PMI signs contract manufacturing deal with Altria for combustible cigarettes

Philip Morris International Inc.

PMI's non-U.S. affiliates will manufacture combustible cigarettes for Philip Morris USA (Altria).
First shipments expected early 2027, subject to operational readiness and regulatory requirements.
No material impact expected on 2026 financials; PMI has no US commercialization plans.
PMI and Altria remain independent for commercialization, distribution, and regulatory activities.

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