. population. Asset sits in existing 3GPP bands for LTE and 5G spectrum. Facilitates integration into mobile handsets. Filed modification of experimental license to cover LTE/5G waveform testing. ● ● 900 MHz Broadband ● 902 US Location and Monitoring Services (LMS) Band 919.75 NextNav 8 MHz Contiguous 928 927.75 900 MHz Broadband Ⓡ N NEXTNAV freq (MHz) 3 0 C#5Synergistic Acquisition Enhances Geolocation Technology, Accelerates Business Roll Out and Optimizes Spectrum Assets Example of Potential Deployment: San Francisco Bay Area San Francisco San Francisco Bay Example TerraPoiNT deployment and coverage without Nestwave technology San Francisco For illustrative purposes only. San Francisco Bay Example TerraPoiNT deployment and coverage with Nestwave technology Expected to reduce the deployment of TerraPoiNT beacons needed for resilient PNT by leveraging thousands of existing LTE/5G beacons. ● ● ● Integration Progressing to Plan N NEXTNAV Completed full integration of engineering teams and operations at end of 2022. Current focus is on integration and implementation of overall technology. Expect initial implementations of combined technologies to be ready for internal testing in the second quarter of 2023. Full integration expected to be complete by year end 2023. 4#6Precision Z-Axis for Public Safety • Sonim's XP3plus flip phone, featuring NextNav's Pinnacle technology, now available to all Verizon and Verizon Frontline Customers. ● verizon sonim. ● First Tier One provider to launch with Pinnacle services for E911. Expect additional devices, including with other Tier One providers, to be enabled with our Pinnacle technology for E911 throughout the year. Public Safety Partners verizon FIRSTNET. Built with AT&T RapidSOS q VALOR SYSTEMS vitals Aware Services M motorola P Radio IP CENTRALSQUARE TECHNOLOGIES at&t GEOCOMM am CRG XRapidDeploy vôzsafe CONVEY911 NGA Next Generation Advanced TRX Qualcomm systems sonim. O N NEXTNAV#7Continued Momentum Towards PNT Resilience Executive Order 13905 - Calls for federal procurement to include resilient PNT systems. ● PNT classified as a cybersecurity vulnerability. ● Expect Order will be released in the coming months. Expect federal procurement to include PNT resilience. Enables access to cybersecurity funds through Infrastructure Investment and Jobs Act. Integration of LTE/5G technology will deliver clear acceleration of domestic deployment timeline for TerraPoiNT. KLM 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 C W MER 25 Curfor Fo 3198 8 O BL31 AMBULT N NEXTNAV MSC GÜLSÜN MSC 6#8Government Updates U.S. MENT CH HOMELAND ● ● OF SECURITY • NIST labels PNT as "cybersecurity vulnerability". NIST National Institute of Standards and Technology Enables cybersecurity funds in the Infrastructure Investment and Jobs Act to be made available for PNT resilience. Expect even greater interest and attention from cybersecurity leaders to understand, plan and manage PNT issues and identify workable solutions. UNITED ● DEPARTMENT TRANSPORTATION STATES OF AMERICA • In the 2023 budget, Congress appropriated $15MM to DoT for PNT resilience. NextNav continues active engagement with state and Federal agencies on PNT resilience. ● ● N NEXTNAV Currently using TerraPoiNT network to support CERTAIN program at Langley, VA, Research Center. ● NASA Recently selected to deliver PNT services for urban drone program at Ames Research Center in Mountain View, CA. TerraPoiNT network used to provide drone navigation, detection, and collision avoidance. ● Allowing for Beyond Visual Line of Sight testing for drones operating outside the visible range of a pilot. 7#9The NextNav Opportunity Set is Global JRC EUROPEAN COMMISSION Results from European Commission's Joint Research Centre's 2023 report. NextNav meets or exceeds all benchmarks to serve as resilient layer to existing GNSS. Recommends spectrum allocation for terrestrial PNT resilience. Recommends system of systems approach for PNT resilience to protect critical infrastructure. MetCom Following successful commercial launch of Pinnacle technology in Tokyo, Japan, now fielding significant interest from additional countries. N NEXTNAV NEXTNÁV#10N NEXTNAV Next Generation GPS is here.