© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO Yellow R= 255 G= 255 B= 0 Orange R= 244 G= 121 B= 32 Magenta R= 236 G= 0 B= 14- Red R= 237 G= 28 B= 36 Lt Green R= 141 G= 198 B= 63 Green R= 57 G= 181 B= 74 Cyan R= 0 G= 174 B= 239 Dk Blue R= 45 G= 49 B= 146 Yellow 2 R= 213 G= 206 B= 146 Orange 2 R= 203 G= 125 B= 101 Mag 2 R= 182 G= 114 B= 146 Red 2 R= 239 G= 63 B= 107 LG2 R= 156 G= 162 B=63 Green 2 R= 0 G= 137 B= 143 Cyan 2 R= 0 G= 182 B= 190 DB2 R= 0 G= 65 B= 89 COMSTAC Business / Legal Working Group Chris Kunstadter | XL Insurance | October 2012

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO Agenda  GSO forecast  CSLA indemnification extension – Greg Rasnake  FAA / NASA insurance task – Pam Underwood  Limitation of liability for spaceflight participants – Pam Melroy  GAO report on MPL methodology – Randy Repcheck

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO GSO Forecast  Hosting – Aerospace Corporation  Support – Tauri Group supported in 2012  Survey – Online for better response rate and ease of data collection and analysis  Participation – Encourage active input at meeting from launch providers and satellite manufacturers and operators

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO 2013 GSO Survey Questions  Organization name, country,  Organization role in satellite industry – operator, manufacturer, launcher  Ten-year forecast of satellites to be launched by all operators, by year and mass class  Ten-year forecast of satellites to be launched by your organization, by year and mass class  Effect of commercial, technical, financial and regulatory issues on your organization’s satellite plans  Most critical issue facing your organization when planning future satellites  Most useful information in the report  Suggestions for additional information in the report

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO Mass Classes Satellites launched through >5,400 kg 4,201-5,400 kg 2,501-4,200 kg <2,500 kg

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO Mass Classes Satellites to be launched 2013 to >5,400 kg 4,201-5,400 kg 2,501-4,200 kg <2,500 kg Soyuz ST Delta IV M Falcon 9 v1.1 Atlas V 401 Proton M / Breeze M Sea Launch Delta IV M+(4,2) Ariane 5 ECA Atlas V 431 Delta IV M+(5,4) = approximate mass capability to GTO

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO California Space Flight Liability Bill AB 2243, Knight. Space flight: Space Flight Liability and Immunity Act “WARNING AND ACKNOWLEDGMENT: I understand and acknowledge that, under California law, there is limited civil liability for bodily injury, including death, emotional injury, or property damage, sustained by a participant as a result of the inherent risks associated with space flight activities provided by a space flight entity. I have given my informed consent to participate in space flight activities after receiving a description of the inherent risks associated with space flight activities, as required by federal law pursuant to Section of Title 51 of the United States Code and Section of Title 14 of the Code of Federal Regulations. The consent that I have given acknowledges that the inherent risks associated with space flight activities include, but are not limited to, risk of bodily injury, including death, emotional injury, and property damage. I understand and acknowledge that I am participating in space flight activities at my own risk. I have been given the opportunity to consult with an attorney before signing this statement.”

© 2012, XL Group plc companies. All rights reserved. MAKE YOUR WORLD GO BLWG Observations, Findings and Recommendations  Observations   Findings   Recommendations 