Updated Revenue Objectives and Growth Capacity

VIDEO DRIVERS: CHANNEL GROWTH IN EM AND IMAGE QUALITY CHANNEL GROWTH TV CHANNELS IN EMEA AND LATAM INCREASED IMAGE QUALITY HD PENETRATION RATE BY MAJOR REGION CAGR: +0.1% ~22,400 >22,500 ETL footprint IIIIII 40% 28% Russia and Central Asia 21% 13% 23% SSA 11% 48% MENA 36% 49% LATAM 37% Central 44% 2020 2021 2022 2023 2024 Europe 30% Western Europe North America 2024 2020 58% 40% 58% 43% EUTELSAT Predominantly driven by emerging Video markets Source: Euroconsult 2021 Everywhere, including mature Video markets | 8

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