Company: BIAF
Filing Date: 2025-05-23
Form Type: PRER14A
Source: 0001641172-25-012315
Chunk: 8

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-05-23
Form: PRER14A
Chunk 8
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 a specific
voting instruction. Brokers, banks, or other nominees are not permitted to use discretionary voting authority to vote for proposals that
are deemed “non-routine” by the New York Stock Exchange. Under the rules and interpretations of the New York Stock Exchange,
“non-routine” matters are matters that may substantially affect the rights or privileges of stockholders, such as mergers,
stockholder proposals, elections of directors (even if not contested), executive compensation, and certain corporate governance proposals,
even if management supported. We believe that Proposals 2, 3 and 5 will be treated by the New York Stock Exchange as routine matters
and Proposals 1, 4 and 6 will be treated by the New York Stock Exchange as non-routine matters. The determination of which
proposals are deemed “routine” versus “non-routine” may not be made by the New York Stock Exchange until after
the date on which this Proxy Statement has been distributed. As such, it is important that you provide voting instructions to your broker,
bank, or other nominee as to how to vote your shares, if you wish to ensure that your shares are present and voted at the Annual Meeting
on all matters and if you wish to direct the voting of your shares on “routine” matters.

When there is at least one “routine” matter
to be considered at a meeting, a “broker non-vote” occurs when a proposal is deemed “non-routine” and a nominee
holding shares for a beneficial owner does not have discretionary voting authority with respect to the “non-routine” matter
being considered and has not received instructions from the beneficial owner.

What constitutes a quorum?

A quorum for the transaction of business at the Annual
Meeting requires representation, in person or by proxy, of the holders of thirty-four percent (34%) of the outstanding shares of stock
of the Corporation entitled to vote at the meeting, present in person or represented by proxy. Abstentions and broker non-votes will be
counted as shares that are present for purposes of determining the presence of a quorum for the transaction of business at the Annual
Meeting.

What is the voting requirement to approve each of the proposals?

| Proposal                                                        |     | Vote Required                                                                                                                     |     | Voting Options |     | Impact                                    
 of “Abstain” Vote                         |     | Impact of Broker Non-Votes |
| Proposal                                                        
 No. 1: Election                                                 
 of Directors                                                    |     |