PM

• Philip Morris International announced a contract manufacturing arrangement for combustible cigarettes with Philip Morris USA, an Altria operating company, through PMI's non-U.S. affiliates.
• PMI does not expect a material impact on its 2026 financials from the arrangement.
• PMI has not commercialized combustible cigarettes in the U.S. and has no plans to do so; the arrangement will not change that.
• PMI and Altria will continue to operate independently, maintaining responsibility for their own commercialization, distribution, and regulatory activities.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Reported diluted EPS fell 7.7% to $1.80, hit by a $511 million non-cash impairment of the RBH equity investment.
• Adjusted diluted EPS grew 15.2% to $2.20, or 13.6% excluding a 3-cent favorable currency impact.
• Smoke-free products accounted for about 42% of total net revenues, with IQOS HTU shipment volumes up 7.6%.
• Full-year 2026 adjusted diluted EPS forecast raised to $8.26-$8.41, up 9.5%-11.5% (7.5%-9.5% excluding currency).

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Massimo Andolina, current President Europe Region, will become Group Chief Financial Officer, replacing Emmanuel Babeau, effective August 1, 2026.
• On July 6, 2026, Babeau entered into a Separation Agreement with PMI Management Sàrl, providing continued base salary of CHF 1,260,012 (~$1,563,423) and eligibility for 2026 annual cash incentive (target 125% of base salary).
• Babeau will receive the RSU portion (40% of total) of his 2027 equity award, but not the performance share unit portion, subject to Board approval and continued employment.
• The agreement includes a lump sum severance of CHF 1,260,012, CHF 393,754 in lieu of pro-rated 2027 incentive, full vesting of outstanding equity, a 24-month non-compete, and customary confidentiality/non-disparagement provisions.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits

• The term loan facility is dated June 23, 2022, with Citibank Europe PLC, UK Branch as facility agent.
• After the prepayment, €1.5 billion (approximately $1.7 billion) remains outstanding under the 5-year tranche.
• The remaining borrowings mature on June 23, 2027.
• The event was reported under Item 8.01 (Other Events) as a voluntary debt prepayment.

8.01 Other Events

• On June 11, 2026, Philip Morris International Inc.'s Board of Directors declared a regular quarterly dividend of $1.47 per common share.
• The dividend is payable on July 20, 2026, to shareholders of record as of June 25, 2026; the ex-dividend date is also June 25, 2026.
• The information in the report is furnished, not filed, and is not incorporated by reference into other SEC filings.
• The press release also highlights PMI's smoke-free product portfolio, including IQOS and ZYN, and notes the smoke-free business accounted for 43% of Q1 2026 net revenues.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• PMI updated its 2026 full-year reported diluted EPS forecast to $7.18-$7.33, reflecting currency and a non-cash impairment of its RBH investment.
• PMI expects to record a non-cash impairment charge of approximately $500 million (33 cents per diluted EPS) on its RBH investment in Q2 2026.
• PMI launched ZYN ULTRA in 9mg and 11mg moist variants in a 20-pouch can, at a lower list price-per-pouch than the flagship dry ZYN portfolio.
• Group CEO Jacek Olczak presented at the 2026 dbAccess Global Consumer Conference on June 2, 2026.
• The forecast change includes an unfavorable currency impact of $0.20 per share, with Q2 adjusted diluted EPS forecast of $1.97-$2.02.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Emmanuel Babeau will stay as Strategic Advisor to Group CEO Jacek Olczak through March 31, 2027, to assist with the transition.
• Andolina joined PMI in 2008 and has held roles including Senior Vice President, Operations (2018-2023) and President, Europe Region since January 2023.
• Babeau's separation is treated as a unilateral termination under his Employment Agreement, entitling him to post-employment payments for termination without cause.
• Andolina's compensation as Group CFO has not yet been determined.

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

• All 10 director nominees were elected, including Brant Bonin Bough, André Calantzopoulos, and Jacek Olczak.
• Advisory vote on executive compensation passed with 1,058,797,023 votes for and 45,216,691 against.
• Ratification of PricewaterhouseCoopers SA as independent auditors for fiscal 2026 approved (1,251,525,309 for).
• Shareholder proposal on filter cleanup costs and EPR laws defeated (51,045,096 for, 1,044,989,103 against).

5.07 Submission of Matters to a Vote of Security Holders