Altria Group, Inc. · NYSE:MO

Altria — Shareholder Meeting (May 2019)

29 slides from Altria's shareholder meeting presentation, May 16, 2019

  1. Slide 1: Altria Group, Inc. 2019 Annual Meeting of Shareholders

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 1

  2. Slide 2: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 2

  3. Slide 3: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 3

  4. Slide 4: Note: Third party trademarks are the property of their respective owners and are included

    Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 4

  5. Slide 5: Adjusted diluted EPS and total return

    +17.7% +21.2% $3.99 $3.20 $3.39 $2.64 2017 2018 Aug-17 Aug-18 *For reconciliation of non-GAAP to GAAP measures visit altria.com Source: Altria company reports Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 5

  6. Slide 6: Returned capital in 2018

    ($, in billions) $7.1 $1.7 Share Repurchases $5.4 Dividends 2018 Source: Altria company reports Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 6

  7. Slide 7: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 7

  8. Slide 8: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 8

  9. Slide 9: Cigarette retail share

    43.2% 43.2% Q4 2017 FY 2018 *For reconciliation of non-GAAP to GAAP measures visit altria.com Source: IRI/MSAi Info Scan Cigarette 2019-Blended. Note: It is IRI’s standard practice to periodically refresh its services, which could restate retail share results that were previously released. Altria Gr

  10. Slide 10: Smokeless products results

    +7.5% 53.9% 54.0% $1,464 $1,362 2017 2018 2017 2018 * For reconciliation of non-GAAP to GAAP measures see appendix. Source: IRI Info Scan Smokeless 2019 –MOC Note: It is IRI’s standard practice to periodically refresh its services, which could restate retail share results that were previously releas

  11. Slide 11: JUUL and Cronos investments

    1 35% economic interest in JUUL 2 45% equity stake in Cronos Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 11

  12. Slide 12: Note: Third party trademarks are the property of their respective owners and are included

    Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 12

  13. Slide 13: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 13

  14. Slide 14: Q1 2019 adjusted diluted EPS

    (5.3)% $0.95 $0.90 Q1 2018 Q1 2019 * For reconciliation of non-GAAP to GAAP measures visit altria.com Source: Altria company reports Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 14

  15. Slide 15: Smokeless, heat-not-burn and e-vapor

    Smokeless Heat-not-Burn E-Vapor Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 15

  16. Slide 16: TPSAC vote on Copenhagen Snuff modified risk claim

    TPSAC overwhelmingly voted that our proposed modified risk claim for Copenhagen Snuff is supported by scientific evidence. Note: Vote of 8 in favor and 1 abstention Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 16

  17. Slide 17: Note: Third party trademarks are the property of their respective owners and are included

      Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 17

  18. Slide 18: March

    20 15.1 12.9 13.1 12.2 10.4 9.0 0 2014 2015 2016 2017 2018 March 2019 Trademarks used for discussion purposes only. All third-party trademarks remain the property of their respective owners. Note: LA+ Source: ATCT Jul 2013 to March 2019 Altria Group, Inc. 2019 Annual Meeting of Shareholders l For In

  19. Slide 19: State legislation status

       ¹ NY, VT and MD are awaiting Governors signature. Information as of 5/10/19. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 19

  20. Slide 20: Smokeless, heat-not-burn and e-vapor

    Smokeless Heat-not-Burn E-Vapor Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 20

  21. Slide 21: Note: Third party trademarks are the property of their respective owners and are included

    Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 21

  22. Slide 22: Note: Third party trademarks are the property of their respective owners and are included

    Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 22

  23. Slide 23: Note: Third party trademarks are the property of their respective owners and are included

    Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 23

  24. Slide 24: Note: Third party trademarks are the property of their respective owners and are included

    Note: Third party trademarks are the property of their respective owners and are included for informational purposes only. Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 24

  25. Slide 25: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 25

  26. Slide 26: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 26

  27. Slide 27: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 27

  28. Slide 28: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

    Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 28

  29. Slide 29: Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only

     Altria Group, Inc. 2019 Annual Meeting of Shareholders l For Investor Purposes Only 29

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