Airspan Networks — Q2 2022 Earnings Presentation
15 slides from Airspan Networks's earnings presentation, Aug 10, 2022
Slide 1: Investor Presentation: 2Q 2022 Earnings
Investor Presentation 2Q 2022 Earnings August 2022
Slide 2: Disclaimer: Forward Looking Statements
< Airspan Disclaimer Forward Looking Statements Certain statements in this investor presentation (‘Presentation”) may be considered “forward-looking statements" within the meaning ofthe “safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking st
Slide 3: Disclaimer: Non-GAAP Financial Measures
Disclaimer Non-GAAP Financial Measures This Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") including, but not imited to Adjusted EBITDA. These non-GAAP financial measures are ‘ot measures of financial performance in
Slide 4: Today's Presenters
Vi (aren | TOday’s Presenters = Co-founded Airspan in January 1998 and joined as Executive Vice President and Chief Operating Officer = Named Chairman of Airspan in February 2022 = Previously worked at telecommunications corporations, Bell Laboratories and AT&T in a variety of positions Eric pasene
Slide 5: Airspan: An American Champion for 5G
Via f as rspan | Airspan: An American Champion for 5G $177mm 1,000+ 30+ years 2021A revenue Customers globally in over 100 countries Proven technology 44% 1+ million 819 2021A gross profit margin Base stations shipped Employees) fn nn nn nn nn nn en nn nnn nnn nn enn nnn nn nee nen een n ene, ‘ a! Z
Slide 6: Airspan's Opportunity: A ~$40Bn Addressable Market
Airspan’s Opportunity: A ~$40Bn Addressable Market Across Carrier Networks, Fixed Wireless and Enterprise Private Networks Mobile Network Operators (MNO) FWA\): Households and Enterprise Enterprise Private Networks (EPN) (g) Ht ad) fo0 : EEE BEB 55 » EE] i Os ae Ei (1) Fixed Wireless Access. (2) Per
Slide 7: Mobile Network Operators, Fixed Wireless Access, Enterprise Private Networks
Mobile Network Operators Fixed Wireless Access Enterprise Private Networks Sashes Telefonica jo fieifar] oo CBRS enmes> in Rural, Oil & Gas, an Boon Airport aoe [ota Education, Hospital, 5G AisTo-Ground, ~1 ,000,000 Enterprise Broadband Enterprise, Industrial Airports Base Stations Shipped Globally
Slide 8: 5G Densification with Microcells is Critical for Success
KE, (arsean | 5G Densification with Microcells is Critical for Success 10X More Cells in 5G vs 4G 16km 35 Radios 4G Deployment Mic 80% Macros and 20% Micro ha 30 Radios on (ws ono *y)) Hl 25 Rado = = 10K: = 20a 08km 15a nite 5G Deployment 20% Macros and 80% Micro Radi ] gy Pret p) O oo TET i rth. 7
Slide 9: True 5G Requires a Flexible, Adaptive, Next Generation Technology Platform
YE. True 5G Requires a Flexible, Adaptive, Next Generation (( Airspan SJ Technology Platform at the Heart of the Network Macro Deployment = Traditional Deployment — _ Highly qualified skillset to deploy & optimize — Long deployment time - Site preparation and zoning challenges — Macrocell and fiber
Slide 10: 5G Networks Have Become A National Security Priority
Vi (aren | SG Networks Have Become A National Security Priority 5G networks are expected to drive significant innovation and be . mn As a leading North American, integrated, 5G access network central to transportation, power, and communications provider, Airspan expects to benefit from: infrastructu
Slide 11: Quarter 2022 Highlights
(0 Airspan Total Revenue ($mm) $46.9 $42.0 24 Quarter 2022 Highlights Revenue of $46.9 million, up 25% from 1Q 2022 and up 12% from 2Q 2021 Gross profit of $18.8 million up 56% from 1Q 2022 and down 2% from 2Q 2021 Net loss of $21.0 million compared to a net loss of $29.7 million in 1Q 2022 and a ne
Slide 12: Demand for connectivity in every aspect of life is increasing exponentially
Demand for connectivity in every aspect of life is increasing exponentially, alongside an explosive new appetite for data hungry applications like the Metaverse Top tier customer base with growing demand World-class strategic investor and supply chain partners Continued strong growth in the 5G, priv
Slide 13: Appendix
‘COrimercially Confidential
Slide 14: Appendix: Reconciliation of GAAP to Non-GAAP
JE (Corson Appendix: Reconciliation of GAAP to Non-GAAP Reconciliation of Non-GAAP Items Q2 2021 Qi 2022 Q2 2022 Net Loss (10) (30) (21) Adjusted for: Interest Expense net 3 5 4 Income Tax expense (} (0) (0) Depreciation and amortization 1 1 1 EBITDA (7) (24) (16) Share based compensation expense 2
Slide 15: 5G Disruptor, Innovator
5G DISRUPTOR, INNOVATOR airspan.com Member of: Wo & anna, YP Ath SMALL CELL FORUM MEMBER alliance ae LLYN MQ TELECOM INFRA PROJECT SS Open RAN POLICY COALITION. cca
Airspan Networks Holdings — Q2 2022 Earnings Presentation on 6ix