Gender Pay Gap - Employer Statement
Philip Morris is committed to creating a work environment that harnesses the diversity of our collective talents andexperiences. Equal pay for equal work is a baseline standard for equality. It is important for all employees to be paid
equally for equal work regardless of gender.
At Philip Morris we believe in a diverse and inclusive workplace, where all voices are heard and valued. This helps tofoster innovation, drives better decision-making and ultimately leads to our long-term success.
Workplace Gender Equality Agency
Data collected by the Australian Government’s Workplace Gender Equality Agency (WGEA) demonstrates Philip
Morris’ leadership in this area. Gender Pay Gap (GPG) is the difference in average earnings between women andmen in the workforce. The GPG median total remuneration is at -1.4% compared to the industry at 4.4%. A positive
percentage indicates men are paid more on average than women in an organisation based on the measurement
criteria. A negative percentage indicates women are paid more on average than men. In the 2022-23 financial year,
median salaries for women at Philip Morris were 1.4% higher than their male counterparts.
Equal Salary Foundation Certification
Philip Morris’ certification by the independent Equal Salary Foundation is a further demonstration of ourcommitment to diversity in the workplace. The Equal Salary Certification independently verifies whetherorganisations have policies and practices that ensure men and women are paid equally for equal work. Thecertification was awarded after all markets were subjected to an extensive evaluation process. The Equal SalaryFoundation’s auditor, PricewaterhouseCoopers (PWC), undertook a rigorous statistical analysis of employee salaries,
interviewed management on their commitment to gender equality, conducted focus groups with employees, andreviewed internal Human Resources policies in place to mitigate risk of bias.
Bloomberg Gender-Equality Index 2023
Philip Morris has also been included for the third year in a row in the Bloomberg 2023 Gender Equality Index (GEI)
recognising the company’s commitment to advancing gender equity. We have been recognised for our progress inadvancing gender equity and transparency in gender reporting. To be among the many companies who scored at orabove the global threshold established by Bloomberg across the framework’s five pillars (female leadership andtalent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-womenbrand) is a proud achievement for Philip Morris and its employees.
Continuing Progress
At Philip Morris, we see diversity as our greatest strength, and we are committed to building an inclusive culture andworkplace to ensure a sustainably equitable environment where our employees can reach their full potential. Our
approach is holistic, and includes development for our leaders, implementation of programs to support
underrepresented groups, and fostering a culture of speaking up in order to continually fuel the dialogue ondiversity, equity and inclusion and to create and maintain a work environment where everyone is seen, heard, andrecognized.

Brett Taylor
Managing Director
Philip Morris Limited
PHILIP MORRIS LIMITED
L5, 30 CONVENTION CENTRE PLACE, SOUTH WHARF, VIC 3006, AUSTRALIA
T +61 3 8531 1000 ABN 65 004 694 428