Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 131

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 131
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 Beneficiaries

Except as expressly provided in the Share Purchase Agreement, nothing in the Share Purchase Agreement, express or implied, is intended to or
will confer upon any other person other than the parties and their respective successors and permitted assigns any legal or equitable right, benefit or remedy of any nature under or by reason of the Share Purchase Agreement.

Governing Law

Except for certain
provisions specifically governed by New York law, the Share Purchase Agreement and any claims, disputes or causes of action arising out of or relating to the Share Purchase Agreement, the negotiation, execution or performance of the Share Purchase
Agreement or the Transactions are governed by, and interpreted, construed and enforced in accordance with, the internal laws of the Grand Duchy of Luxembourg, without regard to the Laws of any other jurisdiction that might be applied because of the
conflicts of laws principles of the Grand Duchy of Luxembourg.

Jurisdiction

Except for certain provisions specifically subject to New York court resolutions, each of the parties irrevocably agreed that any disputes,
controversies or claims arising out of or in connection with the Share Purchase Agreement of any nature whatsoever, including any dispute arising out of or in connection with its creation, existence, validity, interpretation, termination or non-performance, which cannot be amicably resolved between the parties within 30 days after written notice thereof, will be submitted to final and binding arbitration under the Rules of the London Court of
International Arbitration then in effect by a panel of three arbitrators, applying the Laws of the Grand Duchy of Luxembourg subject to the terms and conditions of the Share Purchase Agreement.

Specific Performance

Each of Intelsat
and SES is entitled to specific performance of the terms in the Share Purchase Agreement, including an injunction or injunctions to prevent breaches or threatened breaches of the Share Purchase

83

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

Agreement and to enforce specifically the terms and provisions of the Share Purchase Agreement, including the right of a party to cause each other party to consummate the Transactions (as
applicable), without proof of actual harm (and each party waived any requirement for the securing or posting of any bond in connection with such remedy), this being in addition to any other remedy to which such party is entitled in equity or at law.
The parties further agreed not to assert that a remedy of specific enforcement is unenforceable, invalid, contrary to law or inequitable for any reason, and