Philips jumps 160 spots on the Forbes 2025 “Canada’s Best Employers” list and gets a top spot in the Healthcare Equipment & Services Category

TORONTO--(BUSINESS WIRE)-- Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the company earned a spot on the Forbes “Canada’s Best Employers 2025” list for the second year in a row. The exclusive ranking is limited to 300 organizations in various industries countrywide, with Philips ranking second in the Healthcare Equipment & Services Category and moving up the list by more than 160 spots from last year.

“This recognition is a celebration of our people, who every day help shape who we are and how we show up as an organization,” said Els Vandecandelaere, Head of People, Philips North America. “Our people bring passion to our purpose of improving lives and define how we deliver impact with care for patients, people and the planet. They are at the center of what makes Philips one of the best places to work and the remarkable commitment of our people is foundational to the company’s success in providing better care for more people.”

More information about the 10^th installment of the ranking and a complete list of companies included are available here. This year’s list was determined by an independent survey of over 40,000 Canada-based employees from all industry sectors, working at companies employing at least 500 people within Canada. Over 900,000 employer evaluations were considered, and the top 300 companies have been awarded.

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.

Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2023 sales of EUR 18.2 billion and employs approximately 69,300 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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Avi Dines

Philips North America

Tel: +1-781-690-3814

Email: avi.dines@philips.com

Source: Royal Philips