Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 335

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 335
---
23satellites With effect of February 28, 2024 the Group and the C-Bandoverlay licensees entered into two Settlement Agreements whereby the Group would retain its legal title to the two C-Bandsatellites SES-19and SES-23for an aggregate amount of USD 24,000,000. C-bandreimbursements received in 2024 So far in 2024, the Group has received USD 302 million of C-bandreimbursements. Other than the above, there have been no material events occurring between the reporting date and the date when the consolidated financial statements were approved by the Board of Directors. Note 36—Consolidated subsidiaries, associates The consolidated financial statements include the financial statements of the Group’s subsidiaries and associates listed below:

|                                                                   |     | Country |            |     | Economic   
 interest % 
 2023       |     |     | Consol- 
 idation 
 method  
 2023    |        |     | Economic   
 interest % 
 2022       |     |     | Consol- 
 idation 
 method  
 2022    |        |
| Luxembourg Space Sector Development General Partner S.à r.l.      |     |         | Luxembourg |     |            | 100 |     |         | Full   |     |            | 100 |     |         | Full   |
| Luxembourg Space Sector Development SCSp                          |     |         | Luxembourg |     |            |  50 |     |         | Full   |     |            |  50 |     |         | Full   |
| LuxGovSat S.A.11                                                  |     |         | Luxembourg |     |            |  50 |     |         | Full   |     |            |  50 |     |         | Full   |
| SES-10 S.à r.l. 1                                                 |     |         | Luxembourg |     |            |   — |     |         | —      |     |            | 100 |     |         | Full   |
| SES-17 S.à r.l.                                                   |     |         | Luxembourg |     |            | 100 |     |         | Full   |     |            | 100 |     |         | Full   |
| SES Asia S.à r.l.                                                 |     |         | Luxembourg |     |            | 100 |     |         | Full   |     |            | 100 |     |         | Full   |
|