Intelsat S.A. Shareholders Approve SES Transaction

June 5, 2025, Intelsat S.A. held a shareholder meeting during which 99.99% of shareholders voted in favor of approving the SES transaction. The shareholders also approved the commencement of the liquidation of Intelsat S.A. upon the closing of the transaction and the appointment of four members of the Board of Directors to serve as the liquidators:  Roy Chestnutt, David Mack, David Wajsgras and Jinhy Yoon. The liquidators will oversee the distribution of the proceeds from SES to shareholders and warrant holders. This shareholder approval was one of the conditions for closing the transaction, along with several required regulatory approvals.

Shareholder Approval PDF