Signify share repurchase periodic update

This press release has been corrected as the original average share price of the repurchases in the week of August 3 to August 7 was based on an incorrect number for the daily average of the repurchases on August 6 in the original Excel file. Both the text in this release and in the Excel file have been corrected.

August 10, 2020

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 82,008 shares in the period August 3 to August 7, 2020. The shares were repurchased at an average price of EUR 26.40 per share and an aggregate amount of EUR 2.2 million.

These repurchases were made as part of the company’s repurchase program, which was announced on July 30, 2020. Signify will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. The total number of shares repurchased under this program to date is 259,008 shares for a total consideration of EUR 6.7 million.

Details on the share buyback transactions can be found here.

For further information, please contact:

Signify Investor Relations

Rogier Dierckx

Tel: +31 6 1138 4609

E-mail: rogier.dierckx@signify.com

Signify Corporate Communications

Elco van Groningen

Tel: +31 6 1086 5519

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

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Signify share repurchase periodic update

About Signify

Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers. We proudly bring to market the world’s best lighting brands, from Signify, Philips, Philips Hue, Signify Interact, Signify Dynalite, Color Kinetics and many more. Our advanced products connected systems and services unlock the extraordinary potential of light for brighter lives and a better world. In 2025, we had sales of EUR 5.8 billion, approximately 27,000 employees, and a presence in over 70 markets. We are in the Dow Jones Best-in-Class World Index earned a CDP ‘A’ score for climate performance and transparency and hold the EcoVadis Platinum rating.

News and updates from Signify can be found in the Newsroom, on LinkedIn and Instagram. Information for investors is located on the Investor Relations page.

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