Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 421

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 421
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2022 |   |     |   |   Year Ended 
 December 31, 
         2023 |   |
|:-----------------------------------------------------------------|:----|:------------|-------------:|:--|:----|:--|-------------:|:--|:----|:----------|-------------:|:--|:----|:--|-------------:|:--|
| Balance at beginning of period                                   |     | $           |       51,402 |   |     | $ |       63,039 |   |     | $         |       67,275 |   |     | $ |       66,067 |   |
| Increases (decreases) related to current year tax positions      |     |             |        5,711 |   |     |   |        4,092 |   |     |           |       (1,032 | ) |     |   |        3,329 |   |
| Increases related to prior year tax positions                    |     |             |        8,352 |   |     |   |          150 |   |     |           |          462 |   |     |   |        4,271 |   |
| Decreases related to prior year tax positions                    |     |             |          (14 | ) |     |   |           (6 | ) |     |           |          (78 | ) |     |   |           (3 | ) |
| Expiration of statute of limitations for the assessment of taxes |     |             |       (2,412 | ) |     |   |            — |   |     |           |         (560 | ) |     |   |          (75 | ) |
| Balance at end of period                                         |     | $           |       63,039 |   |     | $ |       67,275 |   |     | $         |       66,067 |   |     | $ |       73,589 |   |

F-157

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

As of December 31, 2022 and 2023, our gross unrecognized tax benefits were
$66.1 million and $73.6 million, respectively (including interest and penalties), of which $56.5 million and $57.2 million, respectively, if recognized, would affect our effective tax rate. As of