The Supervisory Board’s composition follows the profile, which aims for an appropriate combination of knowledge and experience among its members encompassing general management, international business, environmental, social and governance (ESG) and sustainability, (consumer) health and medical technology, patient safety, quality & regulatory and product development, finance and accounting, human resources, manufacturing and supply chain, information technology and digital, marketing, and governmental and public affairs, all in relation to the global character of Philips’ businesses. Each member of the Supervisory Board shall be capable of assessing the broad outline of the overall policy of the Company. The Supervisory Board pays great value to diversity in its composition as set forth in the Diversity Policy. More particular it aims for having members with different nationalities and (cultural) backgrounds, working experiences or otherwise diverse qualities, as well as one or more members with an executive or similar position in business or society no longer than 5 years ago. Furthermore, the Supervisory Board shall meet the gender quota, in accordance with Dutch law, requiring that at least one-third of the supervisory board members are women and at least one-third are men. The composition of the Supervisory Board shall be in accordance with the best practice provisions on independence of the Dutch Corporate Governance Code. The size of the Supervisory Board may vary as considered appropriate to support its profile.