FIRST QUARTER 2021-22 REVENUES

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Press release - 28 October 2021 17:48

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Operating Verticals revenues of 285 million, down 3.4%[1], in line with the mid-point of full year objectives

All financial objectives confirmed

Robust progress in Fixed Broadband roll-out with several new wholesale agreements

Additional investment in OneWeb which is gaining significant operational and commercial traction

Paris, 28 October 2021 - Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the First Quarter ended 30 September 2021.

Rodolphe Belmer, Chief Executive Officer of Eutelsat Communications, said: First Quarter Revenues are in line with our expectations, and we confirm our financial objectives for the current and subsequent years. Our broadcast activities continue to reflect the carry-forward effects of last year's Covid-related slowdown, but we are seeing signs of a return to normal with renewed commercial activity in Europe, while we are making progress on selling capacity at our popular 7/8 degrees West position following its partial renewal by Nilesat. At the same time, our growth drivers are now coming into their stride, notably with major deals secured for our broadband capacity in two more of Europe's largest markets, Germany and Spain, and ongoing traction in Africa. Moreover, EUTELSAT QUANTUM was successfully launched, and we have a strong pipeline of interest as it prepares for its imminent entry into service. This quarter also seen the strengthening of our commitment to OneWeb, where we are now the second largest shareholder, underpinning our key non-geostationary strategic pillar and which is gaining significant operational and commercial traction.

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FULL PRESS RELEASE: FIRST QUARTER 2021-22 REVENUES

Subjects

Electronic business, communication

Innovations, inventions

Network products

Telecommunication, mobile telephony

Telecom

Radio, TV

About Eutelsat Communications

Founded in 1977, Eutelsat Communications is one of the worlds leading satellite operators. With a global fleet of satellites and associated ground infrastructure, Eutelsat enables clients across Video, Data, Government, Fixed and Mobile Broadband markets to communicate effectively to their customers, irrespective of their location. Around 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Headquartered in Paris, with offices and teleports around the globe, Eutelsat assembles 1,200 men and women from 50 countries who are dedicated to delivering the highest quality of service.

Eutelsat Communications is listed on the Euronext Paris Stock Exchange (ticker: ETL).

For more about Eutelsat go to www.eutelsat.com

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C dric Pugni

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