Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 636

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 636
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 of the Applicable Consideration payable hereunder in respect of such event(s) has been deposited with the Rights Agent for further distribution to the Holders.

B-4

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

“” when used with respect to CVRs means, as of the date of
determination, all CVRs theretofore authenticated and delivered under this Agreement, except CVRs theretofore canceled by the Rights Agent in accordance with this Agreement or delivered to the Rights Agent for cancellation in accordance with this
Agreement; that, for the avoidance of doubt, any CVRs owned by the CVR Issuer or any Affiliate of the CVR Issuer (other than any CVRs abandoned and canceled pursuant to hereof) shall be treated
as Outstanding for all purposes under this Agreement, including the calculation and distribution of a CVR Payment Amount.

“” has the meaning set forth in .

“” means any individual or Entity.

“” has the meaning set forth in the Recitals.

“” means (a) the adoption, enactment or promulgation of any Law by any Governmental Authority
requiring the clearing of Applicable Spectrum (an “”) or (b) the consummation of an Applicable Transfer, in each case, whether occurring prior to or after the date hereof and that directly results in the receipt
by the CVR Issuer or any of its Affiliates on or after the date hereof and prior to the Outside Date of cash consideration for the final clearance or transfer of Applicable Spectrum (including with respect to governmental relocation payments or
private negotiations); , , that in no event shall (i) any (x) Regulatory Concession (as defined in the Purchase Agreement) or (y) a Change of Control of the CVR Issuer be deemed a Qualified Monetization or
(ii) the C-Band Order (as defined in the Purchase Agreement) constitute an Applicable Order.

“” has the meaning set forth in the Preamble or its successor or assigns.

“” means the United States Securities and Exchange Commission, or any other federal agency at the time administering the
Securities Act or the Exchange Act.

“” means the Securities Act of 1933, as amended.

“” means, with respect to any Person, any Entity (a) of which 50% or more of the outstanding share capital,
voting securities or other voting equity interests are owned