Investor Presentaiton

Proven combustibles strategy fuels growth FOCUS ON GLOBAL FLAGSHIP BRANDS Winston Profitable SoM growth powered by GFB CAMEL MEVIUS D S Top-30 SOM¹), % GFB as % of total volume Two of the Top 3 cigarette brands in the world Brand SoM²), % Health Warning Winston 35.6% 69% 35.0% 7.6% 33.6% 32.9% 31.4% +7pp vs. 2018 Health warning CAMEL 3.5% 2018 2019 2020 2021 2022 #2 #3 Copyright JT 2023 Note: 1) Based on cigarettes + fine cut in Top-30 markets 2) Based on cigarettes + fine cut in 71 markets Health warning Health warning MEVIUS ID 1.9% 1.9% #10 #11 Tobacco Investor Conference 30

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