Philip Morris International to Present at 2024 CAGNY Conference

Rhea-AI Summary

Philip Morris International Inc. to host a live webcast at the Consumer Analyst Group of New York Conference, showcasing their smoke-free future initiatives and recent acquisitions.

STAMFORD, CT--(BUSINESS WIRE)-- Regulatory News:

Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast of a presentation by Jacek Olczak, Chief Executive Officer, and Emmanuel Babeau, Chief Financial Officer, at the Consumer Analyst Group of New York (CAGNY) Conference on Wednesday, February 21, 2024, at 10:00 a.m. ET.

The live webcast and presentation slides will be available at www.pmi.com/2024cagny. The webcast replay will be available at the same link until Friday, March 22, 2024.

The webcast may also be accessed on mobile devices by downloading PMI’s Investor Relations App at www.pmi.com/irapp.

Philip Morris International: Delivering a Smoke-Free Future

Philip Morris International (PMI) is a leading international tobacco company, actively delivering a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested $12.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. In 2022, PMI acquired Swedish Match – a leader in oral nicotine delivery – creating a global smoke-free champion led by the companies’ IQOS and ZYN brands. The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS Platform 1 devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products. As of December 31, 2023, PMI's smoke-free products were available for sale in 84 markets, and PMI estimates that approximately 20.8 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 37% of PMI’s total full-year 2023 net revenues. With a strong foundation and significant expertise in life sciences, PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and, through its Vectura Fertin Pharma business, aims to enhance life through the delivery of seamless health experiences. For more information, please visit www.pmi.com and www.pmiscience.com.

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Philip Morris International

Investor Relations:

Stamford, CT: +1 (203) 905 2413

Lausanne: +41 (0) 58 242 4666

Email: InvestorRelations@pmi.com



Media: David Fraser

Lausanne: +41 (0)58 242 4500

Email: David.Fraser@pmi.com

Source: Philip Morris International

When will Philip Morris International host the live webcast at the CAGNY Conference?

Philip Morris International will host the live webcast on Wednesday, February 21, 2024, at 10:00 a.m. ET.

What is the goal of PMI's smoke-free products?

The goal of PMI's smoke-free products is to completely end the sale of cigarettes by providing innovative alternatives for adult smokers.

How many markets were PMI's smoke-free products available in as of December 31, 2023?

As of December 31, 2023, PMI's smoke-free products were available for sale in 84 markets.

What percentage of PMI's total full-year 2023 net revenues came from smoke-free products?

Smoke-free products accounted for approximately 37% of PMI's total full-year 2023 net revenues.

What was the major acquisition made by PMI in 2022?

In 2022, PMI acquired Swedish Match, a leader in oral nicotine delivery, creating a global smoke-free champion.

What is PMI's ambition announced in February 2021?

PMI announced its ambition to expand into wellness and healthcare areas, aiming to enhance life through the delivery of seamless health experiences.

Where can the live webcast and presentation slides be accessed?

The live webcast and presentation slides will be available at www.pmi.com/2024cagny.

How can the webcast replay be accessed?

The webcast replay will be available at the same link until Friday, March 22, 2024.

What are the contact details for PMI Investor Relations?

Investor Relations contact numbers are: Stamford, CT: +1 (203) 905 2413, Lausanne: +41 (0) 58 242 4666, Email: InvestorRelations@pmi.com.

Who is the contact person for media inquiries at PMI?

David Fraser is the contact person for media inquiries at PMI. Contact details: Lausanne: +41 (0)58 242 4500, Email: David.Fraser@pmi.com.