BAT Investor Conference Presentation Deck

Delivering Our Purpose is Transforming BAT From Cigarettes Declining Volume Growing Value 50 million consumers of Non-Combustible** products by 2030 A BETTER TOMORROW™ £5bn New Category revenue by 2025 Creating value for all our stakeholders 团 CO₂ Multi-category CPG Nicotine & Beyond* To Growing Volume & Value Carbon neutral by 2030*** Ĉ BAT A BETTER TOMORROW Eliminate unnecessary single-use plastic & all plastic packaging recyclable by 2025*** * Beyond refers to Wellbeing & Stimulation Beyond Nicotine. ** Consumers of Non-Combustible products definition. See Appendix A6. *** Environmental targets, carbon neutral is scope 1 & 2. See Appendix A5. ^ Reusable, recyclable or compostable. 11

View entire presentation