Philip Morris : Announcement Results from AGM 2023

ANNOUNCEMENT OF THE RESULTS

OF THE ORDINARY GENERAL MEETING

of

Philip Morris ČR a.s.,

whose registered office is at Kutná Hora, Vítězná 1, Postal Code: 284 03,

identification number: 14803534,

registered in the Commercial Register maintained by the Municipal Court

in Prague, Section B, File 627

(the "Company"),

held

at the registered office

of the Company in

Kutná Hora, Vítězná 1, Postal Code: 284 03,

at 10 am on 28 April 2023

(the "General Meeting")

Note: The English version of this document is published for informational purposes only. The authoritative version of this document is the version published in the Czech language.

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1. Point 2 of the agenda of the General Meeting - Election of the Chairperson of the General Meeting, Minutes Clerk, Minutes Verifiers and Scrutineers, and approval of the Rules of Procedure and Voting Rules Applicable to Proceedings at the General Meeting:

1 . 1 T h e G e n e r a l M e e t i n g e l e c t e d Mr Martin Hájek as Chairperson of the General Meeting, Ms Zuzana Dušková as Minutes Clerk of the General Meeting, Mr Milan Vácha and Ms Kamila Vodičková as Minutes Verifiers of the General Meeting and the following persons as Scrutineers of the General Meeting:

1. Petr Brant;
2. Ing. Martin Hlaváček.

2 202 982 valid votes (connected with 2 202 982 shares of the company), were cast, which represents 80,24% of the registered capital of the Company reduced by the shares with which it was not possible to exercise voting rights due to the fact that these shares were held by legal entities that are obliged to register the beneficial owner according to Act No. 37/2021 Coll., on Register of Beneficial Owners, and that had no beneficial owner registered according to the above Act as of the date of the General Meeting (the "shares with which it was not possible to exercise voting rights").

Election of Chairperson of the General Meeting, Minutes Clerk of the General Meeting, Minutes Verifiers of the General Meeting and Scrutineers of the General Meeting

	Number of	% of votes present at the
	votes	General Meeting
FOR	2 202 982	99,995915
AGAINST	0	0,000000
ABSTAINED	0	0,000000
Non-participating and invalid votes	90	0,004085

1 . 2 The General Meeting approved the Rules of Procedure and Voting Rules of the General Meeting as proposed by the Board of Directors and published on the website h t t p : / / w w w . p h i l i p m o r r i s . c z on 28 March 2023.

2 202 912 valid votes (connected with 2 202 912 shares of the company), were cast, which represents 80,24% of the registered capital of the Company reduced by the shares with which it was not possible to exercise voting rights .

Approval of the Rules of Procedure and Voting Rules
	Number of	% of votes present at the
	votes	General Meeting
FOR	2 202 012	99,951885
AGAINST	529	0,024012
ABSTAINED	371	0,016840
Non-participating and invalid votes	160	0,007263

2. Point 3 and 5 of the agenda of the General Meeting - Proposal for the approval of the Report of the Board of Directors on the Business Activities of the Company, the 2022 ordinary financial statements, the 2022 ordinary

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consolidated financial statements and the proposal for the distribution of profit for the year 2022, including an indication of the amount of profit shares :

The General Meeting adopted the following resolutions:

" T h e R e p o r t o f t h e	B o a r d o f D i r e c t o r s o n t h e B u s i n e s s A c t i v i t i e s o f t h e
C o m p a n y i s h e r e b y	a p p r o v e d i n t h e w o r d i n g s u b m i t t e d b y t h e C o m p a n y ' s
B o a r d o f D i r e c t o r s i n t h e f o r m o f i t s p u b l i c a t i o n o n t h e C o m p a n y ' s

w e b s i t e	h t t p : / / w w w . p h i l i p m o r r i s . c z ,	i n	t h e	s e c t i o n	t i t l e d	" F o r
s h a r e h o l d e r s " . "

" T h e o r d i n a r y f i n a n c i a l s t a t e m e n t s o f t h e C o m p a n y f o r t h e 2 0 2 2 c a l e n d a r y e a r a c c o u n t i n g p e r i o d a r e h e r e b y a p p r o v e d i n t h e w o r d i n g s u b m i t t e d b y t h e C o m p a n y ' s B o a r d o f D i r e c t o r s i n t h e f o r m o f t h e i r p u b l i c a t i o n o n t h e C o m p a n y ' s w e b s i t e h t t p : / / w w w . p h i l i p m o r r i s . c z , i n t h e s e c t i o n t i t l e d " F o r s h a r e h o l d e r s " , a s p a r t o f t h e A n n u a l F i n a n c i a l R e p o r t . "

" T h e o r d i n a r y c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e C o m p a n y f o r t h e 2 0 2 2 c a l e n d a r y e a r a c c o u n t i n g p e r i o d a r e h e r e b y a p p r o v e d i n t h e w o r d i n g s u b m i t t e d b y t h e C o m p a n y ' s B o a r d o f D i r e c t o r s i n t h e f o r m o f t h e i r p u b l i c a t i o n o n t h e C o m p a n y ' s w e b s i t e h t t p : / / w w w . p h i l i p m o r r i s . c z , i n t h e s e c t i o n t i t l e d " F o r s h a r e h o l d e r s " , a s p a r t o f t h e A n n u a l F i n a n c i a l R e p o r t . "

" T h e f o l l o w i n g d i s t r i b u t i o n o f p r o f i t f o r t h e y e a r 2 0 2 2 i s a p p r o v e d :

" F r o m t h e C o m p a n y ' s a f t e r - t a x p r o f i t f o r t h e 2 0 2 2 c a l e n d a r y e a r a c c o u n t i n g p e r i o d i n t h e a m o u n t o f C Z K 3 , 6 2 3 , 5 4 5 , 3 6 0 . 8 2 , t h e p a r t i n t h e a m o u n t o f C Z K 3 , 5 9 6 , 4 5 5 , 6 6 0 . 0 0 w i l l b e p a i d t o t h e C o m p a n y ' s s h a r e h o l d e r s a s p r o f i t s h a r e s . T h e r e m a i n i n g p a r t o f t h e p r o f i t i n t h e a m o u n t o f C Z K 2 7 , 0 8 9 , 7 0 0 . 8 2 w i l l b e t r a n s f e r r e d t o t h e a c c o u n t o f t h e C o m p a n y ' s r e t a i n e d e a r n i n g s f r o m p r i o r y e a r s . T h e r e t a i n e d e a r n i n g s o f t h e C o m p a n y f r o m p r i o r y e a r s i n t h e a m o u n t o f C Z K 7 , 7 1 4 , 7 2 0 . 2 3 w i l l r e m a i n u n d i s t r i b u t e d . A g r o s s p r o f i t s h a r e o f C Z K 1 , 3 1 0 w i l l t h u s a p p l y t o e a c h s h a r e o f t h e C o m p a n y w i t h a n o m i n a l v a l u e o f C Z K 1 , 0 0 0 , w i t h t h e t o t a l n u m b e r o f t h e s e s h a r e s b e i n g 2 , 7 4 5 , 3 8 6 . T h e d a t e d e c i s i v e f o r e x e r c i s i n g p r o f i t s h a r e r i g h t s i s 1 0 M a y 2 0 2 3 , i . e . t h e p r o f i t s h a r e s w i l l b e p a i d t o s h a r e h o l d e r s w h o h e l d s h a r e s o f t h e C o m p a n y a s a t 1 0 M a y 2 0 2 3 .

S h a r e h o l d e r s w i l l b e p a i d t h e i r p r o f i t s h a r e s t h r o u g h Č e s k á s p o ř i t e l n a , a . s . , a c o m p a n y w h o s e r e g i s t e r e d o f f i c e i s i n P r a g u e 4 , O l b r a c h t o v a 1 9 2 9 / 6 2 , p o s t c o d e : 1 4 0 0 0 , i d e n t i f i c a t i o n n u m b e r : 4 5 2 4 4 7 8 2 , r e g i s t e r e d i n t h e C o m m e r c i a l R e g i s t e r m a i n t a i n e d b y t h e M u n i c i p a l C o u r t i n P r a g u e , F i l e N o . 1 1 7 1 .

S h a r e h o l d e r s w i l l b e i n v i t e d t o s e n d t h e i r s e t t l e m e n t d a t a a n d o t h e r s u p p o r t i n g d o c u m e n t s t o Č e s k á s p o ř i t e l n a , a . s . f o r t h e p u r p o s e o f p a y m e n t o f t h e i r p r o f i t s h a r e s v i a t h e " N o t i f i c a t i o n o f t h e P a y m e n t o f P r o c e e d s f r o m S e c u r i t i e s " , w h i c h w i l l b e p u b l i s h e d o n 1 2 M a y 2 0 2 3 i n a m a n n e r a l l o w i n g f o r r e m o t e a c c e s s o n t h e C o m p a n y ' s w e b s i t e h t t p : / / w w w . p h i l i p m o r r i s . c z , i n t h e s e c t i o n t i t l e d " F o r s h a r e h o l d e r s " , a n d

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w h i c h w i l l f u r t h e r s t i p u l a t e m o r e d e t a i l e d i n s t r u c t i o n s n e c e s s a r y f o r t h e p a y m e n t o f p r o f i t s h a r e s .

P r o f i t s h a r e s w i l l b e p a i d t o t h e s h a r e h o l d e r s w h o a r e i n d i v i d u a l s d u r i n g t h e s e t p a y m e n t p e r i o d o n l y b y w i r e l e s s m o n e y t r a n s f e r t o t h e s h a r e h o l d e r s ' b a n k a c c o u n t s s p e c i f i e d i n t h e l i s t o f s h a r e h o l d e r s m a i n t a i n e d b y t h e C o m p a n y , o r i n t h e r e g i s t e r o f b o o k - e n t e r e d s e c u r i t i e s i n t h e c a s e o f b o o k - e n t e r e d s h a r e s . I f t h e r e l e v a n t b a n k a c c o u n t n u m b e r i s n o t e n t e r e d i n t h e l i s t o f s h a r e h o l d e r s o r i n t h e r e g i s t e r o f b o o k - e n t e r e d s e c u r i t i e s ( o r t h e n u m b e r i s n o t u p - t o - d a t e ) , t h e r e l e v a n t p r o f i t s h a r e w i l l b e s e n t t o t h e b a n k a c c o u n t w h i c h t h e s h a r e h o l d e r n o t i f i e s t o t h e C o m p a n y t h r o u g h Č e s k á s p o ř i t e l n a , a . s . f o r t h i s p u r p o s e .

P r o f i t s h a r e s w i l l b e p a i d t o t h e s h a r e h o l d e r s w h o a r e i n d i v i d u a l s a f t e r t h e s h a r e h o l d e r s s u b m i t a l l t h e n e c e s s a r y d o c u m e n t s , i n c l u d i n g a d e c l a r a t i o n b y t h e a c t u a l o w n e r ( h o l d e r ) o f t h e s h a r e s a n d , i f a s h a r e h o l d e r w h o i s a t a x r e s i d e n t o f a c o u n t r y o t h e r t h a n t h e C z e c h R e p u b l i c r e q u e s t s t h e a p p l i c a t i o n o f a s p e c i a l w i t h h o l d i n g t a x r a t e , a l s o a c e r t i f i c a t e o f t a x d o m i c i l e .

T h e m a t u r i t y d a t e o f t h e p r o f i t s h a r e i s s e t a t 1 2 J u n e 2 0 2 3 . T h e p a y m e n t p e r i o d w i l l l a s t f r o m 1 2 J u n e 2 0 2 3 t o 3 1 M a r c h 2 0 2 4 . T h e " N o t i f i c a t i o n s o f t h e P a y m e n t o f P r o c e e d s f r o m S e c u r i t i e s " a n d i n f o r m a t i o n o n t h e r e q u i r e d d o c u m e n t s w i l l b e p u b l i s h e d o n t h e C o m p a n y ' s w e b s i t e h t t p : / / w w w . p h i l i p m o r r i s . c z , i n t h e s e c t i o n t i t l e d " F o r S h a r e h o l d e r s " , a n d w i l l a l s o b e p r o v i d e d b y Č e s k á s p o ř i t e l n a , a . s .

S h a r e h o l d e r s w h o a r e l e g a l e n t i t i e s w i l l a l s o b e p a i d t h e i r p r o f i t s h a r e s t h r o u g h Č e s k á s p o ř i t e l n a , a . s . i n a c c o r d a n c e w i t h t h e r u l e s d e f i n e d a b o v e .

P r o f i t s h a r e s w i l l b e p a i d t o t h e s h a r e h o l d e r s w h o a r e l e g a l e n t i t i e s o n l y b y w i r e l e s s m o n e y t r a n s f e r t o t h e s h a r e h o l d e r s ' b a n k a c c o u n t s s p e c i f i e d i n t h e l i s t o f s h a r e h o l d e r s m a i n t a i n e d b y t h e C o m p a n y , o r i n t h e r e g i s t e r o f b o o k - e n t e r e d s e c u r i t i e s i n t h e c a s e o f b o o k - e n t e r e d s h a r e s . I f t h e r e l e v a n t b a n k a c c o u n t n u m b e r i s n o t e n t e r e d i n t h e l i s t o f s h a r e h o l d e r s o r i n t h e r e g i s t e r o f b o o k - e n t e r e d s e c u r i t i e s ( o r t h e n u m b e r i s n o t u p - t od a t e ) , t h e r e l e v a n t p r o f i t s h a r e w i l l b e s e n t t o t h e b a n k a c c o u n t w h i c h t h e s h a r e h o l d e r n o t i f i e s t o t h e C o m p a n y t h r o u g h Č e s k á s p o ř i t e l n a , a . s . f o r t h i s p u r p o s e . S h a r e h o l d e r s w h o a r e l e g a l e n t i t i e s ( o r l e g a l a r r a n g e m e n t s ) w i l l o n l y b e p a i d t h e i r p r o f i t s h a r e s a f t e r f u l f i l l i n g t h e s t a t u t o r y c o n d i t i o n s f o r t h e p a y m e n t o f p r o f i t s h a r e s ( i n c l u d i n g t h e r e g i s t r a t i o n o f t h e b e n e f i c i a l o w n e r o f e a c h p a r t i c u l a r s h a r e h o l d e r w h o i s a l e g a l e n t i t y ( o r l e g a l a r r a n g e m e n t ) i n t h e R e g i s t e r o f B e n e f i c i a l O w n e r s ( h e r e i n a f t e r r e f e r r e d t o a s t h e " C z e c h B e n e f i c i a l O w n e r R e g i s t e r " ) i n a c c o r d a n c e w i t h S e c t i o n 5 3 ( 2 ) o f t h e A c t o n R e g i s t e r o f B e n e f i c i a l O w n e r s , i f t h e s h a r e h o l d e r i s o b l i g e d t o a r r a n g e f o r t h e r e g i s t r a t i o n o f t h e b e n e f i c i a l o w n e r o r i f t h e p r o v i s i o n s o f t h e a b o v e A c t a n d t h e o b l i g a t i o n t o r e g i s t e r t h e b e n e f i c i a l o w n e r i n t h e C z e c h B e n e f i c i a l O w n e r R e g i s t e r a p p l i e s t o t h e s h a r e h o l d e r ) , a s w e l l a s a f t e r s u p p l y i n g a l l o t h e r r e q u i r e d s u p p o r t i n g d o c u m e n t s , a n d , i f a s h a r e h o l d e r w h o i s a t a x r e s i d e n t o f a c o u n t r y o t h e r t h a n t h e C z e c h R e p u b l i c r e q u e s t s t h e a p p l i c a t i o n o f a s p e c i a l w i t h h o l d i n g t a x r a t e , a l s o a c e r t i f i c a t e o f t a x d o m i c i l e .

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Č e s k á s p o ř i t e l n a , a . s . w i l l b e c h e c k i n g t h e r e g i s t r a t i o n s o f b e n e f i c i a l o w n e r s i n t h e C z e c h B e n e f i c i a l O w n e r R e g i s t e r , a n d s h a r e h o l d e r s w h o h a v e n o b e n e f i c i a l o w n e r r e g i s t e r e d a s a t t h e d a t e o f p a y m e n t o f p r o f i t s h a r e s b y Č e s k á s p o ř i t e l n a , a . s . w i l l n o t b e p a i d t h e i r p r o f i t s h a r e s . I f a p r o f i t s h a r e i s n o t p a i d t o t h e r e l e v a n t s h a r e h o l d e r ( l e g a l a r r a n g e m e n t ) d u e t o t h e a b s e n c e o f r e g i s t r a t i o n o f i t s b e n e f i c i a l o w n e r i n t h e C z e c h B e n e f i c i a l O w n e r R e g i s t e r b y 3 1 D e c e m b e r 2 0 2 3 , t h e r i g h t t o t h a t p r o f i t s h a r e w i l l c e a s e t o e x i s t ( S e c t i o n s 5 3 ( 2 ) a n d ( 3 ) o f t h e A c t o n R e g i s t e r o f B e n e f i c i a l O w n e r s ) .

A s h a r e h o l d e r c l a i m i n g a p r o f i t s h a r e o r i t s p a y m e n t w i t h i n a p a y m e n t p e r i o d a f t e r 3 1 D e c e m b e r 2 0 2 3 m u s t d e m o n s t r a t e a n d p r o v e t h a t i t s r i g h t t o a p r o f i t s h a r e h a s n o t c e a s e d t o e x i s t d u e t o t h e a b s e n c e o f r e g i s t r a t i o n o f i t s b e n e f i c i a l o w n e r i n t h e C z e c h B e n e f i c i a l O w n e r R e g i s t e r b y 3 1 D e c e m b e r 2 0 2 3 . O t h e r w i s e , t h e p r o f i t s h a r e w i l l n o t b e p a i d t o t h a t s h a r e h o l d e r d u e t o t h e f a c t t h a t t h e s h a r e h o l d e r ' s r i g h t t o t h a t p a y m e n t h a s c e a s e d t o e x i s t .

C o n t a c t p e r s o n s a t Č e s k á s p o ř i t e l n a , a . s . :

D e p a r t m e n t A 3 3 2 _ 0 1

N a d ě ž d a Š m í d o v á

e - m a i l :v y p l a t a d i v i d e n d @ c s a s . c zM i l a n W i l l i a m s

e - m a i l :v y p l a t a d i v i d e n d @ c s a s . c z

C o n t a c t t e l e p h o n e : 9 5 6 7 6 5 4 3 8

C o n t a c t a d d r e s s f o r d e l i v e r y o f d o c u m e n t s f o r p a y m e n t s : Č e s k á s p o ř i t e l n a , a . s .

D e p a r t m e n t A 3 3 2 _ 0 1 B u d ě j o v i c k á 1 5 1 8 / 1 3 b 1 4 0 0 0 P r a g u e 4 "

2 202 716 valid votes (connected with 2 202 716 shares of the company), were cast, which represents 80,23% of the registered capital of the Company reduced by the shares with which it was not possible to exercise voting rights .

Approval of the Report of the Board of Directors on the Company's business

activities
	Number of	% of votes present at the
	votes	General Meeting
FOR	2 202 069	99,944129
AGAINST	58	0,002632
ABSTAINED	589	0,026733
Non-participating and invalid votes	584	0,026506

2 203 245 valid votes (connected with 2 203 245 shares of the company), were cast, which represents 80,25% of the registered capital of the Company reduced by the shares with which it was not possible to exercise voting rights .

Approval of the 2022 ordinary financial statements

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