Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 140

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 140
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 the Holders at their addresses as they appear on the CVR Register, setting forth such amendment. Upon the execution of any such amendment, the CVR Agreement will be modified in accordance therewith, such amendment will form a part of the CVR Agreement for all purposes and SES, the Rights Agent, and each Holder will be bound thereby. Termination The CVR Agreement and the CVRs issued thereunder will automatically terminate, without further action of the parties to the CVR Agreement, and be of no force or effect, and the parties to the CVR Agreement will have no liabilities thereunder or with respect to any of the CVRs, upon the earlier to occur of (i) the date on which all of the Applicable Spectrum has been monetized pursuant to one or more events of Qualified Monetization (and all of the Applicable Consideration resulting therefrom has been deposited with the Rights Agent for further distribution to the Holders) and (ii) 7.5 years after the date of the CVR Agreement (the “CVR Outside Date”). In the event (i) an Applicable Order has been issued prior to the CVR Outside Date or (ii) SES (or any of its affiliates) enters into a definitive agreement in respect of an Applicable Transfer prior to the CVR Outside Date, but Gross Proceeds resulting from any event described in the foregoing clause (i) or (ii) have not been received as of the CVR Outside Date, the CVR Outside Date will automatically be extended to the date on which all of the Applicable Consideration payable hereunder in respect of such event(s) has been deposited with the Rights Agent for further distribution to the Holders. Waiver of Jury Trial Each of SES and the Rights Agent will waive all right to a trial by jury in any action or claim arising out of any dispute in connection with the CVR Agreement, any rights or obligations under the CVR Agreement or the performance of any such rights or obligations. 89

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 RELATED AGREEMENTS – INTELSAT SHAREHOLDER SUPPORT AGREEMENTS This section describes the material terms of the Support Agreements, entered into and executed among SES, Intelsat and (i) certain funds and accounts managed, advised or sub-advisedby Pacific Investment Management Company LLC, as investment manager, advisor or sub-advisor(such funds or accounts, the “PIMCO Funds”), (ii)