Investor Presentaiton

Managing Unsecured Debt Maturities (par value, $ in billions) $1.8 $1.8 $1.5 $1.5 $1.5 $1.4 $1.4 • $0.7 On January 28, 2021, issued $500 million of unsecured debt due March 2028 $0.7 $0.6 $0.6 $0.5 $0.5 $1.1 $1.1 $0.2 $0.2 $0.0 $0.0 $0.0 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030+ ■As of December 31, 2019 ■As of December 31, 2020 Long-term Conservative Funding Approach Navient prioritizes continued access to the unsecured debt market as an important component in our capital structure We continue a conservative approach to unsecured debt Navient's total unsecured debt has declined $1.1 billion or 12%, since the year-ago quarter © 2021 Navient Solutions, LLC. All rights reserved. ||| 17

View entire presentation