Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 418

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 418
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 |     |              | 11,405 |   |     |              | (9,490 | ) |     |              | (19,654 | ) |     |              | (16,361 | ) |
| Total                                    |     |              | 11,405 |   |     |              | (9,490 | ) |     |              | (19,654 | ) |     |              | (16,361 | ) |
| Total income tax provision (benefit):    |     | $            |  4,894 |   |     | $            | (3,905 | ) |     | $            |    (591 | ) |     | $            |  23,432 |   |

The income tax provision (benefit) was different from the amount computed using the Luxembourg statutory income tax rate of 24.94% for all periods presented for the reasons set forth in the following table (in thousands):

|                                                                          |     | Predecessor |   Year Ended 
 December 31, 
         2021 |   |     |   |   Two Months 
        Ended 
 February 28, 
         2022 |   |     | Successor |   Ten Months 
        Ended 
 December 31, 
         2022 |   |     |   |   Year Ended 
 December 31, 
         2023 |   |
|:-------------------------------------------------------------------------|:----|:------------|-------------:|:--|:----|:--|-------------:|:--|:----|:----------|-------------:|:--|:----|:--|-------------:|:--|
| Expected tax provision (benefit) at Luxembourg statutory income tax rate |     | $           |      322,882 |   |     | $ |    1,153,585 |   |     | $         |      (18,450 | ) |     | $ |      210,687 |   |
| Foreign income tax differential                                          |     |             |       49,506 |   |     |   |        1,227 |   |     |           |       22,123 |   |     |   |      (22,723 | ) |
| Luxembourg financing activities                                          |     |             |       27,759 |   |     |   |        5,435 |   |     |           |       18,300 |   |     |   |     (