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Philip Morris International and E2open Announce Strategic Partnership to Create the Digital Supply Chain for a Smoke-free Future

December 17, 2018

AUSTIN, Texas--(BUSINESS WIRE)--Dec 17, 2018--E2open, the one place in the cloud to run your supply chain, today jointly announced with Phillip Morris International ( PMI ) that the companies will partner to create a digital supply chain for the smoke-free future.

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E2open President and CEO, Michael Farlekas, and Massimo Andolina, Senior Vice President of PMI Operations, extend their partnership. (Photo: Business Wire)

PMI has a commitment to the world, its employees and shareholders to create a smoke-free future. Success in the cigarette business, and more than a decade of scientific research and technology development, gave PMI the resources to pursue this ambitious vision and to make its array of innovative, science-based smoke-free products the icons of the future.

“We’re excited to extend our partnership with E2open, bringing innovation and best-in-class digital services to the core of our supply chain,” said Massimo Andolina, senior vice president of PMI Operations. “This strategic partnership will play a pivotal role in further transforming our supply chain to support the timely and efficient delivery of smoke-free products to adult consumers globally.”

“We are honored to support Philip Morris International on their journey to make this vision a reality, and are committed to our partnership,” said Michael Farlekas, president and chief executive officer of E2open. “E2open offers a suite of secure and trusted cloud solutions in supply chain integration that allow companies to reduce their cost of ownership and IT complexity.”

About E2ope n

At E2open, we’re creating a more connected, intelligent supply chain. One that starts with the ability to sense and respond to real-time demand and supply constraints. One that brings together data from customers, channels, suppliers, contract manufacturers and partners. One that enables companies to use data in real time, with cognitive artificial intelligence and machine learning to drive smarter decisions. One that delivers all this complex information through a single pane of glass that provides a clear view across the supply and demand ecosystem. E2open is changing everything. Demand. Supply. Delivered. www.e2open.com.

About Philip Morris International

Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke.

Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free IQOS product portfolio includes heated tobacco and nicotine-containing vapor products. As of September 30, 2018, PMI estimates that approximately 5.9 million adult smokers around the world have already stopped smoking and switched to PMI’s heated tobacco product, which is currently available for sale in 43 markets in key cities or nationwide under the IQOS brand. For more information, see our PMI and PMIScience websites.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005194/en/

CONTACT: E2open

Diane Mitchell

VP, Marketing

Diane.Mitchell@e2open.com

+1-512-735-5692

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SUPPLY CHAIN MANAGEMENT INTERNET NETWORKS SOFTWARE SECURITY RETAIL TOBACCO

SOURCE: E2open

Copyright Business Wire 2018.

PUB: 12/17/2018 08:15 AM/DISC: 12/17/2018 08:16 AM

http://www.businesswire.com/news/home/20181217005194/en

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