Philips Named One of the 2013 Best Places to Work for Recent Grads

  Philips Named One of the 2013 Best Places to Work for Recent Grads

Company earns top marks for culture, career opportunities, benefits and
work/life balance

Business Wire

ANDOVER, Mass. -- May 14, 2013

Philips North America today announced it has been named one of the “Best
Places to Work for Recent Grads” by Experience, a ConnectEDU company. Philips
was named to the list out of a field of 300 companies because it excels at
fulfilling the priorities recent graduates have when selecting a place to
work, such as career advancement opportunities, culture, benefits and
work/life balance.

“Today’s top graduates expect more from their careers than just a paycheck,”
said Russell Schramm, Head of Talent Acquisition, Philips North America.
“Philips empowers new grads to build a personally meaningful career by
encouraging them to take the experiences and interests that motivate them in
their daily lives and apply them professionally. This results in energized,
committed new employees focused on delivering innovations that truly matter to
peoples’ lives and overall health and well-being.”

Philips offers its workforce the chance to build a rewarding career and
explore job opportunities across a diverse, global organization, with
competitive compensation and employee benefits that support the company’s
focus on health and well-being. Recent college hires applaud the company’s
innovative culture focused on addressing customers’ needs; flexible work
arrangements and attendance policies, including time off to participate in the
Philips Cares employee volunteer program; and benefits such as up to $10,000
for tuition reimbursement per year, free access to learning and development
programs, and fitness reimbursements to encourage health and well-being. In
addition, Philips offers mobility across 100 countries and three business
sectors, trainee and rotation programs, and a structured program to support
career development.

“I’ve always had a passion for creativity, particularly in fashion,” said
Alissa Imbriaco, a recent college hire and a field marketing specialist for
Philips Lighting. “Philips has given me the opportunity to explore that
passion while launching a successful career, as a key contributor to
merchandise lighting projects that help improve energy efficient lighting
solutions around the world. I am grateful that my academic-to-workplace
transition has been a smooth one, and it is largely because my employer has
helped enable my well-being and provided opportunities that I never thought I
would have at such an early stage of my career.”

The winning companies were selected by comparing employer survey responses to
research on what recent grads prioritize when selecting a place to work. The
selection criteria for 2013 included career advancement opportunities,
culture, benefits (such as salary and perks), and work/life balance. The
survey ran from February 2013 through April 2013, garnering responses from
more than 300 employers from across the country.

Philips encourages talented professionals from all backgrounds and experience
levels to search and apply for jobs of interest at www.philips.com/na/careers
or receive career tips and company news by following the company
@PhilipsJobsNA.

About Royal Philips Electronics

Royal Philips Electronics (NYSE: PHG, AEX: PHIA) is a diversified health and
well-being company, focused on improving people’s lives through meaningful
innovation in the areas of Healthcare, Consumer Lifestyle and Lighting.
Headquartered in the Netherlands, Philips posted 2012 sales of EUR 24.8
billion and employs approximately 116,000 employees with sales and services in
more than 100 countries. The company is a leader in cardiac care, acute care
and home healthcare, energy efficient lighting solutions and new lighting
applications, as well as male shaving and grooming and oral healthcare. News
from Philips is located at www.philips.com/newscenter.

About Experience, a ConnectEDU Company:

Experience is the largest university-endorsed career network bridging the gap
between college and the working world. Since 1996, we have partnered with
universities to educate, assist and inspire college graduates to launch and
lead extraordinary careers. Each year our award-winning network connects
millions of candidates from 3,800 colleges and universities with more than
130,000 employers.

ConnectEDU acquired Experience in 2011.

About ConnectEDU (www.connectedu.com)

ConnectEDU is a privately held technology company, committed to preparing and
transitioning 21st Century Learners on their pathways from school to college
to career, helping them realize their potential, achieve a secure financial
future, and ultimately connect to life's possibilities. ConnectEDU was created
in 2002, and today serves more than 20 million registered learners, 5,000
educational institutions, and 130,000 employers throughout 40 countries.

Contact:

Philips North America
Amy Shanler, 978-659-4463
Amy.shanler@philips.com