Satellite Connectivity Market Opportunity

GOVERNMENT SERVICES FY revenues of €143m, down 7.2% YoY like- for-like 1 ► Q4 revenues of €45m up 25.8% YoY like-for- like and up 45.0% QoQ 1 144 143 Q4 36 45 Q4 • One-off contract of €14m with the German space agency, DLR Q3 35 31 Q3 Q2 37 32 Q2 ➤ Excluding this impact, -14.2% YoY like-for-like Slightly improved trend versus First Half, thanks to a superior renewal rate in the Spring 2023 US DoD campaign of above 70% Q1 37 35 Q1 FY 2021-22 FY 2022-23 EUTELSAT 1 At constant currency and perimeter 12% | 40

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