Sequans Capitalization and 5G Taurus Launch

5G Licensing Platform Leveraging 5G IP to Build New Partnerships Scarcity of our 5G IP platform for Cellular loT attracting new strategic partners for large addressable markets that Sequans could not easily pursue alone • IP licensing agreement can provide license and royalty revenue streams over multiple years • Goal is to expand Sequans presence to new regions or market segments Currently engaged with several new target partners 5G taurus SEQUANS O2023 Sequans Communications 16

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