Mondelez International, Inc. (NASDAQ:MDLZ) Barclays Consumer Staples Conference September 7, 2022 12:45 PM ET Company Participants Dirk Van de Put - Chairman & CEO Luca Zaramella - EVP & CFO Conference Call Participants Andrew Lazar - Barclays Bank Andrew Lazar Let's all find our seats. We will commence with our next 5 star chat. So welcome back, everybody, to our fireside chat with Mondelez International. With me today are Chairman and CEO, Dirk Van de Put; and CFO, Luca Zaramella. Welcome, gentlemen, and ...

Mondelez International, Inc.. (NASDAQ:MDLZ) Q2 2022 Earnings Conference Call July 26, 2022 5:00 PM ET Company Participants Shep Dunlap - VP, IR Dirk Van de Put - Chairman & CEO Luca Zaramella - EVP & CFO Conference Call Participants Bryan Spillane - Bank of America Merrill Lynch Andrew Lazar - Barclays Bank Christopher Growe - Stifel, Nicolaus & Company Alexia Howard - Sanford C. Bernstein & Co. David Palmer - Evercore ISI Jason English - Goldman Sachs Group Operator Good day, and welcome to the Mondelez In ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-16483 Mondelēz International, Inc. (Exact name of registrant as specified in its charter) Virginia 52-2284372 (St ...

Summary of Mondelez International, Inc. Conference Call Company Overview - **Company**: Mondelez International, Inc. (NASDAQ:MDLZ) - **Date**: June 14, 2022 - **Participants**: - Dirk Van de Put - Chairman and CEO - Vince Gruber - EVP and President, Mondelez Europe - Luca Zaramella - CFO - Stephen Powers - Head of US Consumer Packaged Goods Research, Deutsche Bank Key Industry Insights - **Industry**: Consumer Packaged Goods, specifically focusing on snacks, biscuits, and chocolate - **Market Trends**: - Increased consumer preference for snacking, particularly among Millennials and Generation Z - Shift towards indulgent snacking during the pandemic, with 83% of consumers feeling comfortable indulging in snacks daily [7][8] Core Company Strategies and Achievements - **Growth Strategy**: Transition from a cost-oriented business to a growth-focused company, achieving a 4.2% top-line growth over the last four years [6] - **Brand Investment**: Increased investment in both global and local brands, with 55% of the portfolio being local brands that have been revitalized [6] - **Market Leadership**: - Leading position in the global biscuit market, five times larger than the next competitor - Second in the chocolate market, with expectations to become the leader [10][11] Financial Performance and Projections - **Category Growth**: - Biscuits and chocolate categories grew from 3-4% to 6% during the pandemic [7] - Anticipated growth in the cake and pastry segment, adding approximately $17-18 billion to the market size in Europe [18] - **Oreo Brand Growth**: Projected growth of Oreo by $1 billion every three years, with significant market presence in the U.S. and China [22] Portfolio Reshaping and Acquisitions - **Strategic Acquisitions**: - Acquisition of Chipita, expected to contribute $600-700 million in revenue and grow faster than the company average [25][26] - Focus on optimizing the portfolio by divesting non-core assets and enhancing core categories [31][32] Consumer Behavior and Market Resilience - **Consumer Resilience**: Historical data indicates that biscuits and chocolate perform well during recessions, with limited negative elasticity observed [34] - **Pricing Power**: Successful price increases without significant volume loss, indicating strong brand loyalty and consumer attachment [12][36] Challenges and Future Outlook - **Cost Pressures**: Anticipated low double-digit inflation (around 12%) in COGS for 2023, with ongoing pricing strategies to mitigate impacts [41][42] - **Geographical Concerns**: - Europe faces more consumer uncertainty due to inflation and geopolitical issues, while the U.S. market shows resilience [48][49] - Emerging markets are experiencing strong growth despite price increases [49] Regulatory Environment - **HFSS Regulations in the U.K.**: Adjustments in product placement and promotional strategies in response to new regulations, with a focus on maintaining visibility and seasonal sales [52][54] Conclusion - **Strategic Focus**: Continued investment in brand building and capacity expansion, with a strong emphasis on maintaining growth in core categories and adapting to market changes [45][59] - **Future Goals**: Aim for significant geographical and portfolio changes over the next 24 months, with a focus on volume growth and market leadership [59]

Key Takeaways Company and Industry * **Company**: Mondelez International, Inc. (NASDAQ: MDLZ) * **Industry**: Food and Beverage, Snack Manufacturing Core Views and Arguments * **Top Line Growth**: Mondelez has achieved a 4.7% average organic sales growth since 2019, with biscuits and chocolate contributing significantly to this growth. * **Portfolio Strategy**: Mondelez aims to increase its presence in biscuits and chocolate, targeting a 90% to 10% split between these categories and the rest of the portfolio. * **Acquisitions**: Mondelez focuses on bolt-on acquisitions in biscuits, chocolate, and baked snacks, prioritizing health and wellness, premium, and digitally oriented models. * **Disposal**: Mondelez is exploring the disposal of its developed market Gum and Halls business, representing approximately $1 billion in revenue. * **Cost Inflation**: Mondelez expects double-digit inflation in 2022 and similar levels in 2023, driven primarily by energy costs and commodity prices. * **Pricing**: Mondelez plans to pass on the absolute amount of inflation into its P&L through pricing actions, with a focus on maintaining volume growth. * **Sustainability**: Mondelez has elevated sustainability as a key pillar of its strategy, focusing on reducing carbon footprint, improving supply chain sustainability, and enhancing human rights. Other Important Points * **Incentive System**: Mondelez's incentive system focuses on gross profit, market share, and volume growth, with a decentralized approach to compensation. * **Advertising and Consumer Spend**: Mondelez continues to invest in advertising and consumer spend, aiming to improve brand engagement and return on investment. * **Baked Snacks**: Mondelez sees significant growth opportunities in baked snacks, leveraging its existing manufacturing and distribution capabilities. * **HFSS Regulations**: Mondelez is adapting to the High Fat, Sugar, and Salt (HFSS) regulations in the UK, focusing on reformulating products and exploring new categories. * **Sweeteners**: Mondelez is investing in natural sweeteners and alternative sweetening technologies to reduce sugar content in its products. * **Free Cash Flow**: Mondelez expects free cash flow to improve over time, driven by working capital optimization and synergies from acquisitions. * **Savory Snacks**: Mondelez is exploring opportunities in savory snacks, particularly in countries like China where there is a growing demand for better nutrition.

Mondelez International, Inc. (NASDAQ:MDLZ) Q1 2022 Earnings Conference Call April 26, 2022 5:00 PM ET Company Participants Shep Dunlap - Vice President, Investor Relations Dirk Van de Put - Chairman & Chief Executive Officer Luca Zaramella - Chief Financial Officer Conference Call Participants John Baumgartner - Mizuho Securities Ken Goldman - JPMorgan Andrew Lazar - Barclays Bryan Spillane - Bank of America Chris Growe - Stifel Jason English - Goldman Sachs Michael Lavery - Piper Sandler Alexia Howard - Be ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-16483 Mondelēz International, Inc. (Exact name of registrant as specified in its charter) Virginia 52-2284372 (S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ______________ COMMISSION FILE NUMBER 1-16483 Mondelēz International, Inc. (Exact name of registrant as specified in its charter) Virginia 52-228437 ...