1Q21 Investor Update slide image

1Q21 Investor Update

VLNⓇ HAS MASSIVE GLOBAL MARKET OPPORTUNITY 87% 13% Global Tobacco Market 2018¹ $817B Combustible Cigarettes Other¹ $714B¹ cigarettes account for 90% of the global tobacco market 2/3 of adult smokers want to quit² SMOKERS ARE ACTIVELY SEEKING ALTERNATIVES TO ADDICTIVE COMBUSTIBLE CIGARETTES 1. Foundation for a Smoke Free World; https://www.smokefreeworld.org/wp-content/uploads/2019/08/FSFW Global-Trends-in-Nicotine 6.22.2020.pdf 2. Centers for Disease Control and Prevention; https://www.cdc.gov/tobacco/data statistics/fact sheets/cessation/smoking-cessation-fast-facts/index.html 3. Based on consumer perception studies conducted by 22nd Century Group 22nd Century Group, Inc. <10% of adult smokers successfully quit in 2018² 60% OF ADULT SMOKERS INDICATE A LIKELIHOOD TO USE VLNⓇ BASED ON PERCEPTION STUDIES³
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