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Terran Orbital Appoints Jonathan Siegmann as Senior Vice President of Corporate Development

Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced the appointment of Jonathan Siegmann as Senior Vice President of Corporate Development. Mr. Siegmann will lead Terran Orbital’s investor relations, M&A, and venture efforts among other development initiatives.

Marc Bell, Terran Orbital’s Co-Founder, Chairman, and Chief Executive Officer commented, “I am pleased to welcome Jon to the Terran Orbital team. He brings significant investor expertise from his distinguished career at Fidelity leading the Aerospace and Defense sector coverage. Jon will play a critical role as we execute our investing and capital market strategy. We are excited to have Jon join the team and are looking forward to his contributions as Terran Orbital continues to grow.”

Most recently, Mr. Siegmann served as Research Analyst and Portfolio Manager for Fidelity Management and Research Company. Coverage responsibilities included all North American aerospace, defense, and new space companies both public and private. Prior to Fidelity, Jonathan held various positions of increasing responsibility at BASF Corporation from 1998-2007. Mr. Siegmann received a BS from Rensselaer Polytechnic Institute and an MBA from New York University’s Stern School of Business and is a Chartered Financial Analyst® holder from the CFA Institute.

Mr. Siegmann will report to Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell.

About Terran Orbital

Terran Orbital is a leading manufacturer of small satellites primarily serving the United States and Allied aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com.

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