BAT Results Presentation Deck

Modern Oral | Growing share in a growing category in the US VELO 10.1% Volume share of Modern Oral > Over-indexing* share in key states > National distribution at >100k outlets › Top 5 Velo share in states approximating 13% of US total nicotine volumes > <6mg strength segment grew 6% to 34% of the Modern oral category Ĵ Top 5** Velo shares Ĵ Ĵ BRITISH AMERICAN TOBACCO Source: Company data. * Key states ranked in terms of total nicotine volume being: Texas, California & Florida. Velo share is growing at a higher rate than the National average growth. ** Velo volume share of Modern Oral by US state Jan 20 58.0% New Jersey 48.4% Maryland 33.8% Indiana 31.4% Georgia 28.7% Wisconsin 31

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