MDLZ Filings — Mondelez International, Inc. - FilingSpy
MDLZ
Mondelez International, Inc.
A maker of snack brands sold in more than 150 countries, including Oreo, Ritz, Cadbury Dairy Milk, Milka, and Toblerone. The company was born in 2012 when Kraft Foods split in two; its global snacks business took the coined name Mondelēz, blending the Latin word for "world" with a play on "delicious."
Mondelēz shareholders elect 10 directors and reject two shareholder proposals at 2026 annual meeting
At the May 20, 2026 annual meeting, 1,146,124,295 shares (89.3% of outstanding Class A Common Stock) were represented.
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All 10 director nominees were elected to one-year terms, with Dirk Van de Put receiving the lowest support (988,320,371 for, 48,198,717 against).
Shareholders approved advisory say-on-pay for named executive officer compensation (990,330,206 for, 43,420,217 against).
PricewaterhouseCoopers LLP was ratified as independent auditor for fiscal 2026 (1,083,957,147 for, 59,350,643 against).
A shareholder proposal on plastic packaging policy reporting failed (16,578,062 for) and a proposal for an independent board chairman policy also failed (321,607,861 for).
5.07 Submission of Matters to a Vote of Security Holders
Mondelēz Q1 2026 net revenues up 8.2%, diluted EPS up 41.9% to $0.44
Q1 2026 net revenues were $10,080 million, up 8.2% year-over-year; organic net revenue growth was 3.0%.
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Diluted EPS was $0.44, up 41.9%; adjusted EPS was $0.67, down 14.9% on a constant currency basis.
Gross profit margin increased 170 basis points to 27.8%; operating income margin increased 70 basis points to 8.0%.
Cash provided by operating activities was $0.5 billion; free cash flow was $0.2 billion; return of capital to shareholders was $0.6 billion.
For 2026, the company reaffirmed organic net revenue growth of flat to 2% and adjusted EPS growth of flat to 5% on a constant currency basis, with free cash flow of approximately $3 billion.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Mondelēz enters new $1.5B 364-day credit facility, terminates prior agreement
On February 18, 2026, Mondelēz International entered a 364-day senior unsecured revolving credit facility with an aggregate principal amount of $1.5 billion.
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The facility, with JPMorgan Chase Bank as administrative agent, terminates on February 17, 2027, with an option to extend outstanding loans to February 17, 2028.
Mondelēz may request an increase of up to $500 million in commitments, subject to lender agreement.
The new facility replaced and terminated the prior $1.5 billion 364-day credit agreement dated February 19, 2025.
Proceeds are expected to be used for general corporate purposes, including working capital and commercial paper program support.
1.01 Entry into a Material Definitive Agreement · 1.02 Termination of a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
Mondelēz Q4/FY 2025: FY net revenues +5.8%, adjusted EPS $2.92, FY'26 outlook flat to 2% organic growth
FY 2025 diluted EPS fell 44.7% to $1.89; adjusted EPS was $2.92, down 14.6% on a constant currency basis.
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FY 2025 net revenues rose 5.8% to $38,537 million, with organic net revenue growth of 4.3% and volume/mix down 3.7%.
Q4 2025 net revenues increased 9.3% to $10,496 million; organic net revenue growth was 5.1%.
FY 2025 cash from operations was $4.5 billion, free cash flow $3.2 billion, and $4.9 billion returned to shareholders.
For 2026, the company expects organic net revenue growth of flat to 2% and adjusted EPS growth of flat to 5% on a constant currency basis, with free cash flow of approximately $3 billion.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Mondelēz appoints Luca Zaramella COO, effective Feb 1, 2026, while retaining CFO role
Luca Zaramella appointed Chief Operating Officer effective February 1, 2026, in addition to his current role as Executive Vice President and Chief Financial Officer.
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As COO, Zaramella will oversee commercial operations in four geographical regions plus corporate sales, marketing, and supply chain functions.
He will continue to report directly to Chair and CEO Dirk Van de Put; a search for a CFO successor is underway.
2026 compensation approved: base salary $1,250,000, target annual incentive 150% of base salary, and long-term incentive target value $7,225,000.
Zaramella has been CFO since August 2018 and joined the company in 1996; no family relationships or reportable related-party transactions were noted.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits