Company: KAVL
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001731122-25-001359
Chunk: 11

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 11
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 firm cannot vote the shares on that proposal. This is called a “broker non-vote.”
Abstentions and broker non-votes will have no effect on the outcome of the vote on this proposal.

Q: How many votes must be present to hold the Annual Meeting?

A:Your shares are counted as present at the
Annual Meeting if you attend the Annual Meeting online or if you properly return a proxy by internet, telephone or mail. In order for
us to conduct our Annual Meeting, a majority of the outstanding shares of stock, as of the Record Date, entitled to vote must be present
or represented by proxy at the Annual Meeting. This is referred to as a quorum. Abstentions and broker non-votes will be counted for purposes
of establishing a quorum at the Annual Meeting.

Q: How many votes are needed to elect directors?

A:You may vote “FOR” each nominee
or “WITHHOLD AUTHORITY” to vote for each nominee. Unless you mark “WITHHOLD AUTHORITY” with respect to a particular
nominee or nominees, your proxy will be voted “FOR” each of the director nominees named in this proxy statement. In an uncontested
election, a nominee will be elected as a director if the number of “FOR” votes exceeds the number of votes withholding authority.
In a contested election, a nominee will be elected director if he receives more votes than another nominee. Thus, the four (4) directors
with the most votes “FOR” will be elected to the Board. Broker non-votes and withheld votes will not affect the outcome of
the vote on directors.

Q: How many votes are needed to approve the other proposal?

A:The affirmative vote of a majority of the
voting power of the shares present in person or represented by proxy at the meeting and entitled to vote for the following proposals is
required to ratify the appointment of our independent registered public accounting firm. Abstentions will be treated as votes against
this proposal. Brokerage firms have authority to vote customers’ unvoted shares held by the firms in street name only on the proposal
to ratify the appointment of our independent registered public accounting firm. If a broker does not exercise this authority, such broker
non-votes will have no effect on the results of this vote. We are not required to obtain the approval of our stockholders to appoint our
independent registered public accounting firm. However, if our stockholders do not ratify the appointment of MaloneBailey