BAT Results Presentation Deck

Combustibles: Delivering value growth J +10Upp bps Combustibles Value Share^ +4.0% Combustibles Revenue* -10.bp. Combustibles Volume Share^ all +4.3% Combustibles Price/Mix** +20bps Strategic Brand Value Share^ c.£260m Absorbed Australasia Profit impact ^ Share growth versus FY20. Cigarette share. See Appendix A3 for share definitions. Source: Company data. * On a constant rate basis. See Appendix A2. ** Price/mix defined in Appendix A4. The BAT Group does not own all brands featured in this presentation in all markets, e.g. BAT is the owner of Newport, Camel and Natural American Spirit in US only. EST. 1907 BAT A BETTER TOMORROW DUNHILL TOBACCO OF LONDON LTD KENT Newport NATURY AMERICAN SPIRIT CIGARETT LUCKY STRIKE CAMEL OF LONDON 1890 Ne PALL MALL 23

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