British American Tobacco buys back shares at average 4,121p

British American Tobacco p.l.c. (the "Company") executed a share buyback on September 4, 2025, purchasing 120,970 of its ordinary shares of 25 pence each from Banco Santander, S.A. This transaction is part of a buyback programme initially announced on March 18, 2024, and conducted under the authority granted by shareholders at the annual general meeting on April 16, 2025. The shares were acquired at a volume weighted average price of 4,121.6994p per share, with the highest price paid being 4,157.00p and the lowest price 4,060.00p.

The Company intends to cancel these purchased shares. Following the cancellation, British American Tobacco p.l.c. will have 2,189,765,532 ordinary shares in issue (excluding treasury shares) that carry voting rights. Additionally, the Company will hold 132,999,412 ordinary shares in treasury. This information is crucial for shareholders to assess their notification obligations regarding changes to their interest in the Company, in line with the FCA's Disclosure Guidance and Transparency Rules.

The announcement also includes a detailed schedule of individual trades executed by Banco Santander, S.A. on September 4, 2025. Investor relations enquiries can be directed to Victoria Buxton.