BAT Investor Conference Presentation Deck

New Category Growth Driven by Rapid Innovation BAT A BETTER TOMORROW T vype 2013 vype ECOpure E-LIQUID MADE IN THE UK disposable e-cigarette O * CAGR over 3 years ending FY20 glo Built in < 8 years OVA 07 Cinnamon WARNING: This product contains e is an nicotine. N e. Nicotine is a addictive chemical. OTEL PRODUCT OF Consumer Survey of A Dragonfruit WARNING: This product contains nicotine. Nicotine is an addictive chemical. 2021 OMAA 07 ******* 20 Nicotine Wintergreen WARNING: This product contains nicotine. Nicotine is an addictive chemical. TA New Categories Revenue + Spearmint WARNING: 07- ******* 20 Nestine This product contains nicotine. Nicotine is an addictive chemical. TUN Global Brands Superior Products Retail Experience & Online 07 ******* 20 Citrus Burst WARNING: This product contains nicotine. Nicotine is an addictive chemical. +43% 3-year CAGR* 2025/30 00 ? Continued innovation 25

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