Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 523

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 523
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 such opinion, and based upon and subject to, among other things, the various assumptions made, procedures
followed, matters considered, and conditions, qualifications and limitations on the review undertaken by the Indiana Financial Advisor in connection with the opinion, the Closing Cash Consideration to be received pursuant to, and in accordance with,
the terms of this Agreement by Indiana is fair, from a financial point of view, to Indiana.

Section 3.31
. Each of the Legacy CVR Agreements has been terminated in accordance with its terms and all obligations thereunder have been satisfied in accordance with the terms thereof.

Section 3.32 . Other than the Transferred Shares, the Transferred Assets and the Excluded
Assets, Indiana does not own or lease any assets, properties, rights or interests related to Indiana’s and its Subsidiaries’ respective businesses.

A-40

ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF SATURN

Except as set forth in the corresponding sections or subsections of the disclosure schedules delivered by Saturn to Indiana immediately prior
to the execution hereof (collectively, the “” and, together with the Indiana Disclosure Schedules, the “”) and subject to ,
Saturn hereby represents and warrants to Indiana as follows:

Section 4.1 . Saturn (i) is duly organized and validly existing under the Laws of the Grand Duchy of Luxembourg, (ii) has all necessary corporate power and authority to own, lease and operate its properties and to carry on its
respective businesses as such is now being conducted and (iii) is duly qualified or licensed as a foreign corporation or other legal Entity (as the case may be) to do business, and is in good standing (or its equivalent), in each jurisdiction
where the character of the properties and assets occupied, owned, leased or operated by it or the nature of its business makes such qualification or licensing necessary, except, in the case of clause (iii), for any such failure to be so
qualified or licensed that would not, individually or in the aggregate, reasonably be expected to prevent or materially impede, interfere with or delay the consummation of the Transactions to which it is a party.

Section 4.2 . Saturn has all necessary corporate power and authority to execute and deliver
this Agreement and each of the Ancillary Agreements to which it will be a party and to perform its respective obligations hereunder and thereunder and to consummate the Transactions to which it is a party. The execution, delivery and performance