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14THANNUAL SOUTHWEST IDEAS INVESTOR CONFERENCE NOVEMBER 16, 2022
NOVEMBER 16, 2022FORWARD LOOKING STATEMENTS
2Safe Harbor Statement
This presentation contains statements about future events and expectations known as “forward -looking statements” within the mean ing of
Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”). Iridium Communications Inc. (“Iridium” or the “Company”) has based these statements on its curr ent
expectations and the information currently available to it.
Forward -looking statements inthispresentation include statements regarding expected service revenue growth, Operational EBITDA,
capital expenditures, free cash flow, FCF yield and FCF conversion, cash taxes and leverage levels ;potential returns toshareholders,
including dividends, share buybacks andstrategic investments ;amount andtiming ofshare repurchases ;expected growth andcompetitive
factors inthemobile satellite services segment ;contracted U.S.government revenues ;themarket for,capabilities of,andgrowth prosects
fornew products and services, such asIridium Certus® ;thecapabilities and benefits ofand themarket fortheAireon® system ;and
Aireon’s financial impact onIridium .Other forward -looking statements canbeidentified bythewords "anticipates," "may," "can," "believes,"
"expects," "projects," "intends," "likely," "will," "tobe"and other expressions that arepredictions oforindicate future events, trends or
prospects .These forward -looking statements involve known andunknown risks, uncertainties andother factors thatmay cause theactual
results, performance orachievements ofIridium todiffer materially from anyfuture results, performance orachievements expressed or
implied bysuch forward -looking statements .These risks anduncertainties include, butarenotlimited to,uncertainties regarding expected
Operational EBITDA margin, growth insubscribers andrevenue, levels ofdemand formobile satellite services, themarket fortheAireon
hosted payloads, theability ofAireon topayitshosting fees, thedevelopment ofanddemand fornew products andservices, including
Iridium Certus, theCompany’s ability tocomplete itsshare repurchase programs, andtheCompany’s ability tomaintain thehealth, capacity
andcontent ofitssatellite constellation, aswell asgeneral industry andeconomic conditions, andcompetitive, legal, governmental and
technological factors .Other factors that could cause actual results todiffer materially from those indicated bytheforward -looking
statements include those factors listed under thecaption "Risk Factors“ intheCompany’s Form 10-Kfortheyear ended December 31,
2021 ,filed with theSEC onFebruary 17,2022 ,andtheCompany’s Form 10-Qforthequarter ended September 30,2022 ,filed with the
SEC onOctober 20,2022 ,aswell asother filings Iridium makes with theSEC from time totime.There isnoassurance that Iridium's
expectations willberealized .Ifoneormore ofthese risks oruncertainties materialize, orifIridium's underlying assumptions prove incorrect,
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