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Notification of major holdings
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")
British American Tobacco p.l.c.
TR-1: Notification of major holdings
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are at- British American Tobacco p.l.c.
tached ii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name The Capital Group Companies, Inc.
City and country of registered office (if applicable) Los Angeles, USA
4. Full name of shareholder(s) (if different from 3)v
Name
City and country of registered office (if applicable)
Name
City and country of registered office (if applicable)
Name
City and country of registered office (if applicable)
Name
City and country of registered office (if applicable)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or
22/01/2026
reached vi:
6. Date on which issuer notified (DD/MM/YYYY): 23/01/2026
7. Total positions of person(s) subject to the notification obligation
% of voting rights
% of voting rights through financial in- Total number of
Total of both in %
attached to shares struments voting rights of
(8.A + 8.B)
(total of 8. A) (total of 8.B 1 + 8.B issuervii
2)
Resulting situation
on the date on
which threshold 18.869293 0.000000 18.869293 410,903,888
was crossed or
reached
Position of previ-
ous notification (if 19.013003 0.000000 19.013003
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached viii
A: Voting rights attached to shares
Class/type of Number of voting rightsix % of voting rights
shares
ISIN code (if possi- Direct Indirect Direct Indirect
ble) (Art 9 of Directive (Art 10 of Di- (Art 9 of Directive (Art 10 of Di-
2004/109/EC) rective 2004/109/EC) rective
(DTR5.1) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.2.1) (DTR5.2.1)
GB0002875804 Com-
mon Stock 319,410,864 14.667803
US1104481072 Deposi-
tory Receipt 91,493,024 4.201490
SUBTOTAL 8. A 410,903,888 18.869293%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Number of voting
Expira- rights that may be ac-
Type of financial Exercise/ % of voting
tion quired if the instru-
instrument Conversion Period xi rights
date x ment is
exercised/converted.
N/A
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
Exercise/ Physical or
Type of finan- Expiration Number of % of voting
x Conversion cash
cial instrument date voting rights rights
Period xi settlementxii
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity
and does not control any other undertaking(s) holding directly or indirectly an interest in the (under-
lying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal X
entity xiv (please add additional rows as necessary)
% of voting rights
% of voting rights Total of both if
through financial
if it equals or is it equals or is
Name of controlled instruments if it
Namexv higher than the higher than the
undertaking equals or is higher
notifiable thresh- notifiable
than the notifiable
old threshold
threshold
Capital Research
The Capital Group
and Management 18.771122 18.771122%
Companies, Inc.
Company
The Capital Group Capital International,
Companies, Inc. Inc.
Capital Group Pri-
The Capital Group
vate Client Services,
Companies, Inc.
Inc.
The Capital Group Capital International
Companies, Inc. Sarl
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will
be held
11. Additional information xvi
The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management
Company ("CRMC") and Capital Bank & Trust Company ("CB&T"). CRMC is a U.S.-based investment
management company that serves as investment manager to the American Funds family of mutual funds,
other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment
manager affiliates manage equity assets for various investment companies through three divisions, Capital
Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the
parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of six in-
vestment management companies ("CGII management companies"): Capital International, Inc., Capital
International Limited, Capital International Sàrl, Capital International K.K., Capital Group Private Client Ser-
vices Inc, and Capital Group Investment Management Private Limited. CGII management companies pri-
marily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based reg-
istered investment adviser and an affiliated federally chartered bank.
Neither CGC nor any of its affiliates own shares of the Issuer for its own account. Rather, the shares re-
ported on this Notification are owned by accounts under the discretionary investment management of one
or more of the investment management companies described above.
Place of completion Los Angeles
Date of completion 23/01/2026
Name of duly authorised officer of issuer responsible for making notification:
Nancy Jiang
Senior Assistant Company Secretary
British American Tobacco p.l.c.
26 January 2026
Enquiries:
British American Tobacco Media Centre
+44 (0) 20 7845 2888 (24 hours)?|?@BATplc
Investor Relations
Victoria Buxton | IR_team@bat.com
27 January 2026
Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
Date: 27-01-2026 07:05:00
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