Eutelsat Investor Presentation Deck

FINANCIAL STRUCTURE ►Net Debt/EBITDA ratio of 3.53x ● ● ► Average cost of debt after hedging of 2.5% Versus 2.3% in H1 FY 21 Versus 3.09x as of 31 December 2020 and 2.88x at end June 2021 ● Reflecting timing of dividend payment and of One Web investment whereas only 25% of C-band proceeds have been received ► 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 3.09x 31 December 2020 3.53x 31 December 2021 46

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