Exhibit 99.1

U.S. GAAP to Non-GAAP Reconciliations

In addition to reporting our U.S. GAAP operating results, we have historically reported non-GAAP financial information. Refer also to our Quarterly Reports on Form 10-Q and our Annual Report on Form 10-K for the periods presented for additional information on our GAAP to non-GAAP adjustments.

Schedule 1.a

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Twelve Months Ended December 31, 2022
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	3,534		$	(117	)	$	423		$	3,228		$	865			26.8	%	$	22		$	(385	)	$	9	$	2,717		$	1.96
Simplify to Grow Program		122			(1	)		—			123			26						—			—			—		97			0.07
Intangible asset impairment charges		101			—			—			101			25						—			—			—		76			0.05
Mark-to-market (gains)/losses from derivatives		326			—			8			318			56						—			—			—		262			0.19
Acquisition integration costs and contingent consideration adjustments		136			(8	)		(4	)		148			72						—			—			—		76			0.05
Inventory step-up		25			—			—			25			7						—			—			—		18			0.01
Acquisition-related costs		330			—			76			254			(11	)					—			—			—		265			0.19
Divestiture-related costs		18			—			—			18			9						—			—			—		9			0.01
Net earnings from divestitures		(4	)		—			—			(4	)		(1	)					—			14			—		(17	)		(0.01	)
2017 malware incident net recoveries		(37	)		—			—			(37	)		(10	)					—			—			—		(27	)		(0.02	)
European Commission legal matter		318			—			—			318			—						—			—			—		318			0.23
Incremental costs due to war in Ukraine		121			—			—			121			(4	)					—			—			—		125			0.09
Remeasurement of net monetary position		40			—			—			40			—						—			—			—		40			0.03
Impact from pension participation changes		(1	)		—			(11	)		10			3						—			—			—		7			0.01
Loss on debt extinguishment and related expenses		—			—			(129	)		129			31						—			—			—		98			0.07
Initial impacts from enacted tax law changes		—			—			—			—			(17	)					—			—			—		17			0.01
Loss on equity method investment transactions		—			—			—			—			(2	)					(22	)		—			—		24			0.02
Equity method investee items		—			—			—			—			5						—			8			—		(13	)		(0.01	)
Adjusted (Non-GAAP)	$	5,029		$	(126	)	$	363		$	4,792		$	1,054			22.0	%	$	—		$	(363	)	$	9	$	4,092		$	2.95
Net earnings from divestiture - KDP		—			—			—			—			(19	)					—			100			—		(81	)		(0.05	)
Change in equity method investee items		—			—			—			—			(5	)					—			19			—		(14	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	5,029		$	(126	)	$	363		$	4,792		$	1,030			21.5	%	$	—		$	(244	)	$	9	$	3,997		$	2.89
Currency																												326			0.23
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	4,323		$	3.12
Diluted Average Shares Outstanding																															1,385

	For the Twelve Months Ended December 31, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	4,653		$	(163	)	$	447		$	4,369		$	1,190			27.2	%	$	(742	)	$	(393	)	$	14	$	4,300		$	3.04
Simplify to Grow Program		319			(2	)		—			321			83						—			—			—		238			0.17
Intangible asset impairment charges		32			—			—			32			8						—			—			—		24			0.02
Mark-to-market (gains)/losses from derivatives		(279	)		—			(4	)		(275	)		(44	)					2			—			—		(233	)		(0.17	)
Acquisition integration costs and contingent consideration adjustments		(40	)		—			—			(40	)		(12	)					—			—			—		(28	)		(0.02	)
Acquisition-related costs		25			—			—			25			4						—			—			—		21			0.01
Net gain on acquisition and divestitures		(8	)		—			—			(8	)		(3	)					—			—			—		(5	)		—
Divestiture-related costs		22			—			—			22			8						—			—			—		14			0.01
Net earnings from divestitures		(15	)		—			—			(15	)		(12	)					—			53			—		(56	)		(0.03	)
Remeasurement of net monetary position		13			—			—			13			—						—			—			—		13			0.01
Impact from pension participation changes		48			17			(11	)		42			8						—			—			—		34			0.02
Loss on debt extinguishment and related expenses		—			—			(137	)		137			34						—			—			—		103			0.07
Impact from resolution of tax matters		(5	)		—			2			(7	)		(1	)					—			—			—		(6	)		—
Initial impacts from enacted tax law changes		—			—			—			—			(100	)					—			—			—		100			0.07
Gain on equity method investment transactions		—			—			—			—			(184	)					740			—			—		(556	)		(0.39	)
Equity method investee items		—			—			—			—			4						—			(61	)		—		57			0.04
Adjusted (Non-GAAP)	$	4,765		$	(148	)	$	297		$	4,616		$	983			21.3	%	$	—		$	(401	)	$	14	$	4,020		$	2.85
Net earnings from divestiture - KDP		—			—			—			—			(17	)					—			98			—		(81	)		(0.06	)
Change in equity method investee items		—			—			—			—			(4	)					—			16			—		(12	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	4,765		$	(148	)	$	297		$	4,616		$	962			20.8	%	$	—		$	(287	)	$	14	$	3,927		$	2.78
Diluted Average Shares Outstanding																															1,413

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

1

Schedule 1.b

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended December 31, 2022
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	834		$	(24	)	$	86		$	772		$	270			35.0	%	$	3		$	(85	)	$	1	$	583		$	0.42
Simplify to Grow Program		53			—			—			53			10						—			—			—		43			0.03
Mark-to-market (gains)/losses from derivatives		58			—			(43	)		101			15						3			—			—		83			0.06
Acquisition integration costs and contingent consideration adjustments		40			(8	)		—			48			15						—			—			—		33			0.03
Inventory step-up		5			—			—			5			2						—			—			—		3			—
Acquisition-related costs		12			—			76			(64	)		(14	)					—			—			—		(50	)		(0.04	)
Divestiture-related costs		6			—			—			6			6						—			—			—		—			—
2017 malware incident net recoveries		(37	)		—			—			(37	)		(10	)					—			—			—		(27	)		(0.02	)
European Commission legal matter		318			—			—			318			—						—			—			—		318			0.23
Remeasurement of net monetary position		14			—			—			14			—						—			—			—		14			0.01
Impact from pension participation changes		(1	)		—			(3	)		2			1						—			—			—		1			—
Initial impacts from enacted tax law changes		—			—			—			—			5						—			—			—		(5	)		—
Loss on equity method investment transactions		—			—			—			—			(1	)					(6	)		—			—		7			0.01
Equity method investee items		—			—			—			—			6						—			(5	)		—		(1	)		—
Adjusted (Non-GAAP)	$	1,302		$	(32	)	$	116		$	1,218		$	305			25.0	%	$	—		$	(90	)	$	1	$	1,002		$	0.73
Net earnings from divestiture - KDP		—			—			—			—			(1	)					—			11			—		(10	)		(0.01	)
Change in equity method investee items		—			—			—			—			(6	)					—			24			—		(18	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	1,302		$	(32	)	$	116		$	1,218		$	298			24.5	%	$	—		$	(55	)	$	1	$	974		$	0.71
Currency																												72			0.05
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	1,046		$	0.76
Diluted Average Shares Outstanding																															1,375

	For the Three Months Ended December 31, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,204		$	(28	)	$	89		$	1,143		$	238			20.8	%	$	3		$	(103	)	$	2	$	1,003		$	0.71
Simplify to Grow Program		(62	)		(1	)		—			(61	)		(15	)					—			—			—		(46	)		(0.03	)
Mark-to-market (gains)/losses from derivatives		(9	)		—			—			(9	)		(2	)					—			—			—		(7	)		—
Acquisition integration costs and contingent consideration adjustments		14			—			—			14			2						—			—			—		12			0.01
Acquisition-related costs		1			—			—			1			—						—			—			—		1			—
Net gain on acquisition and divestitures		1			—			—			1			(1	)					—			—			—		2			—
Divestiture-related costs		22			—			—			22			8						—			—			—		14			0.01
Net earnings from divestitures		(4	)		—			—			(4	)		(1	)					—			7			—		(10	)		—
Remeasurement of net monetary position		3			—			—			3			—						—			—			—		3			—
Impact from pension participation changes		1			—			(3	)		4			—						—			—			—		4			—
Initial impacts from enacted tax law changes		—			—			—			—			(5	)					—			—			—		5			—
Loss on equity method investment transactions		—			—			—			—			—						(3	)		—			—		3			—
Equity method investee items		—			—			—			—			1						—			(10	)		—		9			0.01
Adjusted (Non-GAAP)	$	1,171		$	(29	)	$	86		$	1,114		$	225			20.2	%	$	—		$	(106	)	$	2	$	993		$	0.71
Net earnings from divestiture - KDP		—			—			—			—			(5	)					—			30			—		(25	)		(0.02	)
Change in equity method investee items		—			—			—			—			(1	)					—			4			—		(3	)		—
Adjusted (Non-GAAP) - As Recast	$	1,171		$	(29	)	$	86		$	1,114		$	219			19.7	%	$	—		$	(72	)	$	2	$	965		$	0.69
Diluted Average Shares Outstanding																															1,405

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

2

Schedule 1.c

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended September 30, 2022
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	679		$	(30	)	$	71		$	638		$	184			28.8	%	$	6		$	(85	)	$	1	$	532		$	0.39
Simplify to Grow Program		16			—			—			16			3						—			—			—		13			0.01
Intangible asset impairment charges		23			—			—			23			6						—			—			—		17			0.01
Mark-to-market (gains)/losses from derivatives		186			—			69			117			22						(3	)		—			—		98			0.07
Acquisition integration costs and contingent consideration adjustments		27			—			(1	)		28			6						—			—			—		22			0.02
Inventory step-up		20			—			—			20			5						—			—			—		15			0.01
Acquisition-related costs		292			—			—			292			—						—			—			—		292			0.21
Divestiture-related costs		6			—			—			6			2						—			—			—		4			—
Net earnings from divestitures		—			—			—			—			(1	)					—			—			—		1			—
Incremental costs due to war in Ukraine		(7	)		—			—			(7	)		(2	)					—			—			—		(5	)		—
Remeasurement of net monetary position		11			—			—			11			—						—			—			—		11			0.01
Impact from pension participation changes		—			—			(3	)		3			1						—			—			—		2			—
Initial impacts from enacted tax law changes		—			—			—			—			(13	)					—			—			—		13			0.01
Loss on equity method investment transactions		—			—			—			—			(1	)					(3	)		—			—		4			—
Equity method investee items		—			—			—			—			4						—			(1	)		—		(3	)		—
Adjusted (Non-GAAP)	$	1,253		$	(30	)	$	136		$	1,147		$	216			18.8	%	$	—		$	(86	)	$	1	$	1,016		$	0.74
Net earnings from divestiture - KDP		—			—			—			—			(1	)					—			13			—		(12	)		(0.01	)
Change in equity method investee items		—			—			—			—			(4	)					—			15			—		(11	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	1,253		$	(30	)	$	136		$	1,147		$	211			18.4	%	$	—		$	(58	)	$	1	$	993		$	0.72
Currency																												97			0.07
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	1,090		$	0.79
Diluted Average Shares Outstanding																															1,379

	For the Three Months Ended September 30, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,294		$	(37	)	$	82		$	1,249		$	342			27.4	%	$	(250	)	$	(105	)	$	4	$	1,258		$	0.89
Simplify to Grow Program		127			—			—			127			32						—			—			—		95			0.06
Mark-to-market (gains)/losses from derivatives		(132	)		—			—			(132	)		(24	)					2			—			—		(110	)		(0.08	)
Acquisition integration costs and contingent consideration adjustments		(57	)		—			—			(57	)		(15	)					—			—			—		(42	)		(0.03	)
Net earnings from divestitures		(6	)		—			—			(6	)		(4	)					—			13			—		(15	)		(0.01	)
Remeasurement of net monetary position		2			—			—			2			—						—			—			—		2			—
Impact from pension participation changes		2			3			(2	)		1			—						—			—			—		1			—
Initial impacts from enacted tax law changes		—			—			—			—			4						—			—			—		(4	)		—
Gain on equity method investment transactions		—			—			—			—			(59	)					248			—			—		(189	)		(0.13	)
Equity method investee items		—			—			—			—			—						—			4			—		(4	)		—
Adjusted (Non-GAAP)	$	1,230		$	(34	)	$	80		$	1,184		$	276			23.3	%	$	—		$	(88	)	$	4	$	992		$	0.70
Net earnings from divestiture - KDP		—			—			—			—			(4	)					—			25			—		(21	)		(0.01	)
Change in equity method investee items		—			—			—			—			—						—			2			—		(2	)		—
Adjusted (Non-GAAP) - As Recast	$	1,230		$	(34	)	$	80		$	1,184		$	272			23.0	%	$	—		$	(61	)	$	4	$	969		$	0.69
Diluted Average Shares Outstanding																															1,408

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

3

Schedule 1.d

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended June 30, 2022
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	927		$	(30	)	$	98		$	859		$	201			23.4	%	$	8		$	(98	)	$	1	$	747		$	0.54
Simplify to Grow Program		22			(1	)		—			23			6						—			—			—		17			0.01
Mark-to-market (gains)/losses from derivatives		109			—			(19	)		128			14						—			—			—		114			0.08
Acquisition integration costs and contingent consideration adjustments		37			—			—			37			1						—			—			—		36			0.03
Acquisition-related costs		5			—			—			5			2						—			—			—		3			—
Divestiture-related costs		5			—			—			5			1						—			—			—		4			—
Net earnings from divestitures		(3	)		—			—			(3	)		—						—			7			—		(10	)		(0.01	)
Incremental costs due to war in Ukraine		(15	)		—			—			(15	)		—						—			—			—		(15	)		(0.01	)
Remeasurement of net monetary position		10			—			—			10			—						—			—			—		10			0.01
Impact from pension participation changes		—			—			(2	)		2			—						—			—			—		2			—
Initial impacts from enacted tax law changes		—			—			—			—			(9	)					—			—			—		9			0.01
Loss on equity method investment transactions		—			—			—			—			—						(8	)		—			—		8			0.01
Equity method investee items		—			—			—			—			(2	)					—			11			—		(9	)		(0.01	)
Adjusted (Non-GAAP)	$	1,097		$	(31	)	$	77		$	1,051		$	214			20.4	%	$	—		$	(80	)	$	1	$	916		$	0.66
Net earnings from divestiture - KDP		—			—			—			—			(7	)					—			30			—		(23	)		(0.02	)
Change in equity method investee items		—			—			—			—			2						—			(7	)		—		5			0.01
Adjusted (Non-GAAP) - As Recast	$	1,097		$	(31	)	$	77		$	1,051		$	209			19.9	%	$	—		$	(57	)	$	1	$	898		$	0.65
Currency																												73			0.05
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	971		$	0.70
Diluted Average Shares Outstanding																															1,389

	For the Three Months Ended June 30, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	872		$	(54	)	$	58		$	868		$	398			45.9	%	$	(502	)	$	(107	)	$	1	$	1,078		$	0.76
Simplify to Grow Program		132			(1	)		—			133			35						—			—			—		98			0.07
Intangible asset impairment charges		32			—			—			32			8						—			—			—		24			0.02
Mark-to-market (gains)/losses from derivatives		(20	)		—			(3	)		(17	)		4						—			—			—		(21	)		(0.02	)
Acquisition integration costs and contingent consideration adjustments		2			—			—			2			1						—			—			—		1			—
Acquisition-related costs		17			—			—			17			3						—			—			—		14			0.01
Net earnings from divestitures		(4	)		—			—			(4	)		(4	)					—			17			—		(17	)		(0.01	)
Remeasurement of net monetary position		3			—			—			3			—						—			—			—		3			—
Impact from pension participation changes		44			14			(3	)		33			7						—			—			—		26			0.02
Impact from resolution of tax matters		(5	)		—			2			(7	)		(1	)					—			—			—		(6	)		—
Initial impacts from enacted tax law changes		—			—			—			—			(95	)					—			—			—		95			0.07
Gain on equity method investment transactions		—			—			—			—			(125	)					502			—			—		(377	)		(0.27	)
Equity method investee items		—			—			—			—			1						—			(5	)		—		4			—
Adjusted (Non-GAAP)	$	1,073		$	(41	)	$	54		$	1,060		$	232			21.9	%	$	—		$	(95	)	$	1	$	922		$	0.65
Net earnings from divestiture - KDP		—			—			—			—			(4	)					—			19			—		(15	)		(0.01	)
Change in equity method investee items		—			—			—			—			(1	)					—			4			—		(3	)		—
Adjusted (Non-GAAP) - As Recast	$	1,073		$	(41	)	$	54		$	1,060		$	227			21.4	%	$	—		$	(72	)	$	1	$	904		$	0.64
Diluted Average Shares Outstanding																															1,416

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

4

Schedule 1.e

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended March 31, 2022
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,094		$	(33	)	$	168		$	959		$	210			21.9	%	$	5		$	(117	)	$	6	$	855		$	0.61
Simplify to Grow Program		31			—			—			31			7						—			—			—		24			0.02
Intangible asset impairment charges		78			—			—			78			19						—			—			—		59			0.04
Mark-to-market (gains)/losses from derivatives		(27	)		—			1			(28	)		5						—			—			—		(33	)		(0.02	)
Acquisition integration costs and contingent consideration adjustments		32			—			(3	)		35			50						—			—			—		(15	)		(0.01	)
Acquisition-related costs		21			—			—			21			1						—			—			—		20			0.02
Divestiture-related costs		1			—			—			1			—						—			—			—		1			—
Net earnings from divestitures		(1	)		—			—			(1	)		—						—			7			—		(8	)		(0.01	)
Incremental costs due to war in Ukraine		143			—			—			143			(2	)					—			—			—		145			0.11
Remeasurement of net monetary position		5			—			—			5			—						—			—			—		5			—
Impact from pension participation changes		—			—			(3	)		3			1						—			—			—		2			—
Loss on debt extinguishment and related expenses		—			—			(129	)		129			31						—			—			—		98			0.07
Loss on equity method investment transactions		—			—			—			—			—						(5	)		—			—		5			—
Equity method investee items		—			—			—			—			(3	)					—			3			—		—			—
Adjusted (Non-GAAP)	$	1,377		$	(33	)	$	34		$	1,376		$	319			23.2	%	$	—		$	(107	)	$	6	$	1,158		$	0.83
Net earnings from divestiture - KDP		—			—			—			—			(10	)					—			46			—		(36	)		(0.02	)
Change in equity method investee items		—			—			—			—			3						—			(13	)		—		10			—
Adjusted (Non-GAAP) - As Recast	$	1,377		$	(33	)	$	34		$	1,376		$	312			22.7	%	$	—		$	(74	)	$	6	$	1,132		$	0.81
Currency																												84			0.06
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	1,216		$	0.87
Diluted Average Shares Outstanding																															1,398

	For the Three Months Ended March 31, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,283		$	(44	)	$	218		$	1,109		$	212			19.1	%	$	7		$	(78	)	$	7	$	961		$	0.68
Simplify to Grow Program		122			—			—			122			31						—			—			—		91			0.07
Mark-to-market (gains)/losses from derivatives		(118	)		—			(1	)		(117	)		(22	)					—			—			—		(95	)		(0.07	)
Acquisition integration costs and contingent consideration adjustments		1			—			—			1			—						—			—			—		1			—
Acquisition-related costs		7			—			—			7			1						—			—			—		6			0.01
Net gain on acquisition and divestitures		(9	)		—			—			(9	)		(2	)					—			—			—		(7	)		—
Net earnings from divestitures		(1	)		—			—			(1	)		(3	)					—			16			—		(14	)		(0.01	)
Remeasurement of net monetary position		5			—			—			5			—						—			—			—		5			—
Impact from pension participation changes		1			—			(3	)		4			1						—			—			—		3			—
Loss on debt extinguishment and related expenses		—			—			(137	)		137			34						—			—			—		103			0.07
Initial impacts from enacted tax law changes		—			—			—			—			(4	)					—			—			—		4			—
Loss on equity method investment transactions		—			—			—			—			—						(7	)		—			—		7			—
Equity method investee items		—			—			—			—			2						—			(50	)		—		48			0.03
Adjusted (Non-GAAP)	$	1,291		$	(44	)	$	77		$	1,258		$	250			19.9	%	$	—		$	(112	)	$	7	$	1,113		$	0.78
Net earnings from divestiture - KDP		—			—			—			—			(4	)					—			24			—		(20	)		(0.01	)
Change in equity method investee items		—			—			—			—			(2	)					—			6			—		(4	)		—
Adjusted (Non-GAAP) - As Recast	$	1,291		$	(44	)	$	77		$	1,258		$	244			19.4	%	$	—		$	(82	)	$	7	$	1,089		$	0.77
Diluted Average Shares Outstanding																															1,422

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

5

Schedule 1.f

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Twelve Months Ended December 31, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	4,653		$	(163	)	$	447		$	4,369		$	1,190			27.2	%	$	(742	)	$	(393	)	$	14	$	4,300		$	3.04
Simplify to Grow Program		319			(2	)		—			321			83						—			—			—		238			0.17
Intangible asset impairment charges		32			—			—			32			8						—			—			—		24			0.02
Mark-to-market (gains)/losses from derivatives		(279	)		—			(4	)		(275	)		(44	)					2			—			—		(233	)		(0.17	)
Acquisition integration costs and contingent consideration adjustments		(40	)		—			—			(40	)		(12	)					—			—			—		(28	)		(0.02	)
Acquisition-related costs		25			—			—			25			4						—			—			—		21			0.01
Net gain on acquisition and divestitures		(8	)		—			—			(8	)		(3	)					—			—			—		(5	)		—
Divestiture-related costs		22			—			—			22			8						—			—			—		14			0.01
Net earnings from divestitures		(15	)		—			—			(15	)		(12	)					—			53			—		(56	)		(0.03	)
Remeasurement of net monetary position		13			—			—			13			—						—			—			—		13			0.01
Impact from pension participation changes		48			17			(11	)		42			8						—			—			—		34			0.02
Loss on debt extinguishment and related expenses		—			—			(137	)		137			34						—			—			—		103			0.07
Impact from resolution of tax matters		(5	)		—			2			(7	)		(1	)					—			—			—		(6	)		—
Initial impacts from enacted tax law changes		—			—			—			—			(100	)					—			—			—		100			0.07
Gain on equity method investment transactions		—			—			—			—			(184	)					740			—			—		(556	)		(0.39	)
Equity method investee items		—			—			—			—			4						—			(61	)		—		57			0.04
Adjusted (Non-GAAP)	$	4,765		$	(148	)	$	297		$	4,616		$	983			21.3	%	$	—		$	(401	)	$	14	$	4,020		$	2.85
Net earnings from divestiture - KDP		—			—			—			—			(17	)					—			98			—		(81	)		(0.06	)
Change in equity method investee items		—			—			—			—			(4	)					—			16			—		(12	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	4,765		$	(148	)	$	297		$	4,616		$	962			20.8	%	$	—		$	(287	)	$	14	$	3,927		$	2.78
Currency																												(118	)		(0.08	)
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	3,809		$	2.70
Diluted Average Shares Outstanding																															1,413

	For the Twelve Months Ended December 31, 2020
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	3,853		$	(138	)	$	608		$	3,383		$	1,224			36.2	%	$	(989	)	$	(421	)	$	14	$	3,555		$	2.47
Simplify to Grow Program		360			(3	)		—			363			81						—			—			—		282			0.20
Intangible asset impairment charges		144			—			—			144			33						—			—			—		111			0.08
Mark-to-market (gains)/losses from derivatives		(16	)		—			3			(19	)		(8	)					—			—			—		(11	)		(0.01	)
Acquisition integration costs		4			—			—			4			2						—			—			—		2			—
Acquisition-related costs		15			—			—			15			—						—			—			—		15			0.01
Divestiture-related costs		4			—			—			4			—						—			—			—		4			—
Net earnings from divestitures		(2	)		—			—			(2	)		(26	)					—			135			—		(111	)		(0.08	)
Costs associated with JDE Peet’s transaction		48			—			—			48			(250	)					—			—			—		298			0.20
Remeasurement of net monetary position		9			—			—			9			—						—			—			—		9			0.01
Impact from pension participation changes		—			—			(11	)		11			2						—			—			—		9			0.01
Loss related to interest rate swaps		—			—			(103	)		103			24						—			—			—		79			0.05
Loss on debt extinguishment and related expenses		—			—			(185	)		185			46						—			—			—		139			0.10
Impact from resolution of tax matters		(20	)		—			28			(48	)		(16	)					—			—			—		(32	)		(0.02	)
Initial impacts from enacted tax law changes		—			—			—			—			(36	)					—			—			—		36			0.02
Gain on equity method investment transactions		—			—			—			—			(202	)					989			—			—		(787	)		(0.55	)
Equity method investee items		—			—			—			—			4						—			(72	)		—		68			0.05
Adjusted (Non-GAAP)	$	4,399		$	(141	)	$	340		$	4,200		$	878			20.9	%	$	—		$	(358	)	$	14	$	3,666		$	2.54
Net earnings from divestiture - KDP		—			—			—			—			(5	)					—			75			—		(70	)		(0.04	)
Change in equity method investee items		—			—			—			—			(4	)					—			19			—		(15	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	4,399		$	(141	)	$	340		$	4,200		$	869			20.7	%	$	—		$	(264	)	$	14	$	3,581		$	2.49
Diluted Average Shares Outstanding																															1,441

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

6

Schedule 1.g

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended December 31, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,204		$	(28	)	$	89		$	1,143		$	238			20.8	%	$	3		$	(103	)	$	2	$	1,003		$	0.71
Simplify to Grow Program		(62	)		(1	)		—			(61	)		(15	)					—			—			—		(46	)		(0.03	)
Mark-to-market (gains)/losses from derivatives		(9	)		—			—			(9	)		(2	)					—			—			—		(7	)		—
Acquisition integration costs and contingent consideration adjustments		14			—			—			14			2						—			—			—		12			0.01
Acquisition-related costs		1			—			—			1			—						—			—			—		1			—
Net gain on acquisition and divestitures		1			—			—			1			(1	)					—			—			—		2			—
Divestiture-related costs		22			—			—			22			8						—			—			—		14			0.01
Net earnings from divestitures		(4	)		—			—			(4	)		(1	)					—			7			—		(10	)		—
Remeasurement of net monetary position		3			—			—			3			—						—			—			—		3			—
Impact from pension participation changes		1			—			(3	)		4			—						—			—			—		4			—
Initial impacts from enacted tax law changes		—			—			—			—			(5	)					—			—			—		5			—
Gain on equity method investment transactions		—			—			—			—			—						(3	)		—			—		3			—
Equity method investee items		—			—			—			—			1						—			(10	)		—		9			0.01
Adjusted (Non-GAAP)	$	1,171		$	(29	)	$	86		$	1,114		$	225			20.2	%	$	—		$	(106	)	$	2	$	993		$	0.71
Net earnings from divestiture - KDP		—			—			—			—			(5	)					—			30			—		(25	)		(0.02	)
Change in equity method investee items		—			—			—			—			(1	)					—			4			—		(3	)		—
Adjusted (Non-GAAP) - As Recast	$	1,171		$	(29	)	$	86		$	1,114		$	219			19.7	%	$	—		$	(72	)	$	2	$	965		$	0.69
Currency																												13			0.01
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	978		$	0.70
Diluted Average Shares Outstanding																															1,405

	For the Three Months Ended December 31, 2020
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,149		$	(36	)	$	244		$	941		$	344			36.6	%	$	(452	)	$	(110	)	$	3	$	1,156		$	0.80
Simplify to Grow Program		112			1			—			111			26						—			—			—		85			0.06
Mark-to-market (gains)/losses from derivatives		(58	)		—			(1	)		(57	)		(13	)					—			—			—		(44	)		(0.03	)
Acquisition integration costs		2			—			—			2			2						—			—			—		—			—
Net earnings from divestitures		1			—			—			1			(4	)					—			31			—		(26	)		(0.01	)
Costs associated with JDE Peet’s transaction		—			—			—			—			11						—			—			—		(11	)		(0.01	)
Remeasurement of net monetary position		2			—			—			2			—						—			—			—		2			—
Impact from pension participation changes		—			—			(2	)		2			—						—			—			—		2			—
Loss on debt extinguishment and related expenses		—			—			(185	)		185			46						—			—			—		139			0.10
Impact from resolution of tax matters		(20	)		—			28			(48	)		(16	)					—			—			—		(32	)		(0.02	)
Initial impacts from enacted tax law changes		—			—			—			—			(6	)					—			—			—		6			—
Gain on equity method investment transactions		—			—			—			—			(108	)					452			—			—		(344	)		(0.24	)
Equity method investee items		—			—			—			—			—						—			(13	)		—		13			0.01
Rounding		1			—			—			1			—						—			—			—		1			—
Adjusted (Non-GAAP)	$	1,189		$	(35	)	$	84		$	1,140		$	282			24.7	%	$	—		$	(92	)	$	3	$	947		$	0.66
Net earnings from divestiture - KDP		—			—			—			—			(2	)					—			25			—		(23	)		(0.02	)
Change in equity method investee items		—			—			—			—			—						—			2			—		(2	)		—
Adjusted (Non-GAAP) - As Recast	$	1,189		$	(35	)	$	84		$	1,140		$	280			24.6	%	$	—		$	(65	)	$	3	$	922		$	0.64
Diluted Average Shares Outstanding																															1,439

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

7

Schedule 1.h

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended September 30, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,294		$	(37	)	$	82		$	1,249		$	342			27.4	%	$	(250	)	$	(105	)	$	4	$	1,258		$	0.89
Simplify to Grow Program		127			—			—			127			32						—			—			—		95			0.06
Mark-to-market (gains)/losses from derivatives		(132	)		—			—			(132	)		(24	)					2			—			—		(110	)		(0.08	)
Acquisition integration costs and contingent consideration adjustments		(57	)		—			—			(57	)		(15	)					—			—			—		(42	)		(0.03	)
Net earnings from divestitures		(6	)		—			—			(6	)		(4	)					—			13			—		(15	)		(0.01	)
Remeasurement of net monetary position		2			—			—			2			—						—			—			—		2			—
Impact from pension participation changes		2			3			(2	)		1			—						—			—			—		1			—
Initial impacts from enacted tax law changes		—			—			—			—			4						—			—			—		(4	)		—
Gain on equity method investment transactions		—			—			—			—			(59	)					248			—			—		(189	)		(0.13	)
Equity method investee items		—			—			—			—			—						—			4			—		(4	)		—
Adjusted (Non-GAAP)	$	1,230		$	(34	)	$	80		$	1,184		$	276			23.3	%	$	—		$	(88	)	$	4	$	992		$	0.70
Net earnings from divestiture - KDP		—			—			—			—			(4	)					—			25			—		(21	)		(0.01	)
Change in equity method investee items		—			—			—			—			—						—			2			—		(2	)		—
Adjusted (Non-GAAP) - As Recast	$	1,230		$	(34	)	$	80		$	1,184		$	272			23.0	%	$	—		$	(61	)	$	4	$	969		$	0.69
Currency																												(23	)		(0.02	)
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	946		$	0.67
Diluted Average Shares Outstanding																															1,408

	For the Three Months Ended September 30, 2020
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,135		$	(38	)	$	89		$	1,084		$	391			36.1	%	$	(345	)	$	(84	)	$	3	$	1,119		$	0.78
Simplify to Grow Program		114			—			—			114			22						—			—			—		92			0.06
Intangible asset impairment charges		54			—			—			54			12						—			—			—		42			0.03
Mark-to-market (gains)/losses from derivatives		(145	)		—			3			(148	)		(27	)					—			—			—		(121	)		(0.08	)
Acquisition-related costs		—			—			—			—			(3	)					—			—			—		3			—
Divestiture-related costs		6			—			—			6			—						—			—			—		6			—
Net earnings from divestitures		(2	)		—			—			(2	)		(11	)					—			31			—		(22	)		(0.01	)
Remeasurement of net monetary position		2			—			—			2			—						—			—			—		2			—
Impact from pension participation changes		—			—			(3	)		3			1						—			—			—		2			—
Initial impacts from enacted tax law changes		—			—			—			—			(30	)					—			—			—		30			0.02
Gain on equity method investment transactions		—			—			—			—			(77	)					345			—			—		(268	)		(0.19	)
Equity method investee items		—			—			—			—			—						—			(29	)		—		29			0.02
Rounding		(1	)		—			—			(1	)		—						—			—			—		(1	)		—
Adjusted (Non-GAAP)	$	1,163		$	(38	)	$	89		$	1,112		$	278			25.0	%	$	—		$	(82	)	$	3	$	913		$	0.63
Net earnings from divestiture - KDP		—			—			—			—			(2	)					—			18			—		(16	)		(0.01	)
Change in equity method investee items		—			—			—			—			—						—			3			—		(3	)		—
Adjusted (Non-GAAP) - As Recast	$	1,163		$	(38	)	$	89		$	1,112		$	276			24.8	%	$	—		$	(61	)	$	3	$	894		$	0.62
Diluted Average Shares Outstanding																															1,442

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

8

Schedule 1.i

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended June 30, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	872		$	(54	)	$	58		$	868		$	398			45.9	%	$	(502	)	$	(107	)	$	1	$	1,078		$	0.76
Simplify to Grow Program		132			(1	)		—			133			35						—			—			—		98			0.07
Intangible asset impairment charges		32			—			—			32			8						—			—			—		24			0.02
Mark-to-market (gains)/losses from derivatives		(20	)		—			(3	)		(17	)		4						—			—			—		(21	)		(0.02	)
Acquisition integration costs and contingent consideration adjustments		2			—			—			2			1						—			—			—		1			—
Acquisition-related costs		17			—			—			17			3						—			—			—		14			0.01
Net earnings from divestitures		(4	)		—			—			(4	)		(4	)					—			17			—		(17	)		(0.01	)
Remeasurement of net monetary position		3			—			—			3			—						—			—			—		3			—
Impact from pension participation changes		44			14			(3	)		33			7						—			—			—		26			0.02
Impact from resolution of tax matters		(5	)		—			2			(7	)		(1	)					—			—			—		(6	)		—
Initial impacts from enacted tax law changes		—			—			—			—			(95	)					—			—			—		95			0.07
Gain on equity method investment transactions		—			—			—			—			(125	)					502			—			—		(377	)		(0.27	)
Equity method investee items		—			—			—			—			1						—			(5	)		—		4			—
Adjusted (Non-GAAP)	$	1,073		$	(41	)	$	54		$	1,060		$	232			21.9	%	$	—		$	(95	)	$	1	$	922		$	0.65
Net earnings from divestiture - KDP		—			—			—			—			(4	)					—			19			—		(15	)		(0.01	)
Change in equity method investee items		—			—			—			—			(1	)					—			4			—		(3	)		—
Adjusted (Non-GAAP) - As Recast	$	1,073		$	(41	)	$	54		$	1,060		$	227			21.4	%	$	—		$	(72	)	$	1	$	904		$	0.64
Currency																												(61	)		(0.04	)
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	843		$	0.60
Diluted Average Shares Outstanding																															1,416

	For the Three Months Ended June 30, 2020
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	713		$	(31	)	$	85		$	659		$	341			51.7	%	$	(121	)	$	(106	)	$	1	$	544		$	0.38
Simplify to Grow Program		76			(4	)		—			80			20						—			—			—		60			0.04
Intangible asset impairment charges		90			—			—			90			21						—			—			—		69			0.05
Mark-to-market (gains)/losses from derivatives		2			—			—			2			—						—			—			—		2			—
Acquisition integration costs		2			—			—			2			—						—			—			—		2			—
Acquisition-related costs		10			—			—			10			2						—			—			—		8			0.01
Divestiture-related costs		(2	)		—			—			(2	)		—						—			—			—		(2	)		—
Net earnings from divestitures		1			—			—			1			(5	)					—			28			—		(22	)		(0.02	)
Costs associated with JDE Peet’s transaction		48			—			—			48			(261	)					—			—			—		309			0.21
Remeasurement of net monetary position		3			—			—			3			—						—			—			—		3			—
Impact from pension participation changes		—			—			(3	)		3			—						—			—			—		3			—
Gain on equity method investment transactions		—			—			—			—			—						121			—			—		(121	)		(0.08	)
Equity method investee items		—			—			—			—			4						—			(17	)		—		13			0.01
Adjusted (Non-GAAP)	$	943		$	(35	)	$	82		$	896		$	122			13.6	%	$	—		$	(95	)	$	1	$	868		$	0.60
Net earnings from divestiture - KDP		—			—			—			—			1						—			9			—		(10	)		(0.01	)
Change in equity method investee items		—			—			—			—			(4	)					—			12			—		(8	)		—
Adjusted (Non-GAAP) - As Recast	$	943		$	(35	)	$	82		$	896		$	119			13.3	%	$	—		$	(74	)	$	1	$	850		$	0.59
Diluted Average Shares Outstanding																															1,439

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

9

Schedule 1.j

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Three Months Ended March 31, 2021
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	1,283		$	(44	)	$	218		$	1,109		$	212			19.1	%	$	7		$	(78	)	$	7	$	961		$	0.68
Simplify to Grow Program		122			—			—			122			31						—			—			—		91			0.07
Mark-to-market (gains)/losses from derivatives		(118	)		—			(1	)		(117	)		(22	)					—			—			—		(95	)		(0.07	)
Acquisition integration costs and contingent consideration adjustments		1			—			—			1			—						—			—			—		1			—
Acquisition-related costs		7			—			—			7			1						—			—			—		6			0.01
Net gain on acquisition and divestitures		(9	)		—			—			(9	)		(2	)					—			—			—		(7	)		—
Net earnings from divestitures		(1	)		—			—			(1	)		(3	)					—			16			—		(14	)		(0.01	)
Remeasurement of net monetary position		5			—			—			5			—						—			—			—		5			—
Impact from pension participation changes		1			—			(3	)		4			1						—			—			—		3			—
Loss on debt extinguishment and related expenses		—			—			(137	)		137			34						—			—			—		103			0.07
Initial impacts from enacted tax law changes		—			—			—			—			(4	)					—			—			—		4			—
Gain on equity method investment transactions		—			—			—			—			—						(7	)		—			—		7			—
Equity method investee items		—			—			—			—			2						—			(50	)		—		48			0.03
Adjusted (Non-GAAP)	$	1,291		$	(44	)	$	77		$	1,258		$	250			19.9	%	$	—		$	(112	)	$	7	$	1,113		$	0.78
Net earnings from divestiture - KDP		—			—			—			—			(4	)					—			24			—		(20	)		(0.01	)
Change in equity method investee items		—			—			—			—			(2	)					—			6			—		(4	)		—
Adjusted (Non-GAAP) - As Recast	$	1,291		$	(44	)	$	77		$	1,258		$	244			19.4	%	$	—		$	(82	)	$	7	$	1,089		$	0.77
Currency																												(47	)		(0.04	)
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	1,042		$	0.73
Diluted Average Shares Outstanding																															1,422

	For the Three Months Ended March 31, 2020
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	856		$	(33	)	$	190		$	699		$	148			21.2	%	$	(71	)	$	(121	)	$	7	$	736		$	0.51
Simplify to Grow Program		58			—			—			58			13						—			—			—		45			0.03
Mark-to-market (gains)/losses from derivatives		185			—			1			184			32						—			—			—		152			0.11
Acquisition-related costs		5			—			—			5			1						—			—			—		4			—
Net earnings from divestitures		(2	)		—			—			(2	)		(6	)					—			45			—		(41	)		(0.02	)
Remeasurement of net monetary position		2			—			—			2			—						—			—			—		2			—
Impact from pension participation changes		—			—			(3	)		3			1						—			—			—		2			—
Loss related to interest rate swaps		—			—			(103	)		103			24						—			—			—		79			0.05
Gain on equity method investment transactions		—			—			—			—			(17	)					71			—			—		(54	)		(0.04	)
Equity method investee items		—			—			—			—			—						—			(13	)		—		13			0.01
Adjusted (Non-GAAP)	$	1,104		$	(33	)	$	85		$	1,052		$	196			18.6	%	$	—		$	(89	)	$	7	$	938		$	0.65
Net earnings from divestiture - KDP		—			—			—			—			(2	)					—			23			—		(21	)		(0.02	)
Change in equity method investee items		—			—			—			—			—						—			2			—		(2	)		—
Adjusted (Non-GAAP) - As Recast	$	1,104		$	(33	)	$	85		$	1,052		$	194			18.4	%	$	—		$	(64	)	$	7	$	915		$	0.63
Diluted Average Shares Outstanding																															1,445

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

10

Schedule 1.k

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

	For the Twelve Months Ended December 31, 2020
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Gain on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	3,853		$	(138	)	$	608		$	3,383		$	1,224			36.2	%	$	(989	)	$	(421	)	$	14	$	3,555		$	2.47
Simplify to Grow Program		360			(3	)		—			363			81						—			—			—		282			0.20
Intangible asset impairment charges		144			—			—			144			33						—			—			—		111			0.08
Mark-to-market (gains)/losses from derivatives		(16	)		—			3			(19	)		(8	)					—			—			—		(11	)		(0.01	)
Acquisition integration costs		4			—			—			4			2						—			—			—		2			—
Acquisition-related costs		15			—			—			15			—						—			—			—		15			0.01
Divestiture-related costs		4			—			—			4			—						—			—			—		4			—
Net earnings from divestitures		(2	)		—			—			(2	)		(26	)					—			135			—		(111	)		(0.08	)
Costs associated with JDE Peet’s transaction		48			—			—			48			(250	)					—			—			—		298			0.20
Remeasurement of net monetary position		9			—			—			9			—						—			—			—		9			0.01
Impact from pension participation changes		—			—			(11	)		11			2						—			—			—		9			0.01
Loss related to interest rate swaps		—			—			(103	)		103			24						—			—			—		79			0.05
Loss on debt extinguishment and related expenses		—			—			(185	)		185			46						—			—			—		139			0.10
Impact from resolution of tax matters		(20	)		—			28			(48	)		(16	)					—			—			—		(32	)		(0.02	)
Initial impacts from enacted tax law changes		—			—			—			—			(36	)					—			—			—		36			0.02
Gain on equity method investment transactions		—			—			—			—			(202	)					989			—			—		(787	)		(0.55	)
Equity method investee items		—			—			—			—			4						—			(72	)		—		68			0.05
Adjusted (Non-GAAP)	$	4,399		$	(141	)	$	340		$	4,200		$	878			20.9	%	$	—		$	(358	)	$	14	$	3,666		$	2.54
Net earnings from divestiture - KDP		—			—			—			—			(5	)					—			75			—		(70	)		(0.04	)
Change in equity method investee items		—			—			—			—			(4	)					—			19			—		(15	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	4,399		$	(141	)	$	340		$	4,200		$	869			20.7	%	$	—		$	(264	)	$	14	$	3,581		$	2.49
Currency																												49			0.03
Adjusted @ Constant FX (Non-GAAP) - As Recast																											$	3,630		$	2.52
Diluted Average Shares Outstanding																															1,441

	For the Twelve Months Ended December 31, 2019
	Operating Income			Benefit plan non- service expense / (income)			Interest and other expense, net			Earnings before income taxes			Income taxes (1)			Effective tax rate			Loss on equity method investment transactions			Equity method investment net losses / (earnings)			Non- controlling interest earnings		Net Earnings attributable to Mondelēz International			Diluted EPS attributable to Mondelēz International
Reported (GAAP)	$	3,843		$	(60	)	$	456		$	3,447		$	2			0.1	%	$	2		$	(501	)	$	15	$	3,929		$	2.69
Simplify to Grow Program		442			(6	)		—			448			103						—			—			—		345			0.24
Intangible asset impairment charges		57			—			—			57			14						—			—			—		43			0.03
Mark-to-market (gains)/losses from derivatives		(91	)		—			(1	)		(90	)		(19	)					—			—			—		(71	)		(0.05	)
Acquisition-related costs		3			—			—			3			1						—			—			—		2			—
Gain on divestitures		(44	)		—			—			(44	)		(3	)					—			—			—		(41	)		(0.03	)
Divestiture-related costs		6			—			—			6			—						—			—			—		6			—
Net earnings from divestitures		(16	)		—			—			(16	)		(26	)					—			159			—		(149	)		(0.10	)
Remeasurement of net monetary position		(4	)		—			—			(4	)		—						—			—			—		(4	)		—
Impact from pension participation changes		(35	)		—			(6	)		(29	)		(8	)					—			—			—		(21	)		(0.02	)
CEO transition remuneration		9			—			—			9			—						—			—			—		9			0.01
Loss related to interest rate swaps		—			—			(111	)		111			—						—			—			—		111			0.08
Impact from resolution of tax matters		85			—			—			85			21						—			—			—		64			0.05
Initial impacts from enacted tax law changes		2			—			—			2			754						—			—			—		(752	)		(0.52	)
Loss on equity method investment transactions		—			—			—			—			(6	)					(2	)		—			—		8			0.01
Equity method investee items		—			—			—			—			3						—			12			—		(15	)		(0.01	)
Adjusted (Non-GAAP)	$	4,257		$	(66	)	$	338		$	3,985		$	836			21.0	%	$	—		$	(330	)	$	15	$	3,464		$	2.38
Net earnings from divestiture - KDP		—			—			—			—			(1	)					—			63			—		(62	)		(0.05	)
Change in equity method investee items		—			—			—			—			(3	)					—			19			—		(16	)		(0.01	)
Adjusted (Non-GAAP) - As Recast	$	4,257		$	(66	)	$	338		$	3,985		$	832			20.9	%	$	—		$	(248	)	$	15	$	3,386		$	2.32
Diluted Average Shares Outstanding																															1,458

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

11

Schedule 2.a

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Twelve Months Ended December 31,
	2022			2021			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	1.96		$	3.04		$	(1.08	)		(35.5	)%
Simplify to Grow Program		0.07			0.17			(0.10	)
Intangible asset impairment charges		0.05			0.02			0.03
Mark-to-market (gains)/losses from derivatives		0.19			(0.17	)		0.36
Acquisition integration costs and contingent consideration adjustments		0.05			(0.02	)		0.07
Inventory step-up		0.01			—			0.01
Acquisition-related costs		0.19			0.01			0.18
Divestiture-related costs		0.01			0.01			—
Net earnings from divestitures		(0.01	)		(0.03	)		0.02
2017 malware incident net recoveries		(0.02	)		—			(0.02	)
European Commission legal matter		0.23			—			0.23
Incremental costs due to war in Ukraine		0.09			—			0.09
Remeasurement of net monetary position		0.03			0.01			0.02
Impact from pension participation changes		0.01			0.02			(0.01	)
Loss on debt extinguishment and related expenses		0.07			0.07			—
Initial impacts from enacted tax law changes		0.01			0.07			(0.06	)
Loss/(gain) on equity method investment transactions		0.02			(0.39	)		0.41
Equity method investee items		(0.01	)		0.04			(0.05	)
Adjusted EPS (Non-GAAP)	$	2.95		$	2.85		$	0.10			3.5	%
Net earnings from divestiture - KDP		(0.05	)		(0.06	)		0.01
Change in equity method investee items		(0.01	)		(0.01	)		—
Adjusted EPS (Non-GAAP) - As Recast	$	2.89		$	2.78		$	0.11			4.0	%
Impact of unfavorable currency		0.23			—			0.23
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	3.12		$	2.78		$	0.34			12.2	%

12

Schedule 2.b

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended December 31,
	2022			2021			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.42		$	0.71		$	(0.29	)		(40.8	)%
Simplify to Grow Program		0.03			(0.03	)		0.06
Mark-to-market (gains)/losses from derivatives		0.06			—			0.06
Acquisition integration costs and contingent consideration adjustments		0.03			0.01			0.02
Acquisition-related costs		(0.04	)		—			(0.04	)
Divestiture-related costs		—			0.01			(0.01	)
2017 malware incident net recoveries		(0.02	)		—			(0.02	)
European Commission legal matter		0.23			—			0.23
Remeasurement of net monetary position		0.01			—			0.01
Loss on equity method investment transactions		0.01			—			0.01
Equity method investee items		—			0.01			(0.01	)
Adjusted EPS (Non-GAAP)	$	0.73		$	0.71		$	0.02			2.8	%
Net earnings from divestiture - KDP		(0.01	)		(0.02	)		0.01
Change in equity method investee items		(0.01	)		—			(0.01	)
Adjusted EPS (Non-GAAP) - As Recast	$	0.71		$	0.69		$	0.02			2.9	%
Impact of unfavorable currency		0.05			—			0.05
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.76		$	0.69		$	0.07			10.1	%

13

Schedule 2.c

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended September 30,
	2022			2021			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.39		$	0.89		$	(0.50	)		(56.2	)%
Simplify to Grow Program		0.01			0.06			(0.05	)
Intangible asset impairment charges		0.01			—			0.01
Mark-to-market (gains)/losses from derivatives		0.07			(0.08	)		0.15
Acquisition integration costs and contingent consideration adjustments		0.02			(0.03	)		0.05
Inventory step-up		0.01			—			0.01
Acquisition-related costs		0.21			—			0.21
Net earnings from divestitures		—			(0.01	)		0.01
Remeasurement of net monetary position		0.01			—			0.01
Initial impacts from enacted tax law changes		0.01			—			0.01
Gain on equity method investment transactions		—			(0.13	)		0.13
Adjusted EPS (Non-GAAP)	$	0.74		$	0.70		$	0.04			5.7	%
Net earnings from divestiture - KDP		(0.01	)		(0.01	)		—
Change in equity method investee items		(0.01	)		—			(0.01	)
Adjusted EPS (Non-GAAP) - As Recast	$	0.72		$	0.69		$	0.03			4.3	%
Impact of unfavorable currency		0.07			—			0.07
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.79		$	0.69		$	0.10			14.5	%

14

Schedule 2.d

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended June 30,
	2022			2021			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.54		$	0.76		$	(0.22	)		(28.9	)%
Simplify to Grow Program		0.01			0.07			(0.06	)
Intangible asset impairment charges		—			0.02			(0.02	)
Mark-to-market (gains)/losses from derivatives		0.08			(0.02	)		0.10
Acquisition integration costs and contingent consideration adjustments		0.03			—			0.03
Acquisition-related costs		—			0.01			(0.01	)
Net earnings from divestitures		(0.01	)		(0.01	)		—
Incremental costs due to war in Ukraine		(0.01	)		—			(0.01	)
Remeasurement of net monetary position		0.01			—			0.01
Impact from pension participation changes		—			0.02			(0.02	)
Initial impacts from enacted tax law changes		0.01			0.07			(0.06	)
Loss/(gain) on equity method investment transactions		0.01			(0.27	)		0.28
Equity method investee items		(0.01	)		—			(0.01	)
Adjusted EPS (Non-GAAP)	$	0.66		$	0.65		$	0.01			1.5	%
Net earnings from divestiture - KDP		(0.02	)		(0.01	)		(0.01	)
Change in equity method investee items		0.01			—			0.01
Adjusted EPS (Non-GAAP) - As Recast	$	0.65		$	0.64		$	0.01			1.6	%
Impact of unfavorable currency		0.05			—			0.05
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.70		$	0.64		$	0.06			9.4	%

15

Schedule 2.e

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended March 31,
	2022			2021			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.61		$	0.68		$	(0.07	)		(10.3	)%
Simplify to Grow Program		0.02			0.07			(0.05	)
Intangible asset impairment charges		0.04			—			0.04
Mark-to-market (gains)/losses from derivatives		(0.02	)		(0.07	)		0.05
Acquisition integration costs and contingent consideration adjustments		(0.01	)		—			(0.01	)
Acquisition-related costs		0.02			0.01			0.01
Net earnings from divestitures		(0.01	)		(0.01	)		—
Incremental costs due to war in Ukraine		0.11			—			0.11
Loss on debt extinguishment and related expenses		0.07			0.07			—
Equity method investee items		—			0.03			(0.03	)
Adjusted EPS (Non-GAAP)	$	0.83		$	0.78		$	0.05			6.4	%
Net earnings from divestiture - KDP		(0.02	)		(0.01	)		(0.01	)
Change in equity method investee items		—			—			—
Adjusted EPS (Non-GAAP) - As Recast	$	0.81		$	0.77		$	0.04			5.2	%
Impact of unfavorable currency		0.06			—			0.06
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.87		$	0.77		$	0.10			13.0	%

16

Schedule 2.f

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Twelve Months Ended December 31,
	2021			2020			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	3.04		$	2.47		$	0.57			23.1	%
Simplify to Grow Program		0.17			0.20			(0.03	)
Intangible asset impairment charges		0.02			0.08			(0.06	)
Mark-to-market (gains)/losses from derivatives		(0.17	)		(0.01	)		(0.16	)
Acquisition integration costs and contingent consideration adjustments		(0.02	)		—			(0.02	)
Acquisition-related costs		0.01			0.01			—
Divestiture-related costs		0.01			—			0.01
Net earnings from divestitures		(0.03	)		(0.08	)		0.05
Costs associated with JDE Peet’s transaction		—			0.20			(0.20	)
Remeasurement of net monetary position		0.01			0.01			—
Impact from pension participation changes		0.02			0.01			0.01
Loss related to interest rate swaps		—			0.05			(0.05	)
Loss on debt extinguishment and related expenses		0.07			0.10			(0.03	)
Impact from resolution of tax matters		—			(0.02	)		0.02
Initial impacts from enacted tax law changes		0.07			0.02			0.05
Gain on equity method investment transactions		(0.39	)		(0.55	)		0.16
Equity method investee items		0.04			0.05			(0.01	)
Adjusted EPS (Non-GAAP)	$	2.85		$	2.54		$	0.31			12.2	%
Net earnings from divestiture - KDP		(0.06	)		(0.04	)		(0.02	)
Change in equity method investee items		(0.01	)		(0.01	)		—
Adjusted EPS (Non-GAAP) - As Recast	$	2.78		$	2.49		$	0.29			11.6	%
Impact of favorable currency		(0.08	)		—			(0.08	)
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	2.70		$	2.49		$	0.21			8.4	%

17

Schedule 2.g

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended December 31,
	2021			2020			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.71		$	0.80		$	(0.09	)		(11.3	)%
Simplify to Grow Program		(0.03	)		0.06			(0.09	)
Mark-to-market (gains)/losses from derivatives		—			(0.03	)		0.03
Acquisition integration costs and contingent consideration adjustments		0.01			—			0.01
Divestiture-related costs		0.01			—			0.01
Net earnings from divestitures		—			(0.01	)		0.01
Costs associated with JDE Peet’s transaction		—			(0.01	)		0.01
Loss on debt extinguishment and related expenses		—			0.10			(0.10	)
Impact from resolution of tax matters		—			(0.02	)		0.02
Gain on equity method investment transactions		—			(0.24	)		0.24
Equity method investee items		0.01			0.01			—
Adjusted EPS (Non-GAAP)	$	0.71		$	0.66		$	0.05			7.6	%
Net earnings from divestiture - KDP		(0.02	)		(0.02	)		—
Change in equity method investee items		—			—			—
Adjusted EPS (Non-GAAP) - As Recast	$	0.69		$	0.64		$	0.05			7.8	%
Impact of unfavorable currency		0.01			—			0.01
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.70		$	0.64		$	0.06			9.4	%

18

Schedule 2.h

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended September 30,
	2021			2020			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.89		$	0.78		$	0.11			14.1	%
Simplify to Grow Program		0.06			0.06			—
Intangible asset impairment charges		—			0.03			(0.03	)
Mark-to-market (gains)/losses from derivatives		(0.08	)		(0.08	)		—
Acquisition integration costs and contingent consideration adjustments		(0.03	)		—			(0.03	)
Net earnings from divestitures		(0.01	)		(0.01	)		—
Initial impacts from enacted tax law changes		—			0.02			(0.02	)
Gain on equity method investment transactions		(0.13	)		(0.19	)		0.06
Equity method investee items		—			0.02			(0.02	)
Adjusted EPS (Non-GAAP)	$	0.70		$	0.63		$	0.07			11.1	%
Net earnings from divestiture - KDP		(0.01	)		(0.01	)		—
Change in equity method investee items		—			—			—
Adjusted EPS (Non-GAAP) - As Recast	$	0.69		$	0.62		$	0.07			11.3	%
Impact of favorable currency		(0.02	)		—			(0.02	)
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.67		$	0.62		$	0.05			8.1	%

19

Schedule 2.i

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended June 30,
	2021			2020			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.76		$	0.38		$	0.38			100.0	%
Simplify to Grow Program		0.07			0.04			0.03
Intangible asset impairment charges		0.02			0.05			(0.03	)
Mark-to-market (gains)/losses from derivatives		(0.02	)		—			(0.02	)
Acquisition-related costs		0.01			0.01			—
Net earnings from divestitures		(0.01	)		(0.02	)		0.01
Costs associated with JDE Peet’s transaction		—			0.21			(0.21	)
Impact from pension participation changes		0.02			—			0.02
Initial impacts from enacted tax law changes		0.07			—			0.07
Gain on equity method investment transactions		(0.27	)		(0.08	)		(0.19	)
Equity method investee items		—			0.01			(0.01	)
Adjusted EPS (Non-GAAP)	$	0.65		$	0.60		$	0.05			8.3	%
Net earnings from divestiture - KDP		(0.01	)		(0.01	)		—
Change in equity method investee items		—			—			—
Adjusted EPS (Non-GAAP) - As Recast	$	0.64		$	0.59		$	0.05			8.5	%
Impact of favorable currency		(0.04	)		—			(0.04	)
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.60		$	0.59		$	0.01			1.7	%

20

Schedule 2.j

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Three Months Ended March 31,
	2021			2020			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	0.68		$	0.51		$	0.17			33.3	%
Simplify to Grow Program		0.07			0.03			0.04
Mark-to-market (gains)/losses from derivatives		(0.07	)		0.11			(0.18	)
Acquisition-related costs		0.01			—			0.01
Net earnings from divestitures		(0.01	)		(0.02	)		0.01
Loss related to interest rate swaps		—			0.05			(0.05	)
Loss on debt extinguishment and related expenses		0.07			—			0.07
Gain on equity method investment transactions		—			(0.04	)		0.04
Equity method investee items		0.03			0.01			0.02
Adjusted EPS (Non-GAAP)	$	0.78		$	0.65		$	0.13			20.0	%
Net earnings from divestiture - KDP		(0.01	)		(0.02	)		0.01
Change in equity method investee items		—			—			—
Adjusted EPS (Non-GAAP) - As Recast	$	0.77		$	0.63		$	0.14			22.2	%
Impact of favorable currency		(0.04	)		—			(0.04	)
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	0.73		$	0.63		$	0.10			15.9	%

21

Schedule 2.k

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

	For the Twelve Months Ended December 31,
	2020			2019			$ Change			% Change
Diluted EPS attributable to Mondelēz International (GAAP)	$	2.47		$	2.69		$	(0.22	)		(8.2	)%
Simplify to Grow Program		0.20			0.24			(0.04	)
Intangible asset impairment charges		0.08			0.03			0.05
Mark-to-market (gains)/losses from derivatives		(0.01	)		(0.05	)		0.04
Acquisition-related costs		0.01			—			0.01
Gain on divestitures		—			(0.03	)		0.03
Net earnings from divestitures		(0.08	)		(0.10	)		0.02
Costs associated with JDE Peet’s transaction		0.20			—			0.20
Remeasurement of net monetary position		0.01			—			0.01
Impact from pension participation changes		0.01			(0.02	)		0.03
CEO transition remuneration		—			0.01			(0.01	)
Loss related to interest rate swaps		0.05			0.08			(0.03	)
Loss on debt extinguishment and related expenses		0.10			—			0.10
Impact from resolution of tax matters		(0.02	)		0.05			(0.07	)
Initial impacts from enacted tax law changes		0.02			(0.52	)		0.54
(Gain)/loss on equity method investment transactions		(0.55	)		0.01			(0.56	)
Equity method investee items		0.05			(0.01	)		0.06
Adjusted EPS (Non-GAAP)	$	2.54		$	2.38		$	0.16			6.7	%
Net earnings from divestiture - KDP		(0.04	)		(0.05	)		0.01
Change in equity method investee items		(0.01	)		(0.01	)		—
Adjusted EPS (Non-GAAP) - As Recast	$	2.49		$	2.32		$	0.17			7.3	%
Impact of unfavorable currency		0.03			—			0.03
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast	$	2.52		$	2.32		$	0.20			8.6	%

22