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CAGNY 2021 Investor Presentation

on! Potential with Adult Smokers & Dippers Tobacco Basket Volume Prior to First on! Purchase Category Representation of Women Consumers ■ E-Vapor Competitive Oral Nicotine Pouch ■MST & Snus ■Cigarettes April 2019 Dec. 2020 ~25% 77% -5% ~50% Oral Nicotine Pouches MST Cigarettes There are now ~1 million adult oral nicotine pouch consumers* Source: POS Scan data April 2019 - December 2020 (Top 5 Convenience Chain By Smokeless Volume) Source: ATCT 12MM as of September 2020, Awareness Study and Innovative Products Study *Based on responses for Oral Tobacco Derived Nicotine Products 20 | For Investor Presentation ONLY | CAGNY 2021 | 2.17.2021 Altria

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