Investor Presentation

April 2016

AsiaSat Proprietary and Confidential

Satellite 101 (Overview)

Types of Satellites

3

• Communications, Weather, Imaging, Data Relay, Spy,

Navigation (GPS)

• Orbits

Low Earth Orbit – LEO – 700-2000Km above earth

Mid Earth Orbit – MEO – 8000-20000Km above earth

Geostationary Orbit – GEO - approx. 36000Km above

earth’s equator

GEO Stationary Satellites

4

Earth

Sun Light

Satellite Operation

5

From an Operation’s Point of View the satellite is required to maintain its

footprint over the designated coverage area.

Satellite Frequencies

6

C-band • 3-8 GHz

• Lower Power

• Used for wider coverage, less loss

Ku-band • 10-18 GHz

• Higher Power

• Used for smaller coverage, high loss

Ka-band • 26-40 GHz

• Very High Power

• Small spot beam coverage, very high loss

AsiaSat Satellites

8

AsiaSat’s In-orbit Satellite Fleet (1)

AsiaSat 3S

122˚E 11 Apr 2003 28 C + 20 Ku

AsiaSat 4

Fleet of 6 in-orbit satellites & 1 under construction providing

instantaneous access to two-thirds of the world’s population

100.5˚E 12 Aug 2009 26 C + 14 Ku

AsiaSat 5

Nominal Orbital Location Launch Date Payload

(Generating revenue 21 Mar 1999 28 C + 16 Ku

at other slot)

9

AsiaSat’s In-orbit Satellite Fleet (2)

AsiaSat 6

AsiaSat 7

105.5˚E 5 Aug 2014 24 Ku + Ka

(Co-locate with AsiaSat 7)

AsiaSat 8

122˚E 2017 (Planned) 28 C + 32 Ku + Ka

(Under construction, to replace AsiaSat 4) (AsiaSat 4’s replacement) AsiaSat 9

Nominal Orbital Location Launch Date Payload

105.5˚E 26 Nov 2011 28 C + 17 Ku + Ka

120˚E 7 Sep 2014 28 C

AsiaSat Fleet C-band Coverage

10

AsiaSat Fleet Ku-band Coverage

11

AsiaSat 9

12

AsiaSat 6

13

Our Company and What We Do

AsiaSat Introduction

15

Vision Statement

“To be the foremost satellite solutions provider in Asia and the

instinctive and desired partner of choice”

Asia Satellite Telecommunications Company Limited (AsiaSat)

• Owns and operates communications satellites

• Offices - Hong Kong (Wanchai, Tai Po) & Beijing

• Employees: about 130

• Provides capacity to Broadcast and Telecom clients

• Serving 2/3 of the world’s population with our satellite fleet

• Prominent global and regional customer base: Turner, News Corp, ZEE,

CCTV, China Telecom, Panasonic Avionics…

AsiaSat Shareholding

16

CITIC Group Corporation (PRC)

Carlyle Asia (USA)

Bowenvale Ltd. (BVI) Public

Asia Satellite Telecommunications Holdings Limited (Incorporated in Bermuda)

50.5% 49.5%

74.43% 25.57%

AsiaSat BVI Limited (Incorporated in BVI)

100%

100%

37.6% 36.8%

Asia Satellite Telecommunications Company Limited (Incorporated in Hong Kong)

Borrower

Listed on HKSE

Sources of Revenue

17

Business Segment 2015

Video Distribution 57%

Telecom/Broadband Distribution 43%

What We Do – Video Services

18

Video Contribution Video Distribution

Content delivery to end users, directly or indirectly

Broadcast and Video Distribution

19

What We Do – Telecom Networks

VSAT services Backhaul

Component of Telecoms infrastructure

20

World-class service quality and reliability from

Tai Po Earth Station in Hong Kong

AsiaSat Tai Po Earth Station

• Downlink, turnaround and uplink

• Fibre connectivity

• Full transponder DVB-S2/S MCPC platform

• Encryption

• Equipment hosting

• Playout service

• Broadway® Internet connectivity service

• 24/7 broadcast and operations centre

• Satellite carrier monitoring

• Disaster recovery facilities

• Occasional use and SNG services

• Satellite transfer orbit service

AsiaSat’s Teleport Services

21

22

Financial Summary

2015 Results Highlight

23

(HK$M) 2015

Turnover 1,311

EBITDA 1,058

EBITDA Margin 81%

Net Income 440

Cash Balance 238

24

AsiaSat – Financials

-

500.0

1,000.0

1,500.0

2,000.0

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

1,456.2

1,718.2

1,884.9

1,498.6

1,364.9 1,311.0

HK$M

Turnover for the Year

25

AsiaSat – Financials

-

500.0

1,000.0

1,500.0

2,000.0

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

241.8 234.1

508.0

254.8 211.0 200.6

181.0 231.1

258.6

298.6 290.4 289.6

1,033.4

1,253.0

1,118.3

945.2

863.5 820.8

HK$M

Turnover for the Year

Hong Kong Greater China Other Regions

26

AsiaSat – Financials

-

400.0

800.0

1,200.0

1,600.0

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

1,143.6

1,343.0

1,556.5

1,307.8

1,104.5 1,058.4

HK$M

EBITDA for the Year

27

AsiaSat – Financials

-

200.0

400.0

600.0

800.0

1,000.0

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

694.6

822.7

914.5

747.6

559.1

439.8

HK$M

Net Profit for the Year

28

AsiaSat – Financials

-

5.00

10.00

15.00

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

0.53 0.08

1.92

2.42

0.57

12.07

HK$

Dividends for the Year

29

AsiaSat – Financials

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

73.3%

81.7% 79.2%

73.7% 75.4% 72.3%

Satellite Utilisation at Year End

30

AsiaSat – Financials

0.0

100.0

200.0

300.0

400.0

500.0

600.0

31/12/2010 31/12/2011 31/12/2012 31/12/2013 31/12/2014 31/12/2015

410.8

358.8

470.3 457.2

409.4 411.7

34.0

36.4

34.3 32.5

41.1 39.2

US$M Backlog Revenue at Year End

PRC

Non-PRC

Thank You – Questions

12/f Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong

www.asiasat.com