Updated Revenue Objectives and Growth Capacity slide image

Updated Revenue Objectives and Growth Capacity

SUBSTANTIAL LONG-TERM OPPORTUNITY IN NON-BROADBAND CONNECTIVITY Addressing multiple verticals worth almost $10bn VERTICALS FIXED DATA KEY APPLICATIONS Mobile backhaul Corporate networks ► Community Broadband DRIVERS Network extension ► Growing Data usages Ubiquitous coverage need USO pressure 2029 MARKET1 10Y-CAGR² $3.2bn +7% GOVERNMENT Military/Security Polar coverage Civil government Defense budget increases ► Bandwidth-hungry usages Connecting remote sites. $3.0bn +11% ► Growing no of aircraft/ ships MOBILITY ► In-flight Connectivity ► Maritime Connectivity Improved equipment / take-up rates Enhanced service leading to higher usages $3.2bn +15% 1. Demand in 2029 based on Euroconsult assumptions @EUTELSAT 2. 2019-2029 compounded annual growth rate based on Euroconsult assumptions | 7
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