Item 5.07 Submission of Matters to a Vote of Security Holders.

On October 20, 2020, Avid Bioservices, Inc. (the "Company") held its 2020 Annual Meeting of Stockholders (the "Annual Meeting") in a virtual-only format. Of the 56,602,792 shares of the Company's common stock outstanding (as of the record date of August 24, 2020) and entitled to vote, 42,766,951 shares were present in-person virtually or represented by proxy, representing approximately 76% of the total outstanding shares entitled to vote. The final voting results of each proposal voted on at the Annual Meeting are set forth below. For more information about the proposals set forth below, please refer to the Company's Definitive Proxy Statement filed with the Securities and Exchange Commission on August 27, 2020.

Proposal No. 1: Election of Directors

The Company's stockholders elected each of the seven nominees named below to serve on the Company's Board of Directors until the Company's 2021 Annual Meeting of Stockholders. The votes were as follows:




Nominee                   Votes For    Votes Withheld   Broker Non-Votes

Mark R. Bamforth 22,233,595 3,195,850 17,337,506 Joseph Carleone, Ph.D. 24,967,702 461,743 17,337,506 Nicholas S. Green 25,154,248 275,197 17,337,506 Richard B. Hancock 25,088,133 341,312 17,337,506 Catherine Mackey, Ph.D. 24,661,917 767,528 17,337,506 Gregory P. Sargen 24,974,887 454,558 17,337,506 Patrick D. Walsh 22,117,169 3,312,276 17,337,506

Proposal No. 2: Ratification of Independent Registered Public Accounting Firm

The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending April 30, 2021. The votes were as follows:





Votes For    Votes Against   Abstain
41,486,279     1,139,669     141,003

Proposal No. 3: To Approve, On an Advisory Basis, the Compensation of the Named Executive Officers

The Company's stockholders approved, on an advisory basis, a non-binding resolution approving the compensation of the named executive officers as disclosed in the Company's Definitive Proxy Statement for its 2020 Annual Meeting of Stockholders. The votes were as follows:





Votes For    Votes Against   Abstain   Broker Non-Votes
24,594,280      493,009      342,156      17,337,506














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