KUTNÁ HORA, 28th April 2023

ANNUAL GENERAL MEETING OF SHAREHOLDERS

Philip Morris ČR a.s.

ANDREA GONTKOVIČOVÁ

Chairperson of the Board of Directors

1/ BUSINESS PERFORMANCE

2/ SOCIAL RESPONSIBILITY & SUSTAINABILITY

3/ CONSOLIDATED FINANCIAL RESULTS

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© Phillip Morris ČR a.s., 2023

Positive results in a challenging year

  • Consolidated revenues up by 11% (12.4% excl. currency) to CZK 20.9 billion
  • Profit from operations down by 2.8% (1.4% excl. currency) to CZK 4.2 billion
  • Consolidated net income up by 3.4% to CZK 3.6 billion
  • Total IQOS adult users1 up by 90 thousand to 860 thousand (CZ & SK combined), 590 thousand adult users have stopped smoking and switched to IQOS2
  • Production volume in Kutná Hora plant reached all-time-high36.7 billion units (cigarettes and other tobacco products)
  1. Estimated number of IQOS adult users that used PMI heated tobacco products (HEETS, Fiit and TEREA) over the past seven days
  2. Estimated number of IQOS adult users, whose daily individual consumption of heated tobacco products represents the totality of their daily tobacco consumption over the past seven days, of which at least 70% are PMI heated tobacco products (HEETS, Fiit and TEREA)

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© Phillip Morris ČR a.s., 2023

BUSINESS PERFORMANCE 2022

Market share

41.8%

56.0%

55.5%

40.1%

TEREA,

12.3%

15.5%

TEREA,

HEETS, Fiit

11.1%

HEETS, Fiit

13.4%

30.7%

26.7%

43.7%

40.0%

Cigarettes

Cigarettes

2021

2022

2021

2022

Combined market share slightly decreased, primarily due to:

  • Production constraints arising from the invasion in Ukraine
  • Discontinuation of the Philip Morris brand and its merger into Chesterfield and Marlboro Crafted
  • Prices increase and underlying market share erosion due to downtrading

Source: Philip Morris ČR a.s. internal estimate based

on a monthly tabulation of cigarette sales data by PwC /

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© Phillip Morris ČR a.s., 2023

Philip Morris Slovakia s.r.o. financials

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Philip Morris CR a.s. published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2023 07:52:07 UTC.