| ASIATELCO |
ASIATELCO |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Asiatelco |
| HONEYWELL |
HONEYWELL |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Honeywell |
| LOCKHEED-MARTIN |
LOCKHEED-MARTIN |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Lockheed Martin |
| MATLOG |
MATLOG |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Matlog |
| MORNINGCORE |
MORNINGCORE |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • MorningCore |
| NANJING-CYGNUS-SEMICONDUCTOR-COMPANY-LTD |
NANJING-CYGNUS-SEMICONDUCTOR-COMPANY-LTD |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Nanjing Cygnus Semiconductor Company Ltd |
| ODM-PARTNER |
ODM-PARTNER |
92%
|
An ODM partner who represented less than 10% of our revenues in 2023, accounted for 15% of our 2024 revenues and 13% of our 2025 revenues |
| STRATEGIC-PARTNER-CHINA |
STRATEGIC-PARTNER-CHINA |
92%
|
A strategic partner accounted for 53% of our revenues in 2024 and 33% in 2025 |
| TELIT-CINTERION-DEUTSCHLAND-GMBH |
TELIT-CINTERION-DEUTSCHLAND-GMBH |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Telit Cinterion Deutschland GmbH |
| WITHINGS |
WITHINGS |
92%
|
The following is a list of our top ten customers (names given when we have permission), in alphabetical order, based on total revenue during 2025: • Withings |
| ASECL-ADVANCED-SEMICONDUCTOR-ENGINEERING-INC |
ASECL-ADVANCED-SEMICONDUCTOR-ENGINEERING-INC |
85%
|
s business model and use third-party foundries and assembly and test contractors to manufacture, assemble and test our semiconductor solutions. Our sole foundry vendor is TSMC, and currently we use t… |
| ASIATEL-TECHNOLOGIES-CO |
ASIATEL-TECHNOLOGIES-CO |
85%
|
) and Silicon Precision Industries Limited (SPIL) for most of our chipset assembly and testing. We use Asiatel Technologies Co. for manufacturing of our modules. We generally manufacture to our inter… |
| TSMWF |
Taiwan Semiconductor Manufacturing Company Limited |
85%
|
Reciprocal relationship from TSMWF graph: Reciprocal relationship from SQNS graph: Reciprocal relationship from TSMWF graph: Reciprocal relationship from SQNS graph: s Global supply chain shortages m… |
| TSMWF |
Taiwan Semiconductor Manufacturing Company Limited |
85%
|
s Global supply chain shortages may adversely affect our business. 14 Any disruptions to our supply chain, significant increase in component costs, or shortages of critical components, could decrease… |
| WNC-NEWEB-VIETNAM-CO-LTD |
WNC-NEWEB-VIETNAM-CO-LTD |
85%
|
Advanced Semiconductor Engineering, Inc. (ASEKH) and Silicon Precision Industries Limited (SPIL) and for most of our chipset assembly and testing. We rely on Asiatel Technologies Co. and WNC, NEWEB V… |
| ORANY |
ORANY |
72%
|
Reciprocal relationship from ORANY graph: Reciprocal relationship from SQNS graph: Reciprocal relationship from ORANY graph: Reciprocal relationship from SQNS graph: op solutions tailored for their r… |
| ORANY |
ORANY |
72%
|
op solutions tailored for their respective networks, which helped us secure several design wins and launch multiple products. For example, our LTE-M/NB-IoT Monarch 2 chipsets and module offerings hav… |
| QCOM |
QUALCOMM Incorporated |
72%
|
llowing are the primary elements on which companies in our industry compete: • time to market, functionality, form factor and cost; • product performance, as measured by network throughput, signal re… |
| QCOM |
QUALCOMM Incorporated |
72%
|
Reciprocal relationship from QCOM graph: Reciprocal relationship from SQNS graph: llowing are the primary elements on which companies in our industry compete: • time to market, functionality, form fa… |
| SWKS |
Skyworks Solutions, Inc. |
72%
|
Reciprocal relationship from SWKS graph: Reciprocal relationship from SQNS graph: Reciprocal relationship from SWKS graph: Reciprocal relationship from SQNS graph: Reciprocal relationship from SWKS g… |
| SWKS |
Skyworks Solutions, Inc. |
72%
|
certified cellular platform; • announced in December 2021, availability of GNSS positioning technology on Monarch 2 platform; • in December 2021, introduced Cat 1bis modules based on second-generatio… |
| ACP-ADVANCED-CIRCUIT-PURSUIT-AG |
ACP-ADVANCED-CIRCUIT-PURSUIT-AG |
62%
|
ACP Advanced Circuit Pursuit AG ("ACP"), a Swiss corporation with wholly-owned subsidiaries in China, Hong Kong and France. The subsidiaries in China and Hong Kong were subsequently closed, incurring… |
| BELL-SEMICONDUCTOR-LLC |
BELL-SEMICONDUCTOR-LLC |
62%
|
e and validity of our proprietary rights or the proprietary rights of competitors. These claims could result in costly litigation and the diversion of our technical and management personnel, and we m… |
| BINANCE-HOLDINGS-LTD |
BINANCE-HOLDINGS-LTD |
62%
|
ities laws and regulations. 19 Additional laws, guidance and policies may be issued by domestic and foreign regulators following the filing for Chapter 11 bankruptcy protection by FTX, one of the wor… |
| BITQUANS-HOLDINGS-LLC |
BITQUANS-HOLDINGS-LLC |
62%
|
. Organizational Structure The Company is the ultimate parent of the group comprised of the Sequans Communications S.A. and its subsidiaries at December 31, 2025: Name Country of incorporation Year o… |
| COINBASE-INC-BINANCE-HOLDINGS-LTD |
COINBASE-INC-BINANCE-HOLDINGS-LTD |
62%
|
actions against Coinbase, Inc., Binance Holdings Ltd., and Kraken, the placement of Prime Trust, LLC into receivership following a cease-and-desist order issued by Nevada’s Department of Business and… |
| DIGITAL-CURRENCY-GROUP-INC |
DIGITAL-CURRENCY-GROUP-INC |
62%
|
actions against Coinbase, Inc., Binance Holdings Ltd., and Kraken, the placement of Prime Trust, LLC into receivership following a cease-and-desist order issued by Nevada’s Department of Business and… |
| ELECTRONICS-ENGINEERS-INC |
ELECTRONICS-ENGINEERS-INC |
62%
|
r solutions to conform to standards set by industry standards bodies such as the Institute of Electrical and Electronics Engineers, Inc. (IEEE), the 3rd Generation Partnership Project (3GPP) and Open… |
| GEMINI-TRUST-COMPANY |
GEMINI-TRUST-COMPANY |
62%
|
actions against Coinbase, Inc., Binance Holdings Ltd., and Kraken, the placement of Prime Trust, LLC into receivership following a cease-and-desist order issued by Nevada’s Department of Business and… |
| NYSE-LISTED-COMPANY |
NYSE-LISTED-COMPANY |
62%
|
ter as required by French law that sets forth certain corporate governance practices of our board under French law. This Board Internal Charter does not cover all items required by the NYSE Listed Co… |
