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Has British American Tobacco provided a balanced representation of material issues concerning its sustainability performance?

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Has British American Tobacco provided a balanced representation of material issues concerning its sustainability performance?

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• With the exception of the subject areas listed below, we are not aware of any material aspects concerning British American Tobacco’s sustainability performance which have been excluded from the Report. • We consider that British American Tobacco could have covered the following subject areas in more depth in the Report: • British American Tobacco’s economic impacts in countries of operation. • More detailed explanations of reasons why the target on full adherence to the IMS by 2009 had not been met. • Nothing has come to our attention that causes us to believe that British American Tobacco management has not applied its processes for determining material issues to be included in the Report, as described in the Materiality section.

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