TerreStar Corporation (fka TSTRQ)

[Ecostate]

per marathons words "Purpose of Transaction .

Marathon caused the Funds and Accounts to purchase the Shares reported herein for investment purposes. Marathon evaluates the investment in the Shares on a continual basis. Marathon caused the Funds and Accounts to purchase the Shares reported herein because Marathon believed the Shares to be undervalued. Marathon believes that the Company and one or more of its direct and indirect subsidiaries have not provided sufficient value to the Company’s shareholders. Marathon may, over time, take any and all actions considered appropriate to realize the value of the Shares. Specifically, Marathon may have discussions concerning the strategic direction of the Company with the Company’s representatives and representatives of one or more of the Company’s direct and indirect subsidiaries, with other holders of equity interests in the Company and one or more of the Company’s direct and indirect subsidiaries, and with creditors of the Company and one or more of the Company’s direct and indirect subsidiaries.