Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 375

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 375
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,976,209 Class B shares at an average price of €2.09 per B-share,resulting in a total cost of the program of EUR 150 million. Subject to the agreement of the shareholders, the Company also purchases FDRs in connection with executives’ and employees’ share-based payment plans. As of December 31, 2024, the Company held 3,898,699 FDRs (December 31, 2023: 5,575,410 FDRs, December 31, 2022: 6,565,553 FDRs) relating to such plans. These FDRs are disclosed as treasury shares in the consolidated statements of financial position and are carried at acquisition cost as a deduction from equity.

|                                                   |     | 2024 |            |     | 2023 |           |     | 2022 |           |
| FDRs held as of December 31                       |     |      | 27,851,115 |     |      | 9,615,110 |     |      | 6,565,553 |
| Carrying value of FDRs held (€ million)           |     |      |        173 |     |      |        90 |     |      |        81 |
| Class B shares held as of December 31             |     |      | 11,976,209 |     |      |         — |     |      |         — |
| Carrying value of Class B shares held (€ million) |     |      |         25 |     |      |         — |     |      |         — |

EUR 550 million Deeply Subordinated Fixed Rate Resettable Securities In November 2016 SES issued Deeply Subordinated Fixed Rate Resettable Securities for an amount of EUR 550 million, with a first call on January 29, 2024. The securities bear a coupon of 5.625% per annum to the first call date and were priced at 99.304% of their nominal value. Tender premium and transaction costs for this transaction amounted to EUR 8 million and were deducted from “Other reserves”. On December 4, 2023 the Company issued a notice of redemption to holders of its EUR 550 million Deeply Subordinated Fixed Rate Resettable Securities with a call date on January 29, 2024, on which date the Company fully settled those securities. F-73

Confidential Treatment Requested by SES

Purs