Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 528

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 528
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es thereto; that any fee letter(s) may have fee and other economic and “flex” terms redacted, so long as none of the redacted provisions would affect the
availability or amount of, impose additional or new conditions on (or expand or modify any existing conditions), affect the enforceability or termination of, impair the validity of, or prevent or delay the consummation of the Financing at the
Closing and (iii) a true, complete and fully executed copy of a letter from Saturn’s Debt Financing Sources (or Representatives thereof) addressed to Saturn (or an Affiliate of Saturn) confirming the status of all conditions precedent to
drawdown of the Debt Financing.

(b) As of the date of this Agreement, the Bridge Facility Agreement (i) is in full force and effect,
(ii) is a valid and binding obligation of Saturn and, to the knowledge of Saturn, the other parties thereto, enforceable against Saturn and, to the knowledge of Saturn, the other parties thereto in accordance with its terms (subject to the
effect of any applicable bankruptcy, insolvency (including all Laws relating to fraudulent transfers), reorganization, moratorium or similar Laws affecting creditors’ rights generally and subject to the effect of general principles of equity
(regardless of whether considered in a proceeding at law or in equity)), (iii) has not been amended, modified, supplemented or restated in any respect and no provisions or rights thereunder have been waived, (iv) no such amendment,
supplement or modification is contemplated by Saturn or, to the knowledge of Saturn, by the other parties thereto (other than any amendment, supplement or modification to add additional lenders, agents, arrangers, bookrunners or similar roles),
(v) the respective commitments contained in the Bridge Facility Agreement have not been withdrawn, terminated, repudiated, reduced or rescinded, and, to the knowledge of Saturn, no such withdrawal, termination, repudiation or rescission is
contemplated (except as would be permitted pursuant to ) or the subject of discussions and (vi) no event has occurred which, with or without notice, lapse of time or both, would constitute a Major
Default (as defined in the Bridge Facility Agreement), under the terms and conditions of the Bridge Facility Agreement or which would otherwise enable the Debt Financing Sources to refuse to fund any portion of the loans or any other utilization
under the Bridge Facility Agreement at Closing.

(c) Except as expressly set forth in the Bridge Facility Agreement, there are no
conditions precedent