Philips Investment Overview slide image

Philips Investment Overview

OUR INVESTMENT IN PHILIPS IS OUR LARGEST HEALTHCARE INVESTMENT PHILIPS PHILIPS PHILIPS HI Exor STRONG ALIGNMENT WITH PHILIPS MANAGEMENT TEAM "Exor's investment in Philips, their long-term outlook and increased focus on healthcare and technology, fit well with our strategy and substantial value creation potential. With our market leadership positions and people- centric innovation capabilities, Philips is well positioned to deliver on our purpose to improve the health and well-being of people, creating value for all stakeholders."- Roy Jakobs (Philips CEO) €2.8bn investment 15% ownership Right to nominate 1 Director Closed on 14 August 2023 "We welcome Exor as a long-term investor in Philips. They have a successful track record and clear strategy to grow and develop in healthcare and technology. Exor's substantial investment underlines their confidence in Philips' transformation into a healthcare technology company and its growth and value potential." - Feike Sijbesma (Philips Chair) "The path of change taken by Philips in recent years has created a company that combines two areas - healthcare and technology - to which we are committed. Our discussions have confirmed the strong and positive alignment between our long-term, supportive approach to our companies and Philips' ambitious plans under the chairmanship of Feike Sijbesma and the executive team led by Roy Jakobs.” – John Elkann (Exor CEO) 10
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