February 20, 2018

Philips publishes 2017 Annual Report

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today published its 2017 Annual Report, and expects to file its 2017 Form 20-F with the US Securities and Exchange Commission later today (www.sec.gov).

Philips’ 2017 Annual Report will be on the agenda of the Annual General Meeting of Shareholders (AGM), to be held on May 3, 2018. The convocation notice and the agenda (including explanatory notes) for the AGM will be published in due course.

The 2017 Annual Report is available to shareholders and other interested parties via this link. A copy of Philips' 2017 Form 20-F will be available via this link and can also be obtained free of charge upon written request to Philips’ Annual Report Office.

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips' health technology portfolio generated 2017 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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