Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 463

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 463
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idiaries’ respective businesses prior to the Closing, including the Liabilities of Indiana set forth on of the Indiana Disclosure
Schedules or (ii) the Transferred Assets, (b) the Transaction Expenses (excluding any Liquidation Expenses incurred from and after the Closing), (c) the Continuing Indiana Support Obligations, (d) the Retention Plan, (e) the
Assumed Severance Obligations and (f) Taxes imposed on Indiana for a taxable period (or portion thereof) ending on or before the Closing Date; that the Assumed Liabilities shall not include the Excluded Liabilities.

“” means the executed bridge facility agreement, dated as of the date hereof, from the Debt
Financing Sources party thereto, including all exhibits, schedules and annexes thereto as the same may be amended, supplemented or otherwise modified, waived or replaced from time to time, pursuant to which, and subject to the terms and conditions
of which, the Debt Financing Sources have committed, on a several but not joint basis, to provide the debt financing in the amounts set forth therein to Saturn for the purpose of funding the transactions contemplated by this Agreement (such debt
financing, the “”).

“” means any day that is not a Saturday, a Sunday or
other day on which banks are required by applicable Law to be closed in New York, New York or the Grand Duchy of Luxembourg.

“” means, with respect to any Person, at any specified time, the amount of cash and cash equivalents of such Person and
its Subsidiaries, taken as a whole, at such time calculated in accordance with the Applicable Accounting Principles.

“” means (a) $300,000,000, (b) the aggregate amount of Taxes required to be withheld pursuant to based on the FMV Statement in respect of the CVR Consideration payable to holders
of Indiana RSUs and Indiana PSUs, (c) the aggregate amount of the employer portion of any Taxes payable in respect of the Transaction Consideration payable to holders of Indiana RSUs and Indiana PSUs pursuant to
, assuming, in the case of , that all Transaction Consideration payable to holders of Indiana RSUs and Indiana PSUs is made at the Closing pursuant to .

“” means the FCC’s report and order entitled, Expanding Flexible Use in the 3.7-4.2GHz Band, Report and Order, at 35 FCC Rcd. 2343 (2020).

“” means the