Orange and

content

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Today, all around us, with the digitalization of services, platforms have become increasingly powerful. The content ecosystem has naturally embraced this wave of “platformization” of the world, allowing Orange to attract both users and service providers.

In developing its strategy as both a distributor and an aggregator across its footprint, the Orange Group has already reinforced this capacity.

On the one hand, more than 8.9 million house-holds are now connected to Orange TV services via a STB, providing them with outstanding high quality video (UHD) and audio (Dolby Atmos), and

soon a new innovative TV experience with Virtual Reality. This number of users will continue to increase both with the development of current TV customer bases and also with the launch of new TV offers such as those launched in 2016 in Belgium and in 2017 in Ivory Coast.

On the other hand, Orange attracts into its universe a large galaxy of content, both already popular (free and pay TV channels, TVoD, SVoD) and also emerging (web channels, eSport, streaming video gaming). Development has continued in 2017 with the renewal and extension of the multi-year agreement between OCS and HBO. Furthermore, the agreement signed between Orange Studio and UGC Images end 2016 was extended with the signature of a new agreement with OCS. Orange has also extended its partnership with Netflix to the entire Orange footprint.

Orange has supported film for many years. From “Valerian et la Cité des mille planètes” produced by Luc Besson, for which the Orange Group is partner, to films such as Hubert Charuel’s “Petit Paysan” and also “Les Gardiennes” from Xavier Beauvois, Orange through its OCS and Orange Studio subsidiaries proves that it is truly committed to supporting the diversity of French film.

Content is increasingly serving the Orange Group’s strategy; and this was confirmed on September 1st 2017 with the creation of Orange Content as the reference point for the Group’s content activities.

Serge LaroyeDeputy EVP

Content serving the Group strategy

“

David KesslerEVP Orange Content

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Orange Content

Greater ambitions for content

Orange is already a major and longstanding player in the field of content, and is now confirming and strengthening its ambition with the creation of Orange content, a new entity reporting directly to Stéphane Richard, Chairman and Chief Executive Officer. The mission of Orange Content is to be the reference point for content for all of the Orange Group. A simple vision is behind the creation of Orange Content: to bring together Orange’s content resources and strengths, by including the associated subsidiaries:▪▪ Orange Studio for production;▪▪ OCS for the distribution of series and films from all over the world;▪▪ Orange Prestations TV, Orange’s broadcasting platform;▪▪ and all the operational content teams.

Orange Content also brings together other content-related activities, (including games, music, culture, infotainment, Virtual Reality, start-ups …) as well as the French and International content acquisition activities for all services edited by Orange (OCS, VOD services ) and multi-territory negotiations for third party services. This alliance enables Orange to affirm and reinforce its position on the market, giving increased coherence and visibility to content, as well as becoming an increasingly important international player. Across Europe continues to deploy its strategy implemented over the past few years:▪▪ giving priority to the widest possible distribution of best in class content;▪▪ investing in film and series via OCS and Orange Studio.

The Group’s presence in Africa and the Middle East is also a major area for development with new needs for both local and international content. Orange Content is also actively participating in digitalization initiatives in the region. Since the creation of Orange Content on September 1st 2017, the Orange Group is now in an even stronger position to address the content and entertainment needs of its customers in France and internationally.

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Content Overview

Orange TV

To offer varied and quality content, Orange works with the leading French and international audiovisual groups.

available directly on TVWeb applications

Catalogue of

streaming video games

Music with Deezer

Thematical packages:

Family, Sports and Film/Series

replay channelsFree and premium

screensAvailable on all

SVoD offers including

Netflix, Canalplay, Filmo TV…

Premium channels:

Canal+ beIN SPORTS OCS

Channels included

HD, HD+, UHD channels

Films and series available on VOD

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Orange offers a diverse and complementary range of music and radio services: music audio streaming, video (official music videos, concerts, movies/documentaries…) and radio. Music audio streaming continues to be a strategic and major focus in France, Europe, Africa and the Middle East.

Orange and Deezer have built a strong and innovative partnership providing our customers with an unlimited access to the vast Deezer catalogue. Over 40 million songs in “high quality audio” are available on TV, PC/Mac, smartphones and tablets. The service also provides

many playlists by genres and “mood”. Deezer also includes “Flow” a feature that mixes favourite songs of the user with personalized recommendations. In France, the family option (launched in 2016) provides access to 5 additional accounts.

Orange also works with other music audio streaming partners which correspond to local market needs such as Anghami in Jordan and Digster in Tunisia.

With over 20,000 radio stations and 5,000 podcasts from all over the world, Orange Radio is very successful on TV in France and Android/iOS smartphones in more than 10 countries across the Orange footprint (Europe, Africa and the Middle East).

Prenium music video TV services are also available on Orange TV, such as Playzer which provides high quality official music videos and concerts.

In video gaming, Orange has partnerships with the main publishers on the market: EA, Gameloft, Ubisoft, Disney, Warner, Anuman, Deepsilver… offering attractive and innovative gaming services on all screens.

Games Music and Radio

On Orange TV channel 32 (in France)

▪▪ A new family game experience with Orange’s video games service without download and installation and with true gaming console quality;

▪▪ A large offer with a catalogue of more than 200 games and a non-binding subscription offer called “Pass Jeux Famille”;

▪▪ A parental control mode.

On PC/ Mac

▪▪ Orange’s PC gaming portal is one of the most popular on the web in France with more than 2,500 titles;

▪▪ Offers for all types of players: “casual” games, “hard core” games and free on-line games.

On smartphones and tablets through portal or applications

▪▪ A range of games available in many countries (France, Réunion Island, Caribbean, Romania, Poland, Spain, Morocco, Tunisia, Senegal, Guinea-Conakry, Ivory Coast, Cameroon, Democratic Republic of Congo and Egypt);

▪▪ Unique in Europe, the subscription offers in France and Spain offer unlimited access to games for Android devices (more than 200 games from our publishing partners Spider-Man Ultimate Power, 2017 Real Football, Asphalt Xtreme);

▪▪ In Africa, a subscription-based gaming offer in partnership with Gameloft is available, with some several hundred thousand customers.

Batman Arkham City WB GAMES LOGO, WB SHIELD: ™ & © Warner Bros. Entertainment Inc. (s16)©2016-2017 Anuman Interactive SA. Tous droits réservés.© 2017 Gameloft. Tous droits réservés. Tous les constructeurs, voitures, noms, marques et images associées sont des marques déposées et/ou du matériel soumis à des droits d’auteur de leurs détenteurs respectifs

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Content in Europe, Africa and the Middle East

Highlights

In Europe, Africa and the Middle East, Orange offers its customers the best content and an incomparable customer experience in entertainment via the speed of its networks and its capacity for innovation. These entertainment offers are at the heart of Orange’s strategy as a convergent operator intimately linked with the development of both mobile and fixed high speed networks. In Europe, at the end of September 2017, more than 8.9 million customers had subscribed to a TV offer with Orange:▪▪ In Romania, through a partnership with Telekom Romania, Orange now has an IPTV and Fiber “Home”

offer; ▪▪ ▪ In Spain, Belgium, Poland and Moldova, Orange launched “Love”, a series of new convergent offers

including TV; ▪▪ Orange has signed an international agreement with Netflix which is already available in France and Spain,

and soon in Poland and in other countries in the Orange footprint.

In Africa and the Middle East, Orange is continuing to provide customers with new TV and VOD offers:

▪▪ After Mauritius and Senegal, the Ivory Coast launched its TV offer on ADSL and Fiber early 2017, an offer to be joined by a Pay DTT offer after obtaining a license via the “Telenum” joint venture formed by Orange and Canal Overseas;

▪▪ In Tunisia and in Egypt, Orange has continued to enrich its SVoD offers by launching ICFlix.

Other compelling services have also been launched to meet customers’ needs internationally:

▪▪ Orange Spain launched a new mobile gaming offer “Juegos Orange” with more than 200 games available through a single app and reconducted its music partnership with Deezer;

▪▪ Orange provides mobile gaming offers in partnership with Gameloft (Morocco, Tunisia, Senegal, Guinea-Conakry, Ivory Coast, Cameroun and Egypt);

▪▪ Orange Tunisia have been distributing Digster, a streaming music audio service;▪▪ Orange Radio has been rolled-out in additional countries such as Senegal, Botswana, Sierra Leone

and Burkina Faso.

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Slovakia

PolandLuxemburg

Belgium

FranceMoldova

Romania

Spain

In Europe In Africa & the Middle East

Multi-screen TV

TV

Streaming video

games on TV Streaming

music service

Mobile TV

VOD Service(s)

Mobile games

Orange Radio

Multi-screen TV

TV

Streaming video

games on TV Streaming

music service

Mobile TV

VOD Service(s)

Mobile games

Orange Radio

Senegal

Mauritius

Tunisia

Ivory Coast

Madagascar

Egypt

Cameroon

Morocco

Democratic Republic of Congo

Guinea-Bissau

Guinea-Conakry

Burkina Faso

Sierra Leone

Botswana

Jordan

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New ways, new content

Virtual Reality

Orange VR Experience app Héritage, Beaumarchais-SACD 2016 grant winner

Samsung Gear VR

Orange has always been a market leader when it comes to offering a unique user experience with new innovative content services. This explains why Orange is the first operator in France to provide a dedicated virtual reality service. With the Orange VR Experience, OCS subscribers can enjoy their favourite movies and series in 360° immersion in a relaxing environment. Available on Samsung Gear VR, and also on iOS and Android for Cardboard devices such as the Orange VR1 and the Orange VR2 launched in October 2017, Orange VR Experience will continue to evolve and integrate new content services as well as a social experience allowing to watch TV content with friends.

Orange is also continuing to explore virtual reality by investing (via Orange Digital ventures) in start-ups such as Wevr, a virtual reality content studio and distribution platform provider. Orange launched in october 2017 its VR application, giving access to a selection of native VR content provided by partners and studios. The Orange VR Experience is a free application open to anyone equipped with a Samsung Gear, HTC Vive or a cardboard headset by subscribing on www.OrangeVRexperience.com.

In partnership with the Beaumarchais-SACD association since 2009, the funding for transmedia projects, and since 2017 reality virtual projects, has now evolved to become the “ Bourse Orange XR ” and now rewards 3 innovative Virtual Reality & Augmented Reality projects and supports their development. “ Heritage ”, a virtual reality project that won the 2016 edition was selected to integrate the Orange VR Experience.

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Aware of the major evolution of eSports in the world of video games, Orange has been active in this area since 2015. eSports has become mainstream entertainment and now reaches millions of viewers. Orange is the reference among Telco’s for competitors who need the best network and optimal connection for optimal performance.

Since 2015, Orange has sponsored eSports by bringing the best of networks with “La Fibre 100% Fibre”. Orange supports teams and tournaments like “Orange e-Ligue 1” in France, the Millénium professional team and the “Superliga Orange” in Spain.

Orange has also created the “Rush eSport” community. “Rush eSport” is a digital platform to sponsor and help pro gaming players and top French events. This platform allows fans to keep up with the latest news from the world of eSports.

At the Paris Games Week 2017, Orange allowed fans to experience the event at privileged conditions thanks to “Rush eSport”. The Orange showcase also hosted many eSports events around 25 of the biggest French players.

After organising the “Orange Football Club eSport” tournament during the 2017 football Africa Cup of Nations in Gabon, and bringing together 8 countries from the Orange footprint, Orange also partnered with the WGF, welcoming the Panafrican stars of Gaming and eSport in Casablanca on the 18th and 19th

November. The Africa Game Show featured 13 countries (of which 11 African).

Orange also collaborates with eSports influencers, start-ups and web players to create new service concepts and explore this innovative area which is at the crossroads of gaming, video content and social media.

With these different initiatives, Orange is today the operator most involved in the French eSports scene and investing to increase its popularity and to structure the ecosystem.

Every day, Orange identifies, supports, and promotes the digital skills that will change what’s essential in our lives. Between now and 2020, Orange will have supported 500 start-ups across a range of different projects.

In the field of entertainment, Orange is fully devoted to those objectives and has resources dedicated to open innovation with its content partners.

Orange and start-ups eSports

▪▪ Identifying skills means paying attention to innovative ideas that will shape tomorrow’s digital world. The Orange ecosystem welcomes the young pioneers who can lead these changes.

▪▪ Supporting start-ups means financing their projects via Orange Digital Investment, opening our APIs with Orange Developer, accelerating their development through Orange Fab, and providing the resources to help them achieve their projects.

▪▪ Promote means offering start-ups privileged access to our distribution channels, resources, and local and international markets. Promoting promising young pioneers through events, hackathons, challenges and awards, such as the Orange Social Venture Prize for Africa and the Middle East.

The following have been supported by Orange:

▪▪ Orange Digital Ventures invested in Wevr, a video-hosting platform for virtual reality.

▪▪ Reminiz, which develops a face recognition software that displays information about onscreen celebrities and persons of interest straight on your TV, was accelerated by Orange Fab France (season 2).

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Orange, film and series

Orange has played an important role in the support and development of film for many years. This commitment to film is illustrated among others by the partnerships with institutions and major cinematographic events such as the “Festival de Cannes”, the “Deauville Festival of American Cinema”, the “Festival et Institut Lumière” and also the “Festival de Comédie de l’Alpe d’Huez”.

Through its subsidiary Orange Studio, Orange affirms and pursues its commitment with the coproduction and purchase of both French and European films. Since 2007, Orange Studio has invested in the coproduction of around 10 films every year and also in film acquisition. Around one hundred films have been coproduced since its creation, some of which have received numerous awards. Orange Studio has built a high quality catalogue over the past years thanks to an ambitious production/coproduction strategy.

Distributed in France since 2008 and in Switzerland since 2017, OCS is a package of 4 thematic channels dedicated to film and series, and also a replay service. OCS offers a rich and original programme schedule including a selection of major films as well as exclusive premieres and original series. In an effort to keep its OCS package promise of “100% cinéma series”, Orange works with the best film and series production and distribution companies: HBO, Sony Pictures Television, UGC Images, Studio Canal, Wild Bunch, Warner, Gaumont, Turner, Pathé, Paramount, Lionsgate, MGM, Fox, Starz, Eone and Orange Studio. From the beginning OCS has supported French and European film production through agreements with the film industry confirming its status as a “premium” package whilst increasing the offer’s attractiveness. Likewise OCS signed end 2013 a 5 year agreement with all of the French professional film organisations amounting to a total investment of 179 million euros. This commitment is illustrated by the pre-purchase of original French films, “diversity” films, and support for theatrical releases by providing bonuses for pre-purchased films depending on a film’s success. OCS is proud of this partnership which is proof that each year Orange is contributing to the diversity and quality of French film. Lastly, with the “OCS Signature” label, OCS closely works with French series creators producing original series with a 26 minute format.

Orange is present through all the different stages of films and series : from coproduction and acquisition with Orange Studio through acquisitions, distribution and broadcasting on all screens with Orange VOD services and OCS.

Orange film and series subsidiaries

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Orange Studio, the film subsidiary of the Orange Group, has been investing in the coproduction and acquisition of movies since 2007 (“The Artist”, “Timbuktu”, “Le Petit Prince” and more recently “Cézanne et Moi”, “M & Mme Adelman”, “L’Embarras du Choix”, “L’Opéra”).

Orange Studio, which celebrated its 10th anniversary in 2017, has funded more than one hundred movies (on average 10 per year since its creation) and owns the rights to

almost 1,200 titles, including 600 audiovisual works from numerous catalogues. Currently, Orange Studio is developing an independent and diversified coproduction policy, both in terms of budgets and genres. The subsidiary is the proud co-producer of several popular successes and international award-winning movies. Furthermore, Orange Studio continues its intense policy of film and audiovisual talent scouting in Africa.

At the end of 2016, Orange Studio signed a deal with UGC for the theatrical distribution of five of its biggest movies under the Orange Studio Distribution label. All the other films will be distributed by independent distributors including Le Pacte, Paradis Films or La Belle Company and by studios such as Pathé and Europacorp. The subsidiary has also developed a video publishing department which manages DVD and VOD releases and is opening this year an international sales division.

M & Mme Andelman : © 2016 - Les Films Du Kiosque - France 2 Cinéma - Orange Studio - Le Pacte - Chaocorp Cinéma – Umedia Timbuktu : ©2014 Les Films du Worso – Dune Vision – Arches Films – ARTE France Cinéma – Orange StudioLe Petit Prince : ©2015 - LPPTV -Little Princess - On Entertainment ‐ Orange Studio - M6 Films

Orange Studio, film subsidiary of the Orange Group

Valérian et la Cité des mille planètes ©2017 VALERIAN SAS – TF1 Films Production – Tous droits réservés Mrs Mills : ©2017 Les Films Du Cap

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▪▪ Watch films shown on TV for the first time, 10 months after theatrical release: “Angry Birds”, “In the Deep”, “Adopte un veuf”, “Ghostbusters: Answer the Call”, “Passengers”, as well as documentaries and film and series news magazines.

▪▪ Watch premieres of American series, 24 hours after the US broadcast such as “Game of Thrones”, “The Walking Dead”, “Westworld”, “Big Little Lies”, “The Leftovers”, “The Night Of”...

▪▪ All the new HBO series exclusive to OCS and all the seasons of previously broadcast series available on demand.

▪▪ Original and audacious French TV shows developed by OCS with the OCS Signature label: “Irresponsable”, “Les Grands”, “Missions”…

▪▪ The OCS Go replay service enables subscribers to watch all the programs broadcast on the OCS channels for at least 30 days after their first broadcast on the OCS channels.OCS offers 2 OTT services with direct distribution on ocs.fr: one for enjoying OCS on smartphone, tablet

and PC/Mac, and the other OTT service to enjoy OCS on TV with the Orange TV key, Chromecast, Xbox, Android TV, Apple TV and Samsung Smart TV.

OCS is also available in France on Orange TV, CANAL, SFR box, Bouygues Telecom Bbox, Freebox, Molotov, Fransat, PlayStation®3 and PlayStation®4, Vialis, Vitis, Monaco Telecom, on ocs.fr and also in French overseas territories at my.T, Parabole, Vini and Zeop. OCS is now distributed in Switzerland by Swisscom.

Launched in 2008, OCS offers 4 thematic channels and a replay service dedicated to film and series :

“OCS 100% cinéma séries” New programming and innovative functionalities

4 channels “100% cinéma séries”

The blockbuster channel for all

the family

The channel for series

fans

The channel with 24/7

adrenaline

The classic films

channel

Passengers © 2016 Columbia Pictures Industries, Inc., LSC Film Corporation, Village Roadshow Films Global Inc. and Wanda Culture Holding CGame of Thrones © 2017 Home Box Office, Inc. All Rights Reserved. Hbo ® And All Related Programs Are The Property Of Home Box Office, Inc.The Walking Dead © 2017 AMC film holdings LLC/ All rights reserved.Tamara © Arnaud BorrelThe Deuce © 2017 Home Box Office, Inc. All rights reserved. HBO ® and all related programs are the property of Home Box Office, Inc.20

Passengers TV premiere

The Deuce Season 1

TV premiere

The Walking Dead Season 8

TV premiere

Tamara TV premiere

Game of Thrones Season 7

TV premiere

the replay service +

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Key figures

+ than 8.9 million Orange TV subscribers

including + than 6.8 million in France

+ than1.8 million

Fiber customers in France

2.8 million

OCS package subscribers

+than12million

4G subscribers in France

269 million

customers of which 20 million mobile customers

Figures as of September 30, 2017 * According to the Arcep report on June 21 2017

Orange is present in 29 countries

For the 7th consecutive year, No1 French mobile network according to Arcep*

Orange Content Communication & Partnerships

Audrey Raitif - audrey.raitif@orange.com

January 2018

Thanks