BAT Results Presentation Deck

THP: Growing volume share in Japan and ENA +70bps to 18.9% Japan Total Nicotine Volume Share حمد 0.7 glo Hyper Japan June Share % میرا 5.4% glo Japan June Share میرا 2.8 glo Moscow June Share % Moscow Jun YTD 5.3% 2.3% 0.2% YTD vs. FY 19* +0.1pp +0.5pp THP revenue down -12%* due to: > Japan excise harmonisation > glo Sens underperformance 0.7% +0.3pp +1.3pp BAT A BETTER TOMORROW glo THP Volume share growth v FY19. Japan - Jun CVS-BC Vol. Share of FMC+THP+Hybrid; Russia - Moscow Jun IMS est. Vol. Share of FMC+THP; Italy - Jun Nielsen Vol. Share of FMC+THP; Ukraine - May Nielsen RMS Vol. Share of FMC+THP; *On an adjusted, constant rate basis. See Appendix A1 & A2 19

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