Company: KAVL
Filing Date: 2025-08-04
Form Type: S-3/A
Source: 0001731122-25-001067
Chunk: 58

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-08-04
Form: S-3/A
Chunk 58
---
 sets forth the various expenses
in connection with the registration of the securities offered hereby. We will bear all of these expenses. All amounts are estimated except
for the SEC registration fee:

| Item                          |     | Amount |         |
|:------------------------------|:----|:-------|--------:|
| SEC registration fee          |     | $      |  38,375 |
| FINRA filing fee              |     | $      |  35,000 |
| Legal fees and expenses       |     | $      | 100,000 |
| Accounting fees and expenses  |     | $      |  20,000 |
| Printing and related expenses |     | $      |   5,000 |
| Miscellaneous                 |     | $      |  10,000 |
| Total                         |     | $      | 208,375 |

Item 15. Indemnification of Directors and Officer s

Section 102 of the General Company Law of the State
of Delaware (“DGCL”) permits a Company to eliminate the personal liability of directors of a Company to the Company or its
stockholders for monetary damages for a breach of fiduciary duty as a director, except where the director breached his duty of loyalty,
failed to act in good faith, engaged in intentional misconduct or knowingly violated a law, authorized the payment of a dividend or approved
a stock repurchase in violation of Delaware corporate law or obtained an improper personal benefit. Our charter, as amended provides that
no director of the Company shall be personally liable to it or its stockholders for monetary damages for any breach of fiduciary duty
as a director, notwithstanding any provision of law imposing such liability, except to the extent that the DGCL prohibits the elimination
or limitation of liability of directors for breaches of fiduciary duty.

Section 145 of the DGCL provides that a Company has
the power to indemnify a director, officer, employee, or agent of the Company, or a person serving at the request of the Company for another
Company, partnership, joint venture, trust or other enterprise in related capacities against expenses (including attorneys’ fees),
judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with an action, suit or proceeding
to which he was or is a party or is threatened to be made a party to any threatened, ending or completed action, suit or proceeding by
reason of such position, if such person acted in good faith and in a manner he reasonably believed