Company: SGBAF
Filing Date: 2025-04-23
Form Type: DRS/A
Source: 0000950123-25-003652
Chunk: 282

Company: SES S.A.
Filing Date: 2025-04-23
Form: DRS/A
Chunk 282
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held diverse roles in Corporate Finance, Corporate Investment and Financial Advisory. Mr. Orton is an Irish national and holds an M.Sc. in Economics & Finance from University College Dublin, and a B.A. in Finance from Lindenwood
University, U.S.A. He also holds a Professional Diploma in Accounting from Dublin City University, and is a Chartered Accountant of the Institute of Ireland.

Nihar Shahwas appointed Chief Strategy Officer of SES in April 2024. Having joined SES in 2006, Mr. Shah has held various
progressive managements roles in Market Research & Analysis, and Strategic Market Development. In his most recent role as Vice President Strategy, Market Intelligence & Customer Experience, he was responsible for SES’s
strategic planning and market, competitive, and customer analysis. Mr. Shah was also part of the SES team that evaluated the company’s investment into O3b Networks, defining SES’s successful diversification strategy to global network
services. Prior to SES, he worked for several years in consulting for the commercial and government space sector, and has lived and worked in India, the U.S. and the Netherlands. Mr. Shah holds a B.A. in Economics, an M.A. in International
Space & Technology Policy from George Washington University, and an MBA from Georgetown. Mr. Shah is a U.S. citizen, and currently lives in Washington, D.C.

Board Governance Structure & Committees

SES currently has four committees—(i) The Audit and Risk Committee; (ii) The 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