Washington, D.C. 20549




(Rule 14a-101)


Proxy Statement Pursuant to Section 14(A) of the

Securities Exchange Act of 1934

(Amendment No.    )



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BARCODE1 OF 212151234567123456712345671234567123456712345671234567 Broadridge Internal Use OnlyJob #Envelope #Sequence ## of # Sequence #*** Exercise Your Right to Vote ***Important Notice Regarding the Availability of Proxy Materials for theStockholder Meeting to Be Held on You are receiving this communication because you holdshares in the above named company.This is not a ballot. You cannot use this notice to votethese shares. This communication presents only anoverview of the more complete proxy materials that areavailable to you on the Internet. You may view the proxymaterials online at www.proxyvote.com or easily request apaper copy (see reverse side).We encourage you to access and review all of the importantinformation contained in the proxy materials before voting.Meeting InformationMeeting Type: For holders as of: Date: Time: Location:0000457889_1 R1.0.1.18SAVARA INC.SAVARA INC.ATTN: CORPORATE SECRETARY6836 BEE CAVE RDBUILDING III, SUITE 200AUSTIN, TX 78746Investor Address Line 1Investor Address Line 2Investor Address Line 3Investor Address Line 4Investor Address Line 5John Sample1234 ANYWHERE STREETANY CITY, ON A1A 1A1Annual MeetingMarch 30, 2020May 27, 2020May 27, 2020 3:00 PM CDTWilson Sonsini Goodrich & Rosati, P.C.900 S. Capital of Texas HighwayLas Cimas IV, Fifth FloorAustin, TX 78746*


Internal UseOnlyPlease Choose One of the Following Voting MethodsVote In Person: Many stockholder meetings have attendance requirements including, but not limited to, the possessionof an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any specialrequirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares.Vote By Internet: To vote now by Internet, go to www.proxyvote.com. Have the information that is printed in the boxmarked by the arrow available and follow the instructions.Vote By Mail: You can vote by mail by requesting a paper copy of the materials, which will include a proxy card.How To Voteï§Before You VoteHow to Access the Proxy MaterialsProxy Materials Available to VIEW or RECEIVE:How to View Online:Have the information that is printed in the box marked by the arrow (located on thefollowing page) and visit: www.proxyvote.com.How to Request and Receive a PAPER or E-MAIL Copy:If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge forrequesting a copy. Please choose one of the following methods to make your request:1) BY INTERNET: www.proxyvote.com2) BY TELEPHONE: 1-800-579-16393) BY E-MAIL*: sendmaterial@proxyvote.com* If requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box markedby the arrow (located on the following page) in the subject line.ï§ï§0000457889_2 R1.0.1.181. Notice & Proxy Statement 2. Annual ReportRequests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investmentadvisor. Please make the request as instructed above on or before May 13, 2020 to facilitate timely delivery.


BARCODE12345678901212345678901212345678901212345678901212345678901212345678901212345678901212345678901 2123456789012123456789012123456789012123456789012 Broadridge Internal Use OnlyxxxxxxxxxxxxxxxxxxxxCusipJob #Envelope #Sequence ## of # Sequence #Voting items0000457889_3 R1.0.1.18The Board of Directors recommendsyou vote FOR the following:1. To elect eight directors to holdoffice until the next AnnualMeeting of Stockholders.Nominees1a. Robert Neville1b. Nevan Elam1c. Richard J. Hawkins1d. Joseph S. McCracken1e. Matthew Pauls1f. David A. Ramsay1g. Ricky Sun1h. An van Es-JohanssonThe Board of Directors recommends youvote FOR proposals 2, 3 and 4.2. To approve the amendment of our Amendedand Restated 2015 Omnibus Incentive Planto increase the number of shares ofcommon stock authorized for issuancethereunder by 3,500,000.3. To ratify the appointment of RSM US LLPas our independent registered publicaccounting firm for the fiscal yearending December 31, 2020.4. To approve, on an advisory basis, thecompensation of our named executives.NOTE: Such other business as may properlycome before the meeting or any adjournmentthereof.*As a precautionary measure related tocoronavirus or COVID-19, it is possible wemay hold the annual meeting solely by meansof remote communication via live audiowebcast on the above date and time. If wedetermine to do so, we will announce thedecision in advance, and details on how toparticipate in the annual meeting will beavailable at www.savarapharma.com. Werecommend that you visit the website toconfirm the status of the annual meetingbefore planning to attend in person.


THIS SPACE RESERVED FOR SIGNATURES IF APPLICABLEReserved for Broadridge Internal Control InformationBroadridge Internal Use OnlyJob #Envelope #Sequence ## of # Sequence #NAMETHE COMPANY NAME INC.—COMMON 123,456,789,012.12345THE COMPANY NAME INC.—CLASS A 123,456,789,012.12345THE COMPANY NAME INC.—CLASS B 123,456,789,012.12345THE COMPANY NAME INC.—CLASS C 123,456,789,012.12345THE COMPANY NAME INC.—CLASS D 123,456,789,012.12345THE COMPANY NAME INC.—CLASS E 123,456,789,012.12345THE COMPANY NAME INC.—CLASS F 123,456,789,012.12345THE COMPANY NAME INC.—401 K 123,456,789,012.123450000457889_4 R1.0.1.18