EVFM 2018 Proxy Statement

EVOFEM BIOSCIENCES, INC. 12400 High Bluff Drive, Suite 600 San Diego, CA 92130 (858) 550-1900 March 21, 2018 NOTICE OF 2018 ANNUAL MEETING OF STOCKHOLDERS TIME : 8:00 a.m. Pacific Standard Time DATE : Tuesday, May 8, 2018 PLACE : San Diego Marriott Del Mar, 11966 El Camino Real, San Diego, California 92130 PURPOSES : 1. To elect two directors to serve three-year terms expiring 2021; 2. To approve the amended and restated 2014 Equity Incentive Plan which includes an increase in the number of shares available for the grant of awards from 458,586 shares to 5,300,000 shares; 3. To ratify the appointment of Deloitte & Touche LLP as Evofem Biosciences, Inc.’s independent registered public accounting firm for the fiscal year ending December 31, 2018; and 4. To transact such other business that is properly presented at the annual meeting and any adjournments or postponements thereof. WHO MAY VOTE : You may vote if you were the record owner of Evofem Biosciences, Inc. common stock at the close of business on March 12, 2018. If you are a stockholder of record, you may vote in one of the following ways: x Vote over the Internet , by going to https://www.proxypush.com/EVFM (have your proxy card in hand when you access the website); x Vote by telephone, by calling 1-866-509-1049 (have your proxy card in hand when calling); x Vote by mail , by returning the proxy card (signed and dated); or x Vote in person at the 2018 annual meeting. If your shares are held in “street name,” that is, held for your account by a broker or other nominee, you will receive instructions from the holder of record that you must follow for your shares to be voted. A list of stockholders of record will be available at the annual meeting and, during the 10 days prior to the annual meeting, at our corporate offices located at 12400 High Bluff Drive, Suite 600, San Diego, California 92130. All stockholders are cordially invited to attend the annual meeting. Whether you plan to attend the annual meeting or not, we urge you to vote by following the instructions in the Notice of Internet Availability of Proxy Materials that you previously received and submit your proxy by the Internet, telephone or mail in order to ensure the presence of a quorum. You may change or revoke your proxy at any time before it is voted at the meeting. BY ORDER OF THE BOARD OF DIRECTORS Alexander A. Fitzpatrick Secretary