Slide 1: Streaming the change
Streaming the change Approval, on May 19, 2022, of the Prospectus under number 22-163, consisting of the Registration Document approved on May 3, 2022 under number I.22-019, a financial operation and a summary of the Prospectus (included in the Securities Note) EURONEXT GROWTH ® PROJECT
Slide 2: One of the leading suppliers of video streaming technology
2010 Creation Outside of France 90% of 2021 revenues Revenue : €33M : 241 CAGR +40%*/year Tomorrow *CAGR 2015-2021 One of the leading suppliers of video streaming technology 2
Slide 3: ome —— Ls
ome —— Ls across 50 countries enjoy their favorite shows through Broadpeak Video streaming solutions ®
Slide 4: 3 challenges to overcome
53% 3 CHALLENGES TO OVERCOME QUALITY OF EXPERIENCE Netflix is the Quality Golden Standard of Data generated NETWORK CAPACITY GROWTH globally is due to Internet data traffic grows 25% every year video streaming activity(1) STREAMING AND THE ENVIRONMENT 306 million tons of CO2 of yearly emissions due
Slide 5: Our mission
OUR FOR THE AUDIENCE FOR STREAMING MISSION PROFESSIONALS A BEST-IN-CLASS A WORLD-CLASS We offer software solutions to EXPERIENCE! PERFORMANCE stream the content people love with a compelling Any Screen Avoid Churn quality of Experience Anytime ! Monetization Compelling Quality Reduce impact on of Ex
Slide 6: Our customers are in 3 universes
OUR CUSTOMERS ARE IN 3 UNIVERSES LEADERSHIP ACCELERATION CONQUEST PAY-TV & TELECOM OPERATORS (1) OTT PLATFORMS NEW MEDIA Total addressable market (2) TV & Total addressable market (3) OTT & new media (In M€) telecom operators (In M€) 2026 1 523 CAGR 2026 9 818 CAGR 2022 990 11% 2022 5 950 13% (1) 99
Slide 7: Our development is based on pillars
OUR DEVELOPMENT IS BASED ON 3 PILLARS INNOVATION INTERNATIONAL PERFORMANCES 114 R&D Engineers 90% of sales 40% CAGR over last (47% of Total Headcount) outside of France 6 years €40M invested in 125 customers Gross Margin > 80% in R&D since 2010 accross 50 countries 2021 Direct presence in EBITDA at
Slide 8: Over 10 years of innovation and customer success
OVER 10 YEARS OF INNOVATION AND CUSTOMER SUCCESS FOUNDATION & COMMERCIAL CLOUD PVR & MULTICAST PARTNERSHIPS WITH OTT + NEW TECHNOLOGY EXPANSION ABR ACCELERATION PLATFORMS MÉDIA 2010 2014 2015 2019 2020 2021 … 2022 … US OFFICES Creation 2019 : €10M operation Major cloudPVR & Multicast ABR projects 20
Slide 9: A seasoned, complementary and multicultural team
A SEASONED, COMPLEMENTARY AND MULTICULTURAL TEAM JACQUES FABRICE GUILLAUME DOMINIQUE LE MANCQ BELLANGER BICHOT COLOMBEL 241 STAFF MEMBERS ON DECEMBER 31 , 2021 ST Co-founder Co-founder and VP Director of Co-founder and Breakdown of the workforce by function and CEO International Sales Exploration CT
Slide 10: An international presence across 21 countries
AN INTERNATIONAL PRESENCE ACROSS 21 COUNTRIES REVENUE REVENUE EVOLUTION EVOLUTION IN 2021 IN 2021 VS 2020 VS 2020 REVENUE BREAKDOWN BY GEOGRAPHY EMEA +31.2% NAM +154.4% NAM APAC 12.3% APAC 7.2% +58.9% LATAM FRANCE 25.9% Headquarters LATAM 10.5% +21.2% Regional support offices Local representatives E
Slide 11: Performance & growth: a strong growth model
PERFORMANCE & GROWTH : A STRONG GROWTH MODEL REVENUE EVOLUTION (€M) & CAGR 35 33.1 2021 REVENUE BREAKDOWN +38% (YOY GROWTH & SHARE OF TOTAL REVENUE) 30 25 24.0 MAINTENANCE & SAAS 20 18.2 20.1% €6.7 M +41.7% 15 14.3 12.2 EQUIPMENTS 10 16.5% 7.9 CAGR €5.5 M ~40% LICENCES -8.8% 4.6 & SERVICES 5 63.4% €
Slide 12: A portfolio of high performance streaming solutions
A PORTFOLIO OF HIGH PERFORMANCE STREAMING SOLUTIONS 12
Slide 13: A video streaming pure-player, present across the chain
A VIDEO STREAMING PURE-PLAYER, PRESENT ACROSS THE CHAIN Content Preparation Main Streaming and Storage Functions Advanced Streaming capabilities ORIGIN DYNAMIC CDN & OPEN CDN MULTICAST TRANSCODE ANALYTICS 5G MEC & CLOUD PVR ADVERTISING STREAMING CACHING SELECTION ABR 5G Consumer Content Prep Streami
Slide 14: Solutions always one step ahead
ALWAYS ONE STEP AHEAD… 6 SAAS + 5 ANALYTICS SOLUTIONS 4 DYNAMIC ADVERTISING Control & 3 optimization An established MULTICAST ABR technological lead « Live streaming » Permanent enrichment of 2 CLOUD PVR the solutions catalog Record & replay of live tv events Extension of revenue potential on the in
Slide 15: Focus n°1: CDN & Streaming
FOCUS N°1 CDN & STREAMING STEERING AND OPTIMIZATION OF VIDEO STREAMS Live and On-demand streaming for any screens ADVANTAGES Open to 3rd party 1 content A COMPELLING QUALITY OF EXPERIENCE: • No rebuffering Dynamic Solution that • High Bitrate and Resolution • Low latency adapts in real time to a 2 s
Slide 16: Focus n°2: Cloud PVR
FOCUS N°2 CLOUD PVR RECORD & REPLAY OF LIVE TV EVENTS Records from one screen, avalable on any screen ADVANTAGES 1 Support for Capacity of up to 100s of Petabytes SUBSCRIBERS LOYALTY Storage optimization 2 that respects local regulation MONETIZATION THROUGH STORAGE QUOTAS TIERING Cold storage can be
Slide 17: Focus n°3: Multicast ABR
FOCUS N°3 MULTICAST ABR A DISRUPTING SOLUTION FOR “LIVE STREAMING” ADVANTAGES Guarantees a Live broadcast quality for Any screen 1 Wifi Access points and OFFER BROADCAST QUALITY STBs join the multicast FOR ANY LIVE EVENT and become part of the ACROSS ANY SCREEN CDN 2 Infinite Capacity: the same infr
Slide 18: Focus n°4: Dynamic Advertising
FOCUS N°4 DYNAMIC ADVERTISING THE ULTIMATE LEVEL OF PERSONALIZATION ADVANTAGES Ads preparation and Storage Dynamic and targeted insertion across any service and any screen 1 TARGETING AND ROI FOR ADVERTISERS 2 Compliant to industry NEW MONETIZATION standards OPPORTUNITIES FOR CONTENT for maximum PLA
Slide 19: Focus n°5: Analytics & Managed Services
FOCUS N°5 ANALYTICS & MANAGED SERVICES ADVANTAGES Data Collection across all screenS 1 MEASURE CUSTOMER Data analysis and SATISFACTION AND AVOID display via CHURN personalized dashboards 2 Filtering capabilities to DETECT ISSUES BEFORE THEY identy problems down BECOME CUSTOMER to user sessions COMPL
Slide 20: Focus n°6: broadpeak.io SaaS platform
FOCUS N°6 SINCE JANUARY 2022 BROADPEAK.IO IS OUR SAAS API PLATFORM FOR VIDEO STREAMING ADVANTAGES Immediate access Now to service 1 ADVANCED STREAMING No commitment, no NOW STREAMLINED IN OPEX advanced payment, MODE Pay as you use Total Transparency in terms of price, API or statistics 2 FLEXIBLE AN
Slide 21: Competition & coopetition within the value chain
COMPETITION & COOPETITION WITHIN THE VALUE CHAIN ORIGIN DYNAMIC CDN & OPEN CDN MULTICAST TRANSCODE ANALYTICS 5G MEC & CLOUD PVR ADVERTISING STREAMING CACHING SELECTION ABR 5G SOFTWARE OFFER SAAS OFFER 21
Slide 22: Our model
OUR MODEL A GROWTH MODEL THAT COMBINES NEW CUSTOMERS AND RECURRENT BUSINESS INNOVATION ONE BOOSTER OUR DNA OUR SAAS PLATFORM 22
Slide 23: Technology at the heart of the strategy
TECHNOLOGY AT THE HEART OF THE STRATEGY A DYNAMIC OF CONTINUOUS AND RECOGNIZED INNOVATION 1st patent in 2011 2021 1 An agile process Multicast 2020 close to our 2 ABR customer needs pioneer 2019 6 INNOVATING TOGETHER WITH GLOBAL 3 11 patent LEADERS Our Exploration 5 families group is dedicated to fu
Slide 24: Strong capacity to sign new deals, solid customer base
STRONG CAPACITY TO SOLID CUSTOMER SIGN NEW DEALS BASE Revenue evolution (€M) 33.1 24.0 Number of customers 125 100 2020 2021 81 Existing customers New customers TIER-1 Operator customer orders profile (€M) 4,3 2019 2020 2021 1,4 0,9 2019 2020 2021 Maintenance Licences & Equipments 24 & SaaS services
Slide 25: Growing more recurring revenues with our SaaS initiative
GROWING MORE RECURRING REVENUES WITH OUR SAAS INITIATIVE MORE THAN 40% OF RECURRING REVENUES SAAS PLATFORM & OTHER OPEX REVENUES LAUNCH OF OUR “STREAMING AS A SERVICE” SAAS PLATFORM COMPLETE THE SOFTWARE OFFER IN ENTERPRISE LICENSE + ON TOP OF OUR TERM LICENSE MORE THAN 20% OF SOFTWARE + RECURRING R
Slide 26: Finance: a profitable growth model
FINANCE A PROFITABLE GROWTH MODEL 26
Slide 27: P&L
P&L P&L (K€) 2020 2021 Variation % Equipments 5 993 5 466 -8.8% 16.5% of sales 2021 (25% in 2020) Licences & services 13 269 20 999 58.3% 63.4% of sales 2021(55,4% in 2020) Maintenance & Service As A Software (SaaS) 4 701 6 662 41.7% 20.1% of sales 2021(19,6% in 2020) Turnover 23 963 33 127 38.2% Pu
Slide 28: Balance sheet
BALANCE SHEET BALANCE SHEET (K€) 2020 2021 Intangible assets 3 253 4 823 R&D capitalization for €4.6M Tangible assets 945 1 493 Financial assets 170 191 Fixed assets 4 369 6 507 Inventory work in progress 34 343 AR for: €16,0M, Accrued income for €8.2M Account receivables 15 510 24 202 Other receiva
Slide 29: Cash flow statement
CASH FLOW STATEMENT CASH FLOW STATEMENT 2020 2021 In K€ Net income 1 410 4 118 Amortization and depreciation 695 550 Deffered tax variation (47) (7) change in accrued interest on loan 180 25 PPP loan forgiveness 0 (183) Operating cash flow 2 237 4 504 X2 vs 2020 Inventory and work in progress variat
Slide 30: Shareholding structure
SHAREHOLDING STRUCTURE EQUITY FOUNDED IN 2010 IN JULY 2019, 31 december 2021 BY 6 TECHNICOLOR BROADPEAK RAISES EMPLOYEES VIA A €10M FROM EUTELSAT SPINOFF PROJECT EUTELSAT 18.8% TECHNICOLOR 10.9% TECHNICOLOR BECOMES FOUNDERS & A SHAREHOLDER IN 2012 EMPLOYEES THROUGH AN IP ASSET 70.3% TRANSFER IN EXCH
Slide 31: Corporate social responsibility in action
CORPORATE SOCIAL REPSONSIBILITY IN ACTION EARLY CARREER Limited Moderate Advance Exemplary d FELLOWSHIP PROGRAM 0-25 25-50 50-75 75-100 Benchmar 38 k 58 Notation : march 2022 FOUNDING MEMBER OF GREENING OF STREAMING STRENGTHS STRENGTHS ASSOCIATION • Score of 58 • Industry average: 46 (+2 Vs • Qualit
Slide 32: Solid foundations to grow Broadpeak to the next level
SOLID FOUNDATIONS TO GROW BROADPEAK TO THE NEXT LEVEL ON COURSE FOR €100 MILLION(1) IN REVENUES (1) By 2026 32
Slide 33: Increase sales penetration, keep technology leadership, boost SaaS
INCREASE SALES PENETRATION For our existing software products & Saas offering KEEP OUR TECHNOLOGY LEADERSHIP Stay on top with our software solutions BOOST OUR SAAS INITIATIVES By adding more Apps to the broadpeak.io Platform 33
Slide 34: Keep our technology leadership: 4 priorities
KEEP OUR TECHNOLOGY LEADERSHIP Stay on top with our software solutions Continuously Leverage AI on improve our huge amount Quality of Mix own content & of data Experience 3rd party content CLOUD deployments 4 PRIORITIES 34
Slide 35: Increase sales penetration
INCREASE SALES PENETRATION For our existing software products & Saas offering Increase sales & marketing Common business efforts on our 3 segments development with • Pay-TV & Telecom Operators Hyperscalers • OTT platforms • Google Cloud • New Media • AWS • Microsoft Azure Open new territories in hig
Slide 36: Boost our SaaS initiatives
First applications already BOOST OUR SAAS INITIATIVES available: • Blackout management By adding more Apps to the • Targeted Ads broadpeak.io Platform R&D: By 2023, add all software components as an app Increase advertisement for the platform to generate more leads 3 DIRECTIONS FOR OUR « VIDEO AS A
Slide 37: Solid growth drivers
DES DRIVERS DE CROISSANCE SOLIDES TECHNOLOGY MARKET USERS Ultra broadband Operators become super Generalization Under way with fiber and agregators by partnering with more subscriptions, more OTT platforms 5G content watched Video is eating the world and Cloud migration everyone can become its own D
Slide 38: After a successful 2021, all indicators are green for 2022
We expect to grow AFTER A SUCCESSFUL 2021, ALL over €41M in 2022 i.e. INDICATORS ARE GREEN FOR 2022 an expected growth of around 25%. Target already secured Solid Backlog by more than 60% in the backlog New Customer wins Growth of 40% to reach will generate more €7.7 million in the first opportuniti
Slide 39: Our ambition: deliver €100M revenue within 5 years
OUR AMBITION: DELIVER 100 M€ REVENUE WITHIN 5 YEARS 2026 REVENUE €100M Of which 40% of recurring revenue (SaaS & Maintenance) EBITDA 2021 REVENUE 20% €33M Of which 20% of recurring revenues (SaaS & Maintenance) EBITDA 9% 39
Slide 40: Initial public offering: objectives and approach
INITIAL PUBLIC OFFERING OBJECTIVES AND APPROACH 40
Slide 41: Use of the funds raised
FINANCING INVESTMENTS IN INNOVATION, R&D AND TECHNOLOGICAL DEVELOPMENT OF THE SAAS PLATFORM ✓ Reinforcement of solutions for TV and telecom operators in the OTT segment ✓ Financing the ramp-up of the SaaS platform and its new applications DEDICATED TO SUPPORTING GROWTH ✓ Strengthening of sales teams
Slide 42: Distribution of the share capital
DISTRIBUTION OF THE SHARE CAPITAL Capital Capital Before capital increase After capital increase (in the event of the exercise of the Extension Clause and the Overallotment Option) EUTELSAT EUTELSAT 13.7% 18.8% TECHNICOLOR TECHNICOLOR 10.9% 8.0% PUBLIC 30.7% FOUNDERS FOUNDERS AND AND EMPLOYEES EMPLO
Slide 43: Characteristics of the operation
CHARACTERISTICS OF THE OPERATION IPO on Euronext Growth Paris: Public offering in France in the form of an "Open Price Offer" ("OPO"), (10% of the global offer reserved for individuals) - Private placement with institutional Type of investment investors in France and outside of France (excluding the
Slide 44: Transaction partners
TRANSACTION PARTNERS Associate Lead Associate Lead Listing Sponsor Arranger and Arranger and Bookrunner Bookrunner Legal advice Statutory Auditor Financial Communication 44
Slide 45: Operation schedule
OPERATION SCHEDULE Start of trading on the Euronext Growth Paris market Start of potential stabilisation period Deadline for exercising the Overallotment 13 June Option End of the potential Investment stabilisation period Settlement-delivery of period the OPO and PG From 20 May to 8 July 10 June 7 J
Slide 46: Why should you invest in Broadpeak?
WHY SHOULD YOU INVEST IN BROADPEAK ? A Global player in terms of A CAGR of ~40% since A clear visibility for 2022, solid ambitions for video streaming software 2015 featuring a profitable the future: €100M revenue in 2026 with an solutions in a growing $7B growth model EBITDA of 20% addressable mark
Slide 47: Streaming the change
Streaming the change EURONEXT GROWTH ® PROJECT