Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 467

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 467
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 |     | .pdf Signature                                             |     |      | A-84 |

| Exhibits  |     |                           |
| Exhibit A |     | Form of Support Agreement |
| Exhibit B |     | Form of New CVR Agreement |
| Exhibit C |     | Form of Transfer Form     |

A-iii

SHARE PURCHASE AGREEMENT

THIS SHARE PURCHASE AGREEMENT, dated as of April 30, 2024 (this “”), is by and between SES S.A., a
sociétéanonyme existing under the laws of the Grand Duchy of Luxembourg registered under number B81267 with the Luxembourg Registre de commerce et des sociétés(“”), and Intelsat S.A., a sociétéanonyme existing under the laws of the Grand Duchy of Luxembourg registered under number B162135 with the Luxembourg Registre de
commerce et des sociétés (“” and, together with Saturn, the “”).

RECITALS

A. Indiana owns all of the outstanding shares (the “”) in Intelsat Holdings
S.à.r.l., a sociétéàresponsabilitélimitée existing under the laws of the Grand Duchy of Luxembourg registered
under number B 149954 with the Luxembourg Registre de commerce et des sociétés (“”).

B. On
the terms and conditions hereof, Saturn desires to acquire, and Indiana desires to sell to Saturn, all of the Transferred Shares and the Transferred Assets.

C. The Board of Directors of Indiana (the “”) has unanimously (i) determined that this Agreement and
the Transactions are in the best interests of Indiana, (ii) approved this Agreement and the Transactions and (iii) resolved to recommend that the shareholders of Indiana (the “”) approve the Indiana
Shareholder Approval Resolutions at a duly held extraordinary general meeting of such shareholders convened for such purpose.

D.
In order to induce Saturn to enter into this Agreement and cause the Transactions to be consummated, certain Indiana Shareholders are, concurrently with the execution hereof, entering into voting and support agreements substantially in the form
attached hereto as (each, a “” and, collectively, the “”), pursuant to which, among other things, each such Indiana Shareholder has agreed to
vote its Indiana Common Shares in favor of the Indiana Shareholder Approval Resolutions.

E. At the Closing, Saturn and a rights
agent mutually agreeable to Saturn and Indiana (the “”) shall enter into the New CVR Agreement