Kaival Brands Innovations Group Inc · OTC:KAVL
Kaival Brands Innovations — Investor Presentation (May 2022)
26 slides from Kaival Brands Innovations's investor presentation, May 11, 2022
Slide 1: Kaival Brands May 2022
Kaival Brands MAY 2022 NASDAQ: KAVL | www.kaivalbrands.com
Slide 2: Forward-Looking Statements
K vel ; MAY oe Forward-Looking Statements aa "forward-looking within the meaning of federal securities la the pace of recovery when the ID-1 q\ h "anticipate," "believe," "continue," d r ‘lobal markets and a estimate," "expect," "forecast," "intend," "may," "plan," "position," "should," worsening of
Slide 3: Positioned to Lead the U.S. and Global Vapor Markets
Aaiyal butor of all Bidi Vapor products Exclusive global distri Positioned to Lead the U.S. and Global Vapor Markets High-growth opportunity in expected $112B+ global -cigarette market by 20241 Bidi Vapor has ~7.6% market share in sable ENDS with ee white space? Robust existing US wholesale- cistron
Slide 4: A Committed Partnership with Highly Complementary Platforms
Asaival Brands. A Committed Partnership with Highly Complementary Platforms Aaival Brands Robust Distribution Network Marketing Experience pA al Leading Brand Development Exclusive Global Distributor p | ( 1 The Prefered Choice Cutting-edge, Patented Technology Premium Formulation Exclusive Global M
Slide 5: Exclusive distributor of all Bidi Vapor ENDS products
4 / Aaiyal Kaival Brands is the exclusive distributor of all Bidi Vapor ENDS products Market-disruptive products... Robust International Pipeline ...delivering compelling results Bidi Vapor has 7.6%+ disposable oye oye ENDs market share! || i 339 i STICK POUCH largest disposable ENDS product!
Slide 6: The BIDI Stick: pinnacle of the ENDS market evolution
Asaival Brands. We believe that the BIDI® Stick represents the pinnacle of the ENDS market evolution. - Simple, functional design without any buttons or settings configurations - Pressure control sensor del del f d - Medical i id d heat resistance - Sensitivity control system ensures the adult-only
Slide 7: A High-Growth Opportunity
Asaival Brands. A High-Growth Opportunity U.S. E-CIGARETTE RETAIL SALES U.S. ADULT VAPERS AGE 21+ USD in billions Users in millions [ $25.1 U.S. Cigarette total | addressable market CAGR: HE 21+ E-cigarette Only Users (TAM) projected to 29.1% CAGR: remain nearly level a eee oes “ 21.0% from 2019 to
Slide 8: Plan to Pursue International Growth Opportunities
Asaival ST Ciera Estimated Global Plan to Pursue $36.7B rawted $111.5B aoose raw International Growth Opportunities With approval in 11 global markets, Kaival Brands and Bidi Vapor plan to pursue global in ithin the eel ae future, beginning in the United Kingdom =— sy — Flas $7 OB Estimated $2 5B Es
Slide 9: Strategic Global Expansion: Launching with the UK
Asaival Brands. nw ie | Estimated $3.6B TT Estimated $3.9B sors Taw 1, Source: Statista, 2021 Strategic Global Expansion: Launching with the UK The United Kingdom represents a natural international launch point for the BIDI® Stick, featuring a mature market of adult Ws > 3.6M >50% « Total Vape Consu
Slide 10: Bidi Vapor is a Top Contender within the E-cigarette Market
Asaival Brands. Bidi Vapor is a Top Contender within the E-cigarette Market rette Market Share® Nicotine Content Tamper-resistant Packaging Disposable ENDS Market Share” Fi urces: Blu websit. Blu? (Electronic S Tobacconist and Website) 2.4% Open & Closed 10.6% Juul S (Website) a a i \ 4, Sources: Lo
Slide 11: Disposable E-Cigarette Market Share
Aaival Disposable E-Cigarette Market Share Bidi Vapor i: in the U.S. di: bi pi Pp TOTAL DISPOSABLE E-CIGARETTE MARKET OF $1.4 | BILLION 12, 2022 BID! Vapor TOTAL DISPOSABLE E- $104.1 CIGARETTE MARKET OF Other BIDI Vapor IS THE 41.8% nuov-8% Tie $253.2 MILLION 2.4% S 41.8% share of i 2 ENDS BRAND ket
Slide 12: Growing National Footprint
Aaiyal Growing National Footprint We believe that Bidi Vapor offers a compelling value proposition to retailers ..leading to significant growth in store presence RETAIL PARTNERS Brick and Mortar Online 7-Eleven Enmark GoPuff Circle K Refuel Fas Mart Sunoco Sprint Mart QuikTrip $9.99 - 7 _ERO, = SL 4
Slide 13: Growth Opportunities: Leveraging the E-Cigarette Market
Aaival Growth Opportunities: Leveraging the E-Cigarette Market International Market Expansion Accelerated Product Innovation Aaival Brands Logistical Efficiencies In-House Manufacturing Expanded Retail Distribution within the U.S. Market Infrastructure Development & Acquisition
Slide 14: FDA Update
Asaival Brands. FDA Update September 9, 2020 to remain on the market vine FDA required i LL ise to : € fen YA, : “PMTAs”) b © Bidi Vap h ; ; — et | ) fF Pre-Submission: Voluntary formal meeting between the FDA and the nth pplicant ) )s for f fe ’ JV Accent tance: the Center for a popacce rodutsrston
Slide 15: Kaival Brands Timeline
Asaival Brands. Kaival Brands Timeline Launch Extensive Growth FDA Disruption ear-term Ca talysts d exclusive re All 11 Bidi Vapor products Bidi Vapor ie ~ Resolution of pending MDO appeal an agreement luded i te li ough the - Potential strategic gtob lobal with Bidi Vapor to products subject to tim
Slide 16: Brands
Asaival Brands J 31 2022 2021 Revenues Revenues, net $ 2,841,990 8 37,369,967 Re ues - related parties 23,765 50,300 ise tax on products, 23.872) Total revenues, net 2,841,883 37,361,519 Total cost of revenue 3,532,792 32,565,121 Gross (loss) profit (690,909) 4,796,398 Total operating expenses 2,091
Slide 17: Summary Balance Sheet
BN ies Summary Balance Sheet Consolidated Balance Sheet January 31, October 34, 2022 2024 ASSETS CURRENT ASSETS s 590,420 s 7,760,228 Rest 65,542 65,007, a 41,296,204 41,985,186 Inventory deposit - related party 2,925,000 2,925,000 Inventories 11,841,750 1,326,370 Prepaid expenses 289,988 319,531 In
Slide 18: Leadership Team
Asaival Brands ~\ y Nirajkumar Patel i iT Director e 2017 and 2018, served as Vice President for of the the Board of the Indian Association Space Coast Founded, and has s of, the Florida independent l ius Stores ‘ved as a Board member d as the CEO and CSO of C, Relax Lab Inc., RLX LLC, and KC Innova
Slide 19: Company Highlights
Aaiyal butor of all Bidi Vapor products Exclusive global distri COMPANY HIGHLIGHTS Positioned to Lead , High-growth opportunity eae nahn the U.S. and 20241 Global Vapor Markets Bidi Vapor has ~7.6% market share in sable ENDS with ee white space? Robust existing US wholesale- cistron network: Potenti
Slide 20: Appendix
Xaival | APPENDIX NASDAQ: KAVL | www.kaivalbrands.com
Slide 21: Board Members
Asaival Brands. Board Members eorge Chuang Independent Director Independent Director Spent eight years as a Principal at Pacific Partnership Advisors LLC, a or, consulting firm Founde: e Nearly five decades of industry e experience all box retail as a entrepreneur, and speaker r & CEO of Lucy Labs,
Slide 22: About Us
NG 2022 ABOUT US Kaival Brands is the exclusive global distributor of all products manufactured by Bidi Vapor aival _. Bra nds We are committed to setting the highest standards for premium, sustainable nicotine ENDS products for adult consumers NASDAQ : KAVL www.kaivalbrands.com
Slide 23: Kaival Brands & Bidi Vapor Focused on Industry Leadership
4 J» Aaiyal Highly Positive Demonstrated User Traditional Cigarettes Kaival Brands & Bidi Vapor Focused on Industry Leadership Culture of Product High-End Product Innovation Manufacturing and State-of-the-Art Facilities Significant Traction Rigorous Compliance Policies High Growth unity in Disruptin
Slide 24: Bidi Vapor's Core Values
Aaival Brands. orking towards a future o n the hI (|) Bid Vapor's Core Values ‘The Preferred Choice Compliance Quality Integrity Regulation Seeks to prevent underage access and use of Bidi Vapor products Delivers a unique, premium Focus on adult consumer Provides high level of vaping experience qual
Slide 25: A Differentiated Approach to Pursuing Market Leadership
Asaival Brands. With a Differentiated Approach to Pursuing Market Leadership 11 flavor varieties bate that tacts 00 puffs per use Durable eco- friendly battery Anti- Ss vape Heat liquid only ats entire preserving quality and flavor satisfying and 2 nicotine Curent facing hundreds of Recyclable consi
Slide 26: Thank You
MAY 2022 THANK YOU NASDAQ: KAVL www.kaivalbrands.com
Kaival Brands Innovations Group — Investor Presentation (May 2022) on 6ix