On February 27, 2020, the Board of Directors of Investors Title Company appointed Tammy F. Coley and Elton C. Parker, Jr. as members of the Board to fill the vacancies created by the passing of former Board members R. Horace Johnson on October 7, 2019 and H. Joe King, Jr. on October 28, 2019, respectively. Ms. Coley will serve in the class of directors whose terms expire at the 2020 Annual Meeting of Shareholders and Mr. Parker will serve in the class of directors whose terms expire at the 2021 Annual Meeting, provided that he will stand for re-election at the 2020 Annual Meeting to complete the remaining portion of his term following the meeting. Ms. Coley and Mr. Parker have not been appointed to any committees of the Board. Ms. Coley currently serves as Chief Transformation Officer at BlackLine, where she has been employed since 2017.