Item 5. Other Information

During the quarter ended June 30, 2023, except as noted below, none of our directors or officers adopted, modified or terminated any “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement”, as each term is defined in Item 408(a) of Regulation S-K.

Effective June 1, 2023, phantom stock units of non-Altria stock were removed as an investment option under Altria’s Deferred Fee Plan for Non-Employee Directors (“Plan”). As a result of this change, on May 1, 2023, George Muñoz, a director on our Board, made a one-time election to transfer the investment value of all of the phantom stock of non-Altria stock held in his Plan account into Altria phantom stock units. In accordance with the terms of the Plan, the investment value of the non-Altria phantom stock units was transferred on June 1, 2023 pursuant to the May 1, 2023 investment direction, resulting in the acquisition of 3,149 Altria phantom stock units. This trading arrangement is not intended to satisfy the affirmative defense of Rule 10b5-1(c).