BAT Investor Conference Presentation Deck

glo Biomarker of Potential Harm Responses Similar to Cessation 0% -25% -50% -75% -100% Inflammation Magnitude of change relative to cessation Cardio Cardio Lung Lung Lung Oxidative Cardio Stress Function 1 Function 2 Function 3 Function 1 Function 2 Function 3 glo Target zone Carcinogenesis BAT 100% = A BETTER TOMORROW Biologically Significant Equivalent To Cessation Nathan Gale, BSc, Michael McEwan, PhD, Oscar M Camacho, MSc, George Hardie, MSc, James Murphy, PhD, Christopher J Proctor, PhD. Changes in Biomarkers of Exposure on Switching From a Conventional Cigarette to the glo Tobacco Heating Product: A Randomized, Controlled Ambulatory Study. Nicotine & Tobacco Research, Volume 23, Issue 3, March 2021, Pages 584-59. 19

View entire presentation