She served as an executive producer on the movie King Richard, which follows the life of her father Richard Williams.
She also shared some behind-the-scene glam preps that showed her getting her hair and makeup done.
Stylin': The mother of four-year-old daughter Alexis had her dyed blondish hair styled in a sleek bob cut with a part in the middle Serena also struck a number of poses in a series of photos she posted on her Instagram page.
Serena and her older sister Venus Williams are also serving as presenters during the ceremony.
Serena, 40, brought her A-game, in the fashion department, when she stepped on to the red carpet in a glamorous burgundy gown, alongside Alexis, 38.