Q1 2024 Earnings Report

The Consumer Business reported a CSG of -5.7% 6 Sales (in EURM) & comparable sales growth (in %) Key observations for Q1 24 CSG -15.0% -5.7% 328 299 Q1 23 Q1 24 Comparable sales decline of 5.7% Lower LED lamps and luminaires sales • Sales of Hue and Klite stabilized • Inventory levels of retailers have returned to normal levels Signify

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