Core Points - The Board of Directors of Societe Generale has proposed renewals and appointments of board members ahead of the Shareholders' General Meeting scheduled for 20 May 2025 [1] - The proposal includes the replacement of two female directors and the renewal of three male directors [1] - The board composition will reflect 42% women, 92% independent directors, and 40% foreign nationals if the proposals are approved [8] Board Member Changes - Mrs. Ingrid-Helen Arnold, aged 56, will be proposed for her first term as an independent Director, bringing expertise in information systems and digital transformations [2] - Mr. Olivier Klein, aged 67, will also be proposed for his first term as an independent Director, with a strong background in retail banking and macroeconomic issues [3] - Mr. William Connelly, aged 67, will be proposed for a third term as a Director, recognized for his financial experience in investment banking and asset management [4] - Mr. Henri Poupart-Lafarge, aged 55, will be proposed for a second term as a Director, with extensive experience in managing large international groups [5] - Mr. Sébastien Wetter, representing employee shareholders, is proposed for renewal alongside Mrs. Emmanuelle Pételle as a replacement [6][7] Board Composition and Skills - The proposed board will consist of 12 members, ensuring a diverse skill set necessary for defining and monitoring the strategy of Societe Generale [9] - The board's composition aims to enhance its ability to function effectively and meet its strategic objectives [9]
Societe Generale: Renewals and appointments of board members proposed to the General Meeting to be held on 20 May 2025