Imperial Brands Investor Day Presentation Deck

Strategic review: solid foundations for the future Solid share positions in Europe and US; leadership in several African markets Promising heated tobacco proposition with Pulze Encouraging brand performances despite limited investment; strong local jewels blu vapour brand strength in US and Europe 9 Capital Markets Day | 27 January 2021 Solid customer partnerships as #2 or #3 in market Talented workforce willing to embrace change IMPERIAL BRANDS Competitive manufacturing and supply chain operations High margins and strong operating cash flow

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