Company: HCWB
Filing Date: 2025-02-11
Form Type: PRE 14A
Source: 0001193125-25-024372
Chunk: 9

Company: HCW Biologics Inc.
Filing Date: 2025-02-11
Form: PRE 14A
Chunk 9
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: | Each holder of shares of common stock is entitled to one vote for each share of common stock held as of 
 [February 17], 2025.                                                                                    |

| Q: | What is the quorum requirement for the meeting? |

| A: | The holders of a majority of the voting power of the shares of our common stock entitled to vote at the Special                                                                                                                                         
 Meeting as of the Record Date must be present in person virtually or represented by proxy at the Special Meeting in order to hold the Special Meeting and conduct business. This presence is called a quorum. Your shares are counted as present at the 
 Special Meeting if you are present and vote in person virtually at the Special Meeting or if you have properly submitted a proxy.                                                                                                                       |

| Q: | How are abstentions and broker non-votes treated? |

| A: | Abstentions (i.e., shares present at the Special Meeting and marked “abstain”) are deemed to                                                                                                                           
 be shares presented or represented by proxy and entitled to vote, and are counted for purposes of determining whether a quorum is present. Abstentions have no effect on Proposal One, Proposal Two or Proposal Three. |

A broker non-voteoccurs when the beneficial owner of shares fails to provide the broker, bank or other nominee that holds the shares with specific instructions on how to vote on any “non-routine”matters brought to a vote at the stockholders meeting. In this situation, the broker, bank or other nominee will not vote on the “non-routine”matter. Broker non-votesare counted for purposes of determining whether a quorum is present and have no effect on the outcome of the matters voted upon. Note that if you are a beneficial holder, brokers and other nominees will be entitled to vote your shares on “routine” matters without instructions from you. The only proposal that would be considered “routine” in such event is the proposal for Reverse Stock Split (Proposal One). A broker or other nominee will not be entitled to vote your shares on any “non-routine”matters, absent instructions from you. “Non-routine”matters include proposals other than Proposal One, such as the ELOC and the Note Conversion. Accordingly, we encourage you to provide voting instructions to your broker or other nominee, regardless of whether or not you plan to attend the meeting.

| Q: | What is the vote required for each proposal? |

| A: | The votes required to approve each proposal are as follows: |

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