Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 80

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 80
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 expected to be launched adding further redundancy and additional growth capacity.                                                                                                                                                  |

| • |     | Expanded Capabilities and Network. With the creation of a stronger multi-orbit operator, customers across                                                                                                                                              
 government, mobility, fixed data, and media sub-units are expected to benefit from an expanded set of capabilities and solutions which will enable them to expand their network reach, add further resiliency,                                         
 improve productivity across their operations, and bring world-class experiences to their end-users. The Combined Group will be able to better meet growing government demand for secure, reliable, and                                                 
 high-performance connectivity for a wide range of mission-critical applications. Customers will benefit from the integrated, multi-orbit solutions of both companies and their expertise in delivering trusted services for some of the most demanding 
 government agencies and missions around the world.                                                                                                                                                                                                     |

| • |     | In mobility, customers will be better served from bringing together the two companies’ complementary                                                                                                                                     
 offerings, notably Intelsat’s commercial aviation division which today is serving nearly 3,000 connected aircraft, and SES’s maritime business which includes supporting five major cruise line operators via fully managed, multi-orbit 
 connectivity agreements. The Combined Group will also support the evolving needs of channel partners across the segments.                                                                                                                |

53

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83

| • |     | In fixed data, customers will be able to take advantage of the Combined Group’s expanded multi-orbit network                                                                                                                                         
 coverage, complementary innovations in software-defined delivery, and competitive offerings capable of seamless integration with cloud and 5G applications. Both companies have a proven record serving the requirements of major telecommunications 
 companies, mobile network operators and cloud service providers in this growth segment.                                                                                                                                                              |

| • |     | In media, the Transactions bring together complementary capabilities for customers including pay-TV operators, free-to-air/free-to-view platforms,                                                                                  
 public and private broadcasters, and sports and events brands who will have access to global audience reach with improved redundancy features via a competitive range of broadcast solutions, plus additional value-added services. |

| • |     | Sustained Shareholder Return. The Combined Group is expected to generate approximately                                                                                                                                                                   
 €3.8 billion in annual revenue and is expected to deliver low- to mid-single digit average annual growth over the medium-term, based on our 2024 outlook.                                                                                                
 Growth will be driven by the combination of high growth government, mobility, and fixed data businesses,