BAT Results Presentation Deck

Revenue: Strong pricing and New Category momentum Revenue growth* +6.9% Combustible revenue* +4.0% New Category revenue* +51% Vapour +59% THP +46% Modern Oral +41% ● - - Strong volume performance Accelerating NC volume Combustibles -10bps volume share*** 43% of Group Revenue Growth from Non-Combustibles Driving value from Combustibles Value share*** +10bps +4.3% price/mix^, absorbing geographic mix impact Revenue FY 20 * Growth at constant rates. For definition see Appendix A3. ** Combustibles revenue contribution including other revenue growth. +3.9%* +3.0%* +6.9% Revenue growth Combustibles** Non-Combustibles Revenue FY 21 constant rates BAT A BETTER TOMORROW -7.3% Cigarette volume and value share. See Appendix A3. ^ Price/mix defined in Appendix A4. FX Revenue FY 21 17

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