Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 164

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 164
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 region accounted for 20% of revenue. Our customers include major telecom companies and mobile network operator such as AT&T, Claro, Digicel, Orange, Verizon, and Reliance Jio;
value-added service providers such as Marlink, RigNet, and Speedcast; and cloud organizations like Microsoft. These customers benefit from our managed network services which deliver private connectivity from SES gateways, creating a dedicated end-to-end connection from remote sites to our customers’ networks and/or cloud-based applications, while supporting rural inclusion projects.

Video

SES’s Video business unit generates revenue from a combination of the following offerings—broadcast Neighborhoods (primarily
direct-to-home), Direct-To-Consumer (through our platform in Germany), and Sports & Events. Our Video business has a reach of 362 million TV homes, with a
high presence in the European market where we deliver high-quality content.

57% of our Video revenue was generated from European markets
such as Germany, the UK, France, and Spain, 21% was generated from our international business operations in Latin America and Asia-Pacific, where we’ve established strong positions and relationships and have customers that include Canal+, DISH,
Ethiosat, NewSpace India, and Oi, and 6% was generated from our North American neighborhoods.

Under our Neighborhoods offering, our
global satellite infrastructure is relied on by the world’s leading broadcasters, platform operators, and content owners to deliver entertainment, news, and information to audiences in 362 million direct-to-home, direct-to-cable, and
Internet Protocol TV households across the globe.

SES operates HD+, a leading Direct-To-Consumer TV platform in Germany which serves approximately two million paying subscribers with high-quality HD TV content at home and on the go and accounted for 13% of Video business unit revenue.
Our HD+ services also enable viewers to access 26 private HD TV channels and three private UHD TV channels, as well as 50 free HD TV channels, via a paid subscription.

Our Sports & Events business works with the world’s largest sports organizations and events companies to distribute premium live
sports and events every single day. In tandem with our extensive reach, we enable our customers to connect with their audiences on all screens via cost-effective workflows that reduce complexity.

107

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 While changing viewing patterns will continue to weigh on demand for satellite capacity, our customers continue to make long-term contractual commitments and rely on SES to