BAT Results Presentation Deck

Quantum: Generating Significant Additional Investment Resources QUANTUM * 2020-2022 target Quantum 1 Supply chain optimisation Organisational design Quantum 2 Simplification Operating model Route to market Marketing Spend Effectiveness Revenue Growth Management BAT A BETTER TOMORROW KEY BENEFITS Generate resources Fund investments and capabilities On track for £1bn* benefit by 2022 Stronger, simpler, faster organisation Agility to operate, increased efficiency, new capabilities 27

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