SES Shareholders Hold Annual General Meeting
Dividend of EUR 0.97 per share approved
Mrs. Tsega Gebreyes, Mr. Romain Bausch and Mr. Marc Colas elected new Members
of the Board of Directors
LUXEMBOURG -- April 4, 2013
At their Annual General Meeting (AGM) held in Betzdorf, Luxembourg today,
shareholders of SES S.A. (NYSE Paris:SESG) (LuxX:SESG) passed all resolutions
put to the meeting.
The AGM notably approved the company’s 2012 accounts and the proposed dividend
of EUR 0.97 per A-share, which will be paid to shareholders and holders of SES
FDRs on April 24^th, 2013.
Shareholders also elected Mrs. Tsega Gebreyes, Mr. Romain Bausch and Mr. Marc
Colas as new members of the Board in replacement of Mr. Gaston Reinesch, Mr.
Robert W. Ross and Mr. Terry Seddon, three long-standing Board members who did
not stand up for re-election.
Mrs. Tsega Gebreyes is the Founding Director of Satya Capital Limited. She
served as Chief Business Development and Strategy Officer of Celtel
International BV and Senior Advisor to Zain. She was also Founding Partner of
the New Africa Opportunity Fund, LLP (re-named Zeypher Opportunity Fund LLP)
and has worked with Mc Kinsey and Citicorp. Mrs Gebreyes is a director of
Hygeia Nigeria Limited and Satya Capital Limited. She has a double major in
Economics and International Studies from Rhodes College and holds an MBA from
Harvard Business School. Mrs Gebreyes is an Ethiopian national. She will be an
independent director at SES.
Mr. Romain Bausch is the President and Chief Executive Officer of SES since
1995, following a career in the Luxembourg civil service (Ministry of
Finance). Before joining SES as its chief executive, Mr Bausch occupied key
positions in the banking, media and telecommunications sectors and spent a
five-year term as a Director and Vice Chairman of SES. Mr Bausch also serves
as a Director of Fedil – Business Federation Luxembourg and is a member of the
Boards of Directors of Aperam, BIP Investment Partners and Compagnie
Financière La Luxembourgeoise. He graduated with a degree in economics
(specialisation in business administration) from the University of Nancy. He
holds an honorary doctorate from the Sacred Heart University in Luxembourg. Mr
Bausch is a Luxembourg national.
Mr. Marc Colas is the general secretary of the Council of Ministers of the
Luxembourg Government since 2004 and he is Administrateur Général in the Prime
Minister’s Office. Prior to that, he has held several positions in the
Luxembourg civil service (Ministry of Finance, Ministry for the Civil Service
and Administrative Reform, Interior Ministry and Prime Minister’s Office).
From 2001-2006, Mr Colas was a member of the Audit Committee of the European
Investment Bank. He is also a member of the Board of Oeuvre Nationale de
Secours Grand-Duchesse Charlotte. Mr Colas graduated with a degree in law from
the University of Strasbourg and holds a double Master of Business
Administration (Finance and Marketing) from the Richard T. Farmer School of
Business from the University of Oxford (Ohio). Mr. Colas is a Luxembourg
Following the shareholders’ meeting, the new Board of Directors elected Mr.
René Steichen as Chairman and Mr. François Tesch and Mr. Jean-Paul Zens as
Mr. René Steichen, Chairman of the Board of SES, stated: “We welcome Tsega
Gebreyes, Romain Bausch and Marc Colas to the Board of Directors of SES. Their
experience and business acumen will be valuable for the continued growth of
our business in the developed as well as in the emerging markets. At the same
time we thank our long-standing Board members Gaston Reinesch, Terry Seddon
and Bob Ross for their continuous support and their fundamental contribution
to the success of SES.”
A copy of the 2012 Annual Report of SES is available for download at:
SES is a world-leading satellite operator with a fleet of 52 geostationary
satellites. The company provides satellite communications services to
broadcasters, content and internet service providers, mobile and fixed network
operators and business and governmental organisations worldwide.
SES stands for long-lasting business relationships, high-quality service and
excellence in the broadcasting industry. The culturally diverse regional teams
of SES are located around the globe and work closely with customers to meet
their specific satellite bandwidth and service requirements.
SES (NYSE Paris:SESG) (LuxX:SESG) holds participations in Ciel in Canada and
QuetzSat in Mexico, as well as a strategic participation in satellite
infrastructure start-up O3b Networks. Further information under: www.ses.com
Tel. +352 710 725 490
Tel. +352 710 725 311
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