Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 163

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 163
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 multi-orbit satellite-based infrastructure – with 43 satellites in Geostationary Orbits (“GEO”) and 26 satellites in Medium Earth Orbits (“MEO”) – covering over 99% of the
earth and delivering a combination of high data rates, low latency, service reliability, and flexibility with the aim to meet its customers’ requirements worldwide.

SES’s business supports a range of applications, including the transmission of direct-to-home (“DTH”) television broadcasts, a high-value application with persistent characteristics. SES also provides connectivity and cloud services, including very small aperture terminal
networks (“VSAT”), broadband internet access and mobile backhaul, to enterprises, institutions and governments.

Recent Developments

On October 31, 2024, the European Commission awarded to the SpaceRISE consortium, a consortium that includes SES, a 12-year concession contract to develop, deploy and operate the EU’s secure connectivity satellite system: Infrastructure for Resilience, Interconnectivity and Security by Satellite (“IRIS²”).

IRIS² is expected to play a transformative role in reinforcing Europe’s resilience, digital sovereignty, and low-latency connectivity for all EU Member States and is intended to enhance Europe’s ability to respond to crises, protect essential infrastructure, and bridge the digital divide.

The concession contract will consist of a public-private partnership to acquire a system composed of over 290 satellites that will provide
governmental and commercial services. The contract is undergoing further negotiation and is expected to be signed by year end 2024.

About SES’s Business Units

SES does business in one operating segment, namely the provision of satellite-based data transmission
capacity, and ancillary services, to customers around the world.

The Senior Leadership Team, which is the chief operating decision-making
committee in SES’s corporate governance structure, reviews SES’s financial reporting and generates proposals for the allocation of SES’s resources which are submitted for validation to the SES Board. Additionally, SES provides revenue
information on a more disaggregated basis, namely split into its two business units – Networks and Video.

105

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

Networks

SES’s Networks business unit is focused on delivering secure, reliable, and high performing connectivity products and services to
customers across three sub-units—Government, Fixed Data, and Mobility.

SES’s Government
sub-unit delivers secure and reliable connectivity to support mission-critical requirements of government agencies and institutions in the most demanding locations worldwide.