Pyxus International Investor Presentation — August 2024

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President & CEOFlavia Landsberg

Chief Financial Officer

Forward -looking Statements and Other Matters

3Cautionary Statement Regarding Forward -Looking Statements .

Readers arecautioned that thestatements contained inthisreport regarding expectations ofourperformance orother matters that may affect ourbusiness, results ofoperations, orfinancial condition are

"forward -looking statements" asdefined inthePrivate Securities Litigation Reform Actof1995 .These statements, which arebased oncurrent expectations offuture events, may beidentified bytheuseof

words such as"guidance", "strategy," "expects," "continues," "plans," "anticipates," "believes," "will," "estimates," "intends," "projects," "goals," "targets," and other words ofsimilar meaning .These

statements also may beidentified bythefact that they donotrelate strictly tohistorical orcurrent facts .Ifunderlying assumptions prove inaccurate, orifknown orunknown risks oruncertainties

materialize, actual results could vary materially from those anticipated, estimated, orprojected .These risks anduncertainties include those discussed inthisQuarterly Report onForm 10-Q,inourAnnual

Report onForm 10-Kfortheyear ended March 31,2024 and inourother filings with theSecurities and Exchange Commission .These risks and uncertainties include :ourreliance onasmall number of

significant customers ;continued vertical integration byourcustomers ;global shifts insourcing customer requirements ;shifts intheglobal supply anddemand position fortobacco products ;variation inour

financial results duetogrowing conditions, customer indications andother factors ;lossofconfidence inusbyourcustomers, farmers andother suppliers ;migration ofsuppliers who have historically grown

tobacco andfrom whom wehave purchased tobacco toward growing other crops ;risks related toouradvancement ofinputs totobacco suppliers tobesettled upon thesuppliers delivering usunprocessed

tobacco attheend ofthegrowing season ;risks that thetobacco wepurchase directly from suppliers willnotmeet ourcustomers’ quality and quantity requirements ;weather and other environmental

conditions thatcanaffect themarketability ofourinventory ;international business risks, including unsettled political conditions, uncertainty intheenforcement oflegal obligations, including thecollection of

accounts receivable, fraud risks, expropriation, import and export restrictions, exchange controls, inflationary economies, currency risks and risks related totherestrictions onrepatriation ofearnings or

proceeds from liquidated assets offoreign subsidiaries ;many ofouroperations arelocated injurisdictions that pose ahigh riskofpotential violations oftheForeign Corrupt Practices Act;risks and