Mondelez International, Inc. · NASDAQ:MDLZ
Mondelez International — Shareholder Meeting (May 2025)
20 slides from Mondelez International's shareholder meeting presentation, May 2, 2025
Slide 1: Schedule 14A Proxy Statement Cover
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) ☑ Filed by the Registrant ☐ Filed by a party other than the Registrant CHECK THE APPROPRIATE BOX: ☐ Preliminary Proxy
Slide 2: Shareholder Engagement Spring 2025
SHAREHOLDER ENGAGEMENT Spring 2025
Slide 3: Forward-Looking Statements About Our Sustainability Goals
Reported information against our quantitative sustainability goals, unless otherwise stated, (i) covers the annual reporting period from January 1 to December 31 of the stated year, (ii) includes manufacturing facilities under our direct and indirect control, (iii) excludes acquisitions since 2018,
Slide 4: Leading the Future of Snacking
49% 31% 11% 9% Biscuits & Baked Snacks Chocolate Gum & Candy Other GROWTH MONDELĒZ INTERNATIONAL LEADING THE FUTURE OF SNACKING We are one of the world’s largest snack companies, with a strong portfolio of brands enjoyed globally BUSINESS OVERVIEW REVENUE BY MARKET AND CATEGORY2 3 1 Source: Euromoni
Slide 5: Delivering Sustainable Long-Term Growth
DELIVERING SUSTAINABLE LONG-TERM GROWTH Despite inflationary pressures and macro volatility in recent years, effective execution of our long-term strategy under our current leadership has led to strong, consistent results TOTAL SHAREHOLDER RETURN SINCE 2018 STRATEGY LAUNCH2 41 CAGR; at constant FX.
Slide 6: Building a More Sustainable Snacking Company
BUILDING A MORE SUSTAINABLE SNACKING COMPANY 5 ENViRONMENTAL SOCiAL REDUCiNG ENViRONMENTAL iMPACT & SOURCING SUSTAINABLY EMPOWERiNG PEOPLE & COMMUNiTiES Aim for reducing and evolving packaging and improving systems to support our vision of a more circular pack economy Help combat climate change thro
Slide 7: Sustainability goals and progress
1 Data and information regarding our sustainability goals and progress reflect information disclosed in our 2024 Snacking Made Right report. Additional detail about our sustainability goals and progress against our goals can be found in our 2024 Snacking Made Right report, which was published on Apr
Slide 8: Company Proposals
COMPANY PROPOSALS THE BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE FOR ALL COMPANY PROPOSALS
Slide 9: Proposal 1: Election of the Ten Director Nominees
🗹🗹 PROPOSAL 1: ELECTiON OF THE TEN DiRECTOR NOMiNEES 0-3 years 10+ years4-9 years 5 YRS AVERAGE TENURE BALANCED AND REFRESHED BOARD ENABLES STRONG OVERSIGHT Our directors’ considerable leadership experience at global companies and relevant but differentiated backgrounds enable highly effective…
Slide 10: Incentive Compensation Programs Target Stretch Performance
INCENTIVE COMPENSATION PROGRAMS TARGET STRETCH PERFORMANCE 91 Based on our Strategic Progress Indicator (SPI) goals, which are categorized under Snack Leadership and Responsible Business Practices (comprised of Sustainability, Mindful Snacking, and Colleagues), each of which is weighted at 50% of th
Slide 11: Global Employee Stock Purchase Plan
GLOBAL EMPLOYEE STOCK PURCHASE PLAN FOR ATTRACTING AND RETAINING TALENT ALIGNS WITH BEST PRACTICE 10 ELIGIBILITY DETERMINATION OF THE SHARE RESERVE 🗹🗹 PROPOSAL 3: APPROVAL OF THE GLOBAL EMPLOYEE STOCK PURCHASE MATCHiNG PLAN THE BOARD RECOMMENDS VOTING FOR THE APPROVAL OF THE GLOBAL EMPLOYEE STOCK…
Slide 12: Shareholder Proposals
SHAREHOLDER PROPOSALS FOLLOWING CAREFUL CONSIDERATION, THE BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE AGAINST ALL SHAREHOLDER PROPOSALS
Slide 13: Proposal 5: Supplier & Partner Code of Conduct Due Diligence
MONDELĒZ HAS ROBUST DUE DILIGENCE PROCEDURES TO ASSESS SUPPLIER HUMAN RIGHTS RISKS AND PROMOTE COMPLIANCE WITH ITS SUPPLIER CODE 12 🗷🗷 PROPOSAL 5: ASSESSMENT OF THE COMPANY’S SUPPLiER & PARTNER CODE OF CONDUCT DUE DiLiGENCE PROCESS Mondelēz International is committed to respecting the human…
Slide 14: Proposal 6: Report on Flexible Plastic Packaging
OUR SUSTAINABLE PACKAGING PROGRAM GOALS ARE ALIGNED WITH STRONG PRACTICES AND THE PEW REPORT FOCUS AREAS, AND WE REPORT OUR PROGRESS ANNUALLY 🗷🗷 PROPOSAL 6: REPORT ON FLExiBLE PLASTiC PACKAGiNG 20% of our total packaging volume is plastic (majority flexible plastic) & 75%+ of our total packaging…
Slide 15: Proposal 7: Climate Lobbying Report
MONDELĒZ HAS TRANSPARENT DISCLOSURES ON LOBBYING AND CONTINUES TO MAKE PROGRESS TOWARDS NET ZERO 2050 GOAL 🗷🗷 PROPOSAL 7: CLiMATE LOBBYiNG REPORT We have transparent and comprehensive annual lobbying disclosures. CPA-Zicklin Index: First-Tier of S&P 500; our existing disclosure practices…
Slide 16: Proposal 8: Third-Party Human Rights Policy Report
🗷🗷 PROPOSAL 8: THiRD-PARTY REPORT ASSESSiNG EFFECTiVENESS OF iMPLEMENTATiON OF HUMAN RiGHTS POLiCY MONDELĒZ REPORTS ON CONTINUED EFFORTS FOR RESPECTING HUMAN RIGHTS ACROSS THE WHOLE VALUE CHAIN AND DUE DILIGENCE IN CAHRA 15 We perform heightened Human Rights Due Diligence (“HRDD”) in Russia and…
Slide 17: Proposal 9: Report on Recycled Content Claims
MONDELĒZ AIMS TO ADVANCE A CIRCULAR ECONOMY FOR PACKAGING WHILE COMPLYING WITH APPLICABLE LAWS AND REGULATIONS 16 🗷🗷 PROPOSAL 9: REPORT ON RECYCLED CONTENT CLAiMS All on-pack claims, including recycling claims, go through our established review processes Our internal policies and measures are…
Slide 18: GAAP to Non-GAAP Reconciliations
GAAP TO NON-GAAP RECONCILIATIONS 17 Net Revenues to Organic Net Revenue (in millions of U.S. dollars) (Unaudited) Mondelēz International For the Twelve Months Ended December 31, 2019 2020 2021 2022 2023 2024 6 Year CAGR Reported (GAAP) $ 25,868 $ 26,581 $ 28,720 $ 31,496 $ 36,016 $ 36,441 Divestitur
Slide 19: GAAP to Non-GAAP Reconciliations
GAAP TO NON-GAAP RECONCILIATIONS 18 For the Twelve Months Ended December 31, 2019 2020 2021 2022 2023 2024 6 Year CAGR Diluted EPS attributable to Mondelēz International (GAAP) 2.69$ 2.47$ 3.04$ 1.96$ 3.62$ 3.42$ Simplify to Grow Program 0.24 0.20 0.17 0.07 0.08 0.09 Intangible asset impairment char
Slide 20: Commitment to Building a More Sustainable Snacking Company
COMMITMENT TO BUILDING A MORE SUSTAINABLE SNACKING COMPANY Strong Financial Performance 19 Robust Board Oversight and Governance Practices Impactful Sustainability Agenda Promoting Human Rights, Communities and Colleagues 19
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