Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 333

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 333
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    (69 | ) |     |                 |    — |   |     |               |   — |   |     |               |   (7 | ) |     |             |   — |   |     |       |    (73 | ) |
| Balance as of December 31, 2022                  |     |              |  (139 | ) |     |          | (1,002 | ) |     |                 | (113 | ) |     |               |  (8 | ) |     |               | (464 | ) |     |             |   — |   |     |       | (1,726 | ) |
| Net book value as of December 31, 2022           |     |              | 2,054 |   |     |          |  1,738 |   |     |                 |  121 |   |     |               | 284 |   |     |               |   43 |   |     |             |  51 |   |     |       |  4,291 |   |

F-57

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 Consolidated financial statements as of and for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 Definition of cash-generating units for intangible assets As described in Note 2, as of January 1, 2024 management has aggregated the individual slot-satellite GEO CGUs into a single global GEO CGU for goodwill impairment testing purposes (“GEO CGU”). Management continues to identify the Group’s MEO assets and operations as a separate CGU (“MEO CGU”). The Group’s business plan is approved by the Board of Directors based on consolidated data. The consolidated data is in turn based on separate data prepared for each legal entity of the Group (see Note 38). To prepare business plans for the GEO and MEO CGUs, management allocates revenues, expenses, and other cash flows based on a detailed analysis of the nature of the inflow or outflow. Due to their nature, some expenditures are allocated based on an allocation matrix based on other criteria. Discount rates applied The post-taxdiscount rates for each CGU are presented below:

|                   |     | 2024 |      |   |     | 2023 |      |   |     | 2022 |      |   |
|