Philip Morris Internat

Company Honored in Four Categories for its Executive Leadership and Equal Pay Practices

LAUSANNE, Switzerland -- (BUSINESS WIRE) --

Philip Morris International Inc. (PMI) (NYSE: PM) announced today that it has earned four prestigious honors in the 2019 Golden Bridge Business and Innovation Awards®, the world’s premier “Business Awards” program honoring achievements in every industry around the world. More than 150 judges from a broad spectrum of industries participated in the 11^th annual awards with their average scores determining the winners.

PMI received three Gold awards in the Human Resources Executive of the Year (Charles Bendotti, SVP of People & Culture); Milestone of The Year, Other (PMI’s global EQUAL-SALARY certification); and Achievement of the Year, Corporate Communications (PMI’s leadership in equal pay and gender balance) categories. PMI’s COO Jacek Olczak was also named Silver winner in the Maverick of the Year category. All four awards demonstrate the company’s drive and progression in achieving its vision of a smoke-free future.

“We are proud of the steps PMI is taking to unsmoke the world and honored that the Golden Bridge Awards and its panel of external judges have recognized this work as well,” said Marian Salzman, SVP global communications, PMI. “Merits like these are a testament to the considerable progress we are making change our company from the inside out, and to our positive contributions to civil society today.”

The awards showcase PMI’s progress toward a smoke-free future; a future without combustible cigarettes. To achieve this, PMI is undergoing the largest transformation in its history, both internally and externally, which has the potential to improve public health and provide millions of adult smokers who would otherwise continue smoking with alternatives that are a better choice than continuing to smoke.

In addition to evolving its product, PMI is transforming its full value chain and placing an emphasis in fostering an inclusive and diverse workplace; and, it’s these internal efforts that have been exceptionally recognized by the Golden Bridge Business and Innovation Awards. In March of this year, PMI became the first multinational company to be certified globally for equal pay by the independent third-party EQUAL-SALARY Foundation. The company’s global EQUAL-SALARY certification confirms its commitment to equality and is an important building block on the road to creating an inclusive, gender-balanced workplace.

For more information about the company’s transformation visit, www.PMI.com.

Philip Morris International: Delivering a Smoke-Free Future

Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free IQOS product portfolio includes heat-not-burn and nicotine-containing vapor products. As of June 30, 2019, PMI estimates that approximately 8.0 million adult smokers around the world have already stopped smoking and switched to PMI’s heat-not-burn product, available for sale in 48 markets in key cities or nationwide under the IQOS brand. For more information, please visit www.pmi.com and www.pmiscience.com.

# # #