<p>法国巴黎 --（Newsfile Corp. -2025 年 12 月 18 日）- Sequans Communications S.A.（纽约证券交易所代码：SQNS）（&#34;Sequans&#34;或&#34;公司&#34;），比特币国库的先驱以及 5G/4G 蜂窝物联网半导体解决方案的领先提供商，今天宣布成功完成其先前授权的美国存托股票（&#34;ADS&#34;）回购计划，并获得董事会批准的新计划。</p>
<p>截至 2025 年 12 月 17 日，Sequans 共回购了 1,516,973 股美国存托股票（&#34;ADSs&#34;），约占公司已发行 ADS 的 9.7%。回购的平均价格为每股 ADS 6.17 美元，包括费用和佣金。回购完成后，当前已发行的 ADS 数量约为 1450 万股（或包括潜在行使预先资助的认股权证在内的 1550 万股）。已发行 ADS 数量的减少为每股 ADS 带来了 6.1% 的比特币收益（假设行使预先资助的认股权证）。ADS 回购资金来自公司最近的比特币处置收益，展示了 Sequans 严谨的资本配置策略。</p>
<p>&#34;完成我们的初始回购计划并启动新计划凸显了我们对提升股东价值的承诺，&#34;Sequans 首席执行官 Georges Karam 博士表示。&#34;通过以低于净资产价值的价格回购股票，并继续优化我们的比特币国库策略，我们正在增加每股比特币，并强化我们对增值增长的关注。我们仍然致力于通过严谨的资本配置和战略执行来提供长期价值。&#34;</p>
<p>Sequans 董事会已批准一项新的 ADS 回购计划，授权回购公司已发行 ADS 的最多 10%。新计划下的回购时间和金额将取决于市场条件、ADS 价格及其他因素，并将根据适用法规执行。</p>
<p><strong>前瞻性声明</strong></p>
<p>本新闻稿包含某些声明，这些声明是或可能被视为与 ADS 回购计划、Sequans 的财务状况、经营结果和业务、比特币国库计划、融资需求以及 2025 年及以后业务战略相关的前瞻性声明。这些前瞻性声明包括但不限于不属于历史事实的声明。这些前瞻性声明可以通过它们与历史或当前事实无关的事实来识别。前瞻性声明通常还使用诸如&#34;预期&#34;、&#34;致力于&#34;、&#34;目标&#34;、&#34;继续&#34;、&#34;估计&#34;、&#34;期望&#34;、&#34;预测&#34;、&#34;意图&#34;、&#34;可能&#34;、&#34;计划&#34;、&#34;目标&#34;、&#34;相信&#34;、&#34;希望&#34;、&#34;旨在&#34;、&#34;继续&#34;、&#34;可能&#34;、&#34;项目&#34;、&#34;应该&#34;、&#34;将&#34;或其他类似含义的词。这些声明基于 Sequans 根据其经验和对历史趋势、当前条件、未来发展及其他他们认为适当的因素的评估和假设。由于其性质，前瞻性声明涉及风险和不确定性，因为它们与未来将发生的事件相关，并依赖于在本公告中前瞻性声明的背景下描述的因素，这些因素可能导致实际结果和发展与这些前瞻性声明中表达或暗示的结果有实质性差异。尽管相信这些前瞻性声明中反映的期望是合理的，但不能保证这些期望将被证明是正确的，因此，您被警告不要对这些仅在本公告日期时有效的前瞻性声明过度依赖。</p>
<p>前瞻性声明并不保证未来的表现。这些前瞻性声明涉及已知和未知的风险和不确定性，这些风险和不确定性可能会显著影响预期结果，并基于某些关键假设。这些风险和不确定性包括但不限于我们成功实施比特币国库策略的能力，以及由于实施比特币国库计划而可能对商业关系产生的不利反应或变化。许多因素可能导致实际结果与任何前瞻性声明中预测或暗示的结果有实质性差异。在可能导致实际结果与前瞻性声明中描述的结果有实质性差异的因素中，包括全球、政治、经济、商业和竞争环境的变化，市场和监管力量，包括关税和贸易战。如果这些风险或不确定性中的任何一个或多个实现，或者这些假设中的任何一个或多个被证明不正确，实际结果可能与预期、估计或预测的结果有实质性差异。因此，这些前瞻性声明应根据这些因素进行解读。关于这些及其他重大风险的更完整描述可以在 Sequans 向美国证券交易委员会（SEC）提交的文件中找到，包括截至 2024 年 12 月 31 日的年度报告（Form 20-F）、2025 年 7 月 17 日提交的关于&#34;与我们的比特币策略和持有相关的风险&#34;的 Form 6-K 以及可能不时提交的其他文件。由于这些不确定性和风险，读者被警告不要对这些仅在本公告日期时有效的前瞻性声明过度依赖。Sequans 没有义务根据新信息、未来事件或其他原因更新或修订任何前瞻性声明，除非适用法律要求。</p>
<p><strong>关于 Sequans</strong></p>
<p>Sequans Communications S.A.（纽约证券交易所代码：SQNS）是一家领先的无晶圆半导体公司，专注于用于物联网（IoT）的无线 4G/5G 蜂窝技术，同时也是比特币国库的先驱。Sequans 的工程师设计和开发创新、安全且可扩展的技术，为下一代 AI 连接应用提供动力，包括安全支付、智能出行与物流、智慧城市、工业、电子健康和智能家居。Sequans 提供全面的 4G/5G 解决方案组合，包括 LTE-M/NB-IoT、4G LTE Cat 1bis 和 5G NR RedCap/eRedCap 平台，所有这些都是专为物联网而构建，带来了无线连接、电源效率、安全性和性能的突破。该公司还提供先进的设计服务和技术许可。</p>
<p>Sequans 成立于 2003 年，总部位于法国，并在全球运营，在美国、英国、瑞士、以色列、芬兰、台湾和中国设有办事处。</p>
<p>要了解更多信息，请访问 sequans.com</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.newsfilecorp.com/files/9549/278499_5d20d8dc948c1a1f_logo.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.newsfilecorp.com/files/9549/278499_5d20d8dc948c1a1f_logo.jpg"/></p>
<p>要查看此新闻稿的源版本，请访问 https://www.newsfilecorp.com/release/278499</p>
<p><img src="https://imageproxy.pbkrs.com/https://api.newsfilecorp.com/newsinfo/278499/375?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://api.newsfilecorp.com/newsinfo/278499/375"/></p>

Sequans通信

<p>Sequans Communications 已完成其 ADS 回购计划，回购了 1,516,973 股 ADS，约占其流通股的 9.7%，平均回购价格为每股 6.17 美元。公司还批准了一项新的回购计划，最多可再回购 10% 的 ADS。此次回购资金来源于比特币处置，符合 Sequans 提升股东价值和优化其比特币资产的战略</p>

<p>Paris, France--(Newsfile Corp. - December 18, 2025) - Sequans Communications S.A. (NYSE: SQNS) (&#34;Sequans&#34; or the &#34;Company&#34;), a pioneer in Bitcoin treasury and a leading provider of 5G/4G cellular IoT semiconductor solutions, today announced the successful completion of its previously authorized ADS repurchase program and the approval of a new program by its Board of Directors.</p>
<div class="lb-trans"><p>法国巴黎 --（Newsfile Corp. -2025 年 12 月 18 日）- Sequans Communications S.A.（纽约证券交易所代码：SQNS）（&#34;Sequans&#34;或&#34;公司&#34;），比特币国库的先驱以及 5G/4G 蜂窝物联网半导体解决方案的领先提供商，今天宣布成功完成其先前授权的美国存托股票（&#34;ADS&#34;）回购计划，并获得董事会批准的新计划。</p>
</div><p>As of December 17, 2025, Sequans has repurchased a total of 1,516,973 American Depositary Shares (&#34;ADSs&#34;), representing approximately 9.7% of the Company's outstanding ADSs. The repurchases were completed at an average price of $6.17 per ADS, including fees and commissions. Following these repurchases, the current number of ADS outstanding is approximately 14.5 million (or 15.5 million, including the potential exercise of pre-funded warrants). The reduction in the number of outstanding ADSs generated a 6.1% yield in Bitcoin per outstanding ADS (assuming exercise of pre-funded warrants). The ADS repurchases were funded through proceeds received from the Company's recent Bitcoin dispositions, demonstrating Sequans disciplined capital allocation strategy.</p>
<div class="lb-trans"><p>截至 2025 年 12 月 17 日，Sequans 共回购了 1,516,973 股美国存托股票（&#34;ADSs&#34;），约占公司已发行 ADS 的 9.7%。回购的平均价格为每股 ADS 6.17 美元，包括费用和佣金。回购完成后，当前已发行的 ADS 数量约为 1450 万股（或包括潜在行使预先资助的认股权证在内的 1550 万股）。已发行 ADS 数量的减少为每股 ADS 带来了 6.1% 的比特币收益（假设行使预先资助的认股权证）。ADS 回购资金来自公司最近的比特币处置收益，展示了 Sequans 严谨的资本配置策略。</p>
</div><p>&#34;Completing our initial buyback program and launching a new one underscores our commitment to enhancing shareholder value,&#34; said Dr. Georges Karam, CEO of Sequans. &#34;By repurchasing shares at prices below NAV and continuing to optimize our Bitcoin treasury strategy, we are increasing Bitcoin per share and reinforcing our focus on accretive growth. We remain dedicated to delivering long-term value through disciplined capital allocation and strategic execution.&#34;.</p>
<div class="lb-trans"><p>&#34;完成我们的初始回购计划并启动新计划凸显了我们对提升股东价值的承诺，&#34;Sequans 首席执行官 Georges Karam 博士表示。&#34;通过以低于净资产价值的价格回购股票，并继续优化我们的比特币国库策略，我们正在增加每股比特币，并强化我们对增值增长的关注。我们仍然致力于通过严谨的资本配置和战略执行来提供长期价值。&#34;</p>
</div><p>Sequans Board of Directors has approved a new ADS repurchase program authorizing the buyback of up to an additional 10% of the Company's outstanding ADSs. The timing and amount of repurchases under the new program will depend on market conditions, ADS price, and other factors, and will be executed in accordance with applicable regulations.</p>
<div class="lb-trans"><p>Sequans 董事会已批准一项新的 ADS 回购计划，授权回购公司已发行 ADS 的最多 10%。新计划下的回购时间和金额将取决于市场条件、ADS 价格及其他因素，并将根据适用法规执行。</p>
</div><p><strong>Forward Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p>This press release contains certain statements that are, or may be deemed to be, forward-looking statements with respect to ADS repurchase plans, the financial condition, results of operations and business of Sequans, bitcoin treasury plans, financing requirements, and business strategy for the remainder of 2025 and beyond. These forward-looking statements include, but are not limited to, statements that are not historical fact. These forward-looking statements can be identified by the fact that they do not relate to historical or current facts. Forward-looking statements also often use words such as &#34;anticipate,&#34; &#34;committed to&#34;, &#34;target,&#34; &#34;continue,&#34; &#34;estimate,&#34; &#34;expect,&#34; &#34;forecast,&#34; &#34;intend,&#34; &#34;may,&#34; &#34;plan,&#34; &#34;goal,&#34; &#34;believe,&#34; &#34;hope,&#34; &#34;aims,&#34; &#34;continue,&#34; &#34;could,&#34; &#34;project,&#34; &#34;should,&#34; &#34;will&#34; or other words of similar meaning. These statements are based on assumptions and assessments made by Sequans in light of its experience and perception of historical trends, current conditions, future developments and other factors they believe appropriate. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward-looking statements in this announcement could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct, and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this announcement.</p>
<div class="lb-trans"><p>本新闻稿包含某些声明，这些声明是或可能被视为与 ADS 回购计划、Sequans 的财务状况、经营结果和业务、比特币国库计划、融资需求以及 2025 年及以后业务战略相关的前瞻性声明。这些前瞻性声明包括但不限于不属于历史事实的声明。这些前瞻性声明可以通过它们与历史或当前事实无关的事实来识别。前瞻性声明通常还使用诸如&#34;预期&#34;、&#34;致力于&#34;、&#34;目标&#34;、&#34;继续&#34;、&#34;估计&#34;、&#34;期望&#34;、&#34;预测&#34;、&#34;意图&#34;、&#34;可能&#34;、&#34;计划&#34;、&#34;目标&#34;、&#34;相信&#34;、&#34;希望&#34;、&#34;旨在&#34;、&#34;继续&#34;、&#34;可能&#34;、&#34;项目&#34;、&#34;应该&#34;、&#34;将&#34;或其他类似含义的词。这些声明基于 Sequans 根据其经验和对历史趋势、当前条件、未来发展及其他他们认为适当的因素的评估和假设。由于其性质，前瞻性声明涉及风险和不确定性，因为它们与未来将发生的事件相关，并依赖于在本公告中前瞻性声明的背景下描述的因素，这些因素可能导致实际结果和发展与这些前瞻性声明中表达或暗示的结果有实质性差异。尽管相信这些前瞻性声明中反映的期望是合理的，但不能保证这些期望将被证明是正确的，因此，您被警告不要对这些仅在本公告日期时有效的前瞻性声明过度依赖。</p>
</div><p>Forward-looking statements are not guarantees of future performance. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. Such risks and uncertainties include, but are not limited to, our ability to successfully implement our Bitcoin treasury strategy and potential adverse reactions or changes to business relationships resulting from the implementation of the Bitcoin treasury initiative. Many factors could cause actual results to differ materially from those projected or implied in any forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business and competitive environments, market and regulatory forces, including tariffs and trade wars. If any one or more of these risks or uncertainties materialize or if any one or more of the assumptions prove incorrect, actual results may differ materially from those expected, estimated or projected. Such forward-looking statements should therefore be construed in the light of such factors. A more complete description of these and other material risks can be found in Sequans' filings with the SEC, including its annual report on Form 20-F for the year ended December 31, 2024, &#34;Risk Related to Our Bitcoin Strategy and Holdings&#34; filed on Form 6-K on July 17, 2025 and other documents that may be filed from time to time with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this announcement. Sequans undertakes no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by applicable law.</p>
<div class="lb-trans"><p>前瞻性声明并不保证未来的表现。这些前瞻性声明涉及已知和未知的风险和不确定性，这些风险和不确定性可能会显著影响预期结果，并基于某些关键假设。这些风险和不确定性包括但不限于我们成功实施比特币国库策略的能力，以及由于实施比特币国库计划而可能对商业关系产生的不利反应或变化。许多因素可能导致实际结果与任何前瞻性声明中预测或暗示的结果有实质性差异。在可能导致实际结果与前瞻性声明中描述的结果有实质性差异的因素中，包括全球、政治、经济、商业和竞争环境的变化，市场和监管力量，包括关税和贸易战。如果这些风险或不确定性中的任何一个或多个实现，或者这些假设中的任何一个或多个被证明不正确，实际结果可能与预期、估计或预测的结果有实质性差异。因此，这些前瞻性声明应根据这些因素进行解读。关于这些及其他重大风险的更完整描述可以在 Sequans 向美国证券交易委员会（SEC）提交的文件中找到，包括截至 2024 年 12 月 31 日的年度报告（Form 20-F）、2025 年 7 月 17 日提交的关于&#34;与我们的比特币策略和持有相关的风险&#34;的 Form 6-K 以及可能不时提交的其他文件。由于这些不确定性和风险，读者被警告不要对这些仅在本公告日期时有效的前瞻性声明过度依赖。Sequans 没有义务根据新信息、未来事件或其他原因更新或修订任何前瞻性声明，除非适用法律要求。</p>
</div><p><strong>About Sequans</strong></p>
<div class="lb-trans"><p><strong>关于 Sequans</strong></p>
</div><p>Sequans Communications S.A. (NYSE: SQNS) is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) as well as a pioneer in Bitcoin Treasury. Sequans' engineers design and develop innovative, secure, and scalable technologies that power the next generation of AI-connected applications - including secured payment, smart mobility and logistics, smart cities, industrial, e-health, and smart homes. Sequans offers a comprehensive portfolio of 4G/5G solutions, including LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms, all purpose-built for IoT and delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. The company also provides advanced design services and technology licensing.</p>
<div class="lb-trans"><p>Sequans Communications S.A.（纽约证券交易所代码：SQNS）是一家领先的无晶圆半导体公司，专注于用于物联网（IoT）的无线 4G/5G 蜂窝技术，同时也是比特币国库的先驱。Sequans 的工程师设计和开发创新、安全且可扩展的技术，为下一代 AI 连接应用提供动力，包括安全支付、智能出行与物流、智慧城市、工业、电子健康和智能家居。Sequans 提供全面的 4G/5G 解决方案组合，包括 LTE-M/NB-IoT、4G LTE Cat 1bis 和 5G NR RedCap/eRedCap 平台，所有这些都是专为物联网而构建，带来了无线连接、电源效率、安全性和性能的突破。该公司还提供先进的设计服务和技术许可。</p>
</div><p>Founded in 2003, Sequans is headquartered in France and operates globally, with offices in the United States, United Kingdom, Switzerland, Israel, Finland, Taiwan, and China.</p>
<div class="lb-trans"><p>Sequans 成立于 2003 年，总部位于法国，并在全球运营，在美国、英国、瑞士、以色列、芬兰、台湾和中国设有办事处。</p>
</div><p>To learn more, please visit sequans.com</p>
<div class="lb-trans"><p>要了解更多信息，请访问 sequans.com</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.newsfilecorp.com/files/9549/278499_5d20d8dc948c1a1f_logo.jpg" alt="" original-src="https://images.newsfilecorp.com/files/9549/278499_5d20d8dc948c1a1f_logo.jpg"/></p>
<p>To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278499</p>
<div class="lb-trans"><p>要查看此新闻稿的源版本，请访问 https://www.newsfilecorp.com/release/278499</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://api.newsfilecorp.com/newsinfo/278499/375" alt="" original-src="https://api.newsfilecorp.com/newsinfo/278499/375"/></p>

Sequans 通信宣布完成 ADS 回购计划并批准新的回购授权 | SQNS 股票新闻