Company: DVAX
Filing Date: 2025-04-17
Form Type: DEFC14A
Source: 0000930413-25-001273
Chunk: 114

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-17
Form: DEFC14A
Chunk 114
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 any other business properly comes before the
Annual Meeting, the signed proxies received from you and other stockholders give the persons voting the proxies the authority
to vote on the matter according to their judgment.

What is a broker non-vote?

If you own shares through a broker in street name, you may
instruct your broker how to vote your shares. A “broker non-vote” occurs when you fail to properly provide your broker
with voting instructions, and the broker does not have the discretionary authority to vote your shares on a particular proposal
because the proposal is not a “routine” matter under applicable rules. To the extent that Deep Track provides a proxy
card or voting instruction form to stockholders who hold their shares in street name, all of the proposals presented at the Annual
Meeting will be considered “non-routine” matters, and brokers will not have discretionary voting authority to vote
on any of the proposals presented at the Annual Meeting. If, however, you are a stockholder who holds your shares in street name
and Deep Track does not provide you with a white proxy card or white voting instruction form, then Proposal 3 would be considered
a routine matter and your broker, bank or other nominee would be able to vote upon the matter if you do not provide them with
specific voting instructions, although it is possible that your broker, bank or other nominee may choose not to exercise such
discretionary authority. In that case, if you do not instruct your broker how to vote with respect to Proposal 3, your broker
may not vote with respect to such proposal. Therefore, we strongly encourage all street name holders to instruct their brokers, banks or other nominees to vote their shares held in street name by filling out and returning the GOLD voting instruction form.

What is the effect of abstentions and broker non-votes?

Abstentions and “WITHHOLD” votes will be treated
as shares that are present and entitled to vote for purposes of determining whether a quorum is present at the Annual Meeting.
In the case of Proposal 1, any “WITHHOLD” votes will not be counted as “votes cast” in favor of the applicable
nominee. In the case of each of Proposal 2, Proposal 3, Proposal 4, and Proposal 5, abstentions will have the same effect as a
vote “AGAINST” these proposals.

To the extent broker non-votes arise, such broker non-votes
will be treated as shares that are present and entitled to