Company: BIVIW
Filing Date: 2025-05-07
Form Type: PRE 14C
Source: 0001520138-25-000140
Chunk: 9

Company: BIOVIE INC.
Filing Date: 2025-05-07
Form: PRE 14C
Chunk 9
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 the Special Meeting?

The names of stockholders of record entitled to vote
at the Special Meeting will be available ten days prior to the Special Meeting for any purpose relevant to the Special Meeting, by contacting
the Secretary of BioVie Inc.

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How are votes counted?

Votes will be counted by the inspector of election
appointed for the Special Meeting, who will separately count “For” and “Against” votes, and broker non-votes.

What is a broker non-vote?

If you are a beneficial owner whose shares are held
of record by a broker, you must instruct the broker how to vote your shares. If you do not provide voting instructions, your broker will
nevertheless be entitled to vote your shares in its discretion on routine matters. However, your shares will not be voted on any proposal
on a non-routine matter, which the broker does not have discretionary authority to vote. This is called a “broker non-vote.”
In these cases, the broker can register your shares as being present at the Special Meeting for purposes of determining the presence of
a quorum but will not be able to vote on those matters for which specific authorization is required.

If you are a beneficial owner whose shares are held
of record by a broker, your broker has discretionary voting authority to vote your shares on Proposal 1 (Reverse Stock Split Proposal)
and Proposal 2 (Adjournment of the Special Meeting Proposal), which are considered routine matters, even if the broker does not receive
voting instructions from you. Accordingly, it is important that beneficial owners instruct their brokers how they wish to vote their shares.

What is the quorum requirement for the Special Meeting?

A quorum of stockholders is necessary to hold a valid
Special Meeting. A quorum will be present if the holders of majority of the outstanding shares are represented by proxy or by stockholders
present and entitled to vote at the Special Meeting. On the Record Date, there were [______] shares outstanding and entitled to vote.
Thus, [______] shares must be represented by proxy or by stockholders present and entitled to vote at the Special Meeting. Abstentions
and broker non-votes are counted as present and entitled to vote for purposes of determining a quorum.

If there is no quorum, a majority of the shares so
represented may adjourn the Special Meeting to another time or date.

How many votes are required to approve each proposal?

| Proposal                                                 |     | Vote Required          |     | Broker