LIMITED POWER OF ATTORNEY FOR SECTION 16(a) REPORTING
KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned hereby makes,
constitutes and appoints each of David L. Lowrance and Kathleen R. McCabe, and
each of their successors in the offices of Chief Financial Officer or Vice
President of Legal Affairs of Savara Inc. (the "Company"), as the undersigned's
true and lawful attorney-in-fact (the "Attorney-in Fact"), with full power of
substitution and resubstitution, each with the power to act alone for the
undersigned and in the undersigned's name, place and stead, in any and all
capacities to:
1. prepare, execute, deliver and file with the United States Securities
and Exchange Commission, any national securities exchange and the
Company any and all reports (including any amendment thereto) of the
undersigned required or considered advisable under Section 16(a) of
the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), and the rules and regulations thereunder, with respect to the
equity securities of the Company, including Form 3 (Initial
Statement of Beneficial Ownership of Securities), Form 4 (Statement
of Changes in Beneficial Ownership) and Form 5 (Annual Statement of
Changes in Beneficial Ownership and any successor forms thereto; and
2. seek or obtain, as the undersigned's representative and on the
undersigned's behalf, information on transactions in the Company's
equity securities from any third party, including the Company,
brokers, dealers, employee benefit plan administrators and trustees,
and the undersigned hereby authorizes any such third party to
release any such information to the Attorney-in-Fact.
The undersigned acknowledges that:
1. this Limited Power of Attorney authorizes, but does not require, the
Attorney-in-Fact to act at his or her discretion on information
provided to such Attorney-in-Fact without independent verification
of such information;
2. any documents prepared and/or executed by the Attorney-in-Fact on
behalf of the undersigned pursuant to this Limited Power of Attorney
will be in such form and will contain such information as the
Attorney-in-Fact, in his or her discretion, deems necessary or
desirable;
3. neither the Company nor the Attorney-in-Fact assumes any liability
for the undersigned's responsibility to comply with the requirements
of Section 16 of the Exchange Act, any liability of the undersigned
for any failure to comply with such requirements, or any liability
of the undersigned for disgorgement of profits under Section
16(b) of the Exchange Act; and
4. this Limited Power of Attorney does not relieve the undersigned from
responsibility for compliance with the undersigned's obligations
under Section 16 of the Exchange Act, including, without,
limitation, the reporting requirements under Section 16(a) of the
Exchange Act.
The undersigned hereby grants to the Attorney-in-Fact full power and
authority to do and perform each and every act and thing requisite, necessary or
convenient to be done in connection with the foregoing, as fully, to all intents
and purposes, as the undersigned might or could do in person, hereby ratifying
and confirming all that the Attorney-in-Fact, or his or her substitute or
substitutes, shall lawfully do or cause to be done by authority of this Limited
Power of Attorney. This Limited Power of Attorney shall remain in full force and
effect until the undersigned is no longer required to file Forms 3, 4 or 5 with
respect to the undersigned's holdings of and transactions in equity securities
of the Company, unless earlier revoked by the undersigned in a signed writing
delivered to the Attorney-in-Fact. This Limited Power of Attorney shall be
governed and construed in accordance the laws of the State of Texas without
regard to the laws that might otherwise govern under applicable principles of
conflicts of laws thereof.
(Signature page follows.)
IN WITNESS WHEREOF, the undersigned has caused this Limited Power of
Attorney for Section 16(a) Reporting to be executed as of December 14, 2018.
Signature: /s/ Matthew Pauls
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Print Name: Matthew Pauls
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