BAT Results Presentation Deck

delivered Quantum: c.£1.3bn Total Savings Generating funds to reinvest in New Categories and Simplifying the organisation Progress to date Phase 1 Organisational redesign (Centre/Regions/Markets) * 2020-2022 target. QUANTUM Phase 2 Phase 3 Operating model / Route to Market Processes and ways of working simplification Supply chain optimisation Centre/HQ redesign GBS Transformation Marketing Spend Effectiveness (MSE) Revenue Growth Management (RGM) BAT A BETTER TOMORROW c.£1.3bn Savings delivered 12 months early On track to deliver at least £1.5bn by 2022* ~40% Reduction in number of DRBUS 80% Revenue and New Categories investment coverage by RGM and MSE capabilities 28

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