Eutelsat Investor Presentation Deck

NET INCOME Extracts from the consolidated income statement in €m¹ Revenues EBITDA² Operating income Financial result Income tax Group share of net income EUTELSAT H1 2020-21 629 484 216 (47) (25) 137 H1 2021-22 572 436 276 (35) (57) 166 CHANGE -9.0% -10.0% +27.8% -27.0% +128.5% +20.8% Lower D&A reflecting notably KA-SAT disposal and end of depreciation period of certain assets Other operating income including phase 1 of C-band proceeds partly offset by asset impairments ► Favourable evolution of FX gains and losses Tax rate of 24% vs 15% last year 30% tax rate applied to C-band proceeds -€13m income from associates reflecting OneWeb Net margin of 29% versus 22% last year 1 The comparative financial statements as of 31 December 2020 have been restated with respect to the CVAE, which has been reclassified from "Selling, general and administrative expenses" to "Corporate income tax" for an amount of 2.1 million euros in order to align the presentation with the consolidated financial statements as of 31 December 2021. Figures are rounded to closest million; 2 EBITDA defined as operating income before depreciation, amortization, impairments and other operating income/(expenses) 43

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