Company: HCWB
Filing Date: 2025-02-21
Form Type: DEF 14A
Source: 0001193125-25-032115
Chunk: 6

Company: HCW Biologics Inc.
Filing Date: 2025-02-21
Form: DEF 14A
Chunk 6
---
 |

| A: | Our bylaws require that we receive advance notice of any proposal to be brought before the meeting by                                                                                                                                                  
 stockholders of HCW Biologics, and we have not received notice of any such proposals. If any other matter were to come before the meeting, the proxy holders appointed by our board of directors will have the discretion to vote on those matters for 
 you.                                                                                                                                                                                                                                                   |

| Q: | How does the board of directors recommend I vote on these proposals? |

| A: | Our board of directors recommends that you vote your shares: |

| • |     | “FOR” the Reverse Stock Split Proposal (Proposal One); and |

| • |     | “FOR” the ELOC Proposal (Proposal Two); and |

| • |     | As four of five members of our Board are also Noteholders, the board of directors does not make a recommendation 
 with respect to the Note Conversion Proposal (Proposal Three).                                                   |

2

| Q. | How can I access the proxy materials? |

| A: | We are mailing the Special Meeting proxy materials to our stockholders and also providing access to those                                                                                                                                                
 materials over the Internet. In connection with this process, a Notice of Internet Availability is being mailed to our stockholders who have not previously requested electronic access to our proxy materials or paper proxy materials. The Notice of   
 Internet Availability contains instructions on how you may access and review our proxy materials on the internet and how you may submit a proxy for your shares over the internet. The Notice of Internet Availability will also tell you how to request 
 our proxy materials in printed form or by email, at no charge. The Notice of Internet Availability contains a control number that you will need to submit a proxy for your shares. Please keep the Notice for your reference through the meeting date.   
 Anyone attending the Special Meeting must observe the rules approved by the board of directors.                                                                                                                                                          |

| Q: | Who may vote at the Special Meeting? |

| A: | Stockholders of record as of the close of business on February 18, 2025, (“the Record Date”), are                                                                                                                             
 entitled to receive notice of, to attend and participate, and to vote at the Special Meeting. At the close of business on the Record Date, there were 44,540,394 shares of our Common Stock outstanding and entitled to vote. |

Stockholder of Record: Shares Registered in Your Name If your shares are registered directly in your name with our transfer agent, Equiniti Trust Company,