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. 4 – February 2024 (the “February 2024 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 February 2024 Dividend will be payable on 1 February 2024 to shareholders registered on either
the UK main register or the South Africa branch register on 22 December 2023 (the record date).

In accordance with the JSE Limited (“JSE”) Listing Requirements, the finalisation information for the
February 2024 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 February 2024 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=23.8017 as at 8 December 2023 (the closing rate on
that date as quoted by Bloomberg), results in an equivalent February 2024 Dividend of 1373.83412
SA cents per ordinary share.

South Africa Branch Register: Dividends Tax Information

South Africa Dividends Tax (at a rate of 20%), equivalent to 274.76682 SA cents per ordinary share,
will be withheld from the gross February 2024 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 1099.06730 SA cents per ordinary share. The February 2024
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
February 2024 Dividend is the United Kingdom.

At the close of business on 8 December 2023 (the latest practicable date prior to the date of the
declaration of the South African rand equivalent of the February 2024 Dividend), the Company had a
total of 2,236,408,054 ordinary shares in issue (excluding treasury shares). The Company held
220,533,855 ordinary shares in treasury giving a total issued share capital of 2,456,941,909 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:

Nancy Jiang
Senior Assistant Company Secretary
British American Tobacco p.l.c.

12 December 2023

Enquiries:

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

Investor Relations
Victoria Buxton: +44 (0)20 7845 2012
Amy Chamberlain +44 (0)20 7845 1124
John Harney: +44 (0)20 7845 1263
Jane Henderson +44 (0)207845 1117

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