Federated Wireless Unlocking a Spectrum of Possibilities Todd Gore VP Sales © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018

Shared Spectrum is the Future Traditional Wireless Exclusive Use High cost Inefficient Licensed Wi-Fi Congested Unpredictable Can’t keep up Unlicensed Shared Spectrum Best of both worlds Low fixed cost High quality Efficiency and scale Federated Wireless is leading the development of Shared Spectrum technology and solutions © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018

3.5 GHz CBRS Framework 1 Incumbent 2 Priority Access 3 Spectrum Access System (SAS) General Authorized Innovative Sharing Model 150 MHz of shared spectrum creates new data lanes on-demand Allows commercial use of spectrum without expensive, time consuming changes to DoD systems At least 80 MHz of spectrum always available for GAA use – allowing innovation to occur © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018

Federated Wireless Technology Detects Incumbent usage and securely protects priority access Dynamically allocates surplus (~97%) for commercial use Predicts RF propagation in real time Provides interference protection based on aggregate effects Employs sensing for closed loop management Cloud-based for scale, extensibility, and efficiency Federated Wireless’ Spectrum Controller is the only commercially available product © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018

Partner Program Required to Enable Ecosystem Partner Relations Team Automated web-based tool Reduce cost of interoperability Speed time-to-market Platform for innovation Another Federated Wireless industry first © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018

Pioneering Shared Spectrum Technology HQ in Arlington, engineering center in Boston, executive office in Silicon Valley Founded in 2012, nearly $34M invested to date, raised $42m Series B funding Strong IP developed by founding technologists from Hume Center, Wireless@VT at Virginia Tech, DoD and DARPA Leader in SW solutions to enable a revolutionary shared spectrum paradigm Unique cloud-based solution that dynamically allocates spectrum on demand Founder and co-chair WInnForum Spectrum Sharing Committee, Co-founder and Board member CBRS Alliance © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018 Execute Execute

Thank you © Federated Wireless, Inc. Confidential and Proprietary, All Rights Reserved 2018