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. (the “Company”)

Quarterly Dividends for the year ended 31 December 2022:
Payment No. 2 – August 2023 (the “August 2023 Dividend”)
South Africa Branch Register Finalisation Information

On 9 February 2023, the Company announced that the Board had declared an interim dividend of
230.9p per ordinary share of 25p, payable in four equal quarterly instalments of 57.72p per ordinary
share in May 2023, August 2023, November 2023 and February 2024.

The August 2023 Dividend will be payable on 18 August 2023 to shareholders registered on either
the UK main register or the South Africa branch register on 14 July 2023 (the record date).

In accordance with the JSE Limited (“JSE”) Listing Requirements, the finalisation information for the
August 2023 Dividend relating to shareholders registered on the South Africa branch register is set
out in the paragraphs below.

The salient dates and other dividend declaration information announced on 9 February 2023 remain
unchanged for the August 2023 Dividend.

South Africa Branch Register: Dividend Rate

The British American Tobacco Group reports in sterling, therefore dividends are declared and
payable in sterling except for shareholders on the branch register in South Africa whose dividends
are payable in rand. A rate of exchange of £:R=23.90860 as at 30 June 2023 (the closing rate on that
date as quoted by Bloomberg), results in an equivalent August 2023 Dividend of 1380.00439 SA
cents per ordinary share.

South Africa Branch Register: Dividends Tax Information

South Africa Dividends Tax (at a rate of 20%), equivalent to 276.00088 SA cents per ordinary share,
will be withheld from the gross August 2023 Dividend paid to shareholders on the South Africa
branch register, unless a shareholder qualifies for an exemption. After Dividends Tax has been
withheld, the net dividend will be 1104.00351 SA cents per ordinary share. The August 2023
Dividend is regarded as a ‘foreign dividend’ for the purposes of the South Africa Dividends Tax. For
the purposes of South Africa Dividends Tax reporting, the source of income for the payment of the
August 2023 Dividend is the United Kingdom.

At the close of business on 30 June 2023 (the latest practicable date prior to the date of the
declaration of the South African rand equivalent of the August 2023 Dividend), the Company had a
total of 2,236,360,704 ordinary shares in issue (excluding treasury shares). The Company held
220,546,715 ordinary shares in treasury giving a total issued share capital of 2,456,907,419 ordinary
shares.
British American Tobacco p.l.c. is registered with the South African Revenue Service (SARS) with tax
reference number 9378193172.

For the avoidance of doubt, Dividends Tax and the information provided above is of only direct
application to shareholders on the South Africa branch register. Shareholders on the South Africa
branch register should direct any questions regarding the application of Dividends Tax to
Computershare Investor Services Proprietary Limited, contact details for which are given below:

Computershare Investor Services Proprietary Limited
Private Bag, X9000, Saxonwold, 2132
tel: 0861 100 634; +27 11 870 8216
email enquiries: web.queries@computershare.co.za


Name of duly authorised officer of issuer responsible for making notification:

P McCrory
Company Secretary
British American Tobacco p.l.c.

4 July 2023

Enquiries:

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

Investor Relations
Victoria Buxton / John Harney:
+44 (0)20 7845 2012 / 1263


4 July 2023

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