PMI to Reorganize into PMI International & U.S. Units; de Wilde Named CEO International

Philip Morris International Inc.

Effective Jan 1, 2026: PMI creates PMI International & U.S. business units; Jacek Olczak remains Group CEO.
Frédéric de Wilde appointed CEO PMI International; Stacey Kennedy remains CEO PMI U.S.
de Wilde's base salary increased to CHF 1,250,002 (~$1.55M) per new employment agreement.
Segments become International Smoke-Free, International Combustibles, U.S.; historical data to be disclosed post-FY2025.
Four executives (Andolina, Gkatzelis, Trumpaitis, Volpetti) no longer SEC officers; Volpetti becomes Chief Global Growth Officer.

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