Philip Morris International Investor Presentation — April 2022

uncertainties and inaccurate assumptions. In the event that risks or uncertainties materialize, or underlying assumptions prove inaccurate, actu al results could vary

materially from those contained in such forward-looking statements. Pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, PMI is

identifying important factors that, individually or in the aggregate, could cause actual results and outcomes to differ materially from those conta ined in any forward-looking

statements made by PMI

•PMI's business risks include: excise tax increases and discriminatory tax structures; increasing marketing and regulatory restrictions that could reduce our competitiveness,

eliminate our ability to communicate with adult consumers, or ban certain of our products in certain markets or countries; health concerns relating t ot h eu s eo ft o b a c c oa n d

other nicotine-containing products and exposure to environmental toba cco smoke; litigation related to tobacco use and intellectual property; int ense competition; the

effects of global and individual country economic, regulatory and political developments, natural disasters and conflicts; the impact and consequ ences of Russia's invasion of

Ukraine; changes in adult smoker behavior; lost revenues as a result of counterfeiting, contraband and cross-border purchases; governmental investigations; unfavorablecurrency exchange rates and currency devaluations, and limitations on the ability to repatriate funds; adverse changes in applicable corporate tax laws; adverse changes in

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Sonida Senior Living