SES (SGBAF) EGM approves share cancellation, capital reduction and governance updates

Rhea-AI Filing Summary

SES reported the results of its Extraordinary General Meeting of shareholders held in Betzdorf, Luxembourg. Shareholders followed the Board’s recommendations and approved all resolutions presented.

The meeting approved the cancellation of shares repurchased under the Company’s share buyback program launched on 2 November 2023 and amended on 2 May 2024, which reduces SES’s share capital. Shareholders also approved amendments to the articles of association, adding indemnification provisions for Board members and executives and updating rules for how shareholder meetings are conducted.

Insights

Corporate governance analyst

SES shareholders backed board-backed capital reduction and governance updates.

SES shareholders approved all resolutions at the Extraordinary General Meeting, including canceling shares previously repurchased under a share buyback program. This formally reduces the company’s share capital and aligns the balance sheet with the lower share count.

The meeting also adopted amendments to the articles of association, adding indemnification for Board members and executives and revising procedures for shareholder meetings. These steps standardize governance practices and clarify protections for leadership, but their ultimate impact will depend on how the updated provisions are applied over time.

Key Terms

Extraordinary General Meeting, share buyback program, articles of association, indemnification

4 terms

Extraordinary General Meeting financial

"SES (the “Company”) held an Extraordinary General Meeting (“EGM”) of Shareholders today in Betzdorf, Luxembourg."

share buyback program financial

"shareholders approved the cancellation of shares repurchased under the Company’s share buyback program of 2 November 2023, as amended on 2 May 2024"

A share buyback program is when a company uses its cash to repurchase its own outstanding shares from the market, reducing the number of shares available to investors. That matters because it can raise the value of remaining shares and signal management's confidence in the business—similar to a bakery buying back unsold loafs to make each remaining loaf represent a larger share of its oven’s output—though buybacks can also affect cash available for other uses.

articles of association financial

"Shareholders also approved amendments to the Company’s articles of association, including indemnification for Board members and executives"

A company's articles of association are its written rulebook that sets how the business is run, how decisions are made, and what rights owners and directors have—covering voting, meetings, appointment and removal of directors, share classes and dividend policies. For investors, these rules matter because they determine how easily control can change, what protections minority owners have, and how corporate actions (like issuing new shares or changing leadership) are approved, much like a home’s bylaws shaping what residents can and cannot do.

indemnification financial

"amendments to the Company’s articles of association, including indemnification for Board members and executives"

A contractual promise to cover losses, expenses, or legal claims that arise from specified events, such as breaches of representations or third‑party lawsuits. For investors, indemnification matters because it shifts potential financial risk and future cash outflows from one party to another, similar to a friend agreeing to pay your bill if you’re sued, and can affect deal value, expected returns, and contingent liabilities on the balance sheet.

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Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

Under the Securities Exchange Act of 1934

Date: June 18, 2026

Commission File Number: 333-286828

SES

(Translation of registrant’s name into English)

Château de Betzdorf

L-6815 Betzdorf

Grand Duchy of Luxembourg

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

Other Events

On April 2, 2026, SES issued a press release announcing the results of the Extraordinary General Meeting of SES’ shareholders held on June 17, 2026.

A copy of the press release is attached hereto as exhibit 99.1.

Exhibit Index

The following exhibit is furnished as part of this Form 6-K:

Exhibit		Description
99.1		Press Release, dated June 17, 2026

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				SES
				(Registrant)
Date: June 18, 2026				By:		/s/ Elisabeth Pataki
				Name:		Elisabeth Pataki
				Title:		Chief Financial Officer

Exhibit 99.1

  Press Release

SES Announces Results of the Extraordinary General

Meeting of Shareholders

Luxembourg, June 17, 2026 – SES (the “Company”) held an Extraordinary General Meeting (“EGM”) of Shareholders today in Betzdorf, Luxembourg.

Following the recommendations made by the Board of Directors of SES, the shareholders have voted in favor of all resolutions. In particular, shareholders approved the cancellation of shares repurchased under the Company’s share buyback program of 2 November 2023, as amended on 2 May 2024, resulting in a corresponding reduction of the Company’s share capital. Shareholders also approved amendments to the Company’s articles of association, including indemnification for Board members and executives, as well as updates relating to the conduct of shareholder meetings.

Detailed results on all matters voted on at the EGM will be available on the company’s webpage:

https://www.ses.com/company/investors/shareholder-information/general-meeting-shareholders

For further information please contact:

Christian Kern		Steven Lott
Investor Relations		Communications
Tel: +352 710 725 7787		Tel. +352 710 725 500
ir@ses.com		SES.Press@ses.com

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About SES

At SES, we believe that space has the power to make a difference. That’s why we design space solutions that help governments protect, businesses grow, and people stay connected—no matter where they are. With integrated multi-orbit satellites and our global terrestrial network, we deliver resilient, seamless connectivity and the highest quality video content to those shaping what’s next. Following our Intelsat acquisition, we now offer more than 100 years of combined global industry leadership—backed by a track record of bringing innovation “firsts” to market. As a trusted partner to customers and the global space ecosystem, SES is driving impact that goes far beyond coverage. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com

FAQ

What did SES (SGBAF) announce in its June 2026 Extraordinary General Meeting results?

SES announced that shareholders approved all resolutions at the June 17, 2026 Extraordinary General Meeting. This included canceling previously repurchased shares, reducing share capital, and amending the articles of association to update governance provisions and shareholder meeting procedures in line with Board recommendations.

How did the SES (SGBAF) Extraordinary General Meeting affect the company’s share capital?

Shareholders approved the cancellation of shares repurchased under SES’s share buyback program initiated in November 2023 and amended in May 2024. This cancellation results in a corresponding reduction of the company’s share capital, aligning the formal capital structure with the reduced number of outstanding shares.

What governance changes did SES (SGBAF) shareholders approve at the EGM?

SES shareholders approved amendments to the company’s articles of association. These changes introduce indemnification provisions for Board members and executives and update rules governing the conduct of shareholder meetings, aiming to modernize and clarify key governance and meeting procedures at the company.

Did SES (SGBAF) shareholders follow the Board’s recommendations at the EGM?

Yes. SES stated that shareholders voted in favor of all resolutions presented at the Extraordinary General Meeting, following recommendations made by the Board of Directors. This included support for share cancellation, capital reduction, and updates to the articles of association concerning indemnification and meeting conduct.

Where can investors find detailed voting results from the SES (SGBAF) Extraordinary General Meeting?

Detailed results on all resolutions voted at the SES Extraordinary General Meeting will be available on the company’s website. SES directs investors to its shareholder information section under general meetings at https://www.ses.com/company/investors/shareholder-information/general-meeting-shareholders.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 7.7 KB