Company: DVAX
Filing Date: 2025-04-17
Form Type: DEFC14A
Source: 0000930413-25-001273
Chunk: 44

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-17
Form: DEFC14A
Chunk 44
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/corporate-governance.

Among other things, the charter specifically requires our Audit Committee to:

| • | review and monitor the policies and procedures adopted by the Company to fulfill its responsibilities                    
 regarding the fair and accurate presentation of the Company’s financial statements;                                      |
| • | appoint, compensate, and oversee the work of the Company’s independent registered public accounting firm;                |
| • | approve and monitor all audit and non-audit services performed by the Company’s independent registered public accounting 
 firm;                                                                                                                    |
| • | consider and approve or disapprove any related party transaction as defined under the SEC Regulation S-K Item 404, to    
 the extent required by SEC regulations and Nasdaq rules;                                                                 |
| • | consult and discuss with management and the independent registered public accounting firm regarding the effectiveness    
 of the Company’s internal controls over financial reporting;                                                             |

| 31 |

| • | 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.