Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 176

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 176
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 system to continue delivering high-throughput and predictable low-latency services at scale.

On January 23, 2025, SES announced it had repurchased in the open market an aggregate amount of €99,978,000 principal amount of its
€625,000,000 Deeply Subordinated Fixed Rate Resettable securities issued on May 27, 2021. In accordance with the terms and conditions of the securities, the purchased securities will be cancelled. Following these transactions, the outstanding
principal amount of the securities is €525,022,000. Payment in relation to the securities will be made in accordance with the usual procedures of Clearstream,

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Luxembourg, and/or Euroclear. The success of these transactions reduces SES’s outstanding debt obligation, demonstrating SES’s financial flexibility and its strong cash-generation
profile.

About SES’s Business Units

SES does business in one operating segment, namely the provision of satellite-based data transmission capacity, and ancillary services, to
customers around the world.

The Senior Leadership Team, which is the chief operating decision-making committee in SES’s corporate
governance structure, reviews SES’s financial reporting and generates proposals for the allocation of SES’s resources which are submitted for validation to the SES Board. Additionally, SES provides revenue information on a more
disaggregated basis, namely split into its two business units – Networks and Video.

Networks

SES’s Networks business unit is focused on delivering secure, reliable, and high-performing connectivity products and services to
customers across three sub-units—Government, Fixed Data, and Mobility.

SES’s Government
sub-unit delivers secure and reliable connectivity to support mission-critical requirements of government agencies and institutions in the most demanding locations worldwide. Our Government sub-unit accounted for 50% of the revenue generated in Networks (2023: 49%), 75% of which is generated from contracts with U.S. defense and civilian agencies while the remaining 25% is generated from a range of
global government and institutional clients such as the United Nations, the Luxembourg Government, and the European Space Agency.

By
providing connected services and end-to-end satellite solutions through a secure integrated space and terrestrial network, we enable a range of connectivity capabilities
for government services such as Intelligence and Surveyance and Recovery missions. In addition, we secure connectivity for land-based operations, and communications on the move for mobile missions on land, sea, and air. We also enable
governments, NGOs, and humanitarian organizations to mount coordinated crisis responses for humanitarian assistance