Company: BIVIW
Filing Date: 2025-05-07
Form Type: PRE 14C
Source: 0001520138-25-000140
Chunk: 5

Company: BIOVIE INC.
Filing Date: 2025-05-07
Form: PRE 14C
Chunk 5
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 or
not you plan to participate in the Special Meeting, we urge you to vote by proxy to ensure your vote is counted. Even if you have already
voted by proxy, you may still attend the virtual Special Meeting and vote online at the virtual Special Meeting on June 23, 2025, if you
choose.

| · | To vote using the proxy                                                                                                                 
 card, please complete, sign and date the proxy card and return it in the prepaid envelope. If you return your signed proxy card to us   
 before the Special Meeting, we will vote your shares as you direct. If you do not have the prepaid envelope, please mail your completed 
 proxy card to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.                                                     |

| -2- |

| · | To vote via the telephone, you can vote by calling the telephone number on your proxy card. Please have your proxy card handy when        
 you call. Easy-to-follow voice prompts will allow you to vote your shares and confirm that your instructions have been properly recorded. |

| · | To vote via the Internet, please go to www.virtualshareholdermeeting.com/BIVI2025SM and follow the instructions. Please have your          
 proxy card handy when you go to the website. As with telephone voting, you can confirm that your instructions have been properly recorded. |

Telephone and Internet voting facilities for stockholders
of record will be available 24 hours a day until 11:59 p.m. Eastern Time on June 22, 2025. After that, telephone and Internet voting will
be closed, and if you want to vote your shares, you will either need to ensure that your proxy card is received by the Company before
the date of the Special Meeting or attend the virtual Special Meeting to vote your shares online.

Beneficial owner; Shares held in account at brokerage, bank or other organization.

If your shares are registered in the name of your broker,
bank or other agent, you are the “beneficial owner” of those shares and those shares are considered as held in “street
name.” If you are a beneficial owner of shares registered in the name of your broker, bank or other agent, you should have received
a proxy card and voting instructions with these proxy materials from that organization rather than directly from us. Simply complete and
mail the proxy card as instructed by your broker, bank or other agent to ensure that your vote is counted. You may be eligible to vote