CONTENTS PEOPLE PETS PLANET
Pay gap overview Overarching mean and median metrics (year-on-year)
Fair wage statement: MPM is committed to promoting fairness, equity and respect across all areas of employment, including compensation and career development. We believe all colleagues deserve fair and competitive pay that reflects their skills, experience and contribution to the business. We continue to review our pay practices and workforce structures to support consistency, transparency and alignment with business growth, market benchmarking and evolving workforce expectations. We commit to: • Paying fair and competitive wages across our global workforce • Reviewing pay structures in line with cost of living, market benchmarking and business growth • Supporting equal opportunities through fair recruitment and progression practices • Continuing regular pay gap reviews to help identify areas for improvement • Promoting transparent and inclusive hiring practices aligned with MPM’s values
FY2024 v FY2025
Measure
FY2022
FY2023
FY2024
FY2025
Mean pay gap
24.1%
22.1%
19.4%
21.4%
2.0 ppt
Median pay gap
-1.9%
10%
8.3%
7.2%
1.1 ppt
Overarching quartiles metrics (current-verse-previous)
FY2024 Report
Mean Gender Pay GAP 2024
FY2025 Report
Mean Gender Pay GAP 2025
Change from FY2024
Measure
32% Male 68% Female
23.7% Male 76.3% Female
Upper
19.4%
32.5%
13.1 ppt
30% Male 70% Female
26.3% Male 73.7% Female
Upper middle
-7.8%
3.2%
11.0 ppt
22% Male 78% Female
34.2% Male 65.8% Female
Lower middle
-0.9%
6.1%
7.0 ppt
23% Male 77% Female
13.5% Male 86.5% Female
Lower
0%
4.2%
4.2 ppt
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MPM Annual Impact Report FY25
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