Company: BIVIW
Filing Date: 2025-05-08
Form Type: PRE 14A
Source: 0001520138-25-000142
Chunk: 10

Company: BIOVIE INC.
Filing Date: 2025-05-08
Form: PRE 14A
Chunk 10
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 Discretionary 
 Voting Allowed?      |
| Proposal 1 -- Reverse Stock Split Proposal               |     | Majority of votes cast |     | Yes                  |
| Proposal 2 – Adjournment of the Special Meeting Proposal |     | Majority of votes cast |     | Yes                  |

If you abstain from voting or there is a broker non-vote
on any matter, your abstention or broker non-vote will not affect the outcome of such vote, because abstentions and broker non-votes are
not considered votes cast under our Amended and Restated Bylaws or under the laws of Nevada (our state of incorporation).

Proposal 1 – Reverse Stock Split Proposal; majority vote

The approval of Proposal 1 requires the number of votes
cast in favor of the proposal to exceed the number of votes cast against the action. Abstentions and broker non-votes will have no effect
on this proposal.

| -6- |

Proposal 2 – Adjournment of the Special Meeting Proposal; majority vote

The approval of Proposal 2 requires the number of votes
cast in favor of the proposal to exceed the number of votes cast against the action. Abstentions and broker non-votes will have no effect
on this proposal.

How will my shares be voted at the Special Meeting?

At the Special Meeting, the persons named in the proxy
card will vote your shares as you instruct. If you sign your proxy card and return it without indicating how you would like to vote your
shares, your proxy will be voted as the Board of Directors recommends, unless your votes constitute broker non-votes, which is:

| · | FOR granting the Board of Directors authority, in its sole discretion, prior to the one-year anniversary of this Special Meeting,         
 to effect a reverse stock split of the outstanding shares of the Company’s common stock, at a reverse split ratio of between 1-for-5      
 and 1-for-10 as determined by the Board of Directors, whereby every 5 to 10 shares of the authorized, issued and outstanding Common Stock 
 shall be combined into one (1) share of authorized, issued and outstanding Common Stock; and                                              |

| · | FOR granting discretionary authority for the Company to adjourn the Special Meeting, if necessary, to solicit additional proxies in 
 the event that there are not sufficient votes at the time of the Special Meeting to approve the Proposal 1.                         |

Do I have cumulative voting rights?

No, our Amended and Restated Articles of Incorporation