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

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 14
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 2023 |     | Board Committee                                                      |
|:-----------------|:----|:----|---:|:----|:---------------------------------------------|:----|:---------------|:---------------|:----|:---------------------------------------------------------------------|
| Eric Morris      |     |     | 49 |     | Chief Financial Officer                      |     |                | —              |     |                                                                      |
| David Worner     |     |     | 46 |     | Director                                     |     |                | March 19, 2023 |     | Audit – Chairman; Compensation; Nominating and Corporate Governance. |
| Ashesh Modi      |     |     | 46 |     | Director                                     |     |                | April 23, 2024 |     | Nominating and Corporate Governance – Chairman; Compensation; Audit. |
| Ketankumar Patel |     |     | 40 |     | Director                                     |     |                | April 23, 2024 |     | Compensation – Chairman; Nominating and Corporate Governance; Audit. |

Mark Thoenes, Interim Chief Executive Officer and Director. Mr. Mark Thoenes, has more than 35 years of diverse financial and operational leadership to
our company. From June 30, 2021 to August 1, 2023, he served as our Interim Chief Financial Officer on a consulting basis. He has been
a licensed Certified Public Accountant since 1984 and began his career with Ernst & Young Global Limited. From 2000 to 2010, Mr. Thoenes
served as the Executive Vice President/Chief Financial Officer of Rentrak Corporation (“Rentrak”), a publicly traded company
listed on Nasdaq and headquartered in Portland, Oregon. Founded in 1977, Rentrak went public in 1986, and remained a public company until
it was acquired by comScore, Inc. in 2016, after Mr. Thoenes left Rentrak. For the past eleven years, Mr. Thoenes has been the President
of MLT Consulting Services, LLC, a full-service business/financial consulting firm. We believe that Mr. Thoenes is qualified to serve
on our Board because of his prior and current management experience, as well as his business experience within our business industry.

Eric Morris, Chief Financial Officer. Mr. Eric Morris has served as our Interim Chief Financial Officer since March 2024. Prior to this position he was our Controller