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Investor Presentaiton

Video Services -16% of group revenue Enhancing Video offering and improving end viewer experience to support video resilience and business stickiness A Market forecast (IHS 2017) Backend/OTT service (EUR Million) ▲ Services development Revenue development (EUR Million) 336 329 319 +5.8% CAGR 11,186 8,921 317 330 329 Recent performance • SES New business bundling capacity and services supporting stable MX1 business HD+ a stable platform and enhancing experience to attract additional subs Accretive to the group 2017 2021 2015 LfL 2016 LfL Underlying 2017 Periodic Is +1.9% CAGR, if excluding cloud storage, for which MX1 offers private could environment Enhances SES offering all along Video value chain • EBITDA margin of 40-50% before internal transponder costs ▲ Enhances operational insight and improves business stickiness DIO 28 Encoding/ Transcoding Encryption Uplink Direct-to-Home Direct-to-Cable Digital Terrestrial Direct to IPTV headends 888 Media asset Playout management Encoding/ Transcoding Digital Rights Management Online Video Platform TV Tablet ☐ Smartphone Laptop Backend provider Infrastructure provider Experience provider 又 MX1 -10% of group revenue A Offers end-to-end solution to content owners and broadcasters: taking full responsibility for all technical, operational, logistical & distributional needs A Economies of scale MX1 leverages state of the art facilities to process all video distribution steps for more than 3,200 channels (satellite or internet-based) Constant innovations to embrace new technologies and offer best expertise to broadcasters: OTT, Cloud services and soon Virtual reality, Network offloading... ▲ Facilitates higher definition switch by providing 'UHD ready' capabilities ▲ Improves business stickiness with additional operational insight SES investor presentation I September 2018 HD +>5% of group revenue A Successful growth story: developing HD ecosystem in Germany, diversifying revenue streams for channels and SES and providing a great video experience to end viewers, and now with the addition of exclusive sports content HD+ package 23 private HD channels MAX V-XHD HD Оно Посно 003 N24 sportive and over 30 free-to-air channels HD+ Premium Eurosport-Paket EUROSPORT 2XTRA EUROSPORT PLAYER ▲ Leverages HD+ platform expertise for new markets or VoD Everywhere ▲ Generates “pull-through' satellite capacity sales for the group 18
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