Sequans Capitalization and 5G Taurus Launch

. Building 5G Partnerships 5G Partnerships Deliver Benefits to Sequans and Our Partners 2019 - major $35+ million strategic partnership with Fortune Global 500 company • 2020 - announced a technology access and license agreement with Renesas • 2021 - appointed leader of 5G project consortium funded by French government • 2022 - recent $50+ million strategic partnership expands addressable market to China, with potential for royalty revenue over 10 years starting in 2025 SEQUANS Taurus 5G Addresses Multiple Challenges for Partners IoT Focus Sovereignty taurus Extensive Cellular Expertise Avoid Single Vendor O2023 Sequans Communications 15

View entire presentation