Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (2020 AGM) has approved the appointment of Feike Sijbesma and Peter Löscher and the re-appointment of Neelam Dhawan as members of the Supervisory Board. The other proposals voted on at the AGM were also adopted.
Philips plans to convene an Extraordinary General Meeting of Shareholders, to be held in the second half of June 2020, to submit a dividend proposal to its shareholders in order to declare a distribution of EUR 0.85 per common share, in shares only.
Information on the composition of the Board of Management, the Executive Committee and the Supervisory Board can be found here.
Philips’ 2019 results are included in Philips’ 2019 Annual Report that was published on February 25, 2020.
For more information about Philips’ 2020 AGM, please click on this link.