Koninklijke Philips NV Annual Shareholders Meeting Transcript
Ladies and gentlemen, welcome. I am pleased to open the General Meeting of Shareholders of Koninklijke Philips N.V. Our annual meeting is an important moment for us at which you, our shareholders show your deep commitment and involvement in this firm. And we definitely appreciate this commitment and involvement. As customary at Philips, the official language is the Netherlands, but some speeches will be delivered in English. In addition, the questions submitted in advance have been drafted in English and will be answered in English as well.
Understandably, you can listen to Dutch or English translation via our webcast. We are happy that the corona restrictions have now largely been lifted. The coronavirus turned out to be difficult to predict, however. And when we convene this meeting, we did not know where we would stand at that date. That's why we have opted for this virtual arrangement, although we explicitly prefer conducting these meetings live. Hybrid has pros and cons as well. So that's why we have opted
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