Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 413

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 413
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 and other property and equipment |     | $                      |  5,055,890 |   |     | $                    | 4,124,356 |

| (18) | Reflects the fair value adjustment related to the ARPs the Company expected to receive in the first half of 
 2024.                                                                                                       |

| (19) | Reflects the adjustment to goodwill for the excess of the reorganization value of the assets over the fair 
 value of identifiable tangible and intangible assets.                                                      |

| (20) | Changes in non-amortizable intangible assets reflect the fair value                                                                                          
 adjustment due to the adoption of Fresh Start Accounting. The following table summarizes the components of non-amortizable intangible assets (in thousands): |

|                                         |     | Predecessor Historical 
 Value                  |           |     | Successor Fair Value |           |
|:----------------------------------------|:----|:-----------------------|----------:|:----|:---------------------|----------:|
| Orbital Slots                           |     | $                      | 2,250,000 |     | $                    | 1,000,000 |
| Trade name                              |     |                        |    45,000 |     |                      |    50,000 |
| Total non-amortizable intangible assets |     | $                      | 2,295,000 |     | $                    | 1,050,000 |

| (21) | Changes in amortizable intangible assets, net reflects the fair value adjustment due to the adoption of Fresh        
 Start Accounting. The following table summarizes the components of the amortizable intangible assets (in thousands): |

|                                            |     | Predecessor Historical 
 Value                  |            |   |     | Successor Fair Value |         |
|:-------------------------------------------|:----|:-----------------------|-----------:|:--|:----|:---------------------|--------:|
| Backlog and other                          |     | $                      |    744,760 |   |     | $                    |  70,009 |
| Customer relationships                     |     |                        |    534,030 |   |     |                      |  44,670 |
| Software                                   |     |                        |     50,383 |   |     |                      |  63,926 |
| Total amortizable intangible assets, gross |     |                        |  1,329,173 |   |     |                      | 178,605 |
| Less: