Signify share repurchase periodic update

Press Release

August 24, 2020

Signify share repurchase periodic update

Eindhoven, the Netherlands – (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 358,680 shares in the period August 17 to August 21, 2020. The shares were repurchased at an average price of EUR 28.17 per share and an aggregate amount of EUR 10.1 million.

These repurchases were made as part of the company’s repurchase program, which was announced on . Signify will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. The total number of shares repurchased under this program to date is 729,428 shares for a total consideration of EUR 19.9 million.

Details on the share buyback transactions can be found .

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For further information, please contact:

Signify Investor Relations

Rogier Dierckx

Tel:

E-mail:

Signify Corporate Communications

Elco van Groningen

Tel:

E-mail:

About Signify

(Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our products, connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 36,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been named in the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the , , and . Information for investors can be found on the page.

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