Aviation Leo Mondale President

Aviation is a $100m business focused on the mobile satellite communication needs of the commercial aviation industry; from safety & operations services to passenger connectivity

• SwiftBroadband (SB), largely for cabin connectivity, is 55% of revenue. Classic Safety and cockpit services (28%), leasing (12%) and Swift 64 (5%) make up the remainder

• Revenue is currently both Business Aviation and Commercial Air Transport (CAT). Demand for passenger connectivity is expected to drive CAT growth exponentially 2016-2025

Our distribution partner network delivers services to over 11,000 aircraft worldwide, effectively serving the global business aviation community, and including major airlines such as Emirates, Qatar, United, Air Asia, Air Malaysia, Singapore Airlines, etc.

Inmarsat Aviation business at a glance Powering Aviation Connectivity

Meeting the connectivity needs of any aircraft in any geography:

cockpit, cabin and the airplane

Cockpit & Airline Cabin

Inmarsat On-board Network

ACGC & ATG

Cockpit

Electronic Flight Bag

Maintenance

Internet access

W-IFE/ Entertainment /

Applications

Engine monitoring

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The commercial aviation satellite-based connectivity

market at ~$0.6bn (retail) has significant growth

potential:

• 55% of all wide-body aircraft will be connected by 2023

• Single-aisle aircraft numbers double between 2013 and 2033; 40% of aircraft will be connected

• There will be 50% growth in connected business jets

Source: Euroconsult 2014, Prospects for IFE & Connectivity

Commercial Air Transport (CAT) market is thriving Every region holds opportunity

300% increase in connected aircraft expected in next decade

Source: Boeing 2014

Source: Euroconsult 2014, Prospects for IFE & Connectivity

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Demand for connectivity is growing strongly Passengers demand Wi-Fi in flight as on the ground

Source: Honeywell Aerospace Wi-Fi Survey July 2014

Business & Consumers

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Market dynamics Vigorous Competition in a Growing Market

Gogo leads the overall cabin connectivity market with its US ATG system, but is facing strong ATG competition in the US, and for satellite services worldwide

OnAir: Owned by SITA. Early CAT market entrant with significant installed base and backlog of SwiftBroadband installations

Rockwell Collins: Major aerospace player, acquired Arinc, principal competitor to SITA and also a major distributor of Inmarsat Classic Aero Safety and Operations Services. Now distributes the full range of Inmarsat satellite services

Thales: Second largest player in the IFE market, seeking to aggressively increase presence in connectivity via expansion of its relationship with Inmarsat, acquisition of LiveTV

Panasonic: Leads the substantial IFE market, offers connectivity as an extension of IFE, based on nearly-global Ku-band satellite coverage

Global Eagle Entertainment/Row 44: Independent public company with bundled content/ connectivity solution. Ku-band satellite service deployed on Low Cost Carriers in the US and Europe

Viasat: Seeking to leverage its U.S. satellite assets and a partnership with Eutelsat to penetrate US/EU/North Atlantic Aviation markets, diversify from consumer broadband

Iridium: Inmarsat leads the Safety and Operational Services market, but Iridium also actively targeting the segment with Next/Aireon satellite-based ADSB service

61% 15%

9%

15% Gogo

Panasonic

Inmarsat

Row 44

Viasat

Satcom & ATG

Cabin connectivity market

Satcom

Cockpit connectivity market

2%

98%

Iridium

Inmarsat

Source: Management estimates based on number of aircraft end of year 2013

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CABIN & COCKPIT CABIN COCKPIT

Airlines Airlines

Commercial Air Transport Business Aviation

Bus Jet Operators

L-band and GX distribution channels Strong partnerships are enabling Inmarsat’s market penetration

Our vision is to build an airline-centric eco-system that delivers value to all in the distribution network

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Inmarsat is best positioned to capture the rapidly growing passenger connectivity market through strategic relationships to deliver a quality service at an attractive price. New safety services will leverage our leadership position in the cockpit, while new products will expand our markets

• Cement and grow our leadership in Safety and Operations Services; Launch of SB Safety – Dedicated IP connectivity to the flight deck as well as free tracking to airlines in association with our distribution partners

• New products being made available to expand into new markets - GX+, SB Safety, Hybrid L & Ka-band and ACGC

• Working with aircraft OEM partners (Boeing and Airbus) to provide installation during the aircraft build for longer-term payback. Investing in GX certification process to accelerate time to market

• Developing an airline centric eco-system with strategic partners to enable multiple revenue streams from the cockpit, cabin and airline/aircraft operations

CAT growth strategy Position Inmarsat as the global leader in passenger and cockpit connectivity

Own the Safety and Operations market

leadership position; deliver nose to tail services

Expand product portfolio to offer solutions for any size

aircraft, anywhere

Capture global, international long-haul

passenger services market with GX; partner with other

ATG providers to offer seamless, cost effective

solution

Dominate regional, short-haul with S-band/Aviation

Complementary Ground Component (ACGC)

An integrated product portfolio to best serve the connectivity needs of all aircraft types in any fleet

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With our overall portfolio spanning SB, GX and ACGC and SB Safety, coupled with our innovative service partners constantly improving their value added services, and our technology partners upgrading and expanding the hardware catalogue, Inmarsat is best positioned to continue leadership of the Business Aviation segment

• Driving development into lighter less expensive, higher performance equipment to meet high capacity demand; ACGC is a new option for smaller aircraft in EU

• Working through partners with aircraft OEM partners, such as Bombardier, to provide installation during the aircraft build

• Strengthening our distribution partnerships to expand into new markets with new offerings

• Strategic relationship with Honeywell, includes expansion via Bendix King into general aviation product

Business Aviation growth strategy Extend our market leader position

Maintain leadership in safety and operations

services: SB + GX + ACGC

New product and service offerings to all segments of business aviation markets:

SB, GX, ACGC

Extend very successful partner relationships with

Satcom Direct, Arinc Direct, Honeywell. Add new

channels: Satcom 1, Aircell

Enter general aviation market with right

hardware and price

Effective distribution channels and strategic partnerships, combined with expanded product and service portfolio support continued growth

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Product portfolio approach Meeting needs of all aircraft, anywhere

bandwidth

Aircraft size and capacity need

General Aviation

Business Aviation Super

midsize

Bizliner Narrow Body CAT

Wide Body CAT

Business Aviation

Large Cabin

Business Aviation Midsize

Light Jets

SwiftBroadband (L-band) range

Hybrid services

S-band/ACGC

GX (Ka-band)

GX +

Existing product

Planned product

Opportunity

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