2024 Philips Annual General Meeting: What You Need To Know

Henrik Larsen

4 min read

Post on May 24, 2025

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Key Dates and Logistics of the Philips AGM 2024

The precise date, time, and location of the 2024 Philips AGM will be announced on the official Philips Investor Relations website in due course. Keep an eye out for this crucial information. However, we anticipate the following:

• Date: [Insert Date Once Announced - e.g., April 26th, 2024]
• Time: [Insert Time Once Announced - e.g., 10:00 AM CEST]
• Location: [Insert Location Once Announced - e.g., Virtual Meeting via Webcast, or [Physical Address] ]

Registration procedures will also be detailed on the investor relations website. Expect the following:

• Registration Deadline: [Insert Deadline Once Announced]
• Registration Process: Online registration will likely be available, with instructions for both physical attendance (if applicable) and virtual participation.
• Question Submission: Shareholders will probably have the opportunity to submit questions in advance via the online registration portal.
• Webcast/Livestream: A live webcast of the AGM will almost certainly be available for those unable to attend in person. Details regarding access will be published closer to the date.
• Accessibility: Philips is committed to ensuring accessibility for all shareholders. Information regarding accessibility options for shareholders with disabilities will be provided on the registration page.

Review of Philips' 2023 Financial Performance and Key Highlights

Philips' 2023 financial performance will be a key focus of the AGM. The company's annual report, which will be available before the meeting, will provide detailed financial data. However, we can anticipate a review covering:

• Financial Performance: Key metrics such as revenue growth, profitability, and earnings per share will be presented and analyzed. Expect discussion around market share and overall financial health.
• Significant Achievements: The presentation will likely highlight successful product launches, strategic partnerships, and milestones achieved across various business segments. Keywords like "innovation," "market leadership," and "sustainable growth" are likely to feature prominently.
• Challenges Faced: Transparency regarding challenges encountered during 2023, such as supply chain disruptions or competitive pressures, is expected. Open discussion of these hurdles will demonstrate accountability.
• Product Launches and Market Developments: Expect updates on key product launches and their market reception, as well as analysis of significant developments in the healthcare technology market.
• Financial Reports: Access to the complete 2023 financial report will be readily available on the official Philips Investor Relations website.

Agenda Items for the 2024 Philips AGM

The agenda for the 2024 Philips AGM will include a variety of topics crucial to shareholders. Expect discussions and votes on:

• Approval of the Annual Accounts: A formal approval of the 2023 financial statements.
• Dividend Distribution: A proposal for dividend payments to shareholders, a key point of interest.
• Executive Compensation: Review and approval of executive compensation packages.
• Appointment of Auditors: Selection of the external auditors for the upcoming year.
• Board Elections: Potentially, elections for board members. This is where significant changes in leadership might be announced.
• Other Resolutions: Other significant resolutions or proposals relating to the company’s strategy and future plans.

Understanding the Board of Directors and Executive Leadership

The Philips AGM provides an opportunity to learn more about the individuals leading the company. Expect introductions and updates on:

• Board of Directors: A presentation of the current members of the Board of Directors, including their expertise and experience.
• Executive Team: Details on the key members of the executive team and their responsibilities. Changes in leadership will be highlighted.
• Leadership Profiles: Brief biographies of key individuals, often linked from the Philips website, will offer further insight.

Opportunities for Shareholder Engagement at the Philips AGM

The Philips AGM encourages active shareholder participation. This includes:

• Q&A Sessions: Dedicated Q&A sessions are typically planned to allow shareholders to directly engage with management.
• Active Participation: Shareholders are encouraged to actively participate in discussions and vote on resolutions.
• Importance of Participation: Shareholder participation plays a vital role in shaping the company’s governance and future direction.

Conclusion

The 2024 Philips Annual General Meeting represents a crucial opportunity for shareholders and stakeholders to stay informed about the company's performance and future direction. This article has provided a comprehensive overview of key dates, financial highlights, agenda items, and opportunities for engagement. Stay informed and actively participate in the 2024 Philips Annual General Meeting. Learn more and register your attendance by visiting the official Philips investor relations website. Don't miss this crucial opportunity to engage with Philips leadership and voice your concerns regarding the Philips Annual General Meeting.