British American Tobacco buys back shares for cancellation

British American Tobacco p.l.c. (the "Company") announced on December 17, 2025, a transaction in its own shares as part of a buyback programme initiated on March 18, 2024. The Company purchased 145,000 ordinary shares of 25 pence each from Goldman Sachs International. The highest price paid per share was 4,288.00p, the lowest price was 4,247.00p, and the volume-weighted average price was 4,268.89p.

These purchased shares are intended for cancellation. Following this transaction and cancellation, British American Tobacco p.l.c. will have 2,180,340,797 ordinary shares in issue, excluding treasury shares, which carry voting rights. The Company will also hold 132,988,352 shares in treasury. This information is crucial for shareholders to assess their notification requirements under the FCA's Disclosure Guidance and Transparency Rules.

The buyback was conducted in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014, as applied in the UK. A detailed schedule of individual trades executed by Goldman Sachs International on December 15, 2025, has been provided. For investor relations inquiries, Victoria Buxton can be reached at IR_team@bat.com. Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities acted as the sponsor for this transaction.