Analyst Coverage

Please refer to the following analysts for Sierra Wireless coverage*:

Firm Analyst Firm Website
Auriga, USA     Kevin Dede

www.aurigausallc.com
Avondale Partners John Bright www.avondalepartnersllc.com
BMO Capital Markets Kevin Manning www.bmocm.com
Canaccord Genuity Mike Walkley www.canaccordgenuity.com
CIBC World Markets Todd Coupland www.cibc.com
GMP Securities Sera Kim www.gmpsecurities.com
Jefferies & Company Peter Misek www.jefferies.com
Paradigm Capital Daniel Kim www.paradigmcapinc.com
Raymond James Steven Li www.raymondjames.ca
RBC Capital Markets Paul Treiber www.rbc.com
Salman Partners Inc. Naser Iqbal www.salmanpartners.com
Scotia Capital Markets Gus Papageorgiou www.scotiacapital.com

*The analysts listed above follow Sierra Wireless. The opinions, estimates or forecasts regarding Sierra Wireless performance made by these analysts are theirs alone, and do not represent any opinions, forecasts or predictions of Sierra Wireless, or its management. Sierra Wireless does not distribute the analysts' reports, and by its reference above does not imply any endorsement of or concurrence with such analyst information, conclusions or recommendations.