2018 H1 revenuesJuly 19, 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

Presenters

Michel ArtièresFounder & Chief Executive Officer

Degree in Engineering from Supelec, Paris, with a specialization in signal processing and telecommunications

R&D in Image Processing and Compression for the French Ministry of Defense

Fabrice Sana Chief Financial Officer

Degrees from the European Business School and ESSEC

Management Control Director for KaravelFinance Controller for AlstomManager at Arthur Andersen / BearingPoint

4ATEME © 1991-2018

1.ATEME2. Market Trends

3. H1 2018 Revenues

4. Strategy

5ATEME © 1991-2018

ATEME Factsheet

22 Patents

220 people in 18 countries

700 clients in 100 countries

Public since 2014

48.6 M€ in 2017 (+30%)

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

services while preserving picture quality.

Strategic partnerships

6ATEME © 1991-2018

A Complete Offer for Video Flow

Service Provider(Satellite, Cable, Telco)

Video Headend

Event

ContributionPrimary

DistributionDistribution

OTT / Multiscreen

Subscriber

CDNContent Provider

TV Network

Kyrion encoders in the trucks and decoders at the TV station

TITAN is a virtualized Video Headend software covering all Live and File needs

7ATEME © 1991-2018

1. ATEME

2.Market Trends3. H1 2018 Revenues

4. Strategy

8ATEME © 1991-2018

Growing Demand For UHD TV

Western Europe UHD TV household forecast UHD TV

+32%by 2020

9ATEME © 1991-2018

HEVC Patent Pools Reacting to AV1 Release

10ATEME © 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

11ATEME © 1991-2018

1. ATEME

2. Market Trends

3.H1 2018 Revenues4. Strategy

12ATEME © 1991-2018

7 436 10 646 9 563

7 544

10 291 13 860

10 632

11 108

11 846

16 554

2011 2012 2013 2014 2015 2016 2017 2018

Q1 Q2 Q3 Q4

Revenues Evolution by Quarter

€37.5m

€28.6m

€12.3m

€17.9m€20.6m

€24.8m

IPO

€48.6m

+18%at constant

exchange rate

+12%in H1 2018

H1 2018 : €24.8m

13ATEME © 1991-2018

H1 2018 Revenue Split by Region

38% of H1 2018

revenue

12%of H1 2018

revenue

EMEA

USA/Canada

Latin America

APAC

13%of H1 2018

revenue

37%of H1 2018

revenue

14ATEME © 1991-2018

8 136

7 863

8 780

H1 2016 H1 2017 H1 2018

EMEA

• The strengthening of our presence in selected key countries is delivering results • The ramp-up of TITAN software deployment with leading European service providers is set to drive

growth over the coming quarters

+12%

In €

K

15ATEME © 1991-2018

4 148

6 068

8 696

H1 2016 H1 2017 H1 2018

USA & Canada

Ongoing robust demand in the region should continue to underpin growth

+43%

In €

K

+56%at constant

exchange rate

16ATEME © 1991-2018

1 466

3 6223 089

H1 2016 H1 2017 H1 2018

LATAM

-15%

High base effect (+147% growth in H1 2017 vs H1 2016)

In €

K

-5%at constant

exchange rate

17ATEME © 1991-2018

1 230

3 3842 859

H1 2016 H1 2017 H1 2018

APAC

-16%

In €

K

High base effect (+175% growth in H1 2017 vs H1 2016)

-7%at constant

exchange rate

18ATEME © 1991-2018

IPO July 2014

20162015

2014

Successful Strategy Since the IPO2017

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)

€27.7m

€3.5m

2018

€23.4m

19ATEME © 1991-2018

1. ATEME

2. Market Trends

3. H1 2018 Revenues

4.Strategy

20ATEME © 1991-2018

New Video Delivery Schemes Enabling Major TAM Increase

$250mPrimary

Distribution

$100mContribution

$300mOTT / Multiscreen

$350mDistribution

Sources : Frost & Sullivan (2014), Company

Video Delivery Infrastructure

WIN THE VIDEO HEADEND EXPAND TO VIDEO NETWORKING

• TITAN Video Head End software components can be reused in the Network to enable new video delivery schemes

• Limited R&D investment (reusing TITAN components)

• No go to market investment (same clients)

Traditional Video Compression Market = $1B Network Infrastructure Market = $25B

21ATEME © 1991-2018

New Video Delivery Schemes

Traditional distribution schemeA centralized Video Headend provides 1000 contents X 10 formats to the whole network

Video Headend

Adding video processing capabilities closer to the subscribers enables multiple benefits for the Service Provider:• Incremental revenues with targeted add

insertion at the Metro Network• Network CAPEX savings: TITAN’s JITT

(Just In time Transcoding) consists in sending into the network only 1 format per content. TITAN then generates specific formats upon request and available bandwidth, leading to 75% last mile bandwidth savings (1 format vs 10)

LAST MILE

ACCESS NETWORK

WIDE AREA AND METRO NETWORK

BACKBONE OR CORE NETWORK

22ATEME © 1991-2018

20202018Win the Video

Head End market and prepareexpanding to Network

Gross Margin expected up(shift to software)

Increasing operating profit every year

Toplineexpected to grow min 20%per year, with contribution from all 4 regions

3 Year Plan

S&M investments to

keep developing our

international coverage, but will

not grow as fast as the topline

R&D investments to

develop innovative

Network solutions, but will

not grow as fast as the topline

23ATEME © 1991-2018

Investor Relations

Next investor dates

Market data

ISIN: FR0011992700 - Ticker: ATEME

Stock price: €17.24 (as of July 17, 2018)

Market cap: €179.2 m (as of July 17, 2018)

Shareholder structureNumber of shares: 10,394,217Potential dilution : up to 224,066 shares

9,6%

73,5%

16,9%

Business angels& VCs

Free float

Founders and management

Liquidity contract: Gilbert Dupont

Source : company, as of June 30, 2018

Sept. 27, 2018 2018 Half-Year Results

Nov. 8, 2018 2018 Third Quarter Revenues0

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