British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
("British American Tobacco p.l.c." or "the Company")

Publication of Final Terms
The following final terms (the “Final Terms”) are available for viewing:

Final Terms for B.A.T. Netherlands Finance B.V’s €800,000,000 5.375 per cent. Guaranteed Notes
due 2031 (the “Notes”) issued pursuant to the base prospectus dated 17 March 2022 (as
supplemented by the supplementary prospectus dated 8 August 2022 and the supplementary
prospectus dated 9 February 2023) (together, the “Prospectus”) in connection with the
£25,000,000,000 Euro Medium Term Note Programme of B.A.T. International Finance p.l.c., B.A.T.
Netherlands Finance B.V. and B.A.T Capital Corporation (as Issuers) and British American
Tobacco p.l.c. and each of the Issuers (except where it is the relevant Issuer) (as Guarantors).

The Final Terms for the Notes contain the final terms of the Notes. The Final Terms of the Notes
must be read in conjunction with the Prospectus, which constitutes a base prospectus for the
purposes of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018.

To view the Final Terms, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/9286P_1-2023-2-14.pdf

The Final Terms have been submitted to the National Storage Mechanism and will shortly be
available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Enquiries

British American Tobacco Media Centre
+44 (0)20 7845 2888 (24 hours) │@BATPlc

Investor Relations
Victoria Buxton / Yetunde Ibe / John Harney:

+44 (0)20 7845 2012 / 1095 / 1263

British American Tobacco p.l.c.
Globe House
4 Temple Place
London WC2R 2PG

15 February 2023

DISCLAIMER – INTENDED ADDRESSEES

Please note that the information contained in the Final Terms (when read together with the
Prospectus) may be addressed to and/or targeted at persons who are residents of particular
countries (specified in the Prospectus) only and is not intended for use and should not be relied
upon by any person outside these countries and/or to whom the offer contained in the Final Terms
and the Prospectus is not addressed. Prior to relying on the information contained in the Final
Terms or the Prospectus, you must ascertain from the Prospectus whether or not you are one of
the intended addressees of the information contained therein.

The Notes have not been registered under the Securities Act or any relevant securities laws of any
state of the United States, and may not be offered or sold in the United States absent registration
or pursuant to an exemption from, or in a transaction not subject to, the registration requirements
of the Securities Act.

Your right to access this service is conditional upon complying with the above requirement.



15 February 2023

Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities