Koninklijke Philips ADR

Amsterdam, the Netherlands – Marking its tenth anniversary, Philips Foundation today released its 2024 Annual Report, highlighting a year in which the Philips Foundation helped provide access to quality healthcare for 46.5 million people around the world – a significant increase from 28 million the year before. This progress was driven by 22 new initiatives and five new early-stage capital impact investments that expanded Philips Foundation's reach, channeling Philips' health technology expertise to help address the growing burden of non-communicable diseases and maternal health challenges, predominantly at the primary care level in underserved communities. “Today, half of the global population still does not have access to healthcare. Innovation and new digital technologies, combined with an ecosystem of partners, can improve health outcomes and make progress towards a future where quality healthcare is within reach for everyone,” said Marnix van Ginneken, Chair of the Board of the Philips Foundation. “The Foundation's tenth anniversary marks an important milestone, demonstrating our continued commitment to addressing the critical needs of the world's most vulnerable populations.” Since it was established in 2014, Philips Foundation has brought healthcare solutions to some of the most remote and underserved regions across the globe – from rural clinics in Africa to urban slums in Latin America. These efforts included groundbreaking work to combat neglected diseases such as rheumatic heart disease in collaboration with the World Heart Federation, and cross-continental ultrasound training programs with RAD-AID International, enabling frontline healthcare workers to detect and prevent life-threatening conditions for people living in low-resource settings. Philips Foundation continues to build scalable healthcare models by providing ventures early-stage capital through Philips Foundation Impact Investments, supporting locally driven innovation and accelerating access to healthcare in underserved settings. In 2024, Philips Foundation Impact Investments expanded its portfolio with new ventures from India and Latin America, reinforcing its commitment to financially viable, locally rooted healthcare innovation. “Combining the impact of long-term strategic collaborations and new, innovative partnerships and early-stage investments, the Foundation has helped to embed healthcare innovations in the communities where they're most needed, improving healthcare access,” Margot Cooijmans, Director of Philips Foundation and Philips Foundation Impact Investments, said. “We continue to increase the number of people that we reach with quality healthcare, bringing us closer to our ambition to reach 100 million people annually by 2030.” To read the full 2024 Annual Report, click here.» Mehr auf globenewswire.com

June 5, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that the exchange ratio for the dividend for the year 2024 is 1 new common share for every 23.6353 existing common shares. This ratio was based on the volume weighted average price on Euronext Amsterdam of May 30, June 2, and 3, 2025, of EUR 20.0600 and was calculated in a manner that the gross dividend in shares will be approximately equal to EUR 0.85.» Mehr auf globenewswire.com

June 4, 2025  Amsterdam, the Netherlands  –  Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 125 million.» Mehr auf globenewswire.com