Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 22

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 22
---
, may adjourn the meeting to another date.

Q:

How are votes with respect to the Cara Proposals counted?

A:

Votes with respect to the Cara Proposals will be counted by the inspector of elections appointed for the meeting, who will separately count votes “

#### FOR
” and “

### AGAINST
,” abstentions and, if applicable, broker non-votes.

Cara does not expect that any matters other than the Cara Proposals will be brought before the Cara special meeting.

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TABLE OF CONTENTS

**Q:**

#### What are “broker non-votes”?
A:

Brokers who hold shares in street name for customers have the authority to vote on “routine” proposals when they have not received instructions from beneficial owners. However, brokers are precluded from exercising their voting discretion with respect to approval of non-routine matters, and, as a result, absent specific instructions from the beneficial owner of such shares, brokers are not empowered to vote those shares, referred to generally as “broker non-votes.” Broker non-votes, if any, will be treated as shares that are present at the Cara special meeting for purposes of determining whether a quorum exists but will not have any effect for the purpose of voting on Proposal No. 1 (Stock Issuance Proposal), Proposal No. 2 (Equity Plan Proposal), Proposal No. 3 (ESPP Proposal), Proposal No. 4 (Reverse Stock Split Proposal), Proposal No. 5 (Authorized Share Proposal), Proposal No. 6 (Compensation Proposal) or Proposal No. 7 (Adjournment Proposal).

Q:

What will happen if I return my proxy form without indicating how to vote?

A:

If you submit your proxy form without indicating how to vote your shares on any particular Cara Proposal, the common stock represented by your proxy will be voted as recommended by the Cara Board with respect to that proposal.

Q:

May I change my vote after I have submitted a proxy or voting instruction form?

A:

Cara’s common stockholders of record, other than those Cara stockholders who are parties to Support Agreements, may change their vote at any time before their proxy is voted at the Cara special meeting in one of following ways:

#### •

By sending a written notice to the Secretary of Cara stating that you would like to revoke your proxy;

#### •

By duly executing a subsequently dated proxy relating to the same shares of common stock and return it in the postage-paid envelope provided