Business description: Orange

Orange is the French leader of telecommunications company. Net sales (including intragroup) break down by activity as follows:

- telecommunication services for individuals (78.2%): mobile telephone services (272.8 million clients at the end of 2025; Orange brand in France, Orange Belgium in Belgium, Orange Communications Luxembourg in Luxembourg, MásOrange in Spain, Orange Polska in Poland, etc.), fixed telephone services and Internet access (38.1 million clients). The group also offers services for telecommunication operators. Net sales break down by country between France (54.6%), Europe (21.8%), Africa and Middle East (23.6%);

- telecommunication services to businesses (117.2%): Internet access services, mobile telephone, voice and data transmission services and integration and information management for communication applications;

- telecommunication services to international telecommunication operators (2.9%);

- operation of passive mobile infrastructure (1.7%; Totem): management of a portfolio of approximately 27,000 telecommunications towers in France and Spain.

Number of employees: 121,242

Sales by Activity: Orange

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

France

18.09B 17.98B 17.73B 17.8B 17.47B

Africa & Middle East

6.38B 6.92B 7.15B 7.68B 8.43B

Orange Business

7.76B 7.93B 7.93B 7.78B 7.32B

Other European Countries

5.87B 6.33B 6.89B 7.1B 7.26B

International Carriers & Shared Services

1.52B 1.54B 1.48B 1.29B 1.22B

Totem

- 685M 686M 709M 728M

Europe - Spain

4.72B 4.65B 4.7B - -

Eliminations

-1.81B -2.56B -2.44B -2.1B -2.04B

Executive Committee: Orange

Manager TitleAgeSince
Chief Executive Officer 52 2022-04-03
Director of Finance/CFO 58 2023-08-31
Chief Tech/Sci/R&D Officer - 2023-05-31
Chief Tech/Sci/R&D Officer 50 2020-08-31
Investor Relations Contact - 2024-03-31

Composition of the Board of Directors: Orange

Director TitleAgeSince
Director/Board Member 58 2015-05-26
Director/Board Member 53 2016-12-07
Director/Board Member 52 2017-07-25
Director/Board Member 58 2021-12-02
Director/Board Member 57 2019-05-20
Chairman 66 2026-05-18
Director/Board Member 59 2022-05-18
Director/Board Member 60 2021-11-25
Director/Board Member 54 2021-11-25
Director/Board Member 50 2023-03-23

Shareholders: Orange

NameStocks%Valuation
Government of France
13.39 %
356,194,433 13.39 % 7 455 M €
BPIFrance Participations SA /PRIVATE EQUITY/
9.557 %
254,219,602 9.557 % 5 321 M €
Société Générale Gestion SA
3.299 %
87,742,309 3.299 % 1 836 M €
Caisse Des Dépôts & Consignations (Investment Management)
1.809 %
48,108,054 1.809 % 1 007 M €
CNP Assurances SA (Investment Portfolio)
0.5337 %
14,196,421 0.5337 % 297 M €
NameStocks%Valuation
Managed Asset Portfolios LLC
0.0411 %
1,092,820 0.0411 % 23 M €
Opal Capital LLC
0.0127 %
338,729 0.0127 % 7 M €
RhumbLine Advisers LP
0.003127 %
83,182 0.003127 % 2 M €
Yousif Capital Management LLC
0.001713 %
45,566 0.001713 % 953 651 €
RNC Capital Management LLC
0.001405 %
37,361 0.001405 % 781 928 €

Holdings: Orange

NameStocks%Valuation
111,600,85074.08% 3 177 M $
664,999,99950.67% 2 984 M $
42,330,00042.33% 2 142 M $
46,946,75269.64% 1 178 M $
95,624,99951% 510 M $
1,456,8480.05% 30 M $
9,541,8737.99% 13 M $

Company details: Orange

Orange SA

111, quai du Président Roosevelt

92130, Paris

+33 1 44 44 22 22

http://www.orange.com
address Orange(0OQV)

Group companies: Orange

NameCategory and Sector
Specialty Telecommunications
Specialty Telecommunications
Data Processing Services
Data Processing Services
Financial Conglomerates

Other Integrated Telecommunications Services

Change 5-day change 1-year change 3-year change Capi.($)
-1.45%-3.69%-9.06%+25.78% 223B
-0.02%-3.63%+8.78%+26.53% 189B
+2.09%-3.65%-14.04%+36.21% 144B
-3.45%-2.96%+39.96%+22.49% 78.6B
-2.90%-9.38%-22.32%+17.57% 73.03B
+0.14%-1.17%-4.06%-12.50% 72.64B
-0.36%-0.68%+4.75%+0.23% 58.8B
+0.23%+1.16%+11.79%+75.10% 55.31B
-0.20%+1.88%+15.62%-12.53% 46.36B
Average -0.54%-2.14%+3.49%+19.87% 104.54B
Weighted average by Cap. -0.35%-3.02%+0.53%+23.07%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
16.86EUR
Average target price
19.02EUR
Spread / Average Target
+12.76%

Quarterly revenue - Rate of surprise

-40%: Exceptional extension
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