Company: DVAX
Filing Date: 2025-04-17
Form Type: DEFC14A
Source: 0000930413-25-001273
Chunk: 47

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-17
Form: DEFC14A
Chunk 47
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 membership;

| • | Identify, review, evaluate and recommend candidates to serve as directors of the Company;                                 |
| • | review, evaluate and recommend incumbent directors for nomination for reelection;                                         |
| • | identify candidates to fill vacancies and newly created directorships;                                                    |
| • | periodically review and assess the performance of the Board, including Board committees;                                  |
| • | annually recommend to the Board the chairmanship and membership of each committee and consider the Board’s leadership     
 structure;                                                                                                                |
| • | review any stockholder proposals submitted for inclusion in the proxy statement and make recommendations to the Board;    |
| • | together with Company management, review succession planning;                                                             |
| • | together with Company management, assess the Company’s existing governance guidelines and determine whether changes       
 are warranted;                                                                                                            |
| • | review the adequacy of our certificate of incorporation and bylaws and recommend to the Board, as conditions dictate,     
 proposed amendments to our certificate of incorporation and bylaws; and                                                   |
| • | provides general oversight of our ESG strategy, targets, policies, performance, and reporting, and reviews and discusses  
 with management practices with respect to ESG matters that are expected to have a significant long- and short-term impact 
 on the Company’s performance, business activities, or reputation.                                                         |

| 33 |

In identifying potential director candidates, the Nominating and Corporate Governance Committee considers
Board candidates through a variety of methods and sources. These include suggestions from current Board members, senior management,
stockholders, professional search firms and other sources. The Nominating and Corporate Governance Committee considers director
candidates recommended by stockholders in the same manner as candidates identified through other sources.

This consideration of stockholder recommendations is separate from stockholder nominations of directors made
pursuant to the advance notice provisions set out in the Company’s Amended and Restated Bylaws and pursuant to Section 14
of the Exchange Act. The Nominating and Corporate Governance Committee does not intend to alter the manner in which it evaluates
candidates, including the minimum criteria discussed in “Director Recruitment, Nominations and Succession Planning”
set forth above, based on whether or not the candidate was recommended by a stockholder. See “Questions and Answers about
the Annual Meeting—When are stockholder proposals due for the 2026 Annual Meeting?” for further information on the
advance notice provisions by which stockholders can submit director nominees for election. See “Background of the Solicitation”
for further information on