BAT Results Presentation Deck

FY 2021 GUIDANCE: Resilience in an Uncertain Environment * Kil AA 3-5% Revenue Growth* Mid Single Figure EPS Growth** Continued Deleverage c.3X Adjusted Net Debt/Adjusted EBITDA by end 2021 On a constant rate basis. See Appendix A2 **Adjusted Diluted EPS on a constant rate basis. See Appendix A1 & A2 BAT A BETTER TOMORROW Performance within guidance range dependent on ● +/- External factors: • COVID impact US industry volume • Associate performance 32

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