Dynavax Technologies Corporation is engaged in a shareholder activism campaign ahead of its Annual Meeting of Stockholders scheduled for June 11, 2025. The company is urging stockholders to support its director nominees, Brent MacGregor, Scott Myers, Lauren Silvernail, and Elaine Sun, by voting on the GOLD proxy card. Dynavax emphasizes the expertise and specialized skillsets of its board members, aligned with the company's strategic plan for long-term stockholder value. The company warns that replacing its current directors with nominees from Deep Track Capital could disrupt its strategy and affect stockholder value adversely. Independent proxy advisory firms, including Institutional Shareholder Services and Egan-Jones, have recommended stockholders vote in favor of Dynavax's nominees, citing concerns over Deep Track's campaign and its proposed candidates, particularly questioning the fiduciary experience of Deep Track's nominee, Mr. Erkman.