BAT Results Presentation Deck

US Combustibles | Value growth and share gains +30 bps +50bps +50bps Value share 36.8% Premium share 34.5% -10 bps Volume share 34.6% Strategic Brands value share 34.6% +20bps +30 bps ASU30 share 44.1% Strategic Brands volume share 33.0% AMERICAN SPIRIT CIGARETTES CAMEL Share growth versus FY18 See Appendix A3. Source: Company data The BAT Group does not own all brands referred to in this presentation in all markets e.g. BAT is the owner of the Camel and Natural American Spirit brands in the United States only Newport PALL MALL 13

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