BAT Results Presentation Deck

Continued High Single Figure earnings growth* +8.4%* *000 296.7 2018 FY 22.1 Adjusted Profit from Operations 2.6 Net Finance Costs 3.4 *FY18 Adjusted basis. FY19 Adjusted and constant rate basis. See Appendix A1-A2. Source: Company data +8.4% 1.0 Associates Taxation 0.7 Non- Controlling Interests 0.1 Number of Shares 321.6 BRITISH AMERICAN +9.1% 2.2 TOBACCO 323.8 2019 FY at FX Impact 2019 FY at Constant Current FX FX 35

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