Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 541

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 541
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 in full force and effect and will continue to be in full force and effect on identical terms (except as amended, waived or modified in accordance with ) immediately following the Closing
Date, except as such enforceability (i) may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting or relating to creditors’ rights generally and (ii) is

A-35

Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

subject to laws governing specific performance, injunctive relief and other equitable remedies. Except as would not, individually or in the aggregate, reasonably be expected to have an Indiana
Material Adverse Effect ( that clause (iv) of the definition of “Indiana Material Adverse Effect” shall be disregarded for purposes of this ), none of Indiana or any of its
Subsidiaries or, to the knowledge of Indiana, any other party is in breach or violation of, or (with or without notice or lapse of time or both) default under, any Indiana Material Contract, nor has Indiana or any of its Subsidiaries received any
claim of any such breach, violation or default. Indiana has delivered or made available to Saturn true and complete copies of all Indiana Material Contracts, including any amendments thereto.

Section 3.20 . Each of the Indiana Insurance Policies are customary and adequate in all
material respects for companies of similar size in the industries and locations in which Indiana and its Subsidiaries operate. Except as would not, individually or in the aggregate, reasonably be expected to have an Indiana Material Adverse Effect,
(a) all Indiana Insurance Policies are in full force and effect, (b) all premiums due and payable thereunder have been paid, (c) no written notice of cancellation has been received by Indiana or any Subsidiary thereof with respect to
such policies (other than in connection with ordinary renewals) and (d) there is no existing event or circumstance which, with the giving of notice or lapse of time or both, would constitute a default, by any Person insured thereunder. There is
no material claim by Indiana or any of its Subsidiaries pending under any of the Indiana Insurance Policies as to which coverage has been denied or disputed by the underwriters of such policies.

Section 3.21 .

(a) Indiana and each of its Subsidiaries and, to the knowledge of Indiana, their respective officers, employees and any processors acting on