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Brazilian Briefing As the worlds fifth-largest country and one of the most culturally diverse nations and rising economic power, you may think you know a thing or two about Brazil

This shisha pipe tobacco is the tobacco of choice for many hookah smokers, both beginners and experienced, because of its wide variety of flavors, high quality, smooth flavorful taste, and great value

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For the year ended 31 December 2025 2024 m m Profit before taxation (PBT) 9,859 3,538 Less: Share of post-tax results of associates and joint ventures (1,681) (1,900) Adjusting items within profit from operations 1,575 9,154 Adjusting items within finance costs 170 (491) Adjusted profit before taxation, excluding associates and joint ventures 9,923 10,301 Impact of translational foreign exchange 337 Adjusted PBT, excluding associates and joint ventures, translated at 2024 exchange rates 10,260 10,301 Adjustments in respect of Canada1, translated at 2024 exchange rates (365) (646) Adjusted PBT, excluding associates and joint ventures and as adjusted for Canada, translated at 2024 exchange rates 9,895 9,655 Taxation on ordinary activities (2,094) (357) Adjusting items within taxation and taxation on adjusting items (344) (2,206) Adjusted taxation (2,438) (2,563) Impact of translational foreign exchange on adjusted taxation (84) Adjusted taxation, translated at 2024 exchange rates (2,522) (2,563) Adjustments in respect of Canada1, translated at 2024 exchange rates 97 169 Adjusted taxation as adjusted for Canada, translated at 2024 exchange rates (2,425) (2,394) Effective tax rate 21.2% 10.1% Underlying tax rate 24.6% 24.9% Underlying tax rate (at 2024 exchange rates) 24.6% 24.7% Underlying tax rate (2024 exchange rates) as adjusted for Canada1 24.5% 24.8% 1

Due to the very small amount of data that are available from April to September 2020, caution must be taken when interpreting estimates of substance use in the past month

A difference between individual and whole population MOE was confirmed by the lack of correlation between average values (linear fit: R = 0.25, p = 0.53)