Company: DVAX
Filing Date: 2025-04-15
Form Type: PRER14A
Source: 0000930413-25-001254
Chunk: 10

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-15
Form: PRER14A
Chunk 10
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: To elect four nominees as Class I directors to hold office until the 2028 Annual Meeting of Stockholders or                                                                                                       
 until their respective successors are duly elected and qualified.                                                                                                                                                             |     | Page 15                                   |     | FOR the four Board- recommended nominees only (Brent MacGregor, Scott Myers, Lauren Silvernail 
 and Elaine Sun)                                                                                |
| Proposal 2: To approve, on an advisory basis, executive compensation for certain of our executive officers.                                                                                                                   |     | Page 38                                   |     | FOR                                                                                            |
| Proposal 3: To ratify the selection of Ernst & Young LLP as the independent registered public accounting firm of the                                                                                                          
 Company for its fiscal year ending December 31, 2025.                                                                                                                                                                         |     | Page 39                                   |     | FOR                                                                                            |
| Proposal 4: To amend and restate the Company’s Restated Certificate of Incorporation to provide for the declassification                                                                                                      
 of the Company’s Board of Directors on a phased basis and to implement certain other changes.                                                                                                                                 |     | Page 41                                   |     | FOR                                                                                            |
| Proposal 5: Stockholder proposal to amend the Company’s Amended and Restated Bylaws to repeal each provision of, or amendment to, the Company’s Amended and Restated Bylaws adopted by the Board without stockholder approval 
 subsequent to November 6, 2018, if properly presented by Deep Track at the Annual Meeting.                                                                                                                                    |     | Available in Deep Track’s proxy statement |     | AGAINST                                                                                        |

| 2 |

<div align='center'>Governance Highlights</div>

We are committed to good corporate governance, which
we believe is important to the success of our business and in advancing stockholder interests. Our corporate governance practices are
described in greater detail in the “Corporate Governance” section. Highlights include:

| Independent Oversight                                                                                                   |     | Continuous Improvement                                                                                                         |
| •     The Chairperson of the Board is an independent director with clearly delineated duties                            
 •     10 of our 11 directors are independent (8 of 9 if all Board Nominees are elected at the Annual Meeting,           
 and taking into account the previously disclosed resignation/retirement of two current directors at the Annual Meeting) 
 •     Independent directors solely comprise all Board committees                                                        
 •     Our Board is diverse in terms of backgrounds, experiences and capabilities                                        |     | •     Annual Board and committee self-evaluations                                                                              
 •     Risk oversight by