Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 612

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 612
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 be in substantially the form attached hereto as .

“” means any U.S. or non-U.S. federal, national, supranational,
state, provincial, local, or similar government, governmental, regulatory or administrative authority, branch, agency, committee, or commission or any court, tribunal, or arbitral or judicial body (including any grand jury).

“” means, with respect to any Qualified Monetization, any cash consideration, without duplication, that is
actually received by the CVR Issuer or any of its Affiliates solely to the extent such consideration directly results from the final clearance or Applicable Transfer of Applicable Spectrum pursuant to such Qualified Monetization.

“” has the meaning set forth in the Recitals. A Person shall cease to be a Holder hereunder at such time as it ceases
to hold, directly or indirectly, Beneficial Ownership of any CVRs.

“” has the meaning set forth in
.

“” has the meaning set forth in
.

“” has the meaning set forth in the Recitals.

“” means any statute, law, ordinance, regulation, rule, code, executive order, constitution, treaty, common law,
injunction, judgment, decree, Order or other requirement or rule of law of any Governmental Authority.

“” means, as of the time of determination, Holders of not less than a majority of the issued and Outstanding CVRs.

“” means, with respect to any Qualified Monetization, an amount equal to (a) Gross Proceeds with respect to
such Qualified Monetization, (b) the Applicable Expenses with respect to such Qualified Monetization.

“” has the meaning set forth in .

“” means a certificate signed by an authorized officer of the CVR Issuer, in his or her capacity as
such an officer, and delivered to the Rights Agent.

“” means any order, writ, judgment, injunction, decree, ruling,
stipulation, determination or award entered by or with any Governmental Authority.

“” means the date that is
seven and one-half (7.5) years after the date hereof; that, in the event (a) an Applicable Order has been issued prior to the Outside Date or (b) the CVR Issuer (or any of its
Affiliates) enters into a definitive agreement in respect of an Applicable Transfer prior to the Outside Date, but Gross Proceeds resulting from any event described in the foregoing clause (a)