Signify Nv · EURONEXT:LIGHT
Signify Nv — Investor Day (June 2026)
83 slides from Signify Nv's investor day presentation, Jun 23, 2026
Slide 1: Capital Markets Day
Capital Markets Day 23 June 2026
Slide 2: Important information
Important information Forward - Looking Statements and Risks & Uncertainties This document and the related oral presentation contain, and responses to questions following the presentation may contain, forward - looking statements that reflect the intentions, beliefs or current expectations and proje
Slide 3: CMD CEO Presentation
CMD CEO Presentation More focused – Better performing As Tempelman June 2026
Slide 4: More focused, Better performing
More focused Better performing 4
Slide 5: More focused, better performing lighting company
More focused, better performing lighting company Overall market stabilizing, growth in connected lighting Signify strengths deliver resilience on gross margin Portfolio focus redefined around BUILD and HARVEST Performance step up with three playbooks at granular level Delayered team focused on execu
Slide 6: Overall market stabilizing, growth in connected lighting
Overall market stabilizing, growth in connected lighting Adjacent Connected Systems Conventional lighting Luminaires lamps 1 LED lamps Market size 2025, <0.5 4 36 12 100+ EURbn Value market - 28% - 8% - 2% 2% 5 - 10% growth ’21 - ’25, % Value market - 35% - 8% 0% 4% 5 - 10% growth ’25 - ’29, % 6 1.
Slide 7: Lamps stabilizing at c. 60% of current value
Lamps stabilizing at c. 60% of current value CAGR Value Global market for lamps , EURbn 2025 - ’29, % • Volume shifting to - 35% stable LED replacement market underpinned by ongoing demand for Conventional lamps Lamps bottoming out at non - integrated, c.60% of current value & - 34% socket - based c
Slide 8: Connected lighting close to inflection point
Connected lighting close to inflection point Connected lighting, 12+ EURbn with 4+% CAGR 2025 - 2029 ms ste sy • Volume growth +8% nt e d j ac A • Price erosion - 4% ED ti ng • Proven use cases L li g h ed C o nnect al C o n ventio n 8 Source: Estimates based on Signify market model
Slide 9: Adjacent systems present new value pools
Adjacent systems present new value pools Energy Health/ Efficiency Smart City Security Wellbeing Entertainment Ecosystem Market size, 2025 (CAGR 2025 - >30 EURbn 1 >10 EURbn 2 >50 EURbn 3 >10 EURbn 4 >5 EURbn 5 2030) 5 - 10% CAGR 10- 15% CAGR 6 - 8% CAGR 8- 12% CAGR 10- 15% CAGR From connected Dynam
Slide 10: Signify company profile
Signify company profile Revenue split, 2025 Technologies Geographies Business units 8% 6% 6% 6% 1% 10% 40% 5.8 22% 5.8 EURbn EURbn 65% 36% Luminaires 1 Professional Connected & Specialty Lighting North America Europe Rest of World Consumer LED Lamps India: 5% OEM Conventional 41% 33% 26% Of which Co
Slide 11: CEO diagnosis: unique strengths and opportunities
CEO diagnosis: unique strengths and opportunities Unique strengths to leverage… …and opportunities to do better Gross margin resilience at group level More consistent delivery across full portfolio Technology - led innovation and IP Higher return on R&D Sourcing power and flexibility Less commodity
Slide 12: Gross margin resilience at company level
Gross margin resilience at company level P&L breakdown, EURb, % of sales Revenue Revenue Gross margin % GM % 8 100% Gross margin resilience 7 90% • Strong brands with 80% 6 premium 70% 5 60% • Sourcing power 4 50% • Value engineering 3 40% Variance across the 30% 2 portfolio 20% 1 10% 0 0% 2021 22 2
Slide 13: More focused, better performing lighting company
More focused, better performing lighting company Portfolio focus Performance step - up Granular review Three playbooks Split in BUILD & HARVEST Each performance area with own strategy Six choices Raise the bar on operational excellence 13
Slide 14: Portfolio best viewed at more granular level of performance areas
Portfolio best viewed at more granular level of performance areas Granular performance areas… … benefiting from Signify portfolio Examples • Signify brand and reputation Professional Consumer • Shared R&D platform and IP • Europe Stock & Flow • LED Lamps • Sourcing / procurement scale • Cooper Proje
Slide 15: Split portfolio in BUILD & HARVEST mandates
Split portfolio in BUILD & HARVEST mandates BUILD HARVEST 2025 2029 2025 2029 Share of revenue ,% 72% c. 80% 28% c. 20% Revenue , EURbn 4.2 1.6 CSG, % 2024 - 2025 / 2025 - 2029 0% c. +2% - 11% c. - 5% EBITA margin vs group average > < 15 Source: Signify financials, and internal projections
Slide 16: Six portfolio choices
Six portfolio choices Grow Consumer BUILD Targeted investments in Professional BUILD Focus direct presence on 35 countries BUILD Reduce exposure to commoditized manufacturing HARVEST Extract max value from LED Lamps over life cycle HARVEST Manage decline of Conventional, all end - game options open
Slide 17: Grow in consumer
BUILD choice 1: Scale luminaires with Accelerate growth of product portfolio expansion connected lighting Grow in consumer Market value growth forecast Consumer connected +4% p.a. Grow India lighting and beyond 2025 2029 17 Source: Estimates based on Signify market model
Slide 18: Targeted investments in Professional
BUILD choice 2: Prioritize segments with Advance connected lighting leading positions platforms Targeted investments in Professional Segment share key driver of performance 1,2 Adj. EBITA margin +5pp Strengthen specifiers and distributors <10% segment >10% segment share share 1. Analyses based on ge
Slide 19: Focus direct presence on 35 countries
BUILD choice 3: Focus direct Revenue per country, 2025 presence on 35 countries Localizing the growth engine 19 Source: Signify internal data
Slide 20: Choices 4-6
- HARVEST: Choices 4 - 6 Reduce exposure to • Focus on Make/Engineer - to - order for Spec • Manage full life cycle commoditized • Reduce commodity manufacturing exposure • Make most of business manufacturing • All options open for OEM & commodity manufacturing Manage decline of • Leverage Signify d
Slide 21: Improve profitability through three playbooks
Improve profitability through three “playbooks” Playbook #1 Playbook #2 Playbook #3 Maximize operating leverage Turnaround Maintain profitability Growth & high profit portfolios EBITA dilutive portfolios Declining or low growth & high profit portfolios • Consumer: Connected • Professional: Genlyte •
Slide 22: Raise the bar on execution and operational excellence
• Voice of Customer program Commercial • Agentic AI applications for channel partners • Capability building Raise the bar on • SKU rationalization execution and Supply Chain • Process simplification with new ERP operational • Inventory optimization with AI tooling excellence • Drive cost culture Cos
Slide 23: Delayered leadership team to drive execution
Delayered leadership team to drive execution Board of management Performance area leaders Our set - up • New Chief Growth Kraig Kasler Christy Tilton As Tempelman Professional North Professional North Officer role – Chief Executive America - Cooper America - Genlyte innovation, platforms, Officer ne
Slide 24: More focused, better performing lighting company
More focused, better performing lighting company Portfolio focus Performance step - up 2029 objectives 0 - 1% c.10% 7- 8% CSG Adj. EBITA FCF Competitive shareholder value creation 24
Slide 25: Competitive shareholder value creation
Competitive shareholder value creation • Set up the company for future success • Stable revenue and improve profitability • Balanced capital allocation – Strong balance sheet – Attractive dividends – Selective M&A 25
Slide 26: (S)ignify the meaning of light
(S)ignify the meaning of light
Slide 27: Consumer
Consumer Exciting growth opportunity in Consumer Michael Kühne June 2026
Slide 28: Exciting growth opportunity in consumer
Exciting growth opportunity in consumer Market Consumer operates in 3 performance areas with different dynamics Position A strong foundation: Global leader in consumer lighting Strategy Clear role and way - to - play for each part of the business, delivering sustained growth 28
Slide 29: Three performance areas with different dynamics
Three performance areas with different dynamics LED lamps Luminaires Connected Conventional lamps LED lamps replacing conventional LED lamps replacement • Declining but large, profitable • Large, moderate growth market • Mid- single digit growth market business • Highly fragmented with no dominant •
Slide 30: Consumer lighting demand model: Not only construction-led
Consumer l ighting demand model: Not only construction - led Replacement & renovation Lifestyle upgrade Consumers move every Illumination to ambience, Marketing & brand activation c. 8 years convenience & entertainment inspires consumers to upgrade their spaces 30 Source: Signify internal data, U.S.
Slide 31: Back to growth
Leading market positions Strong, multi - channel distribution Signify is the 30% Global market share in connected global leader in Available in >150 countries consumer lighting Portfolio of world - class Consistent growth trajectory brands Back to growth In 2025 31 Source: Estimates based on Signify
Slide 32: Just under 2 years in, big steps made
Just under 2 years in, big steps made… Capabilities Structure People • Consumer centricity at the • Go where the consumer goes • Right external talent brought core in • New ecommerce organization • Marketing and social step - up • Internal talent identified and • New marketing and social placed in r
Slide 33: Portfolio strategy: Clear role and way-to-play for each segment
Portfolio strategy: Clear role and way - to - play for each segment HARVEST: LED lamps BUILD: Luminaires BUILD: Connected Harvest and reduce exposure to Build with new, design - led & Build and outgrow the market manufacturing family - based portfolio • New households via multiple entry points • Exp
Slide 34: Our strategy going forward
Our strategy going forward Portfolio focus Performance step - up LED lamps: Harvest and reduce exposure to SKU rationalization manufacturing Luminaires: Build with new, design - led & family - Maintain profitability playbook for lamps based portfolio Maximize operating leverage playbook for Connecte
Slide 35: Deep-dive: Philips Hue
Deep - dive: Philips Hue World’s leading lighting home ecosystem Continue to deliver “first to Increase lifetime value: world” innovation devices (>10 devices), services & features Create ‘wow’ entertainment Build desire through design experiences Building on our strong foundation Leading connected
Slide 36: Philips Hue business drivers: Exciting growth opportunity
Philips Hue business drivers: Exciting growth opportunity Example Netherlands Hue Household Average € per Hue penetration in NL, % Hue devices per HH, # device x x = c.30 Euro 17 devices c. 8% • Est. max penetration for Hue in NL Upward trend: Upward trend: based on HH disposable income • 2022: c.11
Slide 37: Exciting growth opportunity in consumer
Exciting growth opportunity in consumer Market Consumer operates in 3 performance areas with different dynamics Position A strong foundation: Global leader in consumer lighting Strategy Clear role and way - to - play for each part of the business, delivering sustained growth 37
Slide 38: (S)ignify the meaning of light
(S)ignify the meaning of light
Slide 39: Professional
Professional Largest business, targeted investments As Tempelman June 2026
Slide 40: Signify Professional: Largest business, targeted investments
Signify Professional: Largest business, targeted investments Market Stock & Flow and Projects with distinct dynamics and ecosystems Strength in both segments, deeply connected in ecosystem and strong connected Position offering Strategy Focus on segments with leading positions, win with our partners
Slide 41: Well positioned global player
Well positioned global player Revenue split, 2025 Portfolio mix Geographic presence ~30% 3.8 EURbn ~70% North America Europe Rest of World Projects Stock & Flow c.50% c.30% c.20% 41 Source: Signify internal financials
Slide 42: Deeply connected in the ecosystem
Deeply connected in the ecosystem Demand Creation & Specification Stock & Flow (Offline & Online) Projects Agents Distributors / Wholesalers / CSIs/Distributors/Wholesalers/ Specifiers Retailers Integrators 1 Architects Lighting Designers Technical Consultants Interior Designers Sustainability Consu
Slide 43: Strong connected lighting offer
Strong connected lighting offer Retail Hotels Stadiums Tunnels METRO Marina Bay Sands Ritz - Carlton FIFA Funabashi Horse TunneLogic Nordics tunnels Apple Preferred Provider France Singapore Melbourne Racetrack, Japan ASEAN & Pacific Norway for Floodlights Industry Hospitals & Schools Cities Offices
Slide 44: Targeted investments in Professional: Connected lighting platforms
Targeted investments in Professional: Connected lighting platforms Our position today Our strategy going forward Significant potential Leverage scale advantage • 10- 15% of installed base, still low • Growth across applications • Operating leverage Leading position • Commercial strength: Targeted in
Slide 45: European strategy to drive performance
European strategy to drive performance Our strategy going Our position today forward #1 Geography Top 5 countries Other Portfolio focus Position in Europe 1, long • Prioritized segments and country history combinations Customer Project Stock • Innovate customer - led: connected, specification, ease
Slide 46: Rest of World strong position with clear growth strategy
Rest of World strong position with clear growth strategy Our strategy going Our position today forward #1 Geography 2 META China SEA Other Portfolio focus Position 1 with profitable • Invest in core markets and growth momentum connected solutions Customer Project Stock • Deploy partner - led, capita
Slide 47: North America Professional: 2 front ends, 3 playbooks
North America Professional: 2 front ends, 3 playbooks Separate front - ends and agent networks Shared back - bone Legacy with roots in specification Successful acquisition Playbook: Maximize operating leverage Playbook: Turnaround & Maintain profitability 47
Slide 48: (S)ignify the meaning of light
(S)ignify the meaning of light
Slide 49: Professional: Cooper Lighting Solutions
Professional: Cooper Lighting Solutions Amplify clear #2 position in North America Kraig Kasler June 2026
Slide 50: Cooper: Amplify clear #2 position in North America
Cooper: Amplify clear #2 position in North America Market North American lighting market is large and profitable Position Clear #2 position: Strong agent network, differentiated solutions Strategy Enhance Specification & Connected, leverage AI for next level of performance 50
Slide 51: North American lighting market: large, concentrated, profitable
North American lighting market: large, concentrated, profitable Professional Market More consolidated Unique go - to - market North American market share Tied agent network serving a 10.5 $bn fragmented local landscape of North America lighting market revenue in 2025 • Distributors • Contractors Gro
Slide 52: Strong platform for profitable growth
Strong platform for profitable growth E2E position in North America with Signify scale advantage… …with strong trajectory • Successful acquisition #2 Geography USA • Above market growth Market position in North America , with strong • Improved profitability in trajectory 1 Customer Project Stock cha
Slide 53: Roadmap to win in North America, next level of Signify performance
Roadmap to win in North America, next level of Signify performance Portfolio focus Performance step - up Customer Experience: Digitize, automate with AI Stock & Flow: Simplify operating model Projects - Specification: Enhance portfolio Projects - Connected: Drive commercial excellence Operational Ex
Slide 54: Customer experience: Deliver faster, better service at lower cost
Customer experience: Deliver faster, better service at lower cost TODAY: Tools built to simplify each step of the customer buying journey 1. Discover 2. Design 3. Price 4. Buy 5. Support + grow Augmented Lighting Lighting and Controls CPQ: Configurator / Price Customer portal including AI powered Ch
Slide 55: Stock & Flow: Simplify operating model focused on customer needs
Stock & Flow: Simplify operating model focused on customer needs Our position today Our strategy going forward • 30 - 35% of Cooper sales Create optimized P&L focused on customer needs • Leading brands & offering • Deep distributor relationships Ease of doing business: • Signify scale - purchasing,
Slide 56: Projects - Specification: Rebuild leadership portfolio
Projects - Specification: Rebuild leadership portfolio Our position today Our strategy going forward • 35 - 40% of Cooper sales Targeted R&D Selective Focus on high • Established brand portfolio investments acquisitions growth segments • US, Mexico manufacturing • Signify best - in- class technology
Slide 57: Projects – Connected: Drive commercial excellence
Projects – Connected: Drive commercial excellence Our position today Our strategy going forward Cooper Connected Revenues Commercial Excellence % of total Cooper revenues • Upskill agents, sales teams Few in the The solution industry have the • Attach high growth segments stack is built c. 35 % scal
Slide 58: Operational Excellence: Take to next level
Operational Excellence: Take to next level Our position today Our strategy going forward Manufacturing sites: Improve service, cost, cash • 14 pre - LED in 2008 Next level operational excellence • 7 pre - Signify in 2019 • Continued footprint optimization • 6 today • Fixed & variable productivity •
Slide 59: Cooper: Amplify clear #2 position in North America
Cooper: Amplify clear #2 position in North America Market North American lighting market is large and profitable Position Clear #2 position: Strong agent network, differentiated solutions Strategy Enhance Specification & Connected, leverage AI for next level of performance 59
Slide 60: (S)ignify the meaning of light
(S)ignify the meaning of light
Slide 61: India – Professional and Consumer
India – Professional and Consumer High performance with further potential in India Sumit Joshi June 2026
Slide 62: High performing and further growth potential
High performing and further growth potential Market Compelling growth market with unique structural characteristics Position Clear winner in India’s lighting market, accretive to Signify growth, profit, and cash Strategy 5 strategic growth vectors 62
Slide 63: Indian Market: Compelling growth market
Indian Market: Compelling growth market Fast growing economy Mature LED market Attractive adjacencies Est. GDP growth in 2026, % Safety + 6.5 Smart Security 3% Dom Appl 9% Building Wtr/Rm 3% Heater 5.0 HVAC Cntrl 5% 2% Fans 5% 4.4 CCTV 4% Lighting 5% TAM 2.3 Durables €27Bn 40% Wires 0.8 0.8 0.7 55%
Slide 64: Indian Market: Unique structural characteristics
Indian Market: Unique structural characteristics Brand as differentiator Fragmented distribution Local - for - local market Infrastructure tailwind • Top 5 lighting brands 50% • ~300k Electrical outlets, • Local production & design • Smart public share 40% in Rural India requirements infrastructure
Slide 65: #1 lighting company: largest and most profitable
#1 lighting company: largest and most profitable Strong brands • Strong brand portfolio incl. Philips and EcoLink • High brand preference for Philips underpinning 10- 15% price premium High - quality talent • Strong employer brand recognized by Great Places to Work • Multi- channel with 100k+ retail
Slide 66: Strategic growth vectors towards continued lighting leadership
Strategic growth vectors towards continued lighting leadership Portfolio focus Performance step - up Grow in fans & other adjacencies: Leverage Expand branded retail: Drive premiumization and Go - to - Market and brand synergies smart lighting in Consumer Win in high growth segments in prof: Focus o
Slide 67: High performing and further growth potential
High performing and further growth potential Market Compelling growth market with unique structural characteristics Position Clear winner in India’s lighting market, accretive to Signify growth, profit, and cash Strategy 5 strategic growth vectors 67
Slide 68: (S)ignify the meaning of light
(S)ignify the meaning of light
Slide 69: CFO Presentation
CFO Presentation More focused – Better performing Željko Kosanović June 2026
Slide 70: Signify Value creation roadmap to 2029
Signify Value creation roadmap to 2029 2021 - 2025: margins and cash flow preserved through market headwinds A clear path to 2029 objectives Stabilize topline Step up profitability through disciplined, differentiated execution Unlock structurally stronger cash generation Robust balance sheet, balanc
Slide 71: Profitability and cash generation resilient through a challenging cycle
Profitability and cash generation resilient through a challenging cycle P&L breakdown, EURbn, % of sales • Top - line compression 7.5 6.9 6.7 by - 23% in last 3 6.1 5.8 years, c.1/3 driven by Fx impact 1 62.3% Adj. COGS 60.2% 60.0% 59.0% 59.6% • Gross margin Adj. Indirect protected – COGS costs 1 ad
Slide 72: More focused, better performing lighting company
More focused, better performing lighting company Portfolio focus Performance step - up 2029 objectives 0 - 1% c.10% 7- 8% CSG Adj. EBITA FCF Competitive shareholder value creation • Grow BUILD portfolio • Improve performance with 3 • Profit expansion • Manage HARVEST portfolio decline playbooks • Lo
Slide 73: Differentiated dynamics and levers across businesses leading to overall stabilizing top line
Differentiated dynamics and levers across businesses leading to overall stabilizing top line Directional growth profile 2029 Growth Volume Price Professional • Connected & Projects Signify 2029 • Stock & Flow objective Consumer • Connected & Lums 0 - 1% CSG • Lamps OEM Conventional Increase Decrease
Slide 74: Improve profitability through three playbooks
Improve profitability through three “playbooks” Playbook #1 Playbook #2 Playbook #3 Maximize operating leverage Turnaround Maintain profitability Growth & high profit portfolios EBITA dilutive portfolios Declining or low growth, high profit portfolios A single, strengthened p erformance management s
Slide 75: A granular path to profit expansion – by portfolio and by playbook
A granular path to profit expansion – by portfolio and by playbook Portfolio focus Performance step - up Adj. EBITA margin, % c.10% c.10% 8.9% 8.9% 7.5- 8.5% 7.5- 8.5% 2025 Guidance BUILD HARVEST 2029 2025 Guidance 1. Max. 2. Turn 3. 2029 2026 2026 Operating aroun d Maintain leverage Profit. Playboo
Slide 76: Gross margin management discipline – proven and sustained
Gross margin management discipline – proven and sustained Gross margin, % Four drivers of +2.5% sustained gross margin 40.1% 39.7% - 2.1% strength: • Price discipline • Structural mix improvement through portfolio focus • Procurement scale advantage and R&D - driven efficiency • Manufacturing & supp
Slide 77: Step-up cost efficiency: universal discipline, focused growth investment
Step - up cost efficiency: universal discipline, focused growth investment Indirect costs (excl. amortization), EURbn Four levers of structural 1.8 cost discipline: • Granular, differentiated resource allocation – by portfolio, by playbook • P&L accountability embedded at every level in the organiza
Slide 78: Unlock structurally stronger cash generation
Unlock structurally stronger cash generation Free cash flow bridge, % of sales, Development Guidance 2026 2029 Adj. EBITDA • Margin expansion as primary driver Working capital • Supply chain excellence driving inventory and working capital improvement Restructuring • Continued effort in cost base ri
Slide 79: A balanced capital allocation policy to support value creation
A balanced capital allocation policy to support value creation Investment Investment • Maintain robust capital structure to support grade grade rating commitment to investment grade credit rating rating Dividend Dividend • Pay an annual cash dividend with a pay - out ratio of 40 - 50% of continuing
Slide 80: (S)ignify the meaning of light
(S)ignify the meaning of light
Slide 81: CMD Wrap-up
CMD Wrap - up More focused – Better performing As Tempelman June 2026
Slide 82: More focused, better performing lighting company
More focused, better performing lighting company Overall market stabilizing, growth in connected lighting Signify strengths deliver resilience on gross margin Portfolio focus redefined around BUILD and HARVEST Performance step up with three playbooks at granular level Delayered team focused on execu
Slide 83: (S)ignify the meaning of light
(S)ignify the meaning of light