Philip Morris International and Dorna Switch Gears in Quest for a World without Tobacco Smoke

VALENCIA, Spain–(BUSINESS WIRE)–Philip Morris International Inc. (PMI) (NYSE:PM) and Dorna Sports S.L.,
the commercial rights holder for the world FIM MotoGP Championships,
have extended their partnership until the end of 2021.

The two organizations have collaborated successfully for 26 years. As of
2019, the partnership will focus on advancing the cause of a smoke-free
world.

More than 1 billion people smoke today and, according to the World
Health Organization, will continue to smoke in the near future. PMI has
committed to transform its business and encourage all men and women who
would otherwise continue smoking to replace cigarettes with better
alternatives as soon as possible.

With around 350 million MotoGP fans worldwide, MotoGP can play a
significant role in positively impacting the lives of people who smoke
and those around them.

“The best choice for consumers concerned about the health risks of
smoking is to quit tobacco and nicotine altogether. Today, however,
technology, science and innovation provide a real opportunity to
encourage all men and women who continue smoking to switch from
cigarettes to less harmful, smoke-free alternatives,” said PMI Vice
President Global Event Partnerships, Riccardo Parino.

“Working together with Dorna, we can accelerate positive change for the
millions of MotoGP fans who smoke.”

The partnership will be used to raise awareness of the benefits of
quitting smoking and the potential role of innovative solutions based on
science for those adults who would otherwise continue to smoke. PMI and
Dorna will share more details about their joint initiative in 2019.

Dorna CEO Carmelo Ezpeleta said: “Dorna is passionate about constantly
improving the sport and the fan experience. Every year, technology and
innovation are helping to improve MotoGP racing. By working with PMI, we
can make a difference by encouraging a positive change at MotoGP events
around the world.”

Burning tobacco generates smoke and the vast majority of harmful
toxicants generally associated with smoking-related diseases. Since PMI
became a public company in 2008, we have spent more than USD 4.5 billion
to develop, substantiate and build manufacturing capacity for a wide
portfolio of smoke-free products.

Find out more about our vision of a smoke-free future at www.pmi.com.

About Philip Morris International: Building a Smoke-Free Future

Philip Morris International (PMI) is leading a transformation in the
tobacco industry to create a smoke-free future and ultimately replace
cigarettes to the benefit of adults who would otherwise continue to
smoke, society, the company and its shareholders. PMI is a leading
international tobacco company engaged in the manufacture and sale of
cigarettes, smoke-free products and associated electronic devices and
accessories, and other nicotine containing products in markets outside
the U.S. PMI is building a future on a new category of smoke-free
products that, while not risk-free, are a much better choice than
continuing to smoke.

Through multidisciplinary capabilities in product development,
state-of-the-art facilities and scientific substantiation, PMI aims to
ensure that its smoke-free products meet adult consumer preferences and
rigorous regulatory requirements. PMI’s smoke-free IQOS product
portfolio includes heated tobacco and nicotine-containing vapor
products. As of Sept. 30, 2018, PMI estimates that approximately 5.9
million adult smokers around the world have already stopped smoking and
switched to PMI’s heated tobacco product, which is currently available
for sale in 43 markets in key cities or nationwide under the IQOS
brand. For more information, see our PMI
and PMIScience
websites.

Contacts

Media enquiries
Philip Morris International media office
T:
+41 (0) 58 242 4500
E: simon.dowding@pmi.com

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