Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 139

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 139
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cement to SES’s willingness to enter into the Share Purchase Agreement, the Supporting Shareholders entered into Support Agreements with SES and Intelsat in substantially the form attached hereto as Annex C, pursuant to which each Supporting Shareholder irrevocably and unconditionally agreed to affirmatively vote its Intelsat common shares in favor of the Intelsat Shareholder Approval Resolutions for the Intelsat Shareholder Approval. Based on information provided by the Supporting Shareholders to Intelsat as of the date of each applicable Support Agreement, such Supporting Shareholders beneficially own an aggregate of 49,839,902 Intelsat common shares that are subject to the terms of the Support Agreements and individually own such shares as follows: the PIMCO Funds beneficially own 22,389,110 shares in the aggregate, 22,316,943 of which are subject to the terms of the PIMCO Funds Support Agreement, the TCW Shareholders beneficially own 3,704,083 shares in the aggregate, the PGIM Shareholders beneficially own 3,786,782 shares in the aggregate, the CarVal Shareholders beneficially own 5,024,830 shares in the aggregate, the DKP Shareholders beneficially own 5,209,926 shares in the aggregate, the Glendon Shareholders beneficially own 4,820,314 shares in the aggregate, and the Appaloosa Shareholders beneficially own 4,977,024 shares in the aggregate. Intelsat has agreed that, as promptly as reasonably practicable after the effectiveness of the registration statement of which this prospectus forms a part, and in no event later than 35 days after such effectiveness, it will call a shareholder meeting to obtain the Intelsat Shareholder Approval. As described more fully below, the Supporting Shareholders have each agreed to approve the Acquisition at such meeting. Voting The Supporting Shareholders have agreed to appear at each Intelsat shareholders’ meeting or otherwise cause such Supporting Shareholder’s Intelsat common shares to be counted as present at such meeting for purposes of calculating a quorum at the applicable Intelsat shareholders’ meeting, including any reconvening, adjournment or postponement thereof, and vote or cause to be voted their Intelsat common shares as follows:

| (A) | in favor of the Intelsat Shareholders Approval Resolutions; and |

| (B) | against (i) any Acquisition Proposal with respect to Intelsat or any of its