Mondelez International Inc

1. 1

   Election of Directors

   ManagementBoard: FOR

   Elect 10 director nominees to the Board for one-year terms.

2. 2

   Advisory Vote to Approve Executive Compensation

   ManagementBoard: FOR

   Advisory (non-binding) vote to approve the Company's executive compensation as disclosed in the proxy statement.

   More detail

   This advisory proposal asks shareholders to approve the compensation paid to the company's named executive officers as disclosed in the proxy statement (Say-on-Pay). Management seeks endorsement to validate its compensation philosophy, which emphasizes performance-based pay, significant equity weighting, and metrics tied to organic net revenue growth and adjusted EPS, with a relative TSR modifier. The Board and the People and Compensation Committee recommend a vote FOR, arguing that the program aligns executives' interests with shareholders by heavily weighting long-term incentive compensation, using multiple performance metrics to discourage excessive risk-taking, and incorporating clawback provisions. The context includes strong historical shareholder support for Say-on-Pay (94% support in 2025) and recent company performance challenges driven by elevated cocoa costs; management frames compensation as balanced between retention and performance incentives and responsive to shareholder feedback.

3. 3

   Ratification of Selection of Independent Registered Public Accountants

   ManagementBoard: FOR

   Ratify the Audit Committee’s selection of PricewaterhouseCoopers LLP as independent registered public accountants for fiscal year 2026.

4. 4

   Report on Objective Evaluation of Plastics Packaging Policies

   Shareholder — National Legal and Policy CenterBoard: AGAINST

   Shareholder proposal requesting the Board commission and publish a report by March 31, 2027 evaluating the Company's plastics packaging policies using non-biased, scientific and economic analysis, including quantifiable analysis of potential policy changes' financial impact.

   More detail

   The shareholder proposal requests an independent, evidence-based report assessing Mondelēz’s plastics packaging policies and the financial impacts of potential policy changes. The proponent contends that prior commitments (e.g., recyclable packaging by 2025 and virgin plastic reduction targets) have stalled, that plastics may offer net environmental and economic benefits versus alternatives, and that the focus should be on waste management rather than demonizing plastics. The Board opposes the proposal as duplicative and costly, citing existing disclosures in the Snacking Made Right Report, ongoing programs, investments in recycling and alternative materials (Sustainable Futures, Pack2Earth, Circulate Capital, CoLab), and governance oversight through the Governance Committee and Finance Committee. The Board’s counter-argument emphasizes that current governance and disclosure already addresses packaging strategy and that commissioning a separate report would not add meaningful information.

5. 5

   Adopt Independent Board Chairman Policy

   Shareholder — John CheveddenBoard: AGAINST

   Shareholder proposal requesting the Board adopt a policy that the roles of Chairman and CEO be separated and that the Chairman be an independent director.

   More detail

   The proposal seeks to separate the roles of Chair and CEO and require the Chair to be independent. The proponent argues separation would improve oversight and address governance controversies; the Board opposes, citing flexibility, an empowered Lead Independent Director role with significant responsibilities, regular shareholder engagement showing support for current structure, and repeated prior rejections of similar proposals by shareholders.

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When is the Mondelez International Inc 2026 annual meeting?

Mondelez International Inc (MDLZ) holds its 2026 annual shareholder meeting on Wednesday, May 20, 2026.

What is the record date for the Mondelez International Inc 2026 meeting?

The record date for the Mondelez International Inc 2026 meeting is Wednesday, March 11, 2026. Shareholders of record on or before that date are eligible to vote.

Who are the director nominees for Mondelez International Inc's 2026 meeting?

The board is presenting 10 director nominees at the Mondelez International Inc 2026 meeting, listed with their independence status and background.

What proposals will shareholders vote on at the Mondelez International Inc 2026 meeting?

Shareholders will vote on 5 proposals at the Mondelez International Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.