BAT Investor Conference Presentation Deck

In Pioneer New Category Markets Progress is Accelerating + 63% c.15% of our Developed Market* Revenue 42% 28% Non-Combustible products revenue % # 27% Note: % Revenue by market FY2020 *OECD excluding Australia and Turkey where Non-Combustible products are unavailable Our Transformation is Well Underway BAT A BETTER TOMORROW 13% 17

View entire presentation