Company: SGBAF
Filing Date: 2025-04-29
Form Type: F-4
Source: 0001193125-25-103898
Chunk: 268

Company: SES S.A.
Filing Date: 2025-04-29
Form: F-4
Chunk 268
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 Remuneration Committee, (iii) The Executive Committee, and
(iv) The Nomination Committee, that consist of five to six members, at least a third of whom are independent board members, in line with SES’s internal policy.

The Audit and Risk Committee assists the SES Board in carrying out its oversight responsibilities relating to monitoring SES’s corporate
policies, risk management, the effectiveness of its internal control, internal and external audit, and financial and regulatory reporting practices. It further assists with evaluating potential deals, including conducting financial due diligence,
risk assessment and financing options before submission to the SES Board. As part of its oversight function, it provides a link between the internal and external auditors and the SES Board, and it also reviews and monitors the independence of
SES’s external auditor. It also proposes the ESG Targets of the Company and monitors progress towards the accomplishment of these targets and compliance with SES’s reporting requirements.

The Remuneration Committee advises on remuneration policies that support and enhance SES’s strategic objectives. It also reviews and
advises on performance matters relating to long term incentive schemes and other major compensation and benefits programs. It assists the SES Board with determining the remuneration of members of SES’s Senior Leadership Team (“SLT”)
and acts as administrator of SES’s long term equity plans.

The Nomination Committee identifies and proposes suitable candidates for
appointment or reappointment as directors on SES Board. Proposals are based on submissions from shareholders for candidates at least equal to

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the number of posts to be filled for each class of shareholders. It also identifies and proposes suitable candidates for SLT membership, it assists with filling board vacancies and with
succession planning.

The Executive Committee assists with the daily management of SES as well as the representation of the Company in
connection with such daily management. It is also tasked with preparing and designing policies and strategies for the Company, including preparing and designing policies for matters that may exceed the framework of daily management. In addition, the
Executive Committee is authorized to approve certain matters set out in SES’s internal policy. SES’s Board, based on proposal by the Nomination Committee, nominates the CEO as a member of the Executive Committee. Other members of the
Executive Committee are nominated by SES Board, based on proposals by the Nomination Committee, after prior consultation with the CEO.

Board of Directors

Frank Esser has served as a director of SES since February 2020 and was elected Chairman of the Board for the first
time on April 2,