Investor Presentaiton

FINANCIAL STRUCTURE ➤ Net Debt/EBITDA ratio of 3.53x • • Versus 3.09x as of 31 December 2020 and 2.88x at end June 2021 Reflecting timing of dividend payment and of OneWeb. investment whereas only 25% of C-band proceeds have been received ▸ Average cost of debt after hedging of 2.5% • Versus 2.3% in H1 FY 21 ▸ Average weighted maturity of 4.5 years • Versus 4.3 y at 31 Dec 2020 ▸ Strong liquidity • Cash and undrawn credit lines of c.€1.5bn EUTELSAT NET DEBT / EBITDA RATIO 3.53x 3.09x 31 December 2020 31 December 2021 49

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