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 attachedⁱⁱ:			British American Tobacco p.l.c.
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 obligation^iv
Name			Spring Mountain Investments Ltd
City and country of registered office (if applicable)			Camana Bay, George Town, Cayman Islands
4. Full name of shareholder(s) (if different from 3)^v
Name			Northfield Investments Limited
City and country of registered office (if applicable)			George Town, Grand Cayman, Cayman Islands
Name			Clarendon Hills Ltd.
City and country of registered office (if applicable)			George Town, Grand Cayman, Cayman Islands
Name			Seneca Investments Limited
City and country of registered office (if applicable)			George Town, Grand Cayman, Cayman Islands
Name			LBS Limited
City and country of registered office (if applicable)			George Town, Grand Cayman, Cayman Islands
Name			Spring Mountain Investments Ltd
City and country of registered office (if applicable)			George Town, Grand Cayman, Cayman Islands
5. Date on which the threshold was crossed or reached^vi:			16 May 2023
6. Date on which issuer notified (DD/MM/YYYY):			18 May 2023
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuer^vii
Resulting situation on the date on which threshold was crossed or reached	9.006076%	0.00%		9.006076%	201,404,985
Position of previous notification (if applicable)	8.150403%	0.00%		8.150403%

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 shares ISIN code (if possible)		Number of voting rights^ix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB0002875804 Common Stock		196,192,711		0			8.773003%		0.00%
US1104481072 Depository Receipt		5,212,274		0			0.233073%		0.00%
SUBTOTAL 8. A		201,404,985					9.006076%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration date^x	Exercise/ Conversion Period^xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
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))
Type of financial instrument	Expiration date^x		Exercise/ Conversion Period ^xi		Physical or cash settlement^xii			Number of voting rights	% of voting rights
N/A
					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 (underlying) 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 entity^xiv(please add additional rows as necessary)	X

Name^xv	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Kenneth Bryan Dart		0.000000	0.000000	0.000000%
Kenneth Bryan Dart	Portfolio Services Ltd	0.000000	0.000000	0.000000%
Kenneth Bryan Dart	LBS Limited	0.000000	0.000000	0.000000%
Kenneth Bryan Dart	Northfield Investments Limited	0.000000	0.000000	0.000000%
Kenneth Bryan Dart	Seneca Investments Limited	0.000000	0.000000	0.000000%
Kenneth Bryan Dart	Spring Mountain Investments Ltd	7.225627	0.000000	7.225627%
Kenneth Bryan Dart	Clarendon Hills Ltd	0.000000	0.000000	0.000000%

10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A

11. Additional information^xvi
N/A

Place of completion	Grand Cayman, Cayman Islands
Date of completion	18 May 2023

Name of duly authorised officer of issuer responsible for making notification:

Nancy Jiang

Senior Assistant Company Secretary

British American Tobacco p.l.c.

22 May 2023

Enquiries:

British American Tobacco Media Centre

+44 (0)20 7845 2888 (24 hours) │@BATPlc

Investor Relations

Victoria Buxton / Yetunde Ibe / John Harney:

+44 (0)20 7845 2012 / 1095 / 1263