Updated Revenue Objectives and Growth Capacity

AN ATTRACTIVE ENTRY POINT IN LEO FOR EUTELSAT EUTELSAT OPPORTUNITY Number of possible global constellations is limited to 4-6 by regulatory, physical and operational constraints The total cost for a standalone constellation amounting to several $bn TIMING OneWeb now well funded ► Supported by a diversified shareholder base Partial coverage now available in the northern hemisphere with first distribution partners onboarded Full global coverage by end-2022 PRICING $715m to become a leading shareholder in a promising growth asset (largely financed by gross C-Band proceeds) ► Opportunity to buy a high potential asset with scalable technology Investment compatible with our hurdle rates even in a stretched scenario | 55

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