Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 322

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 322
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2022: EUR 12 million). At the year-end the total full-time                                                                                      
 equivalent number of members of staff was 2,118 (2023: 2,294, 2022: 2,298).                                                                                                                                                                |

| 3 | Other operating expenses of EUR 236 million (2023: EUR 244 million, 2022: EUR 196 million) are, by their                                                                                                          
 nature, less variable with revenue and include office-related and technical facility costs, in-orbit insurance, marketing, general and administrative expenditure, consulting charges, travel-related expenditure 
 and movements in debtor provisions.                                                                                                                                                                               |

Other operating expenses also include an amount of EUR 9 million (2023: nil, 2022: nil) of restructuring charges in connection with the Group’s ongoing optimization program, EUR 4 million (2023: EUR 16 million, 2022: EUR 15 million) of C-bandrepurposing expenses (Note 36), EUR 55 million (2023: EUR 9 million, 2022: EUR 3 million) of costs associated with the development and / or implementation of merger and acquisition activities, and EUR 3 million for one-offinfrastructure costs (2023: EUR 9 million for specific business taxes of a non-recurringnature, 2022: EUR 5 million regulatory charges of arising outside ongoing operations). F-41

Consolidated financial statements as of and for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 Note 6—Audit and assurance services fees For 2024, 2023 and 2022 the Group recorded charges, billed and accrued, from its independent auditors, and affiliated companies thereof, as set out below:

| € million                           |     | 2024 |      |     | 2023 |     |     | 2022 |     |
| Audit services1                     |     |      | 11.3 |     |      | 2.4 |     |      | 2.3 |
| All other services                  |     |      |  0.3 |     |      | 0.1 |     |      | 0.1 |
| Total audit and other services fees |     |      | 11.6 |     |      | 2.5 |     |      | 2.4 |

Note 7—Finance income and costs

| €