Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 579

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 579
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 Grand Duchy of Luxembourg.

“” means one or a series of related
transactions (including by way of merger, purchase, amalgamation, consolidation, scheme of arrangement or other business combination transaction) pursuant to which a Person or group of Persons (within the meaning of Section 13(d)(3) or
Section 14(d)(2) of the Exchange

B-2

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

Act or any successor provision) acquires, directly or indirectly: (a) more than fifty percent (50%) of the voting power of the CVR Issuer (or the surviving entity in such transaction if such
transaction is merger, consolidation or similar transaction and the CVR Issuer is a constituent party thereto); or (b) all or substantially all of the assets of the CVR Issuer and its Affiliates (taken as a whole and as measured by asset
valuations or other fair market value determinations); provided that the foregoing references to Person shall be deemed not to include Affiliates of the CVR Issuer.

“” has the meaning set forth in .

“” means, collectively, the rights of Holders to receive a contingent cash payment pursuant to the terms of this
Agreement.

“” has the meaning set forth in the Preamble.

“” has the meaning set forth in .

“” means any date a CVR Payment Amount is paid by the Rights Agent to the Holders pursuant to
.

“” has the meaning set forth in
.

“” means the Blanket Issuer Letter of Representations from
the CVR Issuer to DTC, as the same may be amended or supplemented from time to time.

“” means any holder of
CVRs who is registered on the CVR Register.

“” means the legend on the account of each Holder of CVRs
held in book-entry on the CVR Register in the form set forth on hereto.

“” means CVRs held in book-entry on the CVR Register.

“” has the meaning set forth in .

“” has the meaning set forth in .

“” has the meaning set forth in .

“” means The Depository Trust Company or any successor thereto.

“” means any Person that is reflected on the books and records of DTC as having a direct interest in the CVRs
held of record by DTC.

“” has the meaning set forth in the Preamble