Company: DVAX
Filing Date: 2025-04-03
Form Type: PREC14A
Source: 0000930413-25-001153
Chunk: 44

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-03
Form: PREC14A
Chunk 44
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| • | consult and discuss with management and the independent registered public accounting firm regarding the effectiveness    
 of the Company’s internal controls over financial reporting;                                                             |

| 30 |

| • | establish, review, oversee and monitor compliance with procedures, as required under applicable law,                       
 for the receipt, retention and treatment of complaints received by the Company regarding accounting, internal controls or  
 auditing matters and the confidential and anonymous submission by employees of concerns regarding questionable accounting  
 or auditing matters;                                                                                                       |
| • | review the Company’s risk management, risk assessment and major risk exposures with respect to financial, accounting,      
 privacy, and cybersecurity and information technology risks;                                                               |
| • | review and evaluate the Company’s accounting principles and systems of internal controls; and                              |
| • | review and discuss the disclosure of the Company’s annual audited financial statements and quarterly financial statements, 
 including reviewing the Company’s disclosures under “Management’s Discussion and Analysis of Financial Condition           
 and Results of Operations” in its periodic reports to be filed with the SEC.                                               |

Management is responsible for the financial reporting process, including the system of internal controls
and for the preparation of consolidated financial statements in accordance with accounting principles generally accepted in the
United States. Ernst & Young, the Company’s independent registered public accounting firm, is responsible for auditing
or reviewing those financial statements. The Audit Committee monitors and reviews these processes.

REPORT OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS

The Audit Committee has reviewed and
discussed the audited financial statements for the fiscal year ended December 31, 2024 with management of the Company.
The Audit Committee has discussed with the independent registered public accounting firm the matters required to be discussed
by the applicable requirements of the Public Company Accounting Oversight Board (“PCAOB”) and the SEC. The Audit
Committee has also received the written disclosures and the letter from the independent registered public accounting firm
required by applicable requirements of the PCAOB regarding the independent accountants’ communications with the audit
committee concerning independence and has discussed with the independent registered public accounting firm the accounting
firm’s independence. Based on the foregoing, the Audit Committee has recommended to the Board that the
audited financial statements be included in the Company’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2024.

The material in this report is not “soliciting material,” is not deemed “filed” with the SEC and is not to be incorporated by reference in any filing of the Company