Mondelēz recasts non-GAAP results for JDEP partial sale and gum business divestiture

Mondelez International, Inc.

Partial sale of JDEP: options exercised on 2.2M shares; ownership fell from 18.1% to 17.7%; proceeds €57M ($62M), loss of €3M ($4M).
Sale of developed market gum business on Oct 1 & 23, 2023, for net cash proceeds of $1.4 billion.
Non-GAAP historical results recast for 2021-2023 to remove JDEP partial sale and gum business; GAAP results unchanged.
Recast non-GAAP diluted EPS for Q3 2023 is $0.77 vs reported GAAP $0.72 per the filing table.
Mondelēz retains significant influence and two board seats at JDEP.

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