BAT Results Presentation Deck

We are building A Better Tomorrow T TM From Cigarettes Declining Volume Growing Value 50 million consumers of Non-Combustible** products by 2030 £5bn New Category Revenue 2025 & Profitability by 2024*** A BETTER TOMORROW™ CO₂ Carbon neutral operations Scope 182 by 2030¹ NET ZERO To Net zero value chain emissions by 2050^ BAT Multi-Category CPG Nicotine & Beyond* A BETTER TOMORROW Growing Volume & Value के <1% waste from direct operations to landfill by 2025^ Reducing the health impact of our business, based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive. * Beyond refers to Wellbeing & Stimulation. Expected target market for consumer acquisition is adult consumers seeking wellbeing and stimulation solutions in their daily lives. ** Consumers of Non-Combustible products definition. See Appendix A6. *** Profitability at category contribution level: Profit from operations before the impact of adjusting items and translational foreign exchange, having allocated costs that are directly attributable to New Categories. Environmental targets. See Appendix A5. 52

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