Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 112

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 112
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 of the Required Antitrust Approvals, the Required FDI Approvals, the submission of the 60-day ITAR Notice, the Required Telecommunications Approvals and the DCSA Approval). Subject to certain express obligations and limitations in the Share Purchase Agreement, the parties agreed that SES will direct
and control all aspects of the strategy and process relating to the efforts described in the Share Purchase Agreement, including any material communications or agreements (including timing agreements) with any governmental authority, any filing
investigation, legal proceeding or other injury relating to the Transactions, and all decisions with respect to any regulatory concessions to be made by either party (subject to the terms and conditions regarding any such regulatory concessions in
the Share Purchase Agreement). Intelsat agreed to not propose, negotiate, commit to or effect any remedial action, including any regulatory concession, or otherwise agree with

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any governmental authority with respect to the timing of the consummation of the Transactions without the prior written consent of SES. SES agreed to reasonably consult with Intelsat and in good
faith consider its views regarding the strategy and process relating to such efforts.

In furtherance and not in limitation of the efforts
obligations of the Parties under the Share Purchase Agreement, SES and its subsidiaries must, and Intelsat and its subsidiaries, at SES’s direction, must, (i) use their respective reasonable best efforts to (A) defend and contest all
actions, including any action brought by a private party before any governmental authority, challenging the Share Purchase Agreement or the consummation of the Transactions or raising any objection asserted or raised by any governmental authority
with respect thereto, or to prevent the entry of any order, writ, judgment, injunction, decree, ruling, stipulation, determination or award entered by or with any Governmental Authority (each, an “Order”), or seeking to have vacated,
lifted, reversed or overturned any Order or other action of any governmental authority, that would prevent, prohibit, restrict or otherwise delay the consummation of the Transactions or (B) initiate, commence and pursue any Action to eliminate
or resolve any objection asserted or raised by any governmental authority with respect to the Share Purchase Agreement or the consummation of the Transactions, or to prevent the entry of any Order, or to have vacated, lifted, reversed or overturned
any Order or other action of any governmental authority, that would prevent, prohibit, restrict or otherwise delay the consummation of the Transactions (any litigation contemplated by foregoing clauses (