Signify Financial Outlook and Performance

Home reported a loss due to lower sales and investments in growth since 1Q17 Sales (in EURM) & comparable sales growth (in %) 32.7% 25.3% 53.9% 45.1% -6.4% Key observations for 1Q18 CSG of -6.4% Lower than expected sales at our trade partners in the 4th quarter, most notably in the US Resulted in lower sales in Q1 to allow for inventory reductions at our trade partners 106 100 115 186 92 1Q17 2Q17 3Q17 4Q17 1Q18 Adjusted EBITA (in EURm & as % of sales) 1 0 9.5% 18 • -6 -0.4% 0.5% -6.0% -21 -23.1% 1Q17 1Q18 2Q17 3Q17 4Q17 24 24 • The Adjusted EBITA margin was -23.1%, due to Lower fixed cost absorption Investments in growth since 1Q17 Undertaking a set of actions to improve performance: Continuing to broaden our product offering • Diversifying our distribution coverage Increasing our marketing activities Signify

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