Company: KAVL
Filing Date: 2025-02-10
Form Type: 10-K
Source: 0001731122-25-000185
Chunk: 1029

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-02-10
Form: 10-K
Item: Item 9B
Chunk 1029
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/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:

    Vesting and/or Issuance Date   
    Number of Shares of our Common Stock 
    Price Per Share 
    Aggregate Value
  
     8/1/2023 
     12,091  
     12.41  
     150,049 

53

Stephen Sheriff

During the fiscal year ended October
31, 2024, we paid a base salary of approximately $88,352 to Stephen Sheriff, our former COO, compared to a base salary of approximately
$146,528 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
  
     8/22/2023 
     7,524  
     10.08  
     75,842 
  
     2/6/2023 
     1,190  
     15.33  
     18,243 

Eric Morris

During the fiscal year ended October
31, 2024, we paid a base salary of approximately $168,960 to Eric Morris, our Interim CFO, compared to a base salary of approximately
$84,720 for the fiscal year ended October 31, 2023.

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

    Vesting and/or Issuance Date   
    Number of Shares of our Common Stock 
    Price Per Share 
    Aggregate Value
  
     7/8/2023 
     2,381  
     16.56  
     39,429 

Outstanding Equity Awards at Fiscal Year-End October 31, 2024

    Stock Option Awards