Sequans Communications S.A. Shareholder Meeting Agenda

Sequans Communications S.A. is holding an ordinary and extraordinary general shareholders' meeting on June 30, 2026. Key agenda items include the approval of the 2025 statutory and consolidated financial statements, which reported a net loss of €46,221,912 and a consolidated loss of US$109,278,706, respectively. The meeting will also address the allocation of this net loss, a correction regarding the 2024 profit allocation, and the approval of related-party agreements and the compensation plan for non-executive directors. Director appointments and the reappointment of Ms. Maria Marced are on the agenda, alongside the acknowledgment of the end of terms for Mr. Hubert de Pesquidoux and Mr. Yves Maitre. The company proposes appointing Forvis Mazars S.A. as the new statutory auditor, replacing Ernst & Young Audit. Extraordinary matters include proposals for issuing stock subscription warrants to certain directors and external partners, and granting restricted free shares to employees, with an overall ceiling of 150,000,000 shares for these issuances. The Board of Directors is also seeking authority for capital increases up to €7,500,000 for strategic transactions and to amend terms of debt securities. Additionally, a by-law amendment to permit written director consultations and voting is proposed. The Board recommends voting FOR proposals 1-15 and 17, and AGAINST proposal 16, which concerns a capital increase reserved for employees.