Announcement of New President Appointment

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Philip Morris Japan G.K. announced that Kostas Salvaras has been appointed as its new President, effective May 1, 2026. Mr. Salvaras joined PMI's EU branch in 1996 and has since gained extensive experience in marketing, sales, and management, including in the RRP (Reduced Risk Products) division, across diverse regions and roles.

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Philip Morris Japan G.K. announced that Kostas Salvaras has been appointed as its new President, effective May 1, 2026. Mr. Salvaras joined PMI's EU branch in 1996 and has since gained extensive experience in marketing, sales, and management, including in the RRP (Reduced Risk Products) division, across diverse regions and roles.

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Source: https://prtimes.jp/main/html/rd/p/000000176.000043993.html | Date: Date unavailable

We are pleased to announce that Kostas Salvaras has been appointed President of Philip Morris Japan G.K. (Headquarters: Chiyoda-ku, Tokyo; hereinafter PMJ), effective May 1, 2026. Kostas Salvaras joined Philip Morris International (PMI) EU branch in 1996. In Greece, he was extensively involved in marketing, sales, and management, holding key positions. In 2010, he was appointed Vice President for the Southern Russia region. Subsequently, he served as Vice President for Russia and Belarus, and in 2016, he led the country's business as Vice President of the RRP (Reduced Risk Products) division. He then moved to PMJ in 2018, where he worked on business promotion as Director of Consumer Programs. In 2020, he was appointed Managing Director for Ukraine, the Caucasus region, and Moldova. In 2022, he served as President of Russia, and in 2023, as Vice President of Smoke-Free Products for the United States, accumulating extensive management experience across diverse regions and areas. Kostas Salvaras President, Philip Morris Japan G.K. **Career** Date / Company/Organization / Position May 2026 / Philip Morris Japan G.K. / President October 2024 / Philip Morris International / Area Vice President, Southeast Europe Region May 2023 / Philip Morris International (USA) / Vice President, Smoke-Free Products (USA) January 2022 / Philip Morris International (Russia) / President February 2020 / Philip Morris International (Ukraine/Caucasus/Moldova) / Managing Director December 2018 / Philip Morris Japan G.K. / Director, Consumer Programs December 2016 / Philip Morris International (Russia) / Vice President, RRP (Reduced Risk Products) Division July 2013 / Philip Morris International / Vice President, Marketing December 2010 / Philip Morris International (Southern Russia) / Vice President, Southern Russia Region August 2006 / Philip Morris International (Greece/Cyprus/Malta) / Sales & Distribution Director October 2003 / Philip Morris International (Greece) / Marketing Director March

Announcement of New President Appointment

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