Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 196

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 196
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606 |     |           |      833,756 |     |                    | 29,150 |     |     |          4 | % |

134

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83

|                                                         |     | Predecessor |   Two Months 
        Ended 
 February 28, 
         2022 |   |     | Successor |   Ten Months 
        Ended 
 December 31, 
         2022 |   |     | Non-GAAP 
 Combined |   Year Ended 
 December 31, 
         2022 |   |     | Successor |   Year Ended 
 December 31, 
         2023 |   |     | Comparison of 2022 to 
 2023                  |     Dollar 
     Change |   |     |     | Percentage 
     Change |    |
|:--------------------------------------------------------|:----|:------------|-------------:|:--|:----|:----------|-------------:|:--|:----|:---------|-------------:|:--|:----|:----------|-------------:|:--|:----|:----------------------|-----------:|:--|:----|:----|-----------:|:---|
| Selling, general and administrative                     |     |             |       74,772 |   |     |           |      359,375 |   |     |          |      434,147 |   |     |           |      467,322 |   |     |                       |     33,175 |   |     |     |          8 | %  |
| Depreciation and amortization                           |     |             |      104,897 |   |     |           |      461,425 |   |     |          |      566,322 |   |     |           |      536,408 |   |     |                       |    (29,914 | ) |     |     |         (5 | %) |
| Satellite impairment                                    |     |             |            — |   |     |           |        5,177 |   |     |          |        5,177 |   |     |           |            — |   |     |                       |     (5,177 | ) |     |     |         NM |    |
| Impairment of goodwill, non-amortizable intangibles and 
 other assets                                            |     |