UNITED STATES SECURITIES AND EXCHANGE COMMISSION ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR Washington, D.C. 20549 FORM 20-F þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

Sequans Communications S.A. SPON ADS EA REPR 4 ORD SHS (POST SPLIT) (NYSE:SQNS) Q4 2023 Earnings Conference Call March 7, 2024 8:00 AM ET Company Participants Kim Rogers - MD, Hayden IR Georges Karam - Chairman and CEO Deborah Choate - CFO Conference Call Participants Operator Good morning, ladies and gentlemen and welcome to the Sequans Fourth Quarter and Full Year 2023 Results Conference Call. All participants are in a listen-only mode. As a reminder, this conference is being recorded. [Operator Instructi ...

"In the fourth quarter of 2023, our product revenue increased significantly on a sequential basis, indicating a positive trend of growth in this revenue stream that we expect to continue throughout 2024 from the ramp in the shipment of LTE-MNB-IoT Monarch 2 and Cat 1 Calliope 2," stated Georges Karam, CEO of Sequans. "We are extremely pleased with the launches of new projects into mass production by our customers and the improvement in backlog. Furthermore, we expect this momentum to continue into 2025 as n ...

NEWS Sequans Communications Announces Third Quarter 2023 Financial Results PARIS - November 2, 2023 - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the third quarter ended September 30, 2023 Third Quarter 2023 Summary Results Table: | (in US$ millions, except share and per share data) | Q3 2023 | Q2 2023 | Q3 2022 | | --- | --- | --- | --- | | Revenue | $7.8 | $9.2 | $16.5 | | Gross profit | 6.7 | 7.5 | 12 ...

Start Time: 08:30 January 1, 0000 8:56 AM ET Sequans Communications S.A. (NYSE:SQNS) Renesas Tender Offer Transaction Conference Call August 07, 2023, 08:30 AM ET Company Participants Georges Karam - Chairman and CEO Deborah Choate - CFO Kim Rogers - MD, Hayden IR Conference Call Participants Operator Welcome to the Sequans Communications' Ranger Announcement Conference Call. At this time, all participants will be in a listen-only mode. Later, we will conduct a question-and-answer session. I would now turn ...

Exhibit 99.1 EXECUTION VERSION MEMORANDUM OF UNDERSTANDING BY AND BETWEEN RENESAS ELECTRONICS CORPORATION AND SEQUANS COMMUNICATIONS S.A. DATED AS OF AUGUST 4, 2023 TA B L E O F C O N T E N T S | P | a | g | e | A | RT | I | C | L | E | I | D | E | F | I | N | I | T | I | O | N | S | 2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Financial Data and Key Metrics Changes - The company's revenue for Q1 2023 was $11.9 million, a decrease of 14.3% year-over-year from $13.9 million in Q1 2022 and down from $15.9 million in Q4 2022 [32] - Gross margin reached a historic high of 78.5%, up from 68.1% in Q1 2022 and 75.3% in Q4 2022, primarily due to a higher proportion of licensing revenue [37] - The operating loss for Q1 2023 was $4 million, compared to a loss of $1 million in Q4 2022 and a loss of $2 million in Q1 2022 [33] - The net loss for Q1 2023 was $5 million or $0.10 per diluted ADS, consistent with the loss in Q4 2022, but down from a net income of $2 million in Q1 2022 [33] Business Line Data and Key Metrics Changes - Revenue from the Massive IoT segment accounted for approximately 28% of total revenue, with a sequential decline attributed to lower Cat 1 revenue due to inventory rationalization [16] - Broadband IoT revenue represented 72% of total revenue, driven by increased licensing and services revenue from 5G licensing deals, although it declined sequentially as expected [16] - The total pipeline increased to over $750 million in potential revenue, with 85% of Design Wins focused on Massive IoT projects [7][16] Market Data and Key Metrics Changes - The company is experiencing a rebound in customer projects, with three customers confirmed to resume production in 2023, contributing to a positive outlook for the second half of the year [27] - The company anticipates significant growth in the broadband segment, particularly with the Taurus 5G platform, which is expected to expand the addressable market by an additional $2 billion by 2025 [29] Company Strategy and Development Direction - The company is focused on expanding its 5G strategic partnerships and is optimistic about reaching new licensing agreements by the end of the year [6] - The strategy includes enhancing the product pipeline with new launches, particularly in smart metering applications, and leveraging partnerships to strengthen market presence [11][30] - The company aims to return to revenue growth in the second half of 2023, with plans to achieve profitability in the future [31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing discussions regarding 5G IP licensing and the potential for new strategic partnerships [6][46] - The company acknowledged the challenges posed by inventory rationalization and project delays but remains optimistic about the recovery trajectory in the second half of 2023 [10][26] - Management highlighted the importance of the Taurus 5G platform as a key driver for future growth, with expectations for significant revenue contributions starting in 2025 [29][70] Other Important Information - The company secured a $20 million private placement to strengthen its balance sheet, which will support ongoing strategic discussions [22] - Cash and short-term deposits totaled $5.3 million at the end of Q1 2023, reflecting cash used primarily for capital expenditures and debt service costs [58] - The company is exploring non-dilutive funding options from European and French government sources, which could provide up to $50 million [38][50] Q&A Session Summary Question: Clarification on 5G product development timeline and strategic partnerships - Management confirmed that scheduled payments from a key customer were received and that discussions with several serious customers are ongoing, with expectations to close deals this year [42][45] Question: Expected revenue ramp in the second half of 2023 - Management indicated that product revenue is expected to grow in the second half of 2023, driven by design wins and initial shipments of new products [47][49] Question: Update on European and French government grants - Management stated that the European financing process is longer, with expectations to know results by Q3 or early Q4, while the French project is currently under evaluation [50][69] Question: Potential impact of macroeconomic conditions on project delays - Management acknowledged the risk of project delays due to macroeconomic factors but emphasized strong demand in the market and ongoing customer engagement [92][94]

NEWS Sequans Communications Announces First Quarter 2023 Financial Results PARIS - May 3, 2023 - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the first quarter ended March 31, 2023. First Quarter 2023 Summary Results Table: | (in US$ millions, except share and per share data) | Q1 2023 | Q4 2022 | Q1 2022 | | --- | --- | --- | --- | | Revenue | $11.9 | $15.9 | $13.9 | | Gross profit | 9.3 | 12.0 | 9.5 | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

Strategic Options and Transactions - The company announced the formation of a special committee to explore strategic options, receiving interest from multiple parties for potential transactions[6]. - The company has engaged an investment bank to assist in evaluating and pursuing strategic alternatives[6]. - The company is currently discussing multiple IP licensing opportunities to strengthen its position for strategic alternatives[6]. - There is no assurance that current discussions will lead to new IP licensing arrangements or strategic transactions[8]. Financial Activities - A private placement of ordinary shares (ADSs) is expected to raise $10-20 million from existing institutional accredited investors[7]. - The price per ADS for the private placement will be determined based on the closing price on April 3, 2023, or the average closing price for the five trading days prior[7]. - The private placement is anticipated to close on or about April 5, 2023[7]. - The company intends to reinforce its balance sheet to negotiate from a position of strength[7]. Market Environment and Risks - The company is in a competitive and rapidly changing environment, with new risks emerging over time[8]. - The forward-looking statements reflect the company's current beliefs and expectations, subject to risks and uncertainties[8].