Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 512

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 512
---

supporting the reporting of the Indiana Aggregate Phase II C-Band Proceeds on any Return, the successful challenge of which position would be material to Indiana and its Subsidiaries, taken as a whole.

Section 3.18 .

(a) Except as would not, individually or in the aggregate, reasonably be expected to have an Indiana Material Adverse Effect, since the
Reference Date, each of Indiana and its Subsidiaries (i) is and has been in compliance with all Environmental Laws; (ii) has not received any written notice, notification, demand, request for information, citation, summons or order, nor
any alleged claim, complaint, violation of or Liability under any Environmental Law; (iii) has not received any penalty assessed against it, nor are any Actions pending or, to the knowledge of Indiana, threatened, by any Person or Governmental
Authority against it; (iv) has not disposed of, emitted, discharged, handled, stored, transported, used or released any Hazardous Materials, or arranged for the disposal, discharge, storage or release of any Hazardous Materials; and
(v) has not entered into any agreement that may require it to guarantee, reimburse, pledge, defend, hold harmless or indemnify any other party with respect to Liabilities arising out of Environmental Laws or the Hazardous Materials related
activities of Indiana or its Subsidiary.

(b) Except as would not, individually or in the aggregate, reasonably be expected to have an
Indiana Material Adverse Effect, there are no Hazardous Materials in, on or under any Indiana Properties which could give rise to any material Liability or corrective or remedial obligation of Indiana or its Subsidiary under any Environmental Laws.

A-34

Section 3.19 .

(a) of the Indiana Disclosure Schedules sets forth, to the extent permitted by applicable Law, each
Indiana Material Contract in effect on the date hereof. As used herein, “” means any of the following Contracts (other than any Indiana Plan) to which Indiana or any of its Subsidiaries is a party or by
which it is bound:

(i) any Contract with any of the Top Indiana Customers or Top Indiana Suppliers, which, individually or
in the aggregate together with any related Contracts, involve amounts greater than $5,000,000;

(ii) any Contract
evidencing Indebtedness of Indiana or any of its Subsidiaries which, individually or in the aggregate together with any related Contracts, involve amounts greater