2024 Philips AGM: What Shareholders Need To Know

Hugo van Dijk

5 min read

Post on May 25, 2025

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Key Dates and Registration for the Philips AGM 2024

Securing your participation in the Philips AGM 2024 requires timely registration. Understanding the key dates is crucial for both in-person and virtual attendance. This section details the important dates and the registration process to ensure you don't miss out on this vital shareholder meeting.

• Registration deadline: October 26, 2023
• AGM date: November 15, 2024
• Location: Amsterdam, Netherlands (physical); [Insert Webcast Link Here] (virtual)
• How to register online: [Insert Registration Portal Link Here]
• Proxy voting instructions: [Insert Proxy Voting Information Link Here]

The registration process is straightforward. Simply visit the designated online portal, provide your shareholder details, and indicate your preferred method of attendance (in-person or virtual). Remember, registering early is advisable to avoid last-minute complications. For those unable to attend in person, the virtual option offers a convenient way to participate in the Philips Annual General Meeting and stay updated on the Philips stock performance and future plans. Instructions for proxy voting, enabling you to vote even if you cannot attend, will also be available online.

Expected Announcements and Financial Results at the Philips AGM 2024

The Philips AGM 2024 will feature a presentation of the company’s financial performance for the previous fiscal year, alongside significant announcements shaping the company's future trajectory. This is a vital opportunity for shareholders to gain insights into the financial health of Koninklijke Philips N.V. and its strategic direction.

• Review of 2023 financial performance (revenue, profit, etc.): Expect a detailed analysis of the company’s financial results, including revenue figures, profitability, and key performance indicators (KPIs).
• Discussion of key strategic initiatives for 2024: Philips will outline its strategic plans for the coming year, highlighting key priorities and anticipated developments.
• Potential announcements regarding new technologies or market expansions: Shareholders can anticipate updates on innovative product launches, strategic partnerships, and potential expansions into new markets.
• Dividend announcements (if applicable): The AGM is a common platform for announcing dividend payments to shareholders, a crucial aspect of your investment return.

This presentation offers valuable insight into the financial health and future strategies of Koninklijke Philips N.V., providing a clear picture of the current investment climate. Pay close attention to the discussion of key strategic initiatives, as these will shape the company’s direction and impact future shareholder value.

Understanding the Philips AGM 2024 Agenda and Key Resolutions

The agenda for the Philips AGM 2024 will encompass a range of crucial topics requiring shareholder consideration and voting. Understanding these key resolutions is paramount for informed decision-making.

• Appointment of auditors: The AGM will address the appointment of external auditors responsible for verifying the company’s financial statements.
• Approval of the annual report: Shareholders will vote on the approval of the company’s annual report, a comprehensive overview of the previous fiscal year’s activities.
• Executive compensation: The AGM will present proposals regarding executive compensation packages, a matter of significant interest to shareholders.
• Board member elections: Elections for board members will take place, influencing the strategic leadership of Koninklijke Philips N.V.
• Significant strategic proposals: The agenda may include proposals related to major strategic decisions impacting the company's future, such as acquisitions, divestments, or substantial capital investments.

Careful review of the complete agenda and related documentation is highly recommended. Understand each resolution's implications for your investment and the overall direction of Koninklijke Philips N.V. This preparation is vital for informed participation.

How to Participate and Engage at the Philips AGM 2024

Whether attending in person or virtually, effective participation in the Philips AGM 2024 is crucial. This section outlines how to make your voice heard and engage in the decision-making process.

• Attending the meeting in person: In-person attendance provides the opportunity to directly engage with company management and other shareholders.
• Participating virtually via webcast: The virtual option offers a convenient alternative for those unable to attend in person.
• Submitting questions in advance: Many AGMs allow shareholders to submit questions in advance, ensuring your concerns are addressed.
• Exercising voting rights: Your participation involves exercising your voting rights on the presented resolutions, directly influencing the company's direction.

Active participation, whether in-person or virtual, is encouraged. Use the available channels to voice your concerns and opinions, making your investment count. Reviewing the available materials beforehand will ensure a more productive and informed participation.

Conclusion

The 2024 Philips AGM is a crucial opportunity for shareholders to stay informed about the company’s performance, strategic direction, and future plans. By understanding the key dates, anticipated announcements, and agenda items outlined above, you can effectively participate in the Philips AGM 2024 and exercise your rights as a shareholder. Remember to register in advance and familiarize yourself with the meeting materials to make your participation count. Don't miss out – prepare for the Philips AGM 2024 today! Stay informed about Koninklijke Philips N.V. and its future through active participation in the Philips Annual General Meeting and engagement with Philips investor information.