|Craig-Hallum Capital Group||Anthony Stoss|
|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.