BlackSky Investor Presentation Deck

181 % المة High Visibility Revenue High Margin Proprietary Imagery and Analytics Strong Operating Leverage Attractive Investment Economics Capital & Operationally Efficient Constellation BLACK SKY • Recurring subscription revenue; Multi-year take or pay contracts Land and expand strategy drives incremental growth from growing customer base ● • Unit economics of satellites yield high margin low-cost data ● • Upsell analytics delivered at high incremental margins ● Fixed operating costs provide significant leverage and scale High margin revenue expected to drive strong adjusted EBITDA margins • Low incremental costs to expand high margin data and analytic services BlackSky Proprietary ● ● Low-cost satellites benefit from longer life and reducing on orbit costs • Right sized constellation with just in time capacity strategy = efficient CAPEX Collect once sell many strategy yields compelling ROIC ● O BlackSky 2023. All rights reserved. Confidential & Proprietary. BlackSky Proprietary 20

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