BAT Results Presentation Deck slide image

BAT Results Presentation Deck

On track for £5bn New Category revenue and profitability** by 2025 50%+ Reduction in New Category losses* in H1 2022 >£lbn Invested in New Categories in H1 2022 1/3 New Category loss reduction driven by pricing 10% Reduction in New Category losses* in 2021 2/3 New Category loss reduction driven by scale and efficiencies Continuing to invest in our transformation 9 New Category countries profitable** BAT A BETTER TOMORROW *Reduction in losses at category contribution level. H1'22 reduction versus H1'21 and 2021 reduction versus 2020. **Profitability at category contribution level: Profit from the sales of brands after deduction of directly attributable costs (including R&D, marketing) and before allocation of overheads. 9
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