Satellite Connectivity Market Opportunity

FIXED CONNECTIVITY FY revenues of €178m, down 2.3% YoY like- for-like 172 178 41 Q4 Wholesale agreements with Orange, TIM, Hispasat and Swisscom Q4 49 • Ramp-up of the African operations 44 Q3 Q3 • In Fixed Data, improved volume trends partly offset negative impact of ongoing competitive pressure on prices. 43 47 Q2 41 22 Q2 Q4 revenues of €41m, down 16.0% YoY like- for-like and down 6.9% QoQ 1 Tougher comparison basis with positive one-off of c. €2.5 million in the Fourth Quarter last year. EUTELSAT Q1 39 46 Q1 FY 2021-22 FY 2022-23 1 At constant currency and perimeter 16% 42

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