BAT Results Presentation Deck

EPS*: Growth up +5.7% H1 2022 EPS growth benefitting from: > Operational performance > Increase in Associate Income driven by post COVID recovery in ITC > Share buyback FX translation tailwind +2.9% 154.2 H1 2021 8.4 Adjusted profit from operations *Adjusted, diluted, EPS at constant rates. See Appendix A1 & A2. -1.5 Net finance costs 1.3 -1.1 Associates +5.7% Adjusted diluted EPS* growth Taxation 0.1 BAT 167.4 1.6 4.4 163.0 TI Non- Diluted H1 2022 at FX controlling number constant impact interests of shares FX A BETTER TOMORROW H1 2022 at current FX 39

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