Company: XXII
Filing Date: 2025-04-30
Form Type: 10-K/A
Source: 0001641172-25-006806
Chunk: 20

Company: 22nd Century Group, Inc.
Filing Date: 2025-04-30
Form: 10-K/A
Chunk 20
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 |     | $                 | 648,900 |     | $                    |  159,275 |   |     | $                            |  119,184 |   |     | $                 |        — |   |     | $                   |  191,042 |   |

| (4) | Total                                                                                                                              
 Stockholder Return illustrates the value, as of the last day of the indicated fiscal year, of an investment of $100 in XXII common 
 stock on January 1, 2021.                                                                                                          |

| (5) | The                                                                                                                              
 dollar amounts reported represent the amount of net income (loss) reflected in our consolidated audited financial statements for 
 the applicable year.                                                                                                             |

| 14 |

Analysis of the Information Presented in the Pay Versus Performance Table

Compensation Actually Paid and Net Income (Loss)

Due to the nature of our Company’s consolidated financial statements and primary focus on research and development for utilizing plant technologies to improve health and wellness with reduced nicotine tobacco, our Company has not historically utilized net income (loss) as a performance measure for our executive compensation program. From 2022 to 2024, our net loss increased and the Compensation Actually Paid to our PEO and Non-PEO NEOs decreased between those years.

PEO and Non-PEO NEO Compensation Actually Paid and Company Total Stockholder Return (“TSR”)

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s TSR over the period covering fiscal years 2021 to 2024. A large component of our executive compensation is equity-based to align compensation with performance, but also includes other appropriate incentives such as cash bonuses that are designed to incentivize our executives to achieve annual corporate goals. We believe the equity-based compensation strongly aligns our PEO and Non-PEO NEOs’ interests with those of our stockholders to maximize long-term value and encourages long-term employment.

Employment Agreements with Named Executive Officers

Currently, we do not have any employment agreements with any of our executive officers.

Compensation of Directors

Elements of 2024 Non-Employee Director Compensation

Non-employee directors are compensated for their service on our Board as shown below. Directors who are employees of the Company receive no additional compensation for serving as directors. The Compensation Committee periodically reviews the compensation of our non-employee directors and considers market practices.

| 15 |

Given the performance of