Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 182

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 182
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 a dedicated end-to-end connection from remote sites to our customers’ networks and/or cloud-based applications, while supporting rural inclusion projects.

Video

SES’s
Video business unit generates revenue from a combination of the following offerings—broadcast Neighborhoods (primarily direct-to-home), Direct-To-Consumer (through
our platform in Germany), and Sports & Events. Our Video business has a reach of 362 million TV homes, with a high presence in the European market where we deliver high-quality content.

57% of our Video revenue was generated from European markets such as Germany, the UK, France, and Spain, 21% was generated from our
international business operations in Latin America and Asia-Pacific, where we’ve established strong positions and relationships and have customers that include Canal+, DISH, Ethiosat, NewSpace India, and Oi, and 6% was generated from our North
American neighborhoods.

Under our Neighborhoods offering, our global satellite infrastructure is relied on by the world’s leading
broadcasters, platform operators, and content owners to deliver entertainment, news, and information to audiences in 362 million direct-to-home, direct-to-cable, and Internet Protocol TV households across the globe.

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SES operates HD+, a leading Direct-To-ConsumerTV platform in Germany which serves approximately two million paying subscribers with high-quality HD TV content at home and on the go and accounted for 13% of Video business unit revenue. Our HD+ services also enable viewers to access 26 private HD TV channels and three private UHD TV channels, as well as 50 free HD TV channels, via a paid subscription. Our Sports & Events business works with the world’s largest sports organizations and events companies to distribute premium live sports and events every single day. In tandem with our extensive reach, we enable our customers to connect with their audiences on all screens via cost-effective workflows that reduce complexity. While changing viewing patterns will continue to weigh on demand for satellite capacity, our customers continue to make long-term contractual commitments and rely on SES to distribute their most valuable content and deliver the highest quality viewing experiences. Our expanding Sports & Events sub-unitrepresents 4% of Video revenue. With growing coverage and a multitude of major global and regional sports and events, we support broadcasters such as the National Football League, English Premier League, All Elite Wrestling, and Agence France-Presse. The following table details SES’s revenue by country for the years ended December 31, 2024, 2023 and 2022.

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