Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 439

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 439
---
     |     |                                                     |                | $ |                 832,705 |     | $ |                 742,138 |
| Liabilities             |     |                                                     |                |   |                         |     |   |                         |
| Current                 |     |                                                     |                |   |                         |     |   |                         |
| Operating               |     | Other current liabilities                           |                | $ |                  26,491 |     | $ |                  29,950 |
| Finance                 |     | Finance lease liabilities                           |                |   |                  28,674 |     |   |                  35,652 |
| Long-term               |     |                                                     |                |   |                         |     |   |                         |
| Operating               |     | Other long-term liabilities                         |                |   |                 192,285 |     |   |                 172,506 |
| Finance                 |     | Finance lease liabilities, net of current portion   |                |   |                 508,068 |     |   |                 478,115 |
| Total lease liabilities |     |                                                     |                | $ |                 755,518 |     | $ |                 716,223 |

| (1) | Net of accumulated amortization of $18.5 million and $86.6 million as of December 31, 2023 and 
 2024, respectively.                                                                            |

F-147

The following table sets forth supplemental information related to the components of lease expense (in thousands):

|                               |     |                                              | Classification | Predecessor |   Two Months 
        Ended 
 February 28, 
         2022 |   |     | Successor |   Ten Months 
        Ended 
 December 31, 
         2022 |   |     |   |   Year Ended 
 December 31, 
         2023 |   |     |   |   Year Ended 
 December 31, 
         2024 |   |
|:------------------------------|:----|:---------------------------------------------|:---------------|:------------|-------------:|:--|:----|:----------|-------------:|:--|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Operating lease cost          |     | Direct costs of revenue                      |                | $           |        6,229 |   |     | $         |       43,254 |   |     | $ |       54