Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 10

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 10
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 Restated Bylaws or under the laws of Nevada (our state of incorporation).

Proposal No. 1 - Board Election Proposal; plurality vote

Directors are elected by a plurality of votes cast. This means that directors
who receive the most “For” votes are elected. There is no “Against” option and votes that are “withheld”
or not cast, including broker non-votes, are not counted as votes “For.” If a director nominee receives a plurality of votes
but does not, however, receive a majority of votes, that fact will be considered by the Compensation and Nominating Committee of the Board
in any future decision on director nominations. Abstentions and broker non-votes will not be counted as votes cast and accordingly will
not have an effect on this Proposal No. 1.

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Proposal No. 2 - Auditor Ratification Proposal; majority of votes cast

The votes cast “For” must exceed the votes cast “Against”
to approve the Auditor Ratification Proposal. Abstentions will not be counted as votes cast and accordingly will not have an effect on
this proposal.

Proposal No. 3 – 2019 Plan Proposal; majority of votes cast

The votes cast “For” must exceed the votes cast “Against”
to approve the 2025 Plan Proposal. Abstentions and broker non-votes will not be counted as votes cast and accordingly will not have an
effect on this proposal.

How will my shares be voted at the Annual Meeting?

At the Annual Meeting, the persons named in the proxy card will vote your
shares as you instruct. If you sign your proxy card and return it without indicating how you would like to vote your shares, your proxy
will be voted as the Board of Directors recommends, unless your votes constitute broker non-votes, which is:

| ● | FOR the election of each of the director 
 nominees named in this Proxy Statement;  |

| ● | FOR the approval of an amendment and                                                                                                        
 restatement of the 2019 Plan to approve an amendment to increase the number of shares of common stock authorized for issuance to 3,100,000. |

Do I have cumulative voting rights?

No, our Amended and Restated Certificate of Incorporation does not provide
for cumulative voting.

Am I entitled to dissenter rights or appraisal rights?

No, our stockholders are not entitled to dissenters’ rights or appraisal
rights under the Nevada General Corporation Law for the matters being submitted to stockholders at