Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 228

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 228
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 He also
serves on several boards. Mr. Torres holds a BS in Electrical Engineering and completed post-graduation studies in Telecommunications from Pontificia Universidade Católica do Rio de Janeiro. He also graduated from the Young Managers
Program of European Institute of Business Administration.

VeronikaIvanovic was appointed Chief People Officer in September
2024 where she is responsible for developing and executing the people strategy and talent development processes Mrs. Ivanovic brings over 25

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Confidential Treatment Requested by SES

Pursuant to 17 C.F.R. Section 200.83

years of leadership experience in HR, having worked with large-scale blue-chip companies. Most recently at Ericsson, Mrs. Ivanovic managed a comprehensive HR function across multiple
geographical regions where she developed and executed on strategic plans that supported the company’s business transformation and culture change. Before Ericsson, Mrs. Ivanovic spent over 15 years in the financial sector working for GE
Capital across various countries, and 6 years in the technology sector for global B2C and B2B companies like Vodafone. Mrs. Ivanovic holds an MSc in Accounting and Finance and an MSc in Strategic HR Management from Sheffield Hallam University.

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 strategic objectives. It also reviews and
advises on performance matters relating to long term incentive schemes and other major compensation and benefits programs. It