Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 274

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 274
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 activities and imposing liability for insiders who profit from trades made within a short period of time;       |

| • |     | the rules under the Exchange Act requiring the filing with the SEC of an annual report on Form 10-K, quarterly reports on Form 10-Q containing unaudited financial and other specified information, or current reports on Form 8-K, 
 upon the occurrence of specified significant events; and                                                                                                                                                                            |

224

Regulation Fair Disclosure or Regulation FD, which regulates selective disclosure of
material nonpublic information by issuers.

SES will be required to file an annual report on Form
20-F within four months of the end of each fiscal year. In addition, SES will be required to file financial results and material events to the SEC on Form 6-K. However,
the information SES is required to file with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U.S. domestic issuers. Accordingly, there may be less publicly available information
concerning our business than there would be if we were a U.S. public company.

225

ENFORCEABILITY OF CIVIL LIABILITIES UNDER U.S. SECURITIES LAWS SES is a public limited liability company (société anonyme or S.A.) organized under the laws of the Grand Duchy of Luxembourg. All the members of the SES Board and certain of its senior management named in this prospectus reside outside the United States and a substantial portion of their assets are located outside the United States. As a result, it may not be possible to effect service of process within the United States upon these individuals or upon SES or to enforce judgments obtained in U.S. courts based on the civil liability provisions of the U.S. securities laws against SES in the United States. Awards of punitive damages in actions brought in the United States or elsewhere are generally not enforceable in Luxembourg and penalty clauses and similar clauses on damages or liquidated damages are only allowed to the extent that they provide for a reasonable level of damages and the courts of Luxembourg have the right to reduce or increase the amount thereof if it is unreasonably high or low. As there is no treaty in force on the reciprocal recognition and enforcement of judgments in civil and commercial matters between the United States and the Grand Duchy of Luxembourg, courts in Luxembourg will not automatically recognize and enforce a judgment rendered by a U.S. court. A valid and enforceable judgment obtained from a competent court in the United States in a civil or commercial