Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 457

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 457
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 the following: (i) a share transfer form substantially in the form of Exhibit C(the “ Transfer Form”), duly executed by Indiana and Holdings; (ii) a bill of sale and assignment and assumption agreement for the Transferred Assets in form and substance mutually agreeable to the Parties (the “ Bill of Sale”), duly executed by Indiana; (iii) duly executed written resignations, effective as of the Closing, of the directors and officers of Holdings and its Subsidiaries as set forth on Schedule 2.3(a)(iii)of the Indiana Disclosure Schedules (the “ Resigning D&Os”); provided, however, that no such resignation shall be a resignation of employment contemplated by any employment agreement to which a Resigning D&O is a party or otherwise have any effect on any such employment agreement; A-19

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

(iv) the register of shareholders of Holdings reflecting the transfer of the
Transferred Shares to Saturn; and

(v) a certified copy of the Unanimous Written Consent.

(b) At the Closing, Saturn shall deliver to Indiana the following:

(i) the Transfer Form, duly executed by Saturn;

(ii) the Bill of Sale, duly executed by Saturn; and

(iii) the New CVR Agreement, duly executed by Saturn and the Rights Agent.

Section 2.4 .

(a) . At least four Business Days prior to the Closing, Indiana shall deliver to
Saturn a written statement (the “”) setting forth, with reasonable supporting information, (i) Indiana’s good faith calculation of (1) the Aggregate Shareholder Returns, (2) the
Transaction Expenses, (3) the Fully Diluted Share Number, and (4) the Net Cash (including the Cash Target), in each case, determined as of immediately prior to the Closing and, with respect to the Cash Target, Transaction Expenses and the
Fully Diluted Share Number, after giving effect to the consummation of the Transactions and (ii) wiring instructions for the payments contemplated by and, if applicable,
. Prior to the Closing on the Closing Date, Indiana shall deliver to Saturn a certificate (the “”) duly executed by the Chief Financial Officer of Indiana certifying, with
reasonable supporting information, the final amount of (1) the Aggregate Shareholder Returns, (2) the Transaction Expenses, (3) the Fully Diluted Share Number, and (4) the Net