DISH DISH Network Corporation

NEVADA
(State or other jurisdiction
of incorporation)

0-26176
(Commission File Number)

88-0336997
(IRS Employer
Identification No.)

9601 SOUTH MERIDIAN BLVD.
ENGLEWOOD, COLORADO
(Address of principal executive offices)

80112
(Zip Code)

COLORADO
(State or other jurisdiction of
incorporation)

333-31929
(Commission File Number)

84-1328967
(IRS Employer
Identification No.)

9601 SOUTH MERIDIAN BLVD.
ENGLEWOOD, COLORADO
(Address of principal executive offices)

80112
(Zip Code)

QUARTERLY INVESTOR SUMMARY May 11, 2015

DISH NETWORK REPORTS FIRST QUARTER 2015 FINANCIAL RESULTS ENGLEWOOD, Colo., May 11, 2015 – DISH Network Corporation (NASDAQ: DISH) today reported revenue totaling $3.7 billion for the quarter ending March 31, 2015, compared to $3.6 billion for the corresponding period in 2014. Detailed financial data and other information are available in DISH Network's Form 10‐Q for the quarter ended March 31, 2015, filed today with the Securities and Exchange Commission. DISH Network will host its first quarter 2015 financial results conference call today at noon Eastern time. The dial‐in numbers are (800) 616‐6729 (U.S. toll‐free) or (763) 488‐9145, conference ID number 33717189. A webcast replay will be available on DISH’s Investor Relations website at http://dish.client.shareholder.com from 6 p.m. to 12 a.m. ET. Net income attributable to DISH Network totaled $351 million for the quarter ending March 31, 2015, compared to $176 million from the year‐ago quarter. DISH activated approximately 554,000 gross new Pay‐ TV subscribers compared to approximately 639,000 gross new Pay‐TV subscribers in the prior year’s first quarter. NetPay‐TVsubscribersdeclinedby approximately 134,000 in the first quarter. The company closed the first quarter with 13.844 million Pay‐TV subscribers, compared to 14.097 million Pay‐TV subscribers at the end of first quarter 2014. About DISH DISH Network Corp. (NASDAQ: DISH), through its subsidiaries, provides approximately 13.844 million Pay‐TV subscribers, as of March 31, 2015, with the highest‐quality programming and technology with the most choices at the best value. Subscribers enjoy a high definition line‐up with more than 200 national HD channels, the most international channels, and award‐ winning HD and DVR technology. DISH Network Pay‐TV ARPU for the first quarter totaled $86.01, compared to first quarter 2014 Pay‐TV ARPU of $82.36. Pay‐TV subscriber churn rate was 1.65 percent versus 1.42 percent for first quarter 2014. DISH added approximately 14,000 net broadband subscribers in the first quarter, bringing its broadband subscriber base to approximately 591,000. DISH added approximately 53,000 net broadband subscribers in the first quarter 2014. Corporation is a Fortune 250 company. Visit www.dish.com. TABLE OF CONTENTS DISH Segment ‐ Pay‐TV Metrics……………………………………………………… DISH Segment ‐ Broadband Metrics…………………………………...………… Selected Financial Results……………………………...……………………….……. Condensed Consolidated Balance Sheets…………………………………….. Condensed Consolidated Statements of Operations…….……………… 3 5 6 8 9 DISH 1Q15 Financial Results Conference Call – Noon ET Today U.S. or Canada 800‐616‐6729 Internationally 763‐488‐9145 Conference ID: 33717189 Condensed Consolidated Statements of Cash Flows…….……………… 10 Results of Operations 1Q15 vs. 1Q14……………………..……………………… 11 Cautionary Statement Concerning Forward‐Looking Statements… 12 DISH QUARTERLY INVESTOR SUMMARY–1Q15 2

DISH SEGMENT – PAY-TV METRICS 3 Pay-TV Net Additions DISH lost approximately 134,000 net Pay-TV subscribers during 1Q15, compared to the addition of approximately 40,000 net Pay-TV subscribers during 1Q14. The decrease in net Pay-TV subscriber additions versus the same period in 2014 resulted from a higher Pay-TV churn rate and lower gross new Pay-TV subscriber activations, primarily related to programming interruptions in connection with the scheduled expiration of certain programming carriage contracts with several content providers. Pay-TV Churn Rate Our Pay-TV churn rate for 1Q15 was 1.65% compared to 1.42% during 1Q14. The increase in our Pay-TV churn rate primarily related to programming interruptions in connection with the scheduled expiration of certain programming carriage contracts with several content providers. Our Pay-TV churn rate continues to be adversely affected by increased competitive pressures, including aggressive marketing and discounted promotional offers. Our Pay-TV churn rate is also impacted by, among other things, the credit quality of previously acquired subscribers, our ability to consistently provide outstanding customer service, price increases, our ability to control piracy and other forms of fraud, and the level of our retention efforts. Pay-TV Gross Activations During 1Q15, DISH activated approximately 554,000 gross new Pay-TV subscribers compared to approximately 639,000 gross new Pay-TV subscribers during 1Q14, a decrease of 13.3%. Our gross new Pay-TV subscriber activations during 1Q15 were negatively impacted by programming interruptions in connection with the scheduled expiration of certain programming carriage contracts with several content providers and a delay in our marketing efforts during the first half of the quarter related to these programming interruptions. In addition, our gross new Pay-TV subscriber activations continue to be negatively impacted by increased competitive pressures, including aggressive marketing, discounted promotional offers, and more aggressive retention efforts. 40 (44) (12) (63) (134) 1Q14 2Q14 3Q14 4Q14 1Q15 Pay - TV Net Additions In thousands 639 656 691 615 554 1Q14 2Q14 3Q14 4Q14 1Q15 Pay - TV Gross Activations In thousands 1.42% 1.66% 1.67% 1.61% 1.65% 1Q14 2Q14 3Q14 4Q14 1Q15 Pay - TV Churn Rate In percentage DISH QUARTERLY INVESTOR SUMMARY–1Q15

DISH SEGMENT – PAY-TV METRICS-CONTINUED 4 Pay-TV Subscribers DISH ended 1Q15 with 13.844 million Pay-TV subscribers compared to 14.097 million Pay-TV subscribers at the end of 1Q14. Pay-TV ARPU Pay-TV average monthly revenue per subscriber (Pay-TV ARPU) was $86.01 during 1Q15 versus $82.36 during 1Q14. The $3.65 or 4.4% increase in Pay-TV ARPU was primarily attributable to the programming package price increases in February 2015 and 2014 and higher hardware related revenue, partially offset by a shift in programming package mix. Pay-TV SAC Pay-TV subscriber acquisition cost (Pay-TV SAC) was $854 during 1Q15 compared to $862 during 1Q14, a decrease of $8 or 0.9%. This change was primarily attributable to a decrease in hardware costs per activation, partially offset by an increase in advertising costs. The decrease in hardware costs per activation was driven by a reduction in manufacturing costs for next generation Hopper receiver systems and a higher percentage of remanufactured receivers being activated on new subscriber accounts. 14,097 14,053 14,041 13,978 13,844 1Q14 2Q14 3Q14 4Q14 1Q15 Pay - TV Subscribers In thousands $82.36 $84.15 $84.39 $84.17 $86.01 1Q14 2Q14 3Q14 4Q14 1Q15 Pay - TV ARPU Dollars $862 $846 $861 $840 $854 1Q14 2Q14 3Q14 4Q14 1Q15 Pay - TV SAC Dollars DISH QUARTERLY INVESTOR SUMMARY–1Q15

DISH SEGMENT – BROADBAND METRICS 5 Broadband Net Additions DISH added approximately 14,000 net Broadband subscribers during 1Q15, compared to the addition of approximately 53,000 net Broadband subscribers during 1Q14. This decrease in net Broadband subscriber additions versus 1Q14 resulted from lower gross new Broadband subscriber activations and a higher number of customer disconnects. Broadband Gross Activations During 1Q15 and 1Q14, DISH activated approximately 59,000 and 83,000 gross new Broadband subscribers, respectively. Gross new Broadband subscriber activations declined primarily due to stricter credit policies, lower gross new Pay-TV subscriber activations and satellite capacity constraints in certain geographic areas. Customer disconnects were higher due to a larger Broadband subscriber base during 1Q15 compared to 1Q14. Broadband Subscribers DISH ended 1Q15 with 591,000 Broadband subscribers compared to 489,000 Broadband subscribers at the end of 1Q14. 53 36 28 24 14 1Q14 2Q14 3Q14 4Q14 1Q15 Broadband Net Additions In thousands 83 76 72 64 59 1Q14 2Q14 3Q14 4Q14 1Q15 Broadband Gross Activations In thousands 489 525 553 577 591 1Q14 2Q14 3Q14 4Q14 1Q15 Broadband Subscribers In thousands DISH QUARTERLY INVESTOR SUMMARY–1Q15

SELECTED FINANCIAL RESULTS 6 Subscriber-Related Revenue Subscriber-related revenue totaled $3.689 billion for 1Q15, an increase of $133 million or 3.7% compared to 1Q14. The change in Subscriber-related revenue from 1Q14 was primarily related to the increase in Pay-TV ARPU discussed previously and increased revenue from broadband services, partially offset by a smaller average subscriber base during 1Q15 compared to 1Q14. Included in Subscriber-related revenue was $107 million and $83 million of revenue related to our broadband services for 1Q15 and 1Q14, respectively. Subscriber-Related Expenses Subscriber-related expenses totaled $2.163 billion during 1Q15, an increase of $94 million or 4.5% compared to 1Q14. The increase in Subscriber-related expenses was primarily attributable to higher pay-TV programming costs and higher Broadband subscriber-related expenses due to the increase in our Broadband subscriber base. The increase in programming costs was driven by rate increases in certain of our programming contracts, including the renewal of certain contracts at higher rates. Included in Subscriber-related expenses was $67 million and $49 million of expense related to our broadband services for 1Q15 and 1Q14, respectively. Net Income (Loss) Net income attributable to DISH Network was $351 million during 1Q15 compared to $176 million for 1Q14. $3,556 $3,645 $3,648 $3,646 $3,689 1Q14 2Q14 3Q14 4Q14 1Q15 Subscriber - Related Revenue Dollars in millions $2,069 $2,104 $2,133 $2,007 $2,163 1Q14 2Q14 3Q14 4Q14 1Q15 Subscriber - Related Expenses Dollars in millions $176 $213 $146 $410 $351 1Q14 2Q14 3Q14 4Q14 1Q15 Net Income (Loss) Dollars in millions DISH QUARTERLY INVESTOR SUMMARY–1Q15

SELECTED FINANCIAL RESULTS-CONTINUED 7 EBITDA EBITDA was $849 million during 1Q15, an increase of $153 million or 22.0% compared to 1Q14. EBITDA for 1Q15 was positively impacted by Other, net income of $120 million. Earnings before interest, taxes, depreciation and amortization (“EBITDA”). EBITDA is defined as “Net income (loss) attributable to DISH Network” plus “Interest expense, net of amounts capitalized” net of “Interest income,” “Income tax (provision) benefit, net” and “Depreciation and amortization.” EBITDA is not a measure determined in accordance with accounting principles generally accepted in the United States (“GAAP”) and should not be considered a substitute for operating income, net income or any other measure determined in accordance with GAAP. EBITDA is used as a measurement of operating efficiency and overall financial performance and we believe it to be a helpful measure for those evaluating companies in the pay-TV industry. Conceptually, EBITDA measures the amount of income generated each period that could be used to service debt, pay taxes and fund capital expenditures. EBITDA should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Non-GAAP Reconciliation- EBITDA to Net Income $695 $742 $605 $807 $849 1Q14 2Q14 3Q14 4Q14 1Q15 EBITDA Dollars in millions Quarter To Date 3/31/2014 6/30/2014 9/30/2014 12/31/2014 3/31/2015 (In thousands) EBITDA.............................................................................................................................. 695,443 $ 741,657 $ 604,794 $ 806,943 $ 848,597 $ Interest expense, net................................................................................................... (161,830) (134,557) (129,296) (123,685) (147,819) Income tax (provision) benefit, net.......................................................................... (108,462) (121,892) (60,089) 13,603 (103,081) Depreciation and amortization................................................................................ (249,220) (271,895) (269,890) (286,931) (246,212) Net income (loss) attributable to DISH Network...................................................... 175,931 $ 213,313 $ 145,519 $ 409,930 $ 351,485 $ DISH QUARTERLY INVESTOR SUMMARY–1Q15

CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in thousands, except share amounts) (Unaudited) 8 March 31, December 31, Assets 2015 2014 Current Assets: Cash and cash equivalents................................................................................................................................................... 1,049,897 $ 7,104,496 $ Marketable investment securities....................................................................................................................................... 349,146 2,131,745 Trade accounts receivable - other, net of allowance for doubtful accounts of $15,895 and $23,603, respectively............................................................................................................................. 887,670 920,103 Trade accounts receivable - EchoStar, net of allowance for doubtful accounts of zero.......................................... 40,841 31,390 Inventory.................................................................................................................................................................................. 484,747 493,754 Deferred tax assets................................................................................................................................................................. 25,667 25,667 Derivative financial instruments........................................................................................................................................ 451,071 383,460 FCC auction deposits............................................................................................................................................................. 9,995,567 1,320,000 Other current assets.............................................................................................................................................................. 128,994 167,119 Total current assets................................................................................................................................................................... 13,413,600 12,577,734 Noncurrent Assets: Restricted cash and marketable investment securities ................................................................................................. 86,984 86,984 Property and equipment, net ............................................................................................................................................... 3,786,400 3,773,539 FCC authorizations................................................................................................................................................................. 4,968,171 4,968,171 Other investment securities ................................................................................................................................................ 327,250 327,250 Other noncurrent assets, net................................................................................................................................................ 342,800 337,530 Total noncurrent assets............................................................................................................................................................ 9,511,605 9,493,474 Total assets............................................................................................................................................................................ 22,925,205 $ 22,071,208 $ Liabilities and Stockholders' Equity (Deficit) Current Liabilities: Trade accounts payable - other........................................................................................................................................... 198,434 $ 165,324 $ Trade accounts payable - EchoStar..................................................................................................................................... 270,168 251,669 Deferred revenue and other.................................................................................................................................................. 917,144 891,373 Accrued programming........................................................................................................................................................... 1,500,079 1,376,130 Accrued interest...................................................................................................................................................................... 217,166 227,158 Other accrued expenses........................................................................................................................................................ 639,497 519,404 Current portion of long-term debt and capital lease obligations ............................................................................... 2,182,175 681,467 Total current liabilities............................................................................................................................................................. 5,924,663 4,112,525 Long-Term Obligations, Net of Current Portion: Long-term debt and capital lease obligations, net of current portion ........................................................................ 12,240,749 13,746,059 Deferred tax liabilities.......................................................................................................................................................... 1,938,598 1,882,711 Long-term deferred revenue, distribution and carriage payments and other long-term liabilities....................... 283,977 276,281 Total long-term obligations, net of current portion............................................................................................................ 14,463,324 15,905,051 Total liabilities..................................................................................................................................................................... 20,387,987 20,017,576 Commitments and Contingencies Redeemable noncontrolling interests.................................................................................................................................... 248,837 41,498 Stockholders’ Equity (Deficit): Class A common stock, $.01 par value, 1,600,000,000 shares authorized, 280,004,955 and 279,406,646 shares issued, 223,886,695 and 223,288,386 shares outstanding, respectively................................................. 2,800 2,794 Class B common stock, $.01 par value, 800,000,000 shares authorized, 238,435,208 shares issued and outstanding............................................................................................................... 2,384 2,384 Additional paid-in capital................................................................................................................................................... 2,700,376 2,678,791 Accumulated other comprehensive income (loss).......................................................................................................... 79,031 174,507 Accumulated earnings (deficit)........................................................................................................................................... 1,075,477 723,992 Treasury stock, at cost.......................................................................................................................................................... (1,569,459) (1,569,459) Total DISH Network stockholders’ equity (deficit)............................................................................................................... 2,290,609 2,013,009 Noncontrolling interests..................................................................................................................................................... (2,228) (875) Total stockholders’ equity (deficit)......................................................................................................................................... 2,288,381 2,012,134 Total liabilities and stockholders’ equity (deficit)...................................................................................................... 22,925,205 $ 22,071,208 $ As of DISH QUARTERLY INVESTOR SUMMARY–1Q15

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in thousands, except per share amounts) (Unaudited) 9 2015 2014 Revenue: Subscriber-related revenue........................................................................................................... 3,688,920 $ 3,556,187 $ Equipment sales and other revenue............................................................................................. 22,467 22,239 Equipment sales, services and other revenue - EchoStar........................................................ 12,841 15,772 Total revenue............................................................................................................................. 3,724,228 3,594,198 Costs and Expenses (exclusive of depreciation shown separately below): Subscriber-related expenses......................................................................................................... 2,162,766 2,069,132 Satellite and transmission expenses........................................................................................... 186,840 149,496 Cost of sales - equipment, services and other .......................................................................... 39,448 27,793 Subscriber acquisition costs: Cost of sales - subscriber promotion subsidies................................................................ 52,925 62,875 Other subscriber acquisition costs...................................................................................... 208,573 252,464 Subscriber acquisition advertising...................................................................................... 135,421 133,807 Total subscriber acquisition costs.............................................................................................. 396,919 449,146 General and administrative expenses......................................................................................... 208,180 203,113 Depreciation and amortization.................................................................................................... 246,212 249,220 Total costs and expenses........................................................................................................ 3,240,365 3,147,900 Operating income (loss)................................................................................................................. 483,863 446,298 Other Income (Expense): Interest income................................................................................................................................ 8,494 14,164 Interest expense, net of amounts capitalized............................................................................ (156,313) (175,994) Other, net........................................................................................................................................... 120,289 (5,189) Total other income (expense)................................................................................................. (27,530) (167,019) Income (loss) before income taxes.............................................................................................. 456,333 279,279 Income tax (provision) benefit, net.............................................................................................. (103,081) (108,462) Net income (loss)............................................................................................................................. 353,252 170,817 Less: Net income (loss) attributable to noncontrolling interests, net of tax.................. 1,767 (5,114) Net income (loss) attributable to DISH Network........................................................................ 351,485 $ 175,931 $ Weighted-average common shares outstanding - Class A and B common stock: Basic................................................................................................................................................... 462,090 458,422 Diluted............................................................................................................................................... 464,046 461,361 Earnings per share - Class A and B common stock: Basic net income (loss) per share attributable to DISH Network........................................... 0.76 $ 0.38 $ Diluted net income (loss) per share attributable to DISH Network....................................... 0.76 $ 0.38 $ For the Three Months Ended March 31, DISH QUARTERLY INVESTOR SUMMARY–1Q15

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) 10 2015 2014 Cash Flows From Operating Activities: Net income (loss)...................................................................................................................................... 353,252 $ 170,817 $ Adjustments to reconcile net income (loss) to net cash flows from operating activities: Depreciation and amortization........................................................................................................ 246,212 249,220 Realized and unrealized losses (gains) on investments.............................................................. (127,024) 1,521 Non-cash, stock-based compensation............................................................................................ 7,709 9,863 Deferred tax expense (benefit).......................................................................................................... 12,477 25,088 Other, net.............................................................................................................................................. 20,753 39,709 Changes in current assets and current liabilities........................................................................ 378,218 187,687 Net cash flows from operating activities from continuing operations........................................... 891,597 683,905 Net cash flows from operating activities from discontinued operations, net.............................. - (30,007) Cash Flows From Investing Activities: Purchases of marketable investment securities................................................................................ (13,507) (1,290,940) Sales and maturities of marketable investment securities............................................................. 1,802,460 1,575,374 Purchases of property and equipment................................................................................................. (274,260) (300,845) H Block FCC license deposit................................................................................................................... - (1,235,866) AWS-3 FCC license deposits................................................................................................................... (9,075,567) - AWS-3 FCC deposit refund...................................................................................................................... 400,000 - Other, net................................................................................................................................................... 3,282 36,832 Net cash flows from investing activities from continuing operations............................................ (7,157,592) (1,215,445) Net cash flows from investing activities from discontinued operations, net, including $0 and $0 of purchases of property and equipment, respectively............................................ - 20,847 Cash Flows From Financing Activities: Repayment of long-term debt and capital lease obligations.......................................................... (7,116) (7,724) Capital contributions from Northstar Manager and SNR Management........................................ 204,200 - Net proceeds from Class A common stock options exercised and stock issued under the Employee Stock Purchase Plan......................................................... 6,345 6,014 Other, net................................................................................................................................................... 7,967 1,915 Net cash flows from financing activities from continuing operations............................................ 211,396 205 Net increase (decrease) in cash and cash equivalents from continuing operations.................... (6,054,599) (531,335) Cash and cash equivalents, beginning of period from continuing operations........................... 7,104,496 4,700,022 Cash and cash equivalents, end of period from continuing operations....................................... 1,049,897 $ 4,168,687 $ Net increase (decrease) in cash and cash equivalents from discontinued operations................ - (9,160) Cash and cash equivalents, beginning of period from discontinued operations....................... - 9,160 Cash and cash equivalents, end of period from discontinued operations.................................. - $ - $ For the Three Months Ended March 31, DISH QUARTERLY INVESTOR SUMMARY–1Q15

RESULTS OF OPERATIONS 1Q15 VS. 1Q14 (In thousands) (Unaudited) 11 For the Three Months Ended March 31, Statements of Operations Data 2015 2014 Amount % Revenue: Subscriber-related revenue............................................................................................. 3,688,920 $ 3,556,187 $ 132,733 $ 3.7 Equipment sales and other revenue............................................................................... 22,467 22,239 228 1.0 Equipment sales, services and other revenue - EchoStar.......................................... 12,841 15,772 (2,931) (18.6) Total revenue............................................................................................................... 3,724,228 3,594,198 130,030 3.6 Costs and Expenses: Subscriber-related expenses........................................................................................ 2,162,766 2,069,132 93,634 4.5 % of Subscriber-related revenue.......................................................................... 58.6% 58.2% Satellite and transmission expenses.......................................................................... 186,840 149,496 37,344 25.0 % of Subscriber-related revenue.......................................................................... 5.1% 4.2% Cost of sales - equipment, services and other ......................................................... 39,448 27,793 11,655 41.9 Subscriber acquisition costs....................................................................................... 396,919 449,146 (52,227) (11.6) General and administrative expenses........................................................................ 208,180 203,113 5,067 2.5 % of Total revenue................................................................................................... 5.6% 5.7% Depreciation and amortization................................................................................... 246,212 249,220 (3,008) (1.2) Total costs and expenses.......................................................................................... 3,240,365 3,147,900 92,465 2.9 Operating income (loss)................................................................................................... 483,863 446,298 37,565 8.4 Other Income (Expense): Interest income.................................................................................................................. 8,494 14,164 (5,670) (40.0) Interest expense, net of amounts capitalized.............................................................. (156,313) (175,994) 19,681 11.2 Other, net............................................................................................................................. 120,289 (5,189) 125,478 * Total other income (expense)................................................................................... (27,530) (167,019) 139,489 83.5 Income (loss) before income taxes................................................................................ 456,333 279,279 177,054 63.4 Income tax (provision) benefit, net................................................................................ (103,081) (108,462) 5,381 5.0 Effective tax rate ........................................................................................................ 22.6% 38.8% Net income (loss)............................................................................................................... 353,252 170,817 182,435 * Less: Net income (loss) attributable to noncontrolling interests, net of tax.... 1,767 (5,114) 6,881 * Net income (loss) attributable to DISH Network.......................................................... 351,485 $ 175,931 $ 175,554 $ 99.8 Other Data: Pay-TV subscribers, as of period end (in millions).................................................... 13.844 14.097 (0.253) (1.8) Pay-TV subscriber additions, gross (in millions)....................................................... 0.554 0.639 (0.085) (13.3) Pay-TV subscriber additions, net (in millions)............................................................ (0.134) 0.040 (0.174) * Pay-TV average monthly subscriber churn rate ("Pay-TV churn rate")................... 1.65% 1.42% 0.23% 16.2 Pay-TV average subscriber acquisition cost per subscriber (“Pay-TV SAC”)......... 854 $ 862 $ (8) $ (0.9) Pay-TV average monthly revenue per subscriber (“Pay-TV ARPU”)......................... 86.01 $ 82.36 $ 3.65 $ 4.4 Broadband subscribers, as of period end (in millions)............................................ 0.591 0.489 0.102 20.9 Broadband subscriber additions, gross (in millions)............................................... 0.059 0.083 (0.024) (28.9) Broadband subscriber additions, net (in millions).................................................... 0.014 0.053 (0.039) (73.6) EBITDA.................................................................................................................................. 848,597 $ 695,443 $ 153,154 $ 22.0 * Percentage is not meaningful. Variance DISH QUARTERLY INVESTOR SUMMARY–1Q15

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS 12 Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of DISH Network Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information about such risks, uncertainties, and other factors is set forth in DISH Network Corporation’s Disclosure Regarding Forward-Looking Statements included in its recent filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2014 and its quarterly report on form 10-Q for the quarterly period ended March 31, 2015. The forward-looking statements speak only as of the date made, and DISH Network Corporation expressly disclaims any obligation to update these forward-looking statements. DISH QUARTERLY INVESTOR SUMMARY–1Q15