Commentary & Deal Flow

Price Talk: 7NC3: 5.75-6.00%

IPTs: 7NC3: 6.00-6.25%

• Issuer: Versuni Group B.V. (fka Philips Domestic Appliances)
• Ticker: PHIDOM
• Size: €650m
• Format: 144A/Reg S No Reg Rights
• Security: Senior Secured Notes
• Tenor: 7y
• Issue Ratings: B2 / B (stable/stable) (Moody's / S&P)
• Optional Redemption: NC3 (MWC B+50bp)
• • From 2029: 100 + 50% of coupon
  • From 2030: 100 + 25% of coupon
  • From 2031: 100
  • Eqity claw: 3y 40%
  • Special call: 10% per year the 1st 3 years at 103
• Change of Control: 101
• Denominations: 100kx1k
• Listing: The International Stock Exchange
• Law: New York
• Joint Global Coordinators and Physical Bookrunners: Deutsche Bank (B&D), HSBC, JP Morgan
• Joint Bookrunners: BofA Securities, BNP PARIBAS, Citigroup, Goldman Sachs Bank Europe SE, ING, Standard Chartered Bank AG
• UOP: Alongside the €1,025m TLB, will refinance the existing EUR650m 3.125% Senior Secured Notes due 15-June-28 (callable at 100.781) and TLB.
• Biz: A leading global business in the designing, manufacturing and distribution of Small Domestic Appliances (formerly Philips Consumer Lifestyle).
• HQ: Amsterdam, Netherlands
• Equity sponsor: Hillhouse Investments
  Marketing:
• Investor Call: 16-June-2026 at 2:00pm UKT / 3:00pm CET. Operator Assisted Dial-In: 

United Kingdom (Local): +44 20 3936 2999

United Kingdom (Toll-Free): +44 808 189 0158

Access Code:917964

https://www.netroadshow.com/events/login/1PeTHmojFBfu7LWdehhZSlz1NPXvu0UjyRs2R

• Electronic Roadshow: www.netroadshow.com/nrs/home/#!/?show=ea62c3c7
  Entry code: PHIDOM26
• Timing: Books close today, 12:00pm UKT / 1:00pm CET. Pricing expected 18-Jun-26.
• Target Market: The manufacturer target market (MiFIR and MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).No PRIIPs KID as not available to retail in EEA or the UK.