Signify attaches great value to maintaining an open dialog with shareholders, investors and equity analysts to promote transparency and receive valuable feedback. The company conducts extensive investor outreach throughout the year involving investor relations and members of the Board of Management, to ensure that issues which matter most to shareholders can be addressed effectively.
In 2019, Signify hosted around 70 conference calls and around 190 investor meetings through 21 roadshow days, 12 investor conference days and in-house meetings, thereby reaching around 220 unique investment institutions and covering more than 70% of its shareholder base, excluding passive funds. As part of this engagement, the company met at least twice with 9 of its largest 10 shareholders, excluding passive funds, through at least 28 meetings and conference calls.
Signify has an active investor relations approach aimed at supporting the company’s long-term ambitions by keeping existing and potential shareholders well-informed about its strategy and latest operational and financial developments. Signify releases a full set of financial results on a quarterly basis. Each quarter, the company also organizes an earnings call for research analysts and institutional investors to discuss these results, which can be accessed and replayed on Signify’s Investor Relations website. In addition, the company organizes an analyst dinner at least once a year hosted by the CEO and the CFO. Each quarter, the Supervisory Board receives a report that summarizes the feedback from institutional shareholders and investors as well as equity analysts, which gives the members of the Supervisory Board a clear understanding of shareholders’ views and concerns.