Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 493

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 493
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 by applicable Tax Law. To the extent that such amounts are so withheld by Saturn or any of its Affiliates, such withheld amounts shall be treated for all purposes of this Agreement as
having been paid to the applicable Person in respect of which such deduction and withholding was made. Saturn acknowledges and confirms that, as of the date hereof, other than payments in respect of compensation for services, payments remitted to
parties other than Indiana, and payments with respect to the CVRs, it is not aware of any deduction or withholding under the Code or any other provision of applicable Tax Law required in respect of the payment of the Transaction Consideration to
Indiana. If Saturn or its Affiliates determines that an amount is required to be deducted and withheld from the Transaction Consideration, Saturn and its Affiliates shall (a) use commercially reasonable efforts to provide Indiana with notice as
soon as reasonably practicable of Saturn’s or its Affiliates’ intent to deduct and withhold, which shall include a copy of the calculation of the amount to be deducted and withheld the applicable Law supporting such calculation and
(b) reasonably cooperate with Indiana and Holdings to reduce, minimize or eliminate such potential deductions and withholdings, including by providing a reasonable opportunity to provide any required certifications or other documentation to
reduce, minimize or eliminate any such deduction or withholding.

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF INDIANA

Except as set forth in the corresponding sections or subsections of the disclosure schedules delivered by Indiana to Saturn immediately prior
to the execution hereof (collectively, the “”) and subject to , Indiana hereby represents and warrants to Saturn as follows:

Section 3.1 .

(a) Each of Indiana and Holdings (i) is duly organized and validly existing under the Laws of the Grand Duchy of Luxembourg,
(ii) has all necessary corporate power and authority to own, lease and operate its properties and to carry on its business as it is now being conducted and (iii) is duly qualified or licensed as a foreign corporation or other legal Entity
(as the case may be) to do business, and is in good standing (or its equivalent), in each jurisdiction where the character of the properties and assets occupied, owned, leased or operated by it or the nature of its business makes such qualification
or licensing necessary, except, in the case of clause (iii), for any such failure to be so qualified or licensed that would not, individually or in the aggregate, reasonably be expected to have an Indiana Material Adverse Effect or prevent