Investing in our Brands: europe's Biggest Brand relaunch in 25 years

Q2 2022 RESULTS

July 26, 2022

FORWARD-LOOKING STATEMENTS

This presentation contains forward-looking statements. Words, and variations of words, such as "will," "may," "expect," "would," "could," "might," "intend," "plan," "believe," "likely," "estimate," "anticipate," "objective," "predict," "project," "seek," "aim," "potential," "outlook" and similar expressions are intended to identify our forward-looking statements. These forward-looking statements are subject to a number of risks and

uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in these forward- looking statements. For important information on forward-looking statements, please see our earnings release for Q2 2022 on our investor website at https://www.mondelezinternational.com/investors.

NON-GAAP FINANCIAL MEASURES

All results shared with this presentation are non-GAAP unless noted as "reported", in which case we are referring to our results on a GAAP basis. Please see GAAP to non-GAAP reconciliations at the end of this presentation for comparable GAAP measures. Refer to the definitions of these measures in our earnings release for Q2 2022 located at www.mondelezinternational.com/investors.

2

AGENDA

  1. Business & Strategy Update - Van de Put
  2. Financial Outcomes - Zaramella
  3. 2022 Outlook - Zaramella
  4. Q&A - Van de Put & Zaramella

3

WELL POSITIONED FOR CONTINUED PROFITABLE GROWTH IN 2022

  1. Strong first half with robust volume growth & solid pricing execution, supports raising FY revenue growth outlook
  2. Chocolate and biscuits businesses continue to demonstrate volume and pricing resilience
  3. Navigating dynamic operating environment through pricing and ongoing cost efficiency/simplification to offset inflation
  4. Driving a virtuous cycle and consistent results, which enable substantial reinvestments to support our brands, distribution, capabilities and acquisitions
  5. Continuing to re-shape and improve portfolio with agreement to acquire Clif Bar and our announced plan to divest DM Gum & Global Halls

4

STRONG FIRST HALF 2022 WITH ABOVE-ALGORITHM PERFORMANCE

Operating

Income1

Q2: +8.5%

H1: +11.2%

A&C

increase1

Q2/H1: +DD%

Free Cash

Flow

H1: $1.6B

Gross Profit1

Q2: +9.7%

H1: +9.8%

Volume growth2 Q2: +5.0% H1: +4.4%

Revenue

growth Q2: +13.1% H1: +10.7%

Outcomes

  • Strong topline momentum through volume/mix & pricing
  • Solid profitability despite high inflationary environment
  • Brand investments & pricing position MDLZ well for 2022 and 2023

5 1) At cst fx

  1. Volume growth is defined as organic volume growth which excludes the impacts of acquisitions and divestitures.

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Disclaimer

Mondelez International Inc. published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 08:11:06 UTC.