Imperial Brands Results Presentation Deck

2022 Will Enhance Our Investment Case CLEAR ACTIONs to improve performance and returNS FY22 PRIORITIES f Increased investment in priority markets NGP targeted trials Embedding new ways of working Continued focus on cash delivery £) Disciplined capital allocation. 35 Full Year Results | 16 November 2021 个个个个个 * IMPERIAL BRANDS INVESTMENT CASE Revitalised tobacco business driving strong cash returns A disciplined NGP business providing options for potential harm reduction and growth Self-help initiatives deliver operational improvement and strengthen performance Strong sustainable cash flow generated from a high- quality portfolio Progressive dividend supplemented by capital returns at the appropriate time

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