BAT Results Presentation Deck

2022 Continued Delivery in a Challenging Macro- Environment de f Transforming our business Delivering robust financial results Successfully navigating the macro environment BAT A BETTER TOMORROW 2022 highlights +37% £0.6bn Revenue growth* Contribution improvement** +2.3% +5.8% Revenue growth* Adjusted diluted EPS growth *** Annualised Quantum savings 2020-22 £1.9bm +150bps Adjusted Operating Margin^ * Constant rate growth. See Appendix A2. ** Improvement versus FY21 at constant rates at category contribution level: Profit from operations before the impact of adjusting items and translational foreign exchange, having allocated costs that are directly attributable to New Categories. See Appendix A2. *** Adjusted Diluted EPS on a constant rate basis. See Appendices A1 & A2. ^ On an adjusted current rate basis. See Appendix A1. 41

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