Governance
At Philips, we live up to the highest standards of ethics and governance in our culture and practices.
Governance
At Philips, we live up to the highest standards of ethics and governance in our culture and practices.
Responsible leadership
The Board of Management is entrusted with the management of the company and is supported by the other members of the Executive Committee in the fulfilment of its managerial duties.
Independent supervision
The Supervisory Board supervises the policies and management and the general affairs of Philips, and assists the Board of Management and the Executive Committee with advice.
General Business Principles
Acting with integrity is at the heart of our culture, and is part and parcel of our company’s mission and vision. While pursuing our business objectives, we aim to be a responsible partner in society, acting with integrity towards our employees, customers, business partners and shareholders, as well as the wider community in which we operate.
Risk management
Risk management forms an integral part of the business planning and review cycle. The company’s risk and control policy is designed to provide reasonable assurance that objectives are met by integrating management control into the daily operations, by ensuring compliance with legal requirements and by safeguarding the integrity of the company’s financial reporting and its related disclosures.
External Auditor
The external auditor of Royal Philips is appointed by the General Meeting of Shareholders in accordance with the Articles of Association. The current external auditor, PricewaterhouseCoopers Accountants N.V., was appointed by the General Meeting of Shareholders on May 9, 2023, for a term of four years starting January 1, 2025.
Contact Investor Relations
Durga Doraisamy Head of Investor Relations
Dorin Danu Investor Relations Director
Shav Sharipov Investor Relations Director
Frederika Yohana Investor Relations Manager - ESG
Monique van der Heiden Corporate Access Manager
