Philips Investment Overview

Strategic and Operational Progress STRATEGIES Progress in 2023... 'Opportunity' launched in Q1 2023 'Innovation' launched in Q2 2023 ...Future Priorities Launch new strategies selectively PEOPLE New joiners - Investment Teams Managing Partner and CIO, Partners and Analysts New joiners - Business COO, Investor Relations, Trading and Operations Board of Directors - George Osborne appointed as Chair Offices - New locations in London and New York Continue to recruit high quality talent Enhance the organization while minimising bureaucracy Expand global presence of our investment teams INVESTORS Engaged prospective investors Build long-term partnerships with selected investors LINGOTTO INVESTMENT MANAGEMENT LLP 23

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