What does this mean for JTI?

Insider dealing is the use of inside information for personal benefit or to benefit a third party. It can also refer to a recommendation based on inside information. Inside information is any non-public information, which, if disclosed, could have a significant effect on the price of a company’s securities. Inside information can include confidential financial results, declarations of dividends, issues or buybacks of shares, major expansion plans, and proposed mergers, acquisitions or takeovers.

What does this mean to me as an employee?

I do not buy or sell any securities (e.g. shares, bonds or stock options) while in possession of inside information, nor do I advise others to buy or sell securities. I do not share inside information with a third party unless I am authorized to do so.

If I become aware of a colleague or an employee of a business partner attempting to obtain inside information without providing a reasonable explanation for this request, I report it immediately to the Chief Financial Officer or a member of the Compliance team.