Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 573

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 573
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, without the
need for any further action, (a) all right, title, and interest of Holdings or any of its Subsidiaries in and to all Protected Communications shall thereupon transfer to and be vested solely in Indiana, and (b) all Protected Communications
shall be deemed privileged and all expectations of client confidence and protections from disclosure, including attorney-client privileges and work product protections, associated with or arising from any Protected Communications that would have
been exercisable by Holdings or any of its Subsidiaries or otherwise shall thereupon be vested exclusively in Indiana and shall be exercised or waived solely as directed by Indiana. From and after the Closing, neither Saturn nor Holdings or any of
its Subsidiaries shall, or shall have any right to, use or access the Protected Communications. Notwithstanding the foregoing, if a dispute arises between Holdings or any of its Subsidiaries, on the one hand, and any other Person (other than Indiana
or any of its Representatives), on the other hand, Holdings or its applicable Subsidiary may exercise all protections from disclosure, including attorney-client privileges and work product protections, associated with or arising from any

A-82

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

Protected Communications; that none of Saturn, Holdings nor any of their respective Subsidiaries or any Person acting on any of their behalf, shall, without the prior written
consent of Indiana, waive or attempt to waive, or take any action that could result in a waiver of, any such protection against disclosure, including the attorney-client privileges or work product protection of, or provide to such Person or its
Representatives, any Protected Communication. If Saturn, Holdings or any of their respective Subsidiaries are requested or required to disclose any Protected Communications by any Person, Saturn shall, to the extent permitted by applicable Law,
provide Indiana with written notice (email being sufficient) as promptly as practicable of any such request or requirement so that Indiana may seek (at its sole cost and expense) an appropriate protective order or other appropriate remedy.

Section 9.15 . In any dispute, proceeding or Action arising under or in
connection with this Agreement or any Ancillary Agreement after the Closing, (a) each of Indiana, the Liquidator, the Indiana Shareholders or any Holder (as defined in the New CVR Agreement) shall have the right, at their election, to retain
any of Skadden,