Altria Group (MO) 10-K/A risk factor changes: FY2024 vs FY2023

For the fiscal year ended December 31, [removed: 2023][added: 2024]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 [removed: days þ Yes ¨ No][added: days.]

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such [removed: files) þ Yes ¨ No][added: files).]

[removed: ☐Yes] þ [added: Yes ¨] No

As of June [removed: 30, 2023,] [added: 28, 2024,] the [added: last business day of the registrant’s most recently completed second fiscal quarter, the] aggregate market value of the registrant’s common stock held by non-affiliates of the registrant was approximately [removed: $80] [added: $78] billion based on the closing sale price of the common stock as reported on the New York Stock Exchange.

| Class | | | Outstanding at February [removed: 15, 2024] [added: 14, 2025] | | | | | |

| Common Stock, $0.33 1/3 par value | | | [removed: 1,763,461,775] [added: 1,690,661,641] | | | shares | | |

This Amendment No. 1 to the Annual Report on Form 10-K (this “Amendment”) of Altria Group, Inc. (“Altria”) amends Altria’s Annual Report on Form 10-K for the year ended December 31, [removed: 2023,] [added: 2024,] which Altria filed with the Securities and Exchange Commission (“SEC”) on February [removed: 27, 2024] [added: 26, 2025] (the “Original Form 10-K”).

Altria is filing this Amendment to amend Item 15 of the Original Form 10-K to include the consolidated financial statements of its foreign equity investee, Anheuser-Busch InBev SA/NV (“ABI”), as of December 31, [removed: 2023] [added: 2024] and [removed: 2022] [added: 2023] and for the years ended December 31, [removed: 2023, 2022] [added: 2024, 2023] and [removed: 2021] [added: 2022] (the “ABI Financial Statements”) in accordance with Rule 3-09 of SEC Regulation S-X.

þ Yes ¨ No

☐ Yes þ No

(a) The ABI Financial Statements and report of PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL (Diegem, Belgium) (PCAOB ID: 1350) found on pages F-1 to [removed: F-85] [added: F-83] in Exhibit 99.3 are incorporated by reference in response to the requirements of this Item 15(a).

| 23.1 | | | | | | [Consent of PwC Bedrijfsrevisoren BV / Reviseurs d’Entreprises SRL, independent registered public accounting [removed: firm](https://www.sec.gov/Archives/edgar/data/764180/000076418024000079/exhibit231june2024consento.htm).] [added: firm](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit231june2025consento.htm).] | | |

| 31.3 | | | | | | [Certification of Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of [removed: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418024000079/exhibit313june2024.htm)] [added: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit313june2025.htm)] | | |

| 31.4 | | | | | | [Certification of Chief Financial Officer pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of [removed: 2002](https://www.sec.gov/Archives/edgar/data/764180/000076418024000079/exhibit314june2024.htm).] [added: 2002](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit314june2025.htm).] | | |

| 32.3 | | | | | | [Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of [removed: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418024000079/exhibit323june2024.htm)] [added: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit323june2025.htm)] | | |

| 32.4 | | | | | | [Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of [removed: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418024000079/exhibit324june2024.htm)] [added: 2002.](https://www.sec.gov/Archives/edgar/data/764180/000076418025000092/exhibit324june2025.htm)] | | |

| 99.3 | | | | | | [Anheuser-Busch InBev SA/NV consolidated financial statements as of December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [and [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [and for the years ended December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [and [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[1](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[;] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[;] and Independent Registered Public Accounting Firm’s Report as of December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [and [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [and for the years ended December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] [and [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[1](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[.] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[2](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[.] Incorporated by reference to Anheuser-Busch InBev SA/NV’s Annual Report on Form 20-F for the year ended December 31, [removed: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[3](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)[.](https://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635d20f.htm)] [added: 202](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[4](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)[.](https://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194d20f.htm)] | | |

Date: June [removed: 5, 2024][added: 4, 2025]