Financial Results and Outlook

Other Tobacco Businesses Sheet Tobacco (Deli-HTL and DHT GmbH & Co.) • • Sheet tobacco is a malleable sheet formed from a pulp of stems and other tobacco remnants Produces wrapper and binder sheet for all types of cigars, as well as cigar and cigarette filler sheets AmeriNic . • U.S. based producer of high quality liquid nicotine for next generation tobacco products. ULT Agronomic Center • Seed variety research & development • Production techniques. • Grower sustainability studies • Integrated Pest Management (IPM) • Evaluation of new agrochemical products 47

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