Eutelsat Mergers and Acquisitions Presentation Deck slide image

Eutelsat Mergers and Acquisitions Presentation Deck

A SUCCESSFUL PARTNERSHIP STARTED IN APRIL 2021 Eutelsat's investment and partnership with OneWeb validated the business case for full integration ə INITIAL INVESTMENT IN APRIL 2021 Initial $550m investment announced in April 2021 followed by a $165m call option exercised in October, both closed ¹ Eutelsat is the second-largest shareholder of OneWeb with a 22.9% stake Eutelsat well represented in the governance of OneWeb with 3 board seats DISTRIBUTION AND COMMERCIAL PARTNERSHIPS SIGNED IN 2022 Distribution partnership signed in March 2022 to address key connectivity verticals deepening cooperation Exclusive commercial partnership signed today addressing mainly European and global cruise vertical JOINT TECHNICAL AND REGULATORY WORKSTREAMS ALREADY LIVE Shaping the future of satellite network from hybrid GEO-LEO infra and working jointly on Gen-2 design Considering possible mutualization of certain investments Leveraging Eutelsat institutional relationships and regulatory know-how to accelerate OneWeb market access Eutelsat-OneWeb coordination agreement signed (1) $165m call option exercised in October 2021 ($150m call option and $15m premium paid to Bharti), of which $30m called as of Dec-21 and remaining $135m to be called in upcoming quarters | 17
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