Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 105

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 105
---
 exchange rates, in each case, in the United States or elsewhere in the world; |

| • |     | any failure, in and of itself, by Intelsat to meet any opinion, projection, forecast, statement, budget,                                                                                                                                                 
 estimate, advice or other similar information (including information with respect to the future revenues, earnings, results or operations (or any component thereof), cash flows, financial condition (or any component thereof) or future business and  
 operations, as well as any other business plan and cost-related plan information), made, communicated or furnished (orally or in writing), or to be made, communicated or furnished (orally or in writing), to SES or any of its affiliates or its       
 representatives (it being understood that the events, changes, circumstances, occurrences or effects giving rise to or contributing to such failure may be deemed to constitute or to be taken into account in determining whether there has occurred or 
 would reasonably be expected to occur a material adverse effect with respect to Intelsat to the extent such events, changes, circumstances, occurrences or effects are not otherwise excluded under the other clauses of the definition);                |

| • |     | the execution and delivery of the Share Purchase Agreement or the public announcement of the Transactions,                                                                                                                                   
 including (A) the impact thereof on the relationships, contractual or otherwise, of Intelsat or any of its subsidiaries with any customers, suppliers, distributors, partners, or employees and (B) the initiation of any claim or action by 
 any person or arising out of or relating to the Share Purchase Agreement;                                                                                                                                                                    |

| • |     | any change, in and of itself, in the market price or trading volume of Intelsat’s securities (it being                                            
 understood that the events, changes, circumstances, occurrence or effects are not otherwise excluded under the other clauses of this definition); |

| • |     | any changes in the applicable law, applicable accounting principles or any authoritative interpretation thereof 
 first introduced after the date of the Share Purchase Agreement;                                                |

| • |     | geopolitical conditions (or changes in such conditions), the outbreak or escalation of hostilities, any acts of 
 war, sabotage or terrorism, or any escalation or worsening of any such acts of war, sabotage or terrorism;      |

| • |     | any epidemic, pandemic, disease outbreak (including the COVID-19 virus)                                       
 or other public health crisis or public health event, or any escalation or worsening of any of the foregoing; |

| • |     | any