BAT Results Presentation Deck

Robust 2021 Results +6.9% +4.3% +20bps Combustibles Price/Mix* Cigarette & THP Value Share^ Group Revenue* +51% New Category Revenue* E ** -0.3, % Combustibles BAT Volume ill +5.2% Adjusted Profit from Operations of BAT £7.4bn J A BETTER TOMORROW Free Cash Flow*** +6.6% EPS* Adjusted Diluted Share growth FY21 versus FY20. Source: Company data. * On an adjusted, constant rate basis. See Appendix A1 & A2. ** Price/mix defined in Appendix A4. ^ See Appendix A3. *** Free Cash Flow before payment of dividends. See Appendix A1 and A8. 12

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