Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 529

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 529
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, as a result of the execution hereof,
the Indiana Shareholder Approval or the Acquisition (whether alone or in connection with any other event(s)) could, (i) entitle any current or former employee, director, officer or independent contractor of Indiana or any of its Subsidiaries to
severance pay, unemployment compensation or any other payment or benefit, except as may be required by applicable Law, (ii) accelerate the time of payment or vesting, or increase the amount of compensation or benefit due to any current or
former employee, director, officer or independent contractor of Indiana or any of its Subsidiaries, or (iii) directly or indirectly require Indiana to transfer or set aside any assets to fund any benefits under any Indiana Plan.

(e) No Indiana Plan provides for or promises retiree medical, disability or life insurance benefits to any current or former employee, officer
or director of Indiana or any of its Subsidiaries other than as required under COBRA at the full cost of the plan participant.

(f) Except
as would not reasonably be expected to result in material Liability to Indiana and its Subsidiaries, (i) each Indiana Plan has been operated in all respects in accordance with its terms and the requirements of all applicable Laws, including
ERISA and the Code, and (ii) each of Indiana and its Subsidiaries has performed all obligations required to be performed by it and is not in any respect in default under or in violation under any Indiana Plan, nor does Indiana have any
knowledge of any such default or violation by any other party to any Indiana Plan.

(g) Each Indiana Plan that is intended to be qualified
under Section 401(a) of the Code has received or is the subject of a timely favorable determination or opinion letter from the IRS covering all of the provisions applicable to such Indiana Plan for which determination letters are currently
available that such Indiana Plan is so qualified. To the knowledge of Indiana, no fact or event has occurred that could adversely affect the qualified status of any such Indiana Plan or the exempt status of any such trust.

(h) There has not been any prohibited transaction, within the meaning of Section 406 of ERISA or Section 4975 of the Code, with
respect to any Indiana Plan. Neither Indiana nor any of its Subsidiaries has incurred any Liability under, arising out of or by operation of Title IV of ERISA, other than Liability for premiums to the Pension Benefit Guaranty Corporation
arising in the ordinary