BAT Results Presentation Deck

COMBUSTIBLES: Value and volume share growth EST.Ot DUNHILL KENT Newport AMERICAN SPIRIT Markets LUCKY STRIKE CAMEL Rothmans OF LONDON 1890 BAT A BETTER TOMORROW Excellent global value and volume share growth, with strong pricing Driving revenue* and value share growth in the US Value and volume share growth in every region Growing value share in Developed Markets and volume share in Emerging Share growth versus FY19. Source: Company data * On an adjusted, constant rate basis. See Appendix A1 & A2 The BAT Group does not own all brands featured in this presentation in all markets, e.g. BAT is the owner of Camel and Natural American Spirit in US only PALL MALL 26

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