BAT Investor Conference Presentation Deck

Confident in delivering A Better Tomorrow™ 3-5% Revenue Growth* High Single Figure EPS growth* Adjusted diluted (post COVID) £5bn New Categories Revenue by 2025 Creating shared Stakeholder and Shareholder value * Medium-term growth targets. On a constant rate basis. See Appendix A2. ** Non-Combustible consumer definition: see Appendix A6. BAT A BETTER TOMORROW 50mn Non- Combustible Consumers** by 2030 49

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