Signify NV

For all of the associations in which we are members, in alignment with our internal Public & Government Affairs quality policies, we commit to regularly review their public engagements on issues like energy efficiency, climate policy, and the global energy transition, to identify and take action on any potential misalignment with our own advocacy in favor of global climate action. [...] Through our involvement in these groups, we work collaboratively with other industry leaders, policymakers, and experts to develop and promote sustainable lighting solutions and advocate for policies and regulations that support our purpose: to unlock the extraordinary potential of light for brighter lives and a better world.

###### 3.2 Lobbying and trade associations

To promote policy change, we work closely with governments, cities and other businesses, as well as policymakers and experts. We are also members of trade associations and other organizations supporting the green energy transition, including the Corporate Leaders Group Europe, The Climate Group, the European Alliance to Save Energy and the World Green Building Council.

Signify is also a signatory to the We Mean Business Coalition's letter to Heads of State, which urged the phase out of fossil fuels, as well as separate letters from the Climate Group and the European Alliance to Save Energy calling for the EU Commission to set an emissions reduction target of at least 90% by 2040.

In addition, we have adopted a Responsible Advocacy Policy, setting out clear ground rules for our advocacy work. Under this policy, we do not make contributions to political parties or candidates. As a global leader in lighting, we must remain politically neutral and impartial.

For those associations where we are members, we commit to regularly review their public engagements on issues such as energy efficiency, climate policy and the global energy transition to ensure alignment with our own position on climate action.

##### Governance

###### Supervisory Board
Signify's highest governance body reviews our strategy to combat climate change, acknowledging the strategic risks and opportunities.

###### Board of Management (BoM)

The BoM governs climate-related risks and opportunities. It consists of our Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Commercial Officer (CCO). Every quarter, Signify's BoM reviews climate-related issues of strategic importance together with our Chief Strategy and Sustainability Officer (CSSO), including action plans, risk management, sustainability budget, and investment in climate-related opportunities. The BoM guides the performance and oversees the progress against targets and commitments set out in our sustainability program, including the ones addressing climate-related issues. Signify's BoM is responsible for the overall risk management associated with the company's activities. It is assisted by the company leadership team, which participates on a quarterly basis in audit risk and control meetings organized by the Risk Committee, to identify critical risks and review progress on the implementation of risk responses, including climate-related risks. Because of the importance of sustainability to our long-term value creation, the vesting of 25% of the annual long-term incentive grant is dependent on how well Signify performs on its sustainability targets, including the target related to climate action.

###### Chief Strategy and Sustainability Officer (CSSO)
Signify's CSSO reviews climate-related issues of strategic importance together with our BoM including action plans, risk management, sustainability budget, and investment in climate-related opportunities. Further, the CSSO oversees a multi-discipline climate risk assessment taskforce team.

###### Climate risk assessment taskforce

The Taskforce consists of experts in Operations, Insurance, Risk Committee, Internal Audit, Sustainability, and Environment, Health & Safety. The Taskforce is responsible for continuously evaluating the company's short-term and long-term climate-related risks and opportunities. As part of Signify's integral risk management and business control, this contributes to maximizing climate-related opportunities and improving our resilience to climate change.

###### Climate action in the business

Climate action targets and programs are embedded in our organization and ways of working. Examples of departments that implement sustainability programs include sales, innovation, manufacturing, sourcing, and logistics. Climate action targets are set both at a corporate level and division level and are monitored by the sustainability function. The sustainability function consists of global and regional sustainability professionals and falls under the responsibility of the CSSO.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]These direct and indirect engagement activities are managed in a central manner by Signify's Sustainability team, and supervised by our Board of Management. This approach is applied to all business units worldwide. Signify's Sustainability team is responsible for overall corporate climate change footprint program as it works as a central contact center for climate change related issues and questions. To ensure consistent messaging on our Brighter Lives Better World commitments (especially our commitment to doubling the pace of Paris Agreement to reduce emissions over our entire value chain) to all stakeholders and business units are briefed and always fully informed of our Climate Action program and progress during monthly or quarterly meetings that take place between our Sustainability team and other departments of Signify engaged in direct or indirect activities.

Established in 2009, our dedicated Public and Governmental Affairs team defines and steers our climate change strategy and stakeholder engagement activities with key public-private sector leaders including government, non-governmental institutions, industry associations, industry partners, influencers and opinion formers. As mentioned, Signify engages directly with policy makers, holds key positions in several associations.

Furthermore, Signify has an active "Connect to Markets" program which seeks to inform on a monthly basis our global sustainability and P&GA network, including our staff responsible for engagement with local policy makers, about our corporate climate change strategy and updates on progress towards achieving our targets.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes