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

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 10
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, will count the votes and will serve as the inspector of election.

Q: What if I return my proxy card but do not provide voting instructions?

A:If you vote by proxy card, your shares will
be voted as you instruct by the individuals named as proxies on the proxy card. If you sign and return a proxy card but do not specify
how your shares are to be voted, the persons named as proxies on the proxy card will vote your shares in accordance with the recommendations
of the Board. These recommendations are:

| ● 
 ● | FOR the election of the four (4) nominees for director named in this Proxy Statement (Proposal 1);                                                                                                                                                                               
 FOR the ratification of the selection by our Board of MaloneBailey, LLP as our independent auditor for the fiscal year ending October 31, 2025 (Proposal 2); and                                                                                                                 |
|:--|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ● | to provide authority for the persons named as proxies to vote on other matters that may come before the Annual Meeting in their discretion. The Board has made no recommendation as to how the proxies will vote with respect to other matters that may come before the meeting. |

Q: What does it mean if I receive more than one proxy card?

A:It means that you have multiple accounts
with brokers and/or our transfer agent. Please vote all of these shares. We recommend that you contact your broker and/or our transfer
agent to consolidate as many accounts as possible under the same name and address. Our transfer agent is Vstock Transfer, LLC, which may
be reached at (212) 828-8436.

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Q: Will my shares be voted if I do not provide my proxy?

A:Your shares may be voted if they are held
in the name of a brokerage firm, even if you do not provide the brokerage firm with voting instructions. Brokerage firms have the authority
under the rules of The Nasdaq Stock Market LLC (“Nasdaq”) to vote shares for which their customers do not provide voting instructions
on certain “routine” matters. The proposal to ratify the selection of MaloneBailey, LLP as our independent auditor for fiscal
year 2025 is considered a routine matter for which brokerage firms may vote shares for which they have not received voting instructions.
When a proposal is not a routine matter and the brokerage firm has not received voting instructions from the beneficial owner of the shares
with respect to that proposal, the brokerage