Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 12

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 12
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 20-F with the SEC within 4 months after the end of each fiscal year. SES’s fiscal year begins on January 1 and ends on December 31. In addition, SES will be required to furnish reports on Form 6-K to the SEC regarding certain information required to be publicly disclosed by SES, including material information required to be filed with and made public by the Euronext Paris Stock Exchange and the Luxembourg
Stock Exchange (the exchanges on which SES’s fiduciary depositary receipts are currently listed), as well as information distributed or required to be distributed by SES to its shareholders.

SES will not be subject to certain provisions of the Exchange Act, including the proxy rules, which impose certain disclosure and procedural
requirements for proxy solicitations under Section 14 of the Exchange Act, and will not be required to comply with Regulation FD, which regulates the selective disclosure of material non-public
information.

Additionally, SES’s officers, directors and principal shareholders will be exempt from the reporting and
“short-swing” profit recovery provisions of Section 16 of the Exchange Act with respect to their purchases and sales of SES shares. If SES loses its status as a foreign private issuer, it will no longer be exempt from such rules and,
among other things, will be required to file periodic and current reports and proxy statements as if it were a company incorporated in one of the states in the United States.

Q: Is interest payable with respect to the CVRs?

A: No. Interest will not accrue on any distributions that may be required to be paid to a Holder.

6

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

Q: Is the CVR payment secured?

A: No. The obligation to make a CVR payment, if any becomes due, is an unsecured general obligation of SES.

Q: Can I sell the CVRs?

A: Yes. The CVRs are transferable (subject to the Securities Act and other applicable federal law or state securities or blue-sky laws). SES is not obligated to list the CVRs on any securities exchange. There is currently no public market for the CVRs. SES has no current plans to apply to list the CVRs on any stock exchange or on an over-the-counter market and is under no obligation to do so. If the CVRs begin trading in the
over-the-counter market or if SES determines, in its sole discretion, to list the CVRs on a securities exchange, there is no