Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 672

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 672
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shall only apply to such fund or account as managed, advised or sub-advisedby the Legacy Indiana Adviser (or any Controlled Affiliate thereof) and shall not apply to such managed fund or account in any other capacity as to which the Legacy Indiana Adviser or a Controlled Affiliate thereof does not have any investment discretion or control.] 4For the avoidance of doubt, nothing herein shall prevent a Shareholder (or its Representatives), in its capacity as a shareholder of Saturn, from making or issuing any Communications (as defined below), or participating in any third-party discussions, conversations, negotiations or other communications, regarding any direct or indirect acquisition or purchase of or by Saturn, in one transaction or in a series of related transactions, whether by merger, sale of stock, sale of assets or otherwise that is not specifically contemplated by the Purchase Agreement or this Agreement. Section 3.2 Share Dividends, Distributions, Etc.In the event of a stock split, reverse stock split, share dividend or distribution, or any change in Indiana Common Shares by reason of any recapitalization, combination, reclassification, exchange of shares or similar transaction, the terms “ Existing Shares” and “ Covered Indiana Shares” shall be deemed to refer to and include all such share dividends and distributions and any Indiana securities into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction. Section 3.3 Lock-Up. (a) During the Term, no Shareholder shall Transfer any Covered Indiana Shares. Notwithstanding the foregoing, such Shareholder may Transfer any or all of its Covered Indiana Shares: (i) to any Affiliate of such Shareholder, including, for the avoidance of doubt, any distribution or transfer to any investment fund, account or other entity managed, advised or sub-advisedby the same manager, adviser or sub-adviserof such Shareholder or any Affiliate thereof or any distributions to partners (general or limited), members, managers, stockholders or other equity holders of any Shareholder; provided,

| 4 | Bracketed language is only included in the PIMCO Funds Support Agreement. |

C-5

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 however, that, in any such case, prior to and as a condition to the effectiveness of such Transfer, each Person to which any of such Covered Indiana Shares or any interest in any of such Covered Indiana Shares is Transferred shall have executed and delivered to Saturn a joinder