Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 608

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 608
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 Duchy of Luxembourg registered
under number B162135 with the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés de Luxembourg) (“”) and the shareholders of Indiana listed on
hereto (collectively, the “” and, together with Saturn and Indiana, the “”).

RECITALS

WHEREAS,
concurrently with the execution and delivery hereof, Saturn and Indiana are entering into that certain Share Purchase Agreement, dated as of the date hereof (as in effect on the date hereof, the “”) providing for,
among other things, the acquisition by Saturn of 100% of the issued and outstanding equity securities of Intelsat Holdings S.à r.l. on the terms and subject to the conditions of the Purchase Agreement (such acquisition, together with the
other transactions contemplated by the Purchase Agreement, the “”);

WHEREAS, following the
consummation of the Acquisition Transactions, it has been proposed that Indiana liquidate in accordance with applicable Law and Indiana’s Organizational Documents (the “” and, together with the Acquisition
Transactions, the “”), on the terms and subject to the conditions of the Purchase Agreement;

WHEREAS, the
consummation of the Transactions is conditioned upon Indiana obtaining the Indiana Shareholder Approval;

WHEREAS, as of the date hereof,
the Shareholders collectively Beneficially Own (as defined below) [●] common shares, without nominal value, of Indiana (“”), as set forth on attached hereto (the
“”); and

WHEREAS, as a material condition and inducement to Saturn’s willingness to enter into the
Purchase Agreement, the Shareholders have agreed to enter into this Agreement.

NOW, THEREFORE, in consideration of the foregoing and the
representations, warranties, covenants and agreements contained herein, and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, intending to be legally bound hereby, the Parties agree as follows:

ARTICLE I

DEFINITIONS AND INTERPRETATIONS

Section 1.1 . As used herein:

“” means, with respect to any Person, any other Person directly or indirectly Controlling, Controlled by or under
common Control with such Person as of the date on which, or at any time during the period for which, the determination of affiliation is being made (including any investment fund the primary investment advisor to which is such Person or an Affiliate
thereof); that (i) no Shareholder shall be deemed an Affiliate