NOVAVAX INC

CUSIP: 670002104 Class: COMMON STOCK

RA CAPITAL MANAGEMENT, L.P.'s Holding History (CIK: 0001346824)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015
Shares 162,060 Value ($000) $1,146 Avg Close — Range —
Q2 2015
Shares 1,431,232 Value ($000) $15,944 Avg Close — Range —
Q1 2015
Shares 1,431,232 Value ($000) $11,836 Avg Close — Range —
Q4 2014
Shares 3,241,083 Value ($000) $19,220 Avg Close — Range —
Q3 2014
Shares 5,067,083 Value ($000) $21,130 Avg Close — Range —
Q2 2014
Shares 6,661,731 Value ($000) $30,777 Avg Close — Range —
Q1 2014
Shares 9,938,250 Value ($000) $45,020 Avg Close — Range —
Q4 2013
Shares 10,811,888 Value ($000) $55,357 Avg Close — Range —
Q3 2013
Shares 20,800,000 Value ($000) $65,520 Avg Close — Range —
Q2 2013
Shares 17,170,801 Value ($000) $35,200 Avg Close — Range —