For many years Philips has pursued a consistent policy to enhance and improve its corporate governance in line with US, Dutch and international (codes of) best practices.
In its two-tier corporate structure, the executive management is entrusted to the Board of Management under the supervision of the independent Supervisory Board. Both the Supervisory Board and the Board of Management are accountable to the General Meeting of Shareholders for the performance of their functions.
Continuously striving to improve relations with its shareholders, Philips has incorporated a disclosure policy and follows an active investor relations approach.
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