Signify starts share repurchase program of up to 725,000 shares to cover performance share plans

Core Viewpoint - Signify has initiated a share repurchase program to buy back up to 725,000 shares, primarily to fulfill obligations from its long-term incentive performance share plan and other employee share plans [1][2]. Group 1: Share Repurchase Program Details - The share repurchase program commenced on February 13, 2026, and is anticipated to conclude by the end of April 2026 [2]. - The total value of the 725,000 shares at the current share price is approximately EUR 14.5 million, which constitutes 0.6% of the company's issued share capital [2]. - The repurchased shares will be held in treasury until the share awards are vested [2]. Group 2: Execution and Compliance - An intermediary will execute the program, allowing for share repurchases in the open market during both open and closed periods [3]. - The program will adhere to relevant laws and regulations, as well as the authority granted by the Annual General Meeting of Shareholders on April 25, 2025 [3]. - Signify will provide weekly updates on the progress of the share repurchase program through press releases and on its website [3]. Group 3: Company Overview - Signify is recognized as the world leader in lighting for both professionals and consumers, with a diverse portfolio of brands including Philips and Philips Hue [4]. - In 2025, Signify reported sales of EUR 5.8 billion and employed approximately 27,000 people, operating in over 70 markets [4]. - The company is included in the Dow Jones Sustainability World Index and has received a CDP 'A' score for climate performance and transparency, along with an EcoVadis Platinum rating [4].