Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 118

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 118
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 obtain FCC Consent to the Transactions. Each of the parties agreed to, as soon as reasonably practicable after the execution of the Share Purchase Agreement, file all applications and notifications in connection with
the Required Telecommunications Approvals. As of the date of this prospectus, certain Required Regulatory Approvals have been received, including the applicable approval by CFIUS, which was received on August 26, 2024.

Communications with Governmental Authorities

In connection with obtaining the Required Antitrust Approvals, Intelsat agreed not commit to or agree with any governmental authority to stay,
toll or extend any applicable waiting period under the HSR Act or any other applicable antitrust laws, or withdraw its filing under the HSR Act or any other applicable antitrust laws, or enter into any timing agreement, without the prior written
consent of SES. In the event either party receives a letter from any governmental authority stating that although the waiting period under the HSR Act or any other antitrust law applicable to the transactions will expire, such governmental authority
has not yet completed any purported investigation of the Acquisition or the Transactions (a “Pre-Consummation Warning Letter”), the parties agreed the receipt by either or both of them of a Pre-Consummation Warning Letter or other verbal or written communications from such governmental authority to the same effect will not be a basis for asserting that any condition to Closing under the Share Purchase
Agreement has not be satisfied. On May 24, 2024, both Intelsat and SES filed their respective HSR Filings. On June 24, 2024, Intelsat and SES each received a request for additional information, often referred to as a “second
request,” from the DOJ.

Each of the parties agreed to (i) consult and cooperate in good faith with each other in connection
with (A) the making of any filings or obtaining any consents contemplated by the Share Purchase Agreement and (B) any action relating to the Transactions, including any governmental inquiry, investigation or proceeding initiated by a
private party, (ii) promptly provide updates to the other party with respect to any meetings, discussions, appearances or other forms of contact with any governmental authority or the staff or regulators of any such governmental authority,
(iii) use reasonable best efforts to furnish to each other all information required for any applicable or other filing to be made, or any consents to be obtained, pursuant to any applicable Law in connection with the Transactions, including all
analyses, appearances,