2010 Annual Meeting of Shareholders

2010 ANNUAL MEETING OF SHAREHOLDERS C H UCK KISSN ER C H A IR M AN A N D C E O

November 9, 2010 COMPANY CONFIDENTIAL

Forward Looking Statements The information contained in this document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act and Section 27A of the Securities Act. All statements, trend analyses and other information contained herein about the markets for the services and products of Aviat Networks, Inc. and trends in revenue, as well as other statements identified by the use of forward-looking terminology, including "anticipates", "believe", "plan", "estimate", "expect", "goal", "will", "see", "continues", "delivering", "view", and "intend", or the negative of these terms or other similar expressions, constitute forward-looking statements. These forward-looking statements are based on estimates reflecting the current beliefs of the senior management of Aviat Networks. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Forward-looking statements should therefore be considered in light of various important factors, including those set forth in this document. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include the following: - continued price erosion as a result of increased competition in the microwave transmission industry; - the impact of the volume, timing and customer, product and geographic mix of our product orders may have an impact on our operating results; - our ability to maintain projected product rollouts, product functionality, anticipated cost reductions or market acceptance of planned products; - the ability of our subcontractors to perform or our key suppliers to manufacture or deliver material - continued weakness in the global economy affecting customer spending; - retention of our key personnel; - our ability to manage and maintain key customer relationships; - uncertain economic conditions in the telecommunications sector combined with operator and supplier consolidation; - the timing of our receipt of payment for products or services from our customers; - our failure to protect our intellectual property rights or defend against intellectual property infringement claims by others; - the effects of currency and interest rate risks; and - the impact of political, economic and geographic risks on international sales. For more information regarding the risks and uncertainties for our business, see "Risk Factors" in our Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on September 9, 2010 as well as other reports filed by Aviat Networks, Inc. with the SEC from time to time. Aviat Networks undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

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AVIAT NETWORKS | NOVEMBER 2010

COMPANY CONFIDENTIAL 2

Topics

• FY10 Financial Results

• Our Opportunity

• Our Strategy

• Summary

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COMPANY CONFIDENTIAL

2010 Recent Events

Harris Stratex Changes Name to Aviat Networks

Jun 28

Jan 28

Jan

Announcement of Raleigh Facility Closure

Appointment of Board Director as CEO – Chuck Kissner

Feb

Mar

Apr

May

Aug 28

Jun

Jul

Aug

Sep

Aug 12

HQ moves from Raleigh NC to Silicon Valley

4



Corporate Restructuring Plan Announced

Strategic Direction Announced

Pressures on our Business E xec u tion

C A P E X B u dgets

C ompetition

• Poor History • Integration Issues

• Operators More Cautious • Economic Constraints

• Aggressive Pricing • Squeeze From Majors

Strategic Initiatives

Restructuring Initiatives

NEW

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 Reduce Costs  Stabilize Top Line  Drive Predictable Results


NEW

 Accelerate innovation in wireless transmission  Leverage our IP and WiMAX technology to improve our offerings  Expand our solutions with network services  Extend our reach through alternative distribution channels


NEW

Annual Operating Performance (Non-GAAP) Annual Performance ($ figures in millions)

FY 2010

FY 2009

Revenue

$478.9

$679.9

Gross Margin %

33.0%

Operating Expenses

$170.3

$175.0

Operating Income (loss)

($12.3)

$37.7

EPS

($0.24)

$0.48

GAAP to non-GAAP reconciliation tables and restatement adjustments on-line at http://investors.aviatnetworks.com/nonGAAP.cfm

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31.3%



Focus on Balance Sheet End of Q4/10

End of Q4/09

Cash and Short Term Investments

$141.7M

$137.1M

Accounts Receivable

$104.8M

$142.9M

DSO’s

80 Days

76 Days

Inventory and Unbilled

$103.7M

$126.4M

4.8

5.3

$5.0M

$10.0M

Turns Third-Party Debt

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FY10 Distribution of Revenue, by Region

Europe, Middle East & Russia

North America

18%

37% Africa

26% Latin America

4%

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AVIAT NETWORKS | AUGUST 2010


Asia/Pacific

15%

Our Mobile Service Provider Customers Global/Regional Operators

National Operators

Global OEMs

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Opportunity Drivers • Growth in smart, IP-connected devices,

and bandwidth-hungry applications creating data explosion • Mobile expansion in developing world • Rural Broadband Stimulus • Smart Utility Networks • Public Safety/Homeland Security • Mass migration away from traditional TDM

networks to IP • Expansion beyond backhaul • Lack of wired alternatives

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Microwave Equipment Forecast

Source: Infonetics Research Mobile Backhaul Equipment and Services Market Size, Share, and Forecasts October 2010

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Microwave Growth Forecast

North America

5.3%

Europe, Middle East & Russia

CAGR

6.4% CAGR

Russia coming back strong LTE driving growth

Stimulus continues to create opportunities

Africa

5.2% CAGR

Latin America

7.9% CAGR

Ongoing player consolidation, pockets of growth

Key players’ broadband initiatives moving forward

AsiaPacific



CAGR

Region still rolling; China, India, Australia

CY10-CY15 CAGR Figures Source: Skylight Research

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11.4%

Our Going Forward Strategy 1.

Accelerate innovation in wireless transmission, including microwave backhaul

2.

Leverage our IP and WiMAX technology to improve and enhance our wireless transmission offerings

3.

Expand our solutions orientation with network operations management, network design and installation

4.

Extend our reach through alternative distribution channels

Focus, Speed, Execution 13



Our Wireless Transmission Growth Strategy

Core Transport

Middle Mile /Backhaul

WiMAX

Mobile Networks

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Rural Broadband

Digital Oilfield


LICENSED

Smart Grid

E-BAND

Public Safety


LICENSE EXEMPT

Healthcare

Enterprise

First/Last Mile

Smart Classroom

Our Wireless Technology Path Intellectual Property Integration Capacity Applications

Complexity Cost Aviat Inside

Legacy 15

Simplification


Cost Reduction COMPANY CONFIDENTIAL

Integration

Embedded

Corporate Citizenship Community Involvement • Support and participate in community Food Bank

Drives • UK - Beach cleanup • Slovenia and Nigeria – Local cleanup drives • New Zealand – Local cleanup and shrubbery

planting • Disaster support Donated 6 hops for Haiti relief agencies and expedited support of Comcel service restoration • Donated 40 links of 80Mbps of radio to immediately aid Chile in reestablishing communications in affected areas •

• Support of and participation in the Silicon Valley

Leadership Group

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Corporate Citizenship Environmental Involvement • Relocated Corporate Headquarters to a soon to be

LEED Certified Gold Building in Santa Clara • 40% reduction of electricity usage over previous location with

all electricity certified from renewable sources • Solar electric panels on roof

• 5 of 6 locations with 50 or more employees have active

recycle/green programs •

Paper, printer cartridges, aluminum cans

• Active program to achieve company wide ISO14001

Environmental Certification in early 2011 • Santa Clara facility participated in a Silicon Valley CO2

reduction contest and won preventing over 43,000 pounds of CO2 from being released into the environment. • Reduced power consumption of new product • All products comply with RoHS and WEEE regulations 17



Summary • Core business is sound • Broad and attractive customer base • Market segment that provides

opportunities for long term growth • Transforming to be a lean, focused and

agile company • Committed to operational improvement • Developing innovative new products

Creating Value with Wireless Transmission 18



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