Eutelsat Communications - Major Shareholding Notification 2025

National Storage Mechanism | Additional information

Holding(s) in Company - Amendment

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

FR0010221234

Issuer Name

EUTELSAT COMMUNICATIONS

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

The French State

City of registered office (if applicable)

Paris

Country of registered office (if applicable)

France

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

03-Jul-2025

6. Date on which Issuer notified

09-Jul-2025

7. Total positions of person(s) subject to the notification obligation


.	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	13.590000	0.000000	13.590000	64586426
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares


Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
ISIN FR0010221234	64586426	0	13.590000	0.000000
Sub Total 8.A	64586426		13.590000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))


Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights

Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))


Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights

Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.


Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

The crossing of the threshold follows the off-market acquisition of 64,586,426 shares of Eutelsat Communications S.A. by the French State, acting through the Agence des participations de l'Etat, from Bpifrance Participations S.A., carried out on 3 July 2025. This acquisition was carried out as part of the Company's contemplated equity raising, as described in the press release published on the Company's website on 19 June 2025, through two capital increases, the first for an amount of €716 million, reserved for the Agence des participations de l'Etat and the Eutelsat Communications S.A.'s reference shareholders and the second for an amount of €634 million, with preferential subscription rights.

12. Date of Completion

09-Jul-2025

13. Place Of Completion

Paris, France