Koninklijke Philips N.V. Loss Submission Form

Company: Koninklijke Philips N.V.

Ticker: (NYSE) PHG

Deadline

Passed

Lead Plaintiff Deadline: October 15, 2021

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Allegations

(i) Philips had deficient product manufacturing controls or procedures; (ii) as a result, the Company’s Bi-Level PAP and CPAP devices and mechanical ventilators were manufactured using hazardous materials; (iii) accordingly, the Company’s sales revenues from the foregoing products were unsustainable; (iv) the foregoing also subjected the Company to a substantial risk of a product recall, in addition to potential legal and/or regulatory action; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.