BAT Investor Conference Presentation Deck

Well on our way to building A Better Tomorrow™ Our Purpose To reduce the health impact* of our business G A BETTER TOMORROWT * Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive. BAT A BETTER TOMORROW Our Commitment To provide adult consumers with a wide range of enjoyable and less risky products* To encourage adult smokers to switch completely to scientifically-substantiated reduced-risk alternatives* 17

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