Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 281

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 281
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 not automatically recognize and enforce a judgment rendered by a U.S. court. A valid and enforceable judgment obtained from a competent court in the United States in a civil or commercial matter may be declared enforceable by the Luxembourg courts without re-examinationof the merits of the case, subject to compliance with Luxembourg enforcement procedures (exequatur) and provided that certain conditions (which may evolve) set forth in the Luxembourg procedural code and/or established by court precedent are complied with and which, as of the date of this registration statement, include that:

| • |     | the U.S. judgment is enforceable (exécutoire) in the United States and has not been fully enforced in the 
 United States and/or any other jurisdiction;                                                              |

| • |     | the foreign court had ‘indirect jurisdiction’ in the eyes of the Luxembourg courts, namely the dispute                                                                                                                                                    
 was sufficiently connected to the foreign court, the judgment was granted following proceedings where the defendant had the opportunity to appear and, if it appeared, to present a defense, and other conditions for a fair trial have been complied     
 with taking into account all facts and circumstances whether occurring before, during or after trial or the issue and delivery of the judgment and the decision of the U.S. court must not have been obtained by fraud, but in compliance with the rights 
 of the defendant;                                                                                                                                                                                                                                         |

| • |     | the U.S. judgment must relate to a private matter (i.e., be of a civil or commercial nature) and must not be 
 contrary to Luxembourg’s international public policy, as interpreted under Luxembourg law;                   |

| • |     | the U.S. judgment must not have been rendered as a result of or in connection with an evasion of Luxembourg law 
 (“fraude à la loi”); and                                                                                        |

| • |     | there is no contradiction between the U.S. judgment and an already issued judgment of a Luxembourg court. |

In addition, actions brought in a Luxembourg court against SES or the members of the SES Board, its other officers and the experts named herein to enforce liabilities based on U.S. federal securities laws may be subject to certain restrictions. In particular, Luxembourg courts do not award punitive damages. Litigation in Luxembourg is subject to rules of procedure that differ from U.S. rules, including with respect to the taking and admissibility of evidence, the conduct of the proceedings and the allocation of costs. Proceedings in Luxembourg would have to be conducted in the French or German language, and all procedural documents submitted to