Planet Labs PBC
Scott Reese Elected to Planet Labs PBC Board of Directors
Summary
On September 5, 2025, Planet Labs PBC stockholders elected Scott Reese to the company's board of directors by written consent. Reese, the current CEO of GE Vernova's Electrification Software business, brings extensive experience in software and product development. His election is effective 40 days after the Notice of Internet Availability of Information Statement is sent to stockholders, expected in early November 2025. Following the effective date, Reese will serve on the audit committee of the board. On September 10, 2025, the company issued a press release announcing Reese's election, which is furnished as Exhibit 99.1.
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About Planet Labs PBC
Planet Labs PBC is a leading Earth imaging and data analytics company specializing in capturing and providing frequent, high-resolution satellite imagery of the Earth. Its primary function is to operate fleets of small, specialized satellites—often called "Doves"—that capture detailed images of Earth's surface daily. This vast constellation of satellites enables Planet Labs to provide valuable insights and data across various sectors, including agriculture, forestry, urban planning, and environmental monitoring. Through its continuous data acquisition capabilities, Planet Labs empowers businesses, governments, and researchers with critical information needed for timely decision-making and strategic planning. The company plays a significant role in enhancing the understanding of global environmental changes, supporting disaster response efforts, and optimizing land use planning. Established in 2010 and headquartered in San Francisco, Planet Labs is at the forefront of revolutionizing how data from space is used to inform decisions on Earth, establishing a new paradigm in satellite data accessibility and utilization. Its contributions span across numerous industries, making it a pivotal player in the space and geospatial information markets.
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