Core Points - Harsh Chitale, CEO of Signify's Professional Business, will leave the company on December 31, 2025, to pursue an opportunity outside of Signify [1] - The Supervisory Board expressed gratitude for Chitale's contributions to advancing Signify's leadership in energy-efficient lighting products and services [2] - Chitale reflected on his decade-long tenure, highlighting the progress made in making Signify and the lighting industry smarter and more sustainable [3] - From January 1, 2026, the Board of Management will consist of CEO As Tempelman and CFO Zeljko Kosanovic [4] Company Overview - Signify is the world leader in lighting for professionals, consumers, and the Internet of Things, with sales of EUR 6.1 billion in 2024 and approximately 29,000 employees [5] - The company operates in over 70 countries and is recognized in the Dow Jones Sustainability World Index, holding the EcoVadis Platinum rating [5] - Signify's global brands include Signify, Interact, Philips, Philips Hue, WiZ, Dynalite, Color Kinetics, and Telensa [6]