Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 623

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 623
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 solicitation. If a record date is fixed, those
Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to receive the CVR Payment Amount or take such action by consent, whether or not such Persons continue to be Holders after
such record date. No such consent shall be valid or effective if taken or made more than one hundred twenty (120) days after such record date. The CVR Issuer shall provide Holders at least ten (10) Business Days’ notice of any record
date set pursuant to this .

Section 2.7 .

(a) The CVR Issuer, the Rights Agent and their respective Affiliates are entitled to deduct and withhold, or cause to be deducted or withheld,
from any amount payable pursuant to this Agreement, such amounts as are required to be deducted and withheld with respect to such payment under any provision of U.S. or non-U.S. federal, national,
supranational, state, local, provincial or similar Tax Law, and shall take all actions that may be necessary to ensure that any amounts so deducted or withheld are timely remitted to the appropriate Governmental Entity as required by applicable Law.
To the extent that amounts are so deducted or withheld, such amounts shall be treated for all purposes of this Agreement as having been paid to the Holder in respect of which such deduction and withholding was made. The CVR Issuer, the Rights Agent
and their respective Affiliates shall (i) use commercially reasonable efforts to notify the relevant payee of any required withholding no later than five (5) Business Days in advance of the date of the relevant payment, and
(ii) reasonably cooperate with such payee and its Affiliates in obtaining any available exemption or reduction, of, or otherwise minimizing, such withholding. The Rights Agent shall be entitled to solicit any appropriate forms or information,
from Holders in order to determine the amount of such withholding, if any, and shall cooperate with the Holders to mitigate or eliminate any such withholding to the extent permitted by applicable law.

(b) Neither the CVR Issuer nor the Rights Agent shall be liable to any Person in respect of the CVR Payment Amount delivered to a public
official pursuant to any applicable abandoned property, escheat or similar Law. If, despite the CVR Issuer’s or the Rights Agent’s commercially reasonable efforts to deliver the CVR Payment Amount to the applicable Holder, such CVR Payment
Amount has not been paid prior to two