Slide 1: Q4 2025 Results
Q4 202 5 Results January 30 th , 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: Content
Content Highlights & full year 2025 performance Fourth quarter and full year financial performance Outlook & closing remarks Q&A 3
Slide 4: Mixed full-year results in a challenging market
Mixed full - year results in a challenging market • Results demonstrate resilience amid reduced demand, tariff impacts, and price pressure in trade channels • Professional business grew in the US, while sales declined in Europe • Consumer business delivered sustained growth in all regions except Chi
Slide 5: 2025 performance by business
2025 performance by business Professional Consumer OEM Conventional 1,4% -1,4% CSG% -5,8% - 2,0% - 1,2% 2024 2025 -23,1% - 16,5% -29,2% 2024 2025 2024 2025 2024 2025 17,9% 16,1% 11,1% 10,6% 11,1% Adj. Ebita % 9,3% 8,9% 4,8% 2024 2025 2024 2025 2024 2025 2024 2025 5
Slide 6: Transforming Madrid's Teatro Real with Sustainable, Connected Lighting
Transforming Madrid’s Teatro Real with Sustainable, Connected Lighting • Complete architectural lighting transformation, renewed the full exterior and ornamental lighting of Teatro Real • >40% energy savings delivered, cutting CO ₂ emissions by over 2 tons per year • Connected lighting with Interact
Slide 7: Strong Philips Hue activation following biggest ever new product launches
Strong Philips Hue activation following biggest ever new product launches • Strong momentum during peak - events incl. Black Friday and Cyber Monday • Acceleration in brand engagement • In- app sales increased by >50% in Q4 • Strong new customer acquisition following launch of Hue Essentials range 7
Slide 8: Brighter Lives, Better World 2025 program – final results
Brighter Lives, Better World 2025 program – final results Doubling our positive impact on the environment and society 2019 Q4 2025 Overall 2025 Baseline Result Status Target Carbon reduction over value Climate action Better World chain against Paris 0 Achieved 324 MT Agreement Circular economy Circu
Slide 9: Content
Content Highlights & full year 2025 performance Fourth quarter and full year financial performance Outlook and closing remarks Q&A 9
Slide 10: Signify reports fourth quarter CSG of -5.2% with an operational profitability of 10.0%
Signify reports fourth quarter CSG of - 5.2% with an operational profitability of 10.0% Sales (in EURm) & comparable sales growth (in %) Q4 Key developments CSG -2.8% -5.2% -2.8% -1.4% -3.9% • Installed base of connected light points increased to 167 million • Comparable sales decline of 5.2% (and 4
Slide 11: The Professional Business reports -1.9% CSG
The Professional Business reports - 1.9% CSG as growth in the US was offset by weakness in Europe and emerging markets Sales (in EURm) & comparable sales growth (in %) Q4 Key developments CSG -3.4% -1.9% -1.8% 0.2% -2.1% • Growth in the US Professional business • Weakness in Europe and emerging mark
Slide 12: The Consumer Business reported a softer Q4 topline
The Consumer Business reported a softer Q4 topline as strong connected home sales were offset by weakness in China Sales (in EURm) & comparable sales growth (in %) Q4 Key developments CSG 4.0% -2.7% 3.1% 2.6% 3.7% • Double digit growth in the US, growth in Europe, offset by lower sales in China, and
Slide 13: The OEM Business continued to face demand compression and intense price pressure
The OEM Business continued to face demand compression and intense price pressure Sales (in EURm) & comparable sales growth (in %) Q4 Key developments CSG -1.2% -19.2% -10.7% -11.6% -23.0% • Challenging market conditions with weaker demand and continued intense price pressure • Adjusted EBITA impacte
Slide 14: The Conventional Business declined by 19.6%
The Conventional Business declined by 19.6%; adj. EBITA margin impacted by site rationalization Sales (in EURm) & comparable sales growth (in %) Q4 Key developments CSG -24.5% -19.6% -23.9% -26.8% -21.5% • Comparable sales decline of 19.6% reflecting the structural decline of the business • Adjusted
Slide 15: Adjusted EBITA margin of 10.0%; decrease driven by fixed cost under-absorption
Adjusted EBITA margin of 10.0%; decrease driven by fixed cost under - absorption, price and COGS effects As % of sales 12.4 % - 240 bps 10.0 % - 200bps - 1.0% +0.4% +0.4% - 0.1% - - 1.5% - 0.5% Q4 24 Volume Price/Mix COGS Indirect Costs Currency Other Q4 25 15
Slide 16: Working capital as a percentage of sales improved to 5.7%
Working capital as a percentage of sales improved to 5.7% reflecting a reduction of inventories, receivables and payables In EURm / as % of sales 6.9% - 120 bps 5.7% 422 225 329 - 42 - 107 - 170 Q4 24 Inventories Trade & other Trade & other payables Other working Q4 25 16 receivables capital items
Slide 17: Signify proposes dividend of EUR 1.57 per share
Signify proposes dividend of EUR 1.57 per share; prioritizes robust capital structure during ongoing portfolio and strategy review Capital allocation policy Key developments 2025 1. Continue to maintain a robust capital structure to support our commitment to an investment grade • Paid dividend of EU
Slide 18: Content
Classified Content Highlights & full year 2025 performance Fourth quarter and full year financial performance Outlook & closing remarks Q&A 18
Slide 19: Update on 2026 Strategy
Classified Update on 2026 Strategy Capital Markets Day confirmed for June 23, 2026 Outperform in difficult market Define path to durable growth Step up Operational excellence Complete portfolio review • Commercial • to harvest/divest vs. • Supply chain • grow/invest • IT Capital Allocation Implement
Slide 20: Outlook FY 2026
Classified Outlook FY 2026 Adj. EBITA margin: 7.5 – 8.5 % Free Cash Flow: 6.5 – 7.5 % of sales 20
Slide 21: Q&A
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Slide 22: Currency movements had a negative impact on sales and positive on the Adjusted EBITA margin
Currency movements had a negative impact on sales and positive on the Adjusted EBITA margin Q4 2 5 Sales FX Footprint (% of total) Key developments • Overall currency impact on sales of - 4.7 % mainly related to USD. • Positive impact of +0.4% on the Adjusted EBITA margin. 22
Slide 23: Net income decreased to EUR 60 million
Net income decreased to EUR 60 million, mainly resulting from lower operating income and higher adjusted items. From Adjusted EBITA to net income (in EURm ) Key developments Q4 24 Q4 25 • Adjusted items of EUR - 39 million were mainly to Adjusted EBITA 205 149 restructuring costs . In the previous y
Slide 24: Free cash flow increased to EUR 291 million
Free cash flow increased to EUR 291 million due to working capital improvement and a lower utilization of provisions. Free cash flow (in EURm) Key developments Q4 24 Q4 25 • Free cash flow of EUR 291m Income from operations 179 97 • Lower income from operations Depreciation and amortization 63 72 Ad
Slide 25: Signify
(S)ignify the meaning of light