Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 136

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 136
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 the foregoing, SES will have no obligations pursuant to this sentence if the only direct owner is Cede & Co. at the Effective Date. The Rights Agent will
reflect such names and addresses on the CVR Register and confirm the write up of the CVR Register and list of initial direct owners to SES promptly following receipt of such names and addressed from SES.

Nonassignability

SES will not, and will
cause all of its applicable affiliates not to, assign the right to receive any consideration that would constitute Applicable Consideration to any person unless such person is an affiliate and such assignment is made in accordance with the
applicable provisions of the CVR Agreement.

Governing Law and Submission of Jurisdiction

All claims, disputes and causes of action that may be based on, arising out of or relating to the CVR Agreement or the negotiation, execution,
performance or subject matter of the CVR Agreement, will be governed by the internal laws of the State of Delaware, without regard to the laws of any other jurisdiction that might be applied because of the conflicts of laws principles of the State
of Delaware. With respect to any such claim, dispute or cause of action, each party to the CVR Agreement will consent and submit to the exclusive jurisdiction and venue of the Court of Chancery of the State of Delaware or, to the extent such court
does not have subject matter jurisdiction, the U.S. District Court for the District of Delaware or, to the extent such court does not have subject matter jurisdiction, the Superior Court of the State of Delaware.

89

Amendment of CVR Agreement without Consent of Holders Without the consent of any Holders or the Rights Agent, SES may enter into one or more amendments of the CVR Agreement, for any of the following purposes:

| • |     | to evidence the succession of another person to SES and the assumption by any such successor of the covenants of 
 SES in the CVR Agreement;                                                                                        |

| • |     | to cure any ambiguity, to correct or supplement any provision in the CVR Agreement that may be defective or                                                                                                                                            
 inconsistent with any other provision therein, or to make any other provisions with respect to matters or questions arising under the CVR Agreement; provided that, in each case, such provisions do not adversely affect the interests of any Holder; |

| • |     | to evidence the succession of another person as a successor Rights Agent and the assumption by any such successor 
 of the covenants and obligations of the Rights Agent in the CVR