Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 565

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 565
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change, and reasonably cooperate with any request by Saturn for further information reasonably required to understand the impact of such change on the Indiana business; (ii) share with Saturn any information or report on any change to the
Telecommunications Licenses made to the Indiana Board, and (iii) inform Saturn of any change to the Telecommunications Licenses that would reasonably be expected to constitute an Indiana Material Adverse Effect, and reasonably cooperate with
any request by Saturn for further information reasonably required to understand the impact of such change on the Indiana business.

(c)
Notwithstanding anything to the contrary herein, the failure of Indiana to provide any notice required pursuant to this shall not in and of itself give rise to the failure of a condition precedent set forth in
or termination right pursuant to .

(d) If requested in
writing by Saturn prior to Closing, Indiana will reasonably cooperate with Saturn to effect a direct transfer of the equity of Indiana’s U.S. government business that is subject to an FOCI Mitigation Agreement to SES S&D at Closing (or an
alternative structure to achieve a single FOCI-mitigation structure) without any additional consideration but at no additional expense or cost (including Taxes) to Indiana.

A-48

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

Section 5.4 . Indiana agrees that between
the date hereof and the earlier of the Closing and the termination hereof, it shall not, and shall take all action necessary to ensure that none of its Subsidiaries or any of their respective Affiliates and Representatives shall, directly or
indirectly, (a) solicit, initiate, knowingly encourage or facilitate, or accept any proposal or offer that constitutes an Acquisition Proposal or (b) participate in any third-party discussions, conversations, negotiations or other
communications regarding, or furnish to any other Person any information with respect to any proposal that constitutes, or would reasonably be expected to lead to, an Acquisition Proposal. Indiana immediately shall cease and cause to be terminated
all existing discussions, conversations, negotiations and other communications with any third parties conducted heretofore with respect to any of the foregoing. Indiana shall notify Saturn promptly, but in any event within 24 hours, orally and in
writing if any such Acquisition Proposal, or any inquiry or other contact with any Person with respect thereto, is made. Any such notice to Saturn shall indicate in reasonable detail the identity of the Person making such Acquisition Proposal,
inquiry or other