Sequans Capitalization and 5G Taurus Launch

Key Take-aways • • ● Market leader with comprehensive 4G/5G technology for Massive, Broadband & Critical IoT Four primary growth drivers 2023 - 2026 • Massive loT with Monarch 2 design wins in pipeline moving to mass production Cat 1 Calliope 2 launch expanding pipeline and doubling Massive IoT SAM 5G IP Licensing and royalty revenue stream with new deals under discussion Broadband loT product pipeline expands with the launch of 5G Taurus in 2023 Growing pipeline • > $750 million of 3Y LNR projects revenue with ~50% secured in Design Wins . > $100 million of annualized product revenue potential from current customers SEQUANS O2023 Sequans Communications 17

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