- 2020 INTEGRATED REPORT 18 VISION AND STRATEGY STRENGTHENING OUR POSITION ON LONG-TERM GROWTH MARKETS OUR STRATEGIC PRIORITIES AND AMBITIONS Leader in smart and digital solutions for defence markets Thales’s major military clients have confirmed their investment plans, which are necessary to better protect their citizens in the face of a tense global geopolitical context. Smart and digital solutions, in which Thales is one of the world leaders, are playing an increasingly important role in air, sea or land defence platforms. Progress in 2020 Record order intake, despite the Covid-19 crisis. 14 orders of more than €100 million from seven countries, including the major equipment contract for the German F126 frigates. Priorities for 2021 Continue to capitalise on the growing needs of armies around the world for ever smarter systems to better identify threats and coordinate forces in complex environments. Supporting the armed forces move toward the development of greener solutions in line with the energy transition stakes. Ready to support the recovery of civil aviation Progress in 2020 Thales quickly put in place a structural action plan to adapt to the collapse of the civil aviation market due to Covid-19. Priority for 2021 Focus R&D on the development of green, digital and connected solutions for civil aviation, notably through the optimisation of flight operations. Space: return to sustainable growth in a rapidly changing segment Progress in 2020 Significant commercial successes, notably on the new ESA environmental monitoring missions (Copernicus project) and in space exploration. Priority for 2021 Remain at the forefront of innovation through the development of flexible geostationnary satellites (Space Inspire) and the implementation of major space projects (Galileo, Lightspeed constellation). Global air traffic growth scenarios 4.8 2.8 2010 2020 2024 Range of uncertainty Billion passengers-km Source: IATA Pre Covid-19 forecast 2010-2019 growth +6% per year 8.4 2019 < < WE DESIGN PRODUCTS AND SOLUTIONS IN LINEWITH THE NEEDS OF OUR CUSTOMERS: PHYSICAL AND DIGITAL SECURITY OF COUNTRIES AND CITIZENS, ACCESS TO INFORMATION AND KNOWLEDGE, CONTRIBUTING TO AMORE SUSTAINABLE, SAFER ANDMORE INCLUSIVEWORLD. Patrice Caine, Chairman & Chief Executive Officer