Satellite Connectivity Market Opportunity slide image

Satellite Connectivity Market Opportunity

April-22 SUSTAINED POSITIVE COMMERCIAL RAMP-UP T OneWeb Telstra Deal announced in June 2023 May-22 Sustained commercial dynamic Secured backlog ($m) 600 800 + $300m since October 2022 900 May-23 June-23 One of the world's largest rollouts of Low Earth Orbit (LEO) backhaul for a commercial mobile network in Australia. ► Telstra and OneWeb will begin moving hundreds of existing remote mobile base stations currently using satellite backhaul to OneWeb's LEO solution from later in 2023. ► The strategic agreement has the potential to expand to up to 25 Gbit/s of LEO capacity. ▸ Enhancing the experience of Telstra's remote customers when using real-time applications such as voice and video calling and allowing the expansion of mobile coverage through new remote site deployment. June-22 July-22 August-22 September-22 October-22 November-22 March-23 January-23 February-23 December-22 April-23 ✓ Revenue objective of $50m by end-June 2023 achieved EUTELSAT (1) Includes the $275m Take-or-Pay Agreement with Eutelsat. 28
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