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Karim Michel Sabbagh to Succeed Romain Bausch as President and CEO of SES



  Karim Michel Sabbagh to Succeed Romain Bausch as President and CEO of SES

Business Wire

LUXEMBOURG -- June 17, 2013

SES (NYSE Paris:SESG) (LuxX:SESG) announced today that the company’s President
and CEO Romain Bausch informed the Board of Directors that he plans to step
down from his position at the next annual general meeting of shareholders in
April 2014. In its meeting last week, the Board has appointed Karim Michel
Sabbagh as the successor to Romain Bausch. Mr Sabbagh will join the company on
September 1^st as CEO Designate and, following a transition period, will
officially take up the position of President and CEO on April 3, 2014.

Karim Michel Sabbagh Credit: SES

Karim Michel Sabbagh Credit: SES

Karim Michel Sabbagh, aged 49, has been a member of the Board of Directors of
SES as well as of its Audit and Risk Committee since April 2011. Until
recently he was a Senior Partner and served as global and regional practice
leader for Communications, Media and Technology along with other leadership
forums at Booz & Company which he joined in 1998. Mr Sabbagh was based in
Dubai over the past 15 years. He is widely recognised for his vast expertise
in the industry and for his focus on the emerging markets.

At Board and Chief Executive levels, Mr. Sabbagh has shaped and served the
strategic agenda of global players in the communications, media and satellite
sectors. He has led multinational teams in long-term, large-scale
privatisations, international expansion, mergers and acquisitions, growth
acceleration and strategy-based transformation programmes. He was also
directly responsible for the structuring of global companies and played an
essential role in building their capabilities over multi-year programmes.

Romain Bausch, who will turn 60 in July 2013, has been President and CEO of
SES since 1995. Before joining the company, Mr Bausch had a distinguished
career in the Luxembourg Ministry of Finance and occupied key positions in the
banking, media and communications sectors. He was appointed in April this year
to the Board of Directors of SES, where he will continue to serve as a
non-executive Director.

René Steichen, Chairman of the Board of SES, stated: “Romain’s decision to
retire as President and CEO will bring an end to an almost 20-year tenure
during which the company grew from a European Direct-To-Home Satellite System
with 4 satellites into a leading satellite industry player operating a global
fleet of more than 50 satellites. Romain’s vision, leadership, exceptional
institutional relationship-building and commitment to the company have enabled
this outstanding achievement.”

“By appointing Karim Michel Sabbagh, the Board has ensured a strong succession
and a flawless transition. Karim’s vast knowledge of our industry, his
experience in the emerging markets as well as his management skills will
further enable the company’s growth potential. We are confident that, under
Karim’s leadership, SES’ management and employees will continue to drive
innovation and quality of service to support our customers and business
partners and create shareholder value.”

About Karim Michel Sabbagh

Born September 26, 1963, Mr. Sabbagh was a Senior Partner with Booz & Company,
and served until recently as global and regional practice leader for
Communications, Media and Technology along with other leadership forums at the
firm which he joined in 1998. Mr Sabbagh was based in Dubai over the past 15
years. He is recognised for his vast expertise in the industry and for his
focus on the emerging markets.

Prior to joining Booz & Company, Mr. Sabbagh served as the Regional Director
of Operations & Strategy with Leo Burnett in the Middle East with direct
market responsibility covering North Africa, the Middle East and part of Asia.
He led the firms largest multi-national accounts cross-regionally, and was
directly responsible for the business and institutional building. Among other
things, he led the development of the firm’s media buying unit that was
directly responsible for the planning and buying of advertising across all
media channels, and which became an industry standard for all leading
advertisers.

He holds a BBA with Distinction from the American University of Beirut, an MBA
from the American University of Beirut, and a PhD with Honors in strategic
management from the American Century University in New Mexico. He is a
visiting professor in innovation and technology management and member of the
Academic Council for the School of International Management at Écoles des
Ponts ParisTech (Grandes Ecoles) in France.

Mr. Sabbagh became a non-executive director of the Board of SES and a member
of its Audit and Risk Committee on April 7, 2011. He is a Canadian and
Lebanese national who is married and has two sons.

About Romain Bausch

Born July 3, 1953, Mr Bausch has been 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 communications sectors and spent a
five-year term as a Director and Vice Chairman of SES. Mr Bausch is also
Chairman of the Board of SES ASTRA, Vice Chairman of the Board of Directors of
O3b Networks, and member of the Board of Solaris Mobile Ltd. 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 master’s 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 was appointed to the SES Board of Directors on April 4, 2013. He is
a Luxembourg national who is married and has two daughters.

About SES

SES is a world-leading satellite operator with a fleet of 53 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.

Follow us on:

Twitter: https://twitter.com/SES_Satellites

Facebook: https://www.facebook.com/SES.YourSatelliteCompany

YouTube: http://www.youtube.com/SESVideoChannel

Blog: http://en.ses.com/4243715/blog

Find pictures and videos under: http://www.ses.com/4245221/library

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130617005550/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50653623&lang=en

Contact:

SES
Yves Feltes
Media Relations
Tel. +352 710 725 311
Yves.Feltes@ses.com
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