Audit Committee

The Audit Committee assists the Supervisory Board in fulfilling its oversight responsibilities for the integrity of Philips’ financial statements, the financial reporting process, the system of internal business controls and risk management, the internal and external audit process, the internal and external auditor’s qualifications, its independence and its performance as well as Philips’ process for monitoring compliance with laws and regulations and the General Business Principles.

 

Philips has appropriate procedures in place for the receipt, retention and treatment of complaints received by Philips regarding accounting, internal accounting controls or auditing matters and the confidential, anonymous submission by employees of Philips of concerns regarding questionable accounting or auditing matters.

 

The report of the Audit Committee is included in the Supervisory Board Report.

 

Members

 

J. Tai

Member of the Supervisory Board

 

N. Dhawan

Member of the Supervisory Board

 

O. Gadiesh
Member of the Supervisory Board

 

D. Pyott

Member of the Supervisory Board

 

Downloadable file