Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 136

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 136
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 enter into one or more amendments of the CVR Agreement, for any of the following purposes:

| • |     | to evidence the succession of another person to SES and the assumption by any such successor of the covenants of 
 SES in the CVR Agreement;                                                                                        |

| • |     | to cure any ambiguity, to correct or supplement any provision in the CVR Agreement that may be defective or                                                                                                                                            
 inconsistent with any other provision therein, or to make any other provisions with respect to matters or questions arising under the CVR Agreement; provided that, in each case, such provisions do not adversely affect the interests of any Holder; |

| • |     | to evidence the succession of another person as a successor Rights Agent and the assumption by any such successor 
 of the covenants and obligations of the Rights Agent in the CVR Agreement; or                                     |

| • |     | any other amendments, unless such amendment is adverse to the interests of any Holder (in which case such                                                                                                                    
 amendment will not be effective against such adversely affected Holder without such adversely affected Holder’s prior written consent but will be effective against all of the other Holders who are not adversely affected. |

Amendment of CVR Agreement with the Consent of SES and Holders With the prior written consent of each of (i) Holders holding CVRs representing at least 75% of the outstanding CVRs and (ii) SES, the Rights Agent may enter into one or more amendments to the CVR Agreement for the purpose of adding, eliminating or changing any provisions of the CVR Agreement. Promptly after the execution of any such amendment by SES, the Rights Agent, and, if applicable, the Holders holding CVRs representing at least 75% of the outstanding CVRs, SES will mail (or cause the Rights Agent to mail) a notice thereof by first class mail to the Holders at their addresses as they appear on the CVR Register, setting forth such amendment. Upon the execution of any such amendment, the CVR Agreement will be modified in accordance therewith, such amendment will form a part of the CVR Agreement for all purposes and SES, the Rights Agent, and each Holder will be bound thereby. Termination The CVR Agreement and the CVRs issued thereunder will automatically terminate, without further action of the parties to the CVR Agreement, and be of no force or effect, and the parties to the CVR Agreement will have no liabilities thereunder or with respect to any of the CVRs, upon the earlier to