Mondelez International : 2020 RBC Capital Markets' Consumer & Retail Conference Forward Looking Statement

FORWARD-LOOKING STATEMENTS

Remarks by management may contain a number of forward-looking statements. Words, and variations of words, such as "will," "expect," "may," "believe," "intend," "anticipate," "aim," "plan" and similar expressions are intended to identify our forward-looking statements, including, but not limited to, statements about: the impact of the recent outbreak of COVID-19 on us; confidence in our strategic priorities and ability to manage through the COVID-19 pandemic; our future performance, including our future revenue growth, earnings and cash flow; currency and the effect of currency translation on our results of operations; our strategy of accelerating consumer-centric growth, driving operational excellence and creating a winning growth culture; consumption and demand trends; category growth; market share; economic conditions; our investments and the results and potential of those investments; the cost environment and our cost mitigation efforts; demand for our products; our simplification efforts; revenue management; e-commerce; strategic transactions; our capital allocation priorities; and our long-term financial algorithm. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, and many of these risks and uncertainties are currently amplified by and may continue to be amplified by the COVID-19 outbreak. Important factors that could cause our actual results to differ materially from those indicated in our forward-looking statements include, but are not limited to, uncertainty about the magnitude, duration, geographic reach, impact on the global economy and related current and potential travel restrictions of the COVID-19 outbreak; the current, and uncertain future, impact of the COVID-19 outbreak on our business, growth, reputation, prospects, financial condition, operating results (including components of our financial results), cash flows and liquidity; risks from operating globally including in emerging markets; changes in currency exchange rates, controls and restrictions; continued volatility of commodity and other input costs; weakness in economic conditions; weakness in consumer spending; pricing actions; tax matters including changes in tax rates and laws, disagreements with taxing authorities and imposition of new taxes; use of information technology and third party service providers; unanticipated disruptions to our business, such as the malware incident, cyberattacks or other security breaches; global or regional health pandemics or epidemics, including COVID-19; competition; protection of our reputation and brand image; our ability to innovate and differentiate our products; the restructuring program and our other transformation initiatives not yielding the anticipated benefits; changes in the assumptions on which the restructuring program is based; management of our workforce; consolidation of retail customers and competition with retailer and other economy brands; changes in our relationships with suppliers or customers; legal, regulatory, tax or benefit law changes, claims or actions; the impact of climate change on our supply chain and operations; strategic transactions; significant changes in valuation factors that may adversely affect our impairment testing of goodwill and intangible assets; perceived or actual product quality issues or product recalls; failure to maintain effective internal control over financial reporting; volatility of and access to capital or other markets; pension costs; the expected discontinuance of London Interbank Offered Rates and transition to any other interest rate benchmark; and our ability to protect our intellectual property and intangible assets. Please also see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Mondelēz International disclaims and does not undertake any obligation to update or revise any forward-looking statement in these remarks, except as required by applicable law or regulation.

NON-GAAP FINANCIAL MEASURES

All results discussed in these remarks are non-GAAP unless noted as "reported", in which case we are referring to our results on a GAAP basis. Refer to the definitions of these measures and see GAAP to non-GAAP reconciliations for comparable GAAP measures in our earnings release for Q1 2020 located at www.mondelezinternational.com/investors.

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