BAT Results Presentation Deck

COMBUSTIBLES: Delivering Value Growth +20 +40. Corporate Value ShareA bps سرا +2.8% Combustibles Revenue* Corporate Volume ShareA +7.3% Combustibles Price/Mix** +40m bps Strategic Brand Value Share 66% Strategic Brand Share of Group Combustible volume EST. 1907 BAT DUNHILL A BETTER TOMORROW TOBACCO OF LONDON LTD. AMERICAN SPIRIT KENT Newport LUCKY STRIKE CAMEL Rothmans OF LONDON 1890 PALL MALL Share growth versus FY19. FMC share. ^ See Appendix A3 for share definitions. Source: Company data. * On an adjusted, constant rate basis. See Appendix A1 & A2. **Price/mix defined in Appendix A4. The BAT Group does not own all brands featured in this presentation in all markets, e.g. BAT is the owner of Newport, Camel and Natural American Spirit in US only. 21

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