· Order on Remand

On January24, 2018, the FCC released an Order on Remand, DA 18-70 (the “Order on Remand”) purporting to establish a procedure to afford Northstar Wireless and SNR Wireless the opportunity to implement a Cure to the Appellate Decision. The Order on Remand provides that Northstar Wireless and SNR Wireless each have until April24, 2018 to file the necessary documentation to demonstrate that, in light of such changes, each of Northstar Wireless and SNR Wireless qualifies for the very small business bidding credit that it sought in the AWS-3 Auction. Additionally, the Order on Remand provides that if either Northstar Wireless or SNR Wireless needs additional time to negotiate new or amended agreements, it may request to extend the deadline for such negotiations for an additional 45 days (extending the deadline to June8, 2018). On April16, 2018, the FCC approved Northstar Wireless’ and SNR Wireless’ requests to extend thedeadline for such negotiations for an additional 45 days to June8, 2018.SNR Wireless and Northstar Wireless have submitted seven separate requests for meetings with the FCC regarding a Cure.To date, with the lone exception of the Office of Commissioner Mignon Clyburn, the parties have been refused an audience with the Commissioners and staff of the FCC.SNR Wireless and Northstar Wireless have filed a Joint Application for Review of the Order on Remand, which remains pending.We cannot predict with any degree of certainty the timing or outcome of these proceedings.

Amendment of Northstar Operative Agreements

· Amendment of the Northstar LLC Agreement

On March31, 2018, American II, Northstar Spectrum, the parent of Northstar Wireless, and Northstar Manager, LLC (“Northstar Manager”) amended and restated the First Amended and Restated Limited Liability Company Agreement, dated October13, 2014, by and among American II, Northstar Spectrum, and Northstar Manager, to, among other things: (i)exchange $6,870,492,660 of the amounts outstanding and owed by Northstar Wireless to American II to the Northstar Credit Agreement (as defined below) for 6,870,493 ClassA Preferred Interests in Northstar Spectrum (the “Northstar Preferred Interests”); (ii)replace the existing investor protection provisions with the investor protections described by the FCC in Baker Creek Communications, LLC, Memorandum Opinion and Order, 13 FCC Rcd 18709, 18715 (1998); (iii)delete the obligation of Northstar Manager to consult with American II regarding budgets and business plans; and (iv)remove the requirement that Northstar Spectrum’s systems be interoperable with those of the Corporation.The Northstar Preferred Interests: (a)are non-voting; (b)have a 12 percent mandatory quarterly distribution, which can be paid in cash or additional face amount of Northstar Preferred Interests at the sole discretion of Northstar Manager; and (c)have a liquidation preference equal to the then-current face amount of the Northstar Preferred Interests plus accrued and unpaid mandatory quarterly distributions in the event of certain liquidation events or deemed liquidation events (e.g., a merger or dissolution of Northstar Spectrum, or a sale of substantially all of Northstar Spectrum’s assets).As a result of the exchange noted in (i)above, a principal amount of $500,000,000 of debt remains under the Northstar Credit Agreement, as described below.

On June7, 2018, American II, Northstar Spectrum, and Northstar Manager amended and restated the Second Amended and Restated Limited Liability Company Agreement, dated March31, 2018, by and among American II, Northstar Spectrum, and Northstar Manager, to, among other things: (i)reduce the mandatory quarterly distribution for the Northstar Preferred Interests from 12 percent to 8 percent from and after June7, 2018; (ii)increase the window for Northstar Manager to “put” its interest in Northstar Spectrum to Northstar Spectrum after October27, 2020 from 30 days to 90 days; (iii)provide an additional 90-day window for Northstar Manager to put its interest in Northstar Spectrum to Northstar Spectrum commencing on October27, 2021; (iv)provide a right for Northstar Manager to require an appraisal of the fair market value of its interest in Northstar Spectrum at any time from October27, 2022 through October27, 2024, coupled with American II having the right to accept the offer to sell from Northstar Manager; (v)allow Northstar Manager to sell its interest in Northstar Spectrum without American II’s consent any time after October27, 2020 (previously October27, 2025); (vi)allow Northstar Spectrum to conduct an initial public offering without American II’s consent any time after October27, 2022 (previously October27, 2029); (vii)remove American II’s rights of first refusal with respect to Northstar Manager’s sale of its interest in Northstar Spectrum or Northstar Spectrum’s sale of any AWS-3 Licenses; and (viii)remove American II’s tag along rights with respect to Northstar Manager’s sale of its interest in Northstar Spectrum.

· Amendment of the Northstar Wireless Credit Agreement

On March31, 2018, American II, Northstar Wireless, and Northstar Spectrum amended and restated the First Amended and Restated Credit Agreement, dated October13, 2014, by and among American II, as lender, Northstar Wireless, as borrower, and Northstar Spectrum, as guarantor (as amended, the “Northstar Credit Agreement”), to, among other things: (i)lower the interest rate on the remaining $500,000,000 principal balance under the Northstar Credit Agreement from 12 percent per annum to six percent per annum; (ii)eliminate the higher interest rate that

would apply in the case of an event of default; and (iii)modify and/or remove certain obligations of Northstar Wireless to prepay the outstanding loan amounts.

On June7, 2018, American II, Northstar Wireless, and Northstar Spectrum amended and restated the Northstar Credit Agreement to, among other things: (i)extend the maturity date on the remaining loan balance from seven years to ten years; and (ii)remove the obligation of Northstar Wireless to obtain American II’s consent for unsecured financing and equipment financing in excess of $25,000,000.

· Termination of Northstar Management Services Agreement

On March31, 2018, American II and Northstar Wireless terminated the Management Services Agreement, dated September12, 2014, by and between American II and Northstar Wireless, which contemplated, among other things, that American II would provide certain management services to Northstar Wireless.

· Termination of Northstar Trademark License Agreement

On March31, 2018, DISH Network L.L.C. (“DISH Network”) and Northstar Wireless terminated the Trademark License Agreement, dated September12, 2014, by and between DISH Network and Northstar Wireless, which contemplated, among other things, that DISH Network would license to Northstar Wireless the trademarks owned, maintained and/or developed by DISH Network.

Amendment of SNR Operative Agreements

· Amendment of the SNR LLC Agreement

On March31, 2018, American III, SNR Holdco, the parent of SNR Wireless, SNR Wireless Management, LLC (“SNR Management”), and John Muleta amended and restated the First Amended and Restated Limited Liability Company Agreement, dated October13, 2014, by and among American III, SNR Holdco, SNR Management and John Muleta, to, among other things: (i)exchange $5,065,414,940 of the amounts outstanding and owed by SNR Wireless to American III to the SNR Credit Agreement (as defined below) for 5,065,415 ClassA Preferred Interests in SNR Holdco (the “SNR Preferred Interests”); (ii)replace the existing investor protection provisions with the investor protections described by the FCC in Baker Creek Communications, LLC, Memorandum Opinion and Order, 13 FCC Rcd 18709, 18715 (1998); (iii)delete the obligation of SNR Management to consult with American III regarding budgets and business plans; and (iv)remove the requirement that SNR Management’s systems be interoperable with those of the Corporation.The SNR Preferred Interests: (a)are non-voting; (b)have a 12 percent mandatory quarterly distribution, which can be paid in cash or additional face amount of SNR Preferred Interests at the sole discretion of SNR Management; and (c)have a liquidation preference equal to the then-current face amount of the SNR Preferred Interests plus accrued and unpaid mandatory quarterly distributions in the event of certain liquidation events or deemed liquidation events (e.g., a merger or dissolution of SNR Holdco, or a sale of substantially all of SNR Holdco’s assets).As a result of the exchange noted in (i)above, a principal amount of $500,000,000 of debt remains under the SNR Credit Agreement, as described below.

On June7, 2018, American III, SNR Holdco, SNR Management, and John Muleta amended and restated the Second Amended and Restated Limited Liability Company Agreement, dated March31, 2018, by and among American III, SNR Holdco, SNR Management and John Muleta, to, among other things: (i)reduce the mandatory quarterly distribution for the SNR Preferred Interests from 12 percent to 8 percent from and after June7, 2018; (ii)increase the window for SNR Management to “put” its interest in SNR Holdco to SNR Holdco after October27, 2020 from 30 days to 90 days; (iii)provide an additional 90-day window for SNR Management to put its interest in SNR Holdco to SNR Holdco commencing on October27, 2021; (iv)provide a right for SNR Management to require an appraisal of the fair market value of its interest in SNR Holdco at any time from October27, 2022 through October27, 2024, coupled with American III having the right to accept the offer to sell from SNR Management; (v)allow SNR Management to sell its interest in SNR Holdco without American III’s consent any time after October27, 2020 (previously October27, 2025); (vi)allow SNR Holdco to conduct an initial public offering without American III’s consent any time after October27, 2022 (previously October27, 2029); (vii)remove American III’s rights of first refusal with respect to SNR Management’s sale of its interest in SNR Holdco or SNR Holdco’s sale of any AWS-3 Licenses; and (viii)remove American III’s tag along rights with respect to SNR Management’s sale of its interest in SNR Holdco.

· Amendment of the SNR Credit Agreement

On March31, 2018, American III, SNR Wireless, and SNR Holdco amended and restated the First Amended and Restated Credit Agreement, dated October13, 2014, by and among American III, as lender, SNR Wireless, as borrower, and SNR Holdco, as guarantor (as amended, the “SNR Credit Agreement”), to, among other things: (i)lower the interest rate on the remaining $500,000,000 principal balance under the SNR Credit Agreement from 12 percent per annum to six percent per annum; (ii)eliminate the higher interest rate that would apply in the case of an event of default; and (iii)modify and/or remove certain obligations of SNR Wireless to prepay the outstanding loan amounts.

On June7, 2018, American III, SNR Wireless, and SNR Holdco amended and restated the SNR Credit Agreement to, among other things: (i)extend the maturity date on the remaining loan balance from seven years to ten years; and (ii)remove the obligation of SNR Wireless to obtain American III’s consent for unsecured financing and equipment financing in excess of $25,000,000.

· Termination of SNR Management Services Agreement

On March31, 2018, American III and SNR Wireless terminated the Management Services Agreement, dated September12, 2014, by and between American III and SNR Wireless, which contemplated, among other things, that American III would provide certain management services to SNR Wireless.

· Termination of SNR Trademark License Agreement

On March31, 2018, DISH Network and SNR Wireless terminated the Trademark License Agreement, dated September12, 2014, by and between DISH Network and SNR Wireless, which contemplated, among other things, that DISH Network would license to SNR Wireless the trademarks owned, maintained and/or developed by DISH Network.

About DISH NETWORK CORPORATION (NASDAQ:DISH)

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers Pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded Pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite (DBS) and Fixed Satellite Service (FSS) spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations. The Sling branded pay-TV services consist of live, linear streaming over-the-top Internet-based domestic, international and Latino video programming services (Sling TV). The Company markets its broadband services under the dishNET brand, which has over 0.623 million subscribers in the United States.