Nunavut Trade Show and Conference Building a Better Backbone to Meet our Broadband Challenge

Iqaluit, Nunavut

September 19, 2017

Nunavut Trade Show & Conference 1 September 2017 Telesat Leading Global Satellite Operator

. Telesat is one of the largest, most successful satellite operators in the world supporting delivery of essential telecom and broadcast services in Canada’s North for the past 40+ years • Headquartered in Canada with offices and facilities around the world • 500 skilled workers worldwide – 80% in Canada • Ottawa’s top ranked technology firm and 19th in Canada (2016 Branham 300 ) • 15 satellite global fleet with 2 HTS and 2 prototype LEO satellites under construction; manage operations of 3rd party satellites • Global teleport and terrestrial infrastructure seamlessly integrated with Telesat’s satellite fleet • Leading consultancy and Research & Development Lab . Privately Held by Loral Space & Communications (NASDAQ: LORL) and Canada’s Public Sector Pension Investment Board . Long history of innovation and industry firsts . World’s first commercial domestic communications satellite in geostationary orbit (1972) . First commercial satellite that offered direct-to-home (DTH) TV service on small dishes (1978) . First satellite to successfully commercialize consumer broadband services (2004) . Telesat issued patent for novel satellite orbit providing continuous Arctic coverage with substantial coverage of rest of world (2016) . Patent pending for Telesat’s low earth orbit (LEO) system (2016)

Nunavut Trade Show & Conference 2 September 2017

Global Satellite Coverage

Nunavut Trade Show & Conference 3 September 2017 Global Demand Surging for Internet Capacity

CAGR Cisco’s Global IP Traffic Growth, 2009-2021 2016-2021 Petabytes Per Month* Historical Forecast 46%

13%

23% Fixed Internet

Global IP data demand to grow ~2.9x from 2016 to 2021 *1 Petabyte = 1 million Gigabytes Source: Cisco Visual Networking Index, June 2017, and prior Cisco reports for data 2009 to 2015

Nunavut Trade Show & Conference 4 September 2017 Meeting the Broadband Challenge

. Between 2004 and 2007, Telesat launched three satellites with extensive coverage of Canada’s North: Anik F2 Ku/Ka-Bands • Anik F2 Provide 72 C-band Anik F3 Ku-Band • Anik F3 transponders of satellite capacity Anik F1R Ku-Band • Anik F1R . C-band delivers high power and extremely reliable capacity over Canada’s North . C-band will continue to play a role in Canada and other satcom markets worldwide, but the industry is rapidly evolving toward greater use of new spectrum, such as Ka-band, and new high throughput satellite designs . Migrating to HTS • 2015 - Telesat’s T12V at 15oW covering South America and Europe • Provides Gbps capacity  many times that of Anik satellites • Meeting new demands in the maritime and aeronautical markets • Huge potential to improve broadband for satellite users worldwide

Nunavut Trade Show & Conference 5 September 2017

High Throughput Satellites

. Satellite industry increasingly deploying High Throughput Satellites (HTS) and high throughput payloads in response to customers demanding more capacity at a lower cost per bit for internet connectivity . HTS deliver significantly increased throughput relative to conventional satellites by using multiple spot beams to achieve greater power per beam and frequency reuse reducing the cost per bit delivered . HTS are being deployed principally with Ku- and Ka-band payloads

Comparing High Throughput and Conventional Satellites

Conventional Satellite HTS

Provide large hemispheric HTS almost exclusively make or regional beams without use of frequency re-use + frequency re-use or multiple spot beams multiple spot beams

Nunavut Trade Show & Conference 6 September 2017 Telesat’s GEO HTS Roadmap

. 3 HTS satellite programs underway T19V, T18V, T20V . Telstar 19V – Ku/Ka-band expansion satellite co-located with T14R at 63°W

• With our partners in the North, developed comprehensive coverage of satellite dependent communities of Canada’s North

• Under construction by Space Systems Loral launching on SpaceX Falcon 9 – Q2 2018

• 22 Gbps of capacity – 20x increase in capacity to the Nunavut communities

• Service providers building ground infrastructure in the those communities

• In-service Q3 2018 . Telstar 18V – C/Ku band at 138oE for capacity in the Asian region

• SpaceX Falcon 9 launch in Q2 2018

• In-service Q3 2018 . Telstar 20V – Ku/Ka/C and X/Ku bands at 109.2°W under development

• Enhanced coverage of Canada’s North, complementing T19V coverage

• Potentially doubling T19V capacity

Nunavut Trade Show & Conference 7 September 2017 T19V –

Nunavut Trade Show & Conference 8 September 2017 Telesat LEO Will Meet Most Demanding Customer Requirements

. LEO systems are well-suited to meet customer needs • Constellation provides global coverage • Orbit altitude allows low latency • Massive frequency reuse results in high capacity • Scale and technology advancements support low cost . Provides unmatched coverage of Canada’s North . Telesat’s innovative, patent pending architecture will realize the full potential of a LEO constellation

Nunavut Trade Show & Conference 9 September 2017 Telesat LEO Key Accomplishments to Date

. Obtained priority ITU rights to LEO Ka-band spectrum on a global basis – approximately 4 GHz . Developed an innovative constellation design and system architecture . Procured two prototype LEO satellites for launch in 2nd half of 2017 • Brings into use priority ITU filing • Allows in-orbit testing and trials . Discussions underway with potential partners and suppliers Telesat’s design uses polar and inclined orbits to create a revolutionary global network

Nunavut Trade Show & Conference 10 September 2017 In Conclusion

. Telesat has a longstanding and continued commitment to delivering reliable and efficient communications to Canada’s North. . Continued investment is required in broadband infrastructure by both private sectors and government agencies to address ever expanding demand for faster and better broadband . Time sensitive funding program to support existing capabilities and upcoming development . To capture growing demand for broadband services, Telesat is committed to making substantial capital investments in innovative, high capacity, new satellite architectures and infrastructure to connect Canada’s remote communities. . LEO Constellation will place Canada at the leading edge of satellite communications

Nunavut Trade Show & Conference 11 September 2017