BAT Results Presentation Deck

We are delivering robust financial results H1 2022 Adjusted +3.7% Group Revenue* +4.9% Profit from Operations** +5.7% Diluted EPS*** 43.9% Group Operating Margin*** 77% Operating Cash Conversion**** £3.8bn Cash returned to shareholders^ BAT A BETTER TOMORROW Confident in Full Year guidance * On a constant rate basis. See Appendix A2. ** On an adjusted, constant rate basis. See Appendix A1 & A2. *** On an adjusted current rate basis. See Appendix A1. **** See Appendix A8. ^ Consisting of £2.5 billion of dividends paid to shareholders and £1.3 billion of share repurchases. 16

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