Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 502

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 502
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 any Governmental Authority with respect to any Indiana Plan since January 1, 2023.
Neither Indiana nor any of its Subsidiaries has any express or implied commitment (A) to create, incur Liability with respect to or cause to exist any other material employee benefit plan, program or arrangement, (B) to enter into any
material Contract to provide compensation or benefits to any individual or (C) to materially modify, change or terminate any Indiana Plan, other than with respect to a material modification, change or termination required by ERISA or the Code.

(c) None of the Indiana Plans referred to in is a defined benefit pension plan or multiemployer
plan within the meaning of Section 3(37) or 4001(a)(3) of ERISA (a “”) or a single employer pension plan within the meaning of Section 4001(a)(15) of ERISA for which Indiana or any of its Subsidiaries
could incur Liability under Section 4063 or 4064 of ERISA (a “”) or a plan defined in Section 413(c) of the Code.

A-28

(d) No Indiana Plan or other arrangement exists that, as a result of the execution hereof,
the Indiana Shareholder Approval or the Acquisition (whether alone or in connection with any other event(s)) could, (i) entitle any current or former employee, director, officer or independent contractor of Indiana or any of its Subsidiaries to
severance pay, unemployment compensation or any other payment or benefit, except as may be required by applicable Law, (ii) accelerate the time of payment or vesting, or increase the amount of compensation or benefit due to any current or
former employee, director, officer or independent contractor of Indiana or any of its Subsidiaries, or (iii) directly or indirectly require Indiana to transfer or set aside any assets to fund any benefits under any Indiana Plan.

(e) No Indiana Plan provides for or promises retiree medical, disability or life insurance benefits to any current or former employee, officer
or director of Indiana or any of its Subsidiaries other than as required under COBRA at the full cost of the plan participant.

(f) Except
as would not reasonably be expected to result in material Liability to Indiana and its Subsidiaries, (i) each Indiana Plan has been operated in all respects in accordance with its terms and the requirements of all applicable Laws, including
ERISA and the Code, and (ii)