Equity Analyst

B. Riley & Co. Craig Ellis
 Canaccord Genuity, Inc.  T. Michael Walkley
 Lake Street Capital  Jaeson Schmidt
 Needham & Company  N. Quinn Bolton
 Northland Capital Markets  Tom Sepenzis

Sequans does not distribute analyst reports nor endorse any analyst’s projections, which are proprietary to each analyst and subject to change at any time. You are encouraged to contact analysts directly to acquire their reports and latest projections. See Sequans’ SEC filings for a discussion of risks and uncertainties.