Signify Investor Presentation — July 2021

Document content

July 23, 2021Important information

Forward -looking statements

This release contains forward -looking statements that reflect theintentions, beliefs orcurrent expectations and projections ofSignify, including statements regarding strategy, estimates ofsales growth and future operational results .

Bytheir nature, these statements involve risks and uncertainties facing Signify, and anumber ofimportant factors could cause actual results oroutcomes todiffer materially from those expressed orimplied inany forward -looking

statement asaresult ofrisks and uncertainties .Such risks, uncertainties and other important factors include butarenotlimited to:adverse economic and political developments, theimpacts ofCOVID -19,technological change,

competition inthegeneral lighting market, development oflighting systems and services, successful implementation ofcost-savings initiatives and business transformation programs, impact ofacquisitions and other transactions,

reputational and adverse effects onbusiness due toactivities inEnvironment, Health &Safety, compliance risks, ability toattract and retain talented personnel, adverse currency effects, pension liabilities, and exposure to

international taxlaws .

Looking ahead tothesecond half of2021 ,theGroup's key concerns areabout both thesupply chain constraints and shortage ofcertain components, and theuncertainties related totheCOVID -19pandemic intheglobal and

domestic markets inwhich itoperates .The main challenge remains thevisibility onhow quickly thegeneral lighting market may recover to(pre-COVID -19)2019 levels .This isrelevant totheGroup asalarge part ofitsbusiness

relates totheprofessional market which hasbeen, and continues tobe,significantly impacted bygovernment lockdowns .Signify undertakes noduty toand willnotnecessarily update any oftheforward -looking statements inlight

ofnew information orfuture events, except totheextent required byapplicable law.

Market and Industry Information

All references to market share, market data, industry statistics and industry forecasts in this document consist of estimates compiled by industry professionals, competitors, organizations or analysts, of publicly available information

or of the Group’s own assessment of its sales and markets. Rankings are based on sales unless otherwise stated.

Non -IFRS Financial Statements

Certain parts of this document contain non -IFRS financial measures and ratios, such as comparable sales growth, adjusted gross m argin, EBITA, adjusted EBITA, EBITDA, adjusted EBITDA and free cash flow, and other related ratios,

which are not recognized measures of financial performance or liquidity under IFRS. The non -IFRS financial measures presented ar e measures used by management to monitor the underlying performance of the Group’s business