Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 518

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 518
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 has been included in
(or includible in) any “affiliated group” within the meaning of Section 1504(a)(1) of the Code other than an affiliated group, the common parent of which was a Subsidiary of Indiana;

(xi) neither Indiana nor any of its Subsidiaries will be required to include any material item of income in, or exclude any
material item of deduction from, taxable income for any taxable period (or portion thereof) ending after the Closing Date as a result of any (A) change in or use of an improper method of accounting for a taxable period ending on or prior to the
Closing Date (whether pursuant to Section 481 of the Code, Section 263A of the Code, or otherwise), (B) “closing agreement” as described in Section 7121 of the Code (or any corresponding or similar provision of state,
local or non-U.S. Tax Law) executed on or prior to the Closing Date, (C) installment sale or open transaction disposition made on or prior to the Closing Date, (D) prepaid amount received on or prior
to the Closing Date, (E) deferred revenue accrued prior to the Closing Date or (F) deferred gains arising prior to the Closing Date; and

(xii) neither Indiana nor any of its Subsidiaries (A) is a party to or bound by any Tax sharing, Tax indemnity or Tax
allocation agreement or (B) has any Liability or potential Liability to another party under any such agreement, in each case other than pursuant to any such agreement or arrangement solely between or among any of Holdings and its Subsidiaries
or pursuant to commercial agreements entered into in the ordinary course of business the primary purpose of which is not related to Taxes.

(b) Indiana and each of its Subsidiaries has complied in all material respects with all statutory requirements, orders, provisions, directions
or conditions relating to VAT. Indiana and each of its Subsidiaries has kept and preserved complete, accurate and up-to-date records and information as may be required
or needed for all VAT purposes (if any).

(c) Neither Indiana nor Holdings (i) has ever made an election under Section 897(i) of
the Code to be treated as a domestic corporation for purposes of Section 897 of the Code and (ii) is treated as a U.S. corporation for U.S. federal income Tax purposes under Section 7874(b) of the Code.

(d) The U.S. federal income