INOVIO PHARMACEUTICALS, INC.
SUPPLEMENT TO
NOTICE OF
ANNUAL MEETING OF STOCKHOLDERS
AND PROXY STATEMENT DATED MARCH 25, 2022
FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 16, 2022
To Our Stockholders:
This supplement provides updated
information with respect to the 2022 annual meeting of stockholders (the Annual Meeting) of Inovio Pharmaceuticals, Inc., a Delaware corporation (the Company), to be held on May 16, 2022 at
9:00 am Eastern Time by live webcast at www.virtualshareholdermeeting.com/INO2022.
On or about April 6, 2022, the Company mailed to its stockholders
a Notice of Annual Meeting of Stockholders and a definitive Proxy Statement (the Proxy Statement) for the Annual Meeting. This supplement describes a recent change in the proposed nominees for election to the board of
directors of the Company (the Board) and should be read in conjunction with the Proxy Statement.
Withdrawal of Nominee for
Election as Director
On May 9, 2022, J. Joseph Kim, the Companys President and Chief Executive Officer, resigned from those positions and
also resigned as a member of the Board, in each case effective May 10, 2022. In light of Dr. Kims resignation, Dr. Kim will not stand for re-election to our Board at the Annual Meeting.
Chief Executive Officer Change
The Board appointed
Jacqueline E. Shea, Ph.D. as the Companys President and Chief Executive Officer, effective May 10, 2022. At the time of her appointment, Dr. Shea was serving as the Companys Chief Operating Officer.
The Board intends to appoint Dr. Shea as a director of the Company after the Annual Meeting.
Compensation Arrangements
In connection with her
promotion to President and Chief Executive Officer, the Board approved certain modifications to Dr. Sheas compensation, which are described in the Companys Current Report on Form 8-K filed
with the Securities and Exchange Commission on May 10, 2022 (the Form 8-K).
In
connection with Dr. Kims resignation, he and the Company entered into a Separation Agreement (the Separation Agreement), pursuant to which Dr. Kim will be entitled to receive certain separation payments and
benefits. A summary of the material terms of the Separation Agreement is set forth in the Form 8-K.