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Philips Foundation 2024 Annual Report: expanding access to quality healthcare for 46.5 million people
Philips Foundation 2024 Annual Report: expanding access to quality healthcare for 46.5 million people

Yahoo

time2 days ago

  • Business
  • Yahoo

Philips Foundation 2024 Annual Report: expanding access to quality healthcare for 46.5 million people

2025.06-press-annual-report-2024-01 2025.06-press-annual-report-2024-02 2025.06-press-annual-report-2024-03 2025.06-press-annual-report-2024-04 In 2024, Philips Foundation initiated 22 new projects and 5 new impact investments expanding its impact and reach in innovative healthcare delivery to India and South America Celebrating a decade of impact with strong progress towards the Foundation's 2030 goal to improve access to healthcare for 100 million people in underserved communities a year The combined impact of longstanding strategic collaborations and new innovative partnerships with healthcare ventures affirm the Foundation's approach to locally embedded innovation with flexible financing models to improve healthcare access Amsterdam, the Netherlands – Marking its tenth anniversary, Philips Foundation today released its 2024 Annual Report, highlighting a year in which the Philips Foundation helped provide access to quality healthcare for 46.5 million people around the world – a significant increase from 28 million the year before. This progress was driven by 22 new initiatives and five new early-stage capital impact investments that expanded Philips Foundation's reach, channeling Philips' health technology expertise to help address the growing burden of non-communicable diseases and maternal health challenges, predominantly at the primary care level in underserved communities. 'Today, half of the global population still does not have access to healthcare. Innovation and new digital technologies, combined with an ecosystem of partners, can improve health outcomes and make progress towards a future where quality healthcare is within reach for everyone,' said Marnix van Ginneken, Chair of the Board of the Philips Foundation. 'The Foundation's tenth anniversary marks an important milestone, demonstrating our continued commitment to addressing the critical needs of the world's most vulnerable populations.' Since it was established in 2014, Philips Foundation has brought healthcare solutions to some of the most remote and underserved regions across the globe – from rural clinics in Africa to urban slums in Latin America. These efforts included groundbreaking work to combat neglected diseases such as rheumatic heart disease in collaboration with the World Heart Federation, and cross-continental ultrasound training programs with RAD-AID International, enabling frontline healthcare workers to detect and prevent life-threatening conditions for people living in low-resource settings. Philips Foundation continues to build scalable healthcare models by providing ventures early-stage capital through Philips Foundation Impact Investments, supporting locally driven innovation and accelerating access to healthcare in underserved settings. In 2024, Philips Foundation Impact Investments expanded its portfolio with new ventures from India and Latin America, reinforcing its commitment to financially viable, locally rooted healthcare innovation. 'Combining the impact of long-term strategic collaborations and new, innovative partnerships and early-stage investments, the Foundation has helped to embed healthcare innovations in the communities where they're most needed, improving healthcare access,' Margot Cooijmans, Director of Philips Foundation and Philips Foundation Impact Investments, said. 'We continue to increase the number of people that we reach with quality healthcare, bringing us closer to our ambition to reach 100 million people annually by 2030.' To read the full 2024 Annual Report, click here. For further information, please contact: Yannick EshuijsPhilips Foundation Tel.: +31 6 34829512E-mail: About Philips Foundation Philips Foundation is a registered non-profit organization established in 2014 – with a mission to provide access to quality healthcare for underserved communities across the globe. By leveraging Philips' capabilities and combining them with the experience and expertise of non-governmental organizations and other community-focused and impact-driven enterprises, Philips Foundation helps create innovative pathways to open up affordable healthcare for communities most in need. By also partnering with innovative social entrepreneurs rooted in the local ecosystem, Philips Foundation aims to increase access to healthcare for 100 million people a year by 2030. More information can be found at 2025.06-press-annual-report-2024-01 2025.06-press-annual-report-2024-02 2025.06-press-annual-report-2024-03 2025.06-press-annual-report-2024-04

Philips shareholders approve all proposals at the AGM 2025
Philips shareholders approve all proposals at the AGM 2025

Yahoo

time08-05-2025

  • Business
  • Yahoo

Philips shareholders approve all proposals at the AGM 2025

Philips AGM 2025 Chairman Feike Sijbesma and a member of the Board of Management Marnix van Ginneken during Philips AGM 2025 May 8, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that its shareholders approved all proposals at the Annual General Meeting of Shareholders (AGM) 2025, including: The re-appointment of Ms Indra Nooyi and Ms Chua Sock Koong as members of the Supervisory Board. The appointment of Mr Bob White as a new member of the Supervisory Board. The re-appointment of Mr Marnix van Ginneken as member of the Board of Management. The discharge of the members of the Board of Management, and of the members of the Supervisory Board. A full overview of the resolutions taken at the AGM 2025 can be found below. Feike Sijbesma, Chairman of Philips' Supervisory Board, said: 'On behalf of the Supervisory Board and the Board of Management, I extend our heartfelt thanks to David Pyott for his invaluable counsel over the past decade. We are also delighted to welcome Bob White to the Supervisory Board and are very pleased with the re-appointment of Indra Nooyi and Chua Sock Koong. With our highly knowledgeable and experienced members, our Supervisory Board is well-equipped to advise and support Management as they execute Philips' strategy.' Mr Sijbesma added: 'Together with my colleagues on the Supervisory Board, we extend our congratulations to Marnix van Ginneken on his re-appointment as a member of Philips' Board of Management. With his strong leadership, profound understanding of the company, and his extensive international corporate governance experience, he is a tremendous asset to Philips.' Roy Jakobs, CEO of Royal Philips, said: 'I am very pleased with Bob White's appointment to our Supervisory Board. He is a recognized global business leader with deep expertise in health technology. Philips has benefited greatly from the expertise and contributions of Indra Nooyi and Chua Sock Koong, and we are very happy with their re-appointment. Our CFO Charlotte Hanneman and I look forward to continued successful collaboration with Marnix van Ginneken who has been instrumental to Philips, as we strive to improve health and well-being of people through meaningful innovation.' All resolutions taken at the AGM 2025: Agenda item Resolution 3 Annual Report 2024 Adoption of the financial statements 2024 Adoption of a dividend of EUR 0.85 per common share, in shares or (subject to certain conditions) in cash, against retained earnings Positive advisory vote on the approval of the Remuneration Report 2024 Discharge of the members of the Board of Management Discharge of the members of the Supervisory Board 4 Composition of the Board of Management Appointment of Mr Van Ginneken as member of the Board of Management with effect from May 8, 2025 5 Composition of the Supervisory Board Re-appointment of Ms Chua as member of the Supervisory Board with effect from May 8, 2025 Re-appointment of Ms Nooyi as member of the Supervisory Board with effect from May 8, 2025 Appointment of Mr White as member of the Supervisory Board with effect from May 8, 2025 6 Authorization of the Board of Management to issue shares or grant rights to acquire shares and restrict or exclude pre-emption rights 7 Authorization of the Board of Management to acquire shares in the company 8 Cancellation of shares Further details about the dividend can be found via this link, and additional information on the composition of the Board of Management, the Executive Committee and the Supervisory Board can be found here. Philips' 2024 financial statements are included in its Annual Report 2024 that was published on February 21, more information about Philips' AGM 2025, please click on this link. For further information, please contact: Michael FuchsPhilips Global External RelationsTel.: +31 614869261E-mail: media@ Dorin DanuPhilips Investor RelationsTel.: +31 20 59 77055E-mail: About Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,200 employees with sales and services in more than 100 countries. News about Philips can be found at Attachments Philips AGM 2025 Chairman Feike Sijbesma and a member of the Board of Management Marnix van Ginneken during Philips AGM 2025Sign in to access your portfolio

Philips shareholders approve all proposals at the AGM 2025
Philips shareholders approve all proposals at the AGM 2025

Yahoo

time08-05-2025

  • Business
  • Yahoo

Philips shareholders approve all proposals at the AGM 2025

Philips AGM 2025 Chairman Feike Sijbesma and a member of the Board of Management Marnix van Ginneken during Philips AGM 2025 May 8, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that its shareholders approved all proposals at the Annual General Meeting of Shareholders (AGM) 2025, including: The re-appointment of Ms Indra Nooyi and Ms Chua Sock Koong as members of the Supervisory Board. The appointment of Mr Bob White as a new member of the Supervisory Board. The re-appointment of Mr Marnix van Ginneken as member of the Board of Management. The discharge of the members of the Board of Management, and of the members of the Supervisory Board. A full overview of the resolutions taken at the AGM 2025 can be found below. Feike Sijbesma, Chairman of Philips' Supervisory Board, said: 'On behalf of the Supervisory Board and the Board of Management, I extend our heartfelt thanks to David Pyott for his invaluable counsel over the past decade. We are also delighted to welcome Bob White to the Supervisory Board and are very pleased with the re-appointment of Indra Nooyi and Chua Sock Koong. With our highly knowledgeable and experienced members, our Supervisory Board is well-equipped to advise and support Management as they execute Philips' strategy.' Mr Sijbesma added: 'Together with my colleagues on the Supervisory Board, we extend our congratulations to Marnix van Ginneken on his re-appointment as a member of Philips' Board of Management. With his strong leadership, profound understanding of the company, and his extensive international corporate governance experience, he is a tremendous asset to Philips.' Roy Jakobs, CEO of Royal Philips, said: 'I am very pleased with Bob White's appointment to our Supervisory Board. He is a recognized global business leader with deep expertise in health technology. Philips has benefited greatly from the expertise and contributions of Indra Nooyi and Chua Sock Koong, and we are very happy with their re-appointment. Our CFO Charlotte Hanneman and I look forward to continued successful collaboration with Marnix van Ginneken who has been instrumental to Philips, as we strive to improve health and well-being of people through meaningful innovation.' All resolutions taken at the AGM 2025: Agenda item Resolution 3 Annual Report 2024 Adoption of the financial statements 2024 Adoption of a dividend of EUR 0.85 per common share, in shares or (subject to certain conditions) in cash, against retained earnings Positive advisory vote on the approval of the Remuneration Report 2024 Discharge of the members of the Board of Management Discharge of the members of the Supervisory Board 4 Composition of the Board of Management Appointment of Mr Van Ginneken as member of the Board of Management with effect from May 8, 2025 5 Composition of the Supervisory Board Re-appointment of Ms Chua as member of the Supervisory Board with effect from May 8, 2025 Re-appointment of Ms Nooyi as member of the Supervisory Board with effect from May 8, 2025 Appointment of Mr White as member of the Supervisory Board with effect from May 8, 2025 6 Authorization of the Board of Management to issue shares or grant rights to acquire shares and restrict or exclude pre-emption rights 7 Authorization of the Board of Management to acquire shares in the company 8 Cancellation of shares Further details about the dividend can be found via this link, and additional information on the composition of the Board of Management, the Executive Committee and the Supervisory Board can be found here. Philips' 2024 financial statements are included in its Annual Report 2024 that was published on February 21, more information about Philips' AGM 2025, please click on this link. For further information, please contact: Michael FuchsPhilips Global External RelationsTel.: +31 614869261E-mail: media@ Dorin DanuPhilips Investor RelationsTel.: +31 20 59 77055E-mail: About Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,200 employees with sales and services in more than 100 countries. News about Philips can be found at Attachments Philips AGM 2025 Chairman Feike Sijbesma and a member of the Board of Management Marnix van Ginneken during Philips AGM 2025

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