1、P H ILIP MO R R IS IN TE R N ATI ONAL2022 A N N UA L R E P ORT“We continue to make exciting progress on our smoke-free transformation,with smoke-free products accounting for almost one-third of PMIs total net revenues in 2022.”Jacek Olczak,Chief Executive Officer2022 Smoke-Free Highlights2022 Financ
2、ial HighlightsAdjusted Net Revenues+7.7%vs.20211,2Adjusted Operating Income+6.2%vs.20211,2Adjusted Operating Income Margin-0.6ppvs.20211,2(1)Excluding Russia and Ukraine.See page G-1 for further discussion.(2)On an organic basis.See page G-1 for definition.(3)On a currency-neutral basis.(4)Annualize
3、d rate based on a quarterly dividend of$1.27 per common share,declared September 14,2022.(5)See page G-1 for definition.(6)Excluding the U.S.(7)Select smoke-free products.Adjusted Diluted EPS+11.9%vs.20211,3Operating Cash Flow$10.8BillionAnnualized Dividend$5.08Per Share4Smoke-Free Product Portfolio
4、7TotalIQOS Users524.9Million Market Share of PMI HTUs5 in IQOS Markets68.0%PMI HTUs#2Tobacco“Brand”in IQOS Markets6HTU Shipment Volume109.2Billion UnitsSmoke-Free Product5 Net Revenues32.1%of TotalSince becoming a public company in 2008,PMI has increased its regular quarterly dividend by 176.1%repre
5、senting a compound annual growth rate of7.5%BONDSVEEVIQOS 3IQOS ILUMAZYN(Nicotine Pouch)General(Snus)Dear Shareholder,In 2022,PMI delivered an excellent performance despite a challenging operating environment linked to the war in Ukraine,significant supply chain disruptions and global inflationary p
6、ressures.This performance reflected the continued strong growth of IQOS enhanced by the roll-out of ILUMA in initial launch markets and positive momentum for the combustible business.We also reached two critical strategic milestones last year:the finalization of an agreement to take full control of