Investor Presentation

RECENT MILESTONES Dec 2021 VLNⓇ received the first and only Modified Risk Tobacco Product (MRTP) designation by the FDA for a combustible cigarette YOU HELPS YO SMORE VLN 20% LESS NICOTINE HELPS YOU SMOKE LESS LESS NICOTINE KeyGene March 2022 Industry-first breakthrough in hemp/cannabis plant transformation with our partner KeyGene, modifying the principal genes controlling cannabinoid biosynthesis in the plant April 2022 FDA's proposed menthol ban could leave VLNⓇ Menthol King as the only menthol cigarette on the market FDA U.S. Department of Health and Huma Food and Drug Administration St h 不暫old Joze ter 당신의 흡연, 반드는데 12492544LP Ma wwwwx HELPS YOU SMOKE LF April 2022 International Launch of VLNⓇ in South Korea April 2022 National pilot launch of VLNⓇ 95% less nicotine cigarettes in Chicago area with Circle K K CIRCLE K 22ND CENTURY GROUP GVB BIOPHARMA May 2022 Transformational acquisition of GVB Biopharma, a leading hemp/cannabis company 3

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