Sequans Capitalization and 5G Taurus Launch slide image

Sequans Capitalization and 5G Taurus Launch

Executing Growth Levers to Drive Future Performance Sequans is executing a growth strategy to deliver attractive financial performance by increasing lot applications served with Design Wins/Design-Ins advancing through its pipeline for Massive IoT and Broadband lot SEQUANS SEQUANS 1 Current sales pipeline represents 3-year life revenue projects exceeding $750 million, representing ~$100 million of annualized revenue at peak production in 2025/2026 2 3 Massive loT sales pipeline growth driven by smart city/metering segment market leadership, new design wins with Cat M/NB Monarch 2 and recently launched Cat 1 Calliope 2 5G Taurus platform targeting >$1.5 Billion SAM in 2025, sampling later this year and already generating significant interest from multiple tier-one customers O2023 Sequans Communications 11
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