Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 411

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 411
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 compromise                                           |     | $ | 5,708,937 |   |
| Payment of professional fees (success fees)                                                       |     |   |   (41,481 | ) |
| Elimination of prepaid director and officer insurance policies related to the Predecessor         |     |   |   (13,242 | ) |
| Loss on forgiveness of portion of related party receivables                                       |     |   |    (2,682 | ) |
| Recognition of net deferred tax expense related to the implementation of the Final Plan           |     |   |    (2,285 | ) |
| Incremental compensation expense for the acceleration of the vesting of Predecessor equity awards 
 upon the Effective Date                                                                           |     |   |      (615 | ) |
| Cancellation of amounts due from a third party                                                    |     |   |       (35 | ) |
| Net change in accumulated deficit                                                                 |     | $ | 5,648,597 |   |

(e) Fresh Start Adjustments In accordance with the application of Fresh Start Accounting, the following adjustments were made:

| (16) | Reflects the fair value adjustment due to the adoption of Fresh Start Accounting. The following table 
 summarizes the components of prepaid expenses (in thousands):                                         |

|                                                   |     | Predecessor Historical 
 Value                  |         |     | Successor Fair Value |         |
|:--------------------------------------------------|:----|:-----------------------|--------:|:----|:---------------------|--------:|
| Prepaid expenses and other current assets         |     | $                      |  69,601 |     | $                    |  67,589 |
| Deferred cost of sales excluding C-band - current 
 portion                                           |     |                        |  23,965 |     |                      |  23,808 |
| Deferred cost of sales C-band - current portion   |     |                        |  15,987 |     |                      |  15,987 |
| Total prepaid expenses and other current assets   |     | $                      | 109,553 |     | $                    | 107,384 |

F-129

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83

| (17) | Changes in satellites and other property and equipment reflect the fair value adjustment due to the adoption of                      
 Fresh Start Accounting. The following table summarizes the components of satellites and other property and equipment (in thousands): |

|                                                   |