Mondelēz International Achieves Plastic Packaging Goals in the Philippines

Recently the Company released its 2023 global ESG report entitled the Snacking Made Right. In it, the Company shares its 2025 goal to have approximately 98% or more of its packaging designed to be recyclable. As of 2023, 96% of its packaging worldwide has been designed to be recyclable, while it continues to work on its goal of ensuring 5% of its plastic packaging worldwide will be made of recycled content. Designed to be recyclable means the materials used in its packaging have available waste streams for easier recycling and diversion.

Systems and infrastructure are critical for packaging materials to be recycled in practice. As

such, along with local market engagement, the Company continues to play an active role in the UN Global Treaty for Plastic Pollution via the Business Coalition.

In the Philippines, the Company has partnered with Plastic Credit Exchange (PCX) with a goal for the recovery and diversion of all the equivalent in-market yearly plastic packaging output for 2023 and now for 2024 as well. PCX partners with organizations that collect and divert post-consumer waste in a credible, traceable, transparent, and socially responsible manner. As part of the then-voluntary commitment to recycle plastic, the Company started collecting and diverting plastic packaging as early as 2019. In 2023 during the first year of the EPR Law, the Company was able to collect and divert the equivalent volumes of all its post-consumer plastic packaging used during the year.

The plastic collected for the Company has been diverted to avoid being marine waste or landfill and has been recycled into plastic flakes and upcycled into boards for building materials, among others. The partnership between Mondelēz International and PCX also supports the latter’s Aling Tindera program, which provides livelihood for sari-sari store owners who use their enterprises as plastic collection sites.

The Company has also invested in Circulate Capital in Southeast Asia and India, a fund which

aims to enhance focus on the physical collection of flexible films – lightweight, multi-layer plastics used by the snacking industry – that have traditionally been more difficult to collect, sort, recycle, and reuse. In 2023, Circulate Capital helped Mondelēz International prevent additional plastic pollution of 4,201 metric tons across Southeast Asia and India. This amount of plastic collected has also resulted in the reduction of greenhouse gas emissions.

Mondelēz International's efforts underscore its dedication to environmental responsibility and sustainability leadership. By prioritizing greener practices and embracing innovation, the Company continues to set the standard for Sustainable Snacking in the country.

Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150

countries around the world with 2023 net revenues of approximately $36 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita, and LU biscuits; Cadbury Dairy Milk, Milka, and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100, and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ.

Mondelez Philippines, Inc. has been providing consumers with delicious snack products for the

past 61 years - since 1963. Its product portfolio includes Tang powdered beverages, Eden cheese, mayonnaise, sandwich spread, Cheez Whiz spread, Oreo cookies, Tiger energy biscuits, as well as Toblerone and Cadbury Dairy Milk chocolates. The company employs about 450 people in the Philippines, with a manufacturing facility in Parañaque City. Visit https://ph.mondelezinternational.com/home