Mondelez International, Inc. (NASDAQ:MDLZ) Jefferies Virtual Consumer Conference Transcript June 23, 2021 10:20 AM ET Company Participants Glen Walter - Executive Vice President and President, North America Shep Dunlap - Vice President, Investor Relations Conference Call Participants Rob Dickerson - Jefferies Rob Dickerson Welcome everyone to the Jefferies Consumer Conference. I’m Rob Dickerson, U.S. Food Analyst at Jefferies. We’re honored to have with us today from Mondelez, Glen Walter, Executive Vice Pr ...

Mondelez International, Inc. (NASDAQ:MDLZ) Deutsche Bank Global Consumer Conference Call June 9, 2021 8:00 AM ET Company Participants Luca Zaramella - Executive Vice President & Chief Financial Officer Vince Gruber - Executive Vice President & President of European Operations Conference Call Participants Stephen Power - Deutsche Bank Stephen Power Joining us today from Mondelez are Luca Zaramella, Executive Vice President and Chief Financial Officer; as well as Vince Gruber, Executive Vice President and Pre ...

Summary of Mondelēz International, Inc. Conference Call Company Overview - **Company**: Mondelēz International, Inc. (NASDAQ: MDLZ) - **Participants**: Dirk Van De Put (CEO), Luca Zaramella (CFO) - **Conference Date**: June 2, 2021 Key Industry Insights Strategic Milestones 1. **Shift in Strategy**: Transition from margin-centric to consumer-centric and top-line growth-oriented strategy initiated in September 2018, focusing on gross profit dollars rather than just margins [4][5][6] 2. **Operational Excellence**: Emphasis on consistent execution and operational excellence, particularly in the North American supply chain, which has improved significantly during the pandemic [7][8] 3. **Cultural Change**: Focus on local ownership and accountability, incentivizing volume growth and market share gains, while promoting speed and agility in decision-making [9][10] Emerging Markets Performance 1. **Growth in Emerging Markets**: Achieved approximately 10% growth in emerging markets in Q1 2021, with double-digit growth in Brazil, India, and China [12][13] 2. **India's Recovery**: Strong performance driven by consumer preference for packaged food; however, recent COVID-19 restrictions have raised concerns [13][14] 3. **Brazil's Improvement**: Chocolate and biscuit consumption is increasing, with modern trade shares showing positive trends [14] Cost Inflation and Pricing Strategy 1. **Cost Pressures**: Anticipated higher cost inflation due to increased prices in commodities like meat, oils, and packaging, particularly in the U.S. [17][18] 2. **Pricing Strategy**: Confidence in the ability to implement price increases, supported by 40% of next year's commodity coverage secured at favorable prices [18][19] Marketing Transformation 1. **Consumer-Centric Marketing**: Shift towards understanding consumer needs and enhancing brand purpose, with 60% of marketing investment now in digital [22][23] 2. **Increased A&C Investment**: Commitment to increase advertising and consumer promotion (A&C) investment annually to support brand growth [25] Growth Opportunities 1. **Core Business Growth**: Focus on expanding existing product lines, particularly Oreo, which is expected to grow by $1 billion in the next 2-3 years [30][34] 2. **Channel Expansion**: Emphasis on e-commerce and underdeveloped channels in various regions as significant growth opportunities [31] 3. **Adjacencies**: Exploring opportunities in related segments such as cakes and pastries, with recent acquisitions like Chipita to enhance market presence [33][45] M&A Activity 1. **Strategic Acquisitions**: Seven acquisitions since 2018, adding $1.5 billion in revenue, focusing on adjacencies and capabilities [41][42] 2. **Chipita Acquisition**: Aimed at entering the cakes and pastries market, expected to provide significant revenue and cost synergies [45][46] Financial Performance 1. **Free Cash Flow Improvement**: Notable improvement in free cash flow conversion, with $700 million generated in Q1 2021, attributed to better governance and capital management [50][54] Sustainability Goals 1. **Environmental Focus**: Commitment to sustainable sourcing, particularly in cocoa, with a goal of 100% sustainably sourced cocoa by 2025 [60] 2. **Packaging Waste Reduction**: Aim for 100% recyclable-ready packaging by 2025, alongside collaboration with stakeholders for effective recycling systems [61] Conclusion - **Future Priorities**: Focus on strengthening core business, expanding channels, and exploring high-growth segments and adjacencies over the next three to five years [63] - **Investor Insights**: Emphasis on the competitive advantage in emerging markets and the flexibility of the balance sheet to support strategic initiatives [64][65]

Mondelez International, Inc. (NASDAQ:MDLZ) 2021 Annual Meeting of Shareholders Conference Call May 19, 2021 10:00 AM ET Company Participants Dirk Van De Put - Chairman & Chief Executive Officer Ellen Smith - Senior Vice President, Chief Counsel, Chief Compliance Officer & Corporate Secretary Brandon Rees - Deputy Director, Corporation & Capital Markets, AFL-CIO Lois Juliber - Chair of our Board, Human Resources & Compensation Committee Russell Dyer - ‎Vice President & Chief of Communications & Government Af ...

Mondelez International, Inc. (NASDAQ:MDLZ) Q1 2021 Earnings Conference Call April 27, 2021 5:00 PM ET Company Participants Shep Dunlap - Vice President, Investor Relations Dirk Van De Put - Chairman and Chief Executive Officer Luca Zaramella - Executive Vice President, Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - J.P. Morgan Robert Moskow - Credit Suisse Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America David Palmer - Evercore ISI Alexia Howard - ...