BAT

Traditional tobacco has been the mainstay of our business for more than 100 years - and will
continue to be so for a long time to come. However, we also see huge potential in Next
Generation Products, which include Vapour Products like e-cigarettes.

We have invested more than half a billion pounds in building a whole new area of the business
focused exclusively on Next Generation Products. Within this division, we have specialist
business units with experts focused on developing and delivering quality new products,
including Vapour Products (e-cigarettes) and Tobacco Heating Products.

From the launch of Vype, our first Vapour Product, in the UK

in 2013, we now have a range of products available to consumers across a number of
international markets. In December 2016 we opened our first Vype-branded store in Milan,
Italy at the same time as launching a new type of Vapour Product, Vype Pebble. Our Tobacco
Heating Product range includes glo iFuse launched in Romania in 2015 and glo, which we
launched in Japan in November 2016.

The Boeing 737 Next Generation, commonly abbreviated as 737NG,[3] is the name given to the
600/-700/-800/-900 series of the Boeing 737 airliner. It is the third generation derivative of the 737,
and follows the 737 Classic (300/-400/-500) series, which began production in the 1980s. They
are short- to medium-range, narrow-body jet airliners. Produced since 1996 by Boeing Commercial
Airplanes, the 737NG series includes four variants and can seat between 110 and 210 passengers.