Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 611

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 611
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 as used in and , any
Person owning a securities entitlement with respect to CVRs registered to Cede & Co. (or such other nominee as may be selected by DTC), as nominee for DTC, which securities entitlement is held directly or indirectly through the book-entry
system maintained by DTC and DTC Participants and which securities entitlement has not been ultimately credited to any other Person’s securities account. “Beneficially Owns”, “Beneficially Owned” and “Beneficial
Ownership” shall have the correlative meanings.

“” means the board of directors (or other
applicable governing body) of the CVR Issuer.

“” means a copy of a resolution certified by a duly
authorized officer of the CVR Issuer to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Rights Agent.

“” means any day that is not a Saturday, a Sunday or other day on which banks are required by applicable Law to
be closed in New York, New York or the Grand Duchy of Luxembourg.

“” means one or a series of related
transactions (including by way of merger, purchase, amalgamation, consolidation, scheme of arrangement or other business combination transaction) pursuant to which a Person or group of Persons (within the meaning of Section 13(d)(3) or
Section 14(d)(2) of the Exchange

B-2

Act or any successor provision) acquires, directly or indirectly: (a) more than fifty percent (50%) of the voting power of the CVR Issuer (or the surviving entity in such transaction if such
transaction is merger, consolidation or similar transaction and the CVR Issuer is a constituent party thereto); or (b) all or substantially all of the assets of the CVR Issuer and its Affiliates (taken as a whole and as measured by asset
valuations or other fair market value determinations); provided that the foregoing references to Person shall be deemed not to include Affiliates of the CVR Issuer.

“” has the meaning set forth in .

“” means, collectively, the rights of Holders to receive a contingent cash payment pursuant to the terms of this
Agreement.

“” has the meaning set forth in the Preamble.

“” has the meaning set forth in .

“” means any date a CVR Payment Amount is paid by the Rights Agent to the Holders pursuant to
.

“