SES S.A. Fiduciary Depositary Receipt

SES S.A. Fiduciary Depositary Receipt represents ownership in SES S.A., a Luxembourg-based leading global space solutions company and communications satellite owner-operator specializing in video and data connectivity. It provides satellite-based data transmission capacity and ancillary services worldwide, serving broadcasters, content providers, internet service providers, mobile and fixed network operators, governments, and institutions. SES S.A. operates an extensive multi-orbit fleet of nearly 120 satellites, including GEO and MEO constellations, enhanced by its acquisition of Intelsat, which adds over 45 GEO satellites and terrestrial networks for unparalleled global coverage. Key divisions include video for television and radio signals to homes via providers like Comcast and Viacom; mobility for high-bandwidth internet to maritime and aviation users; government secure links; and fixed data connectivity to remote areas. With innovations like high-throughput satellites, adaptive resource controllers, and interoperable multi-orbit infrastructure, SES S.A. delivers resilient broadband solutions, cloud services, and immersive video to telcos, media, governments, sports organizations, and cruise lines, playing a pivotal role in bridging connectivity gaps in challenging environments. Headquartered in Betzdorf, Luxembourg, it employs around 2,134 people and operates primarily in the communication services sector.