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Exhibit 21

LIST OF SUBSIDIARIES

The following is a list of subsidiaries of the Company as of December 31, 2025.

Name of SubsidiaryJurisdiction of Incorporation or Organization
Novavax NL B.V.The Netherlands
Novavax DE GmbHGermany
Novavax ABSweden
Novavax CZ
(formerly Praha Vaccines a.s.)
The Czech Republic
Novavax UK LimitedUnited Kingdom
Novavax CH GmbHSwitzerland
Novavax FR SASFrance
Novavax ES S.L.U.Spain
Novavax IT S.r.l.Italy