Telesat Company (TSAT) Q3 2025 Earnings Name Transcript

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Convention Name Members

David McFadgen – Cormark Securities Inc., Analysis Division
Xin Yu – Deutsche Financial institution AG, Analysis Division
Caleb Henry – Quilty House Inc., Analysis Division
Christopher Quilty – Quilty House Inc., Analysis Division

Presentation

Daniel Goldberg
President, CEO & Director

Michel Forest
Chief Know-how Officer

David McFadgen
Cormark Securities Inc., Analysis Division

” Cormark Securities Inc., Analysis Division

Xin Yu
Deutsche Financial institution AG, Analysis Division

” Deutsche Financial institution AG, Analysis Division

Caleb Henry
Quilty House Inc., Analysis Division

” Quilty House Inc., Analysis Division

Christopher Quilty
Quilty House Inc., Analysis Division

” Quilty House Inc., Analysis Division

Operator

Good day, and welcome to the Telesat Third Quarter 2025 Monetary Outcomes Name. [Operator Instructions]

I’ll now flip the convention over to James Ratcliffe. Please go forward.

James Ratcliffe

Thanks, JL, and good morning. Thanks for becoming a member of us at this time. Earlier this morning, we filed our quarterly report for the interval ending September 30, 2025, on Kind 6-Okay with the SEC and on SEDAR+. Our remarks at this time might include forward-looking statements. There are dangers that Telesat’s precise outcomes might differ materially from the outcomes contemplated by the forward-looking statements because of recognized and unknown dangers and uncertainties. For a dialogue of recognized dangers, please see Telesat’s annual report and updates filed with the SEC. Telesat assumes no duty to replace or revise these forward-looking statements.

I would now like to show the decision over to Dan Goldberg, Telesat’s President and Chief Government Officer.

Daniel Goldberg
President, CEO & Director

Thanks, James, and good morning to everybody. Thanks for becoming a member of

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