Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 122

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 122
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 the Intelsat Jackson Notes on or prior to the Closing, Intelsat has agreed to, and agreed to cause Intelsat Jackson to, use reasonable best efforts to obtain and deliver to SES, no later than three business days prior to the Closing, a draft confirmation letter from the collateral agent under the indenture to the Intelsat Jackson Notes stating that all encumbrances and guarantees in connection therewith relating to the assets and properties of the Intelsat Group securing the Intelsat Jackson Notes will be released and terminated upon the occurrence of an Investment Grade Event. If either the Pre-ClosingNotes Repurchase is exercised in respect of all the outstanding Intelsat Jackson Notes or an Investment Grade Event occurs with respect to the Intelsat Jackson Notes on or prior to the Closing, Intelsat had agreed to, and agreed to cause Intelsat Jackson to, deliver forms of termination, deeds of release, notices, filings or other relevant documentation evidence the release of applicable collateral in any jurisdiction in which collateral has been granted. Intelsat has also agreed to use its commercially reasonable efforts to have certain liens listed on Intelsat’s disclosure schedules to the Share Purchase Agreement released prior to the Closing, provided that Intelsat’s failure to obtain any such release will not be considered a failure of a condition to the Closing. Financing Cooperation Subject to the terms and conditions of the Share Purchase Agreement, Intelsat has agreed to, and has agreed to cause its subsidiaries to, cooperate in connection with the arrangement of any financing (other than a debt financing pursuant to an offering under a registration statement with the SEC) that is reasonably requested by SES, including:

| • |     | assisting with the preparation of materials for ratings agency presentations, bank information memoranda, 
 offering documents, private placement memoranda and similar customary documents;                          |

78

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83

| • |     | cooperating with syndication or marketing efforts of SES and its financing sources (including making senior 
 management available to participate in “road shows”);                                                       |

| • |     | upon reasonable prior notice and during normal business hours, participating in a reasonable number of meetings,                  
 drafting sessions, due diligence sessions, sessions with ratings agencies and presentations to prospective lenders and investors; |

| • |     | furnishing, or using commercially reasonable efforts to cause third parties to furnish, customary financial,                                                                                                                      
 business and other pertinent information, documents and materials,