Company: DVAX
Filing Date: 2025-04-07
Form Type: PREC14A
Source: 0001193125-25-074629
Chunk: 31

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-07
Form: PREC14A
Chunk 31
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 the Participants. Proxies may be solicited by mail, facsimile,
telephone, Internet, in person and by advertisements. Solicitations may be made by certain of the respective directors, officers, members and employees of Deep Track Capital, none of whom will, except as described elsewhere in this Proxy Statement,
receive additional compensation for such solicitation. The Deep Track Nominees may make solicitations of proxies but, except as described herein, will not receive compensation for acting as director nominees.

Deep Track Capital has retained Innisfree to provide solicitation and advisory services in connection with the 2025 Annual Meeting.
Compensation terms of this engagement of the Proxy Solicitor include an initial payment to Innisfree of $[●] upon the execution of the engagement, $[●] in the event of Deep Track Capital files a preliminary proxy statement with the U.S.
Securities and Exchange Commission in connection with the 2025 annual meeting of the Company’s stockholders, and $[●] on the date of the Annual Meeting if the preliminary proxy statement has been filed as of such date, pro-rated based on certain factors. Innisfree also is entitled to reimbursement of reasonable expenses incurred in connection with its delivery of services to the Deep Track Parties in connection with the
solicitation. The terms of the engagement provide further that Deep Track Capital agrees to pay an additional success fee to Innisfree in an amount such that the total compensation, including past payments, shall not exceed $[●]. Deep Track
Capital agreed to indemnify Innisfree against certain liabilities and expenses that it may incur in connection with delivery of services to Deep Track Capital in connection with the solicitation. As of the date hereof, the cost of retaining
Innisfree has been $[●] to date, and as set forth above, the total anticipated cost thereof is not yet determinable.

Deep Track
Capital has requested banks, brokerage houses and other custodians, nominees and fiduciaries to forward all solicitation materials to the beneficial owners of the shares of Common Stock they hold of record. Deep Track Capital will reimburse these
record holders for their reasonable out-of-pocket expenses in so doing. It is anticipated that Innisfree will employ approximately 40 persons to solicit Stockholders for
the 2025 Annual Meeting.

The entire expense of soliciting proxies is being borne by the Deep Track Parties. Costs of this solicitation of
proxies are currently estimated to be approximately $[●]. Deep Track Capital estimates that through the