Eutelsat Mergers and Acquisitions Presentation Deck slide image

Eutelsat Mergers and Acquisitions Presentation Deck

BALANCED SHAREHOLDING STRUCTURE AND GOVERNANCE Chairman ("Président") BOARD OF DIRECTORS¹,4 Dominique D'Hinnin Current Eutelsat Chairman 10 independent members² (incl. Chairman) Strategy Non-Executive Directors 1 Bpifrance representative 2 Bharti representatives (incl. Sunil Bharti Mittal) 1 HMG representative Nomination & Governance Board committees Compensation Co-chairman ("Vice-président") Sunil Bharti Mittal Current One Web Executive Chairman Executive Director Audit, Risk & Compliance Eva Berneke CEO of Eutelsat Corporate & Social Responsibility EUTELSAT PRO FORMA SHAREHOLDING³ bpifrance Eutelsat Free float 36% 10% FSP 4% 19% 6% 3% Other OneWeb shareholders bharti 11% 11% HM Government SoftBank Hanwha (1) Board of Directors to consist of 15 persons, including Chairman and Co-chairman: Two directors proposed by Bharti, including Sunil Bharti Mittal to be Co-chairman, One director proposed by Bpifrance, One director proposed by HMG, The current CEO of Eutelsat, One independent director proposed by SoftBank, One independent director proposed by Hanwha, Two independent directors proposed by OneWeb, One independent director proposed by FSP, Four independent directors proposed by the Eutelsat Board, three of them to be selected from among the existing Eutelsat directors, the current chairman of Eutelsat (independent) (2) Board of Directors to comprise 10 independent directors within the meaning of Afep-Medef Code (3) Before potential impact from scrip dividend to be distributed in November 2022. It is contemplated that, post-closing, a shareholder agreement between Eutelsat key shareholders and OneWeb key shareholders which does not qualify as a concerted action be in place. It would in substance provide for the right for each party to propose 1 director (if its shareholding is at least 7.5%) and 2 directors (if its shareholding is at least 15%), as well as a 6-month lock up period. (4) Other attendees: 1 censeur (Executive Secretary of Eutelsat IGO); CEO of One Web as permanent invitee; 2 employees' representatives. Women to represent 40% of Board Members as per French law, i.e. 6 members out of 15 1 29
View entire presentation