Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 440

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 440
---
-paymentor customer financial distress or bankruptcy, we may not be able to recover the full value of certain contracts or termination fees. Our remaining performance obligation includes 100% of the remaining performance obligation of our consolidated ownership interests, which is consistent with the accounting for our ownership interest in these entities. (b) Business and Geographic Information We provide satellite and other communications services to our customers around the world. Our revenues are disaggregated by billing region, service type and customer set. Revenue by region is based on the locations of customers to which services are billed. Our satellites are in geosynchronous orbit, and consequently are not attributable to any geographic location. Of our remaining assets, substantially all are located in the United States. Intelsat CA revenues are allocated to the geographic location where the airline customer is domiciled. The following table disaggregates revenue by billing region (in thousands, except percentages):

|                             |     | Predecessor |  Two Months Ended 
 February 28, 2022 |     |    |   |     | Successor |  Ten Months Ended 
 December 31, 2022 |     |    |   |     |   |        Year Ended 
 December 31, 2023 |     |    |   |     |   |        Year Ended 
 December 31, 2024 |     |    |   |
|:----------------------------|:----|:------------|------------------:|:----|---:|:--|:----|:----------|------------------:|:----|---:|:--|:----|:--|------------------:|:----|---:|:--|:----|:--|------------------:|:----|---:|:--|
| North America               |     | $           |           198,336 |     | 58 | % |     | $         |           979,675 |     | 56 | % |     | $ |         1,153,356 |     | 55 | % |     | $ |         1,082,408 |     | 55 | % |
| Europe                      |     |             |            34,086 |     | 10 | % |     |           |           177,740 |     | 10 | % |     |   |           238,197 |     | 11 | % |     |   |           220,219 |     | 11 | % |
| Latin America and Caribbean |