FY 2017 Revenues

February 1st, 2018

2ATEME © 1991-2018

Disclaimer

This presentation does not constitute or form part of and should not be construed as any offer for sale of or solicitation of any offerto buy any securities of ATEME, nor should it, or any part of it, form the basis of or be relied on in connection with any contract orcommitment whatsoever concerning ATEME’s assets, activities or shares.

All statements other than historical facts included in this presentation, including without limitations, those regarding ATEME’sposition, business strategy, plans and objectives are forward-looking statements.

The forward-looking statements included herein are for illustrative purposes only and are based on management’s current views andassumptions. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks includebut are not limited to impact of external events on customers and suppliers; the effects of competing technologies competitiongenerally in main markets; profitability of the expansion strategy; litigation; ability to establish and maintain strategic relationshipsin major businesses; and the effect of future acquisitions and investments.

ATEME expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in thispresentation to reflect any change in events, conditions, assumptions or circumstances on which any such statements are based,unless so required by applicable law. These materials are supplied to you solely for your information and may not be copied ordistributed to any other person (whether in or outside your organization) or published, in whole or in part, for any purpose.

3ATEME © 1991-2018

ATEME Factsheet

22 Patents

220 people in 18 countries

700 clients in 100 countries

Public since 2014

48.4 M€ in 2017 (+29%)

ATEME designs software video compression solutions to enable innovative live or on demand video delivery

services while preserving picture quality.

Strategic partnerships

4ATEME © 1991-2017

Market Trends

5ATEME © 1991-2018

Industry Shift to Software, the Revolution in Progress

Today, Service Providers deploy Software Converged Video Headends (Live + VOD, Box + Multiscreen), in a virtualized environment

Legacy Video Headendfor the linear distribution to the box

VOD and Multiscreenseparated infrastructure

Software Virtualized Video Headendrunning on a private cloud

=Software

Virtualized Headend

Running on

Private cloud

+ + Multi-Screen

VOD

10 years ago,Video Head Ends consisted in heterogeneous specialized hardware for each operation

Then,VOD and multiscreen were added and managed as separate operations

Legacy VHE

6ATEME © 1991-2018

30% density increase without network or

decoder/STB upgrade

QAM reclamation enabling new services

ATEME’s research team is working to help

define the next MPEG video compression

standard

Close partnership with

Reduce the required bandwidth for main-

screen & OTT HD

Reduce the solution’s TCO

1st to market with a production -ready

HEVC solution

Deploying HEVC projects with Tier1 clients worldwide

Transforming Video Delivery, Reducing Distribution Costs

MPEG2 (1994)

The only compression vendor part of

AV1, the royalty free codec, will be

supported by TITAN in 2018

H264 (2003) HEVC (2013) AV1 (2018) H266 (2020 ?)

TITAN supports all international video compression standardsRecent involvement of ATEME R&D and deployment successes include:

7ATEME © 1991-2018

Sept 2015

$300-500M (5-7x)

acquires

Sept 2015

$125M (4x)

acquires

Dec 2015

€69M (1x)

acquires

Consolidation Clearing the Way for ATEME

Essentially down from 7 to 4 Players

• US service providers running away from their competitor (Amazon Prime Video)

• Envivio partners are Ericsson competitors

• Redundant employees (Sales worldwide)

• Products end of life confusing clients

• Redundant employees (Rennes R&D)

Ideal

Scenario

for ATEME

Jan 2018

acquires 51% of

8ATEME © 1991-2017

2017 Revenues

9ATEME © 1991-2018

2017 in Short

Revenues 9 Months €32.0m

Revenues Q4 €16.4m

Revenues FY 2017 €48.4m

+25.1%

+38.3%

+29.3%

The statements are currently being audited.

10ATEME © 1991-2018

7 436 10 646

7 544

10 291

10 632

11 108

11 846

16 378

2011 2012 2013 2014 2015 2016 2017

Q1 Q2 Q3 Q4

Consistent Organic Growth

€37.5m

€28.6m

€12.3m

€17.9m€20.6m

€24.8m

IPO

€48.4m

The statements are currently being audited.

+30%CAGR

11ATEME © 1991-2018

2017 Revenue Split by Region

38% of 2017 revenue

13%of 2017 revenue

EMEA

USA/Canada

Latin America

APAC17%

of 2017revenue

32%of 2017revenue

12ATEME © 1991-2018

16,3 16,3

18,6

2015 2016 2017

EMEA : +14.1%

Increasing demand for software solutions

+14.1%

In €

Mill

ion

13ATEME © 1991-2018

7,1

11,9

15,7

2015 2016 2017

USA & Canada : +31.4%

TITAN powers significant percentage of primetime America, for both OTT applications and “traditional” TV services

+31.4%

In €

Mill

ion

14ATEME © 1991-2018

2,4

4,2

8,0

2015 2016 2017

LATAM : +90.4%

+90.4%

Growth driven by strong demand for digital terrestrial distribution solutions

In €

Mill

ion

15ATEME © 1991-2018

2,7

5,0 6,1

2015 2016 2017

APAC : +22.3%

Revenues for Asia-Pacific increased by 22.3%, following 2016 80% growth

+22.3%

In €

Mill

ion

16ATEME © 1991-2018

Increasing Number of Customers

279

327

378

2015 2016 2017

Nu

mb

er o

f cu

sto

me

rs in

voic

ed

pe

r ye

ar

17ATEME © 1991-2018

No Dependency

18ATEME © 1991-2018

IPO July 2014

20162015

2014

Successful Strategy Since the IPO 2017

50 hires in 12 months (R&D in France, Support engineers and Sales in all 4 regions)

€12.3m

€-2.5m

€15.0m

€-1.6m

€16.3m

€0.0m

€22.5m

€12.9m

€-1.1m

€11.9m

€-0.9m

Phase 2:Design of TITAN 4 and reorganization of international offices

Phase 3: Commercial launch

165

135

170

€3.6m

Revenues

Net Loss/Profit

Growth acceleration in H2 2016: a 2 years ROI since the IPO

€20.9m

220

€0.3m

Phase 1: 30 hires in 6 months (opened Rennes R&D office)

€27.5m

TBD

19ATEME © 1991-2017

Outlook

20ATEME © 1991-2018

ATEME Competitive Advantages

• Technology leadership :• TITAN offers : Video Quality, Speed / Density,

100% Home Grown Software, Flexibility• TITAN supports all international video compression

standards : HEVC and AV1

• Close Strategic Partnerships

• Growing access to Video Infrastructure Market ;

Capacity to win tier-1 customers

• Significant expansion in addressable market : Video Networking Market ≈ $25 billion

• One of the last independent player

UHD / HEVC broadcasted eventsusing ATEME’s technology

21ATEME © 1991-2018

20182017Win the Video

Head End market and prepareexpanding to Network

Gross Margin expected up(shift to software)

Targeting double digit operating profit in 2018

Toplineexpected to keep growing in the 20-30%range (all regions will contribute)

2017-2018 Plan

S&M investments to

win the Video Head End market and prepare expanding

to Network, but

will not grow as fast as the topline

R&D investments to

prepare expanding

to Network, but

will not grow as fast as the topline

22ATEME © 1991-2018

Investors Relations

Next investor dates

Market data

ISIN: FR0011992700 - Ticker: ATEME

Stock price: €15.24 (as of 30 January 2018)

Market cap: €156 m (as of 30 January 2018)

Shareholder structureNumber of shares: 10,284,539Potential dilution : up to 227,244 shares

8,9%

11,7%

64,5%

14,9%

ELIGIBLE PEA PME

Business angels

Free float

Founders and management

VCs

Liquidity contract: Gilbert Dupont

Source : company, as of 31 Dec. 2017

March 28, 2018 2017 Year-End Results

May 4, 2018 2018 First Quarter Revenues

June 7, 2018 Annual Shareholders Meeting

July 25, 2018 2018 Half-Year Revenues

Sept. 27, 2018 2018 Half-Year Results

Nov. 8, 2018 2018 Third Quarter Revenues

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