Vector Group Investor Presentation — November 2022

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Investor Presentation

This document and any related oral presentation does not constitute an offer or invitation to subscribe for, purchase or othe rwise acquire any equity or debt securities or

other instruments of Vector Group Ltd. (“Vector,” “Vector Group Ltd.” or “the Company”) or its subsidiaries and nothing conta ined herein or its presentation shall form the

basis of any contract or commitment whatsoever.

The distribution of this document and any related oral presentation in certain jurisdictions may be restricted by law and per sons into whose possession this document or

any related oral presentation comes should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a

violation of the laws of any such other jurisdiction.

The information contained herein does not constitute investment, legal, accounting, regulatory, taxation or other advice and theinformation does not take into account your

investment objectives or legal, accounting, regulatory, taxation or financial situation or particular needs. You are solely r esponsible for forming your own opinions and

conclusions on such matters and the market and for making your own independent assessment of the information.

The following presentation may contain "forward -looking statements,” including any statements that may be contained in the prese ntation that reflect Vector’s expectations

or beliefs with respect to future events and financial performance. These forward -looking statements are subject to certain risk s and uncertainties that could cause actual

results to differ materially from those contained in any forward -looking statement made by or on behalf of the Company, includin g the risk that changes in Vector’s capital