Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 175

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 175
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, many of these innovations are delivering profitable growth and attractive return on investment prospects for our industry. At the same time, the sector is seeing consolidation among incumbent satellite operators where there is
a logic to increasing scale, unlocking operational efficiencies, optimizing capital expenditures, improving return on investment, and delivering better services for customers. Satellite operators are also seeking to get closer and more integral to
customers in their target market segments through vertical integration initiatives, such as our own acquisition of DRS Global Enterprise Solutions in 2022.

SES’s competitors include other satellite operators operating in various orbits, such as Starlink, Viasat-Inmarsat, Eutelsat OneWeb,
EchoStar and its subsidiary Hughes, and Telesat, as well as many national and regional operators. SES also faces vigorous competition from suppliers of terrestrial communications (fibre, copper lines or coaxial cables, 2G/3G/4G/5G or microwave).

Employees and Human Capital Resources

SES’s human capital resources objectives include identifying, recruiting, retaining, incentivizing and integrating its existing and new
employees, in addition to offering attractive & fair compensation and benefits to its employees. SES engages contractors and third-party service providers in connection with its business operation and certain of its employees are a party to
collective bargaining agreements.

As of December 31, 2024, SES employed more than 2,000 people worldwide, a majority of which are
based in Luxembourg and in the U.S. About 90 different nationalities are represented at SES. Per number of employees, U.S., Germany, Israel, France and Romania are the top five nationalities represented at SES.

Intellectual Property

SES has a
portfolio of international patents and internationally registered trademarks. SES protects its proprietary business information, products, services and branding in a variety of ways, including by relying on patent and trademark laws, trade
secrets laws, entry into agreements that include confidentiality, non-disclosure and data protection clauses and by complying with its internal intellectual property policies and procedures.

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Besides a trademark proceeding which is currently pending as settlement negotiations are
ongoing between SES and the claimant, SES is currently not involved in any material intellectual property legal proceedings or litigation.

Property, Plant and Equipment

SES
is headquartered in Betzdorf, Grand Duchy of Luxembourg and it is home to the company’s administrative headquarters and one of its prime satellite operation centers. The land that underlies SES’s Luxembourg operations is partially owned,
and partially leased on a long-term basis from