IN YOUR SPACE

YOUR ONE-STOP-SHOP FOR MOMENTUS NEWS

What You Need to Know

New company goals for 2022 have been developed. Scroll down to learn more.

We released a video today to share more about our first flight. View it here. It's also
been posted on Twitter and LinkedIn. Feel free to share!

Momentus is ringing the closing NASDAQ bell on Friday, May 27! We'll send out a link
on Friday to watch live.

Note: There is no remote viewing option for the launch luau but we will provide a link to watch
the SpaceX webcast.
 Welcome to the Team!

Richard Nguyen Simon Wiley Jonathan Beard

Contracts Manager Senior Accountant Embedded Software Engineer

Hung Nguyen
Blenard Zajmi Brandon Wong
Inventory and Logistics
Accounting Manager Electrical Engineer IV
Supervisor

Anh Ngoc Le Dmitrii Andreev Gary Bartmann

Staff Accountant High Power Microwave Engineer VP of Supply Chain
 2022 Momentus Annual Bonus Plan
Corporate Goals

Our bonus plan is made up of both Corporate and personal goal components that determine
your payout. For plan year 2022, Momentus has placed separate corporate criteria for the
Engineering & Operations division than those of the General Administration and Sales and
Marketing divisions. Please be aware this is confidential and private Momentus information.

2022 Corporate Goals for G&A and S&M Teams:

Launch V3
Launch V5
AOP Booking Target of $9.7M, must meet minimum threshold of 80% of target to receive
partial plan achievement
Obtain One (1) license to fly

2022 Corporate Goals for Engineering & Operations Teams:

Shipping of V3 (to meet June Transporter 5 launch) paid w/in 1 month of shipment and
needs to be employee one month prior to ship date to be eligible
Shipping of V5 (to meet 2022 launch date) paid w/in 1 month of shipment and needs to
be employee one month prior to ship date to be eligible
Successful V3 Flight (90% of total KMRs being met)
Successful V5 Flight (90% of total KMRs being met)
AOP Booking Target of $9.7M, must meet minimum threshold of 80% of target to receive
partial plan achievement

If you have questions, please speak with your manager.

It's a (Work) Date

Monday, May 30 is Memorial Day and an official work holiday.

Thank you to those who have served and sacrificed.
 Rich Desai, Kaitlyn Gabardi, Erik Langholz
and Juan Antonio Martinez Castellanos for
amazing work in preparation for flight ops!

Jerry “Ace” Ventura for all of the work he is

doing with SolarWinds. His efforts have
significantly improved the functionality of the
intake forms for NSA related actions!

Allen Cuenca in appreciation for his single-handed efforts in getting supplier purchase
orders (POs) placed for Momentus Supply Chain from mid-April until late May. During
almost the whole of that time, Allen was literally a one-man band getting POs awarded.
Working long days, and supporting internal Momentus customers with very urgent
supplier needs, Allen effectively managed his PO backlog to zero. Meaning not only no late
POs, but no requestor backlog at all! At the same time, he worked with suppliers on
execution of scope which had already been previously awarded, assuring timely delivery of
much needed hardware. Well done. Thank you Allen!

Tina Bella for leading the logistics for our Launch Luau and for Denise Ayon for
managing logistics for our L-1 Customer Reception at the Cape!

Kenny Sandon for supporting a variety of marketing and customer activities in support of
first flight. He is always ready to help and readily goes above and beyond!

And a reminder that if you were an employee

as of mid-April, your name is going to space
this week (on an engraved plate aboard
Vigoride). Shout out out to Ian Ojeda for
making it happen!

Mark Crawford - 4 years!

Sam Avery - 3 years!
Michael Stump - 3 years!
Ruchit Desai - 1 year!
Viren Patel - 1 year!
 May the Schwarz be with You
Wisdom from Rob
Early in my career, a senior manager at a kickoff review for a new satellite program
advised us, ‘You’ve got to manage cost, schedule, and performance. You can’t do all 3
though. Pick the two that matter right now and hold that throughout the program.’
Money, time, and performance can be traded off for each other – but usually it’s a zero-
sum game. To get/preserve one, you need to pay with one or both of the other two.

What was implied in this statement was that while we had budgets for cost, schedule, and
performance, lurking in the shadows was uncertainty (risk). Risk threatens to reveal that
our guess of the cost/schedule/performance mix that we will achieve is actually
unachievable. So my manager’s advice was to decide up front, which of the three levers
(cost, schedule, and performance) was most critical to the program, and to cover the risk
with the other lever. It’s an effective way to keep priorities straight as the program
unfolds. But it did something else for the team. It allowed everyone to recognize that our
program plans were probably wrong, and that risk has a cost. We can chose how we want
to pay, but it’s naïve to expect to execute an engineering development without breaking
the plan. Sure, we all still did our best to avoid risks and execute to plan, and as risks were
realized, there was no sense of blame – that the realized risk must have been due to
someone’s underperformance. We all knew some risks would be realized, and we had
decided up front what we would do when they were.

This may seem pretty obvious, but a mutual recognition that plans are imperfect and that
we’ve all agreed on a plan B (in this case, which of the 3 levers we will use to cover the
cost of risk) can make a huge difference in how the team works and faces problems
together. I’ve worked in other environments where risks realized were seen as failures in
performance – usually of the person in charge of the effort. In contrast to a mutual
understanding that risk represents uncertainty, association of risk to personal
performance fosters an unhealthy work environment where people don’t disclose
realized risks, finger pointing takes over, and over time, people are trained by the
environment to avoid challenge. As we continue to take challenges, we must commit to
each other that with that challenge comes significant risk. Realizing risks means we won’t
meet our plans all the time – maybe even most of the time. That’s OK – risks realized may
break the plan. We’ll pick which lever to pull to adjust the plan and move forward
together.


If you have any questions about this guidance,

please contact the Security Office @
security@momentus.space.

This is a reminder that, under Momentus' National Security Agreement ("NSA"), Momentus
employees are generally not allowed to communicate with its former Investors (Mikhail Kokorich,
Lev Khasis, Olga Khasis, Nortrone Finance S.A., and Brainyspace LLC), Investor Affiliates, Related
Parties, and certain other entities and individuals (collectively, the "NSA Prohibited Parties").
You can view a list of parties Momentus has currently identified as being NSA Prohibited Parties
here.

To comply with these restrictions and fulfill our obligations under the NSA, Momentus has
prepared the below guidance outlining the company's expectations and requirements as it
relates to your communications (including unsolicited and/or personal communications) with
third parties:

Third-Party Communications:
o You generally do not have a duty to affirmatively inquire as to whether every third-party with
whom you communicate is an NSA Prohibited Party.
o However, if you are or become aware of any indications that the third-party may be a NSA
Prohibited Party, you are required to inquire further to determine if the third-party is an NSA
Prohibited Party and, as necessary, to stop and report the communications as outlined below.
o In case of doubt or questions whether a third-party is an NSA Prohibited Party, please contact
our Chief Security Officer, Jason Garkey.

NSA Prohibited Party Communications:

o You may not initiate or otherwise engage in any communications with an NSA Prohibited Party
without the prior approval of the Chief Security Officer.
o This restriction extends to personal communications and to communications via social media,
such as chats, commentary, "likes," etc. on Facebook, Twitter, Instagram, LinkedIn, etc.
o If you are the recipient of any unsolicited communications from an NSA Prohibited Party
(including via social media), you must promptly report the communication via
security@momentus.space to the Chief Security Officer who will review the communication and
determine next steps, including applicable reporting requirements.
o To the extent the Chief Security Officer instructs that specific communications with a NSA
Prohibited Party or their representative, such as their legal counsel, are permitted, all such
communications must involve the Chief Security Officer and Third-Party Monitor, and must be
recorded in the Communications Log. If such communications occur via email, please copy:
jason.garkey@momentus.space; momentustpm@ankura.com; and
cfius_comms@momentus.space.
 Meet The Team
Catherine Lamberth, Head of Guidance, Navigation and Controls
What inspires you about working at Momentus?
It's the people! I've worked at both big contractors like Lockheed and scrappy startups with a
single digit number of employees. Along the way I've seen all types of engineers. When I come
to work here, I'm surrounded by brilliant people building really impressive hardware and
software. Decisions are being made on sound engineering, not on ego. People put in
tremendous efforts and meet schedules that shouldn't be possible. At Momentus I see a team
who really can do great things!

What’s the best piece of advice you’ve ever received?

My first graduate adviser was not a good adviser, but he had his moments. Shortly after I
started at MIT, we were reading reviewer comments on a pre-print of our journal paper. He
gave me this great piece of advice: "Only physics can hurt us." It doesn't matter what opinions
people have of you or whether they think you should be doing something differently. All that
matters is what works in the real world!

What does your perfect day look like?

I wake up by a misty lake high in the Sierras. I pack my tent before dawn and hit the trail, over a
couple peaks to a large, warm meadow for lunch. Over another pass, and up to another lake to
set camp and lie in the sun for the rest of the afternoon!

Catherine in the wild!



Catherine connecting with nature.

What professional accomplishment to date are you most proud of?

If Vigoride 3 has a successful mission, that will take the top spot! Until then, I'm most proud
of my year at Zipline. When I joined, they were twenty or so people working out of trailers in
a cow pasture. The company didn't even have a name yet! They had just reached the
milestone of being able to switch their drone from radio control to internal control. A year
later, the fifty of us had a system that was delivering dozens of packages a day to medical
clinics half a world away in Rwanda, and saving lives! All the long hours I spent tuning
controllers, building simulations, running monte carlos, and analyzing flight telemetry paid
off in a drone that could reliably take off and land in any weather, travel hundreds of miles
and drop packages in the same spot every time, and make it home even with a broken flap
or motor!

What is a recent show/movie you watched and would you recommend it?
I recently finished re-watching the original "Star Trek" for the first time since I was a kid.
I forgot what a mixed bag that series was! For every brilliantly written exploration of the
human condition, there's another episode where some telepath or robot or alien probe is
just being a jerk to the crew. Absolutely worth a watch, but feel free to skip to the good
parts!