Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 435

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 435
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investigation of the Transactions, and has concluded all action under the DPA or (c) CFIUS has sent a report to the President of the United States requesting the President’s decision, and the President of the United States has announced a
decision not to take any action to suspend or prohibit the Transactions.

“” means
those certain cases filed pursuant to Chapter 11 of Title 11 of the United States Code by Indiana and certain of its Affiliates, in the Bankruptcy Court, which cases were jointly administered as “In re Intelsat, S.A., et al., Case No.20-32299(KLP)”.

A-3

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

“” means (a) $3,100,000,000,
(b) the Closing Aggregate Shareholder Returns, (c) the Closing Transaction Expenses Overage, (d) the Closing Net Cash Underage.

“” means the amount, if any, by which the Cash Target exceeds Closing Net Cash. For avoidance of
doubt, if Closing Net Cash exceeds the Cash Target, the Closing Net Cash Underage shall be $0.

“” means the amount, if any, by which Closing Transaction Expenses (other than the Regulatory Litigation Expenses) exceed $82,000,000.

“” means the U.S. Internal Revenue Code of 1986.

“” means Saturn and its Subsidiaries (including Holdings and its Subsidiaries), taken as a whole, after
giving effect to the transactions contemplated hereby.

“” means the Commercial Agreement
Term Sheet between Saturn and Indiana, to be negotiated in good faith between Saturn and Indiana on the basis of the terms agreed in the document entitled “Commercial Collaboration Agreement Framework,” dated April 5, 2024, as may be
amended, modified, supplemented or restated from time to time by the mutual written agreement of the Parties.

“”
means any consent, approval, authorization, permission or waiver of, or registration, declaration, waiting period expiration or other exemption.

“” means a bond, debenture, note, mortgage, indenture, guarantee, license, lease, purchase or sale order or other
contract, commitment, agreement, instrument, obligation, arrangement, understanding, undertaking, permit, concession or franchise or other agreement that is legally binding, in each case together with all amendments thereto (whether written or
oral), including,