We are pleased to confirm that effective April 1, 2020, your base salary will be increased to CHF 1’570’010.- annually, CHF 120’770.-- monthly. This represents a 3.8% increase.
All other conditions relating to your employment with Philip Morris Products S.A., formerly Philip Morris International Management SA, remain as stated in your employment contract and in any subsequent amendments.
PHILIP MORRIS PRODUCTS S.A.
/s/ DAMIEN HIROUX
Head of People Sustainability,
People & Culture Switzerland
Philip Morris Products S.A., Avenue de Rhodanie 50, 1007 Lausanne, Switzerland