Eutelsat S.A. Announces the Results of the Tender Offer

Regulatory News:

EUTELSAT S.A. (Paris:ETL) (LSE:ETL):

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED (THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

EUTELSAT S.A.
(a joint-stock company (société anonyme) established under the laws of the Republic of France)
(THE “COMPANY”)

ANNOUNCES THE RESULTS OF THE TENDER OFFER

TO THE QUALIFYING HOLDERS OF ITS OUTSTANDING

€800,000,000 2.00 PER CENT. BONDS DUE 2025 (OF WHICH €800,000,000 ARE CURRENTLY OUTSTANDING) (ISIN: FR0013369493) (THE “EXISTING NOTES”);

TO TENDER ANY AND ALL OF THE EXISTING NOTES FOR PURCHASE FOR CASH ON THE TERMS AND SUBJECT TO THE CONDITIONS SET OUT IN FULL IN THE TENDER OFFER MEMORANDUM

This notice must be read in conjunction with the tender offer memorandum dated 25 March 2024 (the “Tender Offer Memorandum”). Capitalised terms used in this notice and not otherwise defined herein shall have the meanings ascribed to them in the Tender Offer Memorandum.

On 25 March 2024, the Company announced the launch of a Tender Offer to Qualifying Holders (as defined in the Tender Offer Memorandum). Under the terms of the Tender Offer, Qualifying Holders (subject to offer restrictions) were invited to tender their Existing Notes for purchase by the Company for a cash amount, equal to the Tender Consideration and the Accrued Interest Amount upon the terms and conditions of the Tender Offer as described in the Tender Offer Memorandum.

The Tender Offer expired at 5.00 p.m. Paris time on 3 April 2024.

Final results of the Tender Offer

The Company is pleased to announce the final results of the Tender Offer as follows:

Aggregate principal amount of Existing Notes tendered and accepted for purchase: €623,400,000

Accrued Interest in respect of Existing Notes tendered and accepted for purchase: 1.03279%

Aggregate principal amount of Existing Notes that remains outstanding after the Settlement Date: €176,600,000

Any charges, costs and expenses charged by the Qualifying Holders intermediary shall be borne by such Qualifying Holders.