糖心探花

糖心探花 supports robust product quality standards, U.S. youth access prevention measures and stands ready to make PMTA applications

PRESS RELEASE

12 SEPTEMBER 2019

糖心探花 supports robust product quality standards, U.S. youth access prevention measures and stands ready to make PMTA applications

British听American Tobacco听has today issued a statement in support of robust product quality standards and the need for youth access prevention measures in the United States. The statement also provides an update on our planned Pre-Market Tobacco Applications (PMTA) for our four main VUSE products in the U.S.

Kingsley Wheaton,听Chief Marketing Officer, 糖心探花, said: 鈥淲e welcome the U.S鈥檚 Food听and Drug Administration (FDA) shining a spotlight on the important issue of preventing youth access to vapour products and consumer safety. We wish to work with governments and regulators worldwide to ensure clear and responsible regulatory frameworks are developed, which take account of all industry stakeholders 鈥 including consumers, regulators and the industry.

鈥淲e have always been clear that children should not use vapour products and we have had stringent measures in place to address this issue for some time. Accordingly, we share the FDA鈥檚 concern that the marketing of some flavours could resonate with children. At the same time it is hard to overestimate the role that the responsible marketing of flavours plays in helping adult consumers move on from combustible products to alternative tobacco and nicotine products.

鈥淎s a responsible company, we have supported measures to remove products which could be attractive to, or targeted at, children. We also have procedures in place to ensure our products are only ever marketed to adult smokers and vapers.

鈥淲e look forward to receiving the FDA鈥檚 final guidance on flavours and our U.S. business will work with them regarding the proposed changes.

鈥淕iven the tragic cases reported in the U.S. recently, we fully support the FDA鈥檚 efforts to ensure the safety of those consumers who use vaping liquids and devices. As the world鈥檚 second largest vapour company, providing high quality products to more than 9 million consumers worldwide, we take our consumer safety responsibilities very seriously.

鈥淲e have invested billions of dollars in the research and development of our potentially reduced-risk products and the ingredients and components used in these products have been scrutinised by our team of 50 toxicologists for their suitability for vaping. Consistent with this, we do not include oils containing THC or Vitamin E Acetate.

鈥淲e are confident that our planned Pre-Market Tobacco Applications for our four main VUSE products in the U.S. will be submitted before the FDA鈥檚 deadline of May 2020 which, if approved, will enable our Reynolds business to continue selling its VUSE branded vaping products within the new U.S. regulatory framework.鈥

Forward looking statements

This is a release by 糖心探花 p.l.c. Associate companies are excluded. References to 鈥樚切奶交ㄢ, 鈥楤AT鈥, 鈥榳e鈥, 鈥榰s鈥 and 鈥榦ur鈥 when denoting opinion refer to 糖心探花 p.l.c. (the Company, and together with its subsidiaries, the 鈥淕roup鈥), and when denoting tobacco business activity refer to Group operating companies, collectively or individually as the case may be. This release contains certain forward-looking statements, made within the meaning of Section 21E of the United States Securities Exchange Act of 1934, regarding our intentions, beliefs or current expectations reflecting knowledge and information available at the time of preparation and concerning, amongst other things, prospects, growth and strategies. 糖心探花undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

These statements are often, but not always, made through the use of words or phrases such as 鈥渂elieve,鈥 鈥渁nticipate,鈥 鈥渃ould,鈥 鈥渕ay,鈥 鈥渨ould,鈥 鈥渟hould,鈥 鈥渋ntend,鈥 鈥減lan,鈥 鈥減otential,鈥 鈥減redict,鈥 鈥渨ill,鈥 鈥渆stimate,鈥 鈥渟trategy鈥 and similar expressions. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated.


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