BAT Investor Conference Presentation Deck

Strong H1 2021 results all +8.1% Group Revenue* Combustibles Price/Mix** +50% +4.3% +10bps +5.4% New Category Revenue* Cigarette & THP Value Share^ +1.5% Combustibles BAT Volumes al Share growth YTD May 21 versus FY20. Source: Company data. * On a constant rate basis. See Appendix A2. ** Price/mix defined in Appendix A4. ^ See Appendix A3. BAT A BETTER TOMORROW Adjusted Profit* from Operations +20bps +6.1% Cigarette & THP Volume Share^ EPS* Adjusted Diluted 6

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