Investor Presentaiton

TRENDS IN OUR HERITAGE BUSINESSES BROADCAST TV ► Underlying trend in the last few years has been a low-single digit decline → Resilient channel line-up HD growth, improved compression → Europe / EM facing different trends ►FY 22 to decline more than average → Carry-forward effect of Covid- related slowdown in new business → Temporary headwind related to the partial renewal of Nilesat Improving trends thereafter with return to low single digit decline DATA & PROFESSIONAL VIDEO ► Global demand increase driven by rising connectivity needs Ongoing decline of GEO business albeit at a modest pace → Improved volume trends in Fixed Data largely offsetting price pressure → Professional Video in structural decline ►FY 22 decline broadly consistent with H1 trend (mid-single digit) ►NGSO to capture much of future growth in the long-term GOVERNMENT SERVICES ► Bandwidth-hungry usages, increasing defence budgets and remote connectivity needs to drive demand. growth ►FY 22 revenues to reflect low USG renewals due to the geopolitical context in MENA GEO to benefit from ETL Quantum upcoming flexible capacity and hosted payload opportunities on the medium- term ►NGSO to further broaden the market in the long-term EUTELSAT | 5

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