1、2023 ANNUAL REPORT PHILIP MORRIS INTERNATIONALSmoke-Free Product Portfolio2IQOS ILUMA(1)See page G-1 for definition.(2)Select smoke-free products.VEEVAt PMI,it is our ambition to replace cigarettes with science-based smoke-free products as soon as possible.These products provide nicotine without bur
2、ning,making them a much better alternative to cigarettes.We are growing our portfolio of smoke-free products,providing a range of better choices to satisfy the diverse taste,usage,technology,and price preferences of every adult smoker.Nicotine is addictive and not risk-free;these products are only f
3、or those adults who would otherwise continue to smoke.The Future ReimaginedIf you could glimpse into the future,what would you want to see?A world without cigarettes.And its one were delivering today.Without willingness to change,there is no progress.Thats why were disrupting the tobacco industry an
4、d driving the transformation to smoke-free.We dont need to imagine a future without cigarettes.We are delivering one.2023 Smoke-Free HighlightsTotalIQOS Users128.6Million Market Share of PMI HTUs1 in IQOS Markets9.1%Markets with Smoke-Free Net Revenues 50%25HTU Shipment Volume125.3Billion UnitsSmoke
5、-Free Product1 Net Revenues36.5%of TotalZYN Dear Shareholder,In 2023,PMI delivered another year of strong financial performance with excellent organic top-line growth and the very positive contribution of smoke-free products compensating for cost increases and currency headwinds.This reflects the co
6、ntinued impressive performance of IQOS,the outstanding growth of ZYN,and the resilience of our combustible business.As we look back on the year,we must first and foremost salute the enormous efforts of our nearly 83,000 employees across the globe who again delivered strongly in a very challenging en