BAT Investor Conference Presentation Deck

Deep Consumer Insights to Target Distinct Consumer Spaces BALANCE P vuse EXPLORATION Stigma ACU30 Income FLOW Stigma ACU30 Income TOGETHER I I I VII VELO glo PROGRESSIVE Stigma ACU30 Income ENERGISING Stigma ACU30 Income ALONE CLASSIC Stigma ACU30 Income One size does not fit all... BAT A BETTER TOMORROW PLEASURE 14

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