# EDGAR Filing Document

**Accession Number:** 0001413329
**File Stem:** 0001628280-26-017497
**Filing Date:** 2026-3
**Character Count:** 333352
**Document Hash:** 2b5b1bd9d4a375156c17b83b8e0bcef1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-017497.hdr.sgml**: 20260313

**ACCESSION NUMBER**: 0001628280-26-017497

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260313

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260313

**DATE AS OF CHANGE**: 20260313

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Philip Morris International Inc.
- **CENTRAL INDEX KEY:** 0001413329
- **STANDARD INDUSTRIAL CLASSIFICATION:** CIGARETTES [2111]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 133435103
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33708
- **FILM NUMBER:** 26750067

**BUSINESS ADDRESS:**
- **STREET 1:** 677 WASHINGTON BLVD, STE. 1100
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 203-905-2410

**MAIL ADDRESS:**
- **STREET 1:** 677 WASHINGTON BLVD, STE. 1100
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901

?xml version='1.0' encoding='ASCII'? pm-20260313

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of**

**The Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): March 13, 2026** 

**Philip Morris International Inc.** 

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Virginia** | **1-33708** | **13-3435103** |
| **(State or other jurisdiction**<br>**of incorporation)** | **(Commission File Number)** | **(I.R.S. Employer**<br>**Identification No.)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **677 Washington Blvd, Ste. 1100** | **Stamford** | **Connecticut** | **06901** |
| **(Address of principal executive offices)** | **(Address of principal executive offices)** | **(Address of principal executive offices)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Zip Code)** |

---

**Registrant's telephone number, including area code: (203) 905-2410** 

**(Former name or former address, if changed since last report.)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

------

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered <br> Common Stock, no par value PM New York Stock Exchange

---

| | | |
|:---|:---|:---|
| 0.125% Notes due 2026 | PM26B | New York Stock Exchange |
| 3.125% Notes due 2027 | PM27 | New York Stock Exchange |
| 3.125% Notes due 2028 | PM28 | New York Stock Exchange |
| 2.875% Notes due 2029 | PM29 | New York Stock Exchange |
| 3.375% Notes due 2029 | PM29A | New York Stock Exchange |
| 2.750% Notes due 2029 | PM29D | New York Stock Exchange |
| 3.750% Notes due 2031 | PM31B | New York Stock Exchange |
| 0.800% Notes due 2031 | PM31 | New York Stock Exchange |
| 3.250% Notes due 2032 | PM32 | New York Stock Exchange |
| 3.125% Notes due 2033 | PM33 | New York Stock Exchange |
| 2.000% Notes due 2036 | PM36 | New York Stock Exchange |
| 1.875% Notes due 2037 | PM37A | New York Stock Exchange |
| 6.375% Notes due 2038 | PM38 | New York Stock Exchange |
| 1.450% Notes due 2039 | PM39 | New York Stock Exchange |
| 4.375% Notes due 2041 | PM41 | New York Stock Exchange |
| 4.500% Notes due 2042 | PM42 | New York Stock Exchange |
| 3.875% Notes due 2042 | PM42A | New York Stock Exchange |
| 4.125% Notes due 2043 | PM43 | New York Stock Exchange |
| 4.875% Notes due 2043 | PM43A | New York Stock Exchange |
| 4.250% Notes due 2044 | PM44 | New York Stock Exchange |

---

------

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Item 7.01.** | &nbsp;&nbsp;&nbsp;**Regulation FD Disclosure.** |

---

As previously reported in the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on November 4, 2025, as well as in the Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "2025 Form 10-K"), filed with the U.S. Securities and Exchange Commission on February 6, 2026 by Philip Morris International Inc. (the "Company" or "PMI"), PMI has implemented an evolved organizational model with two primary business units: International and U.S. The updated organizational structure is designed to enhance our agility and to support our journey to become a smoke-free company. This change was implemented effective January 1, 2026, and as a result we realigned our reportable segments accordingly. The four previously reported geographic segments have been replaced with three new reportable segments:

• International Smoke-Free;

• International Combustibles; and

• U.S.

On March 13, 2026, the Company posted on its website certain recast historical shipment volume and financial information that reflects the change in reporting segments described above.

The unaudited recast historical shipment volume and financial information is being furnished solely to aid investors by providing supplemental information, has no impact on the Company's previously reported consolidated financial position or results of operations, and does not represent a restatement of the Company's previously issued consolidated financial statements that were included in the 2025 Form 10-K. The Company's consolidated statement of earnings will include a new caption for "Corporate expenses and other," which includes foreign currency gains/losses and compensation expense related to restricted share units and performance share units awards, which were reclassified from "Cost of sales" and "Marketing, Administration and Research" costs. The Company's 2025 and 2024 quarterly and annual recast shipment volume and financial information, previously presented in earnings releases for the same periods, as well as other financial information, is furnished herewith as Exhibit 99.1 and is incorporated in this Item 7.01 by reference. The Company's 2024 and 2023 recast shipment volume and financial information, previously presented in earnings releases for the same periods, as well as other financial information, is furnished herewith as Exhibit 99.2 and is incorporated in this Item 7.01 by reference. As presented in Exhibits 99.1 and 99.2 to this Form 8-K, shipment volumes and financial information for PMI on a consolidated basis do not differ from previously disclosed results, other than the reclassifications described above.

Key terms, definitions and explanatory notes, as well as reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are set forth on Exhibits 99.1 and 99.2.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 hereto, is incorporated by reference herein and is being "furnished" to the Securities and Exchange Commission and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such filing or document.

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Item 9.01.** | **Financial Statements and Exhibits.** |

---

(d) <u>Exhibits.</u>

99.1 <u>[Recast Shipment Volume and Unaudited Financial Information - 2025 vs. 2024 (furnished pursuant to Item 7.01)](ex991recastschedules_2025v.htm)</u>.

99.2 <u>[Recast Shipment Volume and Unaudited Financial Information - 2024 vs. 2023 (furnished pursuant to Item 7.01)](ex992recastschedules_2024v.htm)</u>.

104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document and contained in Exhibit 101)

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| PHILIP MORRIS INTERNATIONAL INC. | PHILIP MORRIS INTERNATIONAL INC. |
| By: | <u>/s/ EMMANUEL BABEAU</u> |
| Name: | Emmanuel Babeau |
| Title: | Group Chief Financial Officer |

---

Date: March 13, 2026

## Exhibit 99.1

Exhibit 99.1

**Recast Shipment Volume and**

**Unaudited Financial Information**

2025 vs. 2024

------

PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries

**Key Terms, Definitions and Explanatory Notes**

---

| | |
|:---|:---|
| **<u>General</u>**<br>• "PMI" refers to Philip Morris International Inc. and its subsidiaries. Trademarks and service marks that are the registered property of, or licensed by, the subsidiaries of PMI, are italicized.<br>• With our smoke-free business now operating at scale across our regions, including substantial growth from our U.S. business, PMI has implemented an evolved organizational model with two primary business units: International and U.S. This change was implemented effective January 1, 2026, and as a result PMI realigned its reportable segments accordingly. The four geographic segments have been replaced with three new reportable segments: International Smoke-Free, International Combustibles, and U.S. (including our wellness business unit, Aspeya). As of the first quarter of 2026, our reporting will reflect these changes.<br>• The Company did not operate under these reportable segments or using this measure of segment operating performance in prior periods and will begin to report comparative results under this basis with the filing of its Quarterly Report on Form 10-Q for the quarter ending March 31, 2026. Until the Company's interim financial statements are issued, amounts on this new basis are not in accordance with U.S. GAAP and, as a result, are considered non-GAAP measures.<br>• In the first quarter of 2026, PMI is introducing Operating Companies Income (OCI) as an additional profitability measure for our U.S. and International business units. OCI is calculated as Operating Income (OI) less corporate expenses and other. Other includes foreign currency gains/losses and compensation expense related to restricted share units and performance share units awards, which were reclassified from Cost of Sales and Marketing, Administration and Research costs. We believe it is appropriate to disclose this additional profitability measure, OCI, to help investors analyze the business performance and trends of these business units.<br>• The recast 2025 and 2024 financial and shipment volume information in this document reflect the three new reportable segments announced on November 4, 2025.<br>• Comparisons are made to the same prior-year period unless otherwise stated.<br>• "Combustible tobacco products" is the term PMI uses to refer to cigarettes and other tobacco products that are combusted.<br>• "Total shipment volume" is defined as the combined total of cigarette, heated tobacco, oral smoke-free products (excluding snuff, snuff leaf and U.S. chew) and e-vapor shipment volume in equivalent units, unless otherwise stated.<br>**<u>Financial</u>**<br>• "Adjusted Gross Profit Margin" is calculated as adjusted gross profit divided by adjusted net revenues.<br>• "Adjusted Operating Companies Income Margin" is calculated as adjusted operating companies income divided by adjusted net revenues.<br>• Management reviews net revenues, gross profit, operating companies income, operating income, gross profit margin, operating companies income margin, operating income margin, operating cash flow and earnings per share, or "EPS," on an adjusted basis, which may exclude the impact of currency and other items such as acquisitions, divestitures, restructuring costs, tax items and other special items. Additionally, starting in 2022 and on a comparative basis, for these measures other than net revenues and operating cash flow, PMI includes adjustments to add back amortization expense on acquisition related intangible assets that are recorded as part of purchase accounting and contribute to PMI's revenue generation, as well as impairment of intangible assets, if any. | &nbsp;&nbsp;<br>While amortization expense on acquisition related intangible assets is excluded in these adjusted measures, the net revenues generated from these acquired intangible assets are included in the company's adjusted measures, unless otherwise stated. Currency-neutral and organic growth rates reflect the way management views underlying performance for these measures. PMI believes that such measures provide useful insight into underlying business trends and results.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Management reviews these measures because they exclude changes in currency exchange rates and other factors that may distort underlying business trends, thereby improving the comparability of PMI's business performance between reporting periods. Furthermore, PMI uses several of these measures in its management compensation program to promote internal fairness and a disciplined assessment of performance against company targets. PMI discloses these measures to enable investors to view the business through the eyes of management.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Non-GAAP measures used by PMI should neither be considered in isolation nor as a substitute for the financial measures prepared in accordance with U.S. GAAP. For a reconciliation of non-GAAP measures to the most directly comparable U.S. GAAP measures, see the relevant schedules provided with this report.<br>**<u>Smoke-Free</u>**<br>&nbsp;&nbsp;&nbsp;&nbsp;• Smoke-free business ("SFB") is the term PMI uses to refer to all of its smoke-free products. SFB also includes Wellness products, as well as consumer accessories, such as lighters and matches.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Smoke-free products ("SFPs") is the term PMI uses to refer to all of its products that provide nicotine without combusting tobacco, such as heat-not-burn, e-Vapor,<br>and oral smokeless, and that therefore generate far lower levels of harmful chemicals. As such, these products have the potential to present less risk of harm versus continued smoking.<br>&nbsp;&nbsp;&nbsp;&nbsp;• "Heated tobacco units" or "HTU" is the term PMI uses to refer to heated tobacco consumables, which include our *BLENDS*, *DELIA*, *HEETS*, *HEETS Creations*<br>(defined collectively as "*HEETS*"), *SENTIA*, *TEREA*, *TEREA CRAFTED*, and *TEREA Dimensions*, as well as the KT&G-licensed brands, *Fiit* and *Miix* (outside of<br>South Korea). HTU's also include zero tobacco heat-not-burn consumables (*LEVIA*).<br>&nbsp;&nbsp;&nbsp;&nbsp;• Oral smoke-free products conversion: (i) nicotine pouches (units): 15 pouches per can in the U.S. and approximately 20 pouches per can outside the U.S.; (ii) snus<br>products: weighted average 21 pouches equivalent per can; (iii) moist snuff products: weighted average 17 pouches equivalent per can; (iv) tobacco bits products:<br>weighted average 30 pouches equivalent per can; (v) chew bags products: weighted average 20 pouches per can.<br>&nbsp;&nbsp;&nbsp;&nbsp;• E-vapor products conversion: one milliliter of e-vapor liquid equivalent to 10 units.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Wellness products primarily refer to products associated with oral and intra-oral delivery systems. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 1** | **Schedule 1** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** |
| (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) |
|  | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Years Ended <br>December 31** | **Years Ended <br>December 31** | **Years Ended <br>December 31** |
|  | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** |
| **Cigarettes** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Combustibles | 144753 | 143191 | 1.1% | 155248 | 157618 | (1.5)% | 157940 | 163238 | (3.2)% | 149426 | 152780 | (2.2)% | 607367 | 616827 | (1.5)% |
| **Total PMI** | **144753** | **143191** | **1.1%** | **155248** | **157618** | **(1.5)%** | **157940** | **163238** | **(3.2)%** | **149426** | **152780** | **(2.2)%** | **607367** | **616827** | **(1.5)%** |
| **Smoke-Free** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 39424 | 35049 | 12.5% | 41415 | 37493 | 10.5% | 43296 | 37430 | 15.7% | 40844 | 37830 | 8.0% | 164979 | 147802 | 11.6% |
| U.S. | 3613 | 2570 | 40.6% | 3430 | 2618 | 31.0% | 3626 | 2827 | 28.2% | 3484 | 3025 | 15.2% | 14152 | 11040 | 28.2% |
| **Total PMI** | **43037** | **37618** | **14.4%** | **44845** | **40111** | **11.8%** | **46921** | **40257** | **16.6%** | **44327** | **40855** | **8.5%** | **179131** | **158842** | **12.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Heated Tobacco Units** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Smoke-Free | 37089 | 33134 | 11.9% | 38809 | 35544 | 9.2% | 40833 | 35347 | 15.5% | 38396 | 35718 | 7.5% | 155127 | 139743 | 11.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. |  |  | —% | 1 |  | —% | 3 |  | —% | 2 |  | —% | 6 |  | —% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total PMI** | **37089** | **33134** | **11.9%** | **38810** | **35544** | **9.2%** | **40836** | **35347** | **15.5%** | **38398** | **35718** | **7.5%** | **155133** | **139743** | **11.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Oral Smoke-Free Products** | &nbsp;&nbsp;&nbsp;&nbsp;**Oral Smoke-Free Products** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Smoke-Free | 1703 | 1610 | 5.8% | 1748 | 1565 | 11.7% | 1578 | 1620 | (2.6)% | 1493 | 1613 | (7.5)% | 6522 | 6408 | 1.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. | 3613 | 2570 | 40.6% | 3429 | 2618 | 31.0% | 3623 | 2827 | 28.1% | 3482 | 3025 | 15.1% | 14146 | 11040 | 28.1% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total PMI** | **5316** | **4180** | **27.2%** | **5177** | **4183** | **23.8%** | **5201** | **4447** | **16.9%** | **4974** | **4638** | **7.3%** | **20668** | **17448** | **18.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;**E-Vapor** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Smoke-Free | 632 | 305 | +100% | 858 | 384 | +100% | 885 | 463 | 91.0% | 955 | 499 | 91.4% | 3330 | 1651 | +100% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total PMI** | **632** | **305** | **+100%** | **858** | **384** | **+100%** | **885** | **463** | **91.0%** | **955** | **499** | **91.4%** | **3330** | **1651** | **+100%** |
| **Total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 39424 | 35049 | 12.5% | 41415 | 37493 | 10.5% | 43296 | 37430 | 15.7% | 40844 | 37830 | 8.0% | 164979 | 147802 | 11.6% |
| International Combustibles | 144753 | 143191 | 1.1% | 155248 | 157618 | (1.5)% | 157940 | 163238 | (3.2)% | 149426 | 152780 | (2.2)% | 607367 | 616827 | (1.5)% |
| U.S. | 3613 | 2570 | 40.6% | 3430 | 2618 | 31.0% | 3626 | 2827 | 28.2% | 3484 | 3025 | 15.2% | 14152 | 11040 | 28.2% |
| **Total PMI** | **187790** | **180809** | **3.9%** | **200093** | **197729** | **1.2%** | **204861** | **203495** | **0.7%** | **193753** | **193635** | **0.1%** | **786498** | **775669** | **1.4%** |
| Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 2** | **Schedule 2** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** |
|  | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** |
|  | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** |
| **Nicotine Pouches** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 21.3 | 14.2 | 50.5% | 24.4 | 14.8 | 65.3% | 19.7 | 15.5 | 26.8% | 20.5 | 19.0 | 7.7% | 85.9 | 63.5 | 35.3% |
| U.S. | 202.1 | 131.6 | 53.6% | 190.2 | 135.1 | 40.8% | 204.9 | 149.1 | 37.4% | 196.5 | 164.7 | 19.3% | 793.7 | 580.5 | 36.7% |
| **Total PMI** | **223.4** | **145.7** | **53.3%** | **214.7** | **149.9** | **43.3%** | **224.6** | **164.6** | **36.4%** | **217.0** | **183.8** | **18.1%** | **879.6** | **644.0** | **36.6%** |
| **Snus, Moist Snuff & Other Oral** | **Snus, Moist Snuff & Other Oral** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 60.2 | 61.8 | (2.6)% | 59.7 | 59.0 | 1.2% | 56.3 | 61.2 | (8.0)% | 51.9 | 58.1 | (10.7)% | 228.1 | 240.1 | (5.0)% |
| U.S. | 34.2 | 35.1 | (2.5)% | 34.0 | 34.9 | (2.6)% | 32.3 | 34.8 | (7.1)% | 31.6 | 32.7 | (3.1)% | 132.3 | 137.5 | (3.8)% |
| **Total PMI** | **94.4** | **96.9** | **(2.5)%** | **93.7** | **93.9** | **(0.2)%** | **88.6** | **96.0** | **(7.7)%** | **83.6** | **90.8** | **(8.0)%** | **360.3** | **377.6** | **(4.6)%** |
| **Total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 81.5 | 75.9 | 7.3% | 84.1 | 73.8 | 14.0% | 76.0 | 76.7 | (1.0)% | 72.4 | 77.1 | (6.1)% | 314.0 | 303.6 | 3.4% |
| U.S. | 236.4 | 166.7 | 41.8% | 224.3 | 170.0 | 31.9% | 237.2 | 183.9 | 29.0% | 228.1 | 197.4 | 15.5% | 926.0 | 718.0 | 29.0% |
| **Total PMI** | **317.9** | **242.6** | **31.0%** | **308.4** | **243.8** | **26.5%** | **313.2** | **260.7** | **20.2%** | **300.5** | **274.6** | **9.5%** | **1240.0** | **1021.6** | **21.4%** |
|  | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** |  |
|  | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** | **2025** | **2024** | **% Change** |
| **Nicotine Pouches** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 427 | 292 | 46.2% | 485 | 303 | 60.1% | 388 | 316 | 22.5% | 394 | 380 | 3.7% | 1693 | 1291 | 31.2% |
| U.S. | 3032 | 1973 | 53.6% | 2854 | 2026 | 40.9% | 3073 | 2237 | 37.4% | 2947 | 2471 | 19.2% | 11906 | 8707 | 36.7% |
| **Total PMI** | **3458** | **2265** | **52.7%** | **3339** | **2329** | **43.4%** | **3461** | **2553** | **35.6%** | **3341** | **2851** | **17.2%** | **13599** | **9998** | **36.0%** |
| **Snus, Moist Snuff & Other Oral** | **Snus, Moist Snuff & Other Oral** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 1276 | 1318 | (3.2)% | 1263 | 1262 | 0.0% | 1191 | 1304 | (8.7)% | 1099 | 1233 | (10.9)% | 4829 | 5117 | (5.6)% |
| U.S. | 581 | 596 | (2.5)% | 576 | 592 | (2.8)% | 549 | 591 | (7.0)% | 535 | 553 | (3.4)% | 2241 | 2333 | (3.9)% |
| **Total PMI** | **1857** | **1914** | **(3.0)%** | **1838** | **1854** | **(0.9)%** | **1740** | **1894** | **(8.2)%** | **1634** | **1787** | **(8.6)%** | **7069** | **7450** | **(5.1)%** |
| **Total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 1703 | 1610 | 5.8% | 1748 | 1565 | 11.7% | 1578 | 1620 | (2.6)% | 1493 | 1613 | (7.5)% | 6522 | 6408 | 1.8% |
| U.S. | 3613 | 2570 | 40.6% | 3429 | 2618 | 31.0% | 3623 | 2827 | 28.1% | 3482 | 3025 | 15.1% | 14146 | 11040 | 28.1% |
| **Total PMI** | **5316** | **4180** | **27.2%** | **5177** | **4183** | **23.8%** | **5201** | **4447** | **16.9%** | **4974** | **4638** | **7.3%** | **20668** | **17448** | **18.5%** |
| Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (1/5)** | **Schedule 3 (1/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>March 31,** | **Net<br>Revenues** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **PMI** | **2024** | **% Change** | **% Change** | **% Change** |
| $3076 | $(130) | $3207 | $— | $3207 | International Smoke-Free | $2850 | 7.9% | 12.5% | 12.5% |
| 5326 | (208) | 5534 |  | 5534 | International Combustibles | 5299 | 0.5% | 4.4% | 4.4% |
| 899 | (2) | 901 | (49) | 950 | U.S. | 644 | 39.7% | 40.1% | 47.6% |
| **$9301** | **$(340)** | **$9641** | **$(49)** | **$9690** | **Total PMI** | **$8793** | **5.8%** | **9.6%** | **10.2%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Smoke-Free** | **2024** | **% Change** | **% Change** | **% Change** |
| $3076 | $(130) | $3207 | $— | $3207 | International Smoke-Free | $2850 | 7.9% | 12.5% | 12.5% |
| 818 | (2) | 820 | (49) | 869 | U.S. | 535 | 52.8% | 53.2% | 62.3% |
| *51* | *(2)* | *54* | *(49)* | *102* | *of which, Wellness* | *90* | *(42.8) %* | *(40.4) %* | *13.8 %* |
| **$3895** | **$(132)** | **$4027** | **$(49)** | **$4076** | **Total Smoke-Free** | **$3386** | **15.0%** | **18.9%** | **20.4%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Combustible Tobacco** | **2024** | **% Change** | **% Change** | **% Change** |
| $5326 | $(208) | $5534 | $— | $5534 | International Combustibles | $5299 | 0.5% | 4.4% | 4.4% |
| 81 |  | 81 |  | 81 | U.S. | 108 | (25.1)% | (25.1)% | (25.1)% |
| **$5407** | **$(208)** | **$5615** | **$—** | **$5615** | **Total Combustible Tobacco** | **$5407** | **— %** | **3.8%** | **3.8%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (2/5)** | **Schedule 3 (2/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>June 30,** | **Net<br>Revenues** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **PMI** | **2024** | **% Change** | **% Change** | **% Change** |
| $3395 | $65 | $3329 | $— | $3329 | International Smoke-Free | $3015 | 12.6% | 10.4% | 10.4% |
| 5883 | 5 | 5878 |  | 5878 | International Combustibles | 5748 | 2.3% | 2.3% | 2.3% |
| 862 | 1 | 861 | (39) | 900 | U.S. | 705 | 22.3% | 22.2% | 27.7% |
| **$10140** | **$71** | **$10069** | **$(39)** | **$10108** | **Total PMI** | **$9468** | **7.1%** | **6.3%** | **6.8%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Smoke-Free** | **2024** | **% Change** | **% Change** | **% Change** |
| $3395 | $65 | $3329 | $— | $3329 | International Smoke-Free | $3015 | 12.6% | 10.4% | 10.4% |
| 766 | 1 | 765 | (39) | 804 | U.S. | 595 | 28.8% | 28.5% | 35.1% |
| *57* | *1* | *56* | *(39)* | *95* | *of which, Wellness* | *80* | *(28.7) %* | *(30.3) %* | *18.6 %* |
| **$4161** | **$67** | **$4094** | **$(39)** | **$4133** | **Total Smoke-Free** | **$3610** | **15.2%** | **13.4%** | **14.5%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Combustible Tobacco** | **2024** | **% Change** | **% Change** | **% Change** |
| $5883 | $5 | $5878 | $— | $5878 | International Combustibles | $5748 | 2.3% | 2.3% | 2.3% |
| 96 |  | 96 |  | 96 | U.S. | 110 | (12.3)% | (12.3)% | (12.3)% |
| **$5979** | **$5** | **$5974** | **$—** | **$5974** | **Total Combustible Tobacco** | **$5858** | **2.1%** | **2.0%** | **2.0%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (3/5)** | **Schedule 3 (3/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>September 30,** | **Net<br>Revenues** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **PMI** | **2024** | **% Change** | **% Change** | **% Change** |
| $3839 | $179 | $3661 | $— | $3661 | International Smoke-Free | $3101 | 23.8% | 18.0% | 18.0% |
| 6316 | 202 | 6114 |  | 6114 | International Combustibles | 6041 | 4.6% | 1.2% | 1.2% |
| 689 | 4 | 685 | (38) | 724 | U.S. | 769 | (10.4)% | (10.8)% | (5.8)% |
| **$10845** | **$385** | **$10460** | **$(38)** | **$10498** | **Total PMI** | **$9911** | **9.4%** | **5.5%** | **5.9%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Smoke-Free** | **2024** | **% Change** | **% Change** | **% Change** |
| $3839 | $179 | $3661 | $— | $3661 | International Smoke-Free | $3101 | 23.8% | 18.0% | 18.0% |
| 605 | 4 | 602 | (38) | 640 | U.S. | 675 | (10.4)% | (10.9)% | (5.2)% |
| *57* | *4* | *54* | *(38)* | *92* | *of which, Wellness* | *76* | *(24.3) %* | *(28.9) %* | *21.7 %* |
| **$4445** | **$182** | **$4263** | **$(38)** | **$4301** | **Total Smoke-Free** | **$3777** | **17.7%** | **12.9%** | **13.9%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Combustible Tobacco** | **2024** | **% Change** | **% Change** | **% Change** |
| $6316 | $202 | $6114 | $— | $6114 | International Combustibles | $6041 | 4.6% | 1.2% | 1.2% |
| 84 |  | 84 |  | 84 | U.S. | 93 | (10.1)% | (10.1)% | (10.1)% |
| **$6400** | **$202** | **$6198** | **$—** | **$6198** | **Total Combustible Tobacco** | **$6134** | **4.3%** | **1.0%** | **1.0%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (4/5)** | **Schedule 3 (4/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>December 31,** | **Net<br>Revenues** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **PMI** | **2024** | **% Change** | **% Change** | **% Change** |
| $3686 | $172 | $3514 | $— | $3514 | International Smoke-Free | $3159 | 16.7% | 11.2% | 11.2% |
| 5911 | 169 | 5742 |  | 5742 | International Combustibles | 5720 | 3.3% | 0.4% | 0.4% |
| 765 | 4 | 761 | (44) | 805 | U.S. | 827 | (7.5)% | (8.0)% | (2.7)% |
| **$10362** | **$345** | **$10017** | **$(44)** | **$10061** | **Total PMI** | **$9706** | **6.8%** | **3.2%** | **3.7%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Smoke-Free** | **2024** | **% Change** | **% Change** | **% Change** |
| $3686 | $172 | $3514 | $— | $3514 | International Smoke-Free | $3159 | 16.7% | 11.2% | 11.2% |
| 668 | 4 | 664 | (44) | 708 | U.S. | 728 | (8.2)% | (8.8)% | (2.8)% |
| *72* | *4* | *68* | *(44)* | *112* | *of which, Wellness* | *87* | *(17.2) %* | *(21.9) %* | *28.4 %* |
| **$4354** | **$176** | **$4178** | **$(44)** | **$4222** | **Total Smoke-Free** | **$3887** | **12.0%** | **7.5%** | **8.6%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Combustible Tobacco** | **2024** | **% Change** | **% Change** | **% Change** |
| $5911 | $169 | $5742 | $— | $5742 | International Combustibles | $5720 | 3.3% | 0.4% | 0.4% |
| 97 |  | 97 |  | 97 | U.S. | 99 | (2.1)% | (2.1)% | (2.1)% |
| **$6008** | **$169** | **$5839** | **$—** | **$5839** | **Total Combustible Tobacco** | **$5819** | **3.3%** | **0.3%** | **0.3%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (5/5)** | **Schedule 3 (5/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Years Ended<br>December 31,** | **Net<br>Revenues** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **PMI** | **2024** | **% Change** | **% Change** | **% Change** |
| $13996 | $285 | $13711 | $— | $13711 | International Smoke-Free | $12126 | 15.4% | 13.1% | 13.1% |
| 23436 | 169 | 23267 |  | 23267 | International Combustibles | 22807 | 2.8% | 2.0% | 2.0% |
| 3216 | 7 | 3209 | (170) | 3379 | U.S. | 2944 | 9.2% | 9.0% | 14.8% |
| **$40648** | **$461** | **$40187** | **$(170)** | **$40357** | **Total PMI** | **$37878** | **7.3%** | **6.1%** | **6.5%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Smoke-Free** | **2024** | **% Change** | **% Change** | **% Change** |
| $13996 | $285 | $13711 | $— | $13711 | International Smoke-Free | $12126 | 15.4% | 13.1% | 13.1% |
| 2858 | 7 | 2851 | (170) | 3021 | U.S. | 2534 | 12.8% | 12.5% | 19.2% |
| *238* | *7* | *231* | *(170)* | *401* | *of which, Wellness* | *333* | *(28.5) %* | *(30.5) %* | *20.6 %* |
| **$16854** | **$292** | **$16562** | **$(170)** | **$16732** | **Total Smoke-Free** | **$14660** | **15.0%** | **13.0%** | **14.1%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Combustible Tobacco** | **2024** | **% Change** | **% Change** | **% Change** |
| $23436 | $169 | $23267 | $— | $23267 | International Combustibles | $22807 | 2.8% | 2.0% | 2.0% |
| 358 |  | 358 |  | 358 | U.S. | 410 | (12.7)% | (12.7)% | (12.7)% |
| **$23794** | **$169** | **$23625** | **$—** | **$23625** | **Total Combustible Tobacco** | **$23218** | **2.5%** | **1.8%** | **1.8%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 4** | **Schedule 4** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Gross<br>Profit** | **Currency** | **Gross Profit<br>excluding Currency** | **Acquisitions / Divestitures** | **Gross Profit excl. Currency & Acquisitions / Divestitures** |  | **Gross<br>Profit** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>March 31,** | **2024** | **% Change** | **% Change** | **% Change** |
| $2087 | $(99) | $2186 | $— | $2186 | International Smoke-Free | $1768 | 18.0% | 23.6% | 23.6% |
| 3499 | (136) | 3635 | 20 | 3615 | International Combustibles | 3407 | 2.7% | 6.7% | 6.1% |
| 685 |  | 685 | (20) | 705 | U.S. | 429 | 59.6% | 59.6% | 64.3% |
| **$6270** | **$(235)** | **$6505** | **$—** | **$6505** | **Total PMI** | **$5604** | **11.9%** | **16.1%** | **16.1%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>June 30,** | **2024** | **% Change** | **% Change** | **% Change** |
| $2319 | $47 | $2272 | $— | $2272 | International Smoke-Free | $1916 | 21.0% | 18.5% | 18.5% |
| 3936 | 1 | 3935 | 12 | 3923 | International Combustibles | 3731 | 5.5% | 5.5% | 5.1% |
| 611 |  | 611 | (7) | 618 | U.S. | 479 | 27.5% | 27.5% | 28.9% |
| **$6866** | **$47** | **$6819** | **$4** | **$6815** | **Total PMI** | **$6127** | **12.1%** | **11.3%** | **11.2%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>September 30,** | **2024** | **% Change** | **% Change** | **% Change** |
| $2683 | $123 | $2560 | $— | $2560 | International Smoke-Free | $2088 | 28.5% | 22.6% | 22.6% |
| 4244 | 117 | 4127 |  | 4127 | International Combustibles | 3919 | 8.3% | 5.3% | 5.3% |
| 434 |  | 434 | (3) | 437 | U.S. | 541 | (19.9)% | (19.8)% | (19.3)% |
| **$7361** | **$240** | **$7121** | **$(2)** | **$7123** | **Total PMI** | **$6549** | **12.4%** | **8.7%** | **8.8%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>December 31,** | **2024** | **% Change** | **% Change** | **% Change** |
| $2488 | $118 | $2370 | $— | $2370 | International Smoke-Free | $2058 | 20.9% | 15.2% | 15.2% |
| 3844 | 98 | 3746 |  | 3746 | International Combustibles | 3629 | 5.9% | 3.2% | 3.2% |
| 476 |  | 476 | (17) | 493 | U.S. | 601 | (20.7)% | (20.8)% | (18.0)% |
| **$6807** | **$215** | **$6592** | **$(17)** | **$6609** | **Total PMI** | **$6288** | **8.3%** | **4.8%** | **5.1%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Years Ended<br>December 31,** | **2024** | **% Change** | **% Change** | **% Change** |
| $9576 | $187 | $9389 | $— | $9389 | International Smoke-Free | $7831 | 22.3% | 19.9% | 19.9% |
| 15523 | 80 | 15443 | 31 | 15412 | International Combustibles | 14687 | 5.7% | 5.1% | 4.9% |
| 2206 |  | 2206 | (46) | 2252 | U.S. | 2050 | 7.6% | 7.6% | 9.8% |
| **$27304** | **$267** | **$27037** | **$(15)** | **$27052** | **Total PMI** | **$24568** | **11.1%** | **10.0%** | **10.1%** |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | **Schedule 5** | **Schedule 5** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Gross<br>Profit** | **Special<br>Items(1)** | **Adjusted<br>Gross<br>Profit** | **Currency** | **Adjusted Gross Profit<br>excluding Currency** | **Acquisitions / Divestitures** | **Adjusted Gross Profit excl. Currency & Acquisitions / Divestitures** |  | **Gross<br>Profit** | **Special<br>Items(1)** | **Adjusted<br>Gross<br>Profit** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>March 31,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $2087 | $(1) | $2087 | $(99) | $2187 | $— | $2187 | International Smoke-Free | $1768 | $(1) | $1769 | 18.0% | 23.6% | 23.6% |
| 3499 |  | 3499 | (136) | 3635 | 20 | 3615 | International Combustibles | 3407 |  | 3407 | 2.7% | 6.7% | 6.1% |
| 685 | (5) | 689 |  | 689 | (31) | 720 | U.S. | 429 | (16) | 445 | 55.0% | 55.1% | 62.0% |
| **$6270** | **$(5)** | **$6275** | **$(235)** | **$6510** | **$(11)** | **$6521** | **Total PMI** | **$5604** | **$(16)** | **$5620** | **11.7%** | **15.8%** | **16.0%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>June 30,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $2319 | $(1) | $2319 | $47 | $2273 | $— | $2273 | International Smoke-Free | $1916 | $(1) | $1917 | 21.0% | 18.5% | 18.5% |
| 3936 |  | 3936 | 1 | 3935 | 12 | 3923 | International Combustibles | 3731 |  | 3731 | 5.5% | 5.5% | 5.1% |
| 611 | (5) | 616 |  | 616 | (17) | 633 | U.S. | 479 | (15) | 494 | 24.6% | 24.6% | 28.1% |
| **$6866** | **$(6)** | **$6872** | **$47** | **$6825** | **$(6)** | **$6831** | **Total PMI** | **$6127** | **$(16)** | **$6143** | **11.9%** | **11.1%** | **11.2%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>September 30,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $2683 | $(1) | $2683 | $123 | $2561 | $— | $2561 | International Smoke-Free | $2088 | $(1) | $2089 | 28.4% | 22.6% | 22.6% |
| 4244 |  | 4244 | 117 | 4127 |  | 4127 | International Combustibles | 3919 |  | 3919 | 8.3% | 5.3% | 5.3% |
| 434 | (5) | 439 |  | 439 | (11) | 451 | U.S. | 541 | (13) | 555 | (20.9)% | (20.9)% | (18.8)% |
| **$7361** | **$(5)** | **$7366** | **$240** | **$7126** | **$(11)** | **$7137** | **Total PMI** | **$6549** | **$(14)** | **$6563** | **12.2%** | **8.6%** | **8.7%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $2488 | $(1) | $2489 | $118 | $2371 | $— | $2371 | International Smoke-Free | $2058 | $(1) | $2058 | 20.9% | 15.2% | 15.2% |
| 3844 |  | 3844 | 98 | 3746 |  | 3746 | International Combustibles | 3629 |  | 3629 | 5.9% | 3.2% | 3.2% |
| 476 | (5) | 481 |  | 481 | (17) | 498 | U.S. | 601 | (5) | 606 | (20.5)% | (20.6)% | (17.8)% |
| **$6807** | **$(6)** | **$6813** | **$215** | **$6598** | **$(17)** | **$6615** | **Total PMI** | **$6288** | **$(5)** | **$6293** | **8.3%** | **4.8%** | **5.1%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Years Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $9576 | $(3) | $9579 | $187 | $9391 | $— | $9391 | International Smoke-Free | $7831 | $(2) | $7833 | 22.3% | 19.9% | 19.9% |
| 15523 |  | 15523 | 80 | 15443 | 31 | 15412 | International Combustibles | 14687 |  | 14687 | 5.7% | 5.1% | 4.9% |
| 2206 | (20) | 2225 |  | 2226 | (76) | 2301 | U.S. | 2050 | (49) | 2099 | 6.0% | 6.0% | 9.6% |
| **$27304** | **$(22)** | **$27326** | **$267** | **$27059** | **$(45)** | **$27104** | **Total PMI** | **$24568** | **$(51)** | **$24619** | **11.0%** | **9.9%** | **10.1%** |
| (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. | (1) 2025 and 2024 Special Items reflect amortization of intangibles related to Smoke-free products. All amounts are related to cost of goods sold. |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 6** | **Schedule 6** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Adjusted Gross Profit<br>(1)** | **Net Revenues<br>(2)** | **Adjusted Gross Profit<br>Margin** | **Adjusted Gross Profit<br>excluding Currency<br>(1)** | **Net Revenues excluding Currency<br>(2)** | **Adjusted Gross Profit Margin excluding Currency** | **Adjusted Gross Profit excluding Currency <br>& Acqui-sitions / Divestitures<br>(1)** | **Net Revenues excluding Currency <br>& Acqui-sitions / Divestitures<br>(2)** | **Adjusted Gross Profit Margin excluding Currency <br>& Acqui-sitions / Divestitures** |  | **Adjusted Gross Profit<br>(1)** | **Net Revenues<br>(2)** | **Adjusted Gross Profit<br>Margin** | **Adjusted Gross Profit<br>Margin** | **Adjusted Gross Profit Margin excluding Currency** | **Adjusted Gross Profit Margin excluding Currency <br>& Acqui-sitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>March 31,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $2087 | $3076 | 67.9% | $2187 | $3207 | 68.2% | $2187 | $3207 | 68.2% | International Smoke-Free | $1769 | $2850 | 62.1% | 5.8 | 6.1 | 6.1 |
| 3499 | 5326 | 65.7% | 3635 | 5534 | 65.7% | 3615 | 5534 | 65.3% | International Combustibles | 3407 | 5299 | 64.3% | 1.4 | 1.4 | 1.0 |
| 689 | 899 | 76.6% | 689 | 901 | 76.5% | 720 | 950 | 75.8% | U.S. | 445 | 644 | 69.1% | 7.5 | 7.4 | 6.7 |
| **$6275** | **$9301** | **67.5%** | **$6510** | **$9641** | **67.5%** | **$6521** | **$9690** | **67.3%** | **Total PMI** | **$5620** | **$8793** | **63.9%** | **3.6** | **3.6** | **3.4** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>June 30,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $2319 | $3395 | 68.3% | $2273 | $3329 | 68.3% | $2273 | $3329 | 68.3% | International Smoke-Free | $1917 | $3015 | 63.6% | 4.7 | 4.7 | 4.7 |
| 3936 | 5883 | 66.9% | 3935 | 5878 | 66.9% | 3923 | 5878 | 66.7% | International Combustibles | 3731 | 5748 | 64.9% | 2.0 | 2.0 | 1.8 |
| 616 | 862 | 71.4% | 616 | 861 | 71.5% | 633 | 900 | 70.3% | U.S. | 494 | 705 | 70.1% | 1.3 | 1.4 | 0.2 |
| **$6872** | **$10140** | **67.8%** | **$6825** | **$10069** | **67.8%** | **$6831** | **$10108** | **67.6%** | **Total PMI** | **$6143** | **$9468** | **64.9%** | **2.9** | **2.9** | **2.7** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>September 30,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $2683 | $3839 | 69.9% | $2561 | $3661 | 70.0% | $2561 | $3661 | 70.0% | International Smoke-Free | $2089 | $3101 | 67.4% | 2.5 | 2.6 | 2.6 |
| 4244 | 6316 | 67.2% | 4127 | 6114 | 67.5% | 4127 | 6114 | 67.5% | International Combustibles | 3919 | 6041 | 64.9% | 2.3 | 2.6 | 2.6 |
| 439 | 689 | 63.7% | 439 | 685 | 64.1% | 451 | 724 | 62.3% | U.S. | 555 | 769 | 72.2% | (8.5) | (8.1) | (9.9) |
| **$7366** | **$10845** | **67.9%** | **$7126** | **$10460** | **68.1%** | **$7137** | **$10498** | **68.0%** | **Total PMI** | **$6563** | **$9911** | **66.2%** | **1.7** | **1.9** | **1.8** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $2489 | $3686 | 67.5% | $2371 | $3514 | 67.5% | $2371 | $3514 | 67.5% | International Smoke-Free | $2058 | $3159 | 65.2% | 2.3 | 2.3 | 2.3 |
| 3844 | 5911 | 65.0% | 3746 | 5742 | 65.2% | 3746 | 5742 | 65.2% | International Combustibles | 3629 | 5720 | 63.5% | 1.5 | 1.7 | 1.7 |
| 481 | 765 | 62.9% | 481 | 761 | 63.2% | 498 | 805 | 61.8% | U.S. | 606 | 827 | 73.2% | (10.3) | (10.0) | (11.4) |
| **$6813** | **$10362** | **65.7%** | **$6598** | **$10017** | **65.9%** | **$6615** | **$10061** | **65.7%** | **Total PMI** | **$6293** | **$9706** | **64.8%** | **0.9** | **1.1** | **0.9** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Years Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $9579 | $13996 | 68.4% | $9391 | $13711 | 68.5% | $9391 | $13711 | 68.5% | International Smoke-Free | $7833 | $12126 | 64.6% | 3.8 | 3.9 | 3.9 |
| 15523 | 23436 | 66.2% | 15443 | 23267 | 66.4% | 15412 | 23267 | 66.2% | International Combustibles | 14687 | 22807 | 64.4% | 1.8 | 2.0 | 1.8 |
| 2225 | 3216 | 69.2% | 2226 | 3209 | 69.4% | 2301 | 3379 | 68.1% | U.S. | 2099 | 2944 | 71.3% | (2.1) | (1.9) | (3.2) |
| **$27326** | **$40648** | **67.2%** | **$27059** | **$40187** | **67.3%** | **$27104** | **$40357** | **67.2%** | **Total PMI** | **$24619** | **$37878** | **65.0%** | **2.2** | **2.3** | **2.2** |
| (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 5 |
| (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 7** | **Schedule 7** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Operating Companies Income (Loss)** | **Currency** | **Operating Companies Income excluding Currency** | **Acquisitions / Divestitures** | **Operating Companies Income excluding Currency & Acquisitions / Divestitures** |  | **Operating Companies Income (Loss)** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>March 31,** | **2024** | **% Change** | **% Change** | **% Change** |
| $3605 | $(158) | $3763 | $19 | $3744 | International | $3355 | 7.5% | 12.2% | 11.6% |
| 237 | 2 | 235 | 25 | 210 | U.S. | 22 | +100% | +100% | +100% |
| **$3842** | **$(156)** | **$3998** | **$44** | **$3954** | **Total PMI** | **$3377** | **13.8%** | **18.4%** | **17.1%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>June 30,** | **2024** | **% Change** | **% Change** | **% Change** |
| $3685 | $9 | $3676 | $11 | $3665 | International | $3523 | 4.6% | 4.3% | 4.0% |
| 152 | (3) | 154 | 11 | 144 | U.S. | 88 | 72.0% | 74.8% | 62.5% |
| **$3837** | **$6** | **$3831** | **$22** | **$3809** | **Total PMI** | **$3611** | **6.3%** | **6.1%** | **5.5%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>September 30,** | **2024** | **% Change** | **% Change** | **% Change** |
| $4335 | $132 | $4203 | $— | $4203 | International | $3883 | 11.6% | 8.2% | 8.2% |
| (33) | (5) | (28) | 17 | (44) | U.S. | (114) | 71.5% | 75.9% | 61.3% |
| **$4303** | **$126** | **$4177** | **$17** | **$4160** | **Total PMI** | **$3770** | **14.1%** | **10.8%** | **10.3%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>December 31,** | **2024** | **% Change** | **% Change** | **% Change** |
| $3597 | $104 | $3492 | $— | $3492 | International | $3326 | 8.1% | 5.0% | 5.0% |
| (35) | (5) | (29) | 3 | (32) | U.S. | 63 | -(100)% | -(100)% | -(100)% |
| **$3562** | **$99** | **$3463** | **$3** | **$3460** | **Total PMI** | **$3389** | **5.1%** | **2.2%** | **2.1%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **Years Ended<br>December 31,** | **2024** | **% Change** | **% Change** | **% Change** |
| $15222 | $87 | $15135 | $30 | $15105 | International | $14088 | 8.1% | 7.4% | 7.2% |
| 322 | (10) | 332 | 55 | 277 | U.S. | 59 | +100% | +100% | +100% |
| **$15544** | **$75** | **$15469** | **$86** | **$15383** | **Total PMI** | **$14147** | **9.9%** | **9.3%** | **8.7%** |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | **Schedule 8** | **Schedule 8** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Operating Companies Income (Loss)** | **Special<br>Items<br>(1)** | **Adjusted<br>Operating Companies Income** | **Currency** | **Adjusted Operating Companies Income<br>excluding Currency** | **Acquisitions / Divestitures** | **Adjusted Operating Companies Income excl. Currency & Acquisitions / Divestitures** |  | **Operating Companies Income (Loss)** | **Special<br>Items<br>(1)** | **Adjusted<br>Operating Companies Income** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>March 31,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $3605 | $(45) | $3650 | $(158) | $3809 | $19 | $3790 | International | $3355 | $(57) | $3412 | 7.0% | 11.6% | 11.1% |
| 237 | (200) | 437 | 2 | 435 | (12) | 447 | U.S. | 22 | (220) | 242 | 80.7% | 79.8% | 84.7% |
| **$3842** | **$(246)** | **$4088** | **$(156)** | **$4244** | **$7** | **$4237** | **Total PMI** | **$3377** | **$(277)** | **$3654** | **11.9%** | **16.1%** | **16.0%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>June 30,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $3685 | $(333) | $4019 | $9 | $4010 | $11 | $3999 | International | $3523 | $(47) | $3570 | 12.6% | 12.3% | 12.0% |
| 152 | (201) | 353 | (3) | 355 |  | 355 | U.S. | 88 | (165) | 253 | 39.3% | 40.3% | 40.1% |
| **$3837** | **$(534)** | **$4371** | **$6** | **$4365** | **$12** | **$4353** | **Total PMI** | **$3611** | **$(212)** | **$3823** | **14.3%** | **14.2%** | **13.9%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>September 30,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $4335 | $(207) | $4542 | $132 | $4410 | $— | $4410 | International | $3883 | $(92) | $3975 | 14.3% | 10.9% | 10.9% |
| (33) | (200) | 168 | (5) | 173 | 8 | 165 | U.S. | (114) | (407) | 293 | (42.7)% | (41.0)% | (43.7)% |
| **$4303** | **$(407)** | **$4710** | **$126** | **$4584** | **$8** | **$4576** | **Total PMI** | **$3770** | **$(499)** | **$4269** | **10.3%** | **7.4%** | **7.2%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $3597 | $(148) | $3745 | $104 | $3640 | $— | $3640 | International | $3326 | $(47) | $3372 | 11.0% | 7.9% | 7.9% |
| (35) | (201) | 167 | (5) | 172 | 3 | 169 | U.S. | 63 | (213) | 277 | (39.8)% | (37.9)% | (38.9)% |
| **$3562** | **$(349)** | **$3911** | **$99** | **$3812** | **$3** | **$3809** | **Total PMI** | **$3389** | **$(260)** | **$3649** | **7.2%** | **4.5%** | **4.4%** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Years Ended <br>December 31,** | **2024** | **2024** | **2024** | **% Change** | **% Change** | **% Change** |
| $15222 | $(734) | $15956 | $87 | $15869 | $30 | $15839 | International | $14088 | $(242) | $14329 | 11.3% | 10.7% | 10.5% |
| 322 | (802) | 1124 | (10) | 1135 | (1) | 1136 | U.S. | 59 | (1006) | 1065 | 5.6% | 6.6% | 6.7% |
| **$15544** | **$(1536)** | **$17080** | **$75** | **$17005** | **$30** | **$16975** | **Total PMI** | **$14147** | **$(1248)** | **$15395** | **10.9%** | **10.5%** | **10.3%** |
| (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 | (1) For details on Special Items, refer to Schedule 11 |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 9** | **Schedule 9** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Adjusted Operating Companies Income<br>(1)** | **Net Revenues<br>(2)** | **Adjusted Operating Companies Income<br>Margin** | **Adjusted Operating Companies Income<br>excluding Currency<br>(1)** | **Net Revenues excluding Currency<br>(2)** | **Adjusted Operating Companies Income Margin excluding Currency** | **Adjusted Operating Companies Income excluding Currency <br>& Acqui-sitions / Divestitures<br>(1)** | **Net Revenues excluding Currency <br>& Acqui-sitions / Divestitures<br>(2)** | **Adjusted Operating Companies Income Margin excluding Currency <br>& Acqui-sitions / Divestitures** |  | **Adjusted Operating Companies Income<br>(1)** | **Net Revenues<br>(2)** | **Adjusted Operating Companies Income<br>Margin** | **Adjusted Operating Companies Income<br>Margin** | **Adjusted Operating Companies Income Margin excluding Currency** | **Adjusted Operating Companies Income Margin excluding Currency <br>& Acqui-sitions / Divestitures** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>March 31,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $3650 | $8402 | 43.4% | $3809 | $8740 | 43.6% | $3790 | $8740 | 43.4% | International | $3412 | $8149 | 41.9% | 1.5 | 1.7 | 1.5 |
| 437 | 899 | 48.6% | 435 | 901 | 48.3% | 447 | 950 | 47.1% | U.S. | 242 | 644 | 37.6% | 11.0 | 10.7 | 9.5 |
| **$4088** | **$9301** | **44.0%** | **$4244** | **$9641** | **44.0%** | **$4237** | **$9690** | **43.7%** | **Total PMI** | **$3654** | **$8793** | **41.6%** | **2.4** | **2.4** | **2.1** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended <br>June 30,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $4019 | $9278 | 43.3% | $4010 | $9207 | 43.6% | $3999 | $9207 | 43.4% | International | $3570 | $8764 | 40.7% | 2.6 | 2.9 | 2.7 |
| 353 | 862 | 40.9% | 355 | 861 | 41.2% | 355 | 900 | 39.4% | U.S. | 253 | 705 | 35.9% | 5.0 | 5.3 | 3.5 |
| **$4371** | **$10140** | **43.1%** | **$4365** | **$10069** | **43.4%** | **$4353** | **$10108** | **43.1%** | **Total PMI** | **$3823** | **$9468** | **40.4%** | **2.7** | **3.0** | **2.7** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>September 30,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $4542 | $10156 | 44.7% | $4410 | $9775 | 45.1% | $4410 | $9775 | 45.1% | International | $3975 | $9142 | 43.5% | 1.2 | 1.6 | 1.6 |
| 168 | 689 | 24.4% | 173 | 685 | 25.2% | 165 | 724 | 22.8% | U.S. | 293 | 769 | 38.1% | (13.7) | (12.9) | (15.3) |
| **$4710** | **$10845** | **43.4%** | **$4584** | **$10460** | **43.8%** | **$4576** | **$10498** | **43.6%** | **Total PMI** | **$4269** | **$9911** | **43.1%** | **0.3** | **0.7** | **0.5** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Quarters Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $3745 | $9597 | 39.0% | $3640 | $9256 | 39.3% | $3640 | $9256 | 39.3% | International | $3372 | $8878 | 38.0% | 1.0 | 1.3 | 1.3 |
| 167 | 765 | 21.8% | 172 | 761 | 22.6% | 169 | 805 | 21.0% | U.S. | 277 | 827 | 33.5% | (11.7) | (10.9) | (12.5) |
| **$3911** | **$10362** | **37.7%** | **$3812** | **$10017** | **38.1%** | **$3809** | **$10061** | **37.9%** | **Total PMI** | **$3649** | **$9706** | **37.6%** | **0.1** | **0.5** | **0.3** |
| **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **Years Ended<br>December 31,** | **2024** | **2024** | **2024** | **% Points Change** | **% Points Change** | **% Points Change** |
| $15956 | $37432 | 42.6% | $15869 | $36978 | 42.9% | $15839 | $36978 | 42.8% | International | $14329 | $34933 | 41.0% | 1.6 | 1.9 | 1.8 |
| 1124 | 3216 | 35.0% | 1135 | 3209 | 35.4% | 1136 | 3379 | 33.6% | U.S. | 1065 | 2944 | 36.2% | (1.2) | (0.8) | (2.6) |
| **$17080** | **$40648** | **42.0%** | **$17005** | **$40187** | **42.3%** | **$16975** | **$40357** | **42.1%** | **Total PMI** | **$15395** | **$37878** | **40.6%** | **1.4** | **1.7** | **1.5** |
| (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to Schedule 8 |
| (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 | (2) For the calculation of Net Revenues excluding currency and Net Revenues excluding currency and acquisitions/divestitures, refer to Schedule 3 |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | **Schedule 10** | **Schedule 10** | **Schedule 10** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |  |
| **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** |  |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |  |
|  | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** |
|  | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** |
| **Net Revenues** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | $(3) | $360 | $— | $4 | $309 | $— | $51 | $508 | $— | $45 | $311 | $— | $96 | $1488 | $1 |
| International Combustibles | 449 | (208) | (6) | 421 | (286) | (4) | 511 | (476) | 37 | 389 | (364) | (4) | 1771 | (1334) | 23 |
| U.S. | 81 | 226 |  | (7) | 203 |  | (255) | 211 |  | (150) | 128 |  | (332) | 767 |  |
| **Total PMI** | **$526** | **$377** | **$(6)** | **$420** | **$225** | **$(5)** | **$305** | **$245** | **$37** | **$285** | **$73** | **$(3)** | **$1536** | **$920** | **$23** |
| **Gross Profit** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | $(3) | $384 | $37 | $4 | $299 | $52 | $51 | $382 | $39 | $45 | $222 | $46 | $96 | $1286 | $175 |
| International Combustibles | 449 | (137) | (104) | 421 | (170) | (59) | 511 | (306) | 2 | 389 | (249) | (24) | 1771 | (862) | (184) |
| U.S. | 81 | 203 | (8) | (7) | 173 | (27) | (255) | 182 | (31) | (150) | 102 | (60) | (332) | 660 | (126) |
| **Total PMI** | **$526** | **$450** | **$(75)** | **$420** | **$301** | **$(33)** | **$305** | **$258** | **$11** | **$285** | **$75** | **$(39)** | **$1536** | **$1084** | **$(136)** |
| **Operating Companies Income** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International | $446 | $247 | $(304) | $425 | $129 | $(412) | $562 | $76 | $(318) | $434 | $(27) | $(240) | $1867 | $424 | $(1274) |
| U.S. | 81 | 203 | (96) | (7) | 173 | (110) | (255) | 182 | 144 | (150) | 102 | (47) | (332) | 660 | (110) |
| **Total PMI** | **$526** | **$450** | **$(399)** | **$420** | **$301** | **$(523)** | **$305** | **$258** | **$(173)** | **$285** | **$75** | **$(289)** | **$1536** | **$1084** | **$(1384)** |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | **Schedule 11 (1/2)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
|  | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Year Ended** |
|  | **March 31,** | **June 30,** | **September 30,** | **December 31,** | **December 31,** |
|  | **2025** | **2025** | **2025** | **2025** | **2025** |
| **PMI** |  |  |  |  |  |
| **Operating Companies Income** | **$3842** | **$3837** | **$4303** | **$3562** | **$15544** |
| Amortization of intangibles | (246) | (250) | (250) | (257) | (1003) |
| Impairment of goodwill |  | (41) |  |  | (41) |
| Restructuring charges |  | (243) |  | 2 | (241) |
| RBH (Canada) Plan Implementation |  |  | 19 |  | 19 |
| Germany excise tax classification litigation charge |  |  | (176) |  | (176) |
| Loss on expected sale of consumer accessories and other businesses |  |  |  | (94) | (94) |
| **Adjusted Operating Companies Income** | **$4088** | **$4371** | **$4710** | **$3911** | **$17080** |
| **International** |  |  |  |  |  |
| **Operating Companies Income** | **$3605** | **$3685** | **$4335** | **$3597** | **$15222** |
| Amortization of intangibles | (45) | (49) | (50) | (55) | (200) |
| Impairment of goodwill |  | (41) |  |  | (41) |
| Restructuring charges |  | (243) |  | 2 | (241) |
| RBH (Canada) Plan Implementation |  |  | 19 |  | 19 |
| Germany excise tax classification litigation charge |  |  | (176) |  | (176) |
| Loss on expected sale of consumer accessories and other businesses |  |  |  | (94) | (94) |
| **Adjusted Operating Companies Income** | **$3650** | **$4019** | **$4542** | **$3745** | **$15956** |
| **U.S.** |  |  |  |  |  |
| **Operating Companies Income** | **$237** | **$152** | **$(33)** | **$(35)** | **$322** |
| Amortization of intangibles | (200) | (201) | (200) | (201) | (802) |
| **Adjusted Operating Companies Income** | **$437** | **$353** | **$168** | **$167** | **$1124** |
| Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | **Schedule 11 (2/2)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
|  | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Year Ended** |
|  | **March 31,** | **June 30,** | **September 30,** | **December 31,** | **December 31,** |
|  | **2024** | **2024** | **2024** | **2024** | **2024** |
| **PMI** |  |  |  |  |  |
| **Operating Companies Income** | **$3377** | **$3611** | **$3770** | **$3389** | **$14147** |
| Amortization of intangibles | (120) | (212) | (256) | (247) | (835) |
| Impairment of other intangibles | (27) |  |  |  | (27) |
| Restructuring charges | (130) |  |  | (12) | (142) |
| Egypt sales tax charge |  |  | (45) |  | (45) |
| Loss on sale of Vectura Group |  |  | (198) | (1) | (199) |
| **Adjusted Operating Companies Income** | **$3654** | **$3823** | **$4269** | **$3649** | **$15395** |
| **International** |  |  |  |  |  |
| **Operating Companies Income** | **$3355** | **$3523** | **$3883** | **$3326** | **$14088** |
| Amortization of intangibles | (48) | (47) | (46) | (47) | (188) |
| Restructuring charges | (9) |  |  |  | (9) |
| Egypt sales tax charge |  |  | (45) |  | (45) |
| **Adjusted Operating Companies Income** | **$3412** | **$3570** | **$3975** | **$3372** | **$14329** |
| **U.S.** |  |  |  |  |  |
| **Operating Companies Income** | **$22** | **$88** | **$(114)** | **$63** | **$59** |
| Amortization of intangibles | (73) | (165) | (209) | (201) | (648) |
| Impairment of other intangibles | (26) |  |  |  | (26) |
| Restructuring charges | (121) |  |  | (12) | (133) |
| Loss on sale of Vectura Group |  |  | (198) | (1) | (199) |
| **Adjusted Operating Companies Income** | **$242** | **$253** | **$293** | **$277** | **$1065** |
| Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. | Note: Sum of special items might not foot due to roundings. Special items between -$0.5 million and +$0.5 million are not displayed by segment. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 12** | **Schedule 12** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
|  | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **2025** | **2024** | **Change<br>Fav./(Unfav.)** | **2025** | **2024** | **Change<br>Fav./(Unfav.)** | **2025** | **2024** | **Change<br>Fav./(Unfav.)** | **2025** | **2024** | **Change<br>Fav./(Unfav.)** | **2025** | **2024** | **Change<br>Fav./(Unfav.)** |
| Net Revenues | $9301 | $8793 | 5.8% | $10140 | $9468 | 7.1% | $10845 | $9911 | 9.4% | $10362 | $9706 | 6.8% | $40648 | $37878 | 7.3% |
| Less: Cost of sales | 3031 | 3189 | 5.0% | 3274 | 3341 | 2.0% | 3484 | 3362 | (3.6)% | 3555 | 3418 | (4.0)% | 13344 | 13310 | (0.3)% |
| **Gross profit** | **6270** | **5604** | **11.9%** | **6866** | **6127** | **12.1%** | **7361** | **6549** | **12.4%** | **6807** | **6288** | **8.3%** | **27304** | **24568** | **11.1%** |
| Less: Marketing, administration and research costs<sup>(1)</sup> | 2428 | 2227 | (9.0)% | 2988 | 2516 | (18.8)% | 3058 | 2779 | (10.0)% | 3245 | 2899 | (11.9)% | 11719 | 10421 | (12.5)% |
| Impairment of goodwill |  |  | —% | 41 |  | —% |  |  | —% |  |  | —% | 41 |  | —% |
| **Operating Companies Income** | **3842** | **3377** | **13.8%** | **3837** | **3611** | **6.3%** | **4303** | **3770** | **14.1%** | **3562** | **3389** | **5.1%** | **15544** | **14147** | **9.9%** |
| Less: Corporate Expenses and Other | 298 | 332 | 10.2% | 125 | 167 | 25.1% | 40 | 116 | 65.5% | 189 | 130 | (45.4)% | 652 | 745 | 12.5% |
| **Operating Income** | **$3544** | **$3045** | **16.4%** | **$3712** | **$3444** | **7.8%** | **$4263** | **$3654** | **16.7%** | **$3373** | **$3259** | **3.5%** | **$14892** | **$13402** | **11.1%** |
| (1) excluding Corporate Expenses and Other | (1) excluding Corporate Expenses and Other | (1) excluding Corporate Expenses and Other | (1) excluding Corporate Expenses and Other | (1) excluding Corporate Expenses and Other |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.2

Exhibit 99.2

**Recast Shipment Volume and**

**Unaudited Financial Information**

2024 vs. 2023

------

PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries

**Key Terms, Definitions and Explanatory Notes**

---

| | |
|:---|:---|
| **<u>General</u>**<br>• "PMI" refers to Philip Morris International Inc. and its subsidiaries. Trademarks and service marks that are the registered property of, or licensed by, the subsidiaries of PMI, are italicized.<br>• With our smoke-free business now operating at scale across our regions, including substantial growth from our U.S. business, PMI has implemented an evolved organizational model with two primary business units: International and U.S. This change was implemented effective January 1, 2026, and as a result PMI realigned its reportable segments accordingly. The four geographic segments have been replaced with three new reportable segments: International Smoke-Free, International Combustibles, and U.S. (including our wellness business unit, Aspeya). As of the first quarter of 2026, our reporting will reflect these changes.<br>• The Company did not operate under these reportable segments or using this measure of segment operating performance in prior periods and will begin to report comparative results under this basis with the filing of its Quarterly Report on Form 10-Q for the quarter ending March 31, 2026. Until the Company's interim financial statements are issued, amounts on this new basis are not in accordance with U.S. GAAP and, as a result, are considered non-GAAP measures.<br>• In the first quarter of 2026, PMI is introducing Operating Companies Income (OCI) as an additional profitability measure for our U.S. and International business units. OCI is calculated as Operating Income (OI) less corporate expenses and other. Other includes foreign currency gains/losses and compensation expense related to restricted share units and performance share units awards, which were reclassified from Cost of Sales and Marketing, Administration and Research costs. We believe it is appropriate to disclose this additional profitability measure, OCI, to help investors analyze the business performance and trends of these business units.<br>• The recast 2024 and 2023 financial and shipment volume information in this document reflect the three new reportable segments announced on November 4, 2025.<br>• Comparisons are made to the same prior-year period unless otherwise stated.<br>• "Combustible tobacco products" is the term PMI uses to refer to cigarettes and other tobacco products that are combusted.<br>• "Total shipment volume" is defined as the combined total of cigarette, heated tobacco, oral smoke-free products (excluding snuff, snuff leaf and U.S. chew) and e-vapor shipment volume in equivalent units, unless otherwise stated.<br>**<u>Financial</u>**<br>• "Adjusted Gross Profit Margin" is calculated as adjusted gross profit divided by adjusted net revenues.<br>• "Adjusted Operating Companies Income Margin" is calculated as adjusted operating companies income divided by adjusted net revenues.<br>• Management reviews net revenues, gross profit, operating companies income, operating income, gross profit margin, operating companies income margin, operating income margin, operating cash flow and earnings per share, or "EPS," on an adjusted basis, which may exclude the impact of currency and other items such as acquisitions, divestitures, restructuring costs, tax items and other special items. Additionally, starting in 2022 and on a comparative basis, for these measures other than net revenues and operating cash flow, PMI includes adjustments to add back amortization expense on acquisition related intangible assets that are recorded as part of purchase accounting and contribute to PMI's revenue generation, as well as impairment of intangible assets, if any. | &nbsp;&nbsp;<br>While amortization expense on acquisition related intangible assets is excluded in these adjusted measures, the net revenues generated from these acquired intangible assets are included in the company's adjusted measures, unless otherwise stated. Currency-neutral and organic growth rates reflect the way management views underlying performance for these measures. PMI believes that such measures provide useful insight into underlying business trends and results.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Management reviews these measures because they exclude changes in currency exchange rates and other factors that may distort underlying business trends, thereby improving the comparability of PMI's business performance between reporting periods. Furthermore, PMI uses several of these measures in its management compensation program to promote internal fairness and a disciplined assessment of performance against company targets. PMI discloses these measures to enable investors to view the business through the eyes of management.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Non-GAAP measures used by PMI should neither be considered in isolation nor as a substitute for the financial measures prepared in accordance with U.S. GAAP. For a reconciliation of non-GAAP measures to the most directly comparable U.S. GAAP measures, see the relevant schedules provided with this report.<br>**<u>Smoke-Free</u>**<br>&nbsp;&nbsp;&nbsp;&nbsp;• Smoke-free business ("SFB") is the term PMI uses to refer to all of its smoke-free products. SFB also includes Wellness products, as well as consumer accessories, such as lighters and matches.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Smoke-free products ("SFPs") is the term PMI uses to refer to all of its products that provide nicotine without combusting tobacco, such as heat-not-burn, e-Vapor,<br>and oral smokeless, and that therefore generate far lower levels of harmful chemicals. As such, these products have the potential to present less risk of harm versus continued smoking.<br>&nbsp;&nbsp;&nbsp;&nbsp;• "Heated tobacco units" or "HTU" is the term PMI uses to refer to heated tobacco consumables, which include our *BLENDS*, *DELIA*, *HEETS*, *HEETS Creations*<br>(defined collectively as "*HEETS*"), *SENTIA*, *TEREA*, *TEREA CRAFTED*, and *TEREA Dimensions*, as well as the KT&G-licensed brands, *Fiit* and *Miix* (outside of<br>South Korea). HTU's also include zero tobacco heat-not-burn consumables (*LEVIA*).<br>&nbsp;&nbsp;&nbsp;&nbsp;• Oral smoke-free products conversion: (i) nicotine pouches (units): 15 pouches per can in the U.S. and approximately 20 pouches per can outside the U.S.; (ii) snus<br>products: weighted average 21 pouches equivalent per can; (iii) moist snuff products: weighted average 17 pouches equivalent per can; (iv) tobacco bits products:<br>weighted average 30 pouches equivalent per can; (v) chew bags products: weighted average 20 pouches per can.<br>&nbsp;&nbsp;&nbsp;&nbsp;• E-vapor products conversion: one milliliter of e-vapor liquid equivalent to 10 units.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Wellness products primarily refer to products associated with oral and intra-oral delivery systems. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 1** | **Schedule 1** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** | **Shipment Volume by Product Category** |
| (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) | (in million equivalent units) |
|  | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Years Ended <br>December 31** | **Years Ended <br>December 31** | **Years Ended <br>December 31** |
|  | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** |
| **Cigarettes** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Combustibles | 143191 | 143708 | (0.4)% | 157618 | 157010 | 0.4% | 163238 | 161137 | 1.3% | 152780 | 151094 | 1.1% | 616827 | 612949 | 0.6% |
| **Total PMI** | **143191** | **143708** | **(0.4)%** | **157618** | **157010** | **0.4%** | **163238** | **161137** | **1.3%** | **152780** | **151094** | **1.1%** | **616827** | **612949** | **0.6%** |
| **Smoke-Free** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 35049 | 28840 | 21.5% | 37493 | 33043 | 13.5% | 37430 | 34147 | 9.6% | 37830 | 35698 | 6.0% | 147802 | 131728 | 12.2% |
| U.S. | 2570 | 1730 | 48.5% | 2618 | 1962 | 33.4% | 2827 | 2171 | 30.2% | 3025 | 2300 | 31.5% | 11040 | 8163 | 35.2% |
| **Total PMI** | **37618** | **30570** | **23.1%** | **40111** | **35005** | **14.6%** | **40257** | **36319** | **10.8%** | **40855** | **37996** | **7.5%** | **158842** | **139890** | **13.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Heated Tobacco Units** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Smoke-Free | 33134 | 27396 | 20.9% | 35544 | 31424 | 13.1% | 35347 | 32471 | 8.9% | 35718 | 33972 | 5.1% | 139743 | 125263 | 11.6% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total PMI** | **33134** | **27396** | **20.9%** | **35544** | **31424** | **13.1%** | **35347** | **32471** | **8.9%** | **35718** | **33972** | **5.1%** | **139743** | **125263** | **11.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Oral Smoke-Free Products** | &nbsp;&nbsp;&nbsp;&nbsp;**Oral Smoke-Free Products** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Smoke-Free | 1610 | 1349 | 19.4% | 1565 | 1524 | 2.7% | 1620 | 1468 | 10.3% | 1613 | 1504 | 7.3% | 6408 | 5845 | 9.6% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. | 2570 | 1730 | 48.5% | 2618 | 1962 | 33.4% | 2827 | 2171 | 30.2% | 3025 | 2300 | 31.5% | 11040 | 8163 | 35.2% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total PMI** | **4180** | **3079** | **35.7%** | **4183** | **3486** | **20.0%** | **4447** | **3640** | **22.2%** | **4638** | **3802** | **22.0%** | **17448** | **14007** | **24.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;**E-Vapor** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Smoke-Free | 305 | 95 | +100% | 384 | 95 | +100% | 463 | 208 | +100% | 499 | 222 | +100% | 1651 | 620 | +100% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total PMI** | **305** | **95** | **+100%** | **384** | **95** | **+100%** | **463** | **208** | **+100%** | **499** | **222** | **+100%** | **1651** | **620** | **+100%** |
| **Total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 35049 | 28840 | 21.5% | 37493 | 33043 | 13.5% | 37430 | 34147 | 9.6% | 37830 | 35698 | 6.0% | 147802 | 131728 | 12.2% |
| International Combustibles | 143191 | 143708 | (0.4)% | 157618 | 157010 | 0.4% | 163238 | 161137 | 1.3% | 152780 | 151094 | 1.1% | 616827 | 612949 | 0.6% |
| U.S. | 2570 | 1730 | 48.5% | 2618 | 1962 | 33.4% | 2827 | 2171 | 30.2% | 3025 | 2300 | 31.5% | 11040 | 8163 | 35.2% |
| **Total PMI** | **180809** | **174278** | **3.7%** | **197729** | **192015** | **3.0%** | **203495** | **197456** | **3.1%** | **193635** | **189090** | **2.4%** | **775669** | **752839** | **3.0%** |
| Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. U.S. excludes cigars. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 2** | **Schedule 2** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** | **Oral Smoke-Free Products Shipment Volume** |
|  | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** | **Shipments in million cans** |
|  | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** |
| **Nicotine Pouches** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 14.2 | 8.0 | 75.9% | 14.8 | 9.6 | 54.4% | 15.5 | 9.2 | 68.2% | 19.0 | 9.4 | +100% | 63.5 | 36.3 | 75.0% |
| U.S. | 131.6 | 73.2 | 79.7% | 135.1 | 89.9 | 50.2% | 149.1 | 105.4 | 41.4% | 164.7 | 116.3 | 41.7% | 580.5 | 384.8 | 50.8% |
| **Total PMI** | **145.7** | **81.3** | **79.3%** | **149.9** | **99.5** | **50.6%** | **164.6** | **114.6** | **43.6%** | **183.8** | **125.7** | **46.2%** | **644.0** | **421.1** | **52.9%** |
| **Snus, Moist Snuff & Other Oral** | **Snus, Moist Snuff & Other Oral** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 61.8 | 55.7 | 10.9% | 59.0 | 62.6 | (5.8)% | 61.2 | 60.4 | 1.3% | 58.1 | 61.9 | (6.1)% | 240.1 | 240.6 | (0.2)% |
| U.S. | 35.1 | 36.4 | (3.4)% | 34.9 | 35.3 | (1.1)% | 34.8 | 34.0 | 2.5% | 32.7 | 32.0 | 2.1% | 137.5 | 137.6 | (0.1)% |
| **Total PMI** | **96.9** | **92.1** | **5.3%** | **93.9** | **97.9** | **(4.1)%** | **96.0** | **94.4** | **1.7%** | **90.8** | **93.9** | **(3.3)%** | **377.6** | **378.2** | **(0.2)%** |
| **Total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 75.9 | 63.7 | 19.1% | 73.8 | 72.2 | 2.2% | 76.7 | 69.6 | 10.2% | 77.1 | 71.3 | 8.2% | 303.6 | 276.9 | 9.6% |
| U.S. | 166.7 | 109.6 | 52.1% | 170.0 | 125.2 | 35.8% | 183.9 | 139.4 | 31.9% | 197.4 | 148.3 | 33.1% | 718.0 | 522.5 | 37.4% |
| **Total PMI** | **242.6** | **173.3** | **40.0%** | **243.8** | **197.4** | **23.5%** | **260.7** | **209.0** | **24.7%** | **274.6** | **219.6** | **25.0%** | **1021.6** | **799.3** | **27.8%** |
|  | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** | **Shipments in million equivalent units** |
|  | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>March 31** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>June 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>September 30** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Quarters Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** | **2024** | **2023** | **% Change** |
| **Nicotine Pouches** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 292 | 170 | 71.6% | 303 | 200 | 51.2% | 316 | 194 | 63.4% | 380 | 197 | 93.0% | 1291 | 761 | 69.7% |
| U.S. | 1973 | 1098 | 79.7% | 2026 | 1348 | 50.2% | 2237 | 1581 | 41.4% | 2471 | 1745 | 41.7% | 8707 | 5773 | 50.8% |
| **Total PMI** | **2265** | **1268** | **78.6%** | **2329** | **1549** | **50.4%** | **2553** | **1775** | **43.8%** | **2851** | **1941** | **46.9%** | **9998** | **6533** | **53.0%** |
| **Snus, Moist Snuff & Other Oral** | **Snus, Moist Snuff & Other Oral** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 1318 | 1179 | 11.8% | 1262 | 1324 | (4.7)% | 1304 | 1275 | 2.3% | 1233 | 1307 | (5.6)% | 5117 | 5084 | 0.7% |
| U.S. | 596 | 632 | (5.6)% | 592 | 614 | (3.5)% | 591 | 590 | 0.2% | 553 | 555 | (0.3)% | 2333 | 2390 | (2.4)% |
| **Total PMI** | **1914** | **1810** | **5.7%** | **1854** | **1937** | **(4.3)%** | **1894** | **1864** | **1.6%** | **1787** | **1862** | **(4.0)%** | **7450** | **7474** | **(0.3)%** |
| **Total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | 1610 | 1349 | 19.4% | 1565 | 1524 | 2.7% | 1620 | 1468 | 10.3% | 1613 | 1504 | 7.3% | 6408 | 5845 | 9.6% |
| U.S. | 2570 | 1730 | 48.5% | 2618 | 1962 | 33.4% | 2827 | 2171 | 30.2% | 3025 | 2300 | 31.5% | 11040 | 8163 | 35.2% |
| **Total PMI** | **4180** | **3079** | **35.7%** | **4183** | **3486** | **20.0%** | **4447** | **3640** | **22.2%** | **4638** | **3802** | **22.0%** | **17448** | **14007** | **24.6%** |
| Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. | Note: Total Oral Smoke-Free Products excludes snuff, snuff leaf and U.S. chew. Sum of product categories or segments might not foot to total PMI due to roundings. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | **Schedule 3 (1/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>March 31,** | **Net<br>Revenues** |  | **Total** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **PMI** | **2023** |  | **% Change** | **% Change** |
| $2850 | $(106) | $2956 | $— | $2956 | International Smoke-Free | $2423 |  | 17.7% | 22.0% |
| 5299 | (90) | 5389 |  | 5389 | International Combustibles | 5087 | (1) | 4.2% | 5.9% |
| 644 | 2 | 642 |  | 642 | U.S. | 509 |  | 26.5% | 26.1% |
| **$8793** | **$(194)** | **$8987** | **$—** | **$8987** | **Total PMI** | **$8019** |  | **9.7%** | **12.1%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Smoke-Free** | **2023** |  | **% Change** | **% Change** |
| $2850 | $(106) | $2956 | $— | $2956 | International Smoke-Free | $2423 |  | 17.7% | 22.0% |
| 535 | 2 | 533 |  | 533 | U.S. | 373 |  | 43.6% | 43.1% |
| *90* | *2* | *88* | *—* | *88* | *of which, Wellness* | *86* |  | *4.9 %* | *2.7 %* |
| **$3386** | **$(104)** | **$3489** | **$—** | **$3489** | **Total Smoke-Free** | **$2796** |  | **21.1%** | **24.8%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Combustible Tobacco** | **2023** |  | **% Change** | **% Change** |
| $5299 | $(90) | $5389 | $— | $5389 | International Combustibles | $5087 | (1) | 4.2% | 5.9% |
| 108 |  | 108 |  | 108 | U.S. | 136 |  | (20.3)% | (20.3)% |
| **$5407** | **$(90)** | **$5497** | **$—** | **$5497** | **Total Combustible Tobacco** | **$5223** |  | **3.5%** | **5.2%** |
| (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (2/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>June 30,** | **Net<br>Revenues** | **Total** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **PMI** | **2023** | **% Change** | **% Change** |
| $3015 | $(148) | $3163 | $— | $3163 | International Smoke-Free | $2756 | 9.4% | 14.8% |
| 5748 | (211) | 5959 |  | 5959 | International Combustibles | 5641 | 1.9% | 5.6% |
| 705 |  | 705 |  | 705 | U.S. | 570 | 23.7% | 23.7% |
| **$9468** | **$(358)** | **$9826** | **$—** | **$9826** | **Total PMI** | **$8967** | **5.6%** | **9.6%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Smoke-Free** | **2023** | **% Change** | **% Change** |
| $3015 | $(148) | $3163 | $— | $3163 | International Smoke-Free | $2756 | 9.4% | 14.8% |
| 595 |  | 595 |  | 595 | U.S. | 421 | 41.2% | 41.2% |
| *80* | *—* | *80* | *—* | *80* | *of which, Wellness* | *77* | *4.7 %* | *5.0 %* |
| **$3610** | **$(148)** | **$3758** | **$—** | **$3758** | **Total Smoke-Free** | **$3178** | **13.6%** | **18.3%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Combustible Tobacco** | **2023** | **% Change** | **% Change** |
| $5748 | $(211) | $5959 | $— | $5959 | International Combustibles | $5641 | 1.9% | 5.6% |
| 110 |  | 110 |  | 110 | U.S. | 148 | (25.9)% | (25.9)% |
| **$5858** | **$(211)** | **$6069** | **$—** | **$6069** | **Total Combustible Tobacco** | **$5790** | **1.2%** | **4.8%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (3/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>September 30,** | **Net<br>Revenues** | **Total** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **PMI** | **2023** | **% Change** | **% Change** |
| $3101 | $(87) | $3189 | $— | $3189 | International Smoke-Free | $2865 | 8.2% | 11.3% |
| 6041 | (200) | 6241 |  | 6241 | International Combustibles | 5784 | 4.4% | 7.9% |
| 769 |  | 769 |  | 769 | U.S. | 492 | 56.3% | 56.4% |
| **$9911** | **$(289)** | **$10200** | **$—** | **$10200** | **Total PMI** | **$9141** | **8.4%** | **11.6%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Smoke-Free** | **2023** | **% Change** | **% Change** |
| $3101 | $(87) | $3189 | $— | $3189 | International Smoke-Free | $2865 | 8.2% | 11.3% |
| 675 |  | 676 |  | 676 | U.S. | 443 | 52.6% | 52.7% |
| *76* | *—* | *76* | *—* | *76* | *of which, Wellness* | *74* | *1.6 %* | *2.2 %* |
| **$3777** | **$(88)** | **$3864** | **$—** | **$3864** | **Total Smoke-Free** | **$3308** | **14.2%** | **16.8%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Combustible Tobacco** | **2023** | **% Change** | **% Change** |
| $6041 | $(200) | $6241 | $— | $6241 | International Combustibles | $5784 | 4.4% | 7.9% |
| 93 |  | 93 |  | 93 | U.S. | 49 | 90.6% | 90.6% |
| **$6134** | **$(200)** | **$6334** | **$—** | **$6334** | **Total Combustible Tobacco** | **$5833** | **5.2%** | **8.6%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 3 (4/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Quarters Ended<br>December 31,** | **Net<br>Revenues** | **Total** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **PMI** | **2023** | **% Change** | **% Change** |
| $3159 | $7 | $3151 | $— | $3151 | International Smoke-Free | $3057 | 3.3% | 3.1% |
| 5720 | (10) | 5730 |  | 5730 | International Combustibles | 5391 | 6.1% | 6.3% |
| 827 | 2 | 826 |  | 826 | U.S. | 599 | 38.1% | 37.8% |
| **$9706** | **$—** | **$9706** | **$—** | **$9706** | **Total PMI** | **$9047** | **7.3%** | **7.3%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Smoke-Free** | **2023** | **% Change** | **% Change** |
| $3159 | $7 | $3151 | $— | $3151 | International Smoke-Free | $3057 | 3.3% | 3.1% |
| 728 | 2 | 727 |  | 727 | U.S. | 501 | 45.3% | 44.9% |
| *87* | *2* | *85* | *—* | *85* | *of which, Wellness* | *69* | *26.4 %* | *23.9 %* |
| **$3887** | **$9** | **$3878** | **$—** | **$3878** | **Total Smoke-Free** | **$3558** | **9.2%** | **9.0%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Combustible Tobacco** | **2023** | **% Change** | **% Change** |
| $5720 | $(10) | $5730 | $— | $5730 | International Combustibles | $5391 | 6.1% | 6.3% |
| 99 |  | 99 |  | 99 | U.S. | 98 | 1.1% | 1.1% |
| **$5819** | **$(10)** | **$5829** | **$—** | **$5829** | **Total Combustible Tobacco** | **$5489** | **6.0%** | **6.2%** |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | **Schedule 3 (5/5)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** | **Net Revenues by Product Category and Adjustments of Net Revenues for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Currency** | **Net<br>Revenues<br>excluding Currency** | **Acquisitions / Divestitures** | **Net<br>Revenues excl. Currency & <br>Acquisitions / Divestitures** | **Years Ended<br>December 31,** | **Net<br>Revenues** |  | **Total** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **PMI** | **2023** |  | **% Change** | **% Change** |
| $12126 | $(333) | $12459 | $— | $12459 | International Smoke-Free | $11102 |  | 9.2% | 12.2% |
| 22807 | (511) | 23319 |  | 23319 | International Combustibles | 21903 | (1) | 4.1% | 6.5% |
| 2944 | 3 | 2941 |  | 2941 | U.S. | 2169 |  | 35.7% | 35.6% |
| **$37878** | **$(841)** | **$38719** | **$—** | **$38719** | **Total PMI** | **$35174** |  | **7.7%** | **10.1%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Smoke-Free** | **2023** |  | **% Change** | **% Change** |
| $12126 | $(333) | $12459 | $— | $12459 | International Smoke-Free | $11102 |  | 9.2% | 12.2% |
| 2534 | 3 | 2531 |  | 2531 | U.S. | 1738 |  | 45.8% | 45.6% |
| *333* | *3* | *330* | *—* | *330* | *of which, Wellness* | *306* |  | *8.9 %* | *7.9 %* |
| **$14660** | **$(330)** | **$14990** | **$—** | **$14990** | **Total Smoke-Free** | **$12840** |  | **14.2%** | **16.7%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Combustible Tobacco** | **2023** |  | **% Change** | **% Change** |
| $22807 | $(511) | $23319 | $— | $23319 | International Combustibles | $21903 | (1) | 4.1% | 6.5% |
| 410 |  | 410 |  | 410 | U.S. | 431 |  | (4.8)% | (4.8)% |
| **$23218** | **$(511)** | **$23729** | **$—** | **$23729** | **Total Combustible Tobacco** | **$22334** |  | **4.0%** | **6.2%** |
| (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) Includes a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East |
| Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of product categories or segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | **Schedule 4** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Net Revenues to Adjusted Net Revenues, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Net<br>Revenues** | **Special Items** | **Adjusted Net<br>Revenues** | **Currency** | **Adjusted Net<br>Revenues excluding Currency** | **Acqui-sitions / Divestitures** | **Adjusted <br>Net<br>Revenues excluding Currency <br>& Acquisitions / Divestitures** |  | **Net<br>Revenues** | **Special Items(1)** | **Adjusted Net<br>Revenues** | **Total** | **Excluding Currency<br>& Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** |
| $2850 | $— | $2850 | $(106) | $2956 | $— | $2956 | International Smoke-Free | $2423 | $— | $2423 | 17.7% | 22.0% |
| 5299 |  | 5299 | (90) | 5389 |  | 5389 | International Combustibles | 5087 | (80) | 5167 | 2.5% | 4.3% |
| 644 |  | 644 | 2 | 642 |  | 642 | U.S. | 509 |  | 509 | 26.5% | 26.1% |
| **$8793** | **$—** | **$8793** | **$(194)** | **$8987** | **$—** | **$8987** | **Total PMI** | **$8019** | **$(80)** | **$8099** | **8.6%** | **11.0%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>June 30,** | **2023** | **2023** | **2023** | **% Change** | **% Change** |
| $3015 | $— | $3015 | $(148) | $3163 | $— | $3163 | International Smoke-Free | $2756 | $— | $2756 | 9.4% | 14.8% |
| 5748 |  | 5748 | (211) | 5959 |  | 5959 | International Combustibles | 5641 |  | 5641 | 1.9% | 5.6% |
| 705 |  | 705 |  | 705 |  | 705 | U.S. | 570 |  | 570 | 23.7% | 23.7% |
| **$9468** | **$—** | **$9468** | **$(358)** | **$9826** | **$—** | **$9826** | **Total PMI** | **$8967** | **$—** | **$8967** | **5.6%** | **9.6%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **2023** | **2023** | **% Change** | **% Change** |
| $3101 | $— | $3101 | $(87) | $3189 | $— | $3189 | International Smoke-Free | $2865 | $— | $2865 | 8.2% | 11.3% |
| 6041 |  | 6041 | (200) | 6241 |  | 6241 | International Combustibles | 5784 |  | 5784 | 4.4% | 7.9% |
| 769 |  | 769 |  | 769 |  | 769 | U.S. | 492 |  | 492 | 56.3% | 56.4% |
| **$9911** | **$—** | **$9911** | **$(289)** | **$10200** | **$—** | **$10200** | **Total PMI** | **$9141** | **$—** | **$9141** | **8.4%** | **11.6%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** |
| $3159 | $— | $3159 | $7 | $3151 | $— | $3151 | International Smoke-Free | $3057 | $— | $3057 | 3.3% | 3.1% |
| 5720 |  | 5720 | (10) | 5730 |  | 5730 | International Combustibles | 5391 |  | 5391 | 6.1% | 6.3% |
| 827 |  | 827 | 2 | 826 |  | 826 | U.S. | 599 |  | 599 | 38.1% | 37.8% |
| **$9706** | **$—** | **$9706** | **$—** | **$9706** | **$—** | **$9706** | **Total PMI** | **$9047** | **$—** | **$9047** | **7.3%** | **7.3%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** |
| $12126 | $— | $12126 | $(333) | $12459 | $— | $12459 | International Smoke-Free | $11102 | $— | $11102 | 9.2% | 12.2% |
| 22807 |  | 22807 | (511) | 23319 |  | 23319 | International Combustibles | 21903 | (80) | 21983 | 3.8% | 6.1% |
| 2944 |  | 2944 | 3 | 2941 |  | 2941 | U.S. | 2169 |  | 2169 | 35.7% | 35.6% |
| **$37878** | **$—** | **$37878** | **$(841)** | **$38719** | **$—** | **$38719** | **Total PMI** | **$35174** | **$(80)** | **$35254** | **7.4%** | **9.8%** |
| (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East | (1) First-quarter and full year 2023 reflects a reduction in net revenues of $80 million related to the termination of a distribution arrangement in the Middle East |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 5** | **Schedule 5** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Gross Profit for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Gross<br>Profit** | **Currency** | **Gross Profit<br>excluding Currency** | **Acquisitions / Divestitures** | **Gross Profit excl. Currency & Acquisitions / Divestitures** |  | **Gross<br>Profit** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **% Change** | **% Change** | **% Change** |
| $1768 | $(108) | $1876 | $— | $1876 | International Smoke-Free | $1396 | 26.6% | 34.4% | 34.4% |
| 3407 | (79) | 3487 |  | 3487 | International Combustibles | 3339 | 2.1% | 4.4% | 4.4% |
| 429 | 1 | 428 |  | 428 | U.S. | 252 | 70.2% | 69.8% | 69.8% |
| **$5604** | **$(186)** | **$5790** | **$—** | **$5790** | **Total PMI** | **$4987** | **12.4%** | **16.1%** | **16.1%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>June 30,** | **2023** | **% Change** | **% Change** | **% Change** |
| $1916 | $(146) | $2062 | $— | $2062 | International Smoke-Free | $1760 | 8.9% | 17.2% | 17.2% |
| 3731 | (151) | 3882 | 12 | 3870 | International Combustibles | 3659 | 2.0% | 6.1% | 5.8% |
| 479 |  | 479 |  | 479 | U.S. | 326 | 47.1% | 47.2% | 47.2% |
| **$6127** | **$(296)** | **$6423** | **$12** | **$6411** | **Total PMI** | **$5744** | **6.7%** | **11.8%** | **11.6%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **% Change** | **% Change** | **% Change** |
| $2088 | $(81) | $2169 | $— | $2169 | International Smoke-Free | $1930 | 8.2% | 12.4% | 12.4% |
| 3919 | (144) | 4063 | 21 | 4042 | International Combustibles | 3705 | 5.8% | 9.7% | 9.1% |
| 541 |  | 541 |  | 541 | U.S. | 346 | 56.7% | 56.6% | 56.6% |
| **$6549** | **$(225)** | **$6774** | **$21** | **$6753** | **Total PMI** | **$5981** | **9.5%** | **13.3%** | **12.9%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **% Change** | **% Change** | **% Change** |
| $2058 | $(13) | $2071 | $— | $2071 | International Smoke-Free | $1935 | 6.3% | 7.0% | 7.0% |
| 3629 | (18) | 3648 | 14 | 3634 | International Combustibles | 3270 | 11.0% | 11.6% | 11.1% |
| 601 |  | 601 |  | 601 | U.S. | 382 | 57.5% | 57.4% | 57.4% |
| **$6288** | **$(32)** | **$6320** | **$14** | **$6306** | **Total PMI** | **$5586** | **12.6%** | **13.1%** | **12.9%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **% Change** | **% Change** | **% Change** |
| $7831 | $(347) | $8178 | $— | $8178 | International Smoke-Free | $7021 | 11.5% | 16.5% | 16.5% |
| 14687 | (393) | 15080 | 47 | 15033 | International Combustibles | 13972 | 5.1% | 7.9% | 7.6% |
| 2050 | 2 | 2049 |  | 2049 | U.S. | 1305 | 57.1% | 57.0% | 57.0% |
| **$24568** | **$(739)** | **$25307** | **$47** | **$25260** | **Total PMI** | **$22298** | **10.2%** | **13.5%** | **13.3%** |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | **Schedule 6 (1/2)** | **Schedule 6 (1/2)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Gross<br>Profit** | **Special<br>Items<br>(1)** | **Adjusted<br>Gross<br>Profit** | **Currency** | **Adjusted Gross Profit<br>excluding Currency** | **Acquisitions / Divestitures** | **Adjusted Gross Profit excl. Currency & Acquisitions / Divestitures** |  | **Gross<br>Profit** | **Special<br>Items<br>(1)** | **Adjusted<br>Gross<br>Profit** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $1768 | $(1) | $1769 | $(108) | $1877 | $— | $1877 | International Smoke-Free | $1396 | $(1) | $1397 | 26.6% | 34.3% | 34.3% |
| 3407 |  | 3407 | (79) | 3487 |  | 3487 | International Combustibles | 3339 | (80) | 3419 | (0.3)% | 2.0% | 2.0% |
| 429 | (16) | 445 | 1 | 443 |  | 443 | U.S. | 252 | (39) | 291 | 52.7% | 52.3% | 52.3% |
| **$5604** | **$(16)** | **$5620** | **$(186)** | **$5806** | **$—** | **$5806** | **Total PMI** | **$4987** | **$(120)** | **$5107** | **10.0%** | **13.7%** | **13.7%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>June 30,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $1916 | $(1) | $1917 | $(146) | $2063 | $— | $2063 | International Smoke-Free | $1760 | $(1) | $1761 | 8.9% | 17.2% | 17.2% |
| 3731 |  | 3731 | (151) | 3882 | 12 | 3870 | International Combustibles | 3659 |  | 3659 | 2.0% | 6.1% | 5.8% |
| 479 | (15) | 494 |  | 494 |  | 494 | U.S. | 326 | (21) | 347 | 42.5% | 42.5% | 42.5% |
| **$6127** | **$(16)** | **$6143** | **$(296)** | **$6439** | **$12** | **$6427** | **Total PMI** | **$5744** | **$(22)** | **$5766** | **6.5%** | **11.7%** | **11.5%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $2088 | $(1) | $2089 | $(81) | $2170 | $— | $2170 | International Smoke-Free | $1930 | $(1) | $1931 | 8.2% | 12.4% | 12.4% |
| 3919 |  | 3919 | (144) | 4063 | 21 | 4042 | International Combustibles | 3705 | (10) | 3715 | 5.5% | 9.4% | 8.8% |
| 541 | (13) | 555 |  | 555 |  | 555 | U.S. | 346 | 1 | 344 | 61.2% | 61.1% | 61.1% |
| **$6549** | **$(14)** | **$6563** | **$(225)** | **$6788** | **$21** | **$6767** | **Total PMI** | **$5981** | **$(10)** | **$5991** | **9.5%** | **13.3%** | **13.0%** |
| (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 first-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 first-quarter includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles, reflected as a reduction to net revenues), Swedish Match AB acquisition accounting related items ($18 million in U.S., reflected in cost of good sold) and amortization of intangibles ($21 million in U.S., and $1 million in International Smoke-Free, reflected in cost of goods sold)<br>2024 second-quarter and 2023 second-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold.<br>2024 third-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 third-quarter includes charges related to the war in Ukraine ($10 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($1 million in International Smoke-free and $1 million reduction in U.S.).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | **Schedule 6 (2/2)** | **Schedule 6 (2/2)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Gross Profit to Adjusted Gross Profit, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Gross<br>Profit** | **Special<br>Items<br>(1)** | **Adjusted<br>Gross<br>Profit** | **Currency** | **Adjusted Gross Profit<br>excluding Currency** | **Acquisitions / Divestitures** | **Adjusted Gross Profit excl. Currency & Acquisitions / Divestitures** |  | **Gross<br>Profit** | **Special<br>Items<br>(1)** | **Adjusted<br>Gross<br>Profit** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $2058 | $(1) | $2058 | $(13) | $2072 | $— | $2072 | International Smoke-Free | $1935 | $— | $1936 | 6.3% | 7.0% | 7.0% |
| 3629 |  | 3629 | (18) | 3648 | 14 | 3634 | International Combustibles | 3270 | (4) | 3274 | 10.9% | 11.4% | 11.0% |
| 601 | (5) | 606 |  | 605 |  | 605 | U.S. | 382 | (15) | 396 | 52.8% | 52.7% | 52.7% |
| **$6288** | **$(5)** | **$6293** | **$(32)** | **$6325** | **$14** | **$6311** | **Total PMI** | **$5586** | **$(18)** | **$5604** | **12.3%** | **12.9%** | **12.6%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $7831 | $(2) | $7833 | $(347) | $8181 | $— | $8181 | International Smoke-Free | $7021 | $(3) | $7024 | 11.5% | 16.5% | 16.5% |
| 14687 |  | 14687 | (393) | 15080 | 47 | 15033 | International Combustibles | 13972 | (94) | 14066 | 4.4% | 7.2% | 6.9% |
| 2050 | (49) | 2099 | 2 | 2098 |  | 2098 | U.S. | 1305 | (74) | 1379 | 52.3% | 52.2% | 52.2% |
| **$24568** | **$(51)** | **$24619** | **$(739)** | **$25358** | **$47** | **$25311** | **Total PMI** | **$22298** | **$(170)** | **$22468** | **9.6%** | **12.9%** | **12.7%** |
| (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | (1) 2024 fourth-quarter reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 fourth-quarter includes charges related to the war in Ukraine ($4 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($15 million in U.S.).<br>2024 full-year reflects amortization of intangibles, all amounts are related to cost of goods sold. 2023 full-year includes termination of distribution arrangement in the Middle East ($80 million in International Combustibles), Swedish Match AB acquisition accounting related items ($18 million in U.S.), charges related to the war in Ukraine ($13 million in International Combustibles) and mainly amortization of intangibles in cost of goods sold ($56 million in U.S. and $3 million in International Smoke-Free).<br>Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 7** | **Schedule 7** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Gross Profit Margin, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Adjusted Gross Profit<br>(1)** | **Adjusted<br>Net Revenues<br>(2)** | **Adjusted Gross Profit<br>Margin** | **Adjusted Gross Profit<br>excluding Currency<br>(1)** | **Adjusted<br>Net Revenues excluding Currency<br>(2)** | **Adjusted Gross Profit Margin excluding Currency** | **Adjusted Gross Profit excluding Currency <br>& Acqui-sitions / Divestitures<br>(1)** | **Adjusted<br>Net Revenues excluding Currency <br>& Acqui-sitions / Divestitures<br>(2)** | **Adjusted Gross Profit Margin excluding Currency <br>& Acqui-sitions / Divestitures** |  | **Adjusted Gross Profit<br>(1)** | **Adjusted<br>Net Revenues<br>(2)** | **Adjusted Gross Profit<br>Margin** | **Adjusted Gross Profit<br>Margin** | **Adjusted Gross Profit Margin excluding Currency** | **Adjusted Gross Profit Margin excluding Currency <br>& Acqui-sitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $1769 | $2850 | 62.1% | $1877 | $2956 | 63.5% | $1877 | $2956 | 63.5% | International Smoke-Free | $1397 | $2423 | 57.7% | 4.4 | 5.8 | 5.8 |
| 3407 | 5299 | 64.3% | 3487 | 5389 | 64.7% | 3487 | 5389 | 64.7% | International Combustibles | 3419 | 5167 | 66.2% | (1.9) | (1.5) | (1.5) |
| 445 | 644 | 69.1% | 443 | 642 | 69.1% | 443 | 642 | 69.1% | U.S. | 291 | 509 | 57.2% | 11.9 | 11.9 | 11.9 |
| **$5620** | **$8793** | **63.9%** | **$5806** | **$8987** | **64.6%** | **$5806** | **$8987** | **64.6%** | **Total PMI** | **$5107** | **$8099** | **63.1%** | **0.8** | **1.5** | **1.5** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>June 30,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $1917 | $3015 | 63.6% | $2063 | $3163 | 65.2% | $2063 | $3163 | 65.2% | International Smoke-Free | $1761 | $2756 | 63.9% | (0.3) | 1.3 | 1.3 |
| 3731 | 5748 | 64.9% | 3882 | 5959 | 65.1% | 3870 | 5959 | 64.9% | International Combustibles | 3659 | 5641 | 64.9% |  | 0.2 |  |
| 494 | 705 | 70.1% | 494 | 705 | 70.1% | 494 | 705 | 70.1% | U.S. | 347 | 570 | 60.9% | 9.2 | 9.2 | 9.2 |
| **$6143** | **$9468** | **64.9%** | **$6439** | **$9826** | **65.5%** | **$6427** | **$9826** | **65.4%** | **Total PMI** | **$5766** | **$8967** | **64.3%** | **0.6** | **1.2** | **1.1** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $2089 | $3101 | 67.4% | $2170 | $3189 | 68.1% | $2170 | $3189 | 68.1% | International Smoke-Free | $1931 | $2865 | 67.4% |  | 0.7 | 0.7 |
| 3919 | 6041 | 64.9% | 4063 | 6241 | 65.1% | 4042 | 6241 | 64.8% | International Combustibles | 3715 | 5784 | 64.2% | 0.7 | 0.9 | 0.6 |
| 555 | 769 | 72.2% | 555 | 769 | 72.1% | 555 | 769 | 72.1% | U.S. | 344 | 492 | 70.0% | 2.2 | 2.1 | 2.1 |
| **$6563** | **$9911** | **66.2%** | **$6788** | **$10200** | **66.5%** | **$6767** | **$10200** | **66.3%** | **Total PMI** | **$5991** | **$9141** | **65.5%** | **0.7** | **1.0** | **0.8** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $2058 | $3159 | 65.2% | $2072 | $3151 | 65.7% | $2072 | $3151 | 65.7% | International Smoke-Free | $1936 | $3057 | 63.3% | 1.9 | 2.4 | 2.4 |
| 3629 | 5720 | 63.5% | 3648 | 5730 | 63.7% | 3634 | 5730 | 63.4% | International Combustibles | 3274 | 5391 | 60.7% | 2.8 | 3.0 | 2.7 |
| 606 | 827 | 73.2% | 605 | 826 | 73.3% | 605 | 826 | 73.3% | U.S. | 396 | 599 | 66.2% | 7.0 | 7.1 | 7.1 |
| **$6293** | **$9706** | **64.8%** | **$6325** | **$9706** | **65.2%** | **$6311** | **$9706** | **65.0%** | **Total PMI** | **$5604** | **$9047** | **61.9%** | **2.9** | **3.3** | **3.1** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $7833 | $12126 | 64.6% | $8181 | $12459 | 65.7% | $8181 | $12459 | 65.7% | International Smoke-Free | $7024 | $11102 | 63.3% | 1.3 | 2.4 | 2.4 |
| 14687 | 22807 | 64.4% | 15080 | 23319 | 64.7% | 15033 | 23319 | 64.5% | International Combustibles | 14066 | 21983 | 64.0% | 0.4 | 0.7 | 0.5 |
| 2099 | 2944 | 71.3% | 2098 | 2941 | 71.3% | 2098 | 2941 | 71.3% | U.S. | 1379 | 2169 | 63.5% | 7.8 | 7.8 | 7.8 |
| **$24619** | **$37878** | **65.0%** | **$25358** | **$38719** | **65.5%** | **$25311** | **$38719** | **65.4%** | **Total PMI** | **$22468** | **$35254** | **63.7%** | **1.3** | **1.8** | **1.7** |
| (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 | (1) For the calculation of Adjusted Gross Profit, Adjusted Gross Profit excluding currency and Adjusted Gross Profit excluding currency and acquisitions/divestitures, refer to Schedule 6 |
| (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 |

---

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | **Schedule 8** | **Schedule 8** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** | **Adjustments of Operating Companies Income for the Impact of Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Operating Companies Income (Loss)** | **Currency** | **Operating Companies Income excluding Currency** | **Acquisitions / Divestitures** | **Operating Companies Income excluding Currency & Acquisitions / Divestitures** |  | **Operating Companies Income (Loss)** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **% Change** | **% Change** | **% Change** |
| $3355 | $(195) | $3550 | $— | $3550 | International | $2800 | 19.8% | 26.8% | 26.8% |
| 22 | (1) | 23 |  | 23 | U.S. | 94 | (76.8)% | (75.7)% | (75.7)% |
| **$3377** | **$(196)** | **$3573** | **$—** | **$3573** | **Total PMI** | **$2894** | **16.7%** | **23.5%** | **23.5%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>June 30,** | **2023** | **% Change** | **% Change** | **% Change** |
| $3523 | $(263) | $3786 | $12 | $3774 | International | $3214 | 9.6% | 17.8% | 17.4% |
| 88 |  | 89 |  | 89 | U.S. | (553) | +100% | +100% | +100% |
| **$3611** | **$(264)** | **$3875** | **$12** | **$3863** | **Total PMI** | **$2661** | **35.7%** | **45.6%** | **45.2%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **% Change** | **% Change** | **% Change** |
| $3883 | $(200) | $4083 | $21 | $4062 | International | $3513 | 10.6% | 16.2% | 15.6% |
| (114) |  | (115) |  | (115) | U.S. | 52 | -(100)% | -(100)% | -(100)% |
| **$3770** | **$(199)** | **$3969** | **$21** | **$3948** | **Total PMI** | **$3563** | **5.8%** | **11.4%** | **10.8%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **% Change** | **% Change** | **% Change** |
| $3326 | $(57) | $3383 | $15 | $3368 | International | $3063 | 8.6% | 10.4% | 9.9% |
| 63 | (4) | 67 |  | 67 | U.S. | 82 | (23.1)% | (18.3)% | (18.3)% |
| **$3389** | **$(61)** | **$3450** | **$15** | **$3435** | **Total PMI** | **$3146** | **7.7%** | **9.7%** | **9.2%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **% Change** | **% Change** | **% Change** |
| $14088 | $(715) | $14802 | $48 | $14754 | International | $12590 | 11.9% | 17.6% | 17.2% |
| 59 | (5) | 65 |  | 65 | U.S. | (325) | +100% | +100% | +100% |
| **$14147** | **$(720)** | **$14867** | **$48** | **$14819** | **Total PMI** | **$12264** | **15.4%** | **21.2%** | **20.8%** |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | **Schedule 9** | **Schedule 9** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Operating Companies Income to Adjusted Operating Companies Income, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Operating Companies Income (Loss)** | **Special<br>Items<br>(1)** | **Adjusted<br>Operating Companies Income** | **Currency** | **Adjusted Operating Companies Income<br>excluding Currency** | **Acquisitions / Divestitures** | **Adjusted Operating Companies Income excl. Currency & Acquisitions / Divestitures** |  | **Operating Companies Income (Loss)** | **Special<br>Items<br>(1)** | **Adjusted<br>Operating Companies Income** | **Total** | **Excluding Currency** | **Excluding Currency & Acquisitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $3355 | $(57) | $3412 | $(195) | $3607 | $— | $3607 | International | $2800 | $(225) | $3024 | 12.8% | 19.3% | 19.3% |
| 22 | (220) | 242 | (1) | 243 |  | 243 | U.S. | 94 | (63) | 157 | 53.7% | 54.3% | 54.3% |
| **$3377** | **$(277)** | **$3654** | **$(196)** | **$3850** | **$—** | **$3850** | **Total PMI** | **$2894** | **$(288)** | **$3182** | **14.8%** | **21.0%** | **21.0%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>June 30,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $3523 | $(47) | $3570 | $(263) | $3833 | $12 | $3821 | International | $3214 | $(240) | $3454 | 3.4% | 11.0% | 10.6% |
| 88 | (165) | 253 |  | 254 |  | 254 | U.S. | (553) | (726) | 173 | 46.5% | 46.8% | 46.8% |
| **$3611** | **$(212)** | **$3823** | **$(264)** | **$4087** | **$12** | **$4075** | **Total PMI** | **$2661** | **$(966)** | **$3627** | **5.4%** | **12.7%** | **12.4%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $3883 | $(92) | $3975 | $(200) | $4175 | $21 | $4154 | International | $3513 | $(235) | $3748 | 6.1% | 11.4% | 10.8% |
| (114) | (407) | 293 |  | 293 |  | 293 | U.S. | 52 | (129) | 181 | 62.0% | 62.0% | 62.0% |
| **$3770** | **$(499)** | **$4269** | **$(199)** | **$4468** | **$21** | **$4447** | **Total PMI** | **$3563** | **$(364)** | **$3927** | **8.7%** | **13.8%** | **13.2%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $3326 | $(47) | $3372 | $(57) | $3429 | $15 | $3414 | International | $3063 | $(80) | $3143 | 7.3% | 9.1% | 8.6% |
| 63 | (213) | 277 | (4) | 281 |  | 281 | U.S. | 82 | (83) | 165 | 67.8% | 70.2% | 70.2% |
| **$3389** | **$(260)** | **$3649** | **$(61)** | **$3710** | **$15** | **$3695** | **Total PMI** | **$3146** | **$(163)** | **$3309** | **10.3%** | **12.1%** | **11.7%** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Change** | **% Change** | **% Change** |
| $14088 | $(242) | $14329 | $(715) | $15044 | $48 | $14996 | International | $12590 | $(780) | $13369 | 7.2% | 12.5% | 12.2% |
| 59 | (1006) | 1065 | (5) | 1070 |  | 1070 | U.S. | (325) | (1001) | 676 | 57.5% | 58.3% | 58.3% |
| **$14147** | **$(1248)** | **$15395** | **$(720)** | **$16115** | **$48** | **$16067** | **Total PMI** | **$12264** | **$(1781)** | **$14045** | **9.6%** | **14.7%** | **14.4%** |
| (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 | (1) For details on Special Items, refer to Schedule 12 |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 10** | **Schedule 10** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** | **Reconciliation of Adjusted Operating Companies Income Margin, excluding Currency and Acquisitions/Divestitures** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
| **Adjusted Operating Companies Income<br>(1)** | **Adjusted<br>Net Revenues<br>(2)** | **Adjusted Operating Companies Income<br>Margin** | **Adjusted Operating Companies Income<br>excluding Currency<br>(1)** | **Adjusted<br>Net Revenues excluding Currency<br>(2)** | **Adjusted Operating Companies Income Margin excluding Currency** | **Adjusted Operating Companies Income excluding Currency <br>& Acqui-sitions / Divestitures<br>(1)** | **Adjusted<br>Net Revenues excluding Currency <br>& Acqui-sitions / Divestitures<br>(2)** | **Adjusted Operating Companies Income Margin excluding Currency <br>& Acqui-sitions / Divestitures** |  | **Adjusted Operating Companies Income<br>(1)** | **Adjusted<br>Net Revenues<br>(2)** | **Adjusted Operating Companies Income<br>Margin** | **Adjusted Operating Companies Income<br>Margin** | **Adjusted Operating Companies Income Margin excluding Currency** | **Adjusted Operating Companies Income Margin excluding Currency <br>& Acqui-sitions / Divestitures** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>March 31,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $3412 | $8149 | 41.9% | $3607 | $8345 | 43.2% | $3607 | $8345 | 43.2% | International | $3024 | $7590 | 39.8% | 2.1 | 3.4 | 3.4 |
| 242 | 644 | 37.6% | 243 | 642 | 37.9% | 243 | 642 | 37.9% | U.S. | 157 | 509 | 31.0% | 6.6 | 6.9 | 6.9 |
| **$3654** | **$8793** | **41.6%** | **$3850** | **$8987** | **42.8%** | **$3850** | **$8987** | **42.8%** | **Total PMI** | **$3182** | **$8099** | **39.3%** | **2.3** | **3.5** | **3.5** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended <br>June 30,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $3570 | $8764 | 40.7% | $3833 | $9122 | 42.0% | $3821 | $9122 | 41.9% | International | $3454 | $8398 | 41.1% | (0.4) | 0.9 | 0.8 |
| 253 | 705 | 35.9% | 254 | 705 | 36.0% | 254 | 705 | 36.0% | U.S. | 173 | 570 | 30.3% | 5.6 | 5.7 | 5.7 |
| **$3823** | **$9468** | **40.4%** | **$4087** | **$9826** | **41.6%** | **$4075** | **$9826** | **41.5%** | **Total PMI** | **$3627** | **$8967** | **40.4%** | **—** | **1.2** | **1.1** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>September 30,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $3975 | $9142 | 43.5% | $4175 | $9430 | 44.3% | $4154 | $9430 | 44.1% | International | $3748 | $8649 | 43.3% | 0.2 | 1.0 | 0.8 |
| 293 | 769 | 38.1% | 293 | 769 | 38.1% | 293 | 769 | 38.1% | U.S. | 181 | 492 | 36.8% | 1.3 | 1.3 | 1.3 |
| **$4269** | **$9911** | **43.1%** | **$4468** | **$10200** | **43.8%** | **$4447** | **$10200** | **43.6%** | **Total PMI** | **$3927** | **$9141** | **43.0%** | **0.1** | **0.8** | **0.6** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Quarters Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $3372 | $8878 | 38.0% | $3429 | $8881 | 38.6% | $3414 | $8881 | 38.4% | International | $3143 | $8448 | 37.2% | 0.8 | 1.4 | 1.2 |
| 277 | 827 | 33.5% | 281 | 826 | 34.0% | 281 | 826 | 34.0% | U.S. | 165 | 599 | 27.5% | 6.0 | 6.5 | 6.5 |
| **$3649** | **$9706** | **37.6%** | **$3710** | **$9706** | **38.2%** | **$3695** | **$9706** | **38.1%** | **Total PMI** | **$3309** | **$9047** | **36.6%** | **1.0** | **1.6** | **1.5** |
| **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **2024** | **Years Ended<br>December 31,** | **2023** | **2023** | **2023** | **% Points Change** | **% Points Change** | **% Points Change** |
| $14329 | $34933 | 41.0% | $15044 | $35778 | 42.0% | $14996 | $35778 | 41.9% | International | $13369 | $33084 | 40.4% | 0.6 | 1.6 | 1.5 |
| 1065 | 2944 | 36.2% | 1070 | 2941 | 36.4% | 1070 | 2941 | 36.4% | U.S. | 676 | 2169 | 31.2% | 5.0 | 5.2 | 5.2 |
| **$15395** | **$37878** | **40.6%** | **$16115** | **$38719** | **41.6%** | **$16067** | **$38719** | **41.5%** | **Total PMI** | **$14045** | **$35254** | **39.8%** | **0.8** | **1.8** | **1.7** |
| (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 | (1) For the calculation of Adjusted Operating Companies Income, Adjusted Operating Companies Income excluding currency and Adjusted Operating Companies Income excluding currency and acquisitions/divestitures, refer to <br>Schedule 9 |
| (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 | (2) For the calculation of Adjusted Net Revenues, Adjusted Net Revenues excluding currency and Adjusted Net Revenues excluding currency and acquisitions/divestitures, refer to Schedules 3 and 4 |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | **Schedule 11** | **Schedule 11** | **Schedule 11** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |  |
| **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** | **Net Revenues, Gross Profit and Operating Companies Income: Price, Volume/Mix and Cost/Other Variances** |  |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |  |
|  | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** | **2024 vs. 2023** |
|  | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** | **Price** | **Volume/Mix** | **Cost/Other** |
| **Net Revenues** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | $61 | $472 | $— | $63 | $343 | $— | $39 | $284 | $— | $(29) | $123 | $— | $135 | $1222 | $— |
| International Combustibles | 382 | (161) | 81 | 493 | (175) | 0 | 577 | (117) | (2) | 459 | (118) | (2) | 1912 | (571) | 76 |
| U.S. | 5 | 154 | (27) | 26 | 134 | (25) | 72 | 155 | 50 | 53 | 174 | 0 | 156 | 618 | (2) |
| **Total PMI** | **$449** | **$464** | **$55** | **$583** | **$303** | **$(27)** | **$689** | **$322** | **$48** | **$482** | **$179** | **$(2)** | **$2203** | **$1268** | **$74** |
| **Gross Profit** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International Smoke-Free | $61 | $375 | $44 | $63 | $224 | $14 | $39 | $176 | $24 | $(29) | $101 | $64 | $135 | $875 | $146 |
| International Combustibles | 382 | (219) | (15) | 493 | (188) | (94) | 577 | (153) | (87) | 459 | (106) | 11 | 1912 | (665) | (185) |
| U.S. | 5 | 140 | 31 | 26 | 121 | 6 | 72 | 140 | (16) | 53 | 154 | 13 | 156 | 555 | 34 |
| **Total PMI** | **$449** | **$295** | **$59** | **$583** | **$158** | **$(74)** | **$689** | **$163** | **$(80)** | **$482** | **$148** | **$90** | **$2203** | **$764** | **$(5)** |
| **Operating Companies Income** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| International | $444 | $156 | $151 | $557 | $37 | $(33) | $617 | $23 | $(90) | $430 | $(5) | $(120) | $2047 | $210 | $(92) |
| U.S. | 5 | 140 | (216) | 26 | 121 | 495 | 72 | 140 | (378) | 53 | 154 | (221) | 156 | 555 | (321) |
| **Total PMI** | **$449** | **$295** | **$(65)** | **$583** | **$158** | **$461** | **$689** | **$163** | **$(467)** | **$482** | **$148** | **$(341)** | **$2203** | **$764** | **$(412)** |
| Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of segments might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | **Schedule 12 (1/2)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** | **Reconciliation of Reported Operating Companies Income to Adjusted Operating Companies Income** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
|  | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Year Ended** |
|  | **March 31,** | **June 30,** | **September 30,** | **December 31,** | **December 31,** |
|  | **2024** | **2024** | **2024** | **2024** | **2024** |
| **PMI** |  |  |  |  |  |
| **Operating Companies Income** | **$3377** | **$3611** | **$3770** | **$3389** | **$14147** |
| Amortization of intangibles | (120) | (212) | (256) | (247) | (835) |
| Impairment of other intangibles | (27) |  |  |  | (27) |
| Restructuring charges | (130) |  |  | (12) | (142) |
| Egypt sales tax charge |  |  | (45) |  | (45) |
| Loss on sale of Vectura Group |  |  | (198) | (1) | (199) |
| **Adjusted Operating Companies Income** | **$3654** | **$3823** | **$4269** | **$3649** | **$15395** |
| **International** |  |  |  |  |  |
| **Operating Companies Income** | **$3355** | **$3523** | **$3883** | **$3326** | **$14088** |
| Amortization of intangibles | (48) | (47) | (46) | (47) | (188) |
| Restructuring charges | (9) |  |  |  | (9) |
| Egypt sales tax charge |  |  | (45) |  | (45) |
| **Adjusted Operating Companies Income** | **$3412** | **$3570** | **$3975** | **$3372** | **$14329** |
| **U.S.** |  |  |  |  |  |
| **Operating Companies Income** | **$22** | **$88** | **$(114)** | **$63** | **$59** |
| Amortization of intangibles | (73) | (165) | (209) | (201) | (648) |
| Impairment of other intangibles | (26) |  |  |  | (26) |
| Restructuring charges | (121) |  |  | (12) | (133) |
| Loss on sale of Vectura Group |  |  | (198) | (1) | (199) |
| **Adjusted Operating Companies Income** | **$242** | **$253** | **$293** | **$277** | **$1065** |
| Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | **Schedule 12 (2/2)** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** | **Reconciliation of Reported Operating Income to Adjusted Operating Income** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
|  | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Quarter Ended** | **Year Ended** |
|  | **March 31,** | **June 30,** | **September 30,** | **December 31,** | **December 31,** |
|  | **2023** | **2023** | **2023** | **2023** | **2023** |
| **PMI** |  |  |  |  |  |
| **Operating Companies Income** | **$2894** | **$2661** | **$3563** | **$3146** | **$12264** |
| Amortization of intangibles | (81) | (82) | (205) | (129) | (497) |
| Impairment of goodwill and other intangibles |  | (680) |  |  | (680) |
| Restructuring charges | (109) |  |  |  | (109) |
| Termination of distribution arrangement in the Middle East | (80) |  |  |  | (80) |
| Charges related to the war in Ukraine |  |  | (19) | (34) | (53) |
| Swedish Match AB acquisition accounting related items | (18) |  |  |  | (18) |
| South Korea Indirect Tax Charge |  | (204) |  |  | (204) |
| Termination of agreement with Foundation for a Smoke-Free World |  |  | (140) |  | (140) |
| **Adjusted Operating Companies Income** | **$3182** | **$3627** | **$3927** | **$3309** | **$14045** |
| **International** |  |  |  |  |  |
| **Operating Companies Income** | **$2800** | **$3214** | **$3513** | **$3063** | **$12590** |
| Amortization of intangibles | (35) | (35) | (77) | (46) | (194) |
| Restructuring charges | (109) |  |  |  | (109) |
| Termination of distribution arrangement in the Middle East | (80) |  |  |  | (80) |
| Charges related to the war in Ukraine |  |  | (19) | (34) | (53) |
| South Korea Indirect Tax Charge |  | (204) |  |  | (204) |
| Termination of agreement with Foundation for a Smoke-Free World |  |  | (140) |  | (140) |
| **Adjusted Operating Companies Income** | **$3024** | **$3454** | **$3748** | **$3143** | **$13369** |
| **U.S.** |  |  |  |  |  |
| **Operating Companies Income** | **$94** | **$(553)** | **$52** | **$82** | **$(325)** |
| Amortization of intangibles | (45) | (46) | (129) | (83) | (303) |
| Impairment of goodwill and other intangibles |  | (680) |  |  | (680) |
| Swedish Match AB acquisition accounting related items | (18) |  |  |  | (18) |
| **Adjusted Operating Companies Income** | **$157** | **$173** | **$181** | **$165** | **$676** |
| Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. | Note: Sum of International and U.S. or special items might not foot to total PMI due to roundings. "-" indicates amounts between -$0.5 million and +$0.5 million. |

---

------

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | | | | **Schedule 13** | **Schedule 13** |
| PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries | PHILIP MORRIS INTERNATIONAL INC. and Subsidiaries |
| Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures | Reconciliation of Non-GAAP Measures |
| **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** | **Reconciliation of Operating Companies Income to Operating Income** |
| ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) | ($ in millions) / (Unaudited) |
|  | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>March 31** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>June 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>September 30** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Quarters Ended <br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** | **Years Ended<br>December 31** |
|  | **2024** | **2023** | **Change<br>Fav./(Unfav.)** | **2024** | **2023** | **Change<br>Fav./(Unfav.)** | **2024** | **2023** | **Change<br>Fav./(Unfav.)** | **2024** | **2023** | **Change<br>Fav./(Unfav.)** | **2024** | **2023** | **Change<br>Fav./(Unfav.)** |
| Net Revenues | $8793 | $8019 | 9.7% | $9468 | $8967 | 5.6% | $9911 | $9141 | 8.4% | $9706 | $9047 | 7.3% | $37878 | $35174 | 7.7% |
| Less: Cost of sales | 3189 | 3032 | (5.2)% | 3341 | 3223 | (3.7)% | 3362 | 3160 | (6.4)% | 3418 | 3461 | 1.2% | 13310 | 12876 | (3.4)% |
| **Gross profit** | **5604** | **4987** | **12.4%** | **6127** | **5744** | **6.7%** | **6549** | **5981** | **9.5%** | **6288** | **5586** | **12.6%** | **24568** | **22298** | **10.2%** |
| Less: Marketing, administration and research costs<sup>(1)</sup> | 2227 | 2093 | (6.4)% | 2516 | 2418 | (4.1)% | 2779 | 2418 | (14.9)% | 2899 | 2440 | (18.8)% | 10421 | 9369 | (11.2)% |
| Impairment of goodwill |  |  | —% |  | 665 | 100.0% |  |  | —% |  |  | —% |  | 665 | 100.0% |
| **Operating Companies Income** | **3377** | **2894** | **16.7%** | **3611** | **2661** | **35.7%** | **3770** | **3563** | **5.8%** | **3389** | **3146** | **7.7%** | **14147** | **12264** | **15.4%** |
| Less: Corporate Expenses and Other | 332 | 163 | -(100)% | 167 | 95 | (75.8)% | 116 | 193 | 39.9% | 130 | 257 | 49.4% | 745 | 708 | (5.2)% |
| **Operating Income** | **$3045** | **$2731** | **11.5%** | **$3444** | **$2566** | **34.2%** | **$3654** | **$3370** | **8.4%** | **$3259** | **$2889** | **12.8%** | **$13402** | **$11556** | **16.0%** |
| (1) excluding Corporate Expenses and Other | (1) excluding Corporate Expenses and Other | (1) excluding Corporate Expenses and Other |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

<br>