Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 486

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 486
---
2.4 .

(a) . At least four Business Days prior to the Closing, Indiana shall deliver to
Saturn a written statement (the “”) setting forth, with reasonable supporting information, (i) Indiana’s good faith calculation of (1) the Aggregate Shareholder Returns, (2) the
Transaction Expenses, (3) the Fully Diluted Share Number, and (4) the Net Cash (including the Cash Target), in each case, determined as of immediately prior to the Closing and, with respect to the Cash Target, Transaction Expenses and the
Fully Diluted Share Number, after giving effect to the consummation of the Transactions and (ii) wiring instructions for the payments contemplated by and, if applicable,
. Prior to the Closing on the Closing Date, Indiana shall deliver to Saturn a certificate (the “”) duly executed by the Chief Financial Officer of Indiana certifying, with
reasonable supporting information, the final amount of (1) the Aggregate Shareholder Returns, (2) the Transaction Expenses, (3) the Fully Diluted Share Number, and (4) the Net Cash (including the Cash Target), in each case,
determined as of immediately prior to the Closing and, with respect to the Cash Target, Transaction Expenses and the Fully Diluted Share Number, after giving effect to the consummation of the Transactions. The Estimated Payment Statement and the
Payment Statement shall also include the amount and type of Transaction Consideration payable by Indiana to holders of Indiana RSUs and Indiana PSUs assuming the Liquidation occurred at Closing. The amount of the Aggregate Shareholder Returns,
Transaction Expenses and Net Cash set forth in the Payment Statement delivered by Indiana pursuant to this (and taking into account any updates made prior to Closing) shall be deemed the “”, “” and “”, respectively. Prior to the delivery of the Estimated Payment Statement, Indiana shall use its reasonable efforts to
seek final invoices in respect of all unpaid Transaction Expenses (other than Employee Transaction Payments). Following the delivery of the Estimated Payment Statement, Indiana shall (x) reasonably cooperate with Saturn in connection with
Saturn’s review of the Estimated Payment Statement and the Payment Statement, including responding promptly to any reasonable request for supporting information, (y) consider and discuss in good faith any disagreements raised by Saturn
with respect to the Estimated Payment Statement and the Payment Statement and (z) update such certificate to reflect any necessary changes arising from such review and discussion ( that any failure to accept any such comments to
the Estimated Payment Statement or the Payment Statement shall not