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Investor Presentaiton

BROADCAST ▸ H1 revenues of €351m, down 7.5% YoY like-for-like¹ Lower revenues in Europe reflecting particularly the carry-forward effect of the slowdown in pace of new business last year Temporary headwind of the partial renewal of capacity with Nilesat at 7/8 W 379 351 Q2 188 Negative impact of circa one point reflecting a positive one-off in Q1 FY 21 as well as lower revenues from Fransat 173 Q2 70 ► Q2 revenues down 8.6% YoY and 3.1% QoQ Q1 191 178 Q1 ▸ Trend expected to progressively improve • Easier comparison basis in H2 Gradual resale of the capacity at 7/8 W EUTELSAT H1 2020-21 H1 2021-22 1 At constant currency and perimeter 62% | 30

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