Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 416

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 416
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 expected to be outstanding. Management uses the 
 simplified method for our estimation of the expected life as we do not have adequate historical data. |

Share-Based Compensation Amortization Expense We recognized the following compensation costs, net of actual forfeitures, related to share-based compensation for the periods presented:

|                                                                   |     | Predecessor |   Year Ended 
 December 31, 
         2021 |     |   |   Two Months 
        Ended 
 February 28, 
         2022 |     | Successor |   Ten Months 
        Ended 
 December 31, 
         2022 |     |   |   Year Ended 
 December 31, 
         2023 |
|:------------------------------------------------------------------|:----|:------------|-------------:|:----|:--|-------------:|:----|:----------|-------------:|:----|:--|-------------:|
| Direct costs of revenue (excluding depreciation and amortization) |     | $           |        1,056 |     | $ |          214 |     | $         |        5,197 |     | $ |        7,173 |
| Selling, general and administrative                               |     |             |        4,368 |     |   |        1,055 |     |           |       13,435 |     |   |       18,256 |
| Total share-based compensation                                    |     | $           |        5,424 |     | $ |        1,269 |     | $         |       18,632 |     | $ |       25,429 |

Note 13—Income Taxes The Company measures deferred tax assets and liabilities using enacted tax rates that will apply in the years in which the temporary differences are expected to be recovered or paid. In response to COVID-19,on March 18, 2020, the Families First Coronavirus Response Act (the “FFCR Act”) was enacted, and on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted. The FFCR Act and the CARES Act contain numerous income tax provisions, such as increasing the 30 percent adjusted taxable income threshold to 50 percent for taxable years beginning in 2019 and 2020 for purposes of determining allowable business interest expense deductions. The CARES Act repeals the 80 percent limitation for taxable years beginning before January 1, 2021 (enacted by