Company: KAVL
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001731122-25-001359
Chunk: 17

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 17
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As discussed in more detail later in this section, the Board has determined that three (3) of the four (4) individuals standing for election
are independent under the rules of Nasdaq.

Director Attendance at Annual Meetings

The Board’s policy is that all directors should
attend the Annual Meeting and all persons serving as directors are expected to attend the 2025 Annual Meeting.

Selection of Nominees for The Board of Directors

The Governance and Nominating Committee considers
candidates for Board membership suggested by its members and other Board members, as well as management and stockholders. The Governance
and Nominating Committee’s charter provides that it may retain a third-party executive search firm to identify candidates from time
to time. Our Board seeks members from diverse professional backgrounds who combine a broad spectrum of experience and expertise with a
reputation for integrity. Directors should have experience in positions with a high degree of responsibility, be leaders in the companies
or institutions with which they are affiliated and are selected based upon contributions they can make to the Board and management. The
Governance and Nominating Committee’s assessment of a proposed candidate may include a review of the person’s judgment, experience,
independence, understanding of the Company’s business or other related industries and such other factors as the Governance and Nominating
Committee determines are relevant in light of the needs of the Board. The Governance and Nominating Committee believes that its nominees
should reflect a diversity of experience, gender, race, ethnicity and age. The Board does not have a specific policy regarding director
diversity. The Governance and Nominating Committee also considers such other relevant factors as it deems appropriate, including the current
composition of the Board, the balance of management and independent directors, and the evaluations of other prospective nominees, if any.

In connection with this evaluation, it is expected
that each member of the Governance and Nominating Committee will interview the prospective nominee before the prospective nominee is presented
to the full Board for consideration. After completing this evaluation and interview process, the Governance and Nominating Committee will
make a recommendation to the full Board as to the person(s) who should be nominated by the Board, and the Board determines the nominee(s)
after considering the recommendation and report of the Governance and Nominating Committee. We look for director candidates who have the
skills and experience necessary to help us achieve success within our industry.

We believe that each of our directors has the necessary
qualifications to be a value-added member of our