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Information on the Company with regard to management's
views and objectives, market trends, market standing, product volumes,
business risks, the statements in Item 5 Operating and financial review
and prospects with regards to trends in results of operations, margins
overall, market trends, risk management, exchange rates, the
statements in Item 8 Financial Information relating to legal
proceedings and goodwill and statements in Item 11 Quantitative and
qualitative disclosure about market risks relating to risk caused by
derivative positions, interest rate fluctuations and other financial
exposure are forward-looking in nature. Forward-looking statements
can be identified generally as those containing words such as
anticipates, assumes, believes, estimates, expects, should,
will, will likely result, forecast, outlook, projects, may or
similar expressions. By their nature, these statements involve risk and
uncertainty because they relate to future events and circumstances and
there are many factors that could cause actual results and
developments to differ materially from those expressed or implied by
these statements.
These factors include but are not limited to: macro-
economic and geopolitical changes including protectionism measures
such as announcenacted and proposed tariffs and retaliatory trade measures in
response thereto; Philips ability to keep pace with the changing health
technology environment; Philips ability to gain leadership in health informatics and artiartificial
intelligence in (AI) and health informatics in response to developments in
the health technology industry; integration of acquisitions and their
delivery on business plans and value creation expectations; ability to
meet expectations with respect to ESG-related matters; securing and
maintaining Philips intellectual property rights, and unauthorized use
of third-party intellectual property rights; failure of products and
services to meet quality or security standards, adversely affecting
patient safety and customer operations; the resilience of our supply
chain; challenges in simplifying our organization and our ways of
working; attracting and retaining personnel; breach of cybersecurity;
challenges in driving operational excellence and speed in bringing
innovations to market; treasury and financing risks; tax risks; reliability
of internal controls; compliance with regulations and standards
involving quality, product safety, (cyber) security and artificial intelligenceAI; and
compliance with business conduct rules and regulations including
privacy, existing and upcoming ESG disclosure and due diligence
requirements.
As a result, Philips actual future results may differ
materially from the plans, goals and expectations set forth in such
forward-looking statements. For a discussion of factors that could cause
future results to differ from such forward-looking statements,
reference is made to the information in Risk factors.
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| 8 |
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Only the following information shall be deemed to be filed with the Securities and Exchange Commission for
any purpose (i) the information in this document that is referenced in the Form 20-F cross reference table, (ii)
the Introduction and the cautionary statements concerning forward-looking statements of this report on
pages 67-78, and (iii) the Exhibits. The content of Philips websites and other websites referenced herein should
not be considered to be a part of or incorporated into the 20245 Form 20-F. Any additional information which
is not referenced in the Form 20-F cross reference table or the Exhibits themselves shall not be deemed to be
so incorporated by reference, shall not be part of the 20245 Form 20-F and is furnished to the Securities and
Exchange Commission for information only.
The table below sets out the location in this document of the information required by SEC Form 20-F. The
exact location is included in the column Location in this document. The page number refers to the starting
page of the section for reference only (and is not intended to refer to the starting page of the specific
subsection, if applicable).
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Item | Form 20-F caption | Location in this document | ||||||
Part 1 |
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1 | Identity of directors, senior management and advisors | Not applicable | ||||||
2 | Offer statistics and expected timetable | Not applicable | ||||||
3 |
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