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Form of Proxy

SCILEX HOLDING COMPANY

Notes

No. Proposition For Against Abstain
1

Proposal to approve the repricing of certain stock options issued under the Scilex Holding Company 2022 Equity Incentive Plan, as amended, that are held by eligible service providers of the Company (the Option Repricing Proposal).

2

Proposal to approve the adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the Option Repricing Proposal.