Philips intends to extend maturity of forward purchases of 4 million shares for long-term incentive plans

Provided By GlobeNewswire

Last update: Sep 15, 2025

September 15, 2025

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) announces today that it intends to extend the settlement of two forward contracts for 2 million long-term incentive plans shares each as part of the share repurchase program earlier announced on June 14, 2023. The planned extension will postpone the original maturity dates in Q4 2025 by one year to a new maturity date in Q4 2026. Further details will be available via this link.