Mondelēz International Reports Q4 and FY 2021 Results

Mondelēz International Reports Q4 and FY 2021 Results

Full Year Highlights

• Net revenues increased +8.0% driven by Organic Net Revenue1 growth of +5.2%, favorablecurrency and acquisitions

• Diluted EPS was $3.04, up +23.1%; Adjusted EPS1 was $2.87, up +9.0% on a constant-currencybasis

• Cash provided by operating activities was $4.1 billion, an increase of +$0.2 billion versus prioryear; Free Cash Flow1 was $3.2 billion, an increase of +$0.1 billion

• Return of capital to shareholders was $3.9 billion

  Fourth Quarter Highlights

• Net revenues increased +4.9% primarily driven by Organic Net Revenue growth of +5.4%

• Diluted EPS was $0.71, down -11.3%; Adjusted EPS was $0.71, up +9.1% on a constant-currency

  basis

• Return of capital to shareholders was $0.8 billion

  CHICAGO, Ill. – January 27, 2022 – Mondelēz International, Inc. (Nasdaq: MDLZ) today reportedits fourth quarter 2021 results.

  "2021 marked another year of strong top and bottom-line results despite a challenging macroenvironment," said Dirk Van de Put, Chairman and Chief Executive Officer. "We continued to execute wellagainst our strategic growth initiatives with volume-led topline growth, strong profitability, increasedinvestments in brands and capabilities, and strong free cash flow generation. We further strengthenedour portfolio with the addition of several growth accretive acquisitions, which increase our exposure tobroader snacking categories and expanding profit pools. I am proud of the way our colleagues continueto respond to challenging operating conditions by maintaining focus on delivering great products for ourconsumers and customers, while advancing against our ESG goals. We are confident that our brands,strategy and focus on execution position us well to successfully navigate near-term volatility; to profitablydeliver against a clear set of sizable growth opportunities; and to achieve our long-term financial targetsin 2022 and beyond."