BAT Results Presentation Deck

Delivering for Today & Investing in the Future Clear Commercial Priorities STEP-CHANGE IN NEW CATEGORIES COMBUSTIBLE VALUE GROWTH SIMPLIFY THE COMPANY Stronger, Simpler, Faster Commitment to Deliver Good Progress in 2020 BAT A BETTER TOMORROW ✓ Growing share in New Categories ✓ New Category revenue** +12.7% ✓ Cigarette price/mix*** +8.5% Group revenue** +2.4% Quantum savings c.£240m YTD Navigating COVID with agility Share growth versus FY19. Source: Company data * Volume share in THP, Value share in Vapour.. ** On an adjusted, constant rate basis. See Appendix A1 & A2. *** Price/mix defined in Appendix A4 Our people have gone above and beyond to deliver growth 6

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