BRITISH AMERICAN TOBACCO PLC - Share Buyback Programme

Share Buyback Programme

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")

12 February 2026

Share Buyback Programme

Further to the share buyback programme announcement on 18 March 2024 ("the Programme") and
the subsequent extension of the Programme announced on 10 December 2025, the Company
announces that it has entered into an agreement with Banco, Santander SA ("Santander") to purchase
ordinary shares of the Company ("Shares") during the period commencing on 12 February 2026 and
ending at the close of business on 22 April 2026.

Santander will make its trading decisions in relation to the Company's Shares independently of, and
uninfluenced by, the Company.

The purpose of the Programme is to reduce the share capital of the Company. The Shares repurchased
will be cancelled.

Any purchases of Shares by the Company in relation to this announcement will be undertaken within
certain pre-set parameters, and in accordance with the Company's general authority to repurchase
shares granted by its shareholders from time to time (at the Company's 2025 AGM, shareholders
granted the Company authority to purchase a maximum of 220,451,469 Shares (the "Authority")), the
Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (2016/1052), in each
case as such legislation forms part of domestic law by virtue of section 3 of the European Union
(Withdrawal) Act 2018 (as amended), and Chapter 9.6 of the Financial Conduct Authority's UK Listing
Rules.

Pursuant to the Authority, the maximum price which may be paid for a Share is an amount (exclusive
of taxes and expenses) equal to the higher of:
   -   105 per cent of the average market value of a Share as derived from the LSE's Daily Official List
       for the five business days immediately preceding the day on which the Share is purchased, in
       accordance with Listing Rule 9.6.1 of the Listing Rules published pursuant to Part 6 of the
       Financial Services and Markets Act 2000 ("FSMA") (the "Listing Rules"); and
    - the higher of (i) the price of the last independent trade and (ii) the highest current independent
      purchase bid on the trading venue where the purchase is carried out, including when the
      shares are traded on different trading venues, in accordance with Article 3(2) of the UK Safe
      Harbour Regulation.

Enquiries:

Investor Relations
Victoria Buxton: | IR_team@bat.com

                                                                                                      1
12 February 2026

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




                                                                    2

Date: 12-02-2026 09:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.