Reconciliation of Non-GAAP Measures

PMI Investor Day 2014 Press Release

Introduction - Lausanne, 26 June 2014

Overview - Remarks by André Calantzopoulos

Reduced-Risk Products - Remarks by Bertrand Bonvin + Manuel Peitsch + Frederic de Wilde

Marketing & Sales - Lausanne, 26 June 2014

Introduction - Lausanne, 27 June 2014

Asia Region - Lausanne, 27 June 2014

PMI Investor Day 2014 Agenda

Marketing & Sales - Remarks by Frederic de Wilde

Asia Region - Remarks by Matteo Pellegrini

Forward-Looking and Cautionary Statements - Lausanne, 26-27 June 2014

Asia Region - Remarks by Jacek Orczak - Lausanne, 27 June 2014

EEMA Region - Lausanne, 27 June 2014

Profile of Antonio Marques

Profile of Bertrand Bonvin

Profile of Manuel Peitsch

Profile of Nicholas Rolli

INDO Tobacco Social Media Landscape - 2015Q1 Dip Stick

Profile of André Calantzopoulos