Company: KAVL
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001731122-25-001359
Chunk: 30

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 30
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 23,810 |     |                 | 15.33 |     |                 | 365,007 |

Eric Mosser

During the fiscal year ended October
31, 2024, we paid a base salary of approximately $129,549 to Eric Mosser, our former CEO, compared to a base salary of approximately $300,000
for the fiscal year ended October 31, 2023.

We issued the following stock
compensation to Mr. Mosser during fiscal years 2023 and 2024:

| Vesting and/or Issuance Date |     | Number of Shares of our Common Stock |        |     | Price Per Share |       |     | Aggregate Value |         |
| 8/1/2023                     |     |                                      | 27,004 |     |                 | 12.41 |     |                 | 335,120 |
| 2/6/2023                     |     |                                      | 23,810 |     |                 | 15.33 |     |                 | 365,007 |

Mark Thoenes

During the fiscal year ended October
31, 2024, we paid a base salary of approximately $74,583 to Mark Thoenes, our Interim CEO, compared to a base salary of approximately
$298,050 for the fiscal year ended October 31, 2023.

We issued the following stock
compensation to Mr. Thoenes during fiscal years 2023 and 2024:

| Vesting and/or Issuance Date |     | Number of Shares of our Common Stock |        |     | Price Per Share |       |     | Aggregate Value |        |
| 3/3/2023                     |     |                                      |  2,381 |     |                 | 12.87 |     |                 | 30,643 |
| 4/23/2024                    |     |                                      | 10,000 |     |                 |  3.64 |     |                 | 36,400 |

Thomas Meztler

During the fiscal year ended October
31, 2024, we paid a base salary of approximately $83,112 to Thomas Meztler, our former CFO, compared to a base salary of approximately
$61,076 for the fiscal year ended October 31, 2023.

We issued the following stock
compensation to Mr. Meztler during fiscal years 2023 and 2024: