Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 382

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 382
---
 % |     |           |       25,022 |     |  1 | % |     |   |       46,497 |     |  2 | % |
| Total                      |     | $           |    2,065,385 |     |    |   |     | $ |      345,668 |     |    |   |     | $         |    1,738,541 |     |    |   |     | $ |    2,104,467 |     |    |   |

Our largest customer for each period accounted for approximately 11%, 14%, 11%, and 7% of our revenue during the year ended December 31, 2021, two months ended February 28, 2022, ten months ended December 31, 2022 and year ended December 31, 2023, respectively. Our ten largest customers for each period accounted for approximately 41%, 42% , 40%, and 35% of our revenue during the year ended December 31, 2021, two months ended February 28, 2022, ten months ended December 31, 2022 and year ended December 31, 2023, respectively. Note 5—Retirement Plans and Other Retiree Benefits (a) Pension and Other Postretirement Benefits We maintain a noncontributory defined benefit retirement plan covering substantially all of our employees hired prior to July 19, 2001. The cost of providing benefits to eligible participants under the defined benefit retirement plan is calculated using the plan’s benefit formulas, which take into account the participants’ F-132

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 remuneration, dates of hire, years of eligible service and certain actuarial assumptions. In addition, as part of the overall medical plan, we provide postretirement medical benefits to certain current retirees who meet the criteria under the medical plan for postretirement benefit eligibility. In 2015, we amended the defined benefit retirement plan to end the accrual of additional benefits for the remaining active participants. The defined benefit retirement plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). We expect that our future contributions to the defined benefit retirement plan will be based on the minimum funding requirements of the Internal Revenue Code of 1986, as amended (the “IRC”), and on