Company: SGBAF
Filing Date: 2025-04-01
Form Type: DRS/A
Source: 0000950123-25-003272
Chunk: 123

Company: SES S.A.
Filing Date: 2025-04-01
Form: DRS/A
Chunk 123
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 following conditions are satisfied (or waived by Intelsat in its sole discretion) at or prior to the Closing:

| • |     | each of the representations and warranties of SES set forth in the Share Purchase Agreement being true and                                                                                                                                               
 correct as of the date of the Share Purchase Agreement and as of the Closing Date as if made as of the Closing Date (or in the case that any such representations and warranties are made as of a specified date, as of such specified date), except for 
 inaccuracies of representations or warranties the circumstances giving rise to which would not, individually or in the aggregate, reasonably be expected to prevent or materially impede, interfere with or delay the consummation of the Transactions   
 (it being understood that, for purposes of determining the accuracy of such representations and warranties, all materiality, material adverse effect and similar qualifies set forth in such representations and warranties will be disregarded);        |

| • |     | SES having performed or complied with, in all material respects, all covenants and agreements required to be 
 performed or complied with by SES under the Share Purchase Agreement on or prior to the Closing;             |

| • |     | Intelsat having received a certificate signed by an authorized officer of SES stating that the conditions in the 
 preceding two bullet points have been satisfied; and                                                             |

| • |     | SES having delivered to Intelsat, an executed counterpart of each of the following agreements signed by SES or                                                                                                                   
 the Rights Agent, as applicable: the applicable transfer form (“Transfer Form”), the CVR Agreement, an applicable bill of sale (“Bill of Sale”) and all other agreements, documents, certificates and instruments required to be 
 delivered by the Share Purchase Agreement.                                                                                                                                                                                       |

SES is not obligated to consummate the Acquisition unless the following conditions are satisfied (or waived by SES in its sole discretion) at or prior to the Closing:

| • |     | (i) each of the representations and warranties of Intelsat, as applicable, relating to the beneficial ownership                                                                                                                                           
 of the Transferred Shares, release of encumbrances, the outstanding equity securities of Holdings, and the absence of certain changes or events being true and correct in all respects both as of the date of the Share Purchase Agreement and as of the  
 Closing Date as if made as of the Closing Date (or in the case that any such representation and warranties are made as of a specified date, as on such specified date); (ii) each of the other representations and warranties of Int