Regulatory News:
Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast of its 2023 Annual Meeting of Shareholders on Wednesday, May 3, 2023, at 9:00 a.m. ET. The meeting will be held in a virtual format only, including closed captioning, and can be accessed at www.virtualshareholdermeeting.com/PM2023.
During the meeting, André Calantzopoulos, Executive Chairman of the Board, and Jacek Olczak, Chief Executive Officer, will address shareholders and answer questions. Only shareholders of record with a valid 16-digit control number will be allowed to ask a question or make a comment.
The audio webcast may also be accessed on mobile devices by downloading PMI's free Investor Relations App at www.pmi.com/irapp.
Presentation slides, script, and an archived recording of the webcast will be available at www.virtualshareholdermeeting.com/PM2023. The archived webcast will be available for approximately one year from the date of the meeting.
Philip Morris International: Delivering a Smoke-Free Future
Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company's current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested more than USD 10.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. In November 2022, PMI acquired Swedish Match a leader in oral nicotine delivery creating a global smoke-free champion led by the companies' IQOS and ZYN brands. The U.S. Food and Drug Administration (FDA) has authorized versions of PMI's IQOS Platform 1 devices and consumables and Swedish Match's General snus as Modified Risk Tobacco Products (MRTPs). As of March 31, 2023, PMI's smoke-free products were available for sale in 78 markets, and PMI estimates that approximately 18.5 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 35% of PMI's total 2023 first-quarter net revenues. With a strong foundation and significant expertise in life sciences, PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and, through its Vectura Fertin Pharma business, aims to enhance life through the delivery of seamless health experiences. For more information, please visit www.pmi.com and www.pmiscience.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230427005653/en/
Contacts:
Investor Relations:
Stamford, CT: +1 (203) 904 2410
Lausanne: +41 (0)58 242 4666
Email: InvestorRelations@pmi.com
Media: David Fraser
Lausanne: +41 (0)58 242 4500
Email: David.Fraser@pmi.com
