Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 140

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 140
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 subsidiaries, (ii) any                                                                                                                                                 
 other proposal, action or transaction that is intended to, or could reasonably be expected to, impede, interfere with, delay, postpone, prevent, discourage or adversely affect the timely consummation of the Transactions, including against any 
 proposal, action or transaction that could reasonably be expected to                                                                                                                                                                               |

91

| result in any condition to the consummation of the Transactions set forth in the Share Purchase Agreement not being satisfied, or that would result in a breach in any material respect of any                                           
 representation, warranty, covenant or agreement of Intelsat pursuant to the Share Purchase Agreement or (iii) any change in the voting rights of any class of securities of Intelsat (including pursuant to any amendments to Intelsat’s 
 organizational documents) (each of bullet points (A) and (B), collectively, the “Supported Matters”).                                                                                                                                    |

From the period commencing on the date of each Support Agreement until the earlier of the termination date and April 30, 2026, each Supporting Shareholder irrevocably appointed SES as its proxy and attorney-in-factto represent the applicable Intelsat common shares and vote pursuant to the terms of the Support Agreements. No Solicitation Each Supporting Shareholder has agreed that it will not, directly or indirectly, subject to the limitations set forth in its respective Support Agreement:

| • |     | solicit, initiate, knowingly encourage or facilitate, or accept any proposal or offer that constitutes, or would 
 reasonably be expected to lead to, an Acquisition Proposal; or                                                   |

| • |     | participate in any third-party discussions, conversations, negotiations or other communications regarding, or                                                             
 furnish to any other person any non-public information with respect to any proposal that constitutes, or would reasonably be expected to lead to an Acquisition Proposal. |

Lock-Up Each Supporting Shareholder agreed that during the term of its applicable Support Agreement, such Supporting Shareholder will not transfer any applicable Intelsat common shares. Notwithstanding the foregoing, each Supporting Shareholder may transfer any or all of its applicable Intelsat common shares:

| • |     | to any affiliates of such Supporting Shareholder, including, any distribution or transfer to any investment fund,                                                                                                   
 account or other entity managed, advised or sub-advised by the same manager, advisor or sub-advisor of such Supporting Shareholder or any affiliate thereof or any                                                  
 distribution to partners (general or limited), members, managers, stockholders or other equity holders of any Supporting Share