british american tobacco cigarette brands British American Tobacco Plc (Tii:BTI) 424 British American Tobacco Company

Kollins has received research support or honoraria from the following sources: Shire Pharmaceuticals, Eli Lilly, Comentis, Psychogenics, Pfizer, Cephalon, New River Pharmaceuticals, NIDA, NIMH, NINDS, NIEHS, and EPA

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The company was one of the first to see Kathas potential, and it is now a global leader in production

H2 2025 Further improvement in New Category contribution 1 , driven by Modern Oral and Vapour H2 weighted Group profit 3 delivery, driven by stabilising our performance in APMEA and the increasing realisation of Fit2Win savings through the year Confident in sustainably delivering our mid-term algorithm: 3-5% revenue, 4-6% APFO 3 and 5-8% adjusted diluted EPS 3 growth, with 2026 performance still expected at the lower end of these ranges Strong cash generation, with balanced capital allocation