Eutelsat Investor Presentation Deck

AN ATTRACTIVE ENTRY POINT IN LEO FOR EUTELSAT EUTELSAT OPPORTUNITY TIMING PRICING Number of possible global constellations is limited to 4-6 by regulatory, physical and operational constraints The total cost for a standalone constellation amounting to several $bn ► Supported by a diversified shareholder base Partial coverage now available in the northern hemisphere with first distribution partners onboarded $715m to become a leading shareholder in a promising growth asset (largely financed by gross C-Band proceeds) Opportunity to buy a high potential asset with scalable technology Investment compatible with our hurdle rates even in a stretched scenario | 51

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