I Intelsat SA

Intelsat Jackson Holdings S.A. (“Jackson”), a subsidiary of Intelsat S.A. (the “Company”), has elected to withhold an interest payment of approximately $125 million (the “Interest Payment”) due on April 15, 2020 with respect to Jackson’s outstanding 8.50% Senior Notes due 2024 (the “2024 Senior Notes”). Under the indenture governing the 2024 Senior Notes, Jackson has a 30-day grace period to make the Interest Payment before such non-payment constitutes an “event of default” with respect to the 2024 Senior Notes. Jackson has elected to enter into the 30-day grace period with respect to the Interest Payment in order to increase its financial flexibility as it assesses the Company’s operating and general economic environment.

Forward-Looking Statements

The Company has included statements in this Current Report on Form 8-K that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expect” and similar expressions identify forward-looking statements. Forward-looking statements are based only on the Company’s current assumptions and views of future events and financial performance. They are subject to known and unknown risks and uncertainties, many of which are outside of the Company’s control that may cause the Company’s actual results to be materially different from planned or expected results. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on the Company’s expectations as of the date of this report and speak only as of the date of this report, and are advised to consider the factors listed under the heading “Forward-Looking Statements” and “Risk Factors” in the Company’s SEC filings, as may be updated and amended from time to time. The Company does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.