BAT Results Presentation Deck

1 2 3 Market share Improving delivery in key markets Revenue* Gross Margin* Market share 5 Revenue* Gross Margin* 6 Bangladesh H1'23 performance Combustibles Combustibles value +130bps to 88.3% Combustibles +16% Combustibles +6% New Categories New Category regulatory uncertainty Engaging with Regulators Poland H1'23 performance New Categories glo share** +1.3ppts to 32.5% New Category +44% New Category >100% Combustibles Combustibles value +40bps to 24.8% Combustibles +10% Combustibles +6% BAT A BETTER TOMORROW We will replicate this sharper execution across our footprint Financials growth H1'23 versus H1'22. Share growth versus FY22. Source: Company data. * Growth at constant rates. See Appendix A2. ** Volume share of THP segment. See Appendix A3. 13

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