Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 156

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 156
---
. Working in partnership with SES’s stakeholders, our ESG Strategy provides the opportunity to transform how we run our business and create long-term value for us and for the planet. Our ESG Strategy focuses on four key pillars on which we can make a real difference:

| • |     | Sustainable Space – aimed at advocating best practice approaches to ensuring industry-wide responsible use                                                
 of space. SES aims to complete life cycle assessments on all SES products by 2030 and obtain a Space Sustainability Rating from the World Economic Forum; |

| • |     | Climate Action – aimed at providing solutions to combat environmental challenges through satellite                                                                                                                                                  
 connectivity and reducing greenhouse gas emissions across SES’s operations and supply chain to net zero by 2050. SES aims to reach net zero emissions by not later than 2050 and develop targets aligned with the Science Based Targets Initiative; |

| • |     | Diversity & Inclusion – aimed at building a more diverse and inclusive workforce across all levels                                                                                                                  
 of our business through targeted actions and investments. SES aims to have women make up 24% of managerial positions by 2026, and have a supplier/customer sustainability rating and diversity program by 2025; and |

| • |     | Critical Human Needs – aimed at developing partnerships with stakeholders to increase access to education,                                                                                          
 health and information services to build sustainable communities. SES aims to drive SES’s connectivity in developing nations and support communities in crisis with disaster response capabilities. |

Although SES does not manufacture or launch spacecrafts but contracts with third party providers for these services it, however, applies a responsible fleet management approach together with its satellite manufacturer to mitigate the environmental impact and to minimize space debris resulting from its operations. SES has started to undergo Lifecycle Assessments of its satellites with the first one completing in 2023. SES has worked on expanding its understanding of its greenhouse gas footprint and has expanded the categories it reports on in Scope 3 emissions (i.e., emissions that are not produced by SES, but by those it is indirectly responsible for), while validating the data reported on in Scope 1 (i.e., emissions from sources that SES owns or controls directly) and Scope 2 emissions (i.e. emissions that SES causes indirectly). SES is seeing an overall downward trend in its Scope 1 and 2 emissions due to energy efficiency investments and the purchase of green energy in its major teleports. SES is continuing to expand its green energy investments with solar installations being included in 3 of its sites in 2024. Competition SES operates in a highly