Satellite Connectivity Market Opportunity

VIDEO DRIVERS: CHANNEL GROWTH IN EM AND IMAGE QUALITY CHANNEL GROWTH TV CHANNELS IN EMEA AND LATAM INCREASED IMAGE QUALITY HD PENETRATION RATE BY MAJOR REGION CAGR: +0.1% ~22,400 >22,500 ETL footprint 40% 28% Russia and Central Asia 21% 13% 23% SSA 11% 2024 2020 48% MENA 36% 49% LATAM 37% Central 44% 2020 2021 2022 2023 2024 Europe 30% Western Europe North America 58% 40% 58% 43% Resilient TV channels line-up mainly driven by Emerging markets, a significant part of Eutelsat footprint EUTELSAT Source: Euroconsult 2021 HD penetration on Eutelsat footprint has room to grow compared to current overall market levels | 17

View entire presentation