X0202 SCHEDULE 13G 0001383838 XXXXXXXX LIVE Common Stock, Par Value $0.01 per share 10/16/2026 0001000694 NOVAVAX, INC. 670002401 21 FIRSTFIELD ROAD GAITHERSBURG MD 20878 Rule 13d-1(c) Shah Capital Management NC 0.00 10543476.00 0.00 10543476.00 10543476.00 N 6.39 IA Shah Capital Fund LLC DE 0.00 6230000.00 0.00 6230000.00 6230000.00 N 3.78 PN Himanshu H. Shah X1 113488.00 10543476.00 113488.00 10543476.00 10656964.00 N 6.46 IN NOVAVAX, INC. 21 FIRSTFIELD ROAD, GAITHERSBURG, MD, 20878 (i) Shah Capital Management, Inc. ("Shah Capital"), a North Carolina corporation, who serves as the investment adviser to Shah Capital Fund (as defined below); (ii) Shah Capital Fund ("Shah Fund"), a Delaware limited liability company; and (iii) Himanshu H. Shah ("Mr. Shah"), who serves as President and Chief Investment Officer of Shah Capital. Shah Capital, Shah Fund and Mr. Shah are referred to collectively as the "Reporting Persons." The address of the principal business and principal office of each of the Reporting Persons is: 2301 Sugar Bush Road, Suite 510 Raleigh, North Carolina 27612 Shah Capital is a North Carolina corporation. Shah Fund is a Delaware limited liability company. Mr. Shah is a citizen of the United States of America. N IA (i) Shah Capital: 10,543,476 (ii) Shah Fund: 6,230,000 (iii) Mr. Shah: 10,656,964 (i) Shah Capital: 6.39% (ii) Shah Fund: 3.78% (iii) Mr. Shah: 6.46% (i) Shah Capital: 0 (ii) Shah Fund: 0 (ii) Mr. Shah: 113,488 (i) Shah Capital: 10,543,476 (ii) Shah Fund: 6,230,000 (ii) Mr. Shah: 10,543,476 (i) Shah Capital: 0 (ii) Shah Fund: 0 (ii) Mr. Shah: 113,488 (i) Shah Capital: 10,543,476 (ii) Shah Fund: 6,230,000 (ii) Mr. Shah: 10,543,476 Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Shah Capital Management /s/ Himanshu H. Shah 10/16/2026 Shah Capital Fund LLC /s/ Himanshu H. Shah 10/16/2026 Himanshu H. Shah /s/ Himanshu H. Shah 10/16/2026