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Philips 2017 Annual Report

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Philips 2017 Annual Report Investor Relations 15.1 In 2017, a dividend of EUR 0.80 per common share was Exchange rate (based on the “Noon Buying Rate”) EUR per USD paid in cash or shares, at the option of the shareholder. 2013 - 2017 For 48.3% of the shares, the shareholders elected for a period end average high low share dividend, resulting in the issue of 11,264,163 new 2013 0.7257 0.7532 0.7828 0.7238 common shares, leading to a 1.2% dilution. EUR 384 2014 0.8264 0.7533 0.8264 0.7180 million was paid in cash. See also section 3.5, Proposed 2015 0.9209 0.9018 0.9502 0.8323 distribution to shareholders, of this Annual Report. 2016 0.9477 0.9037 0.9639 0.8684 2017 0.8318 0.8867 0.9601 0.8305 ex-dividend date record date payment date Exchange rate per month (based on the “Noon Buying Euronext Rate”) EUR per USD Amsterdam May 7, 2018 May 8, 2018 June 6, 2018 2017 - 2018 New York highest rate lowest rate Stock Exchange May 7, 2018 May 8, 2018 June 6, 2018 August, 2017 0.8545 0.8316 September, 2017 0.8513 0.8305 October, 2017 0.8636 0.8441 Philips Group November, 2017 0.8638 0.8378 Dividend and dividend yield per common share 2008 - 2018 December, 2017 0.8529 0.8318 January, 2018 0.8388 0.8008 5.1% 4.6% 3.4% 3.3% 3.8% 3.3% 3.4% 2.4% 3.0% 2.8% 2.5% Yield in %1) Unless otherwise stated, for the convenience of the 2) 0.80 0.80 0.80 0.80 0.80 Dividend per reader, the translations of euros into US dollars 0.75 0.75 0.75 0.70 0.70 0.70 share in EUR appearing in this section have been made based on the closing rate on December 31, 2017 (USD 1 = EUR 0.8365). This rate is not materially different from the Noon Buying Rate on such date (USD 1 = EUR 0.8318). The following table sets out the exchange rate for US dollars into euros applicable for translation of Philips’ financial statements for the periods specified. ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 Exchange rate (based on Philips’ consolidation rate) EUR per USD 1) Dividend yield % is as of December 31 of previous year 2013 - 2017 2) Subject to approval by the Annual General Meeting of Shareholders in 2018 period end average high low 2013 0.7255 0.7527 0.7805 0.7255 Information for investors in New York 2014 0.8227 0.7527 0.8227 0.7201 Registry shares program 2015 0.9151 0.9007 0.9410 0.8796 2016 0.9495 0.9078 0.9495 0.8812 Dividends and distributions per common share 2017 0.8365 0.8821 0.9462 0.8365 The following table sets forth in euros the gross dividends on the common shares in the fiscal years indicated (from prior-year profit distribution) and such amounts as converted into US dollars and paid to holders of shares of the New York Registry: Philips Group Gross dividends on the common shares 2013 - 2017 2013 2014 2015 2016 2017 in EUR 0.75 0.80 0.80 0.80 0.80 in USD 0.98 1.09 0.89 0.90 0.90 Exchange rates USD : EUR The following two tables set forth, for the periods and dates indicated, certain information concerning the exchange rate for US dollars into euros based on the Noon Buying Rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New York (the “Noon Buying Rate”). The Noon Buying Rate on February 9, 2018 was EUR 0.8179 per USD 1. 220 Annual Report 2017.
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