BAT Investor Conference Presentation Deck

Strong, Global, Brands in All Three Categories #1 VAPOUR "' vuse 张 Scientifically-Substantiated #2 #2 THP glo COO ● #1 VIII VELO BAT MODERN ORAL ++ ++ A BETTER TOMORROW #3 Share positions based on value share of vapour and volume share of THP and Modern oral. Vuse brand represents c. 80% of FY20 vapour revenue. Continue to migrate remaining Vype brands during 2021. Velo brand represents over 50% of FY20 Modern Oral markets. Continue to migrate remaining EPOK, LYFT brands during 2021. 11

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