Investor Presentaiton

GOVERNMENT SERVICES H1 revenues of €74m, down 3.8% YoY like-for- like1 • Negative carry-forward effect of USG renewals in particular Fall 2021 campaign (75% renewal rate) affected by geopolitical context in MENA 77 74 Q2 39 39 · Partly offset by new business ► Q2 revenues down 5.9% YoY and 2.0% QoQ1 Q1 38 38 H2 to fully reflect the above-mentioned headwinds . Full effect of Fall 2021 renewals • Geopolitical context also expected to affect spring renewals EUTELSAT 37 Q2 70 37 Q1 H1 2020-21 H1 2021-22 1 At constant currency and perimeter 13% 32

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