Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 667

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 667
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 fund or account as managed, advised or sub-advisedby the Legacy Indiana Adviser (or any Controlled Affiliate thereof) and shall not apply to such Indiana Common Shares or other voting securities of Indiana Beneficially Owned by a Person in any other capacity as to which the Legacy Indiana Adviser or a Controlled Affiliate thereof does not have any investment discretion or control (clause (x) and clause (y), collectively, the “ Share Exceptions”); and provided further,] 2that Covered Indiana Shares Beneficially Owned by any Shareholder shall not include any Indiana securities that such Shareholder Transfers to an unaffiliated third party following the date of this Agreement in compliance with Section 3.3( providedthat such Covered Indiana Shares shall continue to be subject to this Agreement with respect to such third party). “ Indiana Shareholders ’ Agreement” means that certain Shareholders Agreement, dated as of February 23, 2022, by and among Indiana and certain Indiana Shareholders. “ Law” means any statute, law, ordinance, regulation, rule, code, executive order, constitution, treaty, common law, injunction, judgment, decree, Order or other requirement or rule of law of any governmental authority.

| 1 | Bracketed language is only included in the CarVal Shareholders Support Agreement. |

| 2 | Bracketed language is only included in the PIMCO Funds Support Agreement. |

C-2

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

“” means any order, writ, judgment, injunction, decree, ruling,
stipulation, determination or award entered by or with any governmental authority.

“” means, with respect to any
Covered Indiana Shares, any sale, pledge, assignment, encumbrance, hypothecation, disposition or other transfer or disposition of such Covered Indiana Shares, or any right (including voting rights or rights hereunder), title or interest therein or
thereto, to any Person, directly or indirectly, in one or a series of related transactions, whether voluntary or involuntary or by operation of law, including the entry into any swap or any contract, transaction or series of transactions that hedges
or transfers, in whole or in part, directly or indirectly, the economic consequences of ownership of any Covered Indiana Shares or interest therein, regardless of whether such swap, contract, transaction or series of transactions conveys any voting
rights in any equity securities and regardless of whether such swap, contract, transaction