Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 638

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 638
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 2.1shall be cast in accordance with the applicable procedures relating thereto, including in accordance with Indiana’s Organizational Documents, so as to ensure that it is duly counted for purposes of determining whether a quorum is present and for purposes of recording the results of the vote. (d) Notwithstanding anything in this Section 2.1to the contrary, (i) no Shareholder shall be required to vote (or direct to be voted) any of its Covered Indiana Shares to amend the Purchase Agreement (including any Exhibits thereto) or take any action that could result in the amendment or modification, or a waiver of a provision therein, in any such case, in a manner that (1) reduces the consideration to be paid to Indiana in connection with the Acquisition Transactions, (2) changes the form of consideration payable in the connection with the Acquisition Transactions, or (3) would allow such Shareholder to terminate this Agreement in accordance with Sections 6.1(c), 6.1(d)or 6.1(e), and (ii) each Shareholder shall retain at all times the right to vote the Covered Indiana Shares with respect to any matter not covered by this Section 2.1in any manner such Shareholder deems appropriate. Section 2.2 Irrevocable Proxy. From the period commencing on the date of this Agreement and continuing until the earlier of the Termination Date and April 30, 2026 (such date of termination, the “ Proxy Termination Date”), without limiting the obligations of the Shareholders under this Agreement, each Shareholder[, excluding those listed on Exhibit B,] 3hereby irrevocably appoints, as its proxy and attorney-in-fact,Saturn, with full power of substitution and resubstitution, to vote such Shareholder’s Covered Indiana Shares in accordance with Section 2.1: (i) at any meeting of Indiana’s shareholders (including any reconvening, postponement, recess or adjournment thereof) or other circumstance in which the vote or other approval of Indiana shareholders is sought in connection with the Transactions or otherwise in connection with the Supported Matters, and strictly limited only to the resolutions as to which such Supported Matter is to be considered, and (ii) to cause to be convened the Indiana Shareholders’ Meeting to the extent required by Section 2.1(b); provided, however, for the avoidance of doubt, that each Shareholder shall retain at all times the right to vote such Shareholder’s