Investor Presentaiton

Clear market roles to maximize combustibles ROI Market strategic roles guiding decision-making towards sustainable growth Market role EARNINGS EARNINGS & SOM Focus Prioritize sustainable earnings performance Balance sustainable earnings and share performance SOM Build consumer base for mid- to long-term profitability growth % of 2022 Volume 43% 47% 10% Copyright JT 2023 Tobacco Investor Conference 20 20

View entire presentation