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    LIGHT   NL0011821392

SIGNIFY N.V.

(LIGHT)
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Signify's Annual General Meeting of Shareholders approves all proposals, May 18, 2021, 16:00 CET

05/18/2021 | 10:08am EDT

Press Release

May 18, 2021

Signify's Annual General Meeting of Shareholders approves all proposals

Eindhoven, the Netherlands - Signify(Euronext: LIGHT), the world leader in lighting, today announced that the Annual General Meeting of Shareholders (AGM) adopted all proposals, including the dividend proposals and re-appointment to the Supervisory Board.

Shareholders approved the extraordinary cash dividend of EUR 1.35 per ordinary share as well as the regular cash dividend of EUR 1.40 per share.

In addition, shareholders approved the re-appointment of Gerard van de Aast as member of the Supervisory Board for a period of four years.

Signify's 2020 results are included in its 2020 Annual Reportthat was published on February 23, 2021.

For more information about Signify's 2021 AGM, please click here.

--- END ---

For further information, please contact:

Signify Investor Relations

Thelke Gerdes

Tel: +31 6 1801 7131

E-mail: thelke.gerdes@signify.com

Signify Corporate Communications

Elco van Groningen

Tel: +31 6 1086 5519

E-mail: elco.van.groningen@signify.com

About Signify

Signify(Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philipsproducts, Interactconnected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2020 sales of EUR 6.5 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achievedcarbon neutrality in 2020, have beenin the Dow Jones Sustainability World Index since our IPO for four consecutive years and were named Industry Leaderin 2017, 2018and 2019. News from Signify is

located at the Newsroom, Twitter, LinkedInand Instagram. Information for investors can be found on the Investor Relationspage.

Disclaimer

Signify NV published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 14:07:09 UTC.


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Financials
Sales 2021 6 888 M 8 132 M 8 132 M
Net income 2021 382 M 450 M 450 M
Net Debt 2021 1 179 M 1 392 M 1 392 M
P/E ratio 2021 16,2x
Yield 2021 3,21%
Capitalization 5 761 M 6 804 M 6 802 M
EV / Sales 2021 1,01x
EV / Sales 2022 0,93x
Nbr of Employees 39 143
Free-Float 93,4%
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Number of Analysts 12
Last Close Price 46,15 €
Average target price 52,00 €
Spread / Average Target 12,7%
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Managers and Directors
╔ric Rondolat Chief Executive Officer
Javier van Engelen Chief Financial Officer
Arthur P. M. van der Poel Chairman-Supervisory Board
Tony Thomas Chief Digital & Information Officer
Rita S. Lane Member-Supervisory Board
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