Philips Annual General Meeting of Shareholders approves appointment of Orit Gadiesh as new member of the Supervisory Board and 2014 dividend

May 1, 2014

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (AGM) has approved the appointment of Ms. Orit Gadiesh as a new member of the Supervisory Board.


The AGM also approved Philips’ proposal to pay a dividend over 2013 of EUR 0.80 per share in 2014. The dividend will be paid in cash or shares, at the shareholder’s option. More information about the optional dividend can be found here.


In addition, the AGM has adopted the proposal to re-appoint KPMG Accountants N.V. as external auditor of Philips for an interim period of one year. All other proposals made to shareholders at the AGM were also accepted.


For more information about Philips’ 2014 AGM, please visit this site. Additional information on the composition of the Board of Management, the Executive Committee, the Supervisory Board, as well as Philips’ 2013 results, is included in Philips’ 2013 Annual Report that was published on February 25, 2014.

More about the AGM 2014

Read more about the speech from Frans van Houten, CEO Philips.

For further information, please contact:

Steve Klink
Philips Group Communications
Tel.: +31 6 1088 8824


About Royal Philips:

Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2013 sales of EUR 23.3 billion and employs approximately 112,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at


Forward-looking statements

This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to these items. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.