Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 81

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 81
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 other significant benefits, including the following:

| • |     | Synergies. By integrating the two companies, SES expects to deliver synergies from the combination of                                                                                                                                        
 selling, general, and administrative savings as well as optimization of third-party capacity costs and future efficiencies in procurement. The remaining synergies will be captured from optimizing the combined satellite fleets and ground 
 infrastructure with the process expected to start soon after the Closing.                                                                                                                                                                    |

| • |     | Expanded Capabilities. The Combined Group is expected to be a stronger multi-orbit operator better able to                                                                                                                                                
 compete in a fast-moving communications landscape and respond to the evolution of competing communications technologies, such as new and rapidly emerging non-GEO satellite constellations from well-funded LEO                                           
 satellite providers and greater commoditization of satellite capacity and connectivity. With a combined fleet of more than 100 GEO and 26 MEO satellites, the combined SES will benefit from enhanced coverage, greater network resiliency, complementary 
 spectrum (C-, Ku-, Ka-, Military Ka-, X-band, and                                                                                                                                                                                                         
 Ultra High Frequency) rights, and improved service delivery utilizing an expanded network of ground segment assets. By end-2026, eight new GEO (including 6 software-defined) satellites and seven new MEO (O3b                                           
 mPOWER) satellites are expected to be launched adding further redundancy and additional growth capacity.                                                                                                                                                  |

| • |     | Expanded Capabilities and Network. With the creation of a stronger multi-orbit operator, customers across                                                                                                                                              
 government, mobility, fixed data, and media sub-units are expected to benefit from an expanded set of capabilities and solutions which will enable them to expand their network reach, add further resiliency,                                         
 improve productivity across their operations, and bring world-class experiences to their end-users. The Combined Group will be able to better meet growing government demand for secure, reliable, and                                                 
 high-performance connectivity for a wide range of mission-critical applications. Customers will benefit from the integrated, multi-orbit solutions of both companies and their expertise in delivering trusted services for some of the most demanding 
 government agencies and missions around the world.                                                                                                                                                                                                     |

| • |     | In mobility, customers will be better served from bringing together the two companies’ complementary                                                                                                                                     
 offerings, notably Intelsat’s commercial aviation division which today is serving nearly 3,000 connected aircraft, and SES’s maritime business which includes supporting five major cruise line operators via fully managed, multi-orbit 
 connectivity agreements. The Combined Group