Amsterdam, The Netherlands – Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced that today’s Annual General Meeting of Shareholders (AGM) has approved the reappointments, for another four year period, of Gottfried Dutiné, Rudy Provoost, Andrea Ragnetti and Steve Rusckowski as members of the Philips Board of Management, effective April 1, 2010.
The AGM also approved Philips’ proposal to maintain the 2009 annual dividend payment, to be paid in 2010, at EUR 0.70 per share, on par with the distribution level of the previous year. This year, the dividend will be paid in cash or shares, at the option of the shareholder. More information about the optional dividend can be found on Philips’ website. All other proposals made to shareholders at the AGM were also accepted.
For more information about Philips’ 2010 AGM, please visit this site. Additional information on the composition of the Board of Management and on Philips' 2009 results, which were first presented January 25, 2010, is included in Philips' 2009 Annual Report that was published on February 22, 2010. The 2009 Annual Report and Sustainability report is available to shareholders and other interested parties via this internet link: www.philips.com/annualreport2009.