Company: RCUS
Filing Date: 2025-02-18
Form Type: 424B5
Source: 0001193125-25-028669
Chunk: 52

Company: Arcus Biosciences, Inc.
Filing Date: 2025-02-18
Form: 424B5
Chunk 52
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 amended and restated certificate of incorporation and amended and                                                                                                                                                    
 restated bylaws authorize our board of directors to fill vacant directorships, including newly-created seats. In addition, the number of directors constituting our board of directors may be set only by resolution adopted by a majority vote of our 
 entire board of directors. These provisions prevent a stockholder from increasing the size of our board of directors and gaining control of our board of directors by filling the resulting vacancies with its own nominees;                           |

| • |     | Classified Board. Our amended and restated certificate of incorporation and amended and restated                                                                                                                                                        
 bylaws provide that our board of directors is classified into three classes of directors, each of which hold office for a three-year term. In addition, directors may only be removed from the board of directors for cause and only by the approval of 
 66 2/3% of our then-outstanding shares of our capital stock entitled to vote thereon. A third party may be discouraged from making a tender offer or otherwise attempting to obtain control of us as it is more difficult and time consuming for        
 stockholders to replace a majority of the directors on a classified board of directors;                                                                                                                                                                 |

| • |     | Stockholder Action; Special Meeting of Stockholders. Our amended and restated certificate of                                                                                                                                                              
 incorporation provide that stockholders are not able to take action by written consent, and are only able to take action at annual or special meetings of our stockholders. Stockholders are not be permitted to cumulate their votes for the election of 
 directors. Our amended and restated bylaws further provide that special meetings of our stockholders may be called only by a majority vote of our entire board of directors, the chairman of our board of directors or our chief executive officer;       |

| • |     | Advance Notice Requirements for Stockholder Proposals and Director Nominations. Our amended and                                                                                                            
 restated bylaws provide advance notice procedures for stockholders seeking to bring business before our annual meeting of stockholders, or to nominate candidates for election as directors at any meeting |

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| of stockholders. Our amended and restated bylaws also specify certain requirements regarding the form and content of a stockholder’s notice. These provisions may preclude our stockholders 
 from bringing matters before our annual meeting of stockholders or from making nominations for directors at our meetings of stockholders; and                                               |

| • |     | Issuance of Undesignated Preferred Stock. Our board of directors have the authority, without further