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Investor Presentation

VLNⓇ HAS MASSIVE GLOBAL MARKET OPPORTUNITY "Although 34% of people trying to quit smoking use pharmaceutical aids, most are not successful." John P. Pierce, PhD, Professor Emeritus at UC San Diego School of Medicine4 $ 853B Global Tobacco Market 2020¹ $717B ~70% Of adult cigarette smokers want to quit² Other¹ Combustible Cigarettes <10% Of adult smokers successfully quit² 0% 1. Foundation for a Smoke Free World; https://www.smokefreeworld.org/wp-content/uploads/2021/12/Global%20Trends%20in%20Nicotine%20Report%20December%202021.pdf. 2. https://www.hhs.gov/sites/default/files/2020-cessation-sgr-consumer-guide.pdf. 3. Chaiton, Michael; Diemert, Lori, et al. “Estimating the number of quit attempts it takes to quit smoking successfully in a longitudinal cohort of smokers." Jun. 2016. 4. https://acsjournals.onlinelibrary.wiley.com/doi/pdf/10.1002/cncr.31388#:~:text=Although%2034%25%20of%20people%20trying, Medicine%20and%20Moores%20Cancer%20Center. 16% Combustible cigarettes account for about 85% of the global tobacco market¹ 50% 22ND CENTURY GROUP 84% 100% ~30 Average number of quit attempts before success³ 6
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