Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 646

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 646
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 durable power of attorney and shall survive the bankruptcy, death, or incapacity of such Shareholder.

| 3 | Bracketed language is only included in the PIMCO Funds Support Agreement. |

C-4

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 ARTICLE III OTHER COVENANTS Section 3.1 No Solicitation. During the Term, each Shareholder shall not, and shall cause its Controlled Affiliates and its and their respective Representatives (in their capacity acting on behalf of such Shareholder or Controlled Affiliate) not to, directly or indirectly, (a) solicit, initiate, knowingly encourage or facilitate, or accept any proposal or offer that constitutes, or would reasonably be expected to lead to, an Acquisition Proposal or (b) participate in any third-party discussions, conversations, negotiations or other communications regarding, or furnish to any other Person any non-publicinformation with respect to any proposal that constitutes, or would reasonably be expected to lead to, an Acquisition Proposal; providedthat, for the avoidance of doubt, the foregoing shall not restrict a Shareholder from providing information pursuant to ordinary course reporting or information requests to its current and potential investors and financing sources, in each case, that are subject to customary confidentiality obligations with respect to such information. Each Shareholder shall, and shall cause its Controlled Affiliates and its and their respective Representatives (in their capacity acting on behalf of such Shareholder or Controlled Affiliate) to, immediately cease and cause to be terminated all existing discussions, conversations, negotiations and other communications with any third parties conducted heretofore with respect to any of the foregoing. Notwithstanding the foregoing, such Shareholder or its Representative may, solely in response to an inquiry or proposal that did not result from a material breach of this Section 3.1, inform a Person that has made or, to the knowledge of the Shareholder or Representative (as applicable), is considering making an Acquisition Proposal, of the restrictions of this Section 3.1and of this Agreement. For clarity, if such Shareholder is a financial investor (including any pooled investment vehicle), private equity investor or other passive investor, the term “ Representative” (i) shall include any general partner or investment manager, adviser or sub-adviserof such Shareholder, but (ii) shall exclude (x) any limited partner, non-managinginvestor or non-managingfinancing source to such Shareholder and (y) any employees or other Representatives who are not acting at the