Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 155

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 155
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 of the CVRs at the time of the Liquidation. The deductibility of capital losses is subject to limitations.

Non-LuxembourgHolders

A non-resident Holder, not having a fixed place of business, a permanent establishment or permanent
representative in Luxembourg to which the CVRs are attributable, is, in principle, not subject to Luxembourg income tax on cash payment accrued or received under the CVRs or on gain realized on the sale or disposal in any form whatsoever of the
CVRs.

Registration, Estate and Gift Taxes

No registration tax or stamp duty will be payable by a holder of CVRs in Luxembourg upon the disposal thereof. No estate or inheritance tax is
levied on the transfer of CVRs upon the death of a holder thereof in cases where the deceased was not a resident of Luxembourg for inheritance tax purposes.

THE FOREGOING SUMMARY ARE FOR GENERAL INFORMATION ONLY AND DOES NOT DISCUSS ALL ASPECTS OF LUXEMBOURG TAXATION THAT MAY BE RELEVANT TO PARTICULAR HOLDERS. HOLDERS ARE URGED TO CONSULT THEIR TAX ADVISORS AS TO THE PARTICULAR TAX CONSEQUENCES TO THEM OF THE RECEIPT OF CASH AND CVRs FOR THEIR INTELSAT COMMON SHARES PURSUANT TO THE TRANSACTIONS, AND PAYMENTS MADE WITH RESPECT TO THE CVRs, UNDER ANY LUXEMBOURG, FOREIGN OR OTHER TAX LAWS, OR UNDER ANY APPLICABLE INCOME TAX TREATY.

101

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 INFORMATION ABOUT SES Business Overview Founded in 1985, under the laws of the Grand Duchy of Luxembourg, SES is an industry-leader in space-based communications. For over 35 years, SES has been a trusted partner to world-leading telecommunications companies, mobile network operators, governments, institutions, internet service providers, cloud-based solutions businesses, broadcasters, video platform operators, and content owners. SES operates a multi-orbit satellite-based infrastructure across geostationary and medium earth orbits, that covers over 99% of the earth and delivers an attractive combination of high data rates, low latency, service reliability, and flexibility to meet our customers’ requirements worldwide. SES also provides access to LEO via its partnerships. Commitment to Environmental, Social & Governance (ESG) Matters In 2021, SES developed its ESG strategy, that aligns global challenges as outlined in the UN’s Sustainable Development Goals with SES’s capabilities and expertise