Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 393

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 393
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 the process of evaluating the financial impact of the anomaly.

F-139

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

(e) Satellite Launches

Galaxy 35 and Galaxy 36 were successfully launched on December 13, 2022. Galaxy 35 replaced Galaxy 3C at the 95ºW location and is in
service as of March 13, 2023, and Galaxy 36 replaced Galaxy 28 at the 89ºW location and is in service as of February 24, 2023. These satellites provide contribution services for broadcasters in North America and dedicated links to
broadcasters allowing them to air live events and programs, including sports, entertainment and breaking news coverage. They also offer in-orbit protection for select customers in the broadcast arc serving
North America.

Intelsat 40e (“IS-40e”) was successfully launched on April 7, 2023
and is in service at the 91ºW location as of May 26, 2023. IS-40e provides focused coverage over North America for our commercial aviation, maritime, land mobility and networks customers, and
monitors and track air pollution across North America with NASA’s hosted payload Tropospheric Emissions: Monitoring of Pollution.

Galaxy 37/Horizons-4 (“G-37/H-4”) was successfully launched on August 3, 2023 and replaced Galaxy 13/Horizons 1 at the 127ºW location. The
G-37 C-band payload, which commenced service on October 3, 2023, provides North American capacity for television media and telecommunication network customers. The H-4 Ku-band payload, which commenced service on October 12, 2023, provides continuity for our mobility, network and U.S. government customers, and is owned by Horizons-4 Satellite LLC (“Horizons 4”), which as of October 12, 2023, is owned jointly by Intelsat and JSAT International, Inc. (“JSAT”). See further discussion in Note 7(c)—Investments—Horizons-4 Satellite LLC. The G-37/H-4 launch completes our comprehensive Galaxy fleet refresh plan.

(f) Satellite Contracts

In
September 2022, the Company entered into a finance lease for a portion of a third-party satellite that was under development. The lease commenced on July 15, 2023, when