Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 495

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 495
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-Band Relocation Payment Clearinghouse in accordance with applicable agreements and regulations and, to Indiana’s knowledge, there exist no other material expenses not so submitted with respect to which it
would reasonably be expected that Indiana or any of its Subsidiaries could receive reimbursement from or through the C-Band Relocation Payment Clearinghouse under the applicable agreements and regulations. As
of the date hereof, there is not any pending objection to, reason for denial of or claim of failure to qualify for the receipt in the ordinary course of any Indiana C-Band Reimbursable Expenses from or through
the Indiana C-Band Relocation Payment Clearinghouse, other than any Indiana C-Band Reimbursable Expenses set forth in of the
Indiana Disclosure Schedules.

Section 3.29 . No broker, investment banker, financial
advisor or other Person, other than PJT Partners LP (the “Indiana Financial Advisor”), is entitled to any broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with the Transactions based
upon arrangements made by or on behalf of Indiana or any of its Subsidiaries.

Section 3.30 . The Indiana Board has received the opinion of the Indiana Financial Advisor to the effect that, as of the date of such opinion, and based upon and subject to, among other things, the various assumptions made, procedures
followed, matters considered, and conditions, qualifications and limitations on the review undertaken by the Indiana Financial Advisor in connection with the opinion, the Closing Cash Consideration to be received pursuant to, and in accordance with,
the terms of this Agreement by Indiana is fair, from a financial point of view, to Indiana.

Section 3.31
. Each of the Legacy CVR Agreements has been terminated in accordance with its terms and all obligations thereunder have been satisfied in accordance with the terms thereof.

Section 3.32 . Other than the Transferred Shares, the Transferred Assets and the Excluded
Assets, Indiana does not own or lease any assets, properties, rights or interests related to Indiana’s and its Subsidiaries’ respective businesses.

A-40

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF SATURN

Except as set forth in the corresponding sections or subsections of the disclosure schedules delivered by Saturn to Indiana immediately prior
to the execution hereof (collectively, the “” and