Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 645

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 645
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, a “”), including pursuant to and , the Rights Agent shall pay the
applicable pro rata share of such CVR Payment Amount to (a) each Holder holding its CVRs directly on the CVR Register (i) by check mailed to the address of such Holder as reflected on the CVR Register as of the close of business on
the last Business Day prior to such date or (ii) if such Holder has provided the Rights Agent with wire transfer instructions in writing, by wire transfer of immediately available funds to the account specified in such instructions, and
(b) Beneficial Owners of the CVRs holding through their respective DTC Participants by sending a lump payment to DTC in respect of all such CVRs. The Rights Agent shall have no responsibilities whatsoever with regard to the distribution of
payments by DTC to such Beneficial Owners. The pro rata share of

B-9

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

each CVR Payment Amount due to each Holder shall be determined by multiplying the CVR Payment Amount by a fraction (A) the numerator of which is the total number of CVRs owned by such Holder
on the CVR Payment Date (or any record date established by the CVR Issuer in accordance with this Agreement) and (B) the denominator of which is the total number of CVRs Outstanding on the CVR Payment Date (or such record date, as applicable).

Section 2.6 . The CVR Issuer may set a record date for purposes of determining the identity of Holders entitled to
(a) receive the CVR Payment Amount or (b) consent to any other matter which is specifically delegated to the Holders under this CVR Agreement. The record date with respect to any CVR Payment shall be at least three (3) Business Days
prior to the CVR Payment Date and no more than twenty (20) days prior to the CVR Payment Date. If not set by the CVR Issuer prior to the first solicitation of a Holder of CVRs made by any Person in respect of any such action, the record date
for such action shall be the later of twenty (20) days prior to the first solicitation of such consent or the date of the most recent list of Holders furnished to the Rights Agent prior to such solicitation. If a record date is fixed, those
Persons who were Holders at such record date (or their duly designated proxies),