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Re: CherryTree1 post# 48986

Tuesday, 12/29/2015 2:50:33 PM

Tuesday, December 29, 2015 2:50:33 PM

Post# of 715153
You are wrong again. From the proxy:

http://www.envisionreports.com/NWBO/2015/1B623OC15F/Documents/v423815_NorthwestBiotherapeutics__def14a_PressFinal.pdf

e. If you do not provide instructions as to how your shares should be voted, your shares will be
voted according to the recommendations of our Board as follows:
• FOR the election of Linda F. Powers and Dr. Navid Malik, as the Class III Directors



NW has 24,815,028 shares with which to vote (thanks AVII77). If he voted YES along with LP's 31 million-ish shares she would have had 55 million YES votes. She only got 42,304,837. Only 9 million withheld so those weren't Woodford's shares either

Therefore he had to abstain:

Also from the proxy:

Abstentions and broker
non-votes will not be counted for purposes of determining the number of shares voted in the election and,
accordingly, will not affect the election of directors.



Basic Math:

42,304,837 + 9,017,855 = 51322692 total votes.

42,304,837/51322692 = 82.4%
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