Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 164

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 164
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 Our Government sub-unit accounts for 49% of the revenue generated in Networks (2022: 40%), 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, as of December 31, 2023.

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 and disaster recovery.

SES’s Mobility sub-unit is split between
(i) in-flight connectivity, and (ii) maritime connectivity, which has a customer base that includes major cruise lines. Our Mobility sub-unit accounts for 26%
of Networks revenues (2022: 28%), of which 50% comes from supporting key in-flight connectivity providers such as Gogo Commercial Aviation (part of Intelsat), Thales Avionics, Panasonic, and Anuvu, which rely
on us for fast, reliable connectivity to support their major airline clients, as of December 31, 2023. We also operate a business key connectivity service, Luxstream, on behalf of our partner Collins Aerospace. 50% of revenue generated under
this sub-unit stems from a combination of serving the top major cruise lines such as MSC, Carnival, Virgin Voyages, and Royal Caribbean, as well as commercial maritime customers like Marlink, as of
December 31, 2023. Our onboard connectivity service enables guaranteed data speeds, low latency and secure satellite connectivity globally, and it includes the fully managed
end-to-end service of SES Cruise mPOWERED + Starlink solution.

Our Fixed Data sub-unit enables major telecom companies and mobile network operators to expand their
coverage and connect more people in more places with 4G and 5G services. Fixed Data accounts for 25% of Networks revenue, as of December 31, 2023 (2022: 32%). Our customer base in this sub-unit is well
distributed across all geographies and key markets from the Americas to Asia-Pacific. 40% of Fixed Data revenue comes from the Americas; Europe, Africa, and