BAT Investor Conference Presentation Deck

Creating Value for all Stakeholders Our ESG Agenda H Reducing the HEALTH impact of our business E Excellence in ENVIRONMENTAL management S Delivering a positive SOCIAL impact G Robust corporate GOVERNANCE CONSUMERS SOCIETY CREATES SHARED VALUE FOR EMPLOYEES SHAREHOLDERS BAT A BETTER TOMORROW OUR PURPOSE A BETTER TOMORROW T TM 46 CREATING SHARED VALUE FOR OUR STAKEHOLDERS ISN'T JUST THE RIGHT THING TO DO, IT MAKES SOUND BUSINESS SENSE AND IS CENTRAL TO OUR STRATEGY TO DELIVER A BETTER TOMORROW Jack Bowles, CEO 42

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