SES Confirms Interim Dividend of EUR 0.25

Luxembourg, 27 September 2024 – The SES Board of Directors has approved the payment of an interim dividend of EUR 0.25 per A-share and EUR 0.1 per B-share. Shareholders will receive this dividend on 17 October 2024. This announcement aligns with SES’s commitment to shareholder returns articulated in February 2024.

The semi-annual dividend distribution aligns cash generation with cash returns to shareholders. Following the interim dividend, a final dividend of at least EUR 0.25 per A-share and EUR 0.1 per B-share is planned for April 2025, pending shareholder approval.

SES continues its extensive cash return programme, targeting EUR 450 million in 2024. Since 2021, SES has returned more than EUR 1 billion to shareholders, representing approximately 100% of Adjusted Free Cash Flow over the same period, while maintaining solid investment grade metrics and continuing investment in its network.