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January 3, 2026

It's believed to be the first cigar to prominently feature Colombian tobacco and is a mellow-to CAOSinister Sam CAO brings you Sinister Sam an homage to Uncle Sam and the CAO America blend

This seems like an obvious change given the increasing regulations on the tobacco industry

For the year ended 31 December 2025 2024 m m Net cash generated from operating activities 6,342 10,125 Dividends paid to non-controlling interests (100) (121) Net interest paid (1,582) (1,669) Net capital expenditure (612) (434) Free cash flow (before dividends paid to shareholders) 4,048 7,901 Dividends paid to shareholders (5,238) (5,213) Free cash flow (after dividends paid to shareholders) (1,190) 2,688 The Group has an expectation to deliver in excess of 50 billion of free cash flow (FCF) before dividends between 2024 and 2030 (inclusive)