BAT Results Presentation Deck

Delivering robust financial results +3.7% +4.8% Group Revenue* Combustibles Price/Mix** Jl +45% New Category Revenue* -4.2% Combustibles BAT Volume +10bps Cigarette & THP Value Share^ .... +4.9% Adjusted Profit from Operations* BAT £2.3bn 7 A BETTER TOMORROW Free Cash Flow** *** EPS* +5.7% Adjusted Diluted Share growth YTD versus FY21. Financials growth versus H1'21. Source: Company data. * On a constant rate basis. See Appendix A2. ** Price/mix defined in Appendix A4. ^ See Appendix A3. *** Free Cash Flow before payment of dividends. See Appendix A1 & A7. 21

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