New member of Signify’s EnabLED Licensing Program

Reggiani S.p.A. Illuminazione new member of Signify’s EnabLED Licensing Program

June 15, 2020

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it signed a settlement and patent license agreement with the Italian company Reggiani S.p.A. Illuminazione. Reggiani has therefore joined Signify’s EnabLED licensing program, providing the company access to a wide range of basic LED control and product level technologies. The dispute between the two companies has been resolved.

“We will continue to offer our high-quality architectural lighting” said Matteo Reggiani, CSO of Reggiani SPA Illuminazione. “The license agreement provides us with better access to a wide range of led technologies.”

“We are happy to welcome Reggiani S.p.A. Illuminazione as a new member of our program. They now have access to more than 400 innovations including intelligent LED lighting products and connected LED lighting technology which gives them possibilities to grow today’s and tomorrow’s products,” said Frank Bistervels, Head of Intellectual Property at Signify. “This is a further recognition of the value of our innovations in the market,” Bistervels added.

The license agreement with Reggiani S.p.A. Illuminazione follows earlier agreements between Signify and more than 1100 lighting companies of different size and in different market segments. Signify aims to accelerate market adoption and growth of LED-based products by making its market-leading patented LED luminaire and retrofit bulb technologies available to the lighting industry. Additional information is available signify.com/enabled.

For further information, please contact:

Signify Corporate Communications
Elco van Groningen

Tel: +31 6 10865519

E-mail: elco.van.groningen@signify.com

About Signify

Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 38,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been named Industry Leader in the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.