Exhibit 10.7

PERSONAL AND CONFIDENTIAL

To: Mr. Jacek OLCZAK                             Lausanne, February 27, 2017

Subject: Merit Increase     

Dear Jacek,

Further to your annual performance assessment we confirm that your 2017 merit increase amounts to 2.10%.

As a result of this increase, effective April 1, 2017, the following conditions of your employment have been modified according to the information detailed below:

Gross Base Salary: CHF 974’012.-- annually, CHF 74’924.-- monthly

Comparatio: 96%

All other conditions relating to your employment with Philip Morris International Management SA remain as stated in your employment contract and in any subsequent amendments.

We would like to take this opportunity to wish you continued success and satisfaction.

Yours sincerely,

/S/ RALF ZYSK

Ralf Zysk

Vice President Compensation & Benefits and International Assignments

Avenue de Rhodanie 50, 1007 Lausanne, Switzerland T:+41 (58) 242 00 00, F: +41 (58) 242 01 11