Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 451

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 451
---
 of the IRC for our employees in the United States. We recognized compensation expense for this plan of $2.3 million, $12.1 million, $15.5 million, and $16.1 million for the two months ended February 28, 2022, ten months ended December 31, 2022, year ended December 31, 2023, and year ended December 31, 2024, respectively. We also maintain other defined contribution retirement plans in several non-U.S.jurisdictions, but such plans are not material to our financial position or results of operations. Note 12—Share-Based and Other Compensation Plans As a part of our reorganization proceedings, all of our share-based compensation awards outstanding as of December 31, 2021 were canceled, which resulted in the recognition of any previously unamortized expense related to the canceled awards on the date of cancellation. Share-based compensation for the Predecessor and Successor Periods is not comparable. Predecessor Share-Based Compensation In April 2013, our board of directors adopted the amended and restated Intelsat Global, Ltd. 2008 Share Incentive Plan (as amended, the “2008 Equity Plan”). Also in April 2013, our board of directors adopted the Intelsat S.A. 2013 Equity Incentive Plan (the “2013 Equity Plan”). No new awards may be granted under the 2008 Equity Plan. The 2013 Equity Plan provides for a variety of equity-based awards, including incentive stock options (within the meaning of Section 422 of the United States Internal Revenue Service Tax Code), restricted shares, restricted stock units, and other share-based awards and performance compensation awards. Effective June 16, 2016, we increased the aggregate number of common shares authorized for issuance under the 2013 Equity Plan to 20.0 million common shares. The Predecessor share-based awards that were outstanding and cancelled upon Emergence were as follows:

| • |     | Stock Options—Stock options generally expire 10 years from the date of grant. In some cases, options have 
 been granted which expire 15 years from the date of grant.                                                |

| • |     | RSUs—Time-based RSUs vest over periods from one to three years from the date of grant. |

F-156

| • |     | PSUs—Performance-based restricted stock units (“PSUs”) vest after three years from the date of                                                                                                                                                 
 grant upon