Company: DVAX
Filing Date: 2025-04-17
Form Type: DEFC14A
Source: 0000930413-25-001273
Chunk: 36

Company: DYNAVAX TECHNOLOGIES CORP
Filing Date: 2025-04-17
Form: DEFC14A
Chunk 36
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 2022 Annual Meeting of Stockholders, and Ms. Silvernail is a nominee for director
and currently a director of the Company, previously appointed by the Board, effective February 3, 2025.

Each of Mses. Silvernail and Sun and Messrs. MacGregor
and Myers has agreed to serve if elected.

Each Director elected at the Annual Meeting will serve
until the 2028 Annual Meeting of Stockholders and until their successor is elected and has qualified, or until her or his earlier death,
resignation or removal.

As described previously, Deep Track has
notified the Company of its intention to nominate four candidates to stand for election as directors at the Annual Meeting in
opposition to the Board Nominees. As a result, assuming such Deep Track Nominees are in fact nominated for election at the
Annual Meeting and all such nominations have not been withdrawn or abandoned by Deep Track, the number of director nominees
will exceed the number of directors to be elected at the Annual Meeting. As provided under our Amended and Restated Bylaws,
directors will be elected by a plurality of the votes of the shares present virtually at the Annual Meeting or represented by
proxy and entitled to vote generally on the election of directors. This means that the four director nominees receiving the
greatest number of votes cast “FOR” their election will be elected.

The Board does NOT endorse any of the Deep Track Nominees, and unanimously recommends that you only vote using the enclosed GOLD proxy card or GOLD voting instruction form “FOR” only each of the four Board Nominees: Brent MacGregor, Scott Myers, Lauren Silvernail and Elaine Sun. The Board strongly urges you to discard and NOT to vote using any white proxy card or white voting instruction form that may be sent to you by Deep Track.If you
have already voted using a white proxy card or white voting instruction form sent to you by Deep Track, you have every right to change
your vote and we strongly urge you to revoke that proxy by using the GOLDproxy card or GOLDvoting instruction form to
vote in favor of the election of ONLY each of the four nominees recommended by the Board (Brent MacGregor, Scott Myers, Lauren Silvernail
and Elaine Sun) - by internet, or by signing, dating and returning the enclosed GOLDproxy card or GOLDvoting instruction
form in the postage-paid envelope provided. Only the latest validly executed proxy that you submit will be counted; any proxy