Slide 1: Third Quarter 2011 Earnings Call Presentation
GlobalStar* ching Laun the future. wy " a d Third Quarter 2011 Earnings Call Presentation November 8, 2011
Slide 2: Safe Harbor Language
Globalstar Introduction Safe Harbor Language ‘Tis presertaton contains cain statements nat are“orwanooking sttemerts" win the meaning ofthe Prvate Secures Ligation Return Act o 1605" These fowarologking Statements ae basedon cumert expedatos ang assunpons hat ste sujet to sks and Ucertaties wricn ma
Slide 3: Globalstar Strategic Initiatives
Globalstar Strategic Initiatives Highlighted by right-sized focus on proven products 1e Company completes the launch and orbit-raising of St Beeond Seaton Sis " ~ increas sccess pricing is expected cus on strategy for existing Subscribers with ite or no current usage sand mpettion fo dive new gross
Slide 4: Third Quarter Highlight: Six second-generation satellites launched
Third Quarter Highlight Globalstar successfully launches six second-generation satellites Globalstar successfully launched six new second- generation satellites from the Baikonur Cosmodrome in Kazakhstan on July 13, 2011 The Company has »ssfully conducted two launches of sx satelites each ona expect
Slide 5: Third Quarter Highlight: New satellites operating in North America
hird Quarter Highlight Globalstar begins to operate new satellites in North America 9 Minister in charge of Space Operations, had issued to FCC fete second generation satellite constellation ad jon Earlier this year, the FCC granted Globalstar conditional a @€cnes Consequently, in September the Comp
Slide 6: Third Quarter Highlight: Growth for Simplex M2M and SPOT
Third Quarter Highlight Continued growth for Simplex M2M data and SPOT consumer products Globalstar continued to establish both its Simplex commercial M2M asset tracking business and its Senne consumer retail market success primarily with ! enhanced SPOT Satellite GPS Messenger™ * 4 7 During the tiv
Slide 7: Constellation Update
Constellation Update Globalstar Launch Two July 13, 2011 Arianespace successfully launched si ew Globalstar sevond-generation satellites from the Baikonur Cosmodrome in Khazahkstan using the Soyuz launch vehicle + All six satellites were successfully acquired - Globalstar has initiated satellite in-
Slide 8: Constellation Update: Upcoming Launches
Constellation Update Upcoming Globalstar Launches + Globalstar is planning two additional ines of six satellites per taunch using the Soyuz launch vehicle + Both remaining launches are to conducted at the Baikonur Gosmodrome in Khazakst Thales Alenia Space has already shipped the next six satellites
Slide 9: Income Statement Review
Income Statement Review —Q3 2011 vs. Q3 2010 “he Mth Ended he Yon CahOneatn poses Fedationin eV c Egapmed admin tee Ate ‘ual Opening genes Openings Ott ema Ep)
Slide 10: Liquidity Summary
Liquidity Summary iemenecenniee = == = =e ee a il ———wom SEE
Slide 11: Globalstar Remains Focused on its Key Value Drivers
—_—z___—_=_=_—— Globalstar Remains Focused on its Key Value Drivers Haney et ep dnc hor eet ‘emp one pr CAPPED Crewman 6 cnn gnc, SSguivoeas ne te rr Hija gui baey ocr pr Todo 20I00SFOT mtr Goris ef eb eae mip Be Bex tbe (Gut AE Wetman) sisson rane Ered ate i verge ain “Chgnsdrncpete spat re rsa fet
Slide 12: Launching the Future
Globalstar Launching the Future GlobalStar*
Slide 13: Appendix A
Appendix A ‘Adjusted EBITDA is adjusted to exclude non-cash compansiticn expense, asset impairment charges, foreign exchange gainclesses) and certain cther nesime changes. Management uses Adjusted figures for EBITDA in onder to manage the Company's busines and to compare its reals more cloely tothe