British American Tobacco p.l.c. (BTI) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript

Core Viewpoint - British American Tobacco (BAT) is focusing on a smoke-free future while achieving solid organic growth and strong shareholder returns [2] Group 1: Company Performance - BAT has demonstrated strong momentum in new product categories and effective management of its combustible portfolio [2] - The company has generated significant free cash flow, enabling it to return substantial cash to shareholders through dividends and share buybacks [2] Group 2: Leadership and Sponsorship - Tadeu Marroco, CEO, and David Waterfield, President of Reynolds American, represented BAT at the CAGNY event [1] - BAT sponsored the lunch following their presentation, indicating their commitment to engaging with stakeholders [1]