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Investor Presentaiton

GEN-2 TO UNLOCK SIGNIFICANT VALUE AT OPTIMIZED COST Development to begin as soon as 2024 O OneWeb Market-informed design process Bottom-up market analysis for right-sizing Ancillary payload to enable fleet expansion at minimum marginal cost From 3 to 5 times the capacity of Gen-1 Bulkier and fewer satellites (c. 300) Lower cost per Mbit Leveraging on existing and future GEO infrastructure Focus capacity on high-demand area Reduce costs Inter-satellite link Significant savings, namely in ground infrastructure Improved average latency across the Globe Innovation on smaller terminals to unlock new uses EUTELSAT āœ“ Estimated saving of $1.5 to $1.8bn for a total confirmed cost of around $4.0 bn āœ“ Positive discussions with Government ECAs on financial support | 29
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