Eutelsat Investor Presentation Deck

PROFITABILITY ► H1 EBITDA margin of 76.4% at constant currency¹ down 0.6 points YoY ● ► Lower Opex ● ● Lower revenues ● Positive effect of changes in perimeter Lower Bad Debt Continued strict cost discipline in the legacy businesses ► LEAP 2: €24m savings in FY 22 now secured High-end of the €20-25m range 1 76.1% reported. ▸ EUTELSAT 484 EBITDA (€m) Margin at constant 77.0% currency H1 2020-21 436 76.4% H1 2021-22 The comparative financial statements as of 31 December 2020 have been restated with respect to the CVAE, which has been reclassified from "Selling, general and administrative expenses" to "Corporate income tax" for an amount of 2.1 million euros in order to align the presentation with the consolidated financial statements as of 31 December 2021. 42

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