We are pleased to announce the offering by CLSASM of up to 35,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of BAT by way of market making.

The BAT-C43 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The BAT-C43 is constituted by the Deed Poll dated 28 March 2025. The BAT-C43 is subject to the terms and conditions of the Base Prospectus dated 11 April 2025, the First Supplementary Base Prospectus dated 26 June 2025, the Second Supplementary Base Prospectus dated 27 August 2025, the Third Supplementary Base Prospectus dated 06 November 2025 and the Fourth Supplementary Base Prospectus dated 06 February 2026. The obligations of CLSASM under BAT-C43 are guaranteed by CITIC Securities International Company Limited pursuant to the Guarantee Deed Poll dated 28 March 2025.

A summary of the principal terms of BAT-C43 is set out in the attachment.

This announcement is dated 03 March 2026.