Corporate Overview

May 30, 2012

Safe Harbour

Certain statements in this presentation, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties that face the Company; such statements may contain such words as “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, and may be based on management’s current assumptions and expectations related to all aspects of the wireless and wireline telecommunications industries and the global economy. There can be no assurance that any statements of forward-looking information contained in this document will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Except as required by applicable laws, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. Readers are cautioned not to place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Additional information identifying risks and uncertainties relating to the Company’s business are contained under the heading “Risk Factors” in WiLAN’s current Annual Information Form and its other filings with the various Canadian securities regulators which are available online at www.sedar.com.

Unless otherwise noted, all dollar amounts are in United States currency.

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• Leader in IP licensing

• TSX (WIN) and NASDAQ (WILN)

• Corporate headquarters in Ottawa, Canada US headquarters in Miami, Florida

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WiLAN

Monetizing patents is becoming “business as usual”

• Growing awareness of the value of patents

• Companies exploring how to unlock value

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Business Model

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GLADIOS IP

License partner owned patents

CORE

License owned patents

STRATEGIC/LARGE MEDIUM SMALL

WIRELESS ACCESS TV & DIGITAL DISPLAY CLOUD COMPUTING

INTELLECTUAL PROPERTY LICENSING

REVENUE

Business Model

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Licenses owned patents Licenses partner owned patents

Licensing Success

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FY 2011 Settled all major litigations from 2007 to 2010 19 COMPANIES LICENSED

6 Years of Backlog 5 YEARS OF BACKLOG

Licensing Success

COMPANIES LICENSED

AGREEMENTS WORTH 100’s OF MILLIONS

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255 +

Agreement Types

• 80% Fixed Payments

• 20% Running Royalties

Revenue Growth

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ANNUAL REVENUE INCREASE

+ CASH REVENUES

2006 2007 2008 2009 2010 2011 2005

$1.9M $17.5M

$25.9M $30.6M

$49.2M

$105.8M

$0

OVER $100M IN 5 YEARS

+

115% INCREASE

$4.8M $2.5M

($1.4M!)

Positive Earnings

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2004 2005 2006 2007 2008 2009 2010 2011

($5.9M)

($23.9M)

$9M $4.8M

$71.5M

+ Adjusted Earnings are earnings from continuing operations before stock-based compensation expense, depreciation and amortization expense, interest expense, unrealized foreign exchange gains or losses, provision for income taxes and certain other non-cash, one-time, or non-recurring charges

! Continuing operations

Adjusted Earnings+

2011: 5th consecutive cash flow positive year

Strong Balance Sheet

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Net cash* $200M

Long-term debt $0

Deferred tax assets $22M

Annual dividend CDN $0.12

Share buyback (2011 and 2012) + CDN $14.6M

* At December 31, 2011, net of the cash required to retire the debenture in January 2012 + Expenditure in FY 2011 and to date in FY 2012

Q1 2012 Highlights

• Revenue of $24.7M, 14% above guidance

• Adjusted earnings of $15.4M, up 46% year over year

• Quarterly dividend of CDN $0.03 per share

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Q1 2012 Highlights

• Launched litigation against Research in Motion

• Partner, 01Communique, launched litigation against Bomgar Corporation

• Hired Chief Operating Officer, Michael Vladescu

• Established US Headquarters in Miami, Florida

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Q2 Financial Guidance

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Revenue+ $19.7M

Operating Expenses $11M to $13.5M

Adjusted Earnings $6.6M to $9.1M

+ Actual revenues reported may exceed the guidance provided due to the receipt of royalty reports, signing of new license agreements and completion of licensee audits, all after the guidance is provided.

Core Programs

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Large and Growing Patent Portfolio

20 270 300

750 970

3,000+

2006 2007 2008 2009 2010 2011

Number of Patents and Applications

Core Programs

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Cellular infrastructure 70%

Handset 80%

Cloud computing 95%

TV & Display 70%

Wi-Fi, DSL, Bluetooth, other 15%

Global Equipment Market - Percentage Unlicensed

Core Programs

Over $1.5 Trillion

Wi-Fi, DSL, Bluetooth

TV & Display

Handsets

Cellular Infrastructure

Cloud Computing

$80B

$920B

$250B $140B

Unlicensed Global Equipment Market - 5 Years*

* Estimated using market research data from various sources including Display Search, Dell’Oro, Strategy Analytics, IDC, WiLAN

$40B

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License Opportunities

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Prospects Products In Litigation

Cellular infrastructure Yes

Cellular handsets

Yes

Cellular infrastructure Yes

Cellular handsets Yes

Cellular handsets Yes

Cellular handsets Yes

Cellular handsets Yes

Digital televisions Yes

Prospects Products In Litigation

Digital televisions No

Cellular handsets No

Cellular handsets No

Digital televisions No

Digital televisions No

Digital televisions No

Gladios IP

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• Established in 2010 as a subsidiary of WiLAN

• Mandate:

• Form strategic licensing partnerships with large, medium and small IP holders

• Establish customized licensing programs • Generate significant licensing revenues

without necessarily requiring transfer of title on assets

Gladios IP

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REMOTE ACCESS

7 PARTNERSHIPS ADDRESSING LARGE MARKETS

GAMBLING

ANNUAL MARKET

$100B+ INTERNET

ADVERTISING

NETWORKING TECHNOLOGY

ONLINE GAMING

NETWORK ACCESS

Strengthening Our Business

• Reduce agreement term

• US headquarters – Florida

• Continue to invest in R&D

• Divest non-core assets

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World-Class Team

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Michael Vladescu COO

Shaun McEwan CFO

Matt Pasulka VP Patent Litigation

Paul Lerner Senior Legal

Counsel

Dan Henry VP Business Development

Jim Skippen CEO

Education and Designations*

Engineers 32

Masters/PhDs 27

Lawyers 9

MBAs 3

Patent Agents 6

Accountants 2

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Key Litigations

COURT: Texas 3GPP Case

HSPA

Defendants

Technology

2012 2013

Markman – April 2012

Trial – April 2013

Mediation

Key Litigations

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Wi-Fi, CDMA

Defendant

Technology

2012 2013

Markman – February 2013

Trial – August 2013

HTC Case COURT: Texas

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Key Litigations

Wi-Fi, CDMA

2012 2013 2014

Markman – February 2013

Trial – March 2014

COURT: Texas Handset2 Case

Defendant

Technology

COURT: New York

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Key Litigations

V-Chip

2012 2013

Appeal Hearing – Q4 2012 (estimated)

Trial – Q4 2013 (estimated)

Defendant

Technology

LG Case

COURT: Florida

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Key Litigations

Bluetooth, Email/Text Editing

2012 2013

Trial – Q1 2013 (estimated)

RIM Case

Defendant

Technology

Bomgar (01 Communique) Case

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Key Litigations

Remote Access

2012

Trial – August 2012

Defendant

Technology

COURT: Virginia

ANALYSTS TSX: WIN NASD: WILN

Public Market Presence

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Analyst Rating

Byron Capital Markets Buy

Canaccord Genuity Buy

CIBC World Markets Sector Outperform

Craig-Hallum Capital Buy

Davenport & Co. Buy

Fraser Mackenzie Strong Buy

Northland Capital Sector Outperform

Paradigm Capital Buy

Versant Partners Buy

All Recommend “Buy”

Conclusion

• Licensing success has driven strong financial performance

• Beginning to realize business potential

• Robust growth strategy

• Foundation necessary to deliver results

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