Sequans Capitalization and 5G Taurus Launch

Massive loT Business – Go-to-Market Strategy - Leveraging Partners and Distribution Channels to Access Fragmented IoT Market Module Partners gemalto WNC Wistron NeWeb Corp. Ael AsiaTelco TECHNOLOGIES GEOTAB management by measurement UBIIK RENESAS OEM/ODM TOSHIBA Itron withings QUIDEL Honeywell COMCAST SERCOMM Global Distributors AVNET invoxia NAPCO SECURITY TECHNOLOGIES Building36. AN ALARM.COM COMPANY Digi-Key - Scale Our Sales Capability – increases addressable scope of applications and/or small volume markets Leverage Our Channel Partners Technology Partners / MCU Vendors - Majority of IoT devices integrate an MCU Current Relationships Cover 55-60% of Microcontroller Market Strengthens our position with Tier 1 customers • ELECTRONICS M MOUSER ELECTRONICS. RichardsonкrPU An Arrow Company Technology Partners MICROCHIP NXP RENESAS SKYWORKS BREAKTHROUGH SIMPLICITY * Examples of announced partners and customers SEQUANS • Integrating Monarch Platform for rapid go-to-market O2023 Sequans Communications 9

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