Telesat Investment Highlights

Demand for broadband continues to increase dramatically with users requiring low latency connectivity Global data consumption over telecom networks is expected to nearly triple between 2022-2027 + Internet, 5G and Cloud applications need low latency Petabytes 1,473,769 2019 2,603,144 2021 4,301,647 Note: 2019-2022 are actual numbers. Source: PwC's Global Telecom Outlook 2023-2027, Omdia TELESAT. 6,589,868 9,693,738 2023 2025 2027 D Cloud and 5G application performance degrades with higher latency VPN and secure encrypted links can time out over high latency links Interactive webpages and social media apps demand low latency 16

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