Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 570

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 570
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, if such amendment, restatement, replacement, supplement, termination, modification
or waiver would (i) impose new, modified or additional conditions precedent to the amount, receipt or availability of the Debt Financing beyond those expressly set forth in the Bridge Facility Agreement, (ii) be reasonably expected to
prevent, impede, delay or impair, or expand any existing conditions of, the availability of all or a portion of the Debt Financing or the consummation of the transactions contemplated hereby (including, without limitation, by making any condition to
the receipt or funding of the Debt Financing less likely to be satisfied), (iii) otherwise adversely affect the ability of Saturn to enforce its rights to obtain the Debt Financing under the Bridge Facility Agreement (or any replacement thereof
where such replacement Debt Financing is otherwise expressly permitted under this ) or (iv) relieve or release any Debt Financing Source from its obligations under the Bridge Facility Agreement other than
in connection with the entry into of a replacement Debt Financing (including for those purposes, any Retained SSNs (as defined in paragraph (d) below)) where such replacement Debt Financing is otherwise expressly permitted under this
; that Saturn may amend the Bridge Facility Agreement to add initial lenders, lead arrangers, bookrunners, syndication agents or other similar roles that had not executed the Bridge Facility
Agreement as of the date of this Agreement so long as doing so would not impose, and would not reasonably be expected to impose, new, modified or additional conditions or expand any existing conditions to the amount, receipt or availability of the
Debt Financing or result in any amendments to the Bridge Facility Agreement that would not otherwise be permitted without Indiana’s consent.

(d) As promptly as practicable following execution thereof, Saturn shall furnish to Indiana a correct and executed copy of any such amendment,
restatement, replacement, supplement, modification, waiver or consent of or relating to the Bridge Facility Agreement and any related fee letter(s) entered into in connection with the Debt Financing. For purposes of this Agreement (other than with
respect to representations in this Agreement made by Saturn that speaks as of the date of this Agreement), references to (i) the “Debt Financing” will include (A) the financing contemplated by the Bridge Facility Agreement as
permitted by this Section to be amended, restated, replaced, supplemented or otherwise modified or waived, and (B) the portion of the Indiana Notes (or any replacement thereof) (if any) that is not subject to the
Pre-Closing Notes Repurchase and