BAT Results Presentation Deck

Further Transformation Fuels Growth Clear Commercial Priorities STEP-CHANGE IN NEW CATEGORIES COMBUSTIBLE VALUE GROWTH SIMPLIFY THE COMPANY Share growth versus FY19. ***See Appendix A3 for share definitions. Source: Company data Good Progress in 2020 BAT See Appendix A6.. ** Price/mix defined in Appendix A4 A BETTER TOMORROW Non-combustible Consumers* +3.0m Accelerating New Category performance Combustibles price/mix** +7.3% Value share*** +20bps Savings of £660m driven by Quantum Leveraging our digital capabilities 34

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