Call Start: 08:00 January 1, 0000 8:52 AM ET Sequans Communications S.A. (NYSE:SQNS) Q4 2022 Earnings Conference Call February 14, 2023, 8:00 am ET Company Participants Kim Rogers - MD, Hayden IR Georges Karam - Chairman & CEO Deborah Choate - CFO Conference Call Participants Scott Searle - ROTH Craig Ellis - B. Riley Nick Doyle - Needham & Company Operator Greetings, and welcome to the Sequans Communications S.A. Fourth Quarter 2022 Financial Earnings Call. At this time, all participants are in a listen-on ...

Massive IoT Business – Product & End Markets Low Power + Low Cost Solutions Broadband IoT Massive IoT Source: ABI Research, Techno Systems Research and Sequans' estimates ©2023 Sequans Communications 6 ©2023 Sequans Communications 4 We are Capitalizing on Two Major Technology Trends Leveraging a strong track record of execution in 4G for the emerging 5G market | --- | --- | --- | --- | --- | --- | |--------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | ...

Sequans Communications S.A. (NYSE:SQNS) Q3 2022 Earnings Conference Call November 2, 2022 8:00 AM ET Company Participants Kimberly Rogers - IR Georges Karam - President and CEO Deborah Choate - CFO Conference Call Participants Scott Searle - ROTH Capital Partners Craig Ellis - B. Riley Securities Nicholas Doyle - Needham and Co. Operator Greetings, and welcome to Sequans Communications S.A. Third Quarter 2022 Financial Results Call. At this time all participants are in a listen-only mode. A question-and-ans ...

Sequans Communications S.A. (NYSE:SQNS) Q2 2022 Earnings Conference Call August 2, 2022 8:00 AM ET Company Participants Kimberly Rogers - Investor Relations Georges Karam - President and Chief Executive Officer Deborah Choate - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners Craig Ellis - B. Riley Securities Michael Walkley - Canaccord Genuity Operator Greetings, and welcome to Sequans Communications S.A. Second Quarter 2022 Financial Results Call. At this time all ...

| --- | --- | --- | --- | --- | --- | |--------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Sequans Investor Presentation | | | | | | | August 2022 | | | | | | | Dr. Georges Karam, CEO Deborah Choate, CFO | | | | | | Safe Harbor This presentation contains projections and other forward-looking statements regarding future events, including the expected execution of a new strategic agreement, and our future ...

NEWS Sequans Communications Announces Second Quarter 2022 Financial Results PARIS - August 2, 2022 - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Summary Results Table: | (in US$ millions, except share and per share data) | Q2 2022 | Q1 2022 | Q2 2021 | | --- | --- | --- | --- | | Revenue | $14.2 | $13.9 | $12.9 | | Gross profit | 8.6 | 9.5 | 7.3 ...

| --- | --- | --- | --- | --- | --- | |--------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Sequans Investor | | | | | | | Presentation | | | | | | | May 2022 | | | | | | | Dr. Georges Karam, CEO Deborah Choate, CFO | | | | | | Safe Harbor This presentation contains projections and other forward-looking statements regarding future events, including strategic agreements, or our future financ ...

Sequans Communications S.A. (NYSE:SQNS) Q1 2022 Earnings Conference Call May 3, 2022 8:00 AM ET Company Participants Georges Karam - President and Chief Executive Officer Deborah Choate - Chief Financial Officer Kim Rogers - Investor Relations Conference Call Participants Scott Searle - ROTH Capital Partners, LLC Michael Walkley - Canaccord Genuity, Inc. Craig Ellis - B. Riley Securities Tristan Gerra - Robert W. Baird & Company Operator Greetings, and welcome to the Sequans Communications First Quarter 202 ...

Financial Performance - Revenue for Q1 2022 was $13.9 million, a 12.7% increase year-over-year and a 0.6% increase sequentially from Q4 2021[3] - Gross profit for Q1 2022 was $9.5 million, resulting in a gross margin of 68.1%, up from 50.1% in Q1 2021 and 57.1% in Q4 2021[3] - The operating loss narrowed to $2.0 million in Q1 2022, compared to $4.0 million in Q4 2021 and $5.8 million in Q1 2021[3] - Net profit for Q1 2022 was $2.0 million, or $0.04 per diluted ADS, compared to a net loss of $7.7 million in Q4 2021 and $11.4 million in Q1 2021[9] - Non-IFRS net loss for Q1 2022 was $1.8 million, an improvement from $5.1 million in Q1 2021[10] - Total revenue for Q1 2022 was $13.891 million, a slight increase of 0.6% from $13.810 million in Q4 2021 and a significant increase of 12.8% from $12.321 million in Q1 2021[19] - Product revenue decreased to $5.925 million in Q1 2022, down 14.5% from $6.924 million in Q4 2021 and down 30.5% from $8.548 million in Q1 2021[19] - Services and license revenue increased to $7.966 million, up 15.7% from $6.886 million in Q4 2021 and up 111.5% from $3.773 million in Q1 2021[19] - Gross profit for Q1 2022 was $9.455 million, representing a gross margin of approximately 68% compared to $7.888 million in Q4 2021[19] - Operating loss narrowed to $1.972 million in Q1 2022, an improvement from a loss of $4.029 million in Q4 2021 and $5.830 million in Q1 2021[19] - The company reported a net profit of $2.019 million in Q1 2022, a significant turnaround from a net loss of $7.718 million in Q4 2021 and $11.420 million in Q1 2021[19] - Basic loss per ADS improved to $0.05 in Q1 2022, compared to a loss of $0.21 in Q4 2021 and $0.33 in Q1 2021[19] Cash and Assets - Cash and cash equivalents totaled $26.3 million as of March 31, 2022, compared to $4.8 million at the end of 2021[11] - Cash and cash equivalents increased to $9.803 million at the end of Q1 2022, up from $4.835 million at the end of Q1 2021[21] - Total assets grew to $110.934 million as of March 31, 2022, compared to $89.564 million at December 31, 2021[20] - Research tax credit receivable increased to $7.136 million, up from $5.863 million at the end of Q4 2021[20] Business Growth and Strategy - The LTE-M/NB business, particularly the Monarch product family, grew over 125% year-over-year and more than 24% sequentially[3] - Management expects gross margin to remain above 55% in Q2 2022, driven by service and licensing revenue[6] - A new strategic partnership is expected to fully fund the remaining 5G investment in the Taurus platform, with a definitive agreement anticipated by June 30, 2022[4] Risks and Challenges - The company is closely monitoring potential business hurdles, including supply chain disruptions and geopolitical tensions[4]

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, 2021 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 ...